Security

Experts Warn of Increased Cyber Risks in The Insurance Sector

The COVID-19 pandemic has sped up digital transformation and accelerated the shift to digital channels, introducing new cyber risks which insurance companies need to manage and mitigate, insurers and cybersecurity experts said during a virtual panel discussion. Simon Chandran, Financial

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Livi Bank First in Hong Kong to Roll Out Mastercard’s Tokenised Payments

Hong Kong virtual bank livi announced an expansion of its collaboration with Mastercard as it became the first bank in Hong Kong to launch Mastercard Token Connect. This is a payment innovation that integrates tokenisation technology with livi’s debit card

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TransUnion Study Notes Uptick in Digital Fraud Attempts in Hong Kong

TransUnion’s latest quarterly analysis of global online fraud trends found that since the COVID-19 pandemic began, fraudsters in Hong Kong are increasing their digital schemes against businesses. In addition, provisional findings of TransUnion’s recent Global Consumer Pulse Study found that

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Top Tips For Maintaining Safe and Secure Finances in Hong Kong

Cybercrime, hacking and online identity theft are all, unfortunately, on the rise in Hong Kong. In 2020, the number of technology-based crimes doubled to over 6,400 in just the first half of the year. These crimes had a significant impact

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