Cybersecurity

Fraud, Scams & Cybercrime

South Korea Expands 24/7 Hotline as Voice Phishing Scams Surge

By Nithya Subramanian | 21/09/2025

South Korea has expanded its voice phishing hotline as AI-driven scams surge, with new tactics such as “self-confinement” fraud raising police concerns.

Cybersecurity

FSS Korea Demands CEO Accountability After Lotte Card Data Breach

By Mark Johnston | 19/09/2025

FSS Korea governor warns of “zero-tolerance” and severe penalties for cybersecurity failures following a string of hacking incidents.

Cybersecurity

Taiwan FSC Urges Firms to Buy Cybersecurity Insurance

By Sanday Chongo Kabange | 19/09/2025

The FSC has highlighted a steady rise in cyber insurance uptake, with the semiconductor industry leading as the top buyer.

Cybersecurity

MAS Warns of Growing Deepfake Cyber Threats to Financial Sector

By Nithya Subramanian | 19/09/2025

New paper outlines the growing cyber threats posed by deepfakes to the financial sector, urging FIs to strengthen their defences against fraud and misinformation.

Cybersecurity

India Mandates Cybersecurity Audits for All Crypto Exchanges

By Nithya Subramanian | 18/09/2025

Cybersecurity audits will be mandatory for exchanges seeking registration with the FIU. CERT-In has been designated as the overseeing agency.

Cybersecurity

China Advances Legal Reforms on Cybersecurity, Bankruptcy, Green Finance

By Mark Johnston | 18/09/2025

Beijing’s top legislature is reviewing draft laws that will impose tougher cybersecurity penalties, overhaul corporate bankruptcy proceedings and establish a national carbon market.

Fraud, Scams & Cybercrime

North Korean Hackers Use ChatGPT to Create Fake IDs for Phishing Attacks

By Nithya Subramanian | 17/09/2025

A new report revealed that North Korea’s Kimsuky hackers used AI to forge a fake South Korean military ID in a phishing campaign.

Cybersecurity

China Rolls Out Stricter Cybersecurity Incident Reporting Rules

By Editors | 16/09/2025

The new rules, effective 1 November, establish strict, tiered deadlines and specific financial and data-loss thresholds.

Emerging Prudential Risks

RBA, APRA Detail Plans for Building 'Anti-Fragility' into Financial System

By Sanday Chongo Kabange | 15/09/2025

RBA and APRA officials have outlined their approaches to bolster resilience against geopolitical and technological risks faced by the financial sector.