Bloomberg reports on a 14-minute burst of huge volatility in the Russian ruble prompted by a computer virus infection

  • Moved the rate 15% in about 14 minutes
  • Used a malware virus to infect a Russian regional bank (Energobank)
  • Swung USD/RUB between 55 and 66
  • The bank says losses are around 3.2 million USD

The Russian central banks said:

it found no evidence of currency market manipulation, noting the fluctuations could have been caused by traders' mistakes

more at Bloomberg

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H/t and thanks to Gordon Gecko in the comments to another post