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Hong Kong tech crimes are dropping. So why is hacking becoming more lucrative? | Collector
Hong Kong tech crimes are dropping. So why is hacking becoming more lucrative?
South China Morning Post

Hong Kong tech crimes are dropping. So why is hacking becoming more lucrative?

The number of reported technology-based crimes in Hong Kong dipped over the past year, but financial losses from hacking more than doubled to HK$62.6 million (US$8 million), prompting police to urge companies to bolster their cybersecurity checks. Carmen Leung Oi-lam, senior superintendent of the force’s cybersecurity and technology crime bureau, attributed the surge in money lost, despite the overall drop in technology cases, to several high-value cyberattacks on financial institutions and...

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