My finance expertise was no defence against online scammers

SCMP Tech / 5/1/2026

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Key Points

  • The author argues that even years of financial-crime education and training did not prevent them from being targeted and scammed online.
  • They note that Hong Kong police efforts against cybercrime are strong, but AI-driven scams are increasing and causing large losses across the public.
  • The article questions why the author’s defenses failed, including whether the private setting reduced their guard.
  • The scam ultimately ended without direct financial harm to the author, but it highlights that others were victimized instead.
  • Overall, the piece suggests that the scale and sophistication of AI-assisted fraud are outpacing traditional awareness and training alone.
Hong Kong police do a good job in combating cybercrime, but artificial intelligence (AI) is now driving a tsunami of losses with even the most savvy of individuals getting scammed. As a finance professional, I have attended courses about financial crime for decades, supported by continuous annual training. So how was I still taken in recently? Was my guard lower because it was in a private capacity? The scam thankfully concluded with no adverse results – only because people had fallen victim...

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My finance expertise was no defence against online scammers | AI Navigate