Singapore to Implement Licenses for Cybersecurity Providers
The Cyber Security Agency of Singapore (CSA) is looking to bring in new licensing requirements for cybersecurity service providers. CSA is seeking industry feedback on the proposed licence conditions and draft subsidiary legislation under the licensing framework for cybersecurity service providers, authorities said. The consultation will commence on 20 September 2021 for a period of […]
Cybersecurity budgets of Chinese companies continue to lag: EY Report
Almost 75 per cent of Chinese companies can’t fully handle cybersecurity challenges, in the backdrop of increase in ransomware, DDoS and other types of online threats According to the 2021 EY Global Information Security Survey, the increased changes due to COVID-19 and new requirements for law and regulation compliance, have resulted in organisations grappling with […]
Hong Kong to come up with Data Protection Regulations
The Hong Kong government is studying the need to enact a “Cyber Security Law” with aim to help society. According to a report in Sing Tao Daily, the Hong Kong government is looking to strengthen the security of its network information systems and important infrastructure information systems. It is understood that the research direction includes […]
Data of 12 million Businesses Documents Leaked Online
Details of 11.9 million documents from 29,000 offshore businesses and trusts containing 2.94 terabytes of data have been leaked. This leak was exposed by the International Consortium of Investigative Journalists (ICIJ), which consortium of journalists, made up of 600 reporters from 117 countries. ICIJ has released a trove of private financial documents that it said […]
Cyberattacks up almost 50% in China: Report
China captured about 23.07 million samples of rogue programs in the first half of 2021 that infected about 4.46 million main machines during the period, up 46.8 percent on a yearly basis. The document was released on the first day of the 2021 World Internet Conference Wuzhen Summit, China’s largest internet industrial expo, in Wuzhen, […]
Russia Authorities Raid Cyber Security firm Group-IB’s offices
Law enforcement officials have raided the Moscow office of Group-IB, the Russian cyber security firm. It is also learnt that the founder of Group-IB, Ilya Sachkov had been arrested for two months in Moscow on suspicion of high treason, according to news agency TASS. Earlier, media outlets reported that law enforcement officials on Tuesday. The […]
Yokogawa Electric selects Trend Micro’s Cybersecurity Solutions for Industry 4.0 environments
Yokogawa Electric has selected four of Trend Micro’s cybersecurity products for the company’s industrial control systems (ICS). This collaboration will help the companies collectively drive more secure Industry 4.0 environments, company officials said. Yokogawa Electric selected four Trend Micro products developed by TXOne Networks for its customers. Together, they’re designed to offer virtual patching, network […]
Code Red: Cyber Attacks Increasingly Target Australian Government’s Critical Infrastructure
In June 2020, at the peak of the COVID-19 pandemic, Australia’s Prime Minister Scott Morrison said what many others refuse to acknowledge in public. He went on record saying that the Australian government and institutions are being targeted by ongoing sophisticated state-based cyber hacks. These cyber attacks were widespread, covering “all levels of government” as […]
Yokogawa Electric selects Trend Micro’s Cybersecurity Solutions for Industry 4.0 environments
Yokogawa Electric has selected four of Trend Micro’s cybersecurity products for the company’s industrial control systems (ICS). This collaboration will help the companies collectively drive more secure Industry 4.0 environments, company officials said. Yokogawa Electric selected four Trend Micro products developed by TXOne Networks for its customers. Together, they’re designed to offer virtual patching, network […]
Singapore to bring in Licenses for Cybersecurity Providers
The Cyber Security Agency of Singapore (CSA) is looking to bring in new licensing requirements for cybersecurity service providers. CSA is seeking industry feedback on the proposed licence conditions and draft subsidiary legislation under the licensing framework for cybersecurity service providers, authorities said. The consultation will commence on 20 September 2021 for a period of […]
Cyber Security Budgets of Chinese firms continue to Lag: EY
Almost 75 per cent of Chinese companies cannot fully handle cybersecurity challenges, in the backdrop of increase in ransomware, distributed denial-of-service (DDoS) attacks and other types of online threats. According to the 2021 EY Global Information Security Survey, the increased changes due to COVID-19 and new requirements for law and regulation compliance, have resulted in […]
Singapore to bring in Licenses for Cybersecurity Providers
