Pro-Russian hackers launched a distributed denial of service (DDoS) attack on the Taiwan Stock Exchange, causing a brief disruption. The attack, which targeted the exchange’s website, is believed to be retaliation for comments made by Taiwanese President Lai Ching-te criticizing China’s claims on Taiwan. The incident highlights the growing threat of cyberattacks in the region, particularly involving Russia and China.
The Supreme Court of India has overturned a ₹80 lakh penalty imposed on India’s two primary stock exchanges and the Securities and Exchange Board of India (SEBI) by the Bombay High Court. The penalty stemmed from the wrongful freezing of demat accounts belonging to two Mumbai residents who were mistakenly classified as promoters. The Supreme Court found that the Bombay High Court erred in its judgment and directed it to rehear the case, ensuring a fair process for all parties involved.
On Friday, July 19, a wave of technical malfunctions disrupted operations at airlines, banks, and the London Stock Exchange, spanning from the United States to Asia. The widespread disruptions followed an outage reported by Microsoft Corp., affecting its online services. The outage caused a stir online, leading to netizens’ reaction.
