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New transaction signing token will cost six largest Singapore banks more than $50m
Banks are convinced that commercial risk-reward trade-offs and customer inconvenience do not fully justify the new transaction signing token for e-banking.
US banks must heighten defences against cyber threats
FS-ISAC raises cyber threat level as BofA, JPMorgan, and Wells Fargo experience recent network disruption linked to cyber-attack claims in the US.
Asian banks need to allocate sufficient funds to combat DDoS attacks
With rapid adoption of broadband connectivity, banks across the region may experience increased DDoS attacks, targeting banks’ networks and online banking capabilities.




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