Cyber Security Research & Practice Platform For Financial Services | ASTRI - Hong Kong Applied Science And Technology Research Institute Company Limited

Project Title:

Cyber Security Research & Practice Platform for Financial Services

Project Reference:

ART/208CP

Project Type:

Project Period:

20160101 - 20170630

Funds Approved (HK$’000):

20761

Project Coordinator:

Dr Edward Lor

Deputy Project Coordinator:

Deliverable:

1. Platform software development a. Security-related software: i Security research & eventual integration into the set of Diagnostic/Experiment Tools ii Integration of cyber security tools into the platform, b. Management suite for managing the research & practice platform, infrastructure and experiments c. Training suite d. Application Program Interface (API) for specific applications 2. Customized hardware for the cyber security platform a. Two isolated networks, for research and practices b. Combination of Virtual Machines and physical servers c. Client devices 3. Dissemination a. Development of hands-on practices related to up-to-date cyber security techniques b. Training sessions on the cyber security implementation and a final report * Elaborations on the deliverables are added in the attachment "Supplement.pdf".

Research Group:

Dr Duncan Wong Dr Christina Chan Dr Joe Chan Mr Vincent Wong Mr Patrick Wu Ms Adele Wang Mr Roman Plasil Mr Daniel Yeung Dr Michelle Hong Mr Asa Chan Dr Lu Yun Zhao Mr Jackson Chen Ms Kary Ho Mr Alex Ho Mr Zhen Liu Ms Karen Leung Mr Au Wing Hei Mr David Chan Mr Andrew Sze Mr Ken Yau

Sponsor:

Hong Kong Police Force

Description:

In the past five years, cyber and technology crime has increased 3-fold in Hong Kong. Online businesses and financial institutes are particularly susceptible to it with costly consequences. In collaboration with the financial industry and Hong Kong Police Force (HKPF), ASTRI will develop a research and practice platform of cyber security, for the purposes of investigating cyber crime of local flavor, research on resolutions and training of cyber security professionals. The advanced investigative platform for finance-related cyber crime and well-trained law enforcement personnel are necessary for Hong Kong to become a secure financial centre. It will also elevate Hong Kong to become a leader in the region to deal with finance-related cyber crime.

Co-Applicant:

Keywords:

More about ASTRI

Hong Kong Applied Science and Technology Research Institute (ASTRI) was founded by the Government of the Hong Kong Special Administrative Region in 2000 with the mission of enhancing Hong Kong’s competitiveness through applied research. ASTRI’s core R&D competence in various areas is grouped under five Technology Divisions: Advanced Electronic Components and Systems; Artificial Intelligence and Trust Technologies; Communications Technologies; Innovative Mind; and IoT Sensing and AI Technologies. It is applied across six core areas which are Smart City, Financial Technologies, New Industrialisation and Intelligent Manufacturing, Digital Health, Application Specific Integrated Circuits and Metaverse.

Over the years, ASTRI has nurtured a pool of research, I&T talents and received numerous international awards for its pioneering innovations as well as outstanding business and community contributions. As of 2023/24, ASTRI has transferred more than 1,500 technologies to the industry and has been granted over 1,100 patents in the Mainland, the US, and other countries.

As a Hong Kong R&D centre, one of ASTRI’s important goals is to help customers harness business opportunities from the thriving technology market and increase their competitive strengths. Customers and partners can improve their efficacy by drawing on ASTRI’s expertise and research achievements.