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Hong Kong At ‘Serious Risk’ Of Cyberattack Amid 7 Million Daily Attempts Worldwide

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Hong Kong is certainly at a « serious risk » of cyberattack, with an average of 7 million hacking attempts daily worldwide, a Hong Kong cyber crime research centre warned authorities, urging them to do more to protect themselves from such an attack.

According to Frank Tong Fuk-kay, CEO of the government-funded Hong Kong Applied Science and Technology Research Institute (ASTRI), security officials are in a serious need to step up resources and efforts to stop cybercrimes, the South China Morning Post (SCMP) .

Tong’s comments came just a week after ASTRI warned authorities that the Hong Kong Monetary Authority and People’s Bank of China were among a long list of central banks that may be the top targets for hacking group Anonymous in May.

“More resources are needed in ensuring cyber security if Hong Kong keeps up its position as the global financial centre,” Tong told the SCMP in an interview Friday. “[Hong Kong] needs to train its own experts. Even some banks have a chief technology officer on director boards, which shows how important cyber security is.”

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