Security News
Google has unveiled a new pilot program in Singapore that aims to prevent users from sideloading certain apps that abuse Android app permissions to read one-time passwords and gather sensitive...
Sponsored The cyber attack which culminated in the personal details of 1.5m patients being compromised after hackers broke into the databases of SingHealth in 2018 provides a stark illustration of why organizations in Singapore need to remain vigilant and well protected against further incidents. Fostering the knowledge and expertise to do precisely that is the intention behind the Exercise Cyber Star program.
Last week the internet was abuzz with talk that Singapore's commercial Changi airport was no longer going to require passports for clearance at immigration. The news came through as Singapore passed its Immigration Amendment Bill which, among other things, enables the use of end-to-end biometric clearance at airports and checkpoints, beginning in the first half of 2024.
Singapore officials announced on Monday that next month they will deliver a consultation paper detailing a split liability scheme that will mean both consumers and banks are on the hook for financial losses flowing from scams. "There are some views that banks can easily absorb losses arising from individual scam cases. However, full restitution without due consideration of culpability is neither fair nor desirable," he told Parliament on Monday.
In measures floated in October 2022 and to be enacted by the end of 2023, Singapore's Monetary Authority will require operators to hold customer assets under a statutory trust segregated from their own assets. Crypto outfits are also barred from facilitating retail customer lending and staking - the term for locking up crypto assets for a set time to support blockchain validation.
Criminals have targeted datacenter operators in Singapore and China, tapping into their CCTV cameras, accessing their tenant lists and then attacking those customers. That lateral movement included accessing a list of the datacenter operator's CCTV cameras "With associated video stream identifiers used to monitor datacenter environments, as well as credential information related to operators and customers."
A report published by Deloitte in 2020 - Building cyber security into critical infrastructure: Protecting industrial control systems in Asia Pacific - concluded that critical infrastructure operators in Asia Pacific are being increasingly targeted by cyber espionage and sophisticated attacks which can severely disrupt essential services, including energy and water supplies. APAC cyber security professionals cannot afford to drop their guard for a second, but ICS/OT systems present some unique challenges when it comes to making sure they are safeguarded from unauthorized access, data theft and disruption.
The Singapore division of Starbucks, the popular American coffeehouse chain, has admitted that it suffered a data breach incident impacting over 219,000 of its customers. This breach concerns only customers who have used the Starbucks mobile app to make orders or used the chain's online store to purchase goods from one of the 125 shops the chain operates in Singapore.
What's notable about this campaign is its heavy reliance on Telegram bots and chats to coordinate operations and create phishing and scam pages. When a potential victim contacts the seller through the online storefront, the Classiscam operator deceives the target into continuing the chat on a third-party messaging service like WhatsApp or Viber before sending a link to a rogue payment page to complete the transaction.
The Monetary Authority of Singapore said on Tuesday that its cryptocurrency regulations will add measures to protect consumers, in addition to ongoing work to contain money laundering and terrorist funding. Singapore's anti-crypto rhetoric has increased in recent weeks, after Terraform Labs' "UST" stablecoin collapsed and helped to spark market uncertainty that has sent the price of many crypto assets tumbling.