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VPS Recommendations

  #17 (permalink)

NC, USA
 
Trading Experience: None
Platform: None Yet
Favorite Futures: Guitar
 
MrYou's Avatar
 
Posts: 403 since Jun 2011
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Jura View Post
But how about the security of a VPS? For example, some companies (like Sam's) offer VPS custom tailored to traders, but isn't that a big "present/gift" to hackers? I mean, if you're a hacker and want to steal money from live trading accounts, install market manipulative bots, or steal trading algorithms, you "just" need to target such a company.

Edit: Of course it's true they can also hack my home pc, but it's much harder to determine (I suppose) for an outside person that my home pc is a trading pc. Plus it might not be rational for a hacker to search for trading pc's in this way (i.e. a too low yield for his time/effort).

Those who hack for profit are going to go after targets that involve the least amount of work with the most profitable gain.


So look at it this way...

Does it make more sense for a for profit hacker to spend hours on end probing trading companies servers for vulnerabilities or does it make more sense for a hacker to quickly build a spoof/phishing solution that targets customers of a specific company (whether it be a trading company or bank, etc.)? Its the latter because social hacking is much easier than technical hacking.

For example, someone could quickly build a website that spoofs a bank or trading companies customer login page and send out an email to hundreds of thousands of those customers stating something like: "Important message from Your Trading/Bank Provider. Please login right away to eliminate your account from being disabled!". Many people will not verify or question the source of this email if it "looks legit enough" and will quickly attempt to login to the fake site and probably receive an "innocent" server error page or "thank you for verification" page and never realize they just provided their login credentials to a hacker.

Yes it's important that hosting companies and their customers ensure their machines are patched regularly and limit browser usage on these machines, ie. no surfing porn/questionable content sites, but I would be more concerned about phishing attempts or browser vulnerabilities. Both of which are more widely cast nets.

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