Singapore plans to cut off government computers’ internet links to prevent cyberattacks

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.”


Indian Defense Forces on Red Alert After Chinese Cyber Attack

IndiaSputnik 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.

Report: SKorea thwarts massive NKorea cyber attack

KoreaPostguam — 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.

Zurich Offers Post Cyber Attack Response Service in APAC

APACInsurance 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.

Cyber attacks and data leaks a costly burden to Asian businesses

AustraliaThe 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.

Indonesia, South Korea central bank websites hit by cyber attacks; no losses

APACReuters — 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.

Underground market selling details of compromised servers in 173 countries

APACZDNet — 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.

Regulators to Tighten Cyberdefenses as Attacks in Asia Increase

Hong KongWSJ — 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.

Nepal fourth in malware infection index list: Microsoft

NepalKathmandu 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.

Big DDoS attacks reach record levels: Akamai

APACIT 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.

SWIFT CEO warns: Expect more hacking attacks #cloud #asia #security #hacking #swift

APACTimes 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.

Healthcare Cyber Security Market to Benefit from Increasing Cyber Attack Threats

APACCSO — 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.

Pakistan, Indonesia and Bangladesh most vulnerable to malware in Asia – Microsoft

APACAsian 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.

Pakistan, Indonesia and Bangladesh most vulnerable to malware in Asia – Microsoft

NZ dodges cyber attack bullet #clous

New ZealandNZ 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.

How to shift the economic balance of cyber attacks

APACCSO — 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.

Satellite broadband not immune to cyberattacks: Singtel

SingaporeTelecom Asia — Cyberattacks are on the rise, and satellite operators are not immune, especially as they make bolder moves into broadband data connectivity.  Lim Kian Soon, head of satellite at Singtel, warned satellite players to take security seriously and take steps to protect themselves and their customers.

SEA not ready for a cyber-attack … nope, not really #cloud #asia #cyberattack #hacking

APACDigital News Asia — CYBERSECURITY is an ongoing arms race between defenders and attackers, and with new technologies, increasingly complex threats and expanding attack surfaces, the traditional protection method is no longer effective. Yet this is still the strategy of choice in South-East Asia, according to Intel Security’s Security Connected vice president and chief technology officer Michael Sentonas.

Surviving the cyber attack of tomorrow

APACCampaign Asia — Over the past year we’ve seen more businesses fall victim to security breaches. TalkTalk hit the headlines in late 2015 after an attack on its customer records saw thousands of files with personal information leaked. JP Morgan Chase, Target, TK Maxx, Home Depot, eBay — have all fallen victim to cyber attacks over the last two years.

N Korea could be linked to cyber-attacks on banks, security firm says

North KoreaBBC — A top cyber-security firm is investigating whether North Korea could be linked to attacks on banks in recent months. Symantec said it had evidence that the same group attempted to steal money from a bank in the Philippines, one in Vietnam and Bangladesh’s central bank. It also said the rare malware deployed was similar to that used in the hacking of Sony Pictures in 2014.

Cyberattack: SWIFT to launch new security plan #cloud #asia #bangladesh #security #hacking #swift

BangladeshTimes of India — LONDON: The SWIFT secure messaging service that underpins international banking said it plans to launch a new security programme as it fights to rebuild its reputation in the wake of the Bangladesh Bank heist. The Society for Worldwide Interbank Financial Telecommunication (SWIFT)’s chief executive, Gottfried Leibbrandt will tell a financial services conference in Brussels that SWIFT will launch a five-point plan later this week.

Symantec Says SWIFT Malware Is Linked to Cyber Attack in the Philippines

PhilippinesFortune — The malware that was used to steal $81 million from Bangladesh’s central bank has been linked to another cyber attack, this time on a bank in the Philippines, cyber security company Symantec said in a blog post on Thursday. The company said it had identified three pieces of malware that were used in limited targeted attacks against financial institutions in South-East Asia.

Symantec Says SWIFT Malware Is Linked to Cyber Attack in the Philippines

Hong Kong launches programme to boost cybersecurity

Hong KongTimes of India — HONG KONG: Hong Kong’s central bank has a launched a new programme to strengthen lenders’ ability to protect their critical technology systems after recent attacks by unidentified groups on a global messaging system used by the financial community.

Fujitsu Develops High-Speed Forensic Technology for Cyber Attacks

JapanCE Asia Mag — Fujitsu Laboratories Ltd. has announced the development of new technology that, in response to targeted cyber attacks on specific organizations, rapidly analyzes damage status after an attack has been detected. In the event of malware attacks, which infect organizations to cause a great deal of damage, including information leaks, it was previously necessary to analyze a range of logs on networks and devices to clarify attack status.

$1.3m cyber attack foiled, from VN

VietnamGulf News — Hanoi: A foiled hacking attack on a small Vietnamese bank may have been a practice run for an $81 million cyber assault on Bangladesh’s account at the Federal Reserve Bank of New York, and points to vulnerabilities in how banks connect to the Swift interbank messaging system.

Germany says Russia probably behind cyber attack on Bundestag

APACChannel Newsasia — BERLIN: Russian intelligence agencies were probably responsible for a massive cyber attack on Germany’s lower house of parliament last year which forced its computer systems to be shut down for days, Germany’s domestic intelligence agency said on Friday. The agency, known as the Federal Office for the Protection of the Constitution (BfV), said a hacker group known as “Sofacy” was behind the attack.

SWIFT let hackers in: Bangladeshi probe panel

BangladeshIT News — A Bangladesh government-appointed panel investigating the theft of US$81 million from the country’s central bank has found that international banking payments network SWIFT committed a number of mistakes in connecting up a local network. “We have shown that SWIFT made a number of errors that made it easy for the hackers,” Mohammed Farashuddin, a former governor of the Bangladeshi central, said.

Bangladesh Bank heist similar to Sony hack; second bank hit by malware

BangladeshChannel News Asia — NEW YORK/DHAKA: Investigators probing the cyber heist of US$81 million from the Bangladesh central bank connected it on Friday to the hack at Sony Corp’s film studio in 2014, while global financial network SWIFT disclosed a previously unreported attack on a commercial bank.

TalkTalk says back on track after cyber attack

APACChannel News Asia — LONDON: British broadband operator TalkTalk said it had bounced back from a customer data theft in October, stabilising its customer base in the final quarter after 95,000 subscribers left following the breach. The company, which positions itself as a low-cost option against BT, Sky and Virgin Media, said its customer base remained flat in the three months to the end of March.

Bank cyber-attack detected by Swift after Bangladesh raid

BangladeshWorld Bulletin — The warning about the second attack came from Swift, which oversees the financial messaging network that underpins global money transfers. Swift said the target was a commercial bank but did not name the organisation or reveal if any cash had been taken. The attack used techniques and tools resembling those used to steal cash from Bangladesh in February, it said.

ECB to set up cyber attack warning system for banks

BangladeshChannel News Asia — FRANKFURT: The European Central Bank will set up a database to register incidents of cyber crime at commercial banks, aiming to create an early warning and analysis system for big lenders, it told a German newspaper on Thursday. Attackers earlier this year stole US$81 million from a Bangladesh central bank account at the New York Fed in one of the biggest-ever cyber heists, heightening global concerns over cyber security.