When trading grinded to an abrupt halt on the New York Stock Exchange (NYSE) for more than three hours recently, I couldn’t help but think of the Gotham Stock Exchange heist from the movie, The Dark Knight Rises.
No I’m not suggesting any sort of mischief or that some super-villain was involved.
It was soon learnt that there was a technical glitch, and consistent with regulatory framework, exchange authorities decided to suspend trading until measures to resolve the problem were worked out.
The glitch at the NYSE earlier this month wasn’t the only incident that made me say hmmm that day, as United Airlines also faced technical anomalies which grounded flights for an hour or so.
Then The Wall Street Journal‘s website buckled, and all this was happening around the same time.
The FBI were quick to rain on the parade of conspiracy theorists everywhere.
“We’re not big believers in coincidence either. We’ve been in contact with all three companies to see what’s going on…We do not see any connection to a cyber-breach or a cyber-attack…It does appear that it’s not a cyber-intrusion,” said FBI Director James Comey to the Senate Judiciary Committee, as reported by the Washington Post.
Such cyber-episodes raise concerns about the sheer vulnerability of the technological systems that underpin most of our day-to-day activities in the virtual, internet and social media empowered sphere.
Closer to home, we witnessed the official social network accounts of the Royal Malaysia Police (RMP) being recovered after it was hacked earlier Monday.
The Inspector-General of Police, Tan Sri Khalid Abu Bakar said PDRM’s Facebook page and Twitter account had been hacked at 2.20pm by an unknown party, identified as #AnonGHost.
Going back to earlier this year, the official website for Malaysia Airlines was hacked twice over the course of 30 minutes.
It’s not just agencies and corporations who are under siege.
In 2014, Malaysia Computer Emergency Response Team (MyCERT) Incident Statistics revealed that 1125 intrusions and 1302 intrusion attempts were present out of 5948 reported incidents on cyber related activities.
What does all this boil down to?
Definitely, a need for a safer and more secure cyberspace activity and engagement without having to be bugged by the thought or fear of not knowing if you will be the next victim of cyber-predators out there.
Time for me to consult my tech-guru on how to stay safe on the net, but if you don’t have your own cyber-security sensei to turn to, just visit CyberSecurity Malaysia’s website for advice.
Sathesh Raj
Fri Jul 24 2015
Satesh feels there is a need for a safer and more secure cyberspace activity and engagement as cyber-predatory activities rise.
COP29 climate summit draft proposes rich countries pay $250 billion per year
The draft finance deal criticised by both developed and developing nations.
Bomb squad sent to London's Gatwick Airport after terminal evacuation
This was following the discovery of a suspected prohibited item in luggage.
Kelantan urges caution amidst northeast monsoon rains
Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Former New Zealand PM Jacinda Ardern receives UN leadership award
Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM
The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
KTMB provides two additional ETS trains for Christmas, school holidays
KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024
Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Findings by dark energy researchers back Einstein's conception of gravity
The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
NRES responds to Rimbawatch press release on COP29
The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections
The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Malaysia's inflation at 1.9 pct in Oct 2024 - DOSM
Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year.
Saudi Arabia showcases Vision 2030 goals at Airshow China 2024
For the first time, Saudi Arabia is participating in the China International Aviation & Aerospace Exhibition held recently in Zhuhai.
King Charles' coronation cost GBP 71mil, govt accounts show
The coronation of Britain's King Charles cost taxpayers GBP72 million (US$90 million), official accounts have revealed.
Couple and associate charged with trafficking 51.9 kg of meth
A married couple and a man were charged in the Magistrate's Court here today with trafficking 51.974 kilogrammes of Methamphetamine.
PDRM to consult AGC in completing Teoh Beng Hock investigation
The police may seek new testimony from existing witnesses for additional insights into the investigation of Teoh Beng Hock's death.
Thai court rejects petition over ex-PM Thaksin's political influence
Thailand's Constitutional Court rejects a petition seeking to stop Thaksin Shinawatra from interfering in the running the Pheu Thai party.
Abidin takes oath of office as Sungai Bakap assemblyman
The State Assemblyman for Sungai Bakap, Abidin Ismail, was sworn in today at the State Assembly building, Lebuh Light.
UPNM cadet officer charged with injuring junior, stomping on him with spike boots
A cadet officer at UPNM pleaded not guilty to a charge of injuring his junior by stomping on the victim's stomach with spike boots.
How Indian billionaire Gautam Adani's alleged bribery scheme took off and unraveled
The indictment was unsealed on Nov. 20, prompting a $27 billion plunge in Adani Group companies' market value.
Elon Musk blasts Australia's planned ban on social media for children
Several countries have already vowed to curb social media use by children through legislation, but Australia's policy could become one of the most stringent.