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CME hack reawakens electronic threat to financial services firms

from Bloomberg

The recent cyberattack on CME Group Inc., routed through Hong Kong, is reminding the financial services world of one of its most constant threats to business. The owner of the world’s largest futures markets joined companies from Citigroup Inc. and JPMorgan Chase & Co. to the New York Stock Exchange in revealing that it’s been targeted by hackers. Financial services firms need to boost spending the most to fend off at least 95 percent of attacks, according to a 2012 Bloomberg Government study. more

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