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Hong Kong executives lack AI and cybersecurity skills, report finds

By PulseAugur Editorial · [1 sources] ·

A new report from Grant Thornton Hong Kong indicates that executives at the city's largest listed companies are significantly unprepared for the AI era. The survey of 100 major firms found that fewer than 1% of directors possess dedicated AI or cybersecurity skills, despite a majority acknowledging these as principal business risks. This lack of technical expertise at the board level persists even after the Hong Kong Exchanges and Clearing introduced updated corporate governance standards. AI

IMPACT Hong Kong's business leaders are urged to prioritize AI and cybersecurity training to mitigate risks and adapt to the evolving technological landscape.

RANK_REASON The cluster consists of a single news item reporting on a survey's findings about the preparedness of Hong Kong executives for the AI era, which falls under commentary/analysis rather than a direct event.

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AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Hong Kong executives lack AI and cybersecurity skills, report finds

COVERAGE [1]

  1. SCMP — Tech TIER_1 English(EN) · Christina Zhao ·

    Hong Kong’s executives are ‘ill prepared’ for AI era, report finds

    Executives at Hong Kong’s largest listed companies have a severe lack of technological expertise, with fewer than 1 per cent of directors possessing dedicated artificial intelligence or cybersecurity skills, according to a new report by Grant Thornton Hong Kong. The firm’s 15th a…

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