Tag: internet trading

SEC charges nine hackers and traders in Edgar hacking case
October 27, 2017 BY Valentina Kirilova

SFC and HKMA address hacking risks associated with internet trading

The Hong Kong Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) recognise the need for effective cybersecurity management as cyber risk poses an increasingly significant threat to the integrity, efficiency and soundness of financial markets worldwide. Over the past few years, the SFC and the HKMA have provided a range of…

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bitcoin hacker
May 09, 2017 BY Valentina Kirilova

Hong Kong SFC consults on proposals to reduce hacking risks in internet trading

The Securities and Futures Commission (SFC) launched a two-month consultation on proposals to reduce and mitigate hacking risks associated with internet trading. The proposals incorporate new guidelines which set out baseline cybersecurity requirements for internet brokers to address hacking risks and vulnerabilities and to clarify expected standards of cybersecurity controls. Some of these requirements already…

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