Hackers target NASDAQ Service for corporate boards




NEW YORK : Nasdaq service was attacked by hackers, the company that handles confidential communications for some 300 corporations, the company said Saturday - the latest vulnerability exposed in the computer systems Wall Street depends on.


The intrusions did not affect Nasdaq’s stock trading systems and no customer data was compromised, Nasdaq OMX Group Inc. said. Nasdaq is the largest electronic securities trading market in the US, with more than 2,800 listed companies.

A federal official told The Associated Press that the hackers broke into the service repeatedly over more than a year. Investigators are trying to identify the hackers, the official said. The motive is unknown. The official spoke on condition of anonymity because the inquiry by the FBI and Secret Service is continuing.

The targeted service, Directors Desk, helps companies share documents with directors between scheduled board meetings. It also allows online discussions and Web conferencing within a board. Since board directors have access to information at the highest level of a company, penetrating the service could be of great value for insider trading.


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