This site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.X

Report: NASDAQ was slow to plug vulnerabilities affecting its site

Share this article:

A Switzerland-based penetration testing firm, High-Tech Bridge, revealed that vulnerabilities in NASDAQ's website were left unpatched for weeks.

IIia Kolochenko, CEO at High-Tech Bridge, told the NY Daily News on Monday that he discovered the flaws on the stock exchange's website “in just 10 minutes with a Firefox browser without any special tools or software”.

The bugs could have allowed an attacker to carry out cross-site scripting (XSS) attacks, meaning a hacker could inject HTML code into a site to steal visitors' data, such as cookies, or manipulate what they see, the outlet reported.

The issue has since been fixed by NASDAQ as of Monday, according to reports, but long after Kolochenko notified the stock exchange of the issue on 2nd September.

In a statement emailed to SCMagazine.com on Tuesday, NASDAQ said that it responded “immediately” to High-Tech Bridge's warnings.

“We take all information security matters seriously,” the statement said. “We work with leading security vendors and have a trained and professional team that evaluates all credible threats across our digital assets.”

UPDATE: In an email received onTuesday, Kolochenko told SCMagazine.com that he reported two vulnerabilities to NASDAQ, but that he "didn't want to dig further without their permission".

"I think that if somebody perform[ed] a more profound testing, he [could] find much more vulnerabilities, and probably even more dangerous ones than XSS," he wrote. Kolochenko added that NASDAQ moved to address the issue when it got word of the issue being publicised.

Share this article:

SC webcasts on demand

This is how to secure data in the cloud


Exclusive video webcast & Q&A sponsored by Vormetric


As enterprises look to take advantage of the cloud, they need to understand the importance of safeguarding their confidential and sensitive data in cloud environments. With the appropriate security safeguards, such as fine-grained access policies, a move to the cloud is as, or more, secure than an on-premise data storage.


View the webcast here to find out more

More in News

New Androids will encrypt your data just like iPhones

New Androids will encrypt your data just like ...

Google has promised that the next generation of Android phones will automatically encrypt data - preventing police and other agencies snooping on their users.

Russian cyber attack exploits Scottish independence vote

Russian cyber attack exploits Scottish independence vote

UK oil firms warned to guard against new campaign as Russian malware exploits Scottish independende vote.

Card and banking fraud back on the rise again

Card and banking fraud back on the rise ...

Banking and card fraud back on the rise again says the FFA UK as crime increasingly moves online.