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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.
Cybersecurity
Taiwan Regulator Asks Firms to Toughen Data Security
By Samuel Riding | 07/02/2017
Move comes after securities firm hacked, asked to pay ransom or face further attacks.
Operational Risk
Pakistan, World Bank Ink Technical Cooperation Agreement
By Samuel Riding | 30/01/2017
Cooperation to focus on risk-based supervision and cybersecurity.
Anti-Money Laundering
Bangladesh Central Bank to Install New SWIFT System
By Samuel Riding | 30/01/2017
New cybersecurity system aims to avoid ‘unwanted incidents’ in overseas payments.
Cybersecurity
HK Brokers Blackmailed by DDoS Attackers – SFC
By Samuel Riding | 27/01/2017
Regulator urges firms to implement anti-DDoS systems, warns on ‘reflective amplification’ attacks.
Cybersecurity
RBI Conducts Bank Hacking Test
By Samuel Riding | 24/01/2017
Exercise aims to determine countermeasures and enhance defences.
Cybersecurity
RBI Unit to Boost Cybersecurity
By Samuel Riding | 19/01/2017
Central bank unit seeking 39 staff for roles in cybersecurity, research and innovation, systems audit.
Anti-Money Laundering
Singapore – 2016 in Review
By Samuel Riding | 22/12/2016
MAS gained power as it sought to bolster Singapore’s reputation as a financial centre.
Cybersecurity
HKMA Implements Cybersecurity Programme
By Samuel Riding | 22/12/2016
Hong Kong banking industry can soon access Cyber Intelligence Sharing Platform
Cybersecurity
HKMA Develops Enhanced Cybersecurity Competency Framework
By Samuel Riding | 20/12/2016
Framework including continuing professional development to foster cybersecurity talent ..
Cybersecurity
Vietnam Drafts New Internet Banking Rules
By Samuel Riding | 19/12/2016
New rules aim to respect copyright, enhance client data security.
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