High demand for security experts as cyberattacks increase
Exponential growth in cyberattacks prompts more Hong Kong firms to beef up web defences

Demand for security experts is increasing as Hong Kong businesses find themselves at growing risk of cyberattacks, recruitment firm Hays said this week.
"Large to medium-sized enterprises are experiencing a growing number of cyberattacks that can potentially impact their growth and image," Hays Asia managing director Christine Wright said. "To counter these attacks, many companies are looking to upgrade their web applications and improve their web security."
That had led to an increase in demand for software developers and web security experts, Hays said in a recent report.
In 2012, the Hong Kong government created a HK$9 million Cyber Security Centre aimed at tackling the growing threat posed by hackers to critical infrastructure and commerce in the city.
The number of attacks and the types of attack have increased exponentially
Since 2009 there has been a more than 1,900 per cent increase in financial losses due to computer crime, from HK$45.1 million to HK$916.9 million last year, according to police statistics.