Cyberport Hosts "AI x Cybersecurity Forum"
Exploring the Risks and Opportunities of AI Applications in Cybersecurity
HONG KONG SAR - Media OutReach Newswire - 14 May 2025 - Co-organised by Cyberport and the Hong Kong Cybersecurity Professionals Association, the 'AI x Cybersecurity Forum' took place today at Cyberport. Under the theme 'Navigate the Future of AI-Powered Cybersecurity,' the forum brought together over 400 government representatives, cybersecurity experts, leaders from academia and the technology industry to discuss the challenges that Artificial Intelligence (AI) poses to cybersecurity, regulatory policies, and data protection, as well as how AI-driven cybersecurity measures can more effectively combat emerging cyber threats.
Chenhong Mu, Deputy Director of Information Centre, Liaison Office of the Central People's Government in the HKSAR (fifth from the right, front row), Ir Tony Wong, JP, Commissioner for Digital Policy, Digital Policy Office (fourth from the left, front row), Dr Rocky Cheng, Chief Executive Officer of Cyberport (fifth from the left, front row), Prof Cao Jiannong, Vice President, Hong Kong Cybersecurity Professional Association (third from the left, front row), and other guests jointly officiated the opening of the 'AI x Cybersecurity Forum'.
Ir Tony Wong, JP, Commissioner for Digital Policy, Digital Policy Office, stated, 'Artificial intelligence is rapidly evolving. As we embrace the broader landscape of technological development, it is essential to integrate cybersecurity with innovative technologies to address the challenges of this new era. The government is committed to promoting the application of AI while strengthening governance. Through the 'Ethical Artificial Intelligence Framework' and the recently announced 'Guidelines for Generative Artificial Intelligence Technology and Applications in Hong Kong', we provide practical guidance for developers and users, aiming to balance innovation, application, and responsibility in AI. We look forward to collaborating with various sectors to develop and apply AI technology in a safe and responsible manner, fostering the widespread advancement of AI in Hong Kong.'
Dr Rocky Cheng, Chief Executive Officer of Cyberport, stated, 'As the digital era rapidly advances, cybersecurity challenges are growing increasingly severe. While the widespread adoption of AI introduces new cyber threats, it also enhances our defensive capabilities. As Hong Kong's digital tech hub and AI accelerator, Cyberport is committed to advancing cybersecurity development. By nurturing cybersecurity start-ups and collaborating with various sectors to launch different activities and training programmes, we aim to raise cybersecurity awareness among businesses and individuals. At the same time, we are bringing together leading technology security companies from the Mainland and overseas to promote relevant technological innovation and facilitate technical exchanges, all with the goal of building a comprehensive cybersecurity ecosystem. Moving forward, we will continue partnering with industry leaders to harness AI for cybersecurity solutions, building a safer and smarter Hong Kong.'
The forum featured insights from several leaders across various sectors, including Prof Li Hui, Emeritus Professor, Peking University, Adjunct Professor, Fuyao University of Science and Technology, Raymond Lam, Chief Superintendent of Police, Cyber Security and Technology Crime Bureau, Hong Kong Police Force, and Prof Wang Cong, Professor and Head, Department of Computer Science, City University of Hong Kong. They discussed the latest challenges and developments in cyber defence and attack. Prof Li Hui shared his views on cybersecurity and the challenges of developing large AI models. Meanwhile, Raymond Lam pointed out that the Cyber Security and Technology Crime Bureau is currently using AI to analyse the authenticity of images and videos generated by deepfake technology, which also serve as evidence in police investigations. The bureau also collaborates with research experts and employs a government-business-academia-research ecosystem to combat cybercrime and strengthen cyber defence capabilities.
The forum featured multiple panel discussions on how governments and institutions can improve cybersecurity policies in light of the growing prevalence of AI applications, how the banking and healthcare sectors can balance security with innovation, and how to leverage AI to enhance information protection. One notable discussion, moderated by Stanley Wong, Chief Information Security Officer at Cyberport, focused on 'AI Against AI'. In this session, technology leaders examined innovation solutions, such as AI threat models, to prevent and mitigate emerging cyber attacks driven by AI, thereby protecting company assets. Another panel moderated by Dr Crystal Fok, Director of AI Application at Cyberport, brought together cybersecurity experts from the Hong Kong Monetary Authority, the Hong Kong Hospital Authority, and the Digital Policy Office to explore how to leverage AI to enhance information protection. They emphasized the importance of collaboration among stakeholders to foster a balance between innovation and governance. The discussions also explored how stakeholders can build more resilient digital governance frameworks through comprehensive security concepts, enhanced education, and risk management.
