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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.
Cloud & Infrastructure
Korea to Develop Guidance on Mitigating Technology Risks
By Manesh Samtani | 04/04/2023
The guidelines are an action item from a new task force that was created after a data centre fire disrupted Kakao’s services last October.
Fraud, Scams & Cybercrime
NAB Introduces New Security Measure to Combat Scams
By Sanday Chongo Kabange | 31/03/2023
NAB customers may receive a prompt when engaging in unusual transactions, such as investing in crypto for the first time.
Fraud, Scams & Cybercrime
ACCC Warns of Rising Bank Impersonation Scams in Australia
By Editors | 30/03/2023
Scammers can make their calls and texts appear as part of the same conversation thread as legitimate messages from a bank, the ACCC warns.
Capital Adequacy
APRA Stress Tests Reveal Banking System Strength
By Editors | 28/03/2023
APRA chairman John Lonsdale shared findings from its latest banking stress test and reviews on cyber preparedness and resilience.
Cybersecurity
Australia Hit by New String of Cyber Attacks
By Editors | 27/03/2023
NGS Super, Crown Resorts and Latitude Financial Services have all disclosed this week that they were subject to cyber attacks.
Fraud, Scams & Cybercrime
US DOJ Arrests and Charges Founder of Hacker Forum
By Editors | 25/03/2023
BreachForums is one of the world’s largest marketplaces for hacked and stolen data and other contraband.
Fraud, Scams & Cybercrime
New Cybercrime Prevention Law Takes Effect in Thailand
By Editors | 19/03/2023
The law allows banks to temporarily suspend illicit bank accounts without having to wait for a fraud to occur.
Cybersecurity
Google Cloud Joins FS-ISAC’s Critical Providers Programme
By Editors | 17/03/2023
The partnership is intended to bolster supply chain security and foster transparency within the financial sector.
Supervision & Enforcement
Australian Regulators to Intensify Banking Sector Supervision
By Sanday Chongo Kabange | 17/03/2023
The CFR will monitor the fallout from the collapse of US banks through ‘intensive supervision’ of Australia’s banking system.
Cybersecurity
US SEC Proposes New Requirements to Address Cyber Risks
By Editors | 16/03/2023
The proposals will enhance cyber and technology risk management requirements for key entities that underpin the US securities market.
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