Hong Kong securities brokers hit by cyber attacks, may face more: regulator

lock icon to represent cyber security

HONG KONG (Reuters) – Hong Kong’s securities regulator said brokers in the city had suffered cyber attacks and warned of possible further incidents across the industry.

Regulators in Hong Kong have been stepping up efforts over the past year to combat the growing menace of cyber attacks on companies. A survey in November showed the average number of such attacks detected by firms in mainland China and Hong Kong grew a whopping 969 percent between 2014 and 2016. [nL4N1DU35T]

In a circular to licensed firms late on Thursday, the Securities and Futures Commission (SFC) said it had been informed by the Hong Kong police that brokers had encountered so-called “distributed denial of service” (DDoS) attacks targeting their websites and received blackmails from criminals.

“The DDoS attacks have caused service disruption to the brokers for a short period. It is possible that similar cyber security incidents would be observed across the securities industry,” the SFC said in the notice.

Distributed denial of service (DDoS) attacks, among the most common on the Internet, involve cyber criminals using hijacked and virus-infected computers to target websites with data requests, until they are overwhelmed and unable to function.

The SFC urged firms in the financial center to implement protective measures, including reviews of the IT systems and DDoS mitigation plans.

(Reporting by Michelle Price; Editing by Himani Sarkar)

Typhoon Nida shuts Hong Kong, more than 150 flights canceled

Typhoon Nida uproots trees

HONG KONG (Reuters) – Typhoon Nida swept through Hong Kong on Tuesday, shutting down most of the financial hub and disrupting hundreds of flights with gale-force winds, while low-lying areas were put on flood alert.

Hong Kong’s first major typhoon this year brought gusts of more than 100 km per hour (62 mph) and prompted authorities to issue an amber warning, signifying heavy rain, at 5.20 a.m. Hong Kong time.

More than 150 flights were canceled, the Airport Authority said, with Cathay Pacific and Dragonair warning none of their flights would be operating until 2 p.m. at the earliest.

Thousands of passengers were stranded at the airport and about 325 flights are expected to be rescheduled.

The city’s ferry, tram and bus services gradually resumed in the afternoon after the Hong Kong Observatory lowered the tropical cyclone warning to 3 from 8, shortly after midday.

Trading in Hong Kong Exchanges and Clearing Limited (HKEx), including Shanghai-Hong Kong Stock Connect trading, and the derivatives market, would be suspended for the rest of the day.

The Chinese Gold and Silver Exchange Society suspended trading on Tuesday morning.

Streets had been largely deserted and shops shuttered since Monday evening when the typhoon signal 8 was hoisted, prompting many people to leave work early.

Nida was moving inland and winds near its center had showed signs of weakening, the Hong Kong Observatory said.

Across the border, part of Guangdong province closed offices, factories and schools as the typhoon swept across the southern part of the metropolis of Guangzhou.

Airports in the southern part of the province, including Shenzhen and Zhuhai, canceled most flights while more than 35,000 people were evacuated, state media reported.

Last month, Typhoon Nepartak drove at least 420,000 people from their homes and caused more than 7.1 billion yuan ($1.1 billion) in losses in China’s Fujian province alone.

(Reporting By Anne Marie Roantree; Additional reporting by Ben Blanchard in Beijing and Yimou Lee in Hong Kong; Editing by Michael Perry, Robert Birsel)

North Korean seeks refuge in South Korean consulate

A security officer blocks the entrance to the South Korean consulate inside an office building in Hong Kong

By Donny Kwok and Sharon Shi

HONG KONG (Reuters) – Security was tightened at the South Korean consulate in Hong Kong on Thursday after media reports that a North Korean, possibly a student, had sought refuge there.

The North Korean is understood to be a member of a delegation that attended an ­academic competition at a Hong Kong university two weeks ago, the South China Morning Post said, citing government sources in the Chinese-ruled city.

A student who assisted at a math olympiad held at the Hong Kong University of Science and Technology (HKUST) told Reuters the organizing committee of the competition asked for help on July 16 to track down an 18-year-old North Korean who had gone missing after the contest.

The student declined to be identified due to the sensitive nature of the issue. The organizing committee declined comment. The university could not be reached for comment.

North and South Korea remain technically at war, and the reports of a possible defection are bound to exacerbate tensions.

Uniformed and plainclothes police were patrolling around the office building near the heart of Hong Kong’s financial center where the South Korean consulate is located. Scores of reporters thronged the building.

Local government and consulate officials declined comment.

“We are aware of the report,” a spokeswoman from the Hong Kong police told Reuters, declining to comment further.

The 57th International Mathematical Olympiad was held at the HKUST on July 11-12. An all-male team of six took part from North Korea, according to the contest website. The team finished in 6th place.

