01/04/2021

Banks meet global cybersecurity standards

CBK described this standardization as one of the most prominent globally, saying it contributes to the assessment of expected risks and provides technical or operational solutions which contribute to the management of risks effectively and efficiently.

12/31/2020

Country, banking long overdue for cyberdefense upgrade

Cyberattacks cannot be treated as harmless games of “tag you’re it.” But figuring out just how to respond proportionally against countries like Russia, China, North Korea and Iran is a challenge that has been debated for decades.

12/16/2020

European Commission unveils new cyber-resilience rules

The new Cybersecurity Strategy aims to safeguard a global and open Internet, while at the same time offering safeguards, not only to ensure security but also to protect European values and the fundamental rights of everyone.

12/07/2020

CIBN Urges Banks to Strengthen Cyber-security

He urged banks to continue to reinforce their Risk Management Framework in tandem with government policies and urge the banks to consider conducting more market research on how customer needs might change in the Post COVID era.

11/23/2020

Fake Zoom invite cripples Aussie hedge fund with $8m hit

NSW police are investigating the matter as digital crime experts report a spike in attacks on hedge funds and private equity firms this year, as informal checks were weakened due to staff working at home as a result of the pandemic.