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Oanda retail accounts compromised by hacker

Hacking attack of an employee’s laptop.

It seems to be an Oanda news morning…. The Wall Street Journal reported that some accounts at Oanda were hacked into last week, with approximately 0.2% of clients affected, according to an email sent to clients.

The email said the incident occurred between July 14-17 and that around 200 accounts were affected, before Oanda discovered that the username and password of an employee was being used to view the personal details of some account holders.

“We were the victim of a targeted hacking attack of an employee’s laptop and are working closely with authorities to identify the perpetrator. Based on our investigation, we believe that this incident may have affected the security of some of the information associated with your OANDA fxTrade account,” the company said.

The intruder apparently could have had access to personal details such as employment information, bank account numbers and the total net worth of individuals. Oanda said it disabled the account used for hacking and is working closely with authorities to identify the perpetrator. The company also said it has now taken additional measures to increase the security of its client database.

For more on the global FX market see the LeapRate-Dow Jones Forex Industry Report.

David Hobart

David Hobart

David Hobart is Managing Director of FinAffiliates Limited, the UK media group behind LeapRate, AskTraders and a network of more than 30 financial and trading titles published across several languages and regulated markets. He writes on the commercial side of the industry: broker marketing, client acquisition, affiliate strategy and the editorial standards that hold it together. He is based in North Norfolk.
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