HKMA and HKUST cooperate to improve cyber security in Hong Kong finance.

The business and business schools of Hong Kong Monetary Authority (HKMA) and Hong Kong University of Science and Technology (HKUST BUSINESS SCHOOL) have begun cooperation to strengthen cyber security measures in the Hong Kong finance sector. The announcement announced on May 29, 2025 is developing great development to solve the evolving cyber threats that cause danger to financial stability.

Strategic framework for cyber security innovation

Signed between the two institutions, MOU (Memorandum of theing) sets a strategic framework for collaboration efforts aimed at the development of applied cyber security research. This partnership is designed to develop actual applications, raise awareness of emerging threats, as well as to foster special talent for continuous development of the financial industry.

Focus on SUPTECH and RegTech solutions

The core elements of collaboration are the exploration of innovative supervision and regtech solutions. HKMA aims to use cutting -edge technologies, such as the latest large language models, to improve supervision and to improve cyber security in the financial sector. Active participation with financial institutions will guarantee that research is not related to the current and future tasks.

Leader

Carmen Chu, the managing director of HKMA, emphasized an important role in cyber security in the digitalization of banking services. She said that partnerships will effectively deal with the evolving cyber threats using HKMA’s academic abilities and HKMA’s supervisory knowledge to protect Hong Kong’s financial integrity.

HUI KAI-Lung, the dean of HKUST Business School, expressed his passion for collaboration, emphasizing the potential to co-develop an influential solution that solves the actual cyber security problem and contributes to the resilience of Hong Kong’s financial ecosystem.

For more information, visit the official HKMA website.

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