As Hong Kong's digital tech hub and AI accelerator, Cyberport is committed to building a robust and secure AI ecosystem. Following its first collaboration with international organisations in February to host the 'AI Safety, Trust, and Responsibility' Forum, which promoted the joint effort to build a trustworthy and responsible AI ecosystem, this forum once again demonstrated Cyberport's commitment to advancing secure and trustworthy AI development. Notably, Cyberport has achieved significant milestones in building the AI ecosystem, including the launch of Hong Kong's largest Artificial Intelligence Supercomputing Centre (AISC) last year, and the establishment of the AI Lab as a platform for technology demonstrations, and commercial applications, fully supporting AI start-ups from R&D to market entry. Furthermore, the HKSAR Government has allocated HK$3 billion to Cyberport to implement a three-year AI Subsidy Scheme, which includes subsidising eligible entities on the use of computing power of the AISC to continuously inject impetus into the local AI development.
Currently, Cyberport brings together around 400 AI and data science start-ups, attracted several leading AI enterprises, and has facilitated collaborations with major tech firms. By leveraging their expertise in computing power development, large model construction, algorithms, data science, and industry applications, Cyberport supports innovation, research, and application across various segments of the AI ecosystem, driving industrial development and helping position Hong Kong as an international hub for the AI industry.
Hashtag: #Cyberport
The issuer is solely responsible for the content of this announcement.
About Hong Kong Cyberport
Wholly owned by the Hong Kong Special Administrative Region (HKSAR) Government, Cyberport is Hong Kong's digital tech hub and AI accelerator, with a vision to empower industry digitalisation and intelligent transformation, to promote digital economy and AI development, and to foster Hong Kong to be an international AI, innovation and technology (I&T) hub. Cyberport gathers over 2,200 companies, including 5 listed companies and 7 unicorns. One-third of onsite companies' founders come from 26 countries and regions, while Cyberport companies have expanded to over 35 global markets.
Cyberport, with Hong Kong's largest AI Supercomputing Centre and AI Lab as the engine, has been building the AI ecosystem with industry-leading AI companies and around 400 AI and data science start-ups. Through development of tech clusters, namely AI, data science, blockchain and cybersecurity, Cyberport empowers industries across smart city and government, banking and finance, digital entertainment, culture and tourism, healthcare, education and training, property management, construction, transportation and logistics, green environment and more, while hosting Hong Kong's largest FinTech community. Commissioned by the HKSAR Government, Cyberport has implemented proof-of-concept and sandbox schemes, subsidisation for digital tech adoption, industry tech training and start-up incubation, to drive technology R&D, translation and commercialisation, thus propelling digital transformation and intelligent upgrade across industry and society.
