Karamjit Posted October 5, 2015 Share Posted October 5, 2015 The funds have been returned to the original clientsForeign-exchange broker FXCM privately informed clients it suffered a data breach and that hackers had stolen funds from some accounts. The news broke last week, and the company did not publicly disclose the attack, nor any details regarding its timeline. FXCM did send an email to its clients, one in which it informed them of the data breach and recommended they changed their account passwords. The email also said that "FXCM is aware of a small number of unauthorized wire transfers from customer accounts."The company claims that the transfers were reversed, and now, all funds have been returned to the affected clients. All customers whose accounts were impacted have also been contacted. The broker is already seen in a bad light by most customers, since early in January, it needed a $300 million / €267 million bailout from Jefferies/Leucadia following the unexpected Swiss Franc revaluation. Eventually, the company had to issue a public press release on the matter. FXCM dropped 8% on the stock market following the announcement. FXCM is not the only finances company that got hacked last week. It also happened to Scottrader, the company acknowledging a data breach which disclosed the personal details of 4.6 million customer accounts. Other data breaches from last week include Patreon, a music crowd-funding site, and Experian, an insurance and identity theft vendor which lost data for 15 million T-Mobile clients.Source Link to comment Share on other sites More sharing options...
212eta Posted October 6, 2015 Share Posted October 6, 2015 From personal experience, I can tell that FXCM sucks... Link to comment Share on other sites More sharing options...
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