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Posts tagged “London Stock Exchange

Reports of London Stock Exchange Investigating Cyber Attacks

Reports of London Stock Exchange investigating cyber attacks.. not clear if they are isolated or related incidents ? although was it an inside job, was it a bug..

” .. The British and United States stock exchanges have reportedly enlisted the help of the security services after finding out they were the victims of cyber attacks.

According to media reports, the London Stock Exchange (LSE) is investigating a terrorist cyber attack on its headquarters last year, while US officials have traced an attack on one of its exchanges to Russia.

A report from The Times said that it had been told by ‘well-placed intelligence sources’ that the London Stock Exchange was trying to find the source of the attack, while a cyber security expert is reported as saying that the threat is ‘advanced and persistent’.

The Associated Press said that officials suspect the attacks were designed to spread panic among markets and destabilise western financial institutions .. ”

SCmagazine UK, Dan Raywood, 1 February 2011
http://www.scmagazineuk.com/stock-exchanges-in-the-uk-and-us-come-under-advanced-and-persistent-attack/article/195398/ – last access 2 February 2011 – ( Full Article )

– snip –

” .. GCHQ director Iain Lobban said last year that worms have already been designed to cause significant disruption to government systems, while former White House security advisor Richard Clarke told the RSA Conference Europe that the US and UK are woefully underprepared for an attack on critical infrastructure.

Uri Rivner, head of new technologies at RSA Security speculated that the attack may have been an inside job .. ”

Phil Muncaster, V3.co.uk, 31 January 2011
http://www.v3.co.uk/v3/news/2274505/london-stock-exchange-cyber#ixzz1CpKtEy18 – last access 2 February 2011 – ( Full Article )

\cobramark3

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