Singapore saw an 80 per cent increase in scams during 2020

Total amount cheated was S$254.3 million, which is a 64.3 per cent increase compared to 2019 In a reply to Parliamentary Question on how the police tracks its performance in investigating and solving crimes involving online scams, K Shanmugam, Minister for Home Affairs and Minister for Law stated police have…

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Global investor rights law firm files class action against SolarWinds

Lawsuit seeks to recover damages for SolarWinds investors under US federal securities laws. Global investor rights, Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of the securities of SolarWinds Corporation between February 24, 2020 and December 15, 2020, inclusive (the “Class Period”). The lawsuit seeks…

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Vietnam Government agency suffered cyber attack

Reports the Vietnam Government Certification Authority suffered supply chain attack. It has been reported that in early December 2020, the Vietnam Government Certification Authority (VGCA) was the victim of a supply-chain attack, similar to the Able Desktop software attack. According to cyber security firm, ESET, researchers uncovered this new supply-chain…

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SolarWinds hack extends into 2021 for Microsoft

Investigation revealed attempted activities beyond just the presence of malicious SolarWinds code in Microsoft environment. During the final weeks’ of 2020 cyber security firm, FireEye announced it had suffered a cyber-attack through a malware inserted into network management software provided to customers by the tech company SolarWinds. At the time…

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Singapore updates SingPass with two-factor authentication

Provides more convenience and accessibility to government digital services securely. Government Technology Agency Singapore has recently added two new Two-Factor Authentication (2FA) options when transacting with government digital services for its SingPass users. The introduction of SingPass Face Verification and Multi-User SMS 2FA will provide more convenience and accessibility to…

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Hong Kong CIO talk cyber security

Speech by Victor Lam, JP, Government Chief Information Officer shares insights and knowledge of cyber security. The emerging technologies such as fintech, Artificial Intelligence (AI) and Internet of Things (IoT) have presented both opportunities and challenges to enterprises. These technologies together with innovative ideas are catalysts for enhancing or even…

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FireEye discovers global intrusion campaign through SolarWinds

Supply chain attack trojanising SolarWinds Orion business software updates. FireEye has uncovered a widespread campaign, dubbed UNC2452. The actors behind this campaign gained access to numerous public and private organisations around the world. FireEye has detected this activity at multiple entities worldwide. The victims have included government, consulting, technology, telecom…

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A 20 year retrospective on cyberthreats

How cyberthreats and attacker behaviours have emerged and evolved. Information security has been continually shaped by how fast things change and how attackers learn from the past and each other, innovating and adapting at ever increasing. A recently released report shows how different cyberthreats and attacker behaviours emerge and evolve,…

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Indian enterprises adopt proactive approach to security

Security offerings revenue in India will reach US$4bn in 2024. The ongoing impact of COVID-19 pandemic’s disruption to traditional business operation landscape, has forced the enterprises to adopt a proactive rather than a reactive approach to address the potential security threats. As a result, security offerings’ revenue in India is…

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