Beautiful Virgin Islands

Friday, Nov 07, 2025

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

Beautiful Virgin Islands
0:00
0:00
Close
On the Road to the Oscars? Meghan Markle to Star in a New Film
A Vote Worth a Trillion Dollars: Elon Musk’s Defining Day
AI Researchers Claim Human-Level General Intelligence Is Already Here
President Donald Trump Challenges Nigeria with Military Options Over Alleged Christian Killings
Nancy Pelosi Finally Announces She Will Not Seek Re-Election, Signalling End of Long Congressional Career
UK Pre-Budget Blues and Rate-Cut Concerns Pile Pressure on Pound
ITV Warns of Nine-Per-Cent Drop in Q4 Advertising Revenue Amid Budget Uncertainty
National Grid Posts Slightly Stronger-Than-Expected Half-Year Profit as Regulatory Investments Drive Growth
UK Business Lobby Urges Reeves to Break Tax Pledges and Build Fiscal Headroom
UK to Launch Consultation on Stablecoin Regulation on November 10
UK Savers Rush to Withdraw Pension Cash Ahead of Budget Amid Tax-Change Fears
Massive Spoilers Emerge from MAFS UK 2025: Couple Swaps, Dating App Leaks and Reunion Bombshells
Kurdish-led Crime Network Operates UK Mini-Marts to Exploit Migrants and Sell Illicit Goods
UK Income Tax Hike Could Trigger £1 Billion Cut to Scotland’s Budget, Warns Finance Secretary
Tommy Robinson Acquitted of Terror-related Charge After Phone PIN Dispute
Boris Johnson Condemns Western Support for Hamas at Jewish Community Conference
HII Welcomes UK’s Westley Group to Strengthen AUKUS Submarine Supply Chain
Tragedy in Serbia: Coach Mladen Žižović Collapses During Match and Dies at 44
Diplo Says He Dated Katy Perry — and Justin Trudeau
Dick Cheney, Former U.S. Vice President, Dies at 84
Trump Calls Title Removal of Andrew ‘Tragic Situation’ Amid Royal Fallout
UK Bonds Rally as Chancellor Reeves Briefs Markets Ahead of November Budget
UK Report Backs Generational Smoking Ban Ahead of Tobacco & Vapes Bill Review
UK’s Domino’s Pizza Group Reports Modest Like-for-Like Sales Growth in Q3
UK Supplies Additional Storm Shadow Missiles to Ukraine as Trump Alleges Russian Underground Nuclear Tests
High-Profile Broodmare Puca Sells for Five Million Dollars at Fasig-Tipton ‘Night of the Stars’
Wilt Chamberlain’s One-of-a-Kind ‘Searcher 1’ Supercar Heads to Auction
Erling Haaland’s Remarkable Run: 13 Premier League Goals in 10 Matches and Eyes on History
UK Labour Peer Warns of Emerging ‘Constituency for Hating Jews’ in Britain
UK Home Secretary Admits Loss of Border Control, Warns Public Trust at Risk
President Trump Expresses Sympathy for UK Royal Family After Title Stripping of Prince Andrew
Former Prince Andrew to Lose His Last Military Title as King Charles Moves to End His Public Role
King Charles Relocates Andrew to Sandringham Estate and Strips Titles Amid Epstein Fallout
Two Arrested After Mass Stabbing on UK Train Leaves Ten Hospitalised
Glamour UK Says ‘Stay Mad Jo x’ After Really Big Rowling Backlash
Former Prince Prince Andrew Faces Possible U.S. Congressional Appearance Over Jeffrey Epstein Inquiry
UK Faces £20 Billion Productivity Shortfall as Brexit’s Impact Deepens
UK Chancellor Rachel Reeves Eyes New Council-Tax Bands for High-Value Homes
UK Braces for Major Storm with Snow, Heavy Rain and Winds as High as 769 Miles Wide
U.S. Secures Key Southeast Asia Agreements to Reshape Rare Earth Supply Chains
US and China Agree One-Year Trade Truce After Trump-Xi Talks
BYD Profit Falls 33 % as Chinese EV Maker Doubles Down on Overseas Markets
US Philanthropists Shift Hundreds of Millions to UK to Evade Regulatory Uncertainty in Trump Era
Israeli Energy Minister Delays $35 Billion Gas Export Agreement with Egypt
King Charles Strips Prince Andrew of Titles and Royal Residence
Trump–Putin Budapest Summit Cancelled After Moscow Memo Raises Conditions for Ukraine Talks
Amazon Shares Soar 11% as Cloud Business Hits Fastest Growth Since 2022
Credit Markets Flooded with More Than $200 Billion of AI-Linked Debt Issuance
U.S. Treasury Secretary Scott Bessent Says China Made 'a Real Mistake' by Threatening Rare-Earth Exports
Report Claims Nearly Two Billion Dollars in Foreign Charity Funds Flowed into U.S. Advocacy Groups
×