29 Years Old Guy Arrested In Honk Kong City Stock Exchange Site Hacking Case


Honk Kong police have arrested a 29-year old man following a cyber attack on the city’s stock exchange website. The attack, the second in two days, halted the trading of shares in seven different companies. According to spokesperson for the police, five personal computers and two mobile phones were among the items seized when the man was arrested. “He is being investigated under the offence of access to a computer with criminal or dishonest intent,” the spokesman said, adding that the man was being held for questioning. The firms hit by the “malicious” attack, which caused them to stop trading for half a day, included banking giant HSBC and airline Cathay Pacific.
The website of the Hong Kong bourse, the world’s most valuable exchange operator, displays listed companies’ regulatory filings. The bourse said it had to suspend the trading to ensure investors had equal access to the filings. The exchange had said its other systems were not affected and trading in its securities and derivatives markets were operating normally.

-News Source (Meme Burn)

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