South Korea’s foreign ministry declined comment on the media reports in Hong Kong. A ministry official said the South Korean government’s position was not to make any comments related to North Korean defectors, keeping in mind their safety and diplomatic relations with relevant countries.

China’s Foreign Ministry in Beijing also did not immediately respond to a request for comment.

Tensions between North and South Korea have been particularly high since the North’s fourth nuclear test in January. After an announcement by the South in April that 13 workers at a restaurant in China run by the North had sought asylum, Pyongyang said they were abducted by agents from the South.

Hong Kong is ruled by China under a “one country, two systems” formula that accords the former British colony a degree of autonomy and freedoms not enjoyed in mainland China.

In the early 2000s, there was a rash of cases of North Koreans seeking asylum at foreign missions in China, mostly in Beijing, where in some cases they scaled embassy walls and forced their way in.

North Korean defectors mostly come from the poorest parts of the destitute state and usually flee over the traditionally quite porous border with China.

They then seek passage to the South via a third country, or previously via embassies and consulates in China, because Beijing sees them as economic refugees and forcibly repatriates them to North Korea.

(Additional reporting by Lindsy Long in Hong Kong, Ben Blanchard in Beijing, Ju-min Park, Jack Kim and James Pearson in Seoul; Editing by Anne Marie Roantree and Raju Gopalakrishnan)

Most Germans fear terrorist attack after train ax assault: poll

German emergency services

BERLIN (Reuters) – More than three-quarters of Germans believe their country will soon be the target of terrorism, a survey showed on Friday, after a 17-year-old asylum-seeker wounded passengers on a train in an ax attack claimed by Islamic State.

Seventy-seven percent expect an attack to happen soon, up from 69 percent two weeks ago, according to the survey compiled by Forschungsgruppe Wahlen for broadcaster ZDF.

Bavarian police shot dead the teenager after he wounded four people from Hong Kong on the train and injured a local resident while fleeing.

German Interior Minister Thomas de Maiziere said investigations suggested he was a “lone wolf” who had been spurred into action by Islamic State propaganda.

The ax rampage came days after a Tunisian drove a truck into crowds celebrating Bastille Day in the French city of Nice, killing 84 in an attack also claimed by the jihadist group.

German Justice Minister Heiko Maas told Bild newspaper’s Friday edition that there was “no reason to panic but it’s clear that Germany remains a possible target”.

The survey of 1,271 respondents, which showed 20 percent do not expect an attack soon, was conducted during the three days following the train attack.

It also showed 59 percent think enough is being done to protect them from terrorism – almost twice as many as think they should be better protected.

(Reporting by Michelle Martin; editing by John Stonestreet)

Bird Flu Claims Another Life In Hong Kong

The H7N9 bird flu has claimed another victim in Hong Kong.

The death marks the third death in the city since the arrival of the virus from China.  The male victim, who has recently visited the Chinese city of Shenzhen, was admitted to the hospital less than 24 hours before he died.

The World Health Organization has been quietly using a new term when talking about transmission of the virus between humans.  Studies of cases in China show that it is possible to transfer the virus between people so the term “sustained human-to-human transmission” is being used meaning that they don’t see infections happening on a mass scale.

The changes have happened since the virus was spotted in both Taiwan and Hong Kong, raising fears the virus is making its way out of China toward emerging nations that are not ready to handle the deadly virus.

The H7N9 virus was discovered last week at a Hong Kong market resulting in the slaughter of 20,000 birds.

Second Bird Flu Case Confirmed In Hong Kong

Health officials in Hong Kong have quarantined 19 people after a second man has been found infected with the deadly H7N9 bird flu.

The latest case is an 80-year-old man who normally lives in the mainland China city of Shenzhen.

The man developed a fever and was taken to a hospital Friday where later tests revealed the deadly virus. Government officials then rounded up 19 people who had close contact with the elderly victim for testing and safety reasons.

According to sources, one of the 19 people had an “indeterminate” test meaning it’s possible they have been infected. The other 18 have tested negative.

Officials said they are investigating if the latest victim had contact with poultry while he was on the Chinese mainland. Investigators found no link between the latest victim and the first case discovered last week. That patient remains in critical condition.

The World Health Organization says that 138 human cases of H7N9 have been confirmed in China this year with 45 deaths.

Hong Kong Confirms First Bird Flu Case

Health officials in Hong Kong have announced confirmation of the country’s first case of H7N9 bird flu.

The announcement is a sign that the deadly virus is spreading beyond the borders of mainland China.

The announcement of the confirmed case comes on the 10th anniversary of the outbreak of SARS (Severe Acute Respiratory Syndrome) that killed 300 people in Hong Kong and seriously damaged the country’s travel and retail industry.

The 36-year-old H7N9 victim reportedly traveled to Shenzhen in mainland China and had contact with poultry during his visit. Officials say the patient is in critical condition in a Hong Kong hospital.