Online scams – including false banking websites, phishing emails and fake banking apps – reached 142 cases in 2018, a threefold increase from 2017. Photo: Reuters

Hong Kong banks must step up cybersecurity, protect customers’ data as online scams multiply, warns industry leader

  • Cyberattacks on Hong Kong banks doubled last year while the number of reported cyber scams tripled, according to official figures
  • Risks have risen sharply as lenders have adopted fintech and increased their digital offerings, says head of Hong Kong Association of Banks
Topic |   Cybersecurity

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Online scams – including false banking websites, phishing emails and fake banking apps – reached 142 cases in 2018, a threefold increase from 2017. Photo: Reuters
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