Press Releases

10.05.2019

HKUST Collaborates with China Everbright Bank to Nurture Cyber Security Talent

The School of Business and Management of The Hong Kong University of Science and Technology (HKUST Business School) joined hands with China Everbright Bank Hong Kong Branch (CEBHK) to organize the bank’s first academic-industry collaborated cyber security competition for students.

Amid the growing threats of cyber attacks, the competition “Cyber Defenders Challenge – Team Up for the Good Fight” aimed to promote cyber security awareness and provide an opportunity for students at HKUST to address some real-world threats faced by information security experts. 

The full-day event was held at HKUST on May 10, where IT experts from CEBHK were invited to provide training and share their real-life experiences in protecting their customers from hackers and compliance of best practices. Cybersecurity company Fortinet provided technical support for the competition.

Officiated at the kick-off ceremony, Prof. TAM Kar-Yan, Dean of the HKUST Business School, said, “Our School not only seeks to develop talent who are capable of supporting the city’s economic and social development, but also assist in addressing the new challenges that confront corporations in today’s digital economy. Thanks to the exceptional opportunity provided by CEBHK, our students were able to learn a different facet of problems faced by corporations - cyber risks.”

Mr Desmond Wu, Chief Risk Officer and Managing Director of China Everbright Bank, Hong Kong Branch, and Vice President of The Hong Kong Institute of Bankers, said, “The Hong Kong University of Science and Technology (HKUST) is a world-class university with first-class technology disciplines and top research institutions. CEBHK is delighted to collaborate with HKUST to carry out financial technology innovation cooperation and initiatives, to build a financial technology ecosystem integrating ‘production, study and research’, to promote the construction of a financial technology incubation platform, and to cultivate practical financial technology talents.”

The 20 two-member teams, recruited from across the University, were tasked to defend against a series of complex cyber and email attacks in a computer-simulated environment. The top three teams were rewarded with fabulous prizes and internship opportunities provided by CEBHK.

(Left) Mr Desmond Wu, Chief Risk Officer and Managing Director of China Everbright Bank, Hong Kong Branch, and Prof. TAM Kar-Yan, Dean of HKUST Business School, officiate the competition kick-off ceremony.
The competition attracts 40 students from across different schools at HKUST to participate.

About China Everbright Bank Hong Kong Branch

China Everbright Bank Hong Kong Branch (hereafter referred to as “CEBHK”) was founded in February 2013 and is a full licensed bank in Hong Kong. Headquartered in Beijing, China Everbright Bank was ranked 39th in the “Top 1000 World Banks” by the U.K. magazine The Banker in 2018. Leveraging on the strong capital positions and the extensive clienteles of China Everbright Group and China Everbright Bank, CEBHK base in the international financial market of Hong Kong, focusing on the wholesale banking business. CEBHK provide various services including corporate financing, syndicated loan, debt capital market products, FX products, interest rate products, trade finance, RMB services, etc. CEBHK also actively promote the cross-border business and offer full range of customized financial solutions.

HKUST Business School

Founded in 1991, the HKUST Business School is young, innovative and committed to advancing global business knowledge. The School has forged an international reputation for world class education programs and research performance, and has received many top global rankings. It is one of the first Asian business schools accredited by both AACSB and EQUIS. The School strives to contribute to the economic and social advancement of the region by developing future leaders who possess an innovative and entrepreneurial spirit as well as a strong sense of responsibility. We also take active steps to promote knowledge advancement in many significant business areas. For more information, please visit www.bm.ust.hk.

For media enquiries, please contact:

HKUST Business School

John Poon

Tel: (852) 3469 2090

Email:  johnpoon@ust.hk