05 Feb '11, 6am

Hackers penetrate Nasdaq computers: WSJ report (via ST iPhone App)

NEW YORK - COMPUTER hackers repeatedly entered the network of the company that runs the Nasdaq stock market in the past year, but the trading platform was not compromised, the Wall Street Journal reported on Friday. The report cited people familiar with the matter as saying law enforcement investigators were considering a range of motives for the hacking, from financial gain to theft of trade secrets to a national security threat to damage the important stock exchange. Authorities rank stock exchanges up with power companies and air traffic control centres as critical to the basic infrastructure of the United States. The probe into the hacking at New York-based Nasdaq OMX Group Inc was started by the US Secret Service and now includes the Federal Bureau of Investigation, the WSJ said. A spokesman for Nasdaq OMX Group declined immediate comment on the report. The WSJ said i...

Full article: http://www.straitstimes.com/BreakingNews/Money/Story/STIS...

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