KUALA LUMPUR – The Securities Commission (SC) and Bursa Malaysia are investigating reports of unauthorised trading activities and failed client logins involving several online trading accounts, following alerts from brokers.
In a joint statement, both institutions confirmed they received reports of the breach but assured investors that the integrity of Malaysia’s capital market remains intact, and trading will proceed as usual today.
Bursa is reviewing the reported irregularities after brokers flagged unusual transactions and possible unauthorised access to certain client accounts, according to reports.
Capital market regulators and brokers are now on high alert and are working closely to identify the root cause and implement the necessary safeguards, the statement said.
“Capital market regulators are committed to ensuring the marketplace remains fair and orderly,” said the bodies.
In order to minimise the risk of further unauthorised access or trading, both Bursa and SC have advised all brokers to immediately alert their clients to reset their passwords and login credentials to enhance the security of their accounts.
Additionally, both bodies have advised all brokers to implement additional security measures to enhance authentication, such as implementing multi-factor authentication and stricter password policies.
Bursa Malaysia opened higher this morning in tandem with positive Wall Street overnight performance, buoyed by encouraging corporate earnings, especially from Google’s parent company, Alphabet Inc, which came in higher than forecast.
At 9.10am, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 3.23 points to 1,509.75 from Thursday’s close of 1,506.52. – April 25, 2025