The recent hacking of Cyberport has aroused public concern over cyber security. The Cyberpolice International Forum, organized by the Police Force, will be held for three consecutive days from today (13). The Chief Secretary for Administration, Mr. Chan Kwok-kei, said in his speech that the Police Force would spare no effort in combating cyber crimes. Mr. Chen Siyuan, Vice Minister of the Ministry of Public Security, also pointed out that hacking attacks were rampant and supported the Police Force to initiate exchanges and cooperation, and put forward a three-point proposal, which included openness and tolerance, close communication, and complementing each other's strengths and weaknesses, to jointly safeguard cybersecurity.
The "International Forum on Cyberpolice", the first of its kind to be held in Hong Kong, kicked off this afternoon at the Shangri-La Hotel, Admiralty, with the participation of senior police officers and cybersecurity experts from more than 40 countries or regions, including France, Australia and Israel. Mr. Chen Siyuan, Vice Minister of the Ministry of Public Security of China, Mr. Chan Kwok-kei, Chief Secretary for Administration, Mr. Tang Bing-keung, Secretary for Security and Mr. Siu Chak-yee, Commissioner of Police, participated in the opening ceremony. The security outside the venue was very tight, with a number of uniformed police officers patrolling and at least three police vehicles parked.
Mr. Chan Kwok-kei, Chief Secretary for Administration, said in his speech that the HKSAR Government was committed to safeguarding the security of the digital world. The Police Force spared no effort in combating cybercrime, grasping the opportunities arising from technological advancement and upgrading the standard of policing, as well as stepping up public education in the light of the development of cybercrime. He also emphasized that cybersecurity and cybercrime transcend geographical boundaries. In the new digital era, Hong Kong needs to work with law enforcement agencies around the world to combat cross-boundary cybercrime and exchange experience.
Mr. Chen Siyuan, Vice Minister of Public Security of the Ministry of Public Security of the People's Republic of China, said that new cybercrimes such as cyber gambling, telecommunication frauds and hacking attacks are new and unchecked, transnational and diverse, and he therefore considered that the forum organized by the Hong Kong Police Force was in line with the current situation. He pointed out that the Ministry of Public Security will steadfastly implement the principle of "one country, two systems" and support the Police Force to carry out exchanges and cooperation in order to jointly safeguard cyber peace.
Mr. Chen also put forward a three-point proposal: to insist on openness and inclusiveness, to strengthen strategic mutual trust, to share information on cyber threats, to jointly study and formulate international rules on cybersecurity space, so as to jointly combat cybercrime; to insist on close communication, to improve the coordination mechanism, to prevent cybercrime, such as AI and cloud data, and to jointly enhance the law enforcement capability; to build mutual assistance and win-win situation, to complement each other's strengths, and to insist on multilateral participation, so as to jointly maintain cybersecurity.
There is a Chinese proverb that says, 'When all hearts are united, all mountains will move.' Let us take advantage of this forum to deepen our mutual recognition, deepen our cooperation, and make new contributions to the building of a universally secure human destiny," Mr. Chan added.
Hong Kong's Web3 industry has been developing at a rapid pace. Cyberport, as a wholly-owned enterprise of the Hong Kong government and a policy enforcer, has been instrumental in promoting the development of the Web3 ecosystem in Hong Kong. Since the announcement of Hong Kong's Virtual Asset Development Declaration in October last year, the industry has grown rapidly.
More than 70% of the surveyed enterprises had suffered from cyber security attacks in the past year, which is a record high. Phishing attacks are the most common type of cyber security attack encountered by almost all affected enterprises. Financial Services (64.9 points) and Information and Communications Technology (63.3 points) sectors continue to be ranked in the "Manageable" category.
Standard Chartered Hong Kong was selected to participate in the HKMA's "Digital Hong Kong Dollar" Pilot Project. The project aims to test the application of analog digital Hong Kong dollars in different scenarios, especially in the absence of network or power supply. Standard Chartered said it is consolidating the data from the relevant tests and will announce the detailed results at a later date.
