Thursday, August 1, 2013

Hackers increasingly turn their sights on stock exchanges

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Last month, five eastern European hackers were brought into court for cracking NASDAQ. They didn't touch the exchange itself, but they managed to compromise the internal email servers, giving them a clear window into the internal communications of one of the biggest stock markets in the world. By the time the FBI caught up with them, four years after the initial hack, they’d used similar tactics to make off with 160 million credit cards from retail banks. They never made it to NASDAQ's actual exchange, where stocks are bought and sold, but they came as close as anyone ever has.


53 percent of exchanges faced some kind of attack in the last yearThe European crew is part of a troubling trend: bank hackers are smartening up. The...


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via The Verge - All Posts http://www.theverge.com/2013/8/1/4578688/hackers-turn-their-sights-on-stock-exchanges

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