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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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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Jason Pun, assistant government CIO (Cyber Security & Digital Identity) talks through cyber security in HK. The cyber security landscape in Hong Kong, according to the figures of the Hong Kong Computer Emergency Response Team Coordination Centre (HKCERT), has about 6,300 incident reports in the first three quarters of 2020.…
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Work devices used for personal activities. Email security and cyber resilience company Mimecast has released research which highlights the risky behaviour of employees using company-issued devices. About a thousand respondents in countries throughout the globe were asked about their use of work devices for personal activities and how aware they are of…
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ASEAN member states committ to practical steps to enhance cyber security in the region. Singapore has recognised that cybersecurity is a key enabler of a Digital Economy, as well as the importance of a rules-based multilateral order in cyberspace, especially amid accelerated digitalisation in the wake of COVID-19. During 2020,…
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Encouraging members to share cyber security information. The Office of the Government Chief Information Officer (OGCIO) and the Hong Kong Internet Registration Corporation Limited (HKIRC) have collaborated to produce a Partnership Programme for Cyber Security Information Sharing, known as the Cybersec Infohub. The OGCIO and the HKIRC will encourage members…
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APAC countries boost cooperation for online protection Singapore and Vietnam expressed concerns about the challenges and threats to cybersecurity in the region and world, during a virtual ministerial meeting between the two countries. Both countries agreed the challenges relate to the context of the COVID-19 pandemic, and shared information about…
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Strengthening the security of vital infrastructure and systems across Australia. Australia’s Communications Alliance welcomed the Department of Home Affairs focus on principles-based outcomes for its recently proposed Critical Infrastructure Reforms. The reforms were designed to further strengthen the security of vital infrastructure and systems across a range of Australian economic…
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Despite financial investments, companies experienced attacks. Companies globally spent the equivalent of around US$15B extra a week on technology to enable safe and secure home working during COVID-19, reveals the 2020 Harvey Nash/KPMG CIO Survey. This was one of the biggest surges in technology investment in history – with the world’s IT…
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Despite a global pandemic the Australian tech sector remains resilient when it comes to growth. Continued wage rises in the tech sector appear untroubled from the turbulence caused by COVID-19, according to the latest tech salary and staff attrition report from Australia’s peak industry representative body for innovation technology, the…
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