Hong Kong police make arrest over stock exchange hack

Hong Kong police make arrest over stock exchange hack

Hong Kong police have arrested a man in connection with a cyber-attack earlier this month on the Island's stock exchange.

Hong Kong Exchanges and Clearing's HKExnews Web site was hit by a hacker on 10 August, leaving investors unable to access price sensitive company announcements.

The bourse was forced to halt trading in eight companies - including HSBC - and adopted a half day suspension policy for issuers which announced price sensitive information.

Officers from the technology crime division of the commercial crime bureau launched an investigation and have now arrested an unnamed 29 year old man for 'access to computer with dishonest or criminal intent'.

They also seized 17 sets of computers, two mobile phones and five digital storage devices that are now undergoing forensic examination.

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