Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Sony Corp (ADR) (SNE) Hacking Might Be the Work of Wall Street-Wise Hackers: FireEye

Security experts are warning that the recent wave of hack attacks that has seen Sony Corp (ADR) (NYSE:SNE) systems crippled may in a way not be the work of North Korea sympathizers. During an interview on CNBC, FireEye Manager, Laura Galante, reiterated that the attacks could also be work of Wall-Street-Wise hackers in pursuit of inside information on companies.

Sony Corporation (ADR) (NYSE:SNE)

“The fact that we are talking about North Korea Iran and potentially Wall Street insiders here speaks to the breadth of different types of actors who are now involved in this. If you think back to 2013, it was China economic espionage intellectual property theft that was widely being discussed. […] So it’s really now a very diversified type of activity that we are seeing across the board, “said Mrs. Galante

Sony Corp (ADR) (NYSE:SNE) has resorted to giving its employees new computers so that they can carry on with their daily routine as the attack exposed their computers to a rare data-wiping virus. FireEye has already revealed that the hackers might not be Chinese, Russia or North Korean but Native English speakers in pursuit of inside information on companies at Wall Street.

FireEye has already termed the hackers, FIN4 based on the fact that they target publicly traded company as well as advisory firms, in pursuit of data that can be used to manipulate stock prices

“The group that we call FIN4 will take the email accounts sometimes as many as 5 of the different firms and players involved in a potential deal. Will take that information and are likely using it to get an edge. So just having that insight into the discussions that are ongoing around a deal does that you don’t need to go any deeper,” said Mrs. Galante.

It has not yet been established which group might behind Sony Corp (ADR) (NYSE:SNE) Pictures attack, but earlier indication had pointed to hackers working on behalf of the North Korean company. The company is also not sure the scope of information that might have been stolen as investigations continue.

Warren Buffett and BillionairesFree Report: Warren Buffett and 12 Billionaires Are Crazy About These 7 Stocks
Let Warren Buffett, David Einhorn, George Soros, and David Tepper WORK FOR YOU. If you want to beat the low cost index funds by an average of 6 percentage points per year look no further than Warren Buffett’s stock picks. That’s the margin Buffett’s stock picks outperformed the market since 2008. In this free report, Insider Monkey’s market beating research team identified 7 stocks Warren Buffett and 12 other billionaires are crazy about. CLICK HERE NOW for all the details.

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!