[HIGHLIGHTS] Hong Kong Privacy Office: Last year, “bottoming” cases dropped by nearly 60%, with nearly half involving money disputes

Hong Kong Privacy Office: Last year, “bottoming” cases dropped by nearly 60%, with nearly half involving money disputes. The number of data breaches involving hackers more than doubled from 29 the year before to 64 last year.

Lockbit (including 2.0 and 3.0) and BlackCat were relatively common hacker groups/ransomware last year, accounting for 6 and 2 reported cases respectively. The PCPD hopes that by disclosing this information, organizations will be aware of the potential risks and threats these hacker groups can pose to information security.