Industry News: ESG5

2019-08-06

MAS: The Monetary Authority of Singapore (MAS) today issued a set of legally binding requirements to raise the cyber security standards and strengthen cyber resilience of the financial sector. The Notice on Cyber Hygiene sets out the measures that financial institutions must take to mitigate the growing risk of cyber threats.

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2019-07-15

The Straits Times: The entire public service will have to conform to a common framework to safeguard citizens' personal data, beginning with 13 new measures developed after a spate of breaches in the past year.

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2019-07-02

The Economic Times: India and Japan have decided to collaborate in the areas of cybersecurity and outer space as part of their growing security partnership in the Indo-Pacific region, a development that comes in the backdrop of increasing violation of social media platforms by extremists and India’s successful Anti-Satellite Weapons (ASAT) test. 

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2019-06-25

Bloomberg: Cyber attackers that appear linked to the Chinese government infiltrated at least 10 global telecommunications carriers over several years and stole customer data, a Boston-based research firm said. There is a “high degree of certainty” that a team acting on behalf of China was involved and sought to take communications data related to specific individuals, Cybereason said in a June 25 report. The breach involved tools and techniques consistent with those used by a group identified as APT10, it said...

2019-06-18

BusinessInsider: 2018 was a great year for cybercrimes, and it doesn’t look like the numbers are going to fall anytime soon. A report by the Cyber Security Agency of Singapore (CSA) has revealed that a total of 6,179 cybercrime cases were reported in 2018, an increase from 5,351 in 2017. The report, released on Monday (June 17), revealed that cybercrimes accounted for about 19 per cent of the overall crime in Singapore last year...

2019-05-26

ItWire: China has unveiled new cyber security regulations calling for "secure and controllable" technology in its networks, raising the possibility that it could be used to block American technology companies on national security grounds. A report in the South China Morning Post said the draft document, Cyber Security Review Measures, had been published by the country's Cyber Space Administration on Friday and would be up for comment until 24 June...

2019-05-10

Silicon UK: New malware from North Korea used to raise much needed funds has been identified by FBI and DHS Authorities in the United States have this week identified malware allegedly from North Korea, which is said to be part of that country’s hacking program to raise funds from targets aboard. The malware, dubbed ‘ElectricFish’, was identified by both the FBI and Department for Homeland Security (DHS)...

2019-04-09

CSO:  More than 150 Hongkongers have been bilked out of HK$2.7 million (US$340,000) in WhatsApp scams this year, with creative fraudsters devising new ways to use the popular messaging service. Police on Monday said that the amount of defrauded money was up 50 per cent from last year, even as the number of WhatsApp victims fell by more than 40 per cent...

2019-03-29

ZD Net:  Japanese car maker Toyota announced its second data breach today, making it the second cyber-security incident the company acknowledged in the past five weeks. While the first incident took place at its Australian subsidiary, today's breach was announced by the company's main offices in Japan...