Report: Hackers Penetrated Nasdaq Computer Network

Saturday, 05 Feb 2011 07:08 AM

 

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NEW YORK (AP) — A newspaper is reporting that the computer network that runs the Nasdaq (NAZ'-dak) Stock Market in New York has been penetrated by hackers multiple times during the past year.

The Wall Street Journal reported on its website late Friday that federal investigators are trying to identify the perpetrators and their motive.

According to the report, people familiar with the investigation say the exchange's trading platform, the system which executes trades, was not compromised.

A person involved in the Nasdaq investigation told the newspaper that so far the perpetrators "appear to have just been looking around."

The paper says possible motives include financial gain, theft of trade secrets or a national security threat designed to damage the exchange.

The Secret Service initiated the probe, and the FBI is also investigating.

___

Information from: WALL ST. JOURNAL

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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