VNDirect Breach Disturbs Vietnamese Stock Exchanges

VNDirect,Vietnam's third-largest securities broker, is still struggling to fully restore its operations after suffering a cyberattack over the weekend. The company said that its entire system was attacked by international hackers on Sunday who encrypted data.

The Hanoi Stock Exchange announced it was temporarily disconnecting remote trading and online trading of derivative securities transactions, debt instrument transactions and individual corporate bond transactions by VNDirect. The Ho Chi Minh City Stock Exchange dropped by 10% as investors using VNDirect were unable to trade.

VNDirect’s share price has fallen by nearly 4% since the start of the week as fallout of this cyberattack. Read more about this story on our LinkedIn page

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