Digi Telecommunications Sdn Bhd Partnership secures fraud detection

Malaysian digital market is seeing a disruptive digital transformation. Digi Telecommunications Sdn Bhd (Digi) plans to extend its fraud detection and identity coverage in Malaysia, with – TeleSign, a global leader in digital identity and programmable communications. The partnership will help to safeguard Digi’s mobile users against Account Takeover (ATO) through…

Read More

ESG regulatory requirements grow as source of risk, opportunity

Emerging risks monitor report reveals ESG disclosures increasingly top of mind for executives in Q2 2021. Regulatory risk related to environmental, social and governance (ESG) disclosures has rapidly risen to the second overall position in Gartner, Inc.’s latest Emerging Risks Monitor Report. ESG regulatory requirements present organizations with both notable risks…

Read More

MAS want FIs to adopt data analytics appropriate to the business

By Loo Siew Yee assistant MD (Policy, Payments & Financial Crime) at MAS. Technology can be a powerful enabler in the fight against money laundering. The right solutions support financial institutions, and I will refer to them as FIs, to more sharply and quickly detect higher risk customers and activities,…

Read More

Relentless change is creating more audit control caps

Raising organisational risk Audit organisations should improve their visibility into change but they should also strive to deploy audit resources faster a February 2021 survey of 200 audit business partners by analyst firm Gartner revealed, that over half (56 per cent) of respondents said they were facing more changes in…

Read More

MDEC hires Malaysian Anti Corruption Commission (MACC) officer for data integrity

Brings with him 22 years worth of experience in general investigation, prosecution, administration and forensic account investigation. The Malaysia Digital Economy Corporation (MDEC), Malaysia’s lead agency in digital transformation, today announced the appointment of Mohamad Zakkuan bin Talib as its Certified Integrity Officer to complete its ‘Reinvent’ mission, ensuring MDEC…

Read More

Developing the MVP for AI governance

Testing Framework aims to help AI system-owners and or developers . Singapore’s Infocomm Media Development Authority (IMDA) and the PDPC are working with like-minded partners to develop a credible Minimum Viable Product (MVP) that will allow industry to achieve greater transparency around AI systems, and enable organisations to deploy AI…

Read More

Singapore Government data incidents rise 44 per cent

Trends in number of government data incidents reported. The Smart Nation and Digital Government Office (SNDGO) has published the second update on the Government’s personal data protection efforts. This annual update is a key recommendation made by the Public Sector Data Security Review Committee (PSDSRC) in November 2019, to enhance…

Read More

Singapore Security and intelligence division launches official website

The website will help us to recruit Singaporeans from diverse backgrounds. The Security and Intelligence Division (SID), Singapore’s external intelligence agency under the Ministry of Defence, launched its official website (SID.GOV.SG). Established in 1966, SID works closely with government agencies to protect Singapore against external threats and to safeguard our…

Read More

Cross-border tools to boost Philippines’ digital competitiveness

NPC’s new initiative. The National Privacy Commission (NPC) has issued its first guidance on the adoption of tools which compliments data management and cross-border transfer standards across the Association of Southeast Asian Nations (ASEAN), a move that will help Philippine businesses unlock more gains in the fast expanding digital economy…

Read More