KUALA LUMPUR: Malaysia's capital market regulators have received reports from a few brokers that there have been unauthorised access and trading activities in a limited number of clients' online trading accounts.
In a joint statement, the Securities Commission and Bursa Malaysia said the reports were received on Thursday, April 24, 2025, which also identified incidences of failed client logins.
In response, the regulators have advised brokers to immediately alert clients to reset their passwords and login credentials.
The brokers have also been instructed to implement additional security measures to enhance authentication such as implementing multi-factor authentication and stricter password policies.
ALSO READ:
"Capital market regulators and brokers are on alert and remain vigilant, while working closely to ascertain the root cause of the incident, and to implement any further necessary measures.
"We wish to assure all investors that the integrity of Malaysia’s capital market remains intact. The market will open as usual on 25 April 2025.
"Capital market regulators are committed to ensure the marketplace remains fair and orderly," said the statement.
