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.”

URL: http://www.japantimes.co.jp/news/2016/08/24/asia-pacific/singapore-plans-cut-off-government-computers-internet-links-prevent-cyberattacks/#.V9e8u5N96EI

Foreign firms take part in drafting cybersecurity rules in China

ChinaBD 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.

http://www.bdlive.co.za/world/asia/2016/08/26/foreign-firms-take-part-in-drafting-cybersecurity-rules-in-china

Singtel, Singapore Institute of Technology to train cyber security talents

SingaporeEnterprise 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.

http://www.enterpriseinnovation.net/article/singtel-singapore-institute-technology-train-cyber-security-talents-1575978577

Australian gov’t welcomes NEC’s Cyber Security Center in Adelaide

AustraliaEnterprise 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.

http://www.enterpriseinnovation.net/article/australian-govt-welcomes-necs-cyber-security-center-adelaide-1394025195

Google removes malware that installed an app every 2 minutes

APACTimes 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.

http://timesofindia.indiatimes.com/tech/tech-news/Google-removes-malware-that-installed-an-app-every-2-minutes/articleshow/52973795.cms

​NEC to launch AU$4.38m IoT-focused cybersecurity centre in Adelaide

AustraliaZDNet — 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.

 http://www.zdnet.com/article/nec-to-launch-au4-38m-iot-focused-cybersecurity-centre-in-adelaide/

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.

http://www.insurancejournal.com/news/international/2016/06/23/418159.htm

NEC technology uses AI to automatically detect unknown cyberattacks

JapanNetwork 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.

http://www.networksasia.net/article/nec-technology-uses-ai-automatically-detect-unknown-cyberattacks.1466614006

Alibaba Group Holding Ltd Cloud Receives Highest Security Certificates: Expands Data Center Operations

ChinaChina 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.

http://www.chinabusinessnews.com/2757-alibaba-group-holding-ltd-cloud-receives-highest-security-certificates-expa/

Citi Singapore taps m-wallets, voice biometrics

SingaporeTelecom 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.

http://www.telecomasia.net/content/citi-singapore-taps-m-wallets-voice-biometrics

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.

http://m.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11652248

Telstra flags more cyber-sec investments after vArmour

AustraliaCSO — Telstra’s venture capital arm has flagged fresh rounds of investment in cyber security in Asia after revealing details of a new cloud computing security investment. Telstra Ventures partner Marcus Bartram said that there was still scope for more investment in cyber security companies despite announcing a large investment in vArmour – a California-based company that has developed policy-based software theoretically capable of securing so-called “East-West” network traffic moving within a company’s network perimeter.

http://www.cso.com.au/article/600720/telstra-flags-more-cyber-sec-investments-after-varmour/

Fujitsu develops high-speed forensic technology to assess cyberattack damage

JapanJapan Today — Fujitsu Laboratories Ltd has developed new technology that, in response to targeted cyberattacks 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.

http://www.japantoday.com/category/technology/view/fujitsu-develops-high-speed-forensic-technology-to-assess-cyberattack-damage

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.

http://timesofindia.indiatimes.com/tech/tech-news/Hong-Kong-launches-programme-to-boost-cybersecurity/articleshow/52345305.cms

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.

http://www.ceasiamag.com/2016/05/fujitsu-develops-high-speed-forensic-technology-grasp-glance-entirety-cyber-attack/

IBM Watson partners with 8 universities to tackle cybercrime

APACEnterprise Innovation — IBM said it plans to collaborate with eight universities to expand the collection of security data for IBM Watson. The company unveiled on Tuesday Watson for Cyber Security, a new cloud-based version of its cognitive technology trained on the language of security as part of a year-long research project.

http://www.enterpriseinnovation.net/article/ibm-watson-partners-8-universities-tackle-cybercrime-1486581380

IBM’s Watson is going to cybersecurity school

APACMIS Asia — It’s no secret that much of the wisdom of the world lies in unstructured data, or the kind that’s not necessarily quantifiable and tidy. So it is in cybersecurity, and now IBM is putting Watson to work to make that knowledge more accessible. Towards that end, IBM Security on Tuesday announced a new year-long research project through which it will collaborate with eight universities to help train its Watson artificial-intelligence system to tackle cybercrime.

http://www.mis-asia.com/tech/applications/ibms-watson-is-going-to-cybersecurity-school/

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.

http://www.itnews.com.au/news/swift-let-hackers-in-bangladeshi-probe-panel-419583#ixzz48s1VE1Pa

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.

http://www.worldbulletin.net/todays-news/172674/bank-cyber-attack-detected-by-swift-after-bangladesh-raid

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.

http://www.channelnewsasia.com/news/technology/ecb-to-set-up-cyber-attac/2780766.html

