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flag Hong Kong SMEs face rising costs and cyber risks but look to AI for productivity gains.

flag Hong Kong SMEs are grappling with rising costs and cyber risks, with 59% facing higher expenses and lower profits. flag Despite these challenges, 57% are using AI to boost productivity, though concerns about AI-related threats are growing. flag Cyber risk awareness is up, with 52% of SMEs fully informed, and 43% now purchasing cyber insurance, up from 39% last year. flag The top reasons for buying insurance include covering data breach costs, hiring security experts, and paying for legal services.

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