Tag Archives: Chinese Traders

Cyber Security Hacking by Chinese Traders A Wake Up Call for Law Firms

Cyber Security Hacking by Chinese Traders A Wake Up Call for Law FirmsAccording to a recent unsealed federal indictment, three Chinese traders hacked into the computer systems of prominent U.S. law firms and stole non-public information on mergers and acquisitions, netting the hackers more than $4 million in illegal profits. These allegations are just the latest red flags for law firms, which have long been considered vulnerable to cyber attacks.

The traders upon hacking into the systems bought shares of at …

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