The Reserve Bank of India has decided to allow all banks to use remote video-based "know your customer" authentication for onboarding new clients. But some observers say many Indian banks may prove reluctant to use video KYC because they lack the necessary technology and new customers lack smartphones.
One of biggest challenges of complying with Thailand's Personal Data Protection Act, which will go into effect in May, is managing the consent of customers, says Surachai Chatchalermpun, CISO with Krung Thai Bank, the nation's largest state bank.
The British government continues to delay deciding whether it will ban Chinese networking gear from its national 5G rollout, as the Trump administration demands. But with future trade deals on the line as the U.K. navigates its "Brexit" from the EU, Britain cannot afford to anger either Beijing or Washington.
Human error looks to be the obvious culprit in an accidental data breach by Britain's Cabinet Office, which published the home addresses of celebrities such as Elton John and Olivia Newton-John when it released a list of individuals set to be recognized for their contributions to British society.
"I don't think most organizations are prepared for the personal data protection and privacy bill that has been approved by the cabinet, as most people still confuse privacy and security and think that it is just an add-on to security," says Privacy Expert, Shivangi Nadkarni, CEO, Arrka Consulting.
Wanted: A new chief executive to assume command of Britain's growing National Cyber Security Center, part of GCHQ. As Ciaran Martin departs, the successful NCSC model he helped create is being widely emulated in many countries. But the U.S. remains a notable holdout.
The personal data of about 120,000 Singapore defense personnel is reportedly compromised through email phishing attacks against two security vendors, according to a statement by the Ministry of Defense.
For two years, an attack group using Ukraine-based infrastructure has been creating hundreds of lookalike domains to target customers of 14 different Canadian banks via phishing attacks, security researchers at Check Point warn.
Starting Jan. 1, State Bank of India will no longer accept magnetic stripe debit card transactions and will accept only EMV chip-based cards in compliance with an RBI mandate, which is designed to help prevent card fraud, including skimming and cloning.
The gang behind Maze ransomware now lists 21 alleged victims on its website that it says have not paid a demanded ransom, including the Florida city of Pensacola. But Canadian construction firm Bird, which was listed as a victim, subsequently disappeared from the list.
Singapore's recent order requiring Facebook to label a blog critical of the ruling government as "false" has drawn harsh criticism. And the action calls into question how the country's new Protection from Online Falsehoods and Manipulation Act might be used to suppress free speech.
Although many governments have adopted "Cloud First" strategies with respect to their modernization efforts, are they transitioning to the cloud using "Cloud Smart" ? strategies Recent findings from the 2019 Unisys Cloud Success Barometer survey shows that 23% of government have embraced multi-cloud solutions,...
South Korean cryptocurrency exchange Upbit says hackers have stolen $49 million worth of ethereum, in what is the year's seventh major cryptocurrency heist. Much of the $158 million stolen so far this year is likely fueling the North Korean regime's appetite for luxury goods and weapons of mass destruction.
Many companies have already been hit by a ransomware attack- or will be. Technically astute hackers continue their ability to infiltrate ransomware so much, that Ransomware as a Service is now available on the darknet. In today's hyper connected world, it could be only a matter of time until 'something' happens. How...
The Australian government's digital health records program manages risk and privacy relatively well, according to a new audit, but there's room for improvement in third-party risk management and emergency access to sensitive health records.
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