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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
SWIFT to Beef up Spending on Security
By Samuel Riding | 15/06/2016
Board earmarks investment and staff to boost security after Bangladesh heist.
Cybersecurity
Regulators’ Cybersecurity Expectations Lack Clarity – Hogan Lovells
By Samuel Riding | 06/06/2016
Law firm says it is unclear what benchmarks Hong Kong and Singapore will use.
Cryptocurrency
Philippines Moots ‘Hard Regulations’ for Bitcoin
By Samuel Riding | 04/06/2016
Central bank official says exchanges currently seen as equivalent to remittance providers.
Cybersecurity
RBI Tells Banks to Implement Cybersecurity Plans
By Samuel Riding | 03/06/2016
Financial institutions told to put plans in place immediately, categorise their level of risk.
Trading & Investment
SEBI to Increase Broker Monitoring, Issue HFT Regulations
By Samuel Riding | 27/05/2016
Regulator sets out priorities for 2016/17 including de-listing of 4,200 firms.
Cybersecurity
SWIFT to Reinforce Security
By Samuel Riding | 25/05/2016
Messaging service has had security questioned since Bangladesh Bank scandal.
Cybersecurity
HKMA Launches Cybersecurity Initiative
By Samuel Riding | 19/05/2016
Programme to cover cyber resilience assessment, professional development and information sharing.
Cybersecurity
JP Morgan Restricts SWIFT Access
By Samuel Riding | 18/05/2016
Bank takes precaution after security breaches related to Vietnam and Bangladesh banks.
Data Privacy
Taiwan Approves International Mobile Payment Operators
By Samuel Riding | 13/05/2016
Apple Pay among group of providers approved by cabinet despite regulator’s concerns about data security.
Cybersecurity
IOSCO Issues Cyber Risk Study
By Samuel Riding | 07/04/2016
Report explores approach to cyber risks of Singapore and Australian regulators.
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