On Thursday, Taiwan Stock Exchange website was reportedly crashed by pro-Russian hackers, according to local media reports.

On Thursday, Taiwan Stock Exchange website was reportedly crashed by pro-Russian hackers, according to local media reports.
On Thursday, Taiwan Stock Exchange website was reportedly crashed by pro-Russian hackers, according to local media reports.
  • At 3 p.m. Taiwan time, the stock exchange reported that a large number of foreign IPs launched invalid queries on its network, causing unstable service for a brief period. The service resumed normal operation at 3:22 p.m.
  • A pro-Russian hacker group carried out a DDoS attack on the Taiwanese government in response to comments made by President William Lai, according to local media reports.

Local media reports indicate that pro-Russian hackers crashed the Taiwan Stock Exchange website on Thursday.

The stock exchange experienced "unstable service" at 3 p.m. Taiwan time due to a "large number of foreign IPs launching invalid queries."

The securities market and related businesses are operating normally without any impact. Taiwan's markets closed at 1:30 p.m. local time.

The Taiwanese government was targeted by a pro-Russian hacker group in a distributed denial of service (DDoS) attack, according to local media reports.

According to reports, the attack aimed at Taiwanese government and financial institutions, including airports and tax offices.

Radware stated that the attack was a response to remarks made by Taiwanese President William Lai, as reported by the Taipei Times.

Lai stated in an interview on Sept. 1 that China's claims on Taiwan are aimed at altering the international order and gaining dominance in the Western Pacific, rather than merely asserting territorial rights.

Taiwan is considered part of China's territory, and China has not renounced the use of force against the island.

Lai stated that its true objective is to attain dominance in the international sphere, specifically in the Western Pacific region.

Lai questioned why, if territorial integrity is the issue, they don't reclaim the land that Russia took and occupied under the Treaty of Aigun.

Russia is currently at its weakest, as per the Treaty of Aigun, you, China, had the option to reclaim the land, but you chose not to.

The 1858 Treaty of Aigun saw the Qing dynasty relinquish approximately 600,000 square kilometers of land in Manchuria to the Russian Empire.

The Qing dynasty initially declined to ratify the treaty until the cessation was confirmed in the 1860 Convention of Peking, which China views as one of many "unequal treaties."

In 1895, Taiwan was ceded to Japan in the "unequal treaty" known as the Treaty of Shimonoseki, before being placed under the control of the Republic of China in 1945 after World War II.

by Lim Hui Jie

Markets