Nasdaq Hacked?
Friday, February 11th, 2011It’s likely that the antivirus software at one of America’s top stock markets has been beefed up in the past few weeks to stop attempts by hackers to penetrate the system.
Antivirus firewall software works by protecting the gateway computers which communicate with external systems.
And latest reports reveal that Nasdaq, the top New York exchange, has been under attack by hackers who apparently are making repeated attempts to break into the system.
The Wall Street Journal has reported that the FBI has been called in to investigate the alledged breach of security and the White House presidential team has been informed. Nasdaq itself has declined to comment on the stories and rumours.
Their reticence to comment is not unsurprising, given that stock exchanges are rife with rumours and gossip anyway, and just the mere suggestion of a successful cyber attack on one of the country’s largest and most active stock exchanges.
Nasdaq tends to deal in technology stocks, IPOs and younger companies. The New York Stock Exchange focuses on the larger concerns, listing most of the Fortune 500 companies.
The worry for the authorities is that stock price manipulation via a cyber attack could not only net the criminals a fortune, but it could also be a great terrorist victory. Terrorists have widened their net to include cyber attacks and Nasdaq, along with the other exchanges, represent an ideal target.
One financial security specialist said:
“The implications of cyber criminals being able to penetrate such a sensitive computer network are thinkable. It would also have worldwide ramifications. Nasdaq makes an ideal target both for the cyber criminal and cyber terrorist alike. Such an attack would shake the confidence of the major worldwide economies.”
The exchanges’ antivirus firewall software is the first line of defense against the attackers. It is there to keep the Barbarian hordes at bay, but also requires the necessary support of a good antivirus campaign plan. Viruses, Trojans and malware can be introduced so easily into systems, that users of the network have to be extremely careful as to how much the system is exposed to risk though the ‘back-door.’
Guest Article by Neil Camp






My name is Alan Potts and I'm the Editor of the Antivirus-BUYability web site and Managing Director of BUYability Limited. You can connect with me or keep up to date with new posts on this blog via the following social media sites: 