The Cyber Security Agency of Singapore (CSA) is looking to bring in new licensing requirements for cybersecurity service providers. CSA is seeking industry feedback on the proposed licence conditions and draft subsidiary legislation under the licensing framework for cybersecurity service providers, authorities said. The consultation will commence on 20 September 2021 for a period of […]
Indonesian government’s network breached: Insikt Report
A group of hackers with links to the Chinese state have wreaked havoc amongst Indonesia’s government departments and agencies. According to a report in IntelNews.org, there was a major breach of networks belonging to at least ten Indonesian government ministries and agencies, which included Indonesia’s primary intelligence service. The breach was first reported on September […]
Indonesia Government’s Network Breached: Insikt Report
A group of hackers with links to the Chinese state have wreaked havoc amongst Indonesia’s government departments and agencies. According to a report in IntelNews.org, there was a major breach of networks belonging to at least ten Indonesian government ministries and agencies, which included Indonesia’s primary intelligence service. The breach was first reported on September […]
Indonesian government’s network breached: Insikt Report
A group of hackers with links to the Chinese state have wreaked havoc amongst Indonesia’s government departments and agencies. According to a report in IntelNews.org, there was a major breach of networks belonging to at least ten Indonesian government ministries and agencies, which included Indonesia’s primary intelligence service. The breach was first reported on September […]
PE firm Siris Capital in talks to acquire Cybersecurity firm Radware
Private equity firm Siris Capital is planning to acquire Cybersecurity company Radware. Even as the talks were on, the deal is not assured and may fall apart, a CNBC report said, citing people familiar with the matter. Siris Capital, which has raised over $5.9 billion of cumulative committed capital, is a tech-focused investment firm. The size […]
PE firm Siris Capital in talks to acquire Cybersecurity firm Radware
Private equity firm Siris Capital is planning to acquire Cybersecurity company Radware. Even as the talks were on, the deal is not assured and may fall apart, a CNBC report said, citing people familiar with the matter. Siris Capital, which has raised over $5.9 billion of cumulative committed capital, is a tech-focused investment firm. The size of […]
Moody’s to invest US$250 million in cybersecurity firm BitSight
Moody’s Corporation, the global integrated risk assessment firm said that it will invest US$250 million in cybersecurity firm BitSight. As a part of the deal, BitSight, a pioneer in cybersecurity ratings, and BitSight will acquire VisibleRisk, a cyber risk ratings joint venture created by Moody’s and Team8, a global venture group. This significant investment by […]
Ransomware attacks continue to wreak havoc for businesses in Singapore
Like many other countries in Asia, companies in Singapore have been under siege – from ransomware attacks. In August, a ransomware attack affected the personal data and clinical information of nearly 73,500 patients of Eye & Retina Surgeons, a private eye clinic. However, the clinic said it has not paid any ransom, and pointed out […]
Indonesia’s Health Ministry asks citizens to delete Obsolete Test & Trace App after data breach
Indonesia is investigating a potential leak of sensitive data of 1.3 million users from an old COVID-19 tracking application. The data included ID, address, and health history – from the Indonesian Health Alert Card (eHAC) app which has been exposed in an open server, according to a report by cybersecurity research firm vpnMentor. An investigation […]
Data breach affects Microsoft Azure users globally
Microsoft has admitted a security breach in its Azure Cosmos DB cloud system could affect many customers, which includes many Fortune 500 companies. Cloud infrastructure security company Wiz revealed details of a now-fixed Azure Cosmos database vulnerability that could have been potentially exploited to grant any Azure user full admin access to other customers’ database […]
Macquarie Data Centres to make significant investments in Cyber Security, Cloud and Gov business
Macquarie Data Centres is expecting a strong uptake in its cyber security, cloud and government business. The company sees strong demand for cyber security solutions in its Government and Cloud Services businesses and will be making significant investments in FY22 to realise this opportunity, Macquarie said in its financial year 2020-21 earnings. “We announced plans […]
How China is upping the ante on Data Regulation
Guangdong Province will ramp up efforts on data regulation by exploring the establishment of a “Data Customs”unit to review cross-border data flow and create a big data centre in the Guangdong-Hong Kong-Macao Greater Bay Area. Guangdong is in South China and this development was announced in July. This move needs to be seen in the […]