Industry News: Cybersecurity

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...

2019-03-11

NikkeiAsianReview: Japan will work with dozens of other countries and organizations to create the Asia-Pacific's first alliance to fight cyberattacks, hoping to enhance the region's cybersecurity by enlisting Russia and China, Nikkei has learned. The move will involve members of the ASEAN Regional Forum, which includes Japan, the U.S., the E.U...

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2019-02-26

pymnts: A man in India tricked 12 people out of $250,000 with a scam involving a fake cryptocurrency named after the Indian version of the show “Who Wants To Be A Millionaire,” according to reports. Pritam Patil allegedly asked the victims to invest in the initial coin offering (ICO) of his “KBC Coin,” named after Kaun Banega Crorepati, a wildly popular Indian show...

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2019-02-13

SouthChinaMorningPost: Mary Huen Wai-yi, chairwoman of the Hong Kong Association of Banks (HKAB), said that as lenders have rolled out more digital banking services allowing customers to conduct transactions on their computers or smartphones, so the risks have multiplied. Her concerns are supported by figures from the Hong Kong Monetary Authority (HKMA), the city’s de facto central bank, which show cyberattacks on banks doubled last year. Online scams – including false banking websites, phishing emails and fake banking apps – reached 142 cases in 2018, a threefold increase from the 44 reported incidents in 2017 and a big leap from 35 a year before that...

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2019-02-06

Reuters: Hackers working on behalf of Chinese intelligence breached the network of Norwegian software firm Visma to steal secrets from its clients, cyber security researchers said, in what a company executive described as a potentially catastrophic attack. The attack was part of what Western countries said in December is a global hacking campaign by China’s Ministry of State Security to steal intellectual property and corporate secrets, according to investigators at cyber security firm Recorded Future..

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2019-01-11

tvnz: Poland has arrested a director at the Chinese tech giant Huawei and one of its own former cybersecurity experts and charged them with spying for China, authorities said Friday. The development comes as the US is exerting pressure on its allies not to use Huawei, the world's biggest maker of telecommunications network equipment, over data security concerns...

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2019-01-10 

Economic Times: Markets regulator Sebi Thursday put in place a robust and stricter cybersecurity framework for mutual funds and asset management companies (AMCs) to guard against breaches of data leak...

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2018-11-15

The Telegraph: The Japanese minister for cyber security was accused of making a mockery of his new role after he admitted he has never used a computer.

Yoshitaka Sakurada, 68, faced a wall of laughter from fellow legislators when he made the admission in a car-crash response to questioning in parliament.

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