Thousands Affected By Institute Of Bankers Data Leak

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2023-02-09 HKT 16:14

Share this story

facebook

  • Thousands affected by Institute of Bankers data leak

The Office of the Privacy Commissioner for Personal Data said on Thursday that it has issued an enforcement notice to the Hong Kong Institute of Bankers, following a data leak that affected more than 13,000 members and about 100,000 non-members.

Speaking at a press conference, the watchdog said people’s personal information was leaked in December 2021, following a ransomware attack on six of the institute’s servers.

The Privacy Commissioner, Ada Chung, said there were “serious deficiencies” with the institute’s handling of the matter, adding that it had violated the Personal Data Ordinance.

"The Institute did not enable the multi-factor authentication for the VPN to enhance system security. If it had enabled multi-factor authentication, it will not be so easy for the hacker to get access to the system," she said.

Chung urged organisations to conduct regular risk assessments and enhance information systems management to prevent similar attacks.

Meanwhile, Chung said the watchdog has received a surge in doxxing complaints since the relevant laws came into effect in late 2021.

It said it received 3,848 complaints last year, up 15 percent from 2021. More than half of the cases were doxxing-related.

"It is because we have carried out a series of promotion and publicity and educational activities in relation to the new anti-doxxing regime. As a result, we believe members of the public have a better sense," she said.

Chung said 95 percent of the complaints were about private organisations or individuals, while the rest were targetted at public organisations or government departments.

RECENT NEWS

HashKey Lists On Hong Kong Exchange

HashKey listed on the Main Board of The Stock Exchange of Hong Kong Limited, becoming the first digital asset company t... Read more

North Korea Linked To Over Half Of 2025 Crypto Heist Losses

TRM has published new research showing that North Korea-linked actors were responsible for more than half of the US$2.7... Read more

South Korea Forms Task Force After Coupang Data Breach

The South Korean government announced on Thursday (19 December) that it will establish an interagency task force to add... Read more

Is Hong Kongs Default Life Insurance Choice A Wealth Drain?

Hong Kong is a city that takes financial security seriously, boasting one of the highest insurance penetration rates in... Read more

RedotPay Secures $107M Series B, Total Funding Hits $194M

RedotPay, a global stablecoin-based payment fintech, has closed a US$107 million Series B round, bringing its total cap... Read more

91% Of Hong Kong Merchants Lose Revenue To Payment Friction

Aspire has released its Hong Kong Ecommerce Pulse Check 2025, highlighting that while mid-sized ecommerce merchants rem... Read more