East Asia & Pacific · GDP rank #24

Hong Kong

HK · HKD @ 0.1276/USD

Tab 06

Fraud & security

Headline fraud totals and typology splits, the rollout of EMV chip, tokenisation, 3DS and biometrics, and the controlling data-protection and payments statutes.

APP fraud escalation driven by Cambodia/Myanmar call-centre ring targeting Hong Kong professional class; HKMA launched Scameter HKPF-integrated warning system 2024.

Reported payment fraud · 2024

1.4B HKD +18% vs prior year

Card-not-present share

82%

3DS adoption on CNP

96%

Trend lines

What's growing fastest

Where a full typology breakdown is not published, the authorities typically disclose year-on-year growth in specific scam categories. Authorised push-payment (APP) scams and account-takeover fraud are the canonical “wallet era” concerns in most markets.

  • Card-not-present share82%
  • APP scam growth YoY+42%
  • Account takeover growth YoY+24%

Controlling regulation

Personal Data (Privacy) Ordinance (PDPO)

Amended 2021 to add anti-doxxing provisions; PCPD is supervisory authority

Office of the Privacy Commissioner for Personal Data (PCPD)

Payment Systems and Stored Value Facilities Ordinance

Cap 584 — HKMA's licensing regime for payment systems and SVF issuers

HKMA