Hackers said to hit website of HK Exchanges
Source: Bloomberg News |
August 11, 2011, Thursday
|
Print Edition
Print Edition
HONG Kong Exchanges & Clearing Ltd's website may have been attacked by hackers, its Chief Executive Officer Charles Li said yesterday.
Trading of companies, including HSBC Holdings Plc, Hong Kong Exchanges and Cathay Pacific Airways Ltd, was suspended yesterday after documents sent to the website may not have been published because of disruptions caused by the attack, Li said at a press conference scheduled to announce a 14 percent increase in first-half earnings.
It isn't the first time the website of the world's largest bourse by market value has been attacked and Hong Kong's Securities and Futures Commission has been informed, Li said.
"Our current assessment is that this is the result of malicious attack by outside hacking," Li said. "We are working on it."
Hong Kong Exchanges joins a growing list of large companies, including Sony, Citigroup, Google and Nasdaq OMX Group, as well as institutions such as the International Monetary Fund and Group of 20, that have been targeted by hackers. In March, the US National Security Agency was reported to have joined an investigation of an October attack on Nasdaq OMX.
"Globally, there has been an increase in hacking attacks recently," said Charles Mok, who heads the Hong Kong division of the Internet Society, an international standard-setting group. "Attackers are aiming at higher-profile targets, such as Sony and major financial organizations."
Companies that distributed price-sensitive information, including announcements regarding earnings and major acquisitions, after 12pm were halted for half a day to give investors time to locate announcements, the Hong Kong exchange said in a statement.
Trading in the bourse's securities and derivatives markets continued normally and other systems weren't affected, it said.
Trading of companies, including HSBC Holdings Plc, Hong Kong Exchanges and Cathay Pacific Airways Ltd, was suspended yesterday after documents sent to the website may not have been published because of disruptions caused by the attack, Li said at a press conference scheduled to announce a 14 percent increase in first-half earnings.
It isn't the first time the website of the world's largest bourse by market value has been attacked and Hong Kong's Securities and Futures Commission has been informed, Li said.
"Our current assessment is that this is the result of malicious attack by outside hacking," Li said. "We are working on it."
Hong Kong Exchanges joins a growing list of large companies, including Sony, Citigroup, Google and Nasdaq OMX Group, as well as institutions such as the International Monetary Fund and Group of 20, that have been targeted by hackers. In March, the US National Security Agency was reported to have joined an investigation of an October attack on Nasdaq OMX.
"Globally, there has been an increase in hacking attacks recently," said Charles Mok, who heads the Hong Kong division of the Internet Society, an international standard-setting group. "Attackers are aiming at higher-profile targets, such as Sony and major financial organizations."
Companies that distributed price-sensitive information, including announcements regarding earnings and major acquisitions, after 12pm were halted for half a day to give investors time to locate announcements, the Hong Kong exchange said in a statement.
Trading in the bourse's securities and derivatives markets continued normally and other systems weren't affected, it said.
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