Malaysia Oversight

Bursa confirms investor accounts were hacked, unauthorised trades detected

By FMT in April 24, 2025 – Reading time 1 minute
Bursa confirms investor accounts were hacked, unauthorised trades detected


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The hacking primarily originated from overseas, as indicated by the internet protocol addresses, and targeted accounts without pre-approved online trading access. (EPA Images pic)
PETALING JAYA:

Bursa Malaysia has confirmed that it received numerous complaints from investors claiming their online trading accounts were hacked and used for unauthorised transactions today.

The Edge reported that Bursa Malaysia and Securities Commission Malaysia had been informed by several brokers about the unauthorised access and trading activities in certain online trading accounts.

“The extent of the incident is being ascertained. Capital market regulators and the brokers are working closely on the matter,” said Bursa Malaysia.

Citing a source in the stockbroking industry, The Edge reported that the hacking primarily originated from overseas, as indicated by the internet protocol addresses.

The breach reportedly targeted accounts without pre-approved online trading access, meaning transactions for the accounts would typically require execution through their respective brokerage firms.

A similar but smaller-scale incident occurred about six weeks earlier.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 5.33 points, or 0.36%, to 1,506.52 from yesterday’s close of 1,501.19.

The benchmark index opened 0.64 of-a-point lower at 1,500.55 and moved between 1,500.40 and 1,507.45 throughout the day, reported Bernama.



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