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Industry News: ESG5

      Over 82% Business Executives See Cybersecurity Budgets Rising in 2023

      2022-11-09

      Mint: According to the report, India respondents consider a catastrophic cyberattack, a resurgence of COVID-19 or a new health crisis, and a new geopolitical conflict among the top three risks.

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      Cybersecurity Worries Draw C-Level Attention in Asia

      2022-08-31

      Business Wire: Enterprises in Singapore and Malaysia have grown so concerned about the dangers of cyberattacks that they are changing the way they make security-related decisions and procure cybersecurity services, according to a new research report published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm.

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      Chinese Hackers Target Australian Govt with ScanBox Malware

      2022-08-30

      Bleeping Computer: China-based threat actors have been targeting Australian government agencies and wind turbine fleets in the South China Sea by directing select individuals to a fake impersonating an Australian news media outlet.

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      China Fines Didi $1.2 Billion for Violating Cybersecurity and Data Laws

      2022-07-21

      CNN: China’s cyberspace regulator fined Didi Global just over 8 billion yuan ($1.2 billion) for violating cybersecurity and data laws, putting an end to a yearlong investigation into the ride-hailing giant.

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      China’s Cabinet Urges Greater Cybersecurity After Mass Data Leak

      2022-07-07

      BNN Bloomberg: China’s cabinet stressed the need to bolster information security, following a huge leak of personal data that could be the largest cyber-attack in the country’s history. 

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      N. Korean Hackers Suspected of stealing $100 Million Crypto From US Firm

      2022-06-30

      Korea Herald: North Korea’s state-sponsored Lazarus Group is believed to be behind the recent $100 million cryptocurrency theft from a US blockchain company, the latest in a spate of high-profile cyber heists from the Kim Jong-un regime, London-based blockchain analytics firm Elliptic said.

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      Beijing-backed Hackers Breach ‘Major Telecommunications Companies,’ Authorities Warn

      2022-06-08

      The Hill: Cyber hackers backed by China are successfully targeting U.S. telecommunications companies in major breaches, the federal Cybersecurity and Infrastructure Security Agency (CISA) warned.

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      How Crypto Giant Binance Became a Hub for Hackers, Fraudsters and Drug Traffickers

      2022-06-07

      IOL: In September 2020, a North Korean hacking group known as Lazarus broke into a small Slovakian crypto exchange and stole virtual currency worth some $5.4 million (R837m). It was one of a string of cyber heists by Lazarus that Washington said were aimed at funding North Korea's nuclear weapons programme.

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      Singapore Mandates 'Kill Switch' for Banks as Safeguard Against Online Scams

      2022-06-02

      ZDNet: Banks in Singapore will have to provide a "kill switch" as part of a new slew of security measures to safeguard against growing online scams. Consumers also are urged to access their accounts via mobile banking apps, instead of web browsers, to minimise risks. 

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      China's Draft Cybersecurity Rules Pose Risks for Financial Firms, Lobby Group Warns

      2022-06-02

      Nasdaq: China's proposed cybersecurity rules for financial firms could pose risks to operations of western companies by making their data vulnerable to hacking, among other things, a leading lobby group has said in a letter seen by Reuters.

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