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BNN Bloomberg: Alibaba Group Holding Ltd. conceded it was slow to report a major vulnerability in widely used software because it was unaware of its severity, a day after China’s tech industry overseer suspended cooperation on cybersecurity with the online retail giant.
PYMNTS: Hong Kong cryptocurrency exchange Bilaxy was the victim of a hack that compromised a hot wallet on its platform and saw the transfer of 295 ERC-20 tokens, worth more than $21 million, to a single wallet on Sunday (Aug. 29).
ZDNet: Singapore and the US have inked a series of memorandums of understanding (MOUs) to widen their collaboration in cybersecurity across defence, financial, and research and development.
CNBC: Japanese cryptocurrency exchange Liquid said Thursday it has been hit by a cyberattack that saw hackers make off with a reported $97 million worth of digital coins.
CBC: The United States, Canada, and numerous other nations formally blamed China on Monday for a massive hack of the Microsoft Exchange email server software and accused Beijing of working with criminal hackers in ransomware attacks and other cyber operations.
Investing: Chinese regulators have gained a reputation for aggressive action, but even hardened investors were shocked by the announcement of a probe into ride-hailing firm Didi just two days after its $4.4 billion New York stock market debut.
Yahoo Finance: The UK and Singapore announced the launch of a new Financial Partnership at the sixth UK-Singapore Financial Dialogue that was held virtually today. The Dialogue was chaired by Director General (Financial Services) of HM Treasury (HMT), Ms Katharine Braddick, and Deputy Managing Director (Markets and Development) of the Monetary Authority of Singapore (MAS), Mr Leong Sing Chiong.
Bleeping Computer: Offices of multiple Japanese agencies were breached via Fujitsu's "ProjectWEB" information sharing tool. Fujitsu states that attackers gained unauthorized access to projects that used ProjectWEB, and stole some customer data.
NBC News: China is behind a newly discovered series of hacks against key targets in the U.S. government, private companies and the country’s critical infrastructure, cybersecurity firm Mandiant said.
The Straits Times: Extensive remote working arrangements open up financial institutions to multiple risks - some of them related to daily operations and information security and technology, and others to fraud and staff misconduct.
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