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August 19, 2011

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Hacking into HK bourse site alleged

HONG Kong police said yesterday they had arrested a businessman who allegedly hacked into the news website of the Hong Kong Exchanges and Clearing Ltd (HKEx), the world's biggest bourse operator by market value.

"With full cooperation of the IT department of the Hong Kong exchange, police swiftly obtained the relevant computer records for analysis," a police officer said.

The 29-year-old businessman was arrested on Thursday in Kwun Tong in Kowloon for committing an "offence of access to computer with dishonest or criminal intent," the officer said without giving further details.

The crime is subject up to five years' imprisonment.

The cyber attack led to a half-day trading suspension of several blue chip counters, such as HSBC Holdings Plc and HKEx itself, as well as hundreds of derivatives.

Police seized five computers, two cellphones and two digital storage devices

"The arrested person is now being detained." they said.



 

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