Singtel establishes the files accessed during cyber attack

Files on the Accellion FTA system were accessed illegally during the breach and which stakeholders have been impacted. Singtel has completed its initial investigations into a recent breach on a third-party file sharing system and has begun reaching out to affected stakeholders. Based on investigations and analysis conducted so far…

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Standard Chartered adds new CISO to beef up security

Hires Singapore-based CISO for Digital Ventures. Media outlets have reported that Standard Chartered has hired Jerome Walter as its Singapore-based chief information security officer (CISO) for digital ventures. According to various reports Walter unit, SC Ventures, provides a platform for the bank to promote innovation, invest in disruptive financial technology and…

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Singapore’s cyber risk surveillance

Monetary Authority of Singapore states there’s an analytical approach to assess and monitor cyber risk to the financial sector Cyber risk is an emerging source of systemic risk in the financial sector, and possibly a macro-critical risk too. It’s therefore important to integrate it into financial sector surveillance. According to…

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Singtel’s internal file sharing provider suffered cyber security attack

Accellion’s file sharing system called FTA has been illegally attacked. Singaporean multinational telecommunications conglomerate Singtel has been informed by its third-party vendor Accellion that it has suffered a cyber attack. According to Singtel, Accellion’s file sharing system called FTA has been illegally attacked by unidentified hackers. This is a standalone…

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Deloitte Roundtable: Extinction level events: how ransomware has changed disaster preparedness

Sponsored content: Thursday, 12th November 2020, Asia Pacific If you were to ask any cybersecurity professional about the most alarming malware trends today, chances are ‘ransomware’ would be one of the first things they would be keen to talk about. This type of malware can aptly be described less as…

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Bank and financial services cyber security landscape 2021

Compromised payment card information or online banking credentials are often sold to third parties in underground black markets at a fraction of its face value. The banking and financial services sector is one of the most important targets for cybercriminals. Banks and financial institutions safeguard incredibly sensitive data of users…

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How to harden Linux workstations and servers

Control which applications are allowed (or denied). The Cyber Security Centre (ACSC) has released a strategy to help mitigate cyber security incidents on Linux workstations and servers. According to the ACSC Implementing application control within Linux environments can be achieved using the File Access Policy daemon (fapolicyd). The fapolicyd framework…

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ICT leaders in financial services see increase in cyber attacks

Global financial services CISOs and CIOs have seen increased cybersecurity attacks since Covid-19. Large financial services firms have suffered a cyber-attack in the last 12 months, according to new research from data security provider HelpSystems. The research shows 65 per cent of global FS firms suffered an attack. It also…

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