GXBank’s Post

Protect Your Personal Data Like You Protect Your Angpao 🧧🏮 In conjunction with this joyous Chinese New Year, I’ve created an animated video featuring 3 meaningful stories that convey these key messages on Data Privacy and Personal Data Protection: 🍊 Personal data should not be retained longer than necessary. 🍊 Share joy, not too much information. 🍊 Keep your personal data secure, just like your red envelope. This video is part of my journey as a Data Privacy Intern at GXBank, aiming to raise more awareness in a fun and relatable way this festive season. May this video inspire you to value your personal data while enjoying the celebrations. Wishing everyone a Happy Chinese New Year that's filled with prosperity, joy, and abundance! 🧧🐍 #ChineseNewYear #DataPrivacy #DataProtection #PDPA

Webscraping in #KYC and #PEP identification 👔 Learn, first: ➪ ○ #Webscraping is for gathering publicly available data from internet; ○ Web-scraping is used for gathering info about PEPs; ○ Webscraping allow real-time monitoring. Web-scraping extracts information from:  ◙ government websites; ◙ social media platforms; ◙ sanction lists, watchlists and databases of UN, EU and World Bank; ◙ news sites, online articles; Scraped data is fed into compliance system in order to be used in: ⦿ EDD (#enhanceduediligence); ⦿ monitoring for potential risk related to PEPs activity. drop a like, 🔻  drop a comment, 🔻  share if u like! 🙃 

Some great insights from Carol Chris on our Global Fraud Report and the challenge fraud professionals and consumers are faced with today. Innovations like Trust Alert at GBG Plc and the Truyu app are critical steps in battling the rise in fraud. Collaboration globally between our teams means we are reacting quickly to trends in fraud, no matter where they originate. Fraudsters don’t operate within boundaries and neither to GBG. #GBG #IdentityFraud #GBGTrust #IdentityTheft #Consortium #FraudBurnout #FinancialCrime #FraudBurnout

Appgate's latest Fraud Beat Perspectives report for financial institutions explores ways organizations can protect themselves from #cyberthreats. See below for link to download the eBook.

As #financialfraud grows more complex, financial institutions must prioritize adopting robust #fraudprevention solutions to safeguard their customers, comply with regulations, and protect their reputation. Appgate offers comprehensive #fraudprotection at all levels. Download the Fraud Beat Perspectives e-book now! OSPHERA Master Distributor for Appgate #360FraudProtection

**Fighting Financial Crimes in 2024: Emerging Trends and Technological Solutions** In the first 4 months of 2024, the Hong Kong Police Force has recorded over 10,000 cases involving more than HK$1.8 billion in financial loss. With the rise of emerging financial crimes, our esteemed panel of experts from the Hong Kong Police Force, Check Point Software, and PwC will delve into the current trends and share insights on technological detection and prevention strategies. Topics to be covered: - Overview of the financial crime landscape in 2024 - Newer modus operandi used by cybercriminals - Leveraging advanced analytics and AI for fraud detection - Securing financial transactions and data through cutting-edge technologies - Best practices for enterprises to mitigate financial crime risks If you want to stay ahead of the curve and protect your organization from the evolving threat of financial crimes, this panel discussion is a must-attend event. Register now to reserve your spot. https://bit.ly/4c17UBY #FinancialCrimes #CyberThreats #FinTech #BGOV2024 #CyberCriminals

🚨 Financial Fraud: A Growing Global Threat 🚨 #Financialfraud is on the rise and growing in sophistication as malicious actors exploit economic uncertainty and leverage advancements in technology. Appgate's latest Fraud Beat Perspectives report for financial institutions explores ways organizations can protect themselves from these #cyberthreats. Key Takeaways: 💡 Global Trends: In 2023, our Detection Transaction Anomalies (DTA) solution, powered by automation and #AI analysis, analyzed over 2 billion transactions, preventing over $73.5 million in losses. 💡 Growth in LATAM and North America: While 612 million transactions were analyzed in North America, LATAM saw a significantly higher volume at 1.45 billion. Loss prevention efforts in both regions saw marked increases, highlighting the value of AI-driven solutions. 🔐 At #Appgate, we're dedicated to providing #fraudprevention solutions that safeguard our clients' most valuable assets and ensure their operations remain #cybersecure. Download our eBook for essential recommendations tailored to financial institutions: https://bit.ly/47wpzA7

