Cyberattack

Retail Asia01/09/2023

The bank engaged in an extensive review after being one of the banks affected by a Russian ransomware attack early in the year. The first casualty? Going digital. It is a small section in UBS’s full second-quarter report, but a telling one. Buried on page 41 is a small but substantial tidbit. The bank has […]

Retail Asia15/03/2021

IronNet Cybersecurity, the leader in network detection and response and collective defense, announced new integrations with leading cloud, endpoint, and firewall platforms. These integrations enhance and expand the benefits of IronNet’s Collective Defense Platform for security operations teams. New capabilities in this release include integrations with: Amazon Web Services (AWS): Adding new IronNet sensors that […]

Retail Asia06/12/2019

Thanks that lack measures to withstand cyberattacks risk up to 65 percent of their quarterly profits, according to a recent stress test study by the Monetary Authority of Singapore. Direct and indirect impact from cyberattacks against banks are estimated to cause losses of 35-65 percent and 20-50 percent of quarterly profits, respectively. According to the study, […]

Retail Asia08/11/2019

Up to five trading houses were affected by the attack, which disrupted trading from 30 minutes to up to the whole morning session. Several brokerage houses in Singapore were hit by distributed denial-of-service (DDoS) attacks on October 24, the Monetary Authority of Singapore (MAS) said on Wednesday, in response to media queries. A DDoS attack happens […]

Retail Asia24/02/2015

Cyberthieves are increasingly targeting credit card information from point-of-sale systems, Tokyo-based information security company Trend Micro Inc. has warned. It’s a problem shared by countries worldwide, and Japan is no exception, the company said. POS attacks involve the use of computer viruses to intercept and extract confidential data from systems used to process credit card […]

Tag: Cyberattack

UBS Slows Digitalization After Significant Cyberattack

IronNet Cybersecurity adds new integrations to Collective Defense Platform

Banks Unprepared for Cyberattacks Risk More Than Half of Profits in Singapore

Singapore Brokerages Suffer Cyberattacks

Cyberattacks target in-store sales systems