All APAC articles – Page 4
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Video
Addressing Insider Threat: People, Process and Technology View, A Perspective for CISOs in APAC (Sponsored by Microsoft)
Insider risks are one of the top concerns of security and compliance professionals, and industry studies have shown that insider risks are often associated with specific user events or activities.
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News
EU-South Korea data protection adequacy decision one step closer
The European Union and South Korea have confirmed there is a high degree of convergence between their data protection regulations, paving the way for an adequacy decision which would allow the free flow of personal data between them.
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Executives ‘underestimate cyber threat’ say security decision-makers
Executives’ assumption that cyber security is “easy” and threats and problems are overstated emerged as the greatest frustration of senior IT and security decision makers in a survey of 900 companies in the Asia-Pacific region.
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Cyber attacks hit Australian government and broadcaster
Some Australian government systems were shut down and the country’s Channel Nine TV station went off the air temporarily after cyber-attacks over the past three days. It is unclear if the incidents are connected.
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Chinese bank fined for major data protection failings
The China Banking and Insurance Regulatory Commission has ordered China Citic Bank to pay RMB4.5m ($690,000, €581,000) in penalties for what the regulator termed major violations of banking laws and regulations.
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First ever North Korean extradited to US to face money laundering charges
A North Korean national will be tried in the United States over allegations he laundered $1.5 million through American banks as part of a scheme to provide luxury goods to the Asian country in breach of sanctions.
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India seeks to stop WhatsApp privacy rule changes
The Indian government has filed a lawsuit in Delhi High Court to restrain WhatsApp from implementing a new privacy policy.
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Two arms of Australian government at risk of cyber attack
Australia’s prime minister and cabinet office and attorney-general departments are vulnerable to cyber security incidents because they have not fully implemented key mitigation strategies, auditor-general Grant Hehir has warned in a report.
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Australian data latest to be compromised in Microsoft Exchange Server attacks
The Australian Cyber Security Centre (ACSC) has identified extensive targeting and confirmed compromises of organisations with vulnerable Microsoft Exchange servers.
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Scope widened for New Zealand privacy inquiry into police photography
Scope widened for New Zealand inquiry into police photography practice
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Webinar
How to leverage APEC Accountability Agents for your organization’s global privacy and governance
With data volumes growing across borders and industries, everyone benefits from being able to demonstrate compliance with internationally recognized privacy and security measures.
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News
Malaysia Airlines passengers’ data compromised for almost a decade
Personal details of Malaysia Airlines’ Enrich frequent flyer programme members were exposed in a security breach via a third-party IT service provider lasting from March 2010 through to June 2019, it has emerged.
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Singapore sets up programme to combat supply-chain cyber risk
The government in Singapore is to set up a programme to help organisations who run the city state’s critical information infrastructure (CII) to better manage their supply chain’s cyber-security risks
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China-linked cyber group ‘targeted Indian power sector’
An investigation by US cyber-security company Recorded Future has found a cyber-campaign by RedEcho, a threat activity group with links to China, targeted the Indian power sector.
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New Zealand issues first formal warning to a real estate agency chain under updated AML law
New Zealand’s Department of Internal Affairs has issued a formal warning to a large real estate agency chain.
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Data of 3.3m cash-loan app users ‘sold online’
Email addresses and other information about 3.3m clients of money-lending app Cashalo in the Philippines is being offered for sale on the dark web, a preliminary investigation by the Philippine National Privacy Commission (NPC) has shown.
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Indonesia set to expand AML regulation for fintechs
Indonesia will soon approve a regulation to stem money laundering and terrorism financing by requiring more financial technology companies to report suspicious transactions, the head of its financial intelligence agency has said.
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Malaysia to set up cyber security test lab
A 5G cyber security test lab will be launched in Malaysia to cover Internet of Things (IoT) and telecommunications security, plus improving readiness in responding to 5G-related cyber-attacks, says communications and multimedia minister Datuk Saifuddin Abdullah.
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Further $853m fraud reported at troubled Indian housing finance company DHFL
Indian finance company Dewan Housing Finance Corporation Ltd (DHFL) has reported a further fraud worth Rs 6,182 crore (around $850m) to the stock market.
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South Korea to bolster cyber security infrastructure
The ministry of science and ICT (information and communication technology) in South Korea says it will develop infrastructure to quickly respond to an increasing number of cyber security threats the country faces.