Cyberport was hacked in mid-August, involving the theft of up to 400GB of staff data. According to the hacker's latest website, the information has been "leaked" and can be downloaded for free from the dark web. A computer security researcher criticized the Cyberport for its poor security awareness.
Cyberport is suspected to have lost more than 400 gigabytes of personal data to a hacking group last month. The data included personal names and contact details, information on employees, former employees and job applicants, and a small amount of credit card information. Cyberport said it had contacted the potentially affected individuals directly and would provide them with free identity monitoring services by professional security consultants.
Cybersecurity platform Falcon Feedsio posted on social media that Cyberport was hacked. The hackers were in possession of the Cyberport startup's staff's identification documents, company documents, photos, etc., amounting to more than 400GB of data. The relevant information is now priced at US$300,000, equivalent to HK$2.35 million.
Falcon Feedsio, a cyber security platform, posted on social media that Cyberport Hong Kong had been hacked. Hackers had stolen up to 400GB of personal data of Cyberport's start-up staff, including proof of identity documents. The hackers are now demanding US$300,000, equivalent to HK$2.35 million, for the information. The Office of the Privacy Commissioner for Personal Data said today (7) that it had received notification of the data leakage incident on August 18.
More than 15,000 technology crimes in Hong Kong in the first half of this year, which soared by nearly half compared with the same period last year. Police jointly organized the first "Net Hunting Campaign with Cyberbay, a start-up in cyberport network vulnerability detection. During the event, network security experts discovered a total of 197 network security vulnerabilities.
The Hong Kong Monetary Authority (HKMA) has launched a pilot plan for the digital Hong Kong dollar, and Standard Chartered Bank has become one of the participating banks. Due to geographical limitations, many loyalty reward programs currently face technical, regulatory, and tax complexities in cross-border transactions. Lin Yuandong, the Chief Executive Officer of Standard Chartered Greater Bay Area, stated that the central bank's digital currency (CBDC) would have significant importance in creating seamless and innovative cross-border digital economic capabilities within the Guangdong-Hong Kong-Macao Greater Bay Area.
Charles Li, the former Chief Executive of Hong Kong Exchanges and Clearing Limited (HKEX), has passed away at the age of 76. He made significant contributions to the development of Hong Kong's financial and securities industry. Zhang Huafeng, former member of the Legislative Council representing the financial services sector, expressed that his death is a loss to Hong Kong's financial industry and expressed eternal remembrance for him.
The Hong Kong Housing Society and Cyberport held an inauguration ceremony yesterday at the new office, "Housing Society Centre," announcing the establishment of the first-ever shared workspace for property technology (PropTech) in Hong Kong. The shared workspace, named Smart-Space PropTech, is located in the northern metropolitan area and has already accommodated 13 start-ups since July. These start-ups will develop innovative PropTech products and solutions and conduct concept verification and testing. This project marks the first initiative in the northern metropolitan area concerning the development of property technology.
"TechWave Web3.0 Summit" is an event organized by Huawei Cloud and co-organized by Hong Kong Cyberport, Hong Kong Web3.0 Association, and Techub News. The event was successfully held at Hong Kong Cyberport. During the event, Huawei officially announced the Web3.0 Node Engine Service (NES) and Enclave Secure Computing, both blockchain services. Huawei Cloud also launched a Web3.0 Zone on its app store, with the initial batch of dozens of partner applications being featured. The event featured guest speeches from Mr. Peter Yan, CEO of Hong Kong Cyberport, Mr. Wang Yang, Vice President of Hong Kong University of Science and Technology, and Mr. Gao Jianghai, General Manager of Public Cloud Business, Huawei Cloud. Additionally, hundreds of representatives from global Web3.0-related companies, professionals, and industry leaders participated in the event to discuss topics such as Web3.0 industry development, infrastructure, application compliance, and the integration of data and reality.