Ransomware and long-term economic effects from COVID-19 are top issues for auditors in 2022. Ransomware and the long-term effects of COVID-19 on markets and organisations are key items to cover in 2022 audit plans, according to Gartner. The Gartner 2022 Audit Plan Hot Spots report also identified evolving societal expectations…
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Targeting businesses with bait attacks
35 per cent of businesses targeted by bait attacks. Bait attacks launched via Gmail and other free email services could be making businesses in Asia-Pacific vulnerable to targeted phishing attacks and other threats, according to Barracuda, a trusted partner and leading provider of cloud-enabled security solutions. Taking in more than…
Read MoreInvestment holdings data included in SGFinDex
SGFinDexas spurred financial planning among participating bank customers. The Monetary Authority of Singapore (MAS) and the Smart Nation and Digital Government Group (SNDGG) has launched the second phase of the Singapore Financial Data Exchange (SGFinDex). Individuals can now view information on their investment holdings at The Central Depository (CDP) as…
Read MoreUS Security agencies release guidance for 5G
Key cybersecurity guidance to configure 5G cloud infrastructure. The National Security Agency (NSA) and the Cybersecurity and Infrastructure Security Agency (CISA) have published cybersecurity guidance to securely build and configure cloud infrastructures in support of 5G. Security Guidance for 5G Cloud Infrastructures: Prevent and Detect Lateral Movement is the first of a…
Read MoreEmbracing technology and innovation in compliance and risk management
Are we truly becoming more knowledgeable to new and emerging risks? Organisations are collecting more data – the foundation of any decision making — because of improving technologies, changing business needs, to satisfy regulatory requirements and to enhance risk management capabilities in our institutions. According to Damien Pang executive director…
Read MoreEnterprise security spending in Australia to increase
Will increase at 6.7 per cent CAGR over 2020-2025. The total addressable market size of IT security in Australia, in terms of enterprise spending, is set to grow at a CAGR of 6.7 per cent to reach $US3.5bn in 2025, led by continued rise in enterprise managed security service investments,…
Read MoreNew cyber guard for Australian Government data
Taking steps to protect valuable data and thwart cybercriminals and other malicious actors. Through the Australian Cyber Security Centre (ACSC) the Government is enhancing the protection of government networks by blocking connections to malicious websites that contain threats, including ransomware, malware and other cyber dangers. The Australian Protective Domain Name…
Read MoreThe most sought after technology hires in Japan
Security was an important issue in Japan’s digital environment.. A recent survey of Japanese companies by recruitment firm Hays, has found that 45 per cent said that hiring strategies affect productivity improvement across the company. Other benefits of the recruitment strategy included customer experience (26 per cent), product quality (19 per cent),…
Read MoreChina’s cyber security ambitions could fall short due to labour shortage
Tremendous gap between the demand and supply for talents in the data security industry. Digitalisation is leading China’s high economic growth as a new engine. And with the support of emerging technologies such as 5G, AI, cloud computing, IoT (Internet of Things), blockchain, and big data, China’s digital industry is…
Read MoreWays to strengthen security in IT supply chains, online banking, and blockchains
Represents more than half of all ICT investment by 2024. The Monetary Authority of Singapore’s (MAS) Cyber Security Advisory Panel (CSAP) , comprising of experts in cyber security from around the world, provided insights on how MAS and financial institutions (FIs) can bolster their cyber defences. The Panel supported the…
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