Cybersecurity

    Reporting on regulatory requirements, enforcement actions, and best practices to safeguard financial institutions and markets against cyber threats, data breaches, and vulnerabilities through proactive measures.

    Stablecoins

    South Korea Bank Stablecoin Pilot Adopts Post-Quantum Security

    By Manesh Samtani | 08/05/2026

    A Korean bank-led stablecoin proof-of-concept is using post-quantum cryptography, setting a potential new security benchmark for digital currency projects.

    Cybersecurity

    ASIC Calls for Urgent Cyber Uplift as AI Accelerates Threats

    By Sanday Chongo Kabange | 08/05/2026

    ASIC has issued an open letter directing licensees and market participants to strengthen their cyber defences against AI-accelerated threats.

    DeFi & Web3

    DeFi Sector Faces Investor Exodus After High-Profile Hacks

    By Manesh Samtani | 07/05/2026

    Nearly USD 14 billion has been withdrawn from the DeFi space following major hacks that have raised security concerns.

    Cybersecurity

    Singapore Steps Up Oversight of AI-Driven Cyber Risk

    By Nithya Subramanian | 07/05/2026

    MAS has met with financial institution leaders to drive collective action against escalating AI-enabled cybersecurity risks, while the CSA has written to CII owners.

    Cybersecurity

    SEBI Forms Task Force to Tackle AI-Driven Cyber Risks

    By Nithya Subramanian | 06/05/2026

    The regulator has established the 'cyber-suraksha.ai' task force and issued a detailed advisory for market entities to counter emerging threats from advanced AI tools.

    Fraud, Scams & Cybercrime

    Hong Kong Launches Collaborative Anti-Fraud Platform

    By Sanday Chongo Kabange | 06/05/2026

    A new cross-sector alliance has launched a digital platform to combat rising fraud, enabling intelligence sharing between the public and institutions.

    Cybersecurity

    Korea FSS Recommends 4.5-Month Ban for Lotte Card Over Data Breach

    By Editors | 05/05/2026

    The FSS has recommended a lengthy business suspension and a fine following a major customer data breach, with a final decision pending.

    Fraud, Scams & Cybercrime

    Sri Lanka Treasury Heist Probe Widens Amid Second Fraud, Official’s Death

    By Manesh Samtani | 04/05/2026

    The USD 2.5 million cyber heist revealed deep-seated vulnerabilities and a second, similar fraud at another state entity.

    Cybersecurity

    Korea's FSS to Intensify Cyber Drills, Introduce AI Red Teaming

    By Mark Johnston | 04/05/2026

    Regulators will double the frequency of unannounced mock hacking exercises and introduce new tests for vulnerabilities in generative AI services.

    Data Privacy

    Japan’s FSA Orders MetLife to Report on Data Breach Scandal

    By Editors | 01/05/2026

    The regulator has demanded a full report from MetLife Japan after its seconded employees improperly took customer data from several partner banks.

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