Industryweek 7841 Hacker Group Targets Company Financial Info

Hacker Group 'FIN4' Targets Company Financial Info

Dec. 1, 2014
A hacker group has tapped into email accounts of executives in more than 100 companies that could give them lucrative access to market-moving information.

WASHINGTON — A hacker group has tapped into email accounts of executives in more than 100 companies that could give them lucrative access to market-moving information, a US security firm said Monday.

San Francisco-based FireEye said the mysterious group, dubbed FIN4, showed deep familiarity with the way businesses work and appeared to target the accounts of officials with knowledge of merger and acquisitions and other valuable corporate secrets.

Based on information from its corporate security clients, FireEye said FIN4 has gone after access to email accounts of companies' top executives, legal counsel, outside consultants and researchers.

Some two-thirds of the companies FIN4 has targeted since mid-2013 are in the pharmaceutical and healthcare industries, where there has been a surge of large deals in the past year, FireEye said.

FireEye said that of the companies it knows were targeted by the group, all but three were listed on the New York Stock Exchange or the Nasdaq Stock Market.

FireEye did not say where the hacker group might be operating from, but it suggested FIN4 was more sophisticated than some Russian or Chinese groups.

"Their spearphishing themes appear to be written by native English speakers familiar with both investment terminology and the inner workings of public companies."

Copyright Agence France-Presse 2014

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