This morning hackers brought down the Hong Kong stock exchange’s website. Trading of several major companies including HSBC, Hong Kong Exchanges and Cathay Pacific Airways Ltd were suspended after investors were deprived access to important announcements on the website.
Hong Kong Exchanges and Clearing Ltd Chief Executive Officer Charles Li stated:
“Our current assessment is that this is the result of malicious attack by outside hacking.”
The suspension of trading was part of a contingency plan designed to ensure fair distribution of information. This attack is the latest in a series of attacks on high profile targets which include Sony, Fox, Citi Group the NasDaq.
It seems as if 2011 has been something of a watershed for hacking activity. There has been an exponential increase in the amount and scale of cyber attacks and cyber security is an issue that should be a top priority for every board.
The best place to start is to conduct a penetration test to check the levels of security of your network and systems. By conducting a penetration test you can quickly identify the weaknesses you have and create a clear plan of actions required to ensure that networks and applications are genuinely secure.
At IT Governance we offer a range of penetration packages, designed to provide a complete solution for your organisation.
Cyber security is a real and present issue for every organisation that operates on line.
Call us on + 44 845 070 1750 or email us to discuss your penetration testing requirements.