Taiwan Financial Platforms Hit by DDoS Attack, Prompting Security Concerns

Taiwanese financial institutions, including the stock exchange and Mega Financial Holding Co., experienced brief website outages on Thursday due to Distributed Denial of Service (DDoS) attacks. While the origin of the attacks remains unconfirmed by the government, some media outlets attributed them to a Russian group. Although DDoS attacks typically aim to disrupt rather than steal data, the incident highlights the vulnerability of Taiwan`s digital infrastructure, particularly given its importance in semiconductor production and its geopolitical significance as a potential point of conflict between the US and China. Taiwan has faced a rise in cyberattacks in recent years, further emphasizing the threat posed by such incidents.