All APAC articles – Page 2
-
NewsFAFT reports identifies room for improvement in Japan’s AML/CFT measures
Japan has a good understanding of the main elements of money laundering and terrorism financing risks, but there are areas where things could be better.
-
NewsHong Kong breaks up money-smuggling gang
Customer officials in Hong Kong have arrested five men suspected of laundering about HK$170m (US$21.8m, €18.6m) in the first case customs has detected of an attempt to smuggle money out of the territory by driving over the border.
-
NewsHackers steal $97m from Japanese crypto exchange
Tokyo-based cryptocurrency exchange company, Liquid, has reportedly lost $97 million due to a cyber attack.
-
NewsNew Zealand share trading platform cautioned on AML breaches
The Financial Markets Authority (FMA) in New Zealand has gone public with a formal warning to Sharesies for having insufficient anti-money laundering measures in place.
-
NewsRansomware attacks on rise in Australia
Reported data breaches from ransomware incidents increased by 24% to 46 in the half-year to June, compared with the previous six months, according to the Office of the Australian Information Commissioner (OAIC).
-
NewsChina adopts new privacy law
China’s legislature has approved an updated law on personal information protection, to take effect on 1 November.
-
WebinarDo You Know What Your Ransomware Readiness Score Is?
It’s not a matter of if, but when. Ransomware incidents are on the rise and it is crippling companies. But there are key things you can and should be doing to prevent and recover in the event of a ransomware attack.
-
NewsFalk reappointed for another term in Australia
The Australian Information Commissioner and Privacy Commissioner, Angelene Falk, has been re-appointed for another three years, through to August 2024.
-
NewsWarning issued on LockBit
The Australian Cyber Security Centre (ACSC) has given out an alert about LockBit 2.0 after an increase in reports from organisations in the country impacted by the ransomware.
-
NewsCourt stops RNZ using more hacked material
Public broadcaster Radio New Zealand (RNZ) has been ordered by the country’s high court not to use any more information stolen in a cyber-attack on Waikato District Health Board (DHB) last May.
-
NewsMauritius: Storing biometric data on identity cards violates privacy
The UN Human Rights Committee has ruled that the Mauritius government violated individuals’ rights to privacy with its National Identity Card Act.
-
NewsMalaysia to beef up cyber security
The Malaysian government will establish a more systematic command centre to oversee cyber security, said communications and multimedia minister Datuk Saifuddin Abdullah.
-
NewsChina plans to upgrade cyber security sector
The Ministry of Industry and Information Technology (MIIT) in China has issued a draft plan to develop the country’s cyber security industry for the next three years.
-
WebinarInstant payments need instant screening
Everyday millions, if not billions, of transactions flow through the financial system. At the same time the consumer and commercial demand for instant payments is increasing, shrinking the transaction processing window.
-
NewsNew Zealand patients’ data appears on web
Personal information of hospital patients and staff in New Zealand have been published online, around six weeks after a ransomware attack on the Waikato District Health Board (DHB).
-
NewsNPC announces bill to amend Philippines privacy law
The admendments to the Data Privacy Act of 2012 (DPA) sought to strengthen the current law amid the digital transformation in the Philippines.
-
VideoAPAC Privacy Focus: Hong Kong and their Personal Data (Privacy) Ordinance; amendments and the focus from China
As the PCPD website states, “The Personal Data (Privacy) Ordinance (the “PDPO”) was passed in 1995 and took effect from December 1996 (except certain provisions). It is one of Asia’s longest standing comprehensive data protection laws.”
-
NewsNZ$70m-plus seized after pyramid scheme probe
The high court in New Zealand has approved a settlement between the country’s police force and Xiaohua ‘Edward’ Gong which enables forfeiture of more than NZ$70m (US$50m, €41m), mainly cash.
-
NewsSenior official warns of risk of major cyber-attack on Australia’s critical infrastructure
Australia’s home affairs secretary Mike Pezzullo says the threat posed by sophisticated criminals and state-sponsored hackers is deeply concerning.
-
NewsCyber security features prominently in Victorian budge
The Australian state of Victoria is to spend A$300m (US$233m) on digital services in the next four years, with around a sixth earmarked for cyber security to protect public services from attacks.
