Tag Archive for: Chaos

Why Stock Market Has Been Stable During Economic Chaos: Quants


  • Amid a chaotic few months in the US economy, the stock market has remained relatively stable.
  • Quant funds, which use computer models to trade, are helping calm the markets, The Wall Street Journal reported.
  • Here’s how quant funds work and the impact they’re having on the market.

Economic pandemonium has swept our financial systems for the last few months: We entered the year with stubborn inflation; the March collapse of Silicon Valley Bank spurred fear for investors, business owners, and bankers alike; and recent discussions on breaching the debt ceiling have caused uncertainty about the future of Social Security or potential job loss, among other scares.

Yet still, the stock market has remained somewhat calm. 

In fact, the S&P is up nearly 10% year to date, as of May 29. Meanwhile, the VIX, also known as the volatility index, has remained below 20 — a level that suggests a relatively stable market — every trading day but two since March 28. 

That stability is at least in part thanks to quant funds, according to The Wall Street Journal. Quant funds, or quantitative hedge funds, are investment funds that use computer-created algorithms, mathematical models, and artificial intelligence to make stock predictions.

While some investors have stepped back from equity…

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Empowering MSSPs and MDR Service Providers to Control the Chaos Caused by Advanced, Highly Evasive Malware


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Russia responsible for satellite hack causing chaos across Europe


Russia was behind a cyber attack which caused chaos across Europe hours before it invaded Ukraine, British officials have confirmed.

Kremlin cyber spies hacked a Viasat communication satellite intending to target the Ukrainian military but also knocking thousands of users offline including a wind farm in Germany.

The attack was the first digital salvo fired by Russia and triggered fears of an all-out online war.

Information pointing to Russian agents was previously released by the satellite’s operator Viasat. The Foreign Office has now said that the Kremlin’s military intelligence bureau, the GRU, was behind the attack.

Liz Truss, the Foreign Secretary, said: “This is clear and shocking evidence of a deliberate and malicious attack by Russia against Ukraine which had significant consequences on ordinary people and businesses in Ukraine and across Europe.”

Viktor Zhora, a senior official at Ukraine’s cybersecurity agency, said in the immediate aftermath of the hack that it was “a really huge loss in communications in the very beginning of war”.

The European Union joined Ms Truss in condemning Russia for the hack, which affected member states across the east of Europe and shut down 5,800 German wind turbines operated by power company Enercon.

The attack consisted of a malicious software update sent by Russian military intelligence to customer terminals for Viasat’s KA-SAT satellite.

Tens of thousands of terminals were damaged by the Russians’ efforts to force the satellite offline, the Foreign Office said. It is understood the terminals need to be returned to Viasat to be reprogrammed for normal use.

Viasat’s satellite service is used by businesses for general internet connectivity and for monitoring internet-connected industrial systems.

Cyber security company SentinelOne said in a March analysis that 5,800 turbines in Germany all vanished offline at the same time in late February, the first indication that something was amiss.

The UK has sanctioned the GRU after its appalling actions in Salisbury.

Previous UK sanctions froze around £940bn worth of bank assets and £117bn in personal net worth of oligarchs and their family members, whom the Government says…

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