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KSE to hire information security expert
From: InfoSec News <alerts () infosecnews org>
Date: Mon, 17 Mar 2014 07:29:05 +0000 (UTC)


By Shahid Shah
The News
March 14, 2014

KARACHI: The Karachi Stock Exchange (KSE) is hiring the chief information security officer to ensure security of data, official sources said on Thursday.

They said four candidates have already been shortlisted for the position. The acting CISO is conducting interviews of the candidates.

The sources said the decision was taken after the managing director of the KSE had received an email in July last year, which alleged that some officials of its Information Technology department were involved in data leakage. This newspaper had reported the issue even before the above-mentioned email.

The email shot from an unknown source stated that some people had access to highly confidential data of buying and selling of shares.

Consequently, the board of directors constituted an internal audit committee and initiated an enquiry against this, which caused expulsion of four employees of IT department, while a general manager of the department was sent on forced leave in August 2013.

The KSE had hired an independent forensic consultant Sidat Hyder Morshed Associate to investigate the highly sensitive matter and inspect the computers of the IT department.


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