The Australian Securities and Investments Commission (ASIC) is warning online traders to review their account security after a wave of account hacks. During its regular surveillance ASIC became aware of “several stockbroking account intrusions involving unauthorized access and trading”.
ASIC is working with online brokerage firms to help affected customers, and with authorities to find the source. In the meantime, anyone with an online account should check their transaction history and bank accounts, change their passwords, and make sure their anti-virus software is current. If any unauthorized trading is suspected, contact your broker ASAP.