Hackers Manipulate Stock Markets in $700 Million Illicit Trading Spree-Plus CloudFlare Issues

Stock Markets and Power Grids  issues

Hackers Manipulate Markets in $700 Million Illicit Trading Spree
Aya Wagatsuma, Ryo Horiuchi and Takashi Nakamichi
Mon, April 28, 2025 at 7:12 AM MST 7 min read

(Bloomberg) — Criminals are hijacking online brokerage accounts in Japan and using them to drive up penny stocks around the world. The wave of fraudulent trading has reached ¥100 billion ($710 million) since it started in February and shows no signs of cresting. The scams typically use the hacked accounts to buy thinly traded stocks both domestically and overseas, allowing anyone who has built up a position earlier to cash out at inflated values. In response, some Japanese securities firms have stopped processing buy orders for certain Chinese, US and Japanese stocks. Eight of the country’s biggest brokers including Rakuten Securities Inc. and SBI Securities Co. have reported unauthorized trading on their platforms. The breaches have exposed Japan as a potential weak point in efforts to safeguard global markets from hackers.They also threaten to undermine the Japanese government’s push to get more people to invest for their retirement, particularly since some victims say they are baffled as to how their accounts were broken into and the securities companies have so far largely refrained from covering the losses.

Internet services giant Cloudflare says it mitigated a record number of DDoS attacks in 2024, recording a massive 358% year-over-year jump and a 198% quarter-over-quarter increase.
These figures come from Cloudflare’s 2025 Q1 DDoS Report, where the company says it mitigated a total of 21.3 million DDoS attacks in 2024.

However, 2025 is looking to be an even bigger problem for online entities and companies, with Cloudflare already responding to 20.5 million DDoS attacks in just the first quarter of 2025.
These attacks include Cloudflare itself, whose infrastructure was targeted directly in 6.6 million attacks over an 18-day multi-vector campaign.

Internet services giant Cloudflare says it mitigated a record number of DDoS attacks in 2024, recording a massive 358% year-over-year jump and a 198% quarter-over-quarter increase.

These figures come from Cloudflare’s 2025 Q1 DDoS Report, where the company says it mitigated a total of 21.3 million DDoS attacks in 2024.

However, 2025 is looking to be an even bigger problem for online entities and companies, with Cloudflare already responding to 20.5 million DDoS attacks in just the first quarter of 2025.

These attacks include Cloudflare itself, whose infrastructure was targeted directly in 6.6 million attacks over an 18-day multi-vector campaign.
Link Markets
https://finance.yahoo.com/news/hackers-manipulate-markets-700-million-141234302.html

Link CloudFare
https://www.bleepingcomputer.com/news/security/cloudflare-mitigates-record-number-of-ddos-attacks-in-2025/

Roy Miehe | MspPortal Partners Inc. | Ceo/President

Security Software Distributor: Bitdefender , Barracuda, Phishing Simulation & Cyber Security Training

“Where Service and Technical Skills Count”

To all MSP’s,Resellers Vars’s and Distribotors (Called “MSP”) Read your EULA’s

To all MSP’s,Resellers Vars’s and Distributors (Called “MSP”)
Read your EULA’s
HAVE ALL MANUFACTURERS ADD ONE LINE TO THE AGREEMENT ADDRESSED TO YOUR FIRM (“Documentation ” Called “MFG”)

If a security breach is caused by the manufacturer..All agreements are nul and void immediately at the digression of the MSP.
Example Crowdstrike adding a bad sys file, that took down thousands of computers at on time via update distributed by Microsoft and Cloudfare.

Link
ClowdStrike EULA (https://www.crowdstrike.com/en-us/legal/software-terms-of-use/)

