Case in connection with engineer causing approximately โน27.50 lakh loss to university. Court observes that case records reveal that the university suffered huge loss and the university and the State should ensure that a proper Vigilance investigation is done
The number of reported technology-based crimes in Hong Kong dipped over the past year, but financial losses from hacking more than doubled to HK$62.6 million (US$8 million), prompting police to urge companies to bolster their cybersecurity checks. Carmen Leung Oi-lam, senior superintendent of the forceโs cybersecurity and technology crime bureau, attributed the surge in money lost, despite the overall drop in technology cases, to several high-value cyberattacks on financial institutions and...
Losses driven largely by depreciation of cryptocurrency assets as prices of digital currencies tumble.