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The Association of Banks in Singapore (ABS) has recently revealed that major retail banks in Singapore have bolstered their security protocols to address the growing complexity of cyber threats.

According to a survey conducted by the digital association Bitkom, Germany is projected to incur €206 billion in losses in 2023 due to theft of IT equipment, data breaches, digital espionage, and industrial espionage.

The Securities and Exchange Commission (SEC) has introduced a groundbreaking cybersecurity measure that represents an extensive endeavor by the United States government to enforce cybersecurity protocols.

Source: Money.co.uk

New figures released in the updated 2023 Fraud Report from the credit card experts at money.co.uk, which analyses police figures to reveal where in the UK has seen the biggest rise in fraud and cyber crime, show that reports of fraudulent attacks have increased yet again.

Source: Securities and Exchange Commission

The Securities and Exchange Commission today adopted rules requiring registrants to disclose material cybersecurity incidents they experience and to disclose on an annual basis material information regarding their cybersecurity risk management, strategy, and governance.

Source: ITCPEacademy.org

Numerous global businesses may have experienced the repercussions of the MoveIt breach, a cyber attack on a third-party data-transfer provider. This breach has potentially exposed the private and sensitive information of millions of individuals, particularly in the United States. It is important for both businesses and individuals to understand the details of the hack and take appropriate measures in response.

HSBC Collaborates with BT and Toshiba for Quantum-Secured Metro Network, Enhancing Cybersecurity Measures.

The US Department of State has announced a reward of $10 million for information that connects individuals affiliated with a group associated with Clop ransomware to a foreign government. The department shared this news through its Rewards for Justice initiative, which was established in 1984 to enhance national security by encouraging the reporting of details related to terrorism, cyber threats, North Korean activities, and election interference.

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