SEBON has launched a high-level probe after a ransomware attack disrupted Data Hub Pvt. Ltd., forcing the suspension of share trading across the Nepal Stock Exchange and affecting 72 brokerage firms. The incident exposed critical weaknesses in Nepal’s market infrastructure, while investigators work to restore systems from an isolated backup and determine how the breach occurred. #SEBON #NEPSE #DataHubPvtLtd
Keypoints
- SEBON formed a five-member committee to investigate the ransomware incident.
- The attack disrupted the Data Hub server hosting 72 brokerage firms in Nepal.
- Share trading on NEPSE was suspended after the cyber incident.
- An isolated backup from 4:00 AM remained safe and will support restoration.
- SEBON asked NEPSE and market authorities to submit a detailed report by September 28.
Read More: https://ictframe.com/sebon-investigates-suspension-of-share-trading/