Microsoft identifies threat actor as NOBELIUM. The Microsoft Threat Intelligence Center (MSTIC) has detected nation-state activity associated with the threat actor tracked as NOBELIUM, attempting to gain access to downstream customers of multiple cloud service providers (CSP), managed service providers (MSP), and other IT services organisations (referred to as “service providers”…
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Analysts talk to CIOs in Australian and New Zealand Organizations to discuss 2022. Seventy-three percent of Australian and New Zealand (A/NZ) CIOs said cybersecurity will be their biggest technology investment in 2022, as greater regulation and threats increase leadership focus on security, according to Gartner, Inc.’s annual global survey of…
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Top emerging risk facing organisations. The threat of “new ransomware models” was the top concern facing executives in the third quarter of 2021, according to Gartner, Inc.’s latest Emerging Risks Monitor Report. Concerns about ransomware topped pandemic-related concerns, including supply chain disruptions, according to the survey of 294 senior executives across…
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A financial penalty of S$13,500 was imposed. The Personal Data Protection Commission Singapore has imposed a fine on SAP Asia for failing to put in place reasonable security arrangements to protect personal data of its former employees. This resulted in an unauthorised disclosure of the personal data to unintended recipients.…
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Continued rise in security breach incidents at enterprises. The total addressable market size of enterprise security in Singapore, in terms of spending opportunity, is poised to reach about US$2.2bn in 2025, mainly led by the huge demand for managed security services, identity & access management and endpoint security platforms, says…
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Overall revenue of China’s IT security service market vendors in the first half of 2021 is US$1.11B. The scale of vendor revenue has doubled over the same period last year, with an increase of 110% and a year-on-year increase of 38% over 2019. China’s IT security service market has officially…
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Receives ACCC approval. Westpac Bank ACCC has approved Westpac as an Accredited Data Recipient under the Consumer Data Right. The Australian Government introduced Consumer Data Right (CDR) in Australia. CDR will give consumers greater access to and control over their data and will improve consumers’ ability to compare and switch between…
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Privacy will drive spending on data protection and compliance technology to more than $15B by 2024. Digital ethics sits at the peak of the Gartner, Inc. Hype Cycle for Privacy, 2021, as people become increasingly aware of the value of their personal information and frustrated by lack of transparency and…
Read MoreWill reduce onboarding time for corporates to connect to Bank’s APIs and achieve improved decision-making. FinLync, a global fintech company transforming corporate finance and treasury offices through its world-class products, and Standard Chartered, a leading international banking group, today announced their partnership to enable corporate treasury and finance teams to rapidly…
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Online merchants must keep customers secure. eCommerce merchants can gain superior data efficacy and organizational visibility and optimize their customer experiences by partnering with an expert. Online spending is rising, with over 2 billion people buying products or services online. Frost & Sullivan found that eCommerce in the United States…
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