Saturday 12 March 2016

FXCM updates on cybersecurity incident, estimates investigation costs at $700,000

US Forex broker FXCM Inc (NYSE:FXCM) has just filed its Annual Report (10-K) with the Securities and Exchange Commission (SEC), with the document containing details about the company’s financial metrics for 2015 and therenegotiated deal with Leucadia, developments of which LeapRate has already informed you.

The document is interesting in that it also provides additional information on the cybersecurity incident from October 2015.

Back then, FXCM said it was the target of a criminal cybersecurity incident involving unauthorized access to customer information. In addition to fully cooperating with the FBI, FXCM also launched a full investigation, working with a cybersecurity firm. For the full article click here 



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