6. No Warranty.

6.1 Disclaimer. THE SOFTWARE AND ALL OTHER CROWDSTRIKE OFFERINGS ARE PROVIDED “AS-IS” AND WITHOUT WARRANTY OF ANY KIND. CROWDSTRIKE AND ITS AFFILIATES DISCLAIM ALL OTHER WARRANTIES, WHETHER EXPRESS, IMPLIED, STATUTORY OR OTHERWISE. TO THE MAXIMUM EXTENT PERMITTED UNDER APPLICABLE LAW, CROWDSTRIKE AND ITS AFFILIATES AND SUPPLIERS SPECIFICALLY DISCLAIM ALL IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT WITH RESPECT TO THE SOFTWARE AND ALL OTHER CROWDSTRIKE OFFERINGS. THERE IS NO WARRANTY THAT THE SOFTWARE OR ANY OTHER CROWDSTRIKE OFFERINGS WILL BE ERROR FREE, OR THAT THEY WILL OPERATE WITHOUT INTERRUPTION OR WILL FULFILL ANY OF SOFTWARE USER’S PARTICULAR PURPOSES OR NEEDS. THE SOFTWARE AND ALL OTHER CROWDSTRIKE OFFERINGS ARE NOT FAULT-TOLERANT AND ARE NOT DESIGNED OR INTENDED FOR USE IN ANY HAZARDOUS ENVIRONMENT REQUIRING FAIL-SAFE PERFORMANCE OR OPERATION. NEITHER THE SOFTWARE OR ANY OTHER CROWDSTRIKE OFFERINGS ARE FOR USE IN THE OPERATION OF AIRCRAFT NAVIGATION, NUCLEAR FACILITIES, COMMUNICATION SYSTEMS, WEAPONS SYSTEMS, DIRECT OR INDIRECT LIFE-SUPPORT SYSTEMS, AIR TRAFFIC CONTROL, OR ANY APPLICATION OR INSTALLATION WHERE FAILURE COULD RESULT IN DEATH, SEVERE PHYSICAL INJURY, OR PROPERTY DAMAGE. SOFTWARE USER AGREES THAT IT IS SOFTWARE USER’S RESPONSIBILITY TO ENSURE SAFE USE OF SOFTWARE AND ANY OTHER CROWDSTRIKE OFFERING IN SUCH APPLICATIONS AND INSTALLATIONS. CROWDSTRIKE DOES NOT WARRANT ANY THIRD PARTY PRODUCTS OR SERVICES.

6.2 No Guarantee. SOFTWARE USER ACKNOWLEDGES, UNDERSTANDS, AND AGREES THAT CROWDSTRIKE DOES NOT GUARANTEE OR WARRANT THAT IT WILL FIND, LOCATE, DISCOVER, PREVENT OR WARN OF, ALL OF SOFTWARE USER’S OR ITS AFFILIATES’ SYSTEM THREATS, VULNERABILITIES, MALWARE, AND MALICIOUS SOFTWARE, AND SOFTWARE USER AND ITS AFFILIATES WILL NOT HOLD CROWDSTRIKE RESPONSIBLE THEREFOR.

7. Limitation of Liability. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW CROWDSTRIKE SHALL NOT BE LIABLE TO SOFTWARE USER (UNDER ANY THEORY OF LIABILITY, WHETHER IN CONTRACT, STATUTE, TORT OR OTHERWISE) FOR: (A) ANY LOST PROFITS, REVENUE, OR SAVINGS, LOST BUSINESS OPPORTUNITIES, LOST DATA, OR SPECIAL, INCIDENTAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, EVEN IF CROWDSTRIKE HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES OR LOSSES OR SUCH DAMAGES OR LOSSES WERE REASONABLY FORESEEABLE; OR (B) AN AMOUNT THAT EXCEEDS IN THE AGGREGATE $100. THESE LIMITATIONS WILL APPLY NOTWITHSTANDING ANY FAILURE OF ESSENTIAL PURPOSE OF ANY REMEDY SPECIFIED IN THESE TERMS. MULTIPLE CLAIMS SHALL NOT EXPAND THE LIMITATIONS SPECIFIED IN THIS SECTION 7.

Roy Miehe | MspPortal Partners Inc. | Ceo/President

Security Software Distributor: Bitdefender , Barracuda, Phishing Simulation & Cyber Security Training

“Where Service and Technical Skills Count”

America’s biggest phone Carriers preparing to hike prices!!!

America’s biggest phone Carriers preparing to hike prices!!!
Brian Sozzi · Executive Editor
Fri, April 25, 2025 at 5:25 AM MST 3 min read

Verizon, AT&T, and T-Mobile prepare to raise prices on consumers because of Trump’s trade war. Personal opinion its just Corp Greed.
Suggestion Boost and Mint Mobile Wireless are much less expensive..Phones are not computers

The smartphone ecosystem has avoided the biggest brunt of President Trump’s tariffs, for now.

But if that for now ends, major phone carriers appear poised to dump the higher costs of smartphones onto the laps of consumers.

Trump earlier this month exempted smartphones and some other electronics from his reciprocal tariffs, though he left a 20% fentanyl tariff on China intact. The exemption could prove temporary, keeping the prospect of 145% tariffs on China (where Apple (AAPL) makes its iPhones in play.

With regards to Apple.. a phone is a phone the toys that Apple provides are not loss leader products..Apple made a choice to move manufacturing to China based upon my opiion pure greed to line there pocket books…

Article
(https://finance.yahoo.com/news/verizon-att-and-t-mobile-prepare-to-raise-prices-on-consumers-because-of-trumps-trade-war-122549340.html)