Michael Lewis' "Flash Boys" revealed how high-frequency trading has created a ruthless breed of traders capable of winning whichever way the market turns. In "Rogue Code," Mark Russinovich takes it one step further to show how their grip on high finance makes the stock market vulnerable to hackers who could bring about worldwide financial collapse.Read more...
Michael Lewis' "Flash Boys" revealed how high-frequency trading has created a ruthless breed of traders capable of winning whichever way the market turns. In "Rogue Code," Mark Russinovich takes it one step further to show how their grip on high finance makes the stock market vulnerable to hackers who could bring about worldwide financial collapse.
Cyber security expert Jeff Aiken knows that no computer system is completely secure. When he's called to investigate a possible breach at the New York Stock Exchange, he discovers not only that their system has been infiltrated but that someone on the inside knows. Yet for some reason, they have allowed the hackers to steal millions of dollars from accounts without trying to stop the theft.
When Jeff uncovers the crime, the NYSE suddenly turns on him. Accused of grand larceny, he must find and expose the criminals behind the theft, not just to prove his innocence but to stop a multibillion-dollar heist that could upend the U.S. economy. Unwilling to heed Jeff's warnings, the NYSE plans to continue with a major IPO using a new, untested system, one that might be susceptible both to hackers and to ruthless high-frequency traders willing to take any risk to turn a profit.
Now Jeff Aiken must unearth the truth on his own, following the thread to the back alleys of Rio de Janeiro to take on one of the world's most ruthless cartels.
Praised for his combination of real-world technology and quick-paced action, with "Rogue Code "Mark Russinovich delivers an intense thriller about a cyber threat that seems all too possible---and the Wall Street traders who might allow it to happen.
Includes a foreword by Haim Bodek, author of "The Problem of HFT: Collected Writings on High Frequency Trading & Stock Market Structure Reform."
- ISBN-13: 9781250035370
- ISBN-10: 1250035376
- Publisher: Thomas Dunne Books
- Publish Date: May 2014
- Page Count: 387
- Dimensions: 9.56 x 6.37 x 1.31 inches
- Shipping Weight: 1.3 pounds
Series: Jeff Aiken #1
Publishers Weekly® Reviews
- Reviewed in: Publishers Weekly, page .
- Review Date: 2014-05-12
- Reviewer: Staff
In Russinovich's well-crafted third Jeff Aiken novel (after 2012's Trojan Horse), the cyber security specialist must contend with insider trading, long cons, and multimillion-dollar thefts. Aiken is no stranger to tragedy. His parents and brother perished in a car accident when he was a child, his wife died in one of the 9/11 terrorist attacks, and he has recently broken up with his fellow professional computer whiz, Daryl Haugen. However, nothing can prepare him for the trouble accompanying his latest assignment, as he uncovers a major hacking scheme targeting the New York Stock Exchange's complex web of cyber protections, implicating some of the exchange's most powerful officials in the process. When the incriminated executives turn on Aiken and the colleague who's assisting him, Frank Renkin, he has to not only reconsider his position but also race against the clock to expose the criminals responsible for this grand scheme—or risk being erroneously blamed for these same crimes. Readers should be prepared for lots of technical jargon and an excess of subplots amid the thrilling storyline. (May)