TOPIC

Cybersecurity

Cybersecurity
From black hat hackers attempting to break into government computer systems, to white hat security experts working to crack and improve protections on popular internet browsers, cybersecurity affects us all. Every day hackers steal millions of pieces of personal data and, as former NSA contractor Edward Snowden revealed, sometimes it may be our own governments doing the snooping.
Individual bank account holders can designate a certain amount of their cash that cannot be transferred in any way. Photo: Eugene Lee
Hong Kong economy

All Hong Kong retail banks to offer anti-scam service, locking cash in accounts

‘Money Safe’ users will have to meet a bank employee to undergo verification process to ensure their funds are not going to scammers.

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South Korea

Coupang’s massive data leak probe ignites US-Seoul diplomatic firestorm

Mandatory Provident Fund (MPF)

Video | Hongkongers urged to use eMPF to ward off scams

China technology

China’s Kuaishou hit by breach as explicit content floods live-streaming rooms

Short-video platform’s services are thrown into chaos on Monday night after the cyberattack it blames on ‘black and grey industries’.

Explicit content flooded Kuaishou’s high-traffic live rooms for more than an hour on Monday night, reports say. Photo: Shutterstock
Hong Kong society

Hongkongers urged to quickly sign up for eMPF platform as defence against scams

Cybersecurity experts call on residents to move quickly after HK$1.8 million stolen from three MPF accounts.

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Crime in Hong Kong

Hong Kong online investment scams surge 20% as losses hit HK$3.08 billion

80 per cent of all fraudulent messages disseminated through Meta-owned platforms including Facebook, WhatsApp and Instagram.

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Australia

Why Southeast Asia’s move to protect children online may fuel state surveillance

Measures to rein in tech companies risk opening the door to tighter state oversight of online platforms, analysts say.

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Australia banned social media for children under 16 earlier this month. Photo: dpa
Britain

UK sanctions Russian and Chinese firms, warns of cyber threats, hybrid warfare

Foreign Secretary Yvette Cooper says dangers range from disinformation campaigns to physical attacks and sabotage.

Singapore

Can Singapore’s cyber laws keep pace with speed of borderless online threats?

Long-term resilience will hinge on complementary measures such as deeper regional cooperation and improved digital literacy, analysts say.

US-China relations

Federal communications agency may bar Chinese telecoms firms from US networks

The FCC move is the latest in a series of actions Washington has taken against Beijing over efforts to prevent robocalls.

The Federal Communications Commission headquarters in Washington. Photo: Reuters
Britain

‘Follow me’: UK’s Starmer launches TikTok account despite security ban

Prime minister’s office insists ‘security mitigations’ are in place as he turns to the popular Chinese-owned app for greater outreach.

Britain’s Prime Minister Keir Starmer taking part in a Q&A session last month on youth employment and the cost of living. Photo: Reuters
India

Cyber scams threaten confidence in India’s outsourcing industry

Fraudsters leveraging India’s cost advantages and skilled workforce create a systemic risk for legitimate businesses, analysts warn.

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United States

Hegseth’s Signal use posed risk to US forces, Pentagon review finds

White House ‘stands by’ Pentagon chief Hegseth, who is also under intensifying scrutiny over US strikes in the Caribbean.

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China economy

Opinion | China’s shrinking credit reflects a financial reset, not a collapse

Beijing is moving away from the old growth model reliant on rising leverage, towards a framework that prizes risk management and data integrity.

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An aerial view of buildings under construction in Hangzhou, Zhejiang province, on March 15. Beijing is allowing underperforming and overleveraged segments, especially property developers and local government financing vehicles, to contract. Photo: AFP
South Korea

How a South Korean e-commerce giant missed mega data leak for 5 months

President Lee said the ‘scale of the damage is massive’, calling for stringent penalties and ‘effective countermeasures’.

Coupang is South Korea’s most popular online shopping platform. Photo: Shutterstock
Fintech

Hong Kong reaps the fruits of fintech seeds sown nearly 10 years ago

Hong Kong’s rise as a fintech hub is due to the concerted regulatory push, with the city competing with Singapore for regional leadership.

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Japan

Asahi admits cybersecurity ‘weakness’ after info of 2 million people stolen

The drink giant’s boss denied the company had made any ransomware payment over the September incident.

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Crime in Hong Kong

Hong Kong launches probe after voters’ personal details posted on social media

Government warns that such acts will not be tolerated, with the Registration and Electoral Office referring case to a law enforcement agency.

The Legislative Council election will be held on December 7. Photo: Sam Tsang
US-China trade war

‘Close the loopholes’: US officials urge tougher chip rules to limit China gains

Lawmakers seek stronger BIS powers and more staff, saying Beijing could use one-year pause in export controls to advance domestic abilities.

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Britain

MI5 warns UK lawmakers of Chinese spies on LinkedIn

The ‘espionage alert’ warned that Chinese nationals were ‘actively’ reaching out to lawmakers via recruitment headhunters.

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US-China trade war

US panel urges new economic statecraft body as China’s tech challenge grows

American Congressional commission concludes consolidated single entity would be more effective in dealing with Beijing.

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US President Donald Trump and China’s President Xi Jinping meet in Busan on October 30, to try and lower the temperature in the spiralling trade war between the two countries. Photo: AFP
Denmark

Cyberattack hits Danish political parties on eve of local elections

Pro-Russian hacker group claims it targeted the websites of several Danish political parties.

Pro-Russian hackers claimed cyberattacks on the websites of several Danish political parties on Monday. Photo: Shutterstock
US-Asean relations

What US anti-scam ‘strike force’ means for Southeast Asia’s cybercrime fight

Analysts say the US initiative can serve as a coordination blueprint to push back against transnational criminal enterprises.

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US-China relations

Anthropic warns of first reported AI-driven hacking campaign linked to China

The attack, aimed at around 30 global targets, was notable for the extent to which artificial intelligence was used to automate the work.

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France

‘War of tomorrow will begin in space,’ Macron says, singling out Russia

The leader unveiled a multibillion euro increase in French military spending for space activities, citing Russia’s threat of nuclear arms.

An illustration depicts a weapon in space firing a laser against the background of the Earth. Image: Nasa/Shutterstock
Hong Kong economy

Exclusive | Which Hong Kong authorities score well on cybersecurity and which don’t?

A ratings agency gives its take but Digital Policy Office says gradings have limitations as they only take into account publicly available information.

The Hong Kong government’s headquarters. Photo: Jelly Tse
Artificial intelligence

Chinese AI models comparable to US ones in frontier risks, study finds

As AI systems grow more powerful, their potential to endanger public safety and social stability has raised alarms.

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Malaysia

Quicker, nimbler scammers outrun Asian banks in cyberfraud ‘arms race’

Cybercrime in Asia is evolving ‘at an unprecedented rate’, accounting for US$37 billion in losses last year, Malaysian banking body warns.

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