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

If forecasters are right, over the course of today, consumers will spend  $13.7 billion . Just about every click, sale, and engagement will be captured by a CRM platform. Inventory applications will trigger automated re-orders; communication tools will send automated email and text messages confirming sales and sharing shipping information.  SaaS applications supporting retail efforts will host nearly all of this behind-the-scenes activity. While retailers are rightfully focused on sales during this time of year, they need to ensure that the SaaS apps supporting their business operations are secure. No one wants a repeat of one of the biggest retail cyber-snafus in history, like when one U.S.-based national retailer had 40 million credit card records stolen.  The attack surface is vast and retailers must remain vigilant in protecting their entire SaaS app stack. For example, many often use multiple instances of the same application. They may use a different Salesforce tenant for eve