Japan Times — SINGAPORE – Singapore is working on how to cut off web access for public servants as a defense against potential cyberattacks — a move closely watched by critics who say it marks a retreat for a technologically advanced city-state that has trademarked the term “smart nation.”
MIS Asia — As the move toward Cloud gathers momentum, unwarranted fears about security are inhibiting the use of public Cloud services by some organisations. “Concerns about cloud service provider security have become counterproductive, and are distracting CIOs and CISOs from establishing the organisational, security and governance processes that prevent Cloud security and compliance mistakes,” Gartner research vice president, Jay Heiser, said.
BD Live — CHINA is taking a more inclusive tack in instituting cybersecurity standards for foreign technology companies, allowing them to join a key government committee in an effort to ease foreign concerns over the controls. The committee under the government’s powerful cyberspace administration is in charge of defining cybersecurity standards.
Enterprise Innovation — Singtel announced on Friday that it is partnering with the Singapore Institute of Technology (SIT) to train cyber security talents. The work-study program will support SIT students in the areas of Information Security and Software Engineering, which is expected to lead to career pathways such as cyber security R&D, product development, and management, cyber analysis and forensics, operations and cyber architects.
Enterprise Innovation — The South Australian government has welcomed NEC Australia’s $4.38 million investment in a new Global Security Intel Center (GSIC) in Adelaide to address the growing global demand for cyber security. Adelaide is home to the South Australian government’s Smart City initiative.
Times of India — Google together with Lookout, a mobile security company, has successfully taken down the auto-rooting malware app that was said to be silently rootingAndroid device and install other apps without user permission.
Networks Asia — Organizations are failing to appreciate the growing challenges of protecting their data and, as a result, are experiencing the economic impact of data loss, according to new findings from the EMC Global Data Protection Index 2016, an independent study by Vanson Bourne.
ZDNet — NEC has announced plans to establish a AU$4.38 million Global Security Intel Centre (GSIC) in Adelaide that will focus on Internet of Things (IoT) security. The IT services firm expects the cost of cyber attacks against enterprise and government IT systems to rise as the adoption of smart technologies and connected devices that make up the IoT accelerates.
Channel News Asia — SINGAPORE: The police are investigating a case of online threat by a Facebook user after he left a comment on a Facebook Group, “We are against Pinkdot in Singapore” on Jun 4. The group says it “serves as a public policy discussion platform on the Pinkdot movement in Singapore”, and “stands against the normalisation of homosexuality within Singaporean society”.
Sputnik News — India has issued a red alert against cyber attacks for the second time in three months due to an attack on government and commercial organizations by Chinese Military Western Headquarters. The alert has been issued to the Indian Army, Navy and Air Force that a Chinese Advanced Persistent Threat group called Suckfly, based in Chengdu region, is targeting Indian organizations and the Indian defense establishment is its prime target.
Postguam — North Korea has hacked into more than 140,000 computers at large South Korean conglomerates and government agencies and planted malicious codes that may have been intended for a massive cyber attack that has been thwarted, a news report said on Monday.
Insurance Journal — Zurich Insurance has launched DigitalResolve, a coordinated incident response service to help businesses in Asia Pacific (APAC) mitigate and recover from cyber attacks. Offered through Zurich’s partner Crawford & Co., DigitalResolve helps organizations coordinate and manage resources so they can recover from damaging cyber attacks with minimum disruption, Zurich said in a statement.
Network Asia — NEC Corporation has announced the development of a “system operations-visualization and anomaly-analysis technology” that uses artificial intelligence (AI) to automatically detect unknown cyber-attacks against social infrastructure and enterprise systems.
The Australian — When the names and birth dates of more than 11 million children and adults were leaked from its online learning database last November, toy maker VTech Holdings did not discover the breach until a reporter emailed the company nine days later.
Reuters — The central banks of Indonesia and South Korea have been hit by cyber attacks on their public websites since activist hacking group Anonymous pledged last month to target banks across the world, senior officials in the two countries told Reuters. In response to the attempted hacks, Bank Indonesia (BI) has blocked 149 regions that don’t usually access its website, including several small African countries, Deputy Governor Ronald Waas said in an interview late on Monday.
ZDNet — An underground marketplace has been found to be selling information of more than 70,600 compromised servers in both government and private networks, located across 173 countries including Singapore, China, Malaysia, and Australia. Available for sale from US$6 each, access to these servers was being hawked at a cyber black market called xDedic, which appeared to be operated by a Russian-speaking group, according to Kaspersky Lab.
