Hong Kong bourse hit by 'malicious hacking'

Aug 10, 2011
Hong Kong stock exchange chief executive Charles Li talks to the media. The Hong Kong stock exchange said Wednesday its website had been hit by "malicious hacking", forcing trading in at least seven companies that issued price-sensitive information to be suspended.

The Hong Kong stock exchange said Wednesday its website had been hit by "malicious hacking", forcing trading in at least seven companies that issued price-sensitive information to be suspended.

Firms that were suspended from trade include blue-chips banking giant HSBC and Hong Kong flagship carrier Cathay Pacific, after the technical problems were reported on the bourse's website shortly after the midday break.

Charles Li, the stock exchange's chief executive, said initial investigation found had launched an attack on its website.

"We are working on it and hopefully we can bring it back online as soon as we can," he told a news conference later.

The exchange said its other systems were not affected and trading in its securities and derivatives markets continued to operate normally.

Companies that were suspended from included HSBC which announced the sale of its United States credit card and retail services business as part of an overhaul to streamline its global operations.

Cathay meanwhile reported its 2011 half-year earning results, with tumbling almost 59 percent compared to a year earlier.

Hackers attacked the Zimbabwe stock exchange website on Friday, forcing a shutdown of the site and hampering traders monitoring performance on the 79-company bourse.

Explore further: UK: Former reporter sentenced for phone hacking

add to favorites email to friend print save as pdf

Related Stories

Nasdaq hackers target service for corporate boards

Feb 06, 2011

(AP) -- Hackers broke into a Nasdaq service that handles confidential communications for some 300 corporations, the company said Saturday - the latest vulnerability exposed in the computer systems Wall Street ...

Lenovo buying back mobile phone business

Nov 27, 2009

(AP) -- Personal computer maker Lenovo Group said Friday it is joining the race to develop products that link phones and PCs by buying back a mobile phone business that it sold last year.

Recommended for you

UK: Former reporter sentenced for phone hacking

1 hour ago

(AP)—A former British tabloid reporter was given a 10-month suspended prison sentence Thursday for his role in the long-running phone hacking scandal that shook Rupert Murdoch's media empire.

Evaluating system security by analyzing spam volume

1 hour ago

The Center for Research on Electronic Commerce (CREC) at The University of Texas at Austin is working to protect consumer data by using a company's spam volume to evaluate its security vulnerability through the SpamRankings.net ...

Surveillance a part of everyday life

2 hours ago

Details of casual conversations and a comprehensive store of 'deleted' information were just some of what Victoria University of Wellington students found during a project to uncover what records companies ...

European Central Bank hit by data theft

2 hours ago

(AP)—The European Central Bank said Thursday that email addresses and other contact information have been stolen from a database that serves its public website, though it stressed that no internal systems or market-sensitive ...

Twitter admits to diversity problem in workforce

5 hours ago

(AP)—Twitter acknowledged Wednesday that it has been hiring too many white and Asian men to fill high-paying technology jobs, just like several other major companies in Silicon Valley.

Social Security spent $300M on 'IT boondoggle'

17 hours ago

(AP)—Six years ago the Social Security Administration embarked on an aggressive plan to replace outdated computer systems overwhelmed by a growing flood of disability claims.

User comments : 0