Hackers' Breach Of NASDAQ System A Growing Concern As More Details Emerge

Sunday, February 06, 2011 16:06
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Hackers' Breach Of NASDAQ System A Growing Concern As More Details Emerge

News that computer hackers had infiltrated the operator of the Nasdaq Stock Exchange is the latest blow for Wall Street and concern is growing about the extent of the security breach.

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Forbes blogger Jeff Carr, a security consultant, says reports that the hackers breached the system for more than a year make him skeptical about NASDAQ's claim that customer information was not reached. He also says that the hackers are probably state-sponsored.

 

Whle the exchange said its trading systems were not tampered with and that the hackers did not access customer information, Reuters points out that the incident is only the latest blow to investor confidence in Wall Street computer systems.

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