AI, Technology & Data

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    Cybersecurity

    Australia Launches Cyber Resilience Service for Small Businesses

    By Thisanka Siripala | 24/10/2024

    The service, operated by IDCARE, will offer one‑on‑one assistance to help small businesses navigate cyber challenges and bolster their cyber resilience.

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    Data Privacy

    US CFPB Finalises Open Banking Rule, Giving Consumers Control Over Data

    By Nithya Subramanian | 24/10/2024

    The new rule aims to promote competition, improve services, and enhance privacy protections for consumers, but some banking groups have challenged it.

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    Cloud & Infrastructure

    Hong Kong Digital Banks Gaining Public Trust and Adoption: HKAB

    By Mark Johnston | 24/10/2024

    A recent survey by the Hong Kong Association of Banks reveals a surge in public trust and awareness of digital banks in the city.

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    Cloud & Infrastructure

    HKMA Launches Developer Platform for IADS Initiative

    By Manesh Samtani | 24/10/2024

    The platform provides test data and simulated APIs to facilitate collaboration between banks and tech firms to develop data-driven products and services.

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    Structural Regulation

    SFC to Consider Recommendations on Streamlining Workflows

    By Manesh Samtani | 24/10/2024

    In response to the latest report from the Process Review Panel, the SFC said it would explore expanding WINGS to the Corporate Finance Division.

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    AI Risk & Governance

    Australia DTA Releases Results of GenAI Trials in Government

    By Sanday Chongo Kabange | 24/10/2024

    The DTA says the insights obtained from the trial will inform the ongoing safe and responsible adoption of GenAI across the Australian public service.

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    Fraud, Scams & Cybercrime

    US Court Indicts Two Sudanese Nationals Linked to DDoS Attacks

    By Nithya Subramanian | 23/10/2024

    The two men operated and controlled Anonymous Sudan, a cybercrime group responsible for several DDoS attacks in the US and elsewhere.

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    Tokenisation

    FSB Chair Updates G20 on Work to Maintain Financial Stability

    By Manesh Samtani | 23/10/2024

    The FSB published a report on the financial stability implications of tokenisation and a progress update on the G20 Crypto-Asset Policy Implementation Roadmap.

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    Data Privacy

    Australia Publishes New AI Guidance Addressing Privacy Compliance

    By Editors | 22/10/2024

    The guidance includes information for developers that use personal information to train generative AI models.

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    Operational Risk

    APRA Publishes Template for Reporting Material Service Providers

    By Editors | 22/10/2024

    Regulated entities will use the template to provide their MSP register to APRA on an annual basis, as required by the new CPS 230 standard.

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