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Israeli Investment Giant Meitav's Stock Dives After Large-Scale Cyberattack

Summary by Bne IntelliNews
Credit: CC: Meitav Investment HouseMeitav, Israel's largest investment house, saw its shares plummet after a weekend cyberattack sought to extract the personal and banking details of thousands of investors from the platform.

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Over the weekend, an attempt was made to hack into thousands of accounts of the securities trading company, by sending text messages containing a one-time verification code. Meitav Trade emphasized that access to customers' funds and accounts was not possible, but personal details of a few individual customers were leaked.

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Meitav Trade has reported that an attempted intrusion was detected following an exposure of an external vendor's API. No damage was reported to customer funds or trading systems, but personal details of approximately 3,000 customers were exposed. The post Meitav Trade reports to the stock exchange an attempted intrusion into customer accounts at the investment house; the company's stock responds by falling appeared first on JDN.

About 3,000 Meitav Trade customers received text messages with a verification code they did not request, and an investigation revealed that personal information of a number of individual customers was extracted. The company clarifies: No access was made to funds and trading accounts

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Globes broke the news on Tuesday, September 29, 2026.
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