stock exchange Hacker | Breaking Cybersecurity News | The Hacker News

Security Researcher from Group-IB ( Group-IB is one of the leading companies in global cybercrime prevention and hi-tech crime investigations )   has found a new kind of malware   that targets the Russian stock-trading platform QUIK. It was detected during several targeted attacks starting in November 2012 where  Cyber criminals have traditionally targeted private and corporate banking accounts, using malware (such as variants of the ZeuS  cyber-crime  toolkit ) to log key-strokes and extract account information. In the last year, Group-IB has received several incoming incident fraud requests on some famous online trading and stock brokerages where systems were possibly hacked and recently trading fraudsters have diversified tactics and begun to use malware. Group-IB has detected the first professional malware, targeted at a specialized trading software named QUIK (Quik Broker, Quik Dealer) from Russian software developers ARQA Technologies and FOCUS IVonline from

Tse Man- lai,  28-year-old businessman, owner of an information technology company, launched denial-of-service (DoS) attacks on Hong Kong stock exchange last year on August 12 and 13 , was sentenced to nine months in jail on Friday. According to SCMP , Tse Man- lai, who had pleaded not guilty to two counts of obtaining access to a computer with criminal or dishonest intent, was convicted of both counts in the District Court on October 24.  The attacked website is one of the most important economic platform of Hong Kong. Trading in the shares of seven companies was suspended. The seven companies, which included HSBC, Cathay Pacific Airways and HKEx itself, had a combined market value of HK$1.5 trillion. Trading was also halted on a debt security and 419 warrants and derivatives linked to the suspended stocks. Trading in the stocks were suspended, as the companies had tried to make price-sensitive announcements during the lunchtime trading break, which investors might not have seen be

Account takeover attacks have emerged as one of the most persistent and damaging threats to cloud-based SaaS environments. Yet despite significant investments in traditional security measures, many organizations continue to struggle with preventing these attacks. A new report, " Why Account Takeover Attacks Still Succeed, and Why the Browser is Your Secret Weapon in Stopping Them " argues that the browser is the primary battleground where account takeover attacks unfold and, thus, where they should be neutralized. The report also provides effective guidance for mitigating the account takeover risk.  Below are some of the key points raised in the report: The Role of the Browser in Account Takeovers According to the report, the SaaS kill chain takes advantage of the fundamental components that are contained within the browser. For account takeover, these include: Executed Web Pages - Attackers can create phishing login pages or use MiTM over legitimate web pages to harve