Summary
- Hong Kong is facing a rise in sophisticated digital scams, with 39,000 cases reported in 2023 alone.
- AI technologies, like generative artificial intelligence (GenAI), are making online scams more convincing and difficult to detect.
- Deepfake technology poses a significant threat, as seen in cases where individuals have been tricked into transferring funds based on manipulated videos.
- Cybersecurity firms are developing tools and solutions, such as deepfake detection software and identity-centric secure browsers, to combat evolving cyber threats.
