All posts tagged "Cyber Threat"
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388FeatureBNM Launches New Cyber Threat Intelligence Platform
FinTIP leverages machine algorithms and human experts to correlate, normalise, enrich, and sanitise contributed data to produce "real-time actionable intelligence".
October 4, 2021 -
1.4KHong KongHKMA Instructs Banks to Assess Need for Tertiary Data Backup
Banks are asked to critically assess the need to set up a secure tertiary data backup to guard against destructive cyber attacks.
May 19, 2021 -
623Market 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 -
820Market InfrastructureSFA, AMTD Partner to Establish Cybersecurity Centre in Singapore
The Centre will groom talent and raise awareness of the importance of cybersecurity among digital platforms, fintechs, financial institutions and other sectors.
September 7, 2020 -
1.1KAML / KYCUS Agencies Warn of North Korean ATM Cash-out Threat
The hacking team uses various techniques to gain access to banks' SWIFT terminals to enable wire fraud or their payment switch application servers to enable ATM cash-outs.
August 30, 2020 -
1.8KBig PictureSingapore Financial Sector Sees Increased Cyber Attack Frequency
In a VMware Carbon Black report, financial services firms cited a rise in attack frequency and sophistication, with custom malware the most frequently experienced attack.
July 24, 2020 -
1.2KInternationalFS-ISAC Launches Cyber Threat Intelligence Exchange Platform
The launch comes as cyber criminals look to leverage the uncertainty and panic around Covid-19 for financial fraud, scams, and other malicious activity.
May 13, 2020 -
3.1KAML / KYCUS Prosecutors Target Foreign Bank Records in North Korean Cyber Hunt
US authorities may be signalling their intent to increasingly use the PATRIOT Act to gain access to foreign bank records in DPRK sanctions investigations, says Nick Turner at Steptoe & Johnson.
May 5, 2020 -
1.1KAML / KYCUS Agencies Issue Alert on North Korea Cyber Threat
The advisory highlights the powers US agencies have to subpoena foreign FIs that maintain a correspondent bank account in the US to gain access to customer records stored overseas.
April 22, 2020 -
1.4KFintech / RegtechBNM to Set Up Cyber Threat Intelligence Platform
BNM governor says the platform will strengthen the financial industry’s capabilities to respond to cyber threats and help create a safe environment for innovation.
June 19, 2019
