AI, Technology & Data

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.

KYC & CDD

Japan 's Nippon Life Uncovers Data Misuse as Regulator Intensifies Scrutiny of Insurers

By Nithya Subramanian | 18/09/2025

An internal review found staff seconded to banks accessed confidential sales information without authorisation, prompting the insurer to take disciplinary action.

Structural Regulation

BSP Proposes Stiffer Penalties in Reporting Governance Overhaul

By Sanday Chongo Kabange | 18/09/2025

The BSP has drafted new rules linking penalties to asset size and shortening submission deadlines for regulatory reports.

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.

Cloud & Infrastructure

GLEIF and IOTA Partner to Embed Digital IDs in DLT-Based Trade

By Editors | 18/09/2025

The collaboration will use the Legal Entity Identifier on a distributed ledger to streamline supply chain compliance and secure trade finance.

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.

Tokenisation

MAS to Promote Tokenisation, AI while Safeguarding Stability

By Nithya Subramanian | 17/09/2025

MAS will also back digital innovation and Asia’s low-carbon transition, while ensuring robust supervision in the financial system, said Deputy Prime Minister Gan Kim Yong.

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.