There’s emerging technology investments for corporate finance through 2024…but don’t forget the security. A study of finance organisations in taken by analyst firm Gartner in November 2020 showed a widespread intent to invest in emerging technologies in the next three years, with cloud enterprise resource planning (ERP) being the most…
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Cyber attacks focused on frontline organisations focused on global COVID-19 responses
Asia-Pacific region accounted for 25 per cent of all cyber attacks Cyberattacks evolved in 2020 as threat actors sought to profit from the unprecedented socioeconomic, business, and political challenges brought on by the COVID-19 pandemic. In the recently released report, IBM Security X-Force 2020 found attackers pivoting to businesses that…
Read MoreTrust online is hard won, but easily lost
Changing landscape of trust was set against a backdrop of global economic uncertainty. Over the course of 2020, organisations had to trust their employees to work from home, and consumers had to trust businesses with their information amidst a huge spike in online threats, states a recently released report by…
Read MoreHong Kong commits to securing mobile phones against cyber attacks
Assistant Government Chief Information Officer of Hong Kong talks through safe mobile practises. The Office of the Government Chief Information Officer (OGCIO), the Hong Kong Police Force and the Hong Kong Computer Emergency Response Team Coordination Centre jointly held a session to inform people on safe mobile phone practises. According…
Read MoreSingapore’s cyber risk surveillance
Monetary Authority of Singapore states there’s an analytical approach to assess and monitor cyber risk to the financial sector Cyber risk is an emerging source of systemic risk in the financial sector, and possibly a macro-critical risk too. It’s therefore important to integrate it into financial sector surveillance. According to…
Read MoreReimagining real estate with AI
Artificial intelligence capabilities to enhance efficiency and simplify selection of property content. Australian founded online real estate website, buymyplace has launched an automated version of its platform that empowers Australian property owners to sell their property privately, putting them in charge of the sale of their home from go-to-whoa and…
Read MoreAustralia commits A$13M to stop online disinformation with Malaysia
The leaders agreed to elevate relations to a Comprehensive Strategic Partnership. The leaders of Malaysia and Australia recently held a bilateral meeting to discuss issues that will help expand their cooperation and address pressing challenges. Australian PM Scott Morrison and Malaysia PM Muhyiddin Mohd Yassin both agreed the CSP will…
Read MoreAPAC businesses suffered more than one cyber attack in 2020
In the region damage to critical infrastructure concerned organisations. Over the past 12 months 18 per cent of APAC organisations suffered seven or more attacks infiltrating their networks or systems over the past year, and the majority (81 per cent) suffered one or more attacks. Over two thirds (76 per…
Read MoreBank and financial services cyber security landscape 2021
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…
Read MoreHong 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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