10th May 2016
The Philippines started the process to strengthen its anti-money laundering and bank secrecy laws on Tuesday, aiming to plug loopholes that allowed $81 million stolen in one of the world's biggest cyber heists to pass through Manila banks and casinos. Read More
29th March 2016
WENZHOU, China (AP) -- The email seemed unremarkable: a routine request by Mattel Inc.'s chief executive for a new vendor payment to China. Read More
29th March 2016
[MANILA] Kim Wong, the Philippine gambling junket operator whom a lawmaker has dubbed the 'missing link' in the cyber heist of US$81 million in Bangladesh central bank funds, will testify Tuesday before a televised Senate committee meeting. Read More
16th March 2016
DHAKA - A printer error first tipped off Bangladesh's central bank to one of the biggest cyber heists in recent history, according to a complaint filed to police that provided new details on the attempted theft of nearly US$1 billion. Read More
21st January 2016
Mumbai: Rising risks around cybercrime, internal fraud, bribery and corruption have been “key concerns” for Indian organisations over the past two years, according to a recent study. Read More
17th December 2015
A working group under the Financial System Council has compiled a draft proposal on regulations for virtual currencies that are traded on the Internet, informed sources said Wednesday. Read More