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 Technolo...

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 investor...

Vulnerability Management (VM) has long been a cornerstone of organizational cybersecurity. Nearly as old as the discipline of cybersecurity itself, it aims to help organizations identify and address potential security issues before they become serious problems. Yet, in recent years, the limitations of this approach have become increasingly evident.  At its core, Vulnerability Management processes remain essential for identifying and addressing weaknesses. But as time marches on and attack avenues evolve, this approach is beginning to show its age. In a recent report, How to Grow Vulnerability Management into Exposure Management (Gartner, How to Grow Vulnerability Management Into Exposure Management, 8 November 2024, Mitchell Schneider Et Al.), we believe Gartner® addresses this point precisely and demonstrates how organizations can – and must – shift from a vulnerability-centric strategy to a broader Exposure Management (EM) framework. We feel it's more than a worthwhile read an...