Financial industry has become a key target. COVID-19 has become a panacea for cybercriminals, with 53 per cent of Incident Response (IR) professionals reporting an increase in cyberattacks exploiting COVID-19, according to VMware Carbon Black’s latest Global Incident Response Threat Report. China are behind most attacks, and the financial industry…
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Took over the position of CIO at HDFC in 2008. Anil Jaggia, former CIO at HDFC Bank, and a technology veteran has joined Cloud4C – a CtrlS company, as a strategic adviser for the banking practice. He will work closely with the organisation’s leadership team with a key focus on…
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Chinese 5G Smart Grid Project in 3GPP. China Telecom, together with 27 other members including China Southern Power Grid, State Grid, global carriers, Huawei, and other vendors, submitted the 5G smart grid project. Initiated in 3GPP R18, the project will define the standard E2E architecture of 5G smart grids for…
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Few countries have dedicated local bodies for sanctions enforcement. During COVID-19, the speed and frequency of change in economic and trade sanctions regimes from major international regulators has increased the complexity associated with financial crime and trade compliance, at a time when APAC organisational resources may already be stretched thin,…
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COVID-19 changed the way a global wine company supported staff across four continents. If Cloud was like wine, then the technology would also need to pass the three requirements of an acid test for successful cloud migration. This includes improved elasticity, scalability, and agility. Not many organisations expect to conduct…
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Strict requirements for compliance and reporting requires technology. The Victoria State Government Department of Jobs, Precincts and Regions (DJPR) has worked for the past 10 months with Salesforce to transform the grants experience and streamline administration. The administration of this grants’ portfolio has a huge undertaking with more than 10,000…
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Telco walks back claims of DoS attack, when its network went down on the weekend. Australian telecommunications provider, Telstra has walked back claims a severe outage on Sunday was due to a Denial of Service (DoS). In a Twitter message, the telco wrote: “The massive messaging storm that presented as…
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Customers can login using their SingPass via the mobile app. OCBC Bank’s 1.8 million digital customers will now be able to use the SingPass Mobile app as an alternative login to access the full suite of digital banking services via the OCBC Mobile Banking app or Internet banking. Using SingPass…
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Hires former Bank of Montreal CIO to run the new division. One of Australia’s big four banks Westpac has created a new group operating office, bringing together group operations and group technology, and has appointed Scott Collary to lead this division as chief operating officer (COO). Collary joins Westpac from…
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ACCC issues warning over rise in fake Australian Government impersonation. Australians are being urged to watch out for government impersonation scams with over AU$1.26 million lost from more than 7100 reports made to Scamwatch so far this year and in reality, losses are likely to be far greater. There has…
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