Cyber attack not disrupting stock market at IDX
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WannaCry malware attack has not disrupted the countrys share market, Tito Sulistio, President Director, Indonesia Stock Exchange (IDX), stated here, Monday.
“The stock authority performs a routine check two hours before opening at 9 a.m. I directly oversaw todays monitoring system; I hope the market is protected from any threats, including the virus (ransomware),” Sulistio said in Jakarta.
Some 88 countries, including Indonesia, have adopted a multi-layered security system which was already being used by US-based Nasdaq stock market.
“We have Nasdaqs JATS-NextG (Jakarta Automated Trading System Next Generation) in our security protocols,” Sulistio revealed, while adding that the stock authority would continue to protect the system from any upcoming threats.
During a separate occasion, earlier, Adena T Friedman, Nasdaq President, remarked her agency had committed to support IDXs trading and monitoring systems.
“We have been partnering with Indonesia Stock Market to provide technology application for improving supervision and trading activities,” Friedman affirmed.
Concerning the malware threat, the Indonesian Internet Service Providers Association (APJII) had suggested several preventive acts to reduce the impact of ransomware WannaCry.
As the malware has infected only Microsoft-based computers, users have been asked to update the system by downloading Security Update Patch MS-17-010.
“If the users are not aware about system updates, they can disconnect from any internet wires (LAN), or Wifi, and download the security patch from a non-Microsoft computer.
Rifan has also recommended that users back up their files in a separate flash drive (USB) or a portable hard disk, before updating the security system on the computer.
He further revealed that WannaCry malware had attacked computers in some 200 countries, including Indonesia.
The malware works by locking the computers internal system and encrypting the file, after which the users are asked to pay a “ransom” in exchange for their data.
Questions & Answers
Q.What measures does the IDX take to ensure its systems are secure?
What measures does the IDX take to ensure its systems are secure?
The stock authority performs a routine security check two hours before opening. It also uses a multi-layered security system, including Nasdaq's JATS-NextG, to protect against threats like ransomware.
Q.Which international company supports the IDX's trading and monitoring systems?
Which international company supports the IDX's trading and monitoring systems?
Nasdaq, a US-based stock market, has committed to supporting the IDX's trading and monitoring systems. Nasdaq's President, Adena T Friedman, affirmed their partnership in providing technology applications.
Q.What actions can computer users take to protect themselves from WannaCry, according to APJII?
What actions can computer users take to protect themselves from WannaCry, according to APJII?
Users should update their system by downloading Security Update Patch MS-17-010. If unaware of updates, they can disconnect from the internet, download the patch from a non-Microsoft computer, and back up files.
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