ASTRI’s Principal Engineer Mr. Scott Tse was invited to be a panelist in today’s HKIB seminar “Addressing the HKMA’s requirements for Cyber Security Risk Management”. At the panel discussion, Mr. Tse explained the role and importance of application security testing. Using an analogy of body check, Mr. Tse said, “Hacking activities to applications are like virus infection to the human bodies. A comprehensive ‘body check’ can identify hidden bugs in the applications and calls for the strengthening of defence system against potential threats. A poorly conducted application testing would promote a false sense of security that increases rather than lowers risks. Banks should hire experienced testers to conduct thorough application security tests.”
The panel discussion also explored the general application testing model used in Hong Kong, provided suggestions to improve existing threat landscape and shared the best practices in terms of people, process and system.
Mr. Scott Tse (2nd from right) explains the importance of application security testing.
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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; IoT Sensing and AI Technologies; and Intelligent Perception and Control 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. ASTRI has transferred about 1,600 technologies to the industry and has been granted close to 1,200 patents in the Mainland, the United States, 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.