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Hong Kong regulators target banks' data controls as breaches rise

By Yonnex Li ( January 28, 2026, 06:12 GMT | Insight) -- Hong Kong's privacy regulator is teaming up with the city's banking authority to crack down on data misuse and fraud, as the financial hub grapples with rising data breaches and deception cases. The city recorded 246 breach notifications last year, while deception cases reached 35,831 in the first 10 months, causing $820 million in losses.Hong Kong's privacy regulator is teaming up with the city's banking authority to crack down on data misuse and fraud, as the financial hub grapples with rising data breaches and deception cases....

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