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Industry News: ESG5

    Illegal Crypto Mining Attacks Surge in Singapore, Experts Blame COVID-19

    2020-06-03

    Cryptopolitan: From January to March, Kaspersky said it was able to block at least 11,700 cryptojacking attacks launched on computer systems in Singapore for illegal crypto mining. The total number of blocked attacks represents a threefold increment when compared to the cryptojacking attacks it blocked last year.

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    US Officially Warns China is Launching Cyberattacks to Steal Coronavirus Research

    2020-05-13

    CNN: The US Department of Homeland Security and the FBI issued a "public service announcement" Wednesday warning that China is likely launching cyberattacks to steal coronavirus data related to vaccines and treatments from US research institutions and pharmaceutical companies, calling it a "significant threat."

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    Interpol Leads Operation to Tackle Cryptojacker Infecting Over 20,000 Routers

    2020-01-09

    Yahoo Finance: International crime fighting agency Interpol has taken action to stem a plague of cryptocurrency mining malware afflicting computer routers across Asia.

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    Ghosts in the Clouds: Inside China’s Major Corporate Hack

    2019-12-30

    The Wall Street Journal: In one of the largest-ever corporate espionage efforts, cyberattackers alleged to be working for China’s intelligence services stole volumes of intellectual property, security clearance details and other records...

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    North Korean Hackers are Working with Eastern European Cybercriminals

    2019-12-11

    Reuters: North Korean state-backed hackers appear to be cooperating with Eastern European cybercriminals, a report here said, a finding that suggests digital gangsters and state-backed spies are finding common ground online.

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    How Investors Can Better Gauge Corporates’ Cyber Risks

    2019-11-07

    AsianInvestor: A lack of adequate cyber security can have a huge impact on investment performance, so asset owners should take action to minimise such risks within their portfolio companies, says a new report by two British pension funds, with clear implications for their peers elsewhere.

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    North Korean Hackers Allegedly Targeted Indian Space Agency

    2019-11-07

    ITPro: At least five critical Indian government agencies have been reportedly targeted by North Korean hackers in recent months, including its atomic regulatory board and space agency.

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    Chinese Hackers Intercepted Text Messages, Says Cybersecurity Firm

    2019-10-31

    Independent.IE: Chinese hackers with a history of state-sponsored espionage have intercepted the text messages of thousands of foreigners in a targeted campaign that planted eavesdropping software on a telecommunications provider’s servers, a cybersecurity firm has said.

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    Cyber Attack on Asia Ports Could Cost $110 Billion: Lloyd's

    2019-10-29

    Reuters: A cyber attack on Asian ports could cost as much as $110 billion, or half the total global loss from natural catastrophes in 2018, a Lloyd’s of London-backed report said.

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    Temasek Flags Challenges of Investing in Cybersecurity

    2019-10-24

    Asian Investor: With cybersecurity challenges set to keep mounting, investing into the area seems a sensible move, not least because it offers asset owners a potential inside track to protecting themselves.

    But Asia-based investors looking to do so face several hurdles, in addition to the high current valuations, something Singapore state investor Temasek is well aware of.

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