MAS and ABS Announce Measures to Bolster the Security of Digital Banking

The growing threat of online phishing scams calls for immediate steps to strengthen controls. The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) are introducing a set of additional measures to bolster the security of digital banking, in view of the recent spate of SMS-phishing…

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Cloud computing spending in Australia to reach US$14.1bn in 2025

Cloud-based platforms and services continue to be a key element of this ongoing transformation. The total addressable market size for cloud computing in Australia, in terms of enterprise spending opportunity, is poised to reach $US14.1bn in 2025, supported by large-scale digital transformation initiatives taken up by businesses to counter pandemic-related…

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Omicron-led spike in COVID test-related phishing poses threat to businesses

Barracuda researchers observed that COVID-related phishing attacks jumped 667 per cent. A massive Omicron-led spike in COVID test-related phishing attacks in the past few months poses a serious threat to businesses, according to Barracuda Networks, a trusted partner and leading provider of cloud-enabled security solutions. In an analysis conducted between…

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