Cybersecurity

Cybersecurity

Korea Proposes to Ramp Up Penalties for Security Breaches at Crypto Firms

By Mark Johnston | 08/01/2026

Regulators propose punitive fines of up to 10 percent of revenue for security breaches and a bank-led model for won-backed stablecoins under upcoming Phase 2 legislation.

AI Risk & Governance

HK Regulators in Talks on Cross-Sector 'Fintech 2030' Plan - Report

By Manesh Samtani | 06/01/2026

HKMA to work with securities and insurance watchdogs on a new five-year plan focusing on AI, data, and tokenisation.

Cybersecurity

SEBI to Bolster Tech Strategy for MIIs, Develops AI Cyber Safety Tool

By Nithya Subramanian | 05/01/2026

SEBI plans a long-term technology roadmap for MIIs and to develop an AI tool to assess cyber resilience.

Cybersecurity

China’s Revised Cyber Law Enters into Force with Stricter AI, Penalty Rules

By Mark Johnston | 02/01/2026

Financial institutions face fines of up to CNY 10 million under a new tiered penalty regime effective 1 January.

Cybersecurity

Korea Eyes Bank-Like Data Security Rules for E-commerce Platforms

By Editors | 02/01/2026

The move comes as regulators probe Coupang’s forex transactions and vendor loans in the aftermath of a major data breach at the e-commerce giant.

Conduct, Culture & Accountability

South Korea to Ban 'Dark Patterns' in Online Financial Sales

By Manesh Samtani | 31/12/2025

The FSC has established detailed guidelines prohibiting 15 types of deceptive online sales tactics, effective from April 2026.

Custody & Infrastructure

Taiwan Sets New Cold Wallet Ratios, Certification Rules for Crypto Custodians

By Manesh Samtani | 31/12/2025

Regulators have set specific cold-to-hot wallet ratios and made international security certifications compulsory for virtual asset custodians.

Cybersecurity

Taiwan Launches Major Cybersecurity Overhaul for Financial Sector

By Sanday Chongo Kabange | 31/12/2025

New four-year blueprint mandates resilience-focused rules on governance, AI, and supply chains, linking cybersecurity performance to regulatory approvals.

Fraud, Scams & Cybercrime

India Arrests Former Coinbase Employee Over May Hacking Incident

By Sanday Chongo Kabange | 30/12/2025

Coinbase CEO Brian Armstrong confirmed the arrest by Indian police following a May security incident where hackers bribed overseas support staff.