Security vulnerabilities were found in nearly all the 30 major online trading platforms investigated by Merrill Edge security consultant Alejandro Hernández . Of the 40 desktop applications, 16 mobile apps and 30 websites analysed, 30 the desktop applications transmitted some data unencrypted, while several mobile apps and some desktop applications stored passwords unencrypted or sent them in plain text. On some web platforms, logging out did not end the session on the server side. Well over half of the desktop applications Hernández examined, for instance, transmitted at least some data—things like balances, portfolios, and personal information—unencrypted. Meanwhile, some platforms allow users to create their own bots, but their common programming languages like C++ make them vulnerable to a backdoor attack.
Security vulnerabilities were found in nearly all the 30 major online trading platforms investigated by Merrill Edge security consultant Alejandro Hernández . Of the 40 desktop applications, 16 mobile apps and 30 websites analysed, 30 the desktop applications transmitted some data unencrypted, while several mobile apps and some desktop applications stored passwords unencrypted or sent them in plain text. On some web platforms, logging out did not end the session on the server side. Meanwhile, some platforms allow users to create their own bots, but their common programming languages like C++ make them vulnerable to a backdoor attack.