Slashdot Mirror
London Stock Exchange Was 'Under Major Cyberattack' During Linux Switch
An anonymous reader writes with this excerpt from Computerworld UK:
"The London Stock Exchange's new open source trading system may have been hacked last year, according to a report. The alleged attack came as the LSE began the switch over to the Linux-based systems, according to the dates referred to in the Times newspaper. The continued threat of cyber attack has resulted in the LSE keeping a close dialogue with British security services, which this year branded cyber attacks as one of the biggest threats to the country. There were major problems on the exchange on 24 August, when stock prices of five large companies collapsed."
As the concern and speculation deepens around the LSE outages, the exchange is due to switch on the new Linux systems on its main exchange in two weeks’ time, with dress rehearsals over the coming two weekends. The system replaces a Microsoft .Net architecture.
As the Linux system isn't due to go "live" for another fortnight, I'd expect that it is the .NET based system that has been hacked.
So, the big story here is that the LSE Windows based platform was possibly hacked and manipulated for financial gain. Why Computer World focuses on the Linux angle is a mystery.