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.

    Operational Risk

    HKMA Issues Guidance on Operational Resilience Good Practices

    By Sanday Chongo Kabange | 02/04/2026

    The circular details best practices in ICT, cyber, and third-party risk management ahead of the May 2026 implementation deadline.

    Cryptocurrency

    Google Warns Quantum Threat to Crypto Is Closer Than Expected

    By Manesh Samtani | 01/04/2026

    New whitepaper details lower resource estimates for breaking cryptography and urges immediate migration to PQC standards for all vulnerable blockchains.

    Cybersecurity

    Bangladesh Sets 2026 Deadline for New Cybersecurity Framework

    By Mark Johnston | 01/04/2026

    The central bank has issued a mandatory framework for banks and payment firms, requiring a CISO, 72-hour incident reporting, and NIST-aligned controls.

    Operational Risk

    BNM Targets Cyber Risk, Consumer Credit in Latest Stability Review

    By Manesh Samtani | 01/04/2026

    Bank Negara Malaysia’s latest stability review outlines new measures for operational resilience, consumer credit, and insurance, while affirming the health of the financial system.

    Cybersecurity

    Bangladesh Bank Sets New Rules for Partner Network Connectivity

    By Manesh Samtani | 31/03/2026

    BB has issued new guidelines for financial institutions connecting to its extranet, mandating new security and operational standards by year-end.

    Cybersecurity

    Hong Kong Amends Security Law to Compel Password Disclosure

    By Manesh Samtani | 30/03/2026

    New rules introduce jail time for non-compliance and expand customs' powers, prompting concern from legal experts and a US diplomatic alert.

    Fraud, Scams & Cybercrime

    Bangladesh Bank Staff to be Charged Over Decade-Old Cyber Heist

    By Nithya Subramanian | 30/03/2026

    Investigators have identified nearly 70 suspects, including bank insiders, in the 2016 SWIFT network breach.

    Payments & Settlements

    RBI Releases Payments Vision 2028, Proposes Shared Fraud Liability

    By Nithya Subramanian | 30/03/2026

    The RBI plans to make beneficiary banks partly liable for fraud, review cross-border rules, and potentially bring major digital platforms under direct oversight.

    Payments & Settlements

    New 2FA Framework for Digital Payments Set to Take Effect in India

    By Manesh Samtani | 30/03/2026

    The new rules, effective 1 April 2026, shift liability for fraud to financial institutions and move away from a sole reliance on OTPs.

    Cybersecurity

    Korea to Ramp Up Penalties for Late Cyber Incident Reporting, Illegal Spam

    By Mark Johnston | 30/03/2026

    New amendments introduce fines of up to six percent of sales for spam violations and increase penalties for delayed cyber incident reporting for companies.

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