AOH :: ISNQ3856.HTM

Vietnam securities firms websites wide open to hacking: IT center




Vietnam securities firms websites wide open to hacking: IT center
Vietnam securities firms websites wide open to hacking: IT center



http://www.thanhniennews.com/education/?catid=4&newsid=26703 

Source: Nguoi Lao Dong - Translated by A.N.O.N
April 3, 2007

Twelve out of a surveyed 22 Vietnamese securities companies could have 
their websites hacked at any moment since they have serious loopholes, a 
Hanoi web security center warned.

The Hanoi University of Technologys Bach Khoa Internetwork Security 
Centre (BKIS) said Sunday that hackers could gain control of such sites 
and falsify crucial stock information.

BKIS director Nguyen Tu Quang said misinformation posted by hackers 
could cause investors to sell off their shares or rush to buy others. 
Worse, they could tamper with transactions, accounts, and orders.

Many companies failed to pay attention to cyber security and it doesnt 
need a superior hacker to hack into those sites.

BKIS had sent warnings to the companies but many of them had failed to 
act.

Many securities company hired the same software firm to maintain their 
websites, which could further facilitate hackers as the sites came with 
the same loopholes.

The companies mostly trusted their software firm and did not themselves 
do proper checks. He called on securities companies to hire web security 
experts to watch over their sites.

Nguyen Huu Giap of the Hacker Vietnam Association earlier said around 90 
percent of securities companies websites were vulnerable to hacking, 
including that of the State Securities Commission and Hanoi Stock 
Trading Center.

But since being informed last month, the two had plugged the loopholes 
though many others had failed to do so, he added.


__________________________
Subscribe to InfoSec News
http://www.infosecnews.org 

Site design & layout copyright © 1986-2014 CodeGods