SIX Swiss Exchange plans to work more closely with the Swiss Federal Institute of Technology Zurich in order to be even nearer to the beating heart of research. A twelve-year research cooperation agreement with Zurich Information Security and Privacy Center (ZISC) at the ETH was sealed yesterday, making it an active cooperation partner for future…
Read more
Spurred by the growing and often contradictory cybersecurity regulatory burden facing companies, Thomson Reuters, Pillsbury and FireEye have formed an industry-first collaboration to help corporations meet new regulations and manage risk related to cybersecurity. This alliance affords institutions expertise and resources from a holistic, multi-pronged approach to cybersecurity risk assessment and due diligence that combines…
Read moreThe Securities and Futures Commission (SFC) has launched a review to assess the cybersecurity preparedness, compliance and resilience of brokers’ internet and mobile trading systems. The review followed a number of reports from securities brokers that the security of some customers’ internet and mobile trading accounts has been compromised and unauthorized securities trading transactions were…
Read moreCyber security is high on the agenda, as SWIFT was today forced to voice its stance regarding reports alleging its network and messaging services were affected by malware. SWIFT said in its statement that it was aware of malware targeting the ability of financial institutions to evidence fraudulent transactions. It added that the malware has…
Read moreA follow-up to LeapRate's earlier report about retail FX broker Exness being subject to numerous cyber attacks... The company addressed its clients and partners again today to assure them about its efforts to tackle the problems. The broker says that after solving the initial issues on April 6, thanks to hosting provider, Webzilla, it faced DDoS…
Read moreBitcoin 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…
Read moreUS Forex broker FXCM Inc (NYSE:FXCM) has just filed its Annual Report (10-K) with the Securities and Exchange Commission (SEC), with the document containing details about the company's financial metrics for 2015 and the renegotiated deal with Leucadia, developments of which LeapRate has already informed you. The document is interesting in that it also provides additional…
Read moreThe 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…
Read moreRetail 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…
Read moreThe 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…
Read more