Exness cautions partners about server interruptions due to DDoS attacks LeapRate

April 15, 2016 BY Maria Nikolova

Exness cautions partners about server interruptions due to DDoS attacks

A follow-up to LeapRate's report about DDoS attacks affecting Exness' services... In an email today, the retail FX broker addressed its partners warning of them a temporary server interruption due to DDoS. The first problems emerged last week, affecting the company's website, whereas another attack targeted the broker's trading servers. The company stresses that the personal…

April 13, 2016 BY Maria Nikolova

Exness experiences DDoS attacks leading to service disruptions

Retail Forex broker Exness has earlier today issued a statement regarding ongoing DDoS attacks causing service disruptions affecting the broker's website and trading terminals. The first of the attacks affected the clients' Personal Area, whereas another was detected last night and targeted Exness' trading servers. Although the issue has been resolved, some clients may experience slow…

April 01, 2016 BY Maria Nikolova

BitQuick confirms customer database leak during cyber attack

Bitcoin trading platform BitQuick, which fell victim to a cyber attack about two weeks ago, has provided an update regarding the status of customer data. The company points to the receipt upload function as the likely source of the exploit. It also discovered that its database was likely leaked, with names, email addresses and phone…

March 07, 2016 BY Maria Nikolova

ASIC report: ASX, Chi-X Australia meet cyber resilience obligations

The Australian Securities and Investments Commission (ASIC) has earlier today released a “Cyber resilience assessment report: ASX Group and Chi-X Australia Pty Ltd”, with the document presenting the assessments of the cyber policies at Australia’s major domestic financial market infrastructure providers. Overall, the assessment concluded that ASX Group and Chi-X have, up to this point…

February 12, 2016 BY Maria Nikolova

Ex-employee of Yahoo's Forex broker YJFX steals clients' data

Retail Forex broker YJFX, a subsidiary of Yahoo Japan Corporation (TYO:4689), has reported of a serious clients data breach. A former employee of the broker has stolen more than 180,000 pieces of information about YJFX clients, with the information ranging from transactions details to names of the clients and their bank account data. The analysis…

February 12, 2016 BY Maria Nikolova

NFA reminds its Members about new cybersecurity requirements

The U.S. National Futures Association (NFA) on Thursday posted a reminder about the new cybersecurity requirements that all of its members, including Forex brokers, will have to meet from March 1, 2016. The new requirements are outlined in the Cybersecurity Interpretive Notice issued by the NFA last year. The Commodity Futures Trading Commission (CFTC) approved the…

December 16, 2015 BY Maria Nikolova

CFTC approves tighter cybersecurity rules for Derivatives Clearing Organizations, Trading Platforms, Swap Data Repositories

Cybersecurity has been in the focus of US financial regulators over the past several months. In October this year, the National Futures Association (NFA) unveiled new cybersecurity rules for its members, including Forex brokers, and in November, the New York State Department of Financial Services (NYDFS) sent an official letter to Financial and Banking Information Infrastructure Committee…

November 30, 2015 BY Maria Nikolova

Paysafe: Data breaches affected 3.6 million NETELLER accounts, 4.2 million Skrill accounts

Paysafe Group Plc (LON:PAYS), formerly Optimal Payments, today provided an update regarding its investigation into alleged breaches of customers' data. The company said that third-parties have illegally obtained data related to limited account details from 3.6 million NETELLER accounts and basic personal details relating to 4.2 million Skrill accounts. Paysafe notes that less than 2%…

November 24, 2015 BY Maria Nikolova

NFA publishes 2015 Annual Review, focusing on protection

The U.S. National Futures Association (NFA) has just published its 2015 Annual Review, entitled “Protection. That's our purpose”, covering the activities of the organization for the period from July 1, 2014 to June 30, 2015. The document includes the highlights for the period in question, including enforcement actions taken, fines collected and new important rules…

November 10, 2015 BY Maria Nikolova

NY financial regulator considers increased cyber security defenses

Shortly after the National Futures Association (NFA) announced that it will tighten the requirements regarding cyber security for all of its members, including Forex brokers, another US regulator is considering new cyber security requirements. The New York State Department of Financial Services (NYDFS) has sent an official letter to Financial and Banking Information Infrastructure Committee (FBIIC)…

Tag: cyber security