The Dhaka Stock Exchange (DSE), the central financial hub of Bangladesh, has temporarily closed its website due to heightened concerns over a potential cyber attack. The decision to shut down the site was made on the morning of July 26, 2024, following persistent threats and previous attempts by hackers to breach the system. DSE officials reported that the closure was a preventive measure to protect the integrity of the site and ensure the security of the market’s data.
The threat to the DSE’s website has been an ongoing issue, with hackers reportedly targeting the site multiple times in the past. Despite their previous attempts being unsuccessful, the current situation has escalated to a level where authorities deemed it necessary to take the website offline. This action aims to safeguard both the operational security of the exchange and the sensitive financial data it manages.
Acting DSE Manager Director Satvik Ahmed Shahi confirmed that the website was taken offline after learning about the increased threat on the night of July 25. The closure was executed with urgency, and efforts were made to address the security concerns throughout the early hours of July 26. Shahi indicated that the decision to reopen the website will depend on further assessments and the government’s guidance, with hopes to resume normal operations before trading begins on July 28.
In response to the threat, the DSE is working closely with relevant authorities and financial institutions to ensure that the website’s reopening will not compromise security. The exchange’s priority remains to restore full functionality while maintaining robust protection against potential cyber threats. The situation continues to develop, and stakeholders are advised to stay informed through official channels for updates on the resumption of the website and trading activities.
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