London Daily

Focus on the big picture.

Bankers' institute draws fire for handling of hacking, leak

Bankers' institute draws fire for handling of hacking, leak

Hong Kong's privacy watchdog yesterday slammed the Hong Kong Institute of Bankers for failing to protect the personal information of more than 113,000 people in a data leakage after the institute was held to ransom by hackers who got into six servers.
The Office of the Privacy Commissioner for Personal Data has also followed up on 2,128 cases of doxxing up till the end of last year since legislation criminalizing such behavior came into force in October 2021.

Commissioner Ada Chung Lai-ling said there were "serious deficiencies" within the institute in its handling of the matter and that it had violated the Personal Data Ordinance.

The hack occurred on December 30, 2021, when ransomware was used to block off the six servers containing personal data and the institute's computers and backup data.

The leaked data included names, contact information, titles, and names of employers of some 13,000 members and 100,000 non-members of the institute.

Some people even had their identity card and credit card numbers leaked.

An investigation by the watchdog found the institute failed to update its Secure Sockets Layer Virtual Private Network after purchasing the system in 2018, while the institute didn't enable multifactor authentication to enhance the security of the system.

"If it had enabled multifactor authentication, it will not be so easy for the hacker to get access," Chung said.

"We have urged the institute to enhance the security of its data management system to prevent similar incidents from happening again," she added.

The office has served an enforcement notice, directing the institute to remedy and prevent a recurrence.

The watchdog received a total of 3,848 complaints last year, up 15 percent, with more than half involving doxxing allegations.

"It is because we have carried out a series of promotional and publicity and educational activities in relation to the new anti-doxxing regime," Chung said.

She said 95 percent of the complaints were about private organizations or individuals, while the rest were targeted at public organizations or government departments.

Under the new law, the office is empowered to carry out criminal investigations, institute prosecutions and issue cessation notice to stop doxxing.

Chung said the office handled 2,128 doxxing cases last year, and initiated 114 criminal probes, with 32 cases referred to the police for further follow-up actions.

A total of 12 arrests were made as of December 31, with five people having been charged.

Three of them were convicted as of so far this month, with one sentenced to eight months, while the rest are still winding their way through the legal process.

A total of 1,500 cessation notices to 26 online platforms were issued, requesting the removal of 17,703 doxxing messages, with a compliance rate of over 90 percent.
Newsletter

Related Articles

London Daily
0:00
0:00
Close
Congo Army Thwarts Attempted Coup Involving Americans and a British Citizen
Ireland's Homeless Gain Voting Rights
Blinken orders crackdown on Israel-Hamas leaks
Julian Assange Faces US Extradition: Key Facts
Jacob Zuma Takes Campaign to ANC Stronghold Soweto
Attempted Assassination of Slovakia PM Robert Fico: Investigation Ongoing
What Happens If an Iranian President Dies in Office?
Spain Recalls Ambassador After Argentina President's Remarks
Rishi Sunak Faces Cabinet Backlash Over Proposed Changes to Foreign Student Visas
Rwanda Denies Entry to Human Rights Researcher
Iranian President Ebrahim Raisi Reportedly Killed in Helicopter Crash
Blue Origin Resumes Space Tourism with 90-Year-Old Ed Dwight
Rishi Sunak and Wife Akshata Murty Wealthier Than King Charles
New Dutch Government Drives Wedge Through EU Liberals
Iranian President Raisi Missing After Helicopter Goes Down
Freemasons and ‘Global War Party’ Accused of Conspiring Against Georgia
Poland Supports Rolls-Royce's Nuclear Power Plant Initiative
European Ports Overflow with Unsold Electric Vehicles
Esprit Files for Bankruptcy in Europe, Putting Hundreds of Jobs at Risk
Chevron Halts North Sea Drilling Amid Rising Tax Burden
Jeremy Hunt Accused of Exaggerating Conservatives' Economic Record
Victoria Atkins Discusses Historical Gender Bias in the NHS
Dublin and Monaghan Bombings 50th Anniversary: Calls for Justice
Rishi Sunak and Akshata Murty’s Wealth Rises to £651 Million
New Caledonia Riots Escalate After French Voting Rights Change
Renters Face Fierce Competition as Listing Times Shrink
Surge in Fake Science: 19 journals shut down due to fraudulent papers from 'paper mills'
Global Birthrates Decline, Raising Economic and Social Concerns
Boeing Faces Possible Prosecution Over 737 MAX Settlement Violation
Prisoner Escapes in France as Two Officers Killed in Van Ambush
German Court Rules AfD Can Be Monitored for Extremism
Jacob Rees-Mogg Criticizes Bank of England’s Inflation Strategy
Prince Harry and Meghan Markle Promote Invictus Games in Nigeria
UK Arms Ban on Israel Would Aid Hamas, Says Cameron
US Regulators Probe Credit Card Reward Schemes
Labour Vows to End Rwanda Deportation Scheme/Scam
Exonerated Andrew Malkinson Faces Hardship Awaiting Compensation
India Poised to Surpass Japan as 4th Largest Economy
UN General Assembly Approves Palestinian Membership Bid
Biden to Impose Tariffs on Chinese Electric Vehicles
Cyberattack Disrupts Major US Healthcare Network
McDonald's Introduces $5 Meal Deal to Attract Customers
Protesters Attempt to Storm Tesla's German Factory
The United Kingdom reports it has emerged from recession
Teens Forming Friendships with AI Chatbots
WhatsApp Rolls Out Major Redesign
Neuralink's First Brain Implant Experiences Issue
Apple Unveils New iPad Pro with M4 Chip, Misleading AI Claims
OpenAI to Announce Google Search Competitor
Apple Apologizes for Controversial iPad Pro Ad Featuring Instrument Destruction
×