Feeds

Hong Kong police cuff suspect in stock market attacks

Crashed website disrupted trading

Combat fraud and increase customer satisfaction

Police have arrested a man they say is connected to a website attack earlier this month that disrupted trading on the Hong Kong Stock Exchange.

Officers investigating the August 10 attack for the Hong Kong Police's Technology Crime Division of Commercial Crime Bureau arrested the 29-year-old man late last week, they said in a brief statement. He was arrested for “Access to Computer with Dishonest or Criminal Intent."

The attack crashed an HKEx website that locally listed companies use to announce price sensitive news. HKEx, which is Asia's third-biggest securities exchange, responded by suspending trading of at least seven companies that were scheduled to make announcements during that day's lunch break. A smaller attack broke out the following day.

Police arresting the unnamed suspect from Kwun Tong also seized 17 sets of computers, two mobile phones and five digital storage devices. He faces up to five years in prison. ®

SANS - Survey on application security programs

Whitepapers

Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.