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Industry News: ESG5

    China exempts Hong Kong listings from finalised cybersecurity review rules for offshore IPOs, analysts say

    2022-01-04

    South China Morning Post: China’s regulators will exempt Hong Kong from the rigid cybersecurity review process for all initial public offerings (IPOs) in foreign markets by companies with the personal data of at least 1 million customers, according to analysts’ reading of the finalised regulations published.

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    Alibaba Admits It Was Slow to Report Software Bug After Beijing Rebuke

    2021-12-23

    BNN Bloomberg: Alibaba Group Holding Ltd. conceded it was slow to report a major vulnerability in widely used software because it was unaware of its severity, a day after China’s tech industry overseer suspended cooperation on cybersecurity with the online retail giant.

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    Crypto Exchange Bilaxy Loses $21M in Hack

    2021-08-31

    PYMNTS:  Hong Kong cryptocurrency exchange Bilaxy was the victim of a hack that compromised a hot wallet on its platform and saw the transfer of 295 ERC-20 tokens, worth more than $21 million, to a single wallet on Sunday (Aug. 29). 

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    Singapore, US Pledge Deeper Collaboration In Cybersecurity

    2021-08-23

    ZDNet: Singapore and the US have inked a series of memorandums of understanding (MOUs) to widen their collaboration in cybersecurity across defence, financial, and research and development.

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    More Than $90 Million in Cryptocurrency Stolen After a Top Japanese Exchange is Hacked

    2021-08-19

    CNBC: Japanese cryptocurrency exchange Liquid said Thursday it has been hit by a cyberattack that saw hackers make off with a reported $97 million worth of digital coins.

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    U.S. and Canada Blame China for Microsoft Exchange Hack Earlier This Year

    2021-07-19

    CBC: The United States, Canada, and numerous other nations formally blamed China on Monday for a massive hack of the Microsoft Exchange email server software and accused Beijing of working with criminal hackers in ransomware attacks and other cyber operations.

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    Didi Cybersecurity Probe Blindsides Shareholders Days After Debut

    2021-07-05

    Investing: Chinese regulators have gained a reputation for aggressive action, but even hardened investors were shocked by the announcement of a probe into ride-hailing firm Didi just two days after its $4.4 billion New York stock market debut.

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    UK and Singapore Mark a New Era of Financial Services Cooperation

    2021-06-30

    Yahoo Finance: The UK and Singapore announced the launch of a new Financial Partnership at the sixth UK-Singapore Financial Dialogue that was held virtually today. The Dialogue was chaired by Director General (Financial Services) of HM Treasury (HMT), Ms Katharine Braddick, and Deputy Managing Director (Markets and Development) of the Monetary Authority of Singapore (MAS), Mr Leong Sing Chiong. 

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    Japanese Government Agencies Suffer Data Breaches After Fujitsu Hack

    2021-05-27

    Bleeping Computer: Offices of multiple Japanese agencies were breached via Fujitsu's "ProjectWEB" information sharing tool. Fujitsu states that attackers gained unauthorized access to projects that used ProjectWEB, and stole some customer data.

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    China Behind Another Hack As U.S. Cybersecurity Issues Mount

    2021-04-21

    NBC News: China is behind a newly discovered series of hacks against key targets in the U.S. government, private companies and the country’s critical infrastructure, cybersecurity firm Mandiant said.

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