Japanese users not proactive enough about cybersecurity: survey

JapanJapan Today — SINGAPORE: ESET, a global pioneer in proactive protection for more than two decades, on Wednesday released the ESET Japan Cyber-Savviness Report 2016 showing that while users in Japan are knowledgeable about cybersecurity and take few risks online, they still have some way to go in ensuring that they are adequately protected when they access the Internet.

http://www.japantoday.com/category/technology/view/japanese-users-not-proactive-enough-about-cybersecurity-survey

Singapore’s cloud security framework – multi-tiers and incident response guidelines

SingaporeEnterprise Innovation — Cloud technology has seen continued strong growth in Singapore, with cloud adoption rates growing to about 29 percent in 2015. The use of cloud technology provides many benefits to enterprises, but security remains a major concern.

http://www.enterpriseinnovation.net/article/singapores-cloud-security-framework-multi-tiers-and-incident-response-guidelines-333987923

9 biggest information security threats through 2018

APACNetworks Asia — The information security threat landscape is constantly evolving. To help you navigate the terrain, each year the Information Security Forum (ISF) — a nonprofit association that researches and analyzes security and risk management issues on behalf of its members — puts out its Threat Horizon report to provide members with a forward-looking view of the biggest security threats over a two-year period.

http://www.networksasia.net/article/9-biggest-information-security-threats-through-2018.1462760691

Hacking group “PLATINUM” used Windows’ own patching system against it

APACars technica — Microsoft’s Windows Defender Advanced Threat Hunting team works to track down and identify hacking groups that perpetrate attacks. The focus is on the groups that are the most selective about their targets and that work the hardest to stay undetected. The company wrote today about one particular group that it has named PLATINUM.

http://arstechnica.com/security/2016/04/hacking-group-platinum-used-windows-own-patching-system-against-it/

Big Data and Cyber-Security Analytics: The Current State of Play

APACNetworks Asia — Despite the best efforts of cybersecurity teams, security breaches continue to plague corporations worldwide. In 2015 alone there were at least 79,000 reported security incidents and 2,122 confirmed breaches. The sheer number of attacks is troubling, but what raises greater concerns is that many of the world’s largest companies, which support well-funded, sophisticated security teams, were among last year’s security breach victims.

http://www.networksasia.net/article/big-data-and-cyber-security-analytics-current-state-play.1462516728

How this Indian CIO got way ahead in the fight against DDOS attacks

IndiaNetworks Asia — For the past few years, India and its IT teams have been in a constant state of war with malware, hackers, insidious employees and everything that is a threat to their information security. The only strategy applied, and it wasn’t an effective one, was to deal with the after-effects of the attack. But one CIO believed in the age old adage: Prevention is better than cure, and secured the most critical applications of the company from DDOS attacks.

http://www.networksasia.net/article/how-indian-cio-got-way-ahead-fight-against-ddos-attacks.1462497027

Why automation is the key to the future of cyber security

APACNetworks Asia — In 2015 there were 781 publicized cyber security breaches which resulted in more than 169 million personal records being exposed – a number that’s steadily on the rise year over year. And with notable names like BlueCross, Harvard and Target being tossed into the mix, it’s obvious that no company is safe.

http://www.networksasia.net/article/why-automation-key-future-cyber-security.1462462851

‘Ransomware’ is lurking – this is how you can save your startup

APACYour Story — Earlier this year, hackers took control of computer system of three banks and a pharmaceutical company. They then demanded a ransom in exchange for decryption keys. It was no usual attack, but the dreaded LeChiffre ransomware. To encrypt files, the hackers demanded one bitcoin each (around Rs 30,000) per computer for a total running into millions of dollars.

http://yourstory.com/2016/05/save-startup-from-ransomware/

The future of smart data security is in AI and silicon, says AMD CTO

APACMIS Asia  — Semiconductor company AMD has pointed to using a marriage between AI (artificial intelligence) and silicon as the future of smart data security strategies. “Data security is at an inflection point,” AMD’s chief technology officer and senior vice president, Mark Papermaster, said to Computerworld Malaysia. “As the threats faced by consumers, businesses and countries continue to grow, the need for smart security solutions that incorporate silicon and software becomes even more important.”

http://www.mis-asia.com/resource/security/the-future-of-smart-data-security-is-in-ai-and-silicon-says-amd-cto/

Why are you still paying for antivirus?

SingaporeNetworks Asia — Singapore, Japan and Malaysia have singled out cyber-attack as the risk of highest concern according to the World Economic Forum’s 2016 Global Risk report. Singapore’s Minister for Communications and Information Yaacob Ibrahim also recently announced a new, standalone Cybersecurity Act to be tabled in next year’s Parliament. Once instituted, this Act will provide for stronger and more proactive powers in response to cyber-attacks growing in boldness, speed and sophistication.

http://www.networksasia.net/article/why-are-you-still-paying-antivirus.1462316232