EBK SOFTWARE ENGINEERING
EBK SOFTWARE ENGINEERING
10th Edition
ISBN: 8220101455970
Author: SOMMERVILLE
Publisher: PEARSON
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Chapter 13, Problem 13.7E

Explanation of Solution

Attacks on equity trading system:

In the equity trading systems, user accounts and equity prices are replicated across servers so that orders can be placed making use of user account database, a price database and an order transaction database.

Some of the attacks that can happen to equity trading system and the stratergies to counter them are:

  • Attack in which a malicious user gains access to the system using accredited user credentials and then malicious orders are placed and stock is bought and sold.

    The strategy to counter attack is mentioned below:

    • Resistance: In order to place an order a dealing password is required which must be different from login password.
    • Recognition: One can send a copy of order by email to authorized user with contact phone number and maintain user’s order history and unusual trading patterns...

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