Cathay Pacific shares set to fall 2.5 percent after passenger data…

HONG KONG (Reuters) – Shares of Cathay Pacific Airways Ltd (0293.HK) were set to fall 2.5 percent on Thursday after the airline said data of about 9.4 million passengers of Cathay and its unit, Hong Kong Dragon Airlines Ltd, had been accessed without authorisation.

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

The company said it initially discovered suspicious activity on its network in March 2018 and investigations in early May confirmed that certain personal data had been accessed.

Cathay’s shares were set to open down 2.5 percent at HK$10.36, against a 1.9 percent drop for the benchmark Hang SEng Index .HSI.

Reporting By Anne Marie Roantree; editing by Richard Pullin

Sign Up for Our Newsletters

Get notified of the best stories everytime.

You May Also Like

Nationwide Manhunt For Suspect Behind Pipe Bombs Sent To Democrats, CNN

The discovery of five pipe bombs mailed to prominent Democrats, CNN and…

Goldman Sachs will slow consumer loan growth if market falters

(Reuters) – Goldman Sachs will limit loan growth in one of its…

“Belligerent” Brett Kavanaugh Started Bar Fight During College: Classmate

Future Supreme Court nominee Brett Kavanaugh and two fellow Yale University students…

Scale of Indonesian quake disaster emerges as rescuers fan out

PALU, Indonesia (Reuters) – The extent of the devastation caused by an…