Beautiful Virgin Islands

Sunday, May 11, 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
Trump fires director of U.S. Copyright Office, sources say
Retired British police officer arrested over ‘thought crime’ tweet
Cardinal Robert Prevost Elected as Pope Leo XIV, Marking a Historic Papacy
Newark Mayor Ras Baraka Arrested at ICE Facility Amid Congressional Visit
India-Pakistan conflict may be first test for Chinese military tech
Bill Gates Announces Plan to Wind Down Philanthropic Foundation and Disperse Wealth
Historic Papal Conclave Set to Commence in Rome
Huge Copper, Gold, and Silver Discovery in Argentina and Chile — But the Profits Go Abroad
Prince Harry is pleading for reconciliation — but the royals are just as sick of his victimhood as everyone else
The Road to Freedom: She Protested Putin, Escaped House Arrest, and Survived a 2,800-Kilometer Journey
OpenAI's Flip-Flop: No Longer Going Commercial, Back to Nonprofit, After Musk Lawsuit and Backlash
“Trump Supporter” Aims to Bring a MAGA-Style Shift to Romania
First From China: Zhao Xintong Wins the Snooker World Championship
Nvidia Faces Billion-Dollar Losses – Warns: China Is on Its Way to Becoming an AI Superpower
Trump Rules Out Third Term, Names JD Vance and Marco Rubio as Potential Successors
Mexico Says ‘No’ to U.S. Troops: President Sheinbaum Rejects Trump’s Offer to Fight Cartels
Nigel Farage’s Reform UK Storms the Map, Wrecking the Two-Party Monopoly
DOGE: Reimagining Government Operations with AI
Common Sense Returns to Britain's Legal System: UK Supreme Court Declares a Woman Is… a Woman
Beijing Says U.S. Is ‘Reaching Out’ for Tariff Talks Amid Soaring Trade Tensions
U.K. Court Rejects Prince Harry’s Final Appeal Over Police Security
Prince Harry’s Heartfelt Outburst Rocks the Royal Family
Trump Shares AI-Generated Image of Himself as… Pope, Prompting Outrage Reaction
Transgender Swimmer Secures Five Gold Medals at U.S. Masters Championship
Prince Harry: “I Want Reconciliation with My Family”
Germany's Alternative für Deutschland (AfD) party has now been officially labeled “right-wing extremist” by the federal office for the so-called “protection of the constitution.”
Amazon Launches Satellite Internet Service Amidst Competition with SpaceX
Transformative Changes in Women's Wrestling: The Rise of WWE Superstars
The Rush to the White Gold: Global Investment Surge in Natural Hydrogen Exploration
This is a day in Spain without electricity and internet
Reform UK Surprises in British Elections, Challenging Traditional Two-Party System
180-Year-Old Christian University in South Carolina Announces Closure Due to Unmet $6 Million Fundraising Goal
Brazilian Woman Jailed for Fourteen Years for Writing “You Lost, Idiot” on Statue During Protest
Trump Administration Removes National Security Adviser Mike Waltz Amid Signal Chat Controversy
Dutch Politician Eva Vlaardingerbroek Receives Spyware Threat Alert from Apple
Paramount Board Considers Settlement in Trump’s $20 Billion Lawsuit Over "60 Minutes" Interview
U.S. Economy Shrink in Trump’s First Quarter as Tariff Policy Raises Questions
Deadline Looms for RTS Meter Replacement: Hundreds of Thousands at Risk of Heating Disruption
Sweden Grapples with Deadly Gun Violence: Suspect Arrested After Three Young Men Killed in Uppsala Hair Salon
Walz Reveals Why Harris Chose Him as Her Running Mate and Reflects on Democratic Losses
Spain Restores Power After Unprecedented Nationwide Blackout
Carney Secures Liberal Mandate in Canada’s Federal Election
Death Penalty Sought as Luigi Manion Pleads Not Guilty in CEO Murder Case
President Trump contacts Jeff Bezos after reports of Amazon considering listing tariff surcharges; company clarifies no such plan for main platform
Spain and Portugal Recover from Massive Blackout
Liverpool Clinches Record-Equalling 20th English League Title Under Arne Slot
Singapore Politicians Warn Against Foreign Interference in Election
Driver Ploughs into Vancouver Festival Crowd, Killing Nine
Depression, Fear of Defamation, and a Tragic End: New Details on Virginia Giuffre’s Suicide
“Sharia for UK, Allah Akbar!”
×