CCB takes multi-pronged approach to fight fraud
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The Commercial Crime Bureau (CCB) will continue its battle against fraud, in particular cases involving e-commerce and bank fraud, with the support of various co-operation mechanisms established with the banking industry.

Speaking at the " 'Crime Free' Seminar to Financial Sectors " this morning (February 19), the Chief Superintendent of the CCB, Mr Chan Yiu-kwok, said: "Crime prevention strategy should progress with the passage of time in order to sustain a safe and stable business environment in Hong Kong.

"Under the co-operation mechanisms, the CCB in collaboration with the Hong Kong Monetary Authority (HKMA), Office of the Government Chief Information Officer, Hong Kong Computer Emergency Response Team Co-ordination Centre (HKCERT), Hong Kong Association of Banks (HKAB) and the banking sector, will continue to work out effective strategies for the defence, dissuade, detect of fraud."

He said that organisations could share good models for system safety through the e-Banking Working Group of the HKAB.

The "e-ALERT" system in operation in the industry could provide banks with the latest crime information and keep them informed of the latest crime trends and modus operandi.

To tackle traditional deception, the District Response Team set up in 2005 had enhanced communication between the banks and the Police, which in turn facilitated the prevention, reporting and investigation of street deceptions and other "quick cash" crimes, he said.

In addition, the CCB had implemented a wide range of education programmes to raise public awareness of e-banking security. "E-commerce security" was chosen as the theme of this year's "Hong Kong Clean PC Day" with a view to further increasing public vigilance and promoting information security.

"With rapid changes in the economic and technological environment, Police will closely monitor developments, enhance communication with relevant parties and strengthen our preventive and enforcement efforts in order to keep Hong Kong's reputation as one of safest cities to do e-business," Mr Chan stressed.

This was the fourth year the " 'Crime Free' Seminar to Financial Sectors " was held. Jointly organised by CCB, HKMA and HKAB, it aimed to enhance the understanding of fraud in the banking industry and the threat posed by advances in information technology, and to help promote anti-crime messages and information security.

Over 250 senior managers from the banking industry attended the seminar. Guest speakers mainly came from the CCB, HKMA, HKCERT and Microsoft, and topics of discussion included cyber attack trends in financial crimes, money laundering, the dark side of e-commerce and the modus operandi of fraud.

Police Report No. 6
Issued by PPRB

Ends/ Thursday, February 19, 2009
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