Cyber crime in Hong Kong has become more prevalent, according to the latest Government InfoSec information.
Last year, the number of technology crime cases increased 36.7 percent and this resulted in a loss of US$43.8 million.
However, a report by Hong Kong Internet Registration Corporation Limited (HKIRC) indicates a significant reduction of .hk spamvertising and phishing cases last year.
The ".hk Domain Name Spamvertising & Phishing Report 2012" report indicates that the total number of recorded .hk spamvertising and phishing cases was reduced significantly to 12 last year. This represents a 52 percent decrease from the previous year.
"Today's cyber criminals are trying out more new tricks and are doing so more frequently. At the same time, demand for Internet services is on the rise," said Jonathan Shea, CEO of HKIRC. "Despite the fact that we can continually maintain a low level of .hk spamvertising and phishing websites, we must always be vigilant against the potential threat of malicious websites."
Fostering a safe Internet environment
Focused on fostering a safe Internet environment for the networked world, HKIRC has invited the industry to participate in the Domain Name System Security Extensions (DNSSEC) joint tests in the last quarter of 2012.
The new initiative will also improve security across the Internet domain name system.
DNSSEC protects the Internet Domain Name System (DNS) from attacks and allows users to validate and authenticate the content of DNS responses. DNSSEC not only protects against the potential threats to network infrastructure but also increases trust of online business activities.
HKIRC says this reduction of .hk spamvertising and phishing cases shows the success of the steps taken by the Corporation. It also recognises the cooperation of Office of the Communications Authority (OFCA), Hong Kong Police and Hong Kong Computer Emergency Response Team Coordination Centre (HKCERT) for making this decrease possible.
"HKIRC aims to innovate and introduce stringent security measures, as well as solicit industry support to safeguard the Internet environment and establish Hong Kong as a secure regional Internet hub," added Shea.