While the volume of phishing scams in Hong Kong decreased significantly last year, the total financial losses suffered by victims actually doubled. Police warn that employees remain highly susceptible to these types of malicious attacks.

The number of phishing scams in Hong Kong fell by more than half last year but total losses suffered by victims doubled to HK$110 million (US$14 million), police have said. The latest numbers were revealed as police warned that workers remained susceptible to such scams. A recent phishing simulation involving hundreds of organisations across the city found that more than one in eight employees taking part clicked on malicious email links and nearly half went on to submit personal data. Police...