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Industry News: ESG5

WhatsApp Scams Explode: Hongkongers Bilked of HK$2.7 Million in Three Months on Facebook-owned Messaging Service

2019-04-09

CSO:  More than 150 Hongkongers have been bilked out of HK$2.7 million (US$340,000) in WhatsApp scams this year, with creative fraudsters devising new ways to use the popular messaging service. Police on Monday said that the amount of defrauded money was up 50 per cent from last year, even as the number of WhatsApp victims fell by more than 40 per cent...

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Toyota Announces Second Security Breach in the Last Five Weeks

2019-03-29

ZD Net:  Japanese car maker Toyota announced its second data breach today, making it the second cyber-security incident the company acknowledged in the past five weeks. While the first incident took place at its Australian subsidiary, today's breach was announced by the company's main offices in Japan...

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Japan Spearheads Pan-Asia Alliance to Tackle Cybersecurity

2019-03-11

NikkeiAsianReview: Japan will work with dozens of other countries and organizations to create the Asia-Pacific's first alliance to fight cyberattacks, hoping to enhance the region's cybersecurity by enlisting Russia and China, Nikkei has learned. The move will involve members of the ASEAN Regional Forum, which includes Japan, the U.S., the E.U...

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China Hacked Norway’s Visma to Steal Client Secrets: Investigators

2019-02-06

Reuters: Hackers working on behalf of Chinese intelligence breached the network of Norwegian software firm Visma to steal secrets from its clients, cyber security researchers said, in what a company executive described as a potentially catastrophic attack. The attack was part of what Western countries said in December is a global hacking campaign by China’s Ministry of State Security to steal intellectual property and corporate secrets, according to investigators at cyber security firm Recorded Future..

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Huawei Director and Polish Cybersecurity Expert Arrested Over Spying Accusations

2019-01-11

tvnz: Poland has arrested a director at the Chinese tech giant Huawei and one of its own former cybersecurity experts and charged them with spying for China, authorities said Friday. The development comes as the US is exerting pressure on its allies not to use Huawei, the world's biggest maker of telecommunications network equipment, over data security concerns...

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Sebi Brings Cybersecurity Framework for Mutual Funds and AMCs

2019-01-10 

Economic Times: Markets regulator Sebi Thursday put in place a robust and stricter cybersecurity framework for mutual funds and asset management companies (AMCs) to guard against breaches of data leak...

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Japan's Cybersecurity Minister Admits he has Never Used a Computer

2018-11-15

The Telegraph: The Japanese minister for cyber security was accused of making a mockery of his new role after he admitted he has never used a computer.

Yoshitaka Sakurada, 68, faced a wall of laughter from fellow legislators when he made the admission in a car-crash response to questioning in parliament.

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