HKPC Warns of More Financially-Motivated Cyber Attacks in 2018

With the growing trend of financially-motivated cyber crimes, information security experts at the Hong Kong Productivity Council (HKPC) today (18 January 2018) urged enterprises and the public to strengthen their defence against ransom-based cyber attacks.

HKPC issued the advice after its Hong Kong Computer Emergency Response Team Coordination Centre (HKCERT) reported a 7% rise in security incident reports in Hong Kong in 2017, totalling 6,506, as compared to 2016. For the second successive year, Malware cases (2,041 cases or 31%) saw the biggest surge, rising by 79%, and joined Botnet (2,084 cases or 32%) and Phishing (1,680 cases or 26%) as the principal sources of the reports.

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Mr Wilson Wong, General Manager (IT Division) of HKPC (left), and Mr Leung Siu-Cheong, Centre Manager of the Hong Kong Computer Emergency Response Team Coordination Centre of HKPC