Hack That Fueled Insider Trading Ring Netted $100M

Hackers based in Ukraine and Russia allegedly broke into servers belonging to several newswires and passed sensitive information onto an underground trading ring as part of what’s being referred to as an unprecedented new level of insider trading. Prosecutors claimed Tuesday that corporate...

Cybersecurity and the Financial Services Industry

2014 is the year that the US Securities and Exchange Commissions Office of Compliance Inspections and Examinations OCIE is turning its focus to cybersecurity, a looming threat to any and all companies that utilize the internet. In case you missed my last post, back in March the OCIE hosted a...

ODude Dir - DT

ODude DIR - DT-777 developer statement ODude Dir 1.1 updated with fixed securities issues. http://www.odude.com/main/dir/dir-log.html...

NASDAQ Patches Reported XSS Vulnerability

A NASDAQ representative confirmed this morning that a cross-site scripting vulnerability on the exchange’s website discovered by an ethical hacker has been patched. The issue was reported on Sept. 2 by Ilia Kolochenko, chief executive of High-Tech Bridge, a Swiss penetration testing company...

Alleged Russian Cybercriminal Extradited to U.S.

Vladimir Zdorovenin, an alleged prolific Russian cybercriminal, has arrived in New York City following his arrest and subsequent extradition by Swiss authorities. The FBI had been working to find and extradite Zdorovenin for several years. Originally indicted under seal in May 2007, the 54-year-o...

EMC Foots $66 Million Bill For RSA Attack

EMC Corporation announced via an earnings call Tuesday that it spent $66 million during the second quarter on its security firm division RSA to recover from a cyberattack that compromised their SecurID product in March, according to a post on the Washington Post’s Post Tech blog. The money went...