We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
79,818 News Articles

Middle East stock exchanges hit by hackers

Israel, Saudi Arabia and Abu Dhabi markets all the victims of hacking

The Saudi Arabia and Abu Dhabi stock exchanges have been targeted by hackers.

Both exchanges reportedly their websites either taken down or significantly slowed, in response to an online attack on Monday on Israel's Tel Aviv Stock Exchange and on Israeli national airline El Al. Israeli ministers have already branded the web attacks on the country's businesses as similar to "terrorism", and blamed Saudi hackers.

The news marks a growing form of political protest online, in which large businesses and government institutions are targeted. In another hack last week, the credit card details of thousands of Israeli nationals were posted on the web.

Yesterday's hack of the Saudi Arabian Tadawul and the Abu Dhabi ADX exchange sites was carried out by IDF Team, a hacking group based in Israel.

Users of the Tadawul website said the site was taken offline, though the exchange insisted that it has continued to function. ADX's page loading was significantly slowed.

"If the lame attacks from Saudi Arabia will continue, we will move to the next level which will disable these sites longer term [and] may come to weeks or even months," wrote IDF Team in a forum. "You have been warned."


IDG UK Sites

45 Best Android games: top Android games for your smartphone or tablet in 2014 (24 are free!)

IDG UK Sites

How Apple, Adobe, Microsoft and others have let us down over UltraHD and hiDPI screens

IDG UK Sites

Do you have the X-Factor too? Mix Off app puts fans in the frame

IDG UK Sites

iPad Pro release date, rumours and leaked images - 12.9 screen 'coming in 2015'