The Hanoi Stock Exchange (HNX) has just announced the temporary disconnection of remote and online transactions of VNDIRECT Securities Joint Stock Company (VND) on the listed securities trading markets, registered securities trading markets, derivative securities trading markets, debt instrument trading markets and individual corporate bond trading markets.
This is to ensure the safety of the trading system. The temporary disconnection from HNX will start from March 25 until VNDIRECT completely fixes the problem. Other members can still connect and trade normally.
Previously, at 10:00 a.m. on Sunday, March 24, 2024, VNDIRECT's entire system was attacked by an international organization, resulting in VNDIRECT's entire trading platform being temporarily inaccessible.
On the morning of March 25, the company said that VNDIRECT's technology team had made every effort to restore the service, but due to the large data infrastructure, it would take more time to connect.
Currently, the company is also working with partners who are leading technology corporations in Vietnam, as well as coordinating with related parties to ensure prevention of incidents similar to VNDIRECT for market safety.
Current status of VNDIRECT website.
A similar incident occurred at the Post and Telecommunication Joint Stock Insurance Corporation (PTI). On the PTI homepage, there was a similar announcement that the system was attacked from 10am on Sunday, March 24.
As of this morning, the technology team has resolved the issue and is working to reconnect in time for transactions. However, the recovery process is expected to take time, so the company will continue to update customers.
Not only that, IPA Securities Investment Fund Management Company Limited (IPAAM) also appeared to be inaccessible.
Both PTI and IPAAM are related to VNDIRECT. Specifically, PTI has two largest shareholder groups: VNDIRECT and authorized shareholders (accounting for 42.33%) and DB Insurance Company - Korea (accounting for 37.32%).
Regarding IPAAM, this company was established in 2008 and is the only subsidiary of VNDIRECT (100% owned capital). However, by December 2023, VNDIRECT had completed the transaction of transferring 100% of its capital contribution at IPAAM to IPA Investment Group .
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