Singapore — The Centre for Finance, Technology and Entrepreneurship (CFTE) is collaborating closely with the Monetary Authority of Singapore (MAS) to develop a financial technology (fintech) education hub for finance professionals. The CFTE was established in May to provide an education program for professionals in the ever-changing field of digital...

Last Tuesday, news reported that the U.K. government is seriously examining plans to impose fines on national service providers that fail to implement effective cybersecurity measures. The move is intended for national infrastructures that provide services like energy, healthcare, water, electricity, and transportation. Its aims to provide legal regulations to help...

News last week reported that Cisco lost customer data in its Meraki service, a cloud-based program designed to centrally manage network settings. Cisco owned up to the engineering mishap, stating engineers mistakenly uploaded an erroneous configuration file that dictated incorrect commands to its North American system. This resulted in files...

A new all-time record has been hit by the entire cryptocurrency market, exceeding its $120 billion mark. Breaching the $120 billion limit happened within just two months, after the notable $100 billion crypto-cap was exceeded in June. Prior to the the crypto market's increase, it experienced drops in July from...

Google has discharged James Damore, the senior software engineer behind the anti-diversity manifesto that circulated among Google's employees last Tuesday. Damore's written document sparked outrage among employees earlier this week, particularly for justifying gender inequality in the tech industry. He claimed that women could not command many tech positions because they...

A large-scale cybersecurity training seminar was organized in Malaysia by Mastercard and the Alliance for Financial Inclusion (AFI) for 70 financial regulators across 35 countries. The event titled Cybersecurity Challenges and Resilience Management aimed to inform participants of best practices in preventing breaches, detecting threats, and responding to cyber attacks. The...

Two of Germany's top publications, ProSiebenSat.1 Media SE and RTL Group, have partnered to oppose market dominance of Facebook, Google, and Amazon. They will work closely with United Internet to develop a unified user login service. The alliance aims to establish open standards which comply with the General Data Protection...

Reports last Sunday revealed that a manifesto authored by a senior Google engineer is being met with anger due to sexist pronouncements and opposition to workforce diversity. The 10-page internal document called Google's Ideological Echo Chamber spoke against the tech company’s “left-leaning” bias. Reported by Motherboard, the author was unnamed by...

Concerns regarding the vulnerabilities of GPS ship navigation is pressing countries worldwide to come up with a reliable back-up plan that uses traditional radio frequency. Ships currently rely on GPS for satellite navigation, which is highly susceptible to signal jamming from hackers. To resolve this, nations are pushing to develop...