The FSA will carry out inspections to verify the effectiveness of cyber security systems at FIs. Common issues and good practices identified will be shared with the industry.
February 22, 2022The upgrades are intended to address technical issues in the RBA's existing infrastructure, some of which is "facing obsolescence" and requires costly maintenance.
November 18, 2021Coinbase is working with law enforcement to support its investigation into the individuals behind the hack.
October 8, 2021The HKMA provides good practices banks can use to guard against different fraud scenarios when offering electronic direct debit authorisation services.
October 6, 2021With a KUA or sub-KUA licence, NBFCs will be able to authenticate client Aadhaar numbers using the e-KYC facility provided by UIDAI.
September 17, 2021The new rules allow banks to use biometric authentication methods to fulfill identity authentication requirements for internet-based applications.
September 10, 2021Lax attitudes towards security by consumers have made it increasingly important for banks to take advantage of digital identity systems and put in place robust security measures.
June 29, 2021The exposure draft proposes to impose additional requirements including on capital for e-money issuers that have "substantial market presence".
June 15, 2021To expedite the initiative, the European Commission has issued a recommendation for member states to establish a common toolbox by September 2022.
June 8, 2021In a new advisory, MAS highlights the key risks and control measures FIs should consider before adopting public cloud services.
June 4, 2021