Hong Kong stock exchange (HKEx) website hacked result it impacts trades !!!!!

[INDRANIL]

The Hong Kong stock exchange (HKEx) halted trading this afternoon for seven stocks after its website was hacked during the morning trading session.The seven stocks in question were all due to release sensitive results to the website that could impact the price of their stocks.

Although the Hong Kong stock exchange also operates an alternative backup site for posting the results, it chose to halt trading of the affected stocks for the afternoon session.

Stocks affected included HSBC, Cathay Pacific, China Power International and the Hong Kong exchange itself.

It is unclear at this point whether the attack actually compromised the site, or if it was merely a denial of service attack.

Charles Li, the Chief Executive of the exchange said that the hack only impacted the website and no systems involved in trading or financials were impacted.

The systems responsible for trading are not hooked up to the internet, which should provide an additional degree of protection.

It was refreshing to see Mr. Li not blame the attacks on ueber-sophisticated, foreign, advanced ninja hackers, but rather state the facts and explain what the exchange is doing to ensure the integrity of the market.

Have a nice day .

More and Source .

[Raymond]

I guess now big websites will need to employ a security firm or a permanent security staff to take care of the security of their servers 24/7.

[Bearcat]

What I would love to see, is a DDOS attack that would take the New York Stock Exchange down, just as these "chicken little " large institutional traders were getting ready to set off another wave of selling. Now wouldn't that cause some panic on Wall Street!

[INDRANIL]

Hmm well said Bearcat . Agree with you Ray but in recent days it quite impossible to predict the attacks originated by some punks. Few weeks ago I was reading that security firms they called strike some thing like that. They need more than 3 or 5 . Finger crossed .

[Neo]

Now, its becoming so common to see big companies and organization getting hacked.
Good days for security people , rise in demand would mean rise in salary ... although the recent economy disaster is on its way

[Raymond]

Becareful of using the word "script kiddies" because you may accidentally offend them.
If you've read the GRC DDoS report, then you'll know what I mean.

[INDRANIL]

Hmm going thank you for the heads up .

[JayCub]

Becareful of using the word "script kiddies" because you may accidentally offend them.
If you've read the GRC DDoS report, then you'll know what I mean.

This is something i strongly agree with, please take note of Raymonds reply..........