South China Morning Post

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South China Morning Post

 •  August 25

Fancy a job that requires little or no experience and pays about a quarter more than the average salary expectation of a jobseeker? Those are some of the incentives being offered by Chinese employers trying to attract young cybersecurity specialists to guard their computer systems in a world of growing online threats. Demand for cybersecurity...

South China Morning Post

 •  August 16

China is planning four to six “world-renowned” cybersecurity schools by 2027, as it ramps up its efforts to build a strong army of professionals to combat cyber attacks, in an increasing digitalised world. The Cyberspace Administration of China, the country’s top internet regulator, and the Ministry of Education said they will roll out the...

Only one in 10 companies in Hong Kong and three other Asian markets have insurance cover on losses resulting from cyberattacks as they consider coverage policies to be complicated and expensive, according to a survey by Australian insurer QBE. “This trend is likely to change in the coming years after many high-profile hacking attacks on computers...

Jobs related to the internet and e-commerce pushed aside banking and finance as China’s most sought-after white collar jobs in the first quarter of 2017, as future prospects and promises of stock options offset low salaries in the short term. Among internet related jobs, one specialty stands heads and shoulders over mere programmers and engineers:...

Lloyd’s of London has warned that a serious cyber-attack could cost the global economy more than US$120billion – as much as catastrophic natural disasters such as Hurricanes Katrina and Sandy. Published two months after a ransomware cyber-attack that hobbled NHS hospitals in Britain and hit nearly 100 countries, a 56-page report from the world’s...

In an innovative blow to illicit internet commerce, cyberpolice shut down the world’s leading “darknet” marketplace – then quietly seized a second bazaar to amass intelligence on illicit drug merchants and buyers. AlphaBay, formerly the internet’s largest darknet site, had already gone offline July 5 with the arrest in Thailand of its alleged...

While hackers leverage artificial intelligence (AI) in breaching networks, companies are looking to fight fire with fire by handing the keys of cybersecurity to AI. Darktrace, a UK-based machine learning company for cyber security, announced last week that it entered into a strategic partnership with Hong Kong-based CITIC Telecom CPC in order to...