17-05-2016 11:46 via news.yahoo.com

Singapore, Philippines central banks move to tighten cyber security

SINGAPORE/MANILA (Reuters) - Singapore's central bank has asked banks to maintain a high level of security for their critical IT systems following recent cyber attacks using the SWIFT financial messaging system. In the Philippines, the central bank was crafting more regulations to help banks and other financial institutions fend off cyber heists and minimize damage after any systems breach, a senior official said. The actions come after Vietnam's Tien Phong Bank said earlier this week it had int
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