11/17/2020
BSP and MAS are committed to working together and with other countries and authorities to promote an environment in financial services that fosters the development of the global economy.
11/17/2020
Bank uses security-by-design principles and conducts red-teaming exercises among other measures to fend off cyber breaches
11/17/2020
Pre-pandemic, many banks were already headed on a path toward digital migration.
11/09/2020
Fraudsters claim to be from trusted institutions such as central bank or Public Investment Fund
11/08/2020
Of particular importance is how information is communicated during the life of a transaction.
11/03/2020
The results of the review show that the banking industry is strongly supportive of the CFI.
11/02/2020
After that, they persuaded citizens to transfer money through an application or an ATM to a “special” account, ostensibly in order to close a loan or save money from fraudsters.
10/30/2020
The bank said on Tuesday that it wants to hire an IT director following technical changes in migrating the bank’s systems and a hacking.
10/26/2020
It is therefore about time that citizens are taught about the importance of being cyber secured.
10/26/2020
It is emerging that fraudsters are seriously preparing for such calls and are actively using social engineering methods. In 37% of cases, they mentioned the correct name and surname of the person whom they called.
10/22/2020
She said this in a speech delivered on her behalf by Mr Alexander K. K. Abban, Deputy Minister of Communication at a forum with industry players on the impact of COVID-19 on the private sector.
10/21/2020
The uncertainty over post-Brexit amendments in regulations, climate change concerns and the COVID-19 pandemic has contributed to the rise in demand for cashless banking.
10/20/2020
Data from the Australian Cyber Security Centre (ACSC) found cyberattacks on Australian businesses are costing the economy $29 billion a year.
10/20/2020
Fraudsters implement social engineering tactics to separate you from your money
10/20/2020
People are still the primary risk to data loss or an information security breach, so keep up the training and education particularly around fraud and social engineering, and reinforce the care required around unknown emails, fake emails or websites.
10/18/2020
Cases concerning personal data breaches made up 77% of that total amount.
10/14/2020
Adoption of e-commerce and digital financial services has seen accelerated growth in the country but the concurrent rise in cyber frauds necessitate multi-level awareness.
10/13/2020
“Enhancing capacity to understand, identify and mitigate cyber risks on the part of operators, regulators, security agencies, and the entire national eco-system."
10/13/2020
Challenger banks works with fintech to support its anti-money laundering efforts
10/09/2020
The COVID-19 pandemic has forced financial services firms to abruptly change the way they work now – and in the future.