ADVERTISEMENT
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.
Data Privacy
Australia Outlines Plan for Revamp of Consumer Data Right
By Manesh Samtani | 13/08/2024
Assistant Treasurer Stephen Jones said the CDR currently costs too much to implement, which has resulted in little takeup.
Fraud, Scams & Cybercrime
UN Committee Approves Global Cybercrime Treaty Despite Opposition
By Manesh Samtani | 10/08/2024
The UN Convention against Cybercrime still needs to be ratified by at least 40 nations at the General Assembly in the fall.
AI Risk & Governance
Google DeepMind Publishes Research on GenAI Misuse Tactics
By Nithya Subramanian | 09/08/2024
The researchers categorise GenAI misuse into two categories – exploitation of GenAI capabilities, and compromise of GenAI systems.
Fraud, Scams & Cybercrime
Australian Police Obtain New Intelligence on Crypto Scams
By Sanday Chongo Kabange | 08/08/2024
The AFP identified over 2,000 compromised crypto wallets belonging to Australians by participating in a global anti-scam initiative launched by Chainalysis.
Cybersecurity
BSP Unveils 5yr Financial Services Cyber Resilience Plan
By Sanday Chongo Kabange | 08/08/2024
The plan set out key goals, priority actions and milestones to be achieved between 2024 to 2029 to enhance industry resilience against cyber threats.
Anti-Money Laundering
HKMA Expands FINEST Platform to Ten Participating Banks
By Editors | 07/08/2024
HKMA’s Raymond Chan said the proposal to expand FINEST to allow sharing of personal account information received broad support.
Cybersecurity
HKMA Looks to Bolster Internal Cybersecurity Capabilities
By Manesh Samtani | 07/08/2024
HKMA is planning to deploy a new solution to help it identify “assets, vulnerabilities, and potential entry points that could be targeted by attackers” and manage its attack surface.
Cybersecurity
MAS Paper Warns FIs of Cyber Risks Arising from GenAI
By Ranamita Chakraborty | 04/08/2024
The paper focuses on deepfakes, GenAI-enabled phishing, AI-powered malware, data leakage and output manipulation.
Payments & Settlements
RBI Proposes New Framework on Digital Payments Authentication
By Ajoy K Das | 04/08/2024
The draft framework would require all digital payment transactions to be authenticated with AFA unless otherwise exempted.
Cloud & Infrastructure
BigTech Integration in Finance Poses Challenges: RBI Report
By Ajoy K Das | 03/08/2024
RBI report discusses BigTech in financial services, financial sector digitalisation, international payments initiatives and India’s CBDC.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.