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Strengthening Cybersecurity Resilience In The Age Of AI: Key Takeaways From The Hong Kong SFC Circular
The Hong Kong Securities and Futures Commission has issued new guidance calling on licensed financial firms to strengthen their cybersecurity defenses against AI-enabled cyberattacks, as recorded incidents surge 27% year-over-year. The circular outlines five critical areas requiring immediate review and enhancement, from vulnerability management to incident response protocols, while emphasizing that senior management bears ultimate responsibility for cybersecurity risk in this rapidly evolving threat landsc
Mayer Brown