If you look at the biggest daily movers, often they are pharma companies that had a clinical trial published or an m and a.<p>It's a small enough space, however, and they may wind up like Steve Cohen.
I wonder what contents of a senior executive's inbox are worth. I admire how thorough the hacking seems to be: executives, legal counsel, regulatory, and even scientists. It seems to me like they are out for as much information as possible. Good ol' fashioned corporate espionage.<p>And, less we miss the buried numbers: "<i>Half</i> of these companies fall into the biotechnology sector." I wonder what the other half points to?
How secure do you think the passwords of these health execs are? For the most part they are a bunch of 50/60 year old lifelong bureaucrats. I wouldn't expect them to be the most security-conscious computer users.<p>Ten bucks says the highest levels of protection some of these execs have is "what is the name of your dog" or "gl4x0sm1thkl1ne".
I'm not sure how they came to the conclusion that the hackers have a "banking background".<p>Is it that difficult to determine that hacking certain people's emails is likely to lead to insider trading tips? Do you need a "banking background" or "worked on Wall Street" experience for that? It's quite a leap.
I'm surprised that FireEye announced this while the hacking campaign is (presumably) still ongoing. I'd have thought it was a terrific opportunity for the FBI and SEC to team up and catch the perps in the act.