MIS Asia — A new research report from cloud security provider CloudLock argues that more than a quarter of cloud workloads used in corporate environments are “high risk.” Of course, CloudLock is biased; it makes a living spreading FUD about security, tapping into old-school IT fears about cloud computing. Its conclusions are largely foregone.
China Business News — Alibaba Cloud, the cloud computing arm of Alibaba Group Holding Ltd, has expanded its Singapore’s data center operations by developing a new availability zone, the Chinese e-commerce giant announced on Wednesday.According to an official release by China’s largest e-commerce network, Alibaba Cloud data center in Singapore is responsible for providing superior data services across the Southeast Asian region.
WSJ — HONG KONG—When the names and birth dates of more than 11 million children and adults were leaked from its online learning database last November, toy maker VTech Holdings Ltd didn’t discover the breach until a reporter emailed the company nine days later. Company executives said VTech took four more days after being notified before it asked users to change their passwords—and another 16 days before it issued a public statement about the breach.
Telecom Asia — Five banks in Singapore may have been quick to announce their respective credit and debit cards’ compatibility with Apple Pay last month, but Citibank Singapore appears to be going against the tide. The bank has yet to announce when its card offerings will be Apple Pay-supported, but instead appears to be focusing on mobile e-wallet payments via the Android platform in its bid to grow its credit card business.
Kathmandu Post — Jun 11, 2016- Microsoft has ranked Nepal as the fourth most malware infection prone country in Asia Pacific region. Pakistan tops the list followed by Indonesia, Bangladesh and Nepal respectively. Microsoft Asia recently announced the launch of its Malware Infection Index 2016 (MII2016) which is said to determine the key malicious software threats in the Asia-Pacific region and ranks the market in the region based on how prone they are to the malware threats.
IT News — Nineteen distributed denial-of-service (DDoS) attacks exceeded 100 Gbps during the first three months of the year, hitting a new record, according to researchers from Akamai. The year prior, just eight attacks were over 100 gigabit per second, the firm said.
Times of India — The CEO of SWIFT , the interbank messaging system embroiled in a global bank-hacking controversy, says to expect more information about breaches to emerge as fully armouring the network’s defenses is likely to take years. “We don’t think this is going to be solved overnight, so we’ll be looking for a number of quick wins to improve things in the near term,” Gottfried Leibbrandt, SWIFT’s CEO, said on Wednesday.
BBC — India has rejected Google’s plans to collect images for its Street View service in the country after objections from security agencies. Officials told the BBC there were concerns that the service would compromise the country’s security. Google Street View collects high definition images to give its users 360 degree views of streets, tourist spots, hills and rivers.
CSO — A new report from Transparency Market Research, titled ‘Healthcare Cyber Security Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2023,’ states that the global market is expected to expand at a rapid pace during the period between 2016 and 2023 due to increasing cyber-attack threats, improvements in healthcare infrastructure, and increasing spending.
Channel News Asia — SINGAPORE: From 2015 till today, there have been 16 waves of targeted cyberattacks surfaced to the Cyber Security Agency (CSA), and this is one of the reasons why the Government has decided to separate Internet access for the work computers of public officers. These 16 attacks had escaped detection of perimeter defences such as firewalls and antivirus software, but were stopped and did no damage.
Asian Correspondent — MICROSOFT has released a list of Asia-Pacific countries that were most vulnerable to malware. The Malware Infection Index 2016 highlights threats undermining cybersecurity in the region. “Out of the top five locations across the globe most at risk of infection, a total of four are from the Asia Pacific — Pakistan, Indonesia, Bangladesh and Nepal,” Microsoft said on its website.
NZ Herald — New Zealand is one of the least affected countries in Asia Pacific when it comes to cyber attacks, but harmful software is circulating around the globe in massive numbers. Microsoft revealed the top markets in Asia Pacific under malware threats today at its second Cyber Trust Experience held in Singapore.
CSO — A harsh reality for the information security sector is that the businesses we are asked to protect are battling businesses that are built to attack. We are rarely, if ever, up against the lone-wolf attacker wearing a hoodie. We are battling crime syndicates, nation-states and cyber thieves whose main concern is simple: earn money. According to a 2016 Ponemon Survey, more than half of attackers are motivated exclusively by economics.