Ransomware Attack Shuts Nepal Stock Market as Authorities Investigate

Summary

A ransomware attack targeting Data Hub Pvt. Ltd., which hosts trading-system servers for 72 brokerage firms, led authorities to suspend Nepal stock-market trading while the affected infrastructure was isolated and investigated.

Key points

• The attack targeted Data Hub Pvt. Ltd., which hosts Trading Management System servers used by 72 brokerage firms.
• The intrusion was detected around 5:30 a.m., according to the article.
• Authorities suspended trading to conduct a forensic investigation and ensure system safety.
• Data Hub isolated the affected infrastructure to help contain the incident.
• The article reports a market shutdown but gives no details on data theft, ransom demands or the attacker.

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