Hong Kong, March 2024 – In February 2024, C2 Computer experienced a fraudulent incident resulting in a capital loss of HKD 800,000. The company has taken immediate action to mitigate risks and reinforce internal safeguards.

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Key Details:

  • Incident Type: Sophisticated financial fraud (e.g., invoice scam, credit card transfer fraud)
  • Response:
  • Engaged cybersecurity & forensic accounting experts
  • Reported to Hong Kong Police (Case #ERC2403281021451)
  • Implemented multi-layer approval protocols for transactions
  • Preventive Measures:
  • Enhanced employee fraud awareness training
  • Stricter vendor verification processes
  • Real-time transaction monitoring systems

Business Continuity:

  • No impact on client services or infrastructure operations
  • Insurance claims filed to recover partial losses
  • 2024 growth strategy remains unchanged

While this incident is regrettable, it has prompted critical improvements to our financial governance. We remain fully operational and committed to transparency,” stated [Edwin Mak], [General Manager].

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Additions for Stakeholder Communications:

  1. Client Version: Emphasize zero service disruption and strengthened client data protections.

  2. Investor Briefing: Detail financial contingency plans and long-term risk mitigation.

  3. Media Statement: Focus on corrective actions and industry collaboration against fraud.

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