News Snapshot:
Hong Kong recorded a near sixfold increase in the number of technology-based crimes in the past decade, hitting about 13,000 cases and monetary losses totalling HK$2.96 billion in 2020, the latest figures show. According to police, reports of cybercrime rose from 2,206 in 2011 to 12,916 last year, while the amount of money involved increased from HK$148 million to HK$2.96 billion, a 20-fold rise. Last year’s crime figure was also 55 per cent more than the 8,322 cases in 2019. Superintendent Terry Cheung Tin-lok of the cyber security and technology crime bureau said the surge in cybercrime in 2020 was...
