All posts tagged "Cyber risk"
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111Australia & NZAustralia Super Industry Calls for Better Cybersecurity Standards
The industry is overwhelmingly in favour of introducing baseline cybersecurity standards and improving the regulatory framework to address industry-specific risks.
February 17, 2021 -
200FeatureUPDATED: Over 100 Financial Firms Targeted by Single DDoS Attacker
According to FS-ISAC, retail banking was the top target, accounting for 41% of the attacks, followed by exchanges at 15% and payments at 13%.
February 11, 2021 -
166Big PictureHK Bank Profitability Suffers, Loan Quality Deteriorates
HKMA deputy chief executive Arthur Yuen says banks will continue to face challenges this year as Hong Kong suffers its worst recession on record.
February 5, 2021 -
151AML / KYCBSP Updates VASP Rules to Align with FATF Requirements
The updated rules also bring into scope virtual asset custodians, introducing a $1mn minimum capital requirement for such businesses.
January 28, 2021 -
149Fintech / RegtechOECD Paper Identifies Regulatory Issues in Asset Tokenisation
As markets for tokenised assets develop and grow in size, so too will the need to safeguard investors, consumers and financial stability.
January 27, 2021 -
829Contributed ArticleSeven Takeaways from MAS’ Technology Risk Management Guidelines
The amended guidelines represent a firm step towards further strengthening the defences of Singapore’s financial ecosystem, placing the industry in good stead for the post-Covid economic recovery.
January 25, 2021 -
416Market InfrastructureMAS Raises Expectations on Technology Risk Management
The revised guidelines set out higher expectations for FIs in technology risk management, including for assessments of third-party suppliers.
January 19, 2021 -
330Big PictureCovid-19 Has Changed the Cyber Threat Landscape: BIS
During the pandemic, there was a strong link between the prevalence of work-from-home arrangements and the incidence of cyber attacks, particularly at financial institutions.
January 15, 2021 -
138InternationalORX Launches Central Hub to Facilitate Cyber Risk Management
The central hub allows cyber and information security risk management professionals to collaborate, exchange ideas and learn from each other’s practices.
January 13, 2021 -
625Asia-PacificPhilippine SEC to Mandate New Cybersecurity Rules for Capital Markets
Regulated entities will have to create a separate Information Security Group and appoint a Chief Information Security Officer.
December 21, 2020
