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Hong Kong arrests man over stock exchange hacking

posted onAugust 22, 2011
by l33tdawg

Hong Kong police said on Friday they had arrested a 29-year-old man over a cyber attack on the city's stock exchange website which halted trading in the shares of seven companies.

Police said they detained the man on Thursday, seizing five computers, two mobile phones and other items, a police spokesman told AFP.

"He is being investigated under the offence of access to a computer with criminal or dishonest intent," the spokesman said, adding that the man was being held for questioning. The bourse was hit last week by what it called a "malicious" attack which caused firms including banking giant HSBC and flag carrier Cathay Pacific to suspend trading for half a day.

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