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Money comes and goes: An unexpected deposit turns a HKer into a millionaire before it flows
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South China Morning Post
28 minutes ago
- South China Morning Post
Hong Kong needs more cybersecurity professionals as threats increase: report
Hong Kong needs more professionals focused on cybersecurity due to persistent threats and a limited talent pool, according to a recent report from the Hong Kong China Network Security Association. Advertisement The group said demand for cybersecurity professionals in Hong Kong was expected to grow steadily over the next three to five years, with a particular focus on skills related to cloud and artificial intelligence (AI) security. The report said attackers, armed with AI, drove the number of security incidents handled by the Hong Kong Computer Emergency Response Team Coordination Centre in 2024 to 12,536, the highest in five years. Since the Covid-19 pandemic, it said, the adoption of multi-cloud strategies had increased significantly and as a result, demand for professionals with cloud security backgrounds had grown. 'There is growing demand for companies to hire security professionals with the experience of securing cloud environments and managing associated risks on multiple cloud platforms such as [Amazon Web Services], Azure and Alibaba,' said Fiona Fung, senior manager of infrastructure and cyber at recruiter Robert Walters. Advertisement The report was put together in collaboration with Sia, a consulting firm. The study surveyed around a hundred cybersecurity professionals in Hong Kong. In addition, inquiries were made with a number of professional recruiters who possessed 'a broad understanding of the talent market and can provide valuable insights'. The report showed that companies needed to improve their communication and collaboration skills to combat cybersecurity risks.
South China Morning Post
41 minutes ago
- South China Morning Post
10% year-on-year sales boost expected for Hong Kong eateries on handover holiday
Hong Kong's restaurant industry is anticipating a 10 per cent boost in business on Tuesday compared to last year, with an industry leader noting that the increased number of over 3,800 eateries offering discounts to celebrate the city's handover to Beijing will spur local consumption and help ease the sector's woes. Advertisement Simon Wong Ka-wo, president of the Hong Kong Federation of Restaurants and Related Trades, expressed optimism as the city celebrated the 28th anniversary of its return to Chinese sovereignty on Tuesday. 'The different discount packages offered by restaurants and shopping malls will encourage more residents to consume,' Wong told the Post, noting that the number of participating restaurants had jumped from 2,000 last year to 3,800 this year. The offers, including a 29 per cent discount at Hong Kong-style cafe chain Tai Hing and its 15 sister restaurant chains, led to bustling scenes at eateries across the city. At Tai Hing's Tsuen Wan branch, there was a constant queue of over 20 people, with the number at times exceeding 30. Its Causeway Bay outlet was packed with diners early in the morning. Advertisement Other businesses such as Chinese teahouse All Forum and bakeries such as Arome also took part in the promotional campaign by offering discounts.
South China Morning Post
2 hours ago
- South China Morning Post
On anniversary of Hong Kong handover, John Lee vows to be a ‘reformer' amid challenges
Hong Kong's leader has vowed to be a 'reformer' that rises to challenges rather than becoming a 'complacent idler' in the face of the economic restructuring and geopolitical tensions, as he enters his fourth year in office. In a speech to mark the 28th anniversary of the city's handover to Chinese rule, Chief Executive John Lee Ka-chiu on Tuesday also laid down three priorities in his governance: boosting development backed by security; expediting the Northern Metropolis megaproject near the border with mainland China; and improving residents' livelihoods. Lee said he had full confidence in Hong Kong's development, as long as the city was committed to fully seizing opportunities, undertaking reforms and fostering innovation. He cited a Chinese saying that describes a hard task becoming easy with determined efforts and an easy task getting difficult with inaction. 'We would rather be reformers who rise to challenges than become complacent idlers,' Lee declared at the reception held at the Hong Kong Convention and Exhibition Centre in Wan Chai. 'Amid an ever-changing geopolitical landscape and constantly increasing uncertainties, Hong Kong is able to showcase exactly to the world the certainties of safety, stability and development opportunities. These are precisely what the world needs and seeks.'
