Hong Kong records near sixfold rise in technology-based crimes in a decade, with monetary losses of S$501 million in 2020 alone, police say

Add Your News Hong Kong records near sixfold rise in technology-based crimes in a decade, with monetary losses of S$501 million in 2020 alone, police say Hong Kong recorded a near sixfold increase in the number of technology-based crimes in the past decade, hitting about 13,000 cases and monetary losses totalling HK$2.96 billion (S$0.5 billion) in 2020, the latest figures show. According to police, reports of cybercrime rose from 2,206 in 2011 to 12,916 last year, while the amount of money involved increased from HK$148 million to HK$2.96 billion, a 20-fold rise.Last year's crime figure was also 55 per cent…