3 to pay US$8.9m over data theft

NEW YORK: Three Chinese hackers who stole information on deals from two top law firms, here, and used it to trade stocks were ordered to pay US$8.9 million (RM38.71 million) in fines, disgorgement and interest. District judge Valerie Caproni issued the

May 5 order in favour of the United States Securities and Exchange Commission, but the hackers — Iat Hong, Bo Zheng and Hung Chin — aren’t in the US. Hong was arrested in Hong Kong in December and is awaiting extradition, while the whereabouts of the other two aren’t known.