[🗞️ “AI Deep Fake” Fraud Scams a Total of HK$200 Million from Hong Kong Employee] How Can We Stay Ahead of Emerging Financial Crimes❓ Knowing How to Identify Fraud is the Key ❗ With the rapid development of artificial intelligence (AI) technology, scammers have begun using deep fake techniques to commit fraud🥷🏻. Recently, Hong Kong saw its first fraud case using #Deepfake techniques to conduct multi-person video conferences, where many of the "participants" were fraudsters in disguise. During the scam, Hong Kong employees were instructed to transfer a total of HK$200 million to five local bank accounts across 15 transactions. Even if AI ignites a new generation of technological opportunities and conveniences, the potential for it to be abused for criminal gain is also just as vast. How should enterprises at large respond to these emerging financial crimes? 🌟Join us on Day 1 of BGOV Technology Expo 2024 for an in-depth discussion on this topic with industry experts! 📆11 July , 2024 🕰️15:15 - 16:15 📣Panel Discussion topic: How to Stay Ahead of Emerging Financial Crimes? Moderator: * Mr. Emil Chan, Co-Chair, Hong Kong Digital Finance Association (HKDifi) & Vice President, Asia Family Office Foundation (AFOF) Panelists: • Mr. Colin She, Security Consultant (Hong Kong & Macau), Check Point Software Technologies • Mr. Jenius Shieh, Partner, PwC Hong Kong • Mr. Raymond Lam, Chief Superintendent, Cyber Security and Technology Crime Bureau, Hong Kong Police Force Join in the discussion – Register today! https://bit.ly/4bYjIoy 𝗕𝗨𝗦𝗜𝗡𝗘𝗦𝗦 𝗚𝗢𝗩𝗶𝗿𝘁𝘂𝗮𝗹 𝗘𝘅𝗽𝗼 & 𝗖𝗼𝗻𝗳𝗲𝗿𝗲𝗻𝗰𝗲 𝟮𝟬𝟮𝟰 ᴇxᴘᴏ｜ᴄᴏɴꜰᴇʀᴇɴᴄᴇ｜ᴛᴇᴄʜ ᴀᴡᴀʀᴅꜱ govirtualexpohk.com BUSINESS GOVirtual Expo & Conference Hong Kong Digital Finance Association Asia Family Office Foundation #BUSINESSGOVirtual #TechConference #TechAwards #Expo #Corporates #SME #中小企 #科技公司 #Startup #BGOV2024 #HKCEC #B2B #B2C #ITSolutions #IT #AI #fintech #retailtech #martech #web3 #immersivetech #cybersecurity #cloudcomputing #smartoffice #esgtech #cyberthreats #financialcrimes

🙈 “AI Deep Fake” Fraud Scams a Total of HK$200 Million from Hong Kong Employee🙊 How Can We Stay Ahead of Emerging Financial Crimes❓ Knowing How to Identify Fraud is the Key ❗ With the rapid development of artificial intelligence (AI) technology, scammers have begun using deep fake techniques to commit fraud🥷🏻. Recently, Hong Kong saw its first fraud case using #Deepfake techniques to conduct multi-person video conferences, where many of the "participants" were fraudsters in disguise. During the scam, Hong Kong employees were instructed to transfer a total of HK$200 million to five local bank accounts across 15 transactions. Even if AI ignites a new generation of technological opportunities and conveniences, the potential for it to be abused for criminal gain is also just as vast. How should enterprises at large respond to these emerging financial crimes? 🌟Join us on Day 1 of BGOV Technology Expo 2024 for an in-depth discussion on this topic with industry experts! 📆2024年7月11日 🕰️15:15 - 16:15 📣Panel Discussion topic: How to Stay Ahead of Emerging Financial Crimes? Moderator: Emil Chan, Co-Chair, Hong Kong Digital Finance Association Panelists: Colin She, Security Consultant (Hong Kong & Macau), Check Point Software Francis Choi, Head of Financial Crime, BOC Group Life Assurance Company Limited Jenius Shieh, Partner, PwC Hong Kong Raymond Lam, Chief Superintendent, Cyber Security and Technology Crime Bureau, Hong Kong Police Force Join in the discussion – Register today! https://bit.ly/4c17UBY ====== 𝗕𝗨𝗦𝗜𝗡𝗘𝗦𝗦 𝗚𝗢𝗩𝗶𝗿𝘁𝘂𝗮𝗹 𝗘𝘅𝗽𝗼 & 𝗖𝗼𝗻𝗳𝗲𝗿𝗲𝗻𝗰𝗲 𝟮𝟬𝟮𝟰 ᴇxᴘᴏ｜ᴄᴏɴꜰᴇʀᴇɴᴄᴇ｜ᴛᴇᴄʜ ᴀᴡᴀʀᴅꜱ 🗓️July 11-12, 2024 📍Hong Kong Convention and Exhibition Centre Exhibition Hall 3FG 🌐govirtualexpohk.com 📞(852) 3520 3186 #BUSINESSGOVirtual #TechConference #TechAwards #Expo #Corporates #SME #中小企 #科技公司 #Startup #BGOV2024 #HKCEC #B2B #B2C #ITSolutions #IT #AI #fintech #retailtech #martech #web3 #immersivetech #cybersecurity #cloudcomputing #smartoffice #esgtech #cyberthreats #financialcrimes

In an era where deepfakes and digital misinformation are becoming more sophisticated, the ability to verify information and distinguish truth from deception is crucial. 🔍💡 At Fameplay, we focus on #authenticity and #security in all our #AIdriven projects. We ensure that all data usage is strictly regulated by clear contracts, and client information is always handled responsibly. 🤝🔐 The banking sector faces similar challenges, particularly in protecting its customers from daily scams. We’re excited to have worked with CSOB, the largest Czech bank, to transform their blog warnings on fraudulent practices into more relatable and shareable #video #content. 🎥✨ By creating a #digitaltwin of a key executive Michaela Bauer, we brought their messages to life, raising public awareness on critical security topics. The result? A 3x increase in #viewer #engagement and a more informed public with a stronger defense against fraud. 📈🔒 Curious to see how these videos look? Watch an example here: https://lnkd.in/dsEbhFh4 #DigitalSafety #Innovation #AI #Avatar