04 September 2015

Man jailed for Hong Kong exchange cyber-attack stunt

12 November 2012  |  6236 views  |  0 Hong kong modern building

A Hong Kong man who carried out a cyber-attack on the island's stock exchange in a publicity stunt designed to promote his company's anti-DDoS services has been jailed.

Tse Man-lai hit Hong Kong Exchanges and Clearing's HKExnews Web site with a DDoS attack last 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.

According to the South China Morning Post, Tse carried out the attack to promote his firm, Pacswitch Globe Telecom and a DDoS prevention method he claims to have invented.

Judge Kim Longley accepted the defence argument that Tse accessed the site only long enough to record photographs and video footage of his attacks, which he planned to use to market his services.

Tse has been convicted of two counts of obtaining access to a computer with criminal or dishonest intent and jailed for nine months.

KeywordsLEGAL

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board, sign up now.

Related blogs

Create a blog about this story (membership required)

Related stories

26 October, 2012
28 March, 2012
14 February, 2012
10 August, 2011
04 March, 2011

Related company news

 

Who is commenting?

Finextra Member Commented on: HSBC to rebrand Britsh...
Finextra Member Commented on: Zapp to use behavioura...

Top topics

Most viewed Most shared
Third of Brits expect day-to-day mobile pa...
8523 views comments | 40 tweets | 15 linkedin
UK boosts contactless limit to £30
5822 views comments | 31 tweets | 20 linkedin
PayPal rolls out personalised URLs for P2P...
5813 views comments | 34 tweets | 19 linkedin
Behold the contactless jacket
5615 views comments | 23 tweets | 18 linkedin
MasterCard extends startup search globally
5221 views comments | 14 tweets | 5 linkedin

Featured job

Excellent Salary and Company benefits package
London

Find your next job