Cybersecurity in the Financial Markets
The unstoppable march of technology across the face of the financial markets, as well as its permeation throughout all of the inner workings, has greatly increased the speed of trading and processing, reduced the costs of every kind of trading, and ramped up volumes in almost every market. But there is one aspect of the “Age of Technology in the Markets” that isn’t so obvious, or so well understood – the risk of, and the implications of, a cyberbreach. There are a couple of reasons why the subject of cybersecurity isn’t on everyone’s lips all the time: 1) it’s a very nerdy subject and 2) much of the effort is top secret. But everyone in the market depends on cybersecurity, and this research report looks at the state of security against two kinds of cyber-intrusions, market manipulation and market disruption.
- FinTech
