Summary: The Japan Financial Services Agency has reported an alarming rise in hacked trading accounts, leading to approximately 0 million in unauthorized trades since March. Phishing sites and malware have been identified as major threats, resulting in a significant increase in compromised accounts. Both the FSA and the Japan Securities Dealers Association are advising investors on measures to protect against these types of attacks.
Affected: Japan’s financial services and securities firms
Keypoints :
- Reported fraudulent trades increased from 33 in February to 736 in mid-April.
- Stolen login information primarily stemmed from phishing attacks and infostealer malware.
- Investors are urged to enhance security measures and monitor account activity closely.
Source: https://thecyberexpress.com/japan-warns-of-hacked-trading-accounts/