My finance expertise was no defence against online scammers
SCMP Tech / 5/1/2026
💬 OpinionSignals & Early TrendsIdeas & Deep AnalysisIndustry & Market Moves
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...
Continue reading this article on the original site.
Read original →Related Articles

Black Hat USA
AI Business

Red-teaming a network of agents: Understanding what breaks when AI agents interact at scale
Microsoft Research Blog

How PolySignals Works: Full Breakdown of Its AI Signal Engine
Dev.to

AI-Powered Prediction Market Signals: The Complete Polymarket Trading Guide for 2026
Dev.to

AI Agent Orchestration & Applied LLMs: Code Search, Workflow Optimization, Document Processing
Dev.to