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Seven Takeaways From MAS’ Technology Risk Management Guidelines The amended guidelines represent a firm step towards further strengthening the defences of Singapore’s financial ecosystem, placing the industry in good stead for the post-Covid economic recovery. On 18 January 2021, the Monetary Authority of Singapore (“MAS”) issued the new Technology Risk Management Guidelines (“2021 Guidelines”), which
Leading Crane Maker Palfinger Hit In Global Cyberattack Leading crane and lifting manufacturer Palfinger is targeted in an ongoing cyberattack that has disrupted IT systems and business operations. Palfinger is a leading maker of crane and lifting solutions commonly used for construction, and land and sea lifting, loading, and handling solutions. Palfinger is an Austrian company
Australian Securities Regulator Discloses Security Breach The Australian Securities and Investments Commission (ASIC) has revealed that one of its servers has been accessed by an unknown threat actor following a security breach. ASIC is an independent Australian government commission tasked with the regulation of insurance, securities, and financial services, as well with consumer protection as
Ransomware Gang Taunts IObit With Repeated Forum Hacks A ransomware gang continues to taunt Windows software developer IObit by hacking its forums to display a ransom demand. On January 16th, the IObit forums were hacked as part of an attack to distribute the DeroHE ransomware. During this attack, the threat actors emailed all of the IObit