Cathay Pacific shares slide to nine-year low as data leak rattles investors


FILE PHOTO: A passenger walks to the First Class counter of Cathay Pacific Airways at Hong Kong Airport in Hong Kong, China April 4, 2018. REUTERS/Bobby Yip/File Photo

HONG KONG: Shares of Cathay Pacific Airways Ltd slid nearly 7% to a nine-year low on Oct 25 after it said data of about 9.4 million passengers of Cathay and its unit, Hong Kong Dragon Airlines Ltd, had been accessed without authorisation.

Cathay said late on Oct 24 that in addition to 860,000 passport numbers and about 245,000 Hong Kong identity card numbers, the hackers accessed 403 expired credit card numbers and 27 credit card numbers with no card verification value (CVV).

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Cathay Pacific

   

Next In Tech News

How streaming is boosting esports
Battery firm LG Energy Solution Q1 profit plunges on weak EV sales
SK Hynix expects full chip recovery after Q1 earnings surprise on AI boom
Cisco says hackers subverted its security devices to spy on governments
Disappointing Meta forecast pulls down tech peers in extended trade
IBM to buy HashiCorp in $6.4 billion deal to expand in cloud
Meta shares sink on higher AI spending, light revenue forecast
TSMC says 'A16' chipmaking tech to arrive in 2026, setting up showdown with Intel
TikTok artists and advertisers to stay with app until 'door slams shut'
TikTok to suspend TikTok Lite's reward programme amid EU concerns

Others Also Read