All posts tagged "data breach"
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371Big PictureNo Immediate Financial Stability Risks from Cloud Services: FSB
While no immediate financial stability risks have been identified, there may be new issues to consider given the scale of services provided via the cloud and the small number of globally dominant players.
December 10, 2019 -
896Asia-PacificData Privacy in Asia Pacific: A Fragmented Landscape
Asia's data privacy frameworks remain highly fragmented. But companies cannot be complacent about more onerous laws in other jurisdictions, says Sarah Pearce at international law firm Paul Hastings.
December 10, 2019 -
323AML / KYC
India’s Cabinet Approves Personal Data Protection Bill
Under the bill, major violations of data privacy norms can be penalised with jail terms, or monetary fines up to 150 million rupees or 4% of a company's worldwide turnover, whichever is higher.
December 6, 2019 -
608Fintech / RegtechBCBS Examines Evolution, Risks of Open Banking
While open banking has the potential to transform banking services and bank business models, greater attention must be paid to the risks that come with increased data sharing.
November 20, 2019 -
335Big PictureEffective Governance, Regulation Can Mitigate Cyber Risk: Moody’s
Regulators can help to mitigate the cyber threat by promoting contingency planning in banking and enabling information sharing among banks and regulators.
October 25, 2019 -
480EnforcementEquifax to Pay Up to $700m to US Authorities for 2017 Data Breach
The penalty amounts allocated to the consumer compensation fund represent less than 3 US dollars for each of the estimated 147 million consumers who had their data stolen in 2017.
July 24, 2019 -
805Hong KongHong Kong, Singapore Cooperate on Personal Data Protection
Hong Kong and Singapore’s data protection authorities have signed an MOU to strengthen cooperation on personal data protection.
June 12, 2019 -
1.8KContributed ArticleFor Cybersecurity Best Practice, Look to the Finance Industry
Security expert Pieter Danhieux discusses how firms can improve culture, training programmes and coding practices, to help the financial industry maintain leadership in cybersecurity.
March 14, 2019 -
1.7KFeatureInsurance a Critical Part of Cyber Risk Response – MAS
Only 6% of global cyber insurance premiums come from APAC, said MAS division head Elean Chin at the launch of a new report which reveals the inadequacy of cyber risk preparedness.
February 1, 2019 -
522InternationalIndia Tops Global Data Breach List For 2018 – Report
India, Vietnam and Australia were among the top five jurisdictions globally in terms of records exposed.
August 22, 2018
