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Speed, not safety, is the top priority for traders

Cybersecurity is a drag when speed means profit – until the costs of being hacked outweigh the rewards of being fast

Speed, not safety, is the top priority for traders
Photo: Corbis

Plenty of City traders probably think they are like Formula 1 drivers – lightning reactions and nerves of steel.

There is another similarity - they trade safety for speed. When the rain starts, F1 jockeys keep driving on their slicks as long as they can, at the risk of spinning off and crashing - because changing tyres to the safer wets would slow them down.

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