FXCM reports cyber attack, data copied | Forex Factory

  • FXCM reports cyber attack, data copied

    From fxnewsgroup.com

    FNG Exclusive… FNG has learned that Retail FX and CFDs broker FXCM has reported a successful cyber security breach of the company’s servers to the Israel Securities Authority. FXCM is now mainly based out of London (where CEO Brendan Callan sits) and Hong Kong, but operates much of its back office operations in Israel. The company operates regulated subsidiaries in the UK, South Africa, Australia, and Cyprus. Israel takes cyber incidents very seriously, with any attempted or successful hack attacks required to be reported immediately to the regulator. FXCM reported that on Sunday morning (January 10) unidentified ... (full story)

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CBAtrades
Jan 13, 2021 7:40am
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Quoting Guest
Didn't realize FXCM was still around, didn;t they go bellyup after the CHF tanked?
No, FXCM did not go "belly up". They were effectively taken over by Jefferies Financial, one of the leading non-bank financial groups in the US. Doing fairly well lately, if Jefferies is to be believed.
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Trader#4CEC
Jan 13, 2021 5:17am
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Didn't realize FXCM was still around, didn;t they go bellyup after the CHF tanked?
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Trader#0563
Jan 13, 2021 7:59am
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most companies dont take the issue of cybersecurity seriously enough, until they themselves are hit by hackers. too much 'it cant happen here' attitude exists. hard to believe in this day and age.
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