Meitav Trade Reports Cyberattack Attempt on Client Accounts
Translated & summarized from JDN by baba
The story in 5 lines · by baba
- Meitav Trade reported an attempted cyberattack on client accounts.
- The breach originated from a vulnerability in an external service provider's API.
- Personal data of about 3,000 clients was exposed.
- Client funds, trading systems, and passwords were not compromised.
- Meitav Trade's stock dropped 5% following the announcement.
Investment house Meitav Trade reported an attempted cyberattack on its clients' accounts to the Tel Aviv Stock Exchange following a security breach detected over the weekend. The attempted intrusion stemmed from a security flaw in the API interface of an external service provider. Approximately 3,000 clients received unsolicited SMS messages containing one-time passwords (OTP). In some instances, unsuccessful attempts were made to change phone numbers linked to the accounts. The company emphasized that no client funds, trading systems, or passwords were accessed, and no sensitive financial data was exposed. However, personal details of some clients, including full names, ID numbers, bank account numbers, and beneficiary details, were compromised. Meitav Trade stated the incident is over and that it will contact affected clients personally. The company's stock fell by approximately 5% in trading following the announcement.
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