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, 2021BNM 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, 2019DTCC's Adrien Vanderlinden explores the biggest threats to financial stability 10 years after the financial crisis, and how Asia is responding to potential cyber-threats.
March 5, 2019Stockbrokers and depository participants will have to formulate a comprehensive cyber security and cyber resilience policy document in accordance with the guidelines by April 2019.
December 4, 2018Consultation to be issued "soon" on raising cyber resilience at financial institutions in Singapore; rules to include internal controls, independent reviews, authentication practices.
May 21, 2018New penetration testing framework establishes process for industry-wide cross-jurisdictional coordination on development and use of existing frameworks.
April 5, 2018