Singapore sees 137.5% increase in Telegram scams as overall fraud cases climb
The Singapore Police Force reported a dramatic 137.5% increase in Telegram-related scam cases during the year's first half.
Cybersecurity
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Singapore’s cybersecurity masterplan gets major overhaul to tackle increased OT threats
Singapore is significantly strengthening its operational technology masterplan to address the rising sophistication of cyber threats targeting essential services.
Japanese companies ramp up cybersecurity amid surge in ransomware attacks
Ransomware, a malicious software that encrypts data and demands a ransom for its release, has become a significant threat to Japanese corporations.
Japan and India to enhance space and cyber security cooperation in revised joint declaration
The existing joint declaration has laid the foundation for comprehensive security ties between the two nations, emphasizing the interchange of foreign and defense officials and the safeguarding of maritime transport. However, the evolving global security landscape, particularly with China’s growing maritime assertiveness, necessitates an expansion into new security domains. As a result, both countries will deliberate on incorporating space and cyber security into their revised agreement.
Joint Hong Kong-Singapore operation with Interpol leads to major arrests in money laundering case
A 23-year-old Singaporean was among eight individuals arrested in Hong Kong for their involvement in a transnational money laundering syndicate.
Indonesian Communications Minister faces lawsuit over ransomware attack
The lawsuit comes amid growing scrutiny of Indonesia's cybersecurity preparedness. Critics have pointed out that the country's digital infrastructure is increasingly exposed to sophisticated cyber threats, necessitating urgent reforms and enhanced protective measures. The legal action against the Communications Minister is seen as a pivotal moment in the ongoing debate about accountability and the effectiveness of Indonesia's approach to managing and mitigating cybersecurity risks.
MOE to remove Mobile Guardian app following major cybersecurity breach
The breach came to light when numerous schools reported that students were suddenly unable to access applications and stored information on their devices.
New Financial Regulator Jane Thompson to boost collaboration with FCA and South Korea
Jane Thompson, emphasized the need for a cohesive approach to regulation, highlighting the critical role that effective communication and collaboration between regulatory bodies play in safeguarding investor interests and maintaining market integrity.
Indian Government to introduce ‘Kill Switch’ to enhance digital security
The mechanism will grant designated agencies the authority to remotely disable affected systems in the event of a severe cyber attack or security breach.
CrowdStrike faces fallout from major IT outage
CrowdStrike faces lingering disruptions and reputational damage from a major IT outage, affecting aviation and financial markets. Despite containment efforts, the incident poses challenges for retaining customers and maintaining investor confidence.
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