Also as Hong Kong's key incubator, Cyberport supports entrepreneurs with funding and office space, extensive networks of enterprises, investors, technology corporations and professional services for business growth and expansion to Mainland China and overseas markets, all-round facilitation for landing in Hong Kong, talent attraction and cultivation, ready as a launchpad to take start-ups in any stages of development to the next level. For more information, please visit https://www.cyberport.hk/en
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
13 minutes ago
- Business Wire
Angel or Adversary: Deep Instinct Research Highlights the Double-Edged Sword of AI in Cybersecurity
NEW YORK--(BUSINESS WIRE)-- Deep Instinct, the preemptive data security company built on the first and only AI-based deep learning framework for cybersecurity, today released the sixth edition of its Voice of SecOps Report, which delves into the growing influence of AI in business, with a focus on its impact on Security Operations (SecOps). While AI adoption is accelerating, the findings uncover a more complex reality: security teams are limited by knowledge gaps, inconsistent implementation, and mounting operational pressures as they face an increasingly treacherous, AI-driven threat landscape. The research, ' Cybersecurity & AI: Promises, Pitfalls – and Prevention Paradise,' found that nearly three-quarters (72%) of organizations have revised their cybersecurity strategies over the past year due to AI, and a whopping 86% have increased their use of AI within SecOps. Despite the investments, two-thirds of respondents were confused about fundamental AI definitions, with 38% unable to differentiate between machine learning and deep learning – signaling an alarming knowledge gap in the industry. Additional key findings from the report include the following: AI-Powered Cyber Threats Drive a Focus on Prevention As cybercriminals build and adopt AI tools, the nature and scale of attacks have drastically evolved and expanded. Nearly half (46%) of organizations experienced an uptick in targeted phishing attacks, while 43% reported deepfake impersonation attempts. Attacks on local or cloud storage were also a growing concern, cited as a top risk by 83% of respondents, second only to phishing (84%). In response to these AI-powered attacks, 82% of organizations say they have shifted toward a prevention-first security strategy, with 64% noting a direct push from the C-suite to adopt more proactive defense measures. Benefits of AI in Cybersecurity Roles Are Clear, Yet It Unexpectedly Contributes to Burnout SecOps teams appear to be reaping the benefits of AI, with 76% stating it makes their roles easier while saving security teams an average of 12 hours per week on manual processes. However, while GenAI may be simplifying some aspects of SecOps workloads, nearly 70% of security professionals believe AI also contributes to burnout. Regulatory complexity adds another layer of strain, with 32% citing difficulties in keeping up with increasing AI-related policies, and an additional 37% fearing AI-related regulations are a financial penalty waiting to happen. Preemptive Data Security: The New Imperative In the face of mounting threats, operational burnout, and AI confusion, preemptive data security – a subset of Gartner's recently introduced preemptive cybersecurity market category – offers a definitive path forward. By harnessing the power of deep learning to prevent threats before they execute, organizations will reduce risk, ease the burden on SecOps teams, and stay ahead of relentless adversaries. 'The traditional 'detect and respond' cybersecurity model is broken – it's reactive, expensive, and no match for AI-powered threats,' said Lane Bess, CEO of Deep Instinct. 'To win this fight, cybersecurity teams must shift from chasing threats to preventing them. Preemptive data security – powered by deep learning, the most advanced form of AI – is the only way for SecOps teams to regain control and stay ahead of adversaries.' To get the full report and download past Voice of SecOps reports, please visit s. Then register for our webinar, Cybersecurity & AI: Promises, Pitfalls – and Prevention Paradise (2025 Voice of SecOps Research), to learn about the top findings from this year's report. Survey Methodology Sapio Research surveyed 500 senior cybersecurity experts from companies with 1000+ employees in the U.S. The interviews were conducted online in April 2025 using an email invitation and an online survey. Respondents worked at organizations that operated in either financial services, technology, manufacturing, retail, healthcare, public sector, or critical infrastructure (such as telecoms, energy, utilities, and transportation). For this specific report, the C-suite is defined as those who hold chief, global, head of department, or director roles, while reports are those who hold a manager, administrator, analyst, team lead, or officer role. About Deep Instinct Deep Instinct, the first and only preemptive data security company built on a deep learning cybersecurity framework, prevents unknown threats in <20 milliseconds, 750X faster than the fastest ransomware can encrypt. Deep Instinct Data Security X (DSX) secures data at-rest or in-motion – across cloud, NAS, applications, and endpoints. DSX Brain, Deep Instinct's deep learning framework, prevents zero-day threats that no one else can find, with >99% accuracy and a <0.1% false positive rate. DIANNA, the DSX Companion, leverages GenAI to provide unparalleled explainability into unknown threats in <10 seconds. For more, visit
