Nasdaq Letter To Shareholders Explaining System Breach
No surprise: blame the US government on the information black out. Shareholders, and the investing public of course, learn last. Our question: when did clients learn?
From Nasdaq OMX letter to shareholders
Many of you may have read an article published in today’s Wall Street
Journal which reports that computer hackers have penetrated our network.
Below are facts behind the story:
• Through our normal security
monitoring systems we detected suspicious files on the U.S. servers
unrelated to our trading systems and determined that our web facing
application Directors Desk was potentially affected. We immediately
conducted an investigation, which included outside forensic firms and
U.S. federal law enforcement. The files were immediately removed and at
this point there is no evidence that any Directors Desk customer
information was accessed or acquired by hackers. Our trading platform
architecture operates independently from our web-facing services like
Directors Desk and at no point was any of NASDAQ OMX’s operated or
serviced trading platforms compromised.
• Subsequently, the
U.S. Department of Justice requested that we refrain from providing
notice to our customers until, at the earliest, February 14, 2011, in
order to facilitate the continuing investigation. NASDAQ OMX was
honoring the U.S. Government’s request to delay notification, but when a
story ran in the media on Saturday, February, 5, 2011, regarding a
hacking incident at NASDAQ OMX, we immediately decided, in consultation
with the authorities, that we must inform our constituents.
continue to evaluate and enhance our advanced security controls to
respond to the ever increasing global cyber threat and continue to
devote extensive resources to further secure our systems. Cyber attacks
against corporations and government occur constantly. NASDAQ OMX remains
vigilant against such attacks. We have been working in cooperation with
the Government’s ongoing investigations and have received their
technical advice for which we are appreciative.
As always, please don’t hesitate to contact us if needed.
Executive Vice President, Corporate Strategy and Chief Financial Officer
Vice President, Investor Relations
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