Hackers have attempted a series of sophisticated cyberattacks on major Wall Street money managers and financial services firms in recent days, targeting their information systems, according to Bloomberg News.
The targets included several private equity firms and some of the world's largest hedge funds, such as Two Sigma Investments, Citadel, and Point72 Asset Management.
The hacking attempts involved audio phishing schemes, where cybercriminals used phone calls to try to trick employees into handing over sensitive information or granting access.
The phone-call tactic has been used successfully by 'Scattered Spider,' described as a loose-knit group of young hackers.
Point72 Asset Management told investors on Wednesday that it had faced an attack from hackers, but indicated that no customer information was stolen.
Citadel and Point72 Asset Management declined to comment on the matter. Two Sigma Investments, Balyasny, and Millennium did not immediately respond to requests for comment.
Rising Threat Landscape
Cybersecurity experts state that attempts by hackers to break into major financial institutions are routine. This occurs amid a surge in AI-powered cyberattacks and ransomware that disrupt operations and steal data at global companies.
Earlier this year, the US White House announced a working group to unite AI developers and critical infrastructure operators to share threat intelligence and coordinate cyber defenses.
