150 WhatsApp hijacking cases occurred in Hong Kong in two weeks, causing virtual currency companies to lose HKD 4 million

The Hong Kong police have reported receiving over 150 cases of WhatsApp account hijacking in the past two weeks, resulting in a total loss of over HKD 15 million. One of the virtual currency exchange companies' employee accounts was hijacked, and scammers impersonated customer representatives to induce the company to transfer cryptocurrency, resulting in the company losing over HKD 4 million. The police suggest using two factor authentication and verifying remittance information over the phone.