Science & Tech · Cybersecurity · 2 hrs ago

Monex Securities pauses new account openings after access attempts

Monex Securities pauses new account openings after access attempts

Monex Securities has temporarily stopped new account openings for its securities trading accounts.

The pause, announced on October 20, affects applications through the company’s website and app.

The company found signs of attempted access to a part of its account-opening system managed by an outside provider.

It said the suspension was a precaution and has not said that customer information was accessed.

A specialist team is investigating and checking system safety, and the company has not given a date for restarting applications.

The move comes after another Japanese brokerage, Iwai Cosmo Securities, reported unauthorized access that led to customer information being leaked and unwanted trades in some accounts.

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