Hong Kong records HK$3.6 billion in cybercrime losses as hackers turn to AI
Hong Kong police recorded HK$3.6 billion (US$463 million) in technology crime losses in the first seven months of 2025, an 18 per cent increase year-on-year despite a decrease in the number of cases, as cybercriminals become more adept at identifying high-value targets using artificial intelligence. Rachel Hui Yee-wai, superintendent at the force’s cyber security and…