Cybersecurity

Cybersecurity

Singapore’s IMDA Warns Against Use of OpenClaw AI Agent

By Nithya Subramanian | 18/05/2026

IMDA has issued guidance advising against deploying the popular open-source AI agent in mission-critical environments due to significant security risks.

Cybersecurity

Japan Holds First Meeting of New Taskforce on AI Cyber Threats

By Manesh Samtani | 18/05/2026

The regulator brought together banks, government bodies and major AI firms to counter risks from new models.

Data Privacy

Korean Police Probe Kakao Pay Over Data Transfer to Alipay

By Mark Johnston | 15/05/2026

The investigation follows a referral from the FSS, which has already fined Kakao Pay over KRW 12.9 billion for the breaches.

Cybersecurity

Japan Megabanks to Gain Access to Anthropic's Mythos AI to Bolster Cyber Defences

By Mark Johnston | 15/05/2026

New public-private working group will develop countermeasures as top banks prepare to use the powerful, restricted cybersecurity model.

Structural Regulation

Australia Proposes to Expand Central Bank's Information Sharing Powers

By Sanday Chongo Kabange | 14/05/2026

New regulations will allow the RBA to share protected information with domestic cyber security, border, and debt management agencies.

Credit Risk

Bangladesh Bank Issues Framework for Digital Lending

By Nithya Subramanian | 13/05/2026

The central bank has authorised banks to offer small, short-term ‘e-loans’ through a fully digital process, subject to detailed operational and risk management requirements.

AI Risk & Governance

China Issues New Framework to Govern AI Agents

By Mark Johnston | 12/05/2026

New rules aim to balance innovation with security, setting clear guidelines for AI agent development and application across various key sectors.

Fraud, Scams & Cybercrime

Indonesia, Australia Deepen Ties to Combat 'Systemic' Scam Risk

By Sanday Chongo Kabange | 12/05/2026

OJK reveals over 530,000 fraud cases, outlining a new four-pillar strategy and enhancing cross-border cooperation to tackle the growing threat.

Cybersecurity

IMF Warns of Systemic Risk from AI-Fuelled Cyberattacks

By Manesh Samtani | 11/05/2026

The IMF is urging a ‘resilience-first’ policy response as advanced AI models amplify cyber threats to the global financial system.