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DATA SECURITY BREACH AT NASDAQ ANNOUNCED

Source: Ontrack Data Recover

Posted on February 9, 2011

Nasdaq OMX Group, the company that runs the US stock exchange, has admitted it has suffered a data security breach.

The company confirmed that a confidential computer network that allows business leaders and board members to securely share private information, called Directors Desk, has been hacked.

However, the organisation has claimed that there is no evidence to suggest that any Directors Desk customers' information was accessed or obtained.

The data security of the trading platform for the Nasdaq Stock Market remained unaffected as the two systems are operated separately.

Security officials have not yet been able to detect a motive for the attack as no data was manipulated or stolen and because the origin of the hack is still unknown.

This attack comes as federal investigators announced they were looking into a number of other potential data security breaches at the stock exchange throughout last year.

Tom Kellermann, a former computer security official at the World Bank, said that sophisticated hackers often infiltrate a system to gather information before trying to "monetise the situation".




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