So it seems that the Nasdaq Stock Market had been hacked … again. Although the previous time it happened, it was back in 1999. The Wall Street Journal reported on its website late Friday that federal investigators are trying to identify the perpetrators and their motive. People familiar with the investigation say the exchange’s trading platform, the system which executes trades, was not compromised, according to the report.

A person involved in the Nasdaq investigation told the newspaper that so far the perpetrators appear to have just been looking around. Investigators have not yet been able to track the cyber break-ins to any specific individual or country, but people with knowledge of the case told the newspaper some evidence points to Russia. However, they point out that hackers could be just using Russia as a conduit.

But it is good to know that there was nothing that serious that happened or else … well .. you know what will happen if the Nasdaq Stock Market will be a mess. Perish the thought. I do not want to even think about it.

A security flaw in AT&T’s network exposed the e-mail addresses of more than 100,000 owners of Apple’s 3G iPad, according to a report published by Gawker today.

Calling it the “most exclusive e-mail list on the planet,” Gawker said the list of exposed owners included New York Mayor Michael Bloomberg, White House Chief of Staff Rahm Emanuel and other powerful figures in finance, media and politics.

The security hole was uncovered by Goatse Security, a group known among security experts as hackers who enjoy pulling Web pranks, Gawker reported. Still, the group previously has uncovered flaws in browsers Firefox and Safari, Gawker said.

Although AT&T has now patched this hole, these newly released products should have been thoroughly tested in the first place to ensure that an owner’s information is safe. This is why it is always a bad idea to buy newly released products. If those hackers’ intent was to really steal people’s information, AT&T would have been left with a huge gaping security hole in their system.

Police in China shut down what officials think was the largest training Web site for computer hackers. The Black Hawk Safety Net offered lessons on cyber attacks and sold Trojan software, which allows outside access to a computer when remotely installed, media reports said.

Police arrested three people who ran the Web site and charged 100 to 200 yuan ($14 to $29) for lessons, the China Daily newspaper said. Established in 2005, the site had recruited more than 12,000 paid and 170,000 free members and collected more than 7 million yuan ($1.02 million) in membership fees, the reports said.

Authorities were tipped off to its existence while investigating a cyber attack in 2007. Some suspects arrested in that case were members of Black Hawk. The suspects in the Black Hawk case were arrested under a law revised last year in response to cyber crimes. News from CNN.

I believe the authorities should now make a strong effort and organize a group or department solely for hunting down possible hacking related sites. While sometimes hacking has its good sides, majority of its use is intended for negative purposes.

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