Feeds

Hack on Hong Kong Stock Exchange disrupts trading

'Malicious attack' keeps traders in dark

Secure remote control for conventional and virtual desktops

Hackers took down a website belonging to the Hong Kong stock Exchange, prompting Asia's third-largest securities exchange to suspend trading in the shares of London-based HSBC and six other companies.

“Our current assessment is that this is the result of a malicious attack by outside hacking,” HKEx Chief Executive Charles Li, said, according to The Financial Times. Li added it was unclear who the hackers were or what they hoped to gain from their actions.

“We're digging into that particular question right now,” he said.

The attack crashed a website that locally listed companies used to announce price sensitive news, the FT reported. HKEx responded by suspending trading of seven companies that were scheduled to make announcements during the lunch break. Among them was HSBC, which on Wednesday confirmed the sale of its US credit card business and retail services unit to Capital One Financial. Trading was also suspended for stocks of China Power International, Cathay Pacific, and HKEx itself.

HKEx is at least the second major exchange to be targeted by hackers this year. In February, Nasdaq admitted attackers planted malware on one of its portals. Nasdaq was quick to say that none of its trading systems were affected and no customer information had been accessed. HKEx officials gave almost identical assurances on Wednesday.

After the HKEx website came down, officials instructed market participants to use an older bulletin board to obtain announcements being released by listed companies. If the website isn't restored by market opening on Thursday, the stock exchange plans to rely on the legacy system again, but has no plans to suspend trading of any shares.

Additional coverage is here and here. ®

New hybrid storage solutions

More from The Register

next story
Google recommends pronounceable passwords
Super Chrome goes into battle with Mr Mxyzptlk
Infosec geniuses hack a Canon PRINTER and install DOOM
Internet of Stuff securo-cockups strike yet again
Snowden, Dotcom, throw bombs into NZ election campaign
Claim of tapped undersea cable refuted by Kiwi PM as Kim claims extradition plot
Reddit wipes clean leaked celeb nudie pics, tells users to zip it
Now we've had all THAT TRAFFIC, we 'deplore' this theft
Apple Pay is a tidy payday for Apple with 0.15% cut, sources say
Cupertino slurps 15 cents from every $100 purchase
YouTube, Amazon and Yahoo! caught in malvertising mess
Cisco says 'Kyle and Stan' attack is spreading through compromised ad networks
TorrentLocker unpicked: Crypto coding shocker defeats extortionists
Lousy XOR opens door into which victims can shove a foot
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.