Xin Lang Cai Jing·2025-12-23 09:12Core Viewpoint - Kuaishou (1024.HK) faced a significant attack on its live streaming platform, resulting in the spread of inappropriate content and a temporary shutdown of the live streaming feature. The company reported that the incident was due to a coordinated black and gray market attack exploiting technical vulnerabilities and automated tools to bypass content moderation systems [2][24][32]. Group 1: Incident Overview - On December 22, Kuaishou's live streaming platform was flooded with pornographic content, leading to the suspension of numerous live streams and a complete shutdown of the live section by midnight [2][5][26]. - The attack involved approximately 17,000 automated accounts that were used to stream pre-recorded illegal videos, overwhelming the platform's content moderation systems [6][32]. - Kuaishou's stock price fell by 3.52% to HKD 64.35, with a market capitalization drop of HKD 554 million following the incident [24][26]. Group 2: Technical Analysis - Experts indicated that the attack was a P0-level incident, suggesting it was a premeditated large-scale attack that exploited vulnerabilities in the live streaming interface, bypassing user authentication and content review processes [8][29]. - The attackers utilized automated tools to create a surge of traffic that overwhelmed Kuaishou's content safety review interface, leading to a failure in the moderation system [32][30]. - The incident highlighted the limitations of Kuaishou's traditional human and algorithmic defenses against such automated and large-scale attacks [30][42]. Group 3: Company Response and Future Actions - Kuaishou initiated an emergency response, reporting the incident to relevant authorities and launching a cleanup of the inappropriate content [27][29]. - Following the attack, Kuaishou announced a gradual restoration of its live streaming services and emphasized its commitment to combating illegal content [27][24]. - The company is now actively recruiting for security positions to strengthen its defenses against future attacks, offering competitive salaries to attract talent [41][42]. Group 4: Business Performance Context - Kuaishou reported a user base of 416 million daily active users and a revenue of CNY 1,032.1 billion for the first three quarters of 2025, reflecting a year-on-year growth of 12.8% [16][36]. - The company's revenue growth was driven by online marketing services, live streaming, and e-commerce, with significant contributions from AI technology [19][39]. - Despite the recent incident, Kuaishou's overall business performance remains strong, with analysts optimistic about its future growth prospects, particularly in AI-driven services [39][40].