Yahoo
13 minutes ago
- Yahoo
ETFs to Bet On as NVIDIA Reclaims Market Cap Crown
NVIDIA NVDA reclaimed the position of the world's most valuable company, boasting a market capitalization of $3.45 trillion. The AI darling surpassed Microsoft MSFT, after a meteoric run driven by unrelenting demand for its artificial intelligence (AI) hardware. The milestone isn't just a symbolic victory. It signals a deeper shift in how investors are valuing the future of technology, placing AI infrastructure at the very core (read: NVIDIA Reclaims $3 Trillion: ETFs to Bet On). Since bottoming at just over $94 in early April, NVIDIA stock has soared nearly 50%, adding over $1 trillion in market cap in less than two months. That rally was supercharged by robust first-quarter earnings, continued strength in AI chip demand and major expansion with U.S. export restrictions limiting sales to China, NVIDIA has managed to accelerate delivery of its cutting-edge Blackwell AI servers to core customers like Microsoft and other hyperscalers. This is not just resilience, it's strategic dominance. Though the AI darling lagged the Zacks Consensus Estimate, it reported record-breaking revenues largely driven by a booming data center business and incredible demand for its latest AI chips. Data Center revenues, which account for much of NVIDIA's revenues, jumped 73% year over year to $39.1 billion (read: ETFs to Buy After NVIDIA's Q1 Earnings Miss, Record Revenues). The demand for NVIDIA's AI chips, especially for large cloud providers and AI supercomputing, continues to surge. NVIDIA is building factories in the United States and working with its partners to produce AI supercomputers. NVIDIA CEO Jensen Huang said, "Countries around the world are recognizing AI as essential infrastructure – just like electricity and the internet – and NVIDIA stands at the center of this profound transformation." Its chief financial officer, Colette Kress, said that Microsoft has 'deployed tens of thousands of Blackwell GPUs and is expected to ramp to hundreds of thousands' of the company's GB200 product, due largely to its partnership with OpenAI. NVIDIA is also accelerating its global expansion. It recently announced plans to build AI factories in the United States and Saudi Arabia and launched the Stargate UAE AI infrastructure cluster in Abu Dhabi. Furthermore, NVIDIA has expanded collaborations with major cloud providers, including Oracle, Google, and Microsoft. Its Blackwell-based cloud instances are now available on AWS, Google Cloud, Microsoft Azure and Oracle Cloud Jensen Huang revealed the company is considering the development of a new AI chip designed specifically for the Chinese market. The move comes in response to expanded U.S. government export controls that have effectively blocked the sale of NVIDIA's H20 chips — part of its high-performance Hopper series — to China. With the massive gains, NVIDIA is back in positive territory for the year, gaining 5%. The stock is currently trading at a P/E ratio of 32.40, slightly lower than 32.80 for the Semiconductor - General industry. Analysts remain optimistic about the chipmaker's growth prospects, citing strong demand for AI chips and strategic international partnerships. Further, the stock is currently trading at a PEG ratio of 1.15, much lower than the industry average of 2.18. The lower the PEG ratio, the better the value, as investors would pay less for each unit of earnings. While there are many ETFs in the space that could capitalize on the solid growth of NVIDIA, we have highlighted those that have the largest allocation to the AI chipmaker. Strive U.S. Semiconductor ETF (SHOC) – NVIDIA exposure: 23.3%VanEck Vectors Semiconductor ETF (SMH) – NVIDIA exposure: 21.5%VanEck Fabless Semiconductor ETF (SMHX) - NVIDIA exposure: 21.2%YieldMax Target 12 Semiconductor Option Income ETF (SOXY) - NVIDIA exposure: 19.8%Columbia Select Technology ETF (SEMI) - NVIDIA exposure: 17.6% Risk-aggressive investors could bet on single-stock ETFs with 200% exposure to NVIDIA. These include the T-REX 2X Long NVIDIA Daily Target ETF NVDX and the GraniteShares 2x Long NVDA Daily ETF NVDL (read: Guide to the 10 Most Popular Leveraged ETFs). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Microsoft Corporation (MSFT) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Associated Press
21 minutes ago
- Associated Press
Reddit sues AI company Anthropic for allegedly 'scraping' user comments to train chatbot Claude
Social media platform Reddit has sued the artificial intelligence company Anthropic, alleging that it is illegally 'scraping' the comments of Reddit users to train its chatbot Claude. Reddit claims that Anthropic has used automated bots to access Reddit's content despite being asked not to do so, and 'intentionally trained on the personal data of Reddit users without ever requesting their consent.' Anthropic didn't immediately return a request for comment Wednesday. The claim was filed Wednesday in the Superior Court of California in San Francisco. 'AI companies should not be allowed to scrape information and content from people without clear limitations on how they can use that data,' said Ben Lee, Reddit's chief legal officer, in a statement Wednesday. Reddit has previously entered licensing agreements with Google, OpenAI and other companies to enable them to train their AI systems on Reddit commentary. Those agreements 'enable us to enforce meaningful protections for our users, including the right to delete your content, user privacy protections, and preventing users from being spammed using this content,' Lee said.
