Michael Lewis' Flash Boys published how high-frequency buying and selling has created a ruthless breed of investors able to successful whichever manner the industry turns. In Rogue Code, Mark Russinovich takes it one step additional to teach how their grip on excessive finance makes the inventory industry prone to hackers who might result in all over the world monetary collapse.
Cyber safety professional Jeff Aiken understands that no machine method is totally safe. while he is referred to as to enquire a potential breach on the ny inventory trade, he discovers not just that their procedure has been infiltrated yet that somebody at the within is aware. but for a few cause, they've got allowed the hackers to scouse borrow thousands of bucks from bills with out attempting to cease the theft.
When Jeff uncovers the crime, the NYSE all of sudden activates him. Accused of grand larceny, he needs to locate and divulge the criminals at the back of the robbery, not only to end up his innocence yet to forestall a multibillion-dollar heist which could upend the U.S. financial system. Unwilling to heed Jeff's warnings, the NYSE plans to proceed with a massive IPO utilizing a brand new, untested method, one who should be weak either to hackers and to ruthless high-frequency investors keen to take any threat to show a profit.
Now Jeff Aiken needs to unearth the reality on his personal, following the thread to the again alleys of Rio de Janeiro to tackle one of many world's such a lot ruthless cartels.
Praised for his mix of real-world know-how and quick-paced motion, with Rogue Code Mark Russinovich gives you an extreme mystery a few cyber danger that turns out all too possible---and the Wall road investors who may perhaps let it to happen.
Includes a foreword by means of Haim Bodek, writer of The challenge of HFT: gathered Writings on excessive Frequency buying and selling & inventory industry constitution Reform.