BANGKOK (THE NATION/ASIA NEWS NETWORK) -Cybersecurity experts have urged the government to quickly strengthen legal safeguards by adding measures to prevent data leaks after the computer systems of two major Thai banks were hacked recently. According to the Bank of Thailand (BOT), the computer systems of Kasikornbank and Krung Thai Bank were compromised in the attack, affecting the security of personal and corporate data of more than 120,000 customers. This has raised concern that cybercriminals could subsequently abuse this data, even though bank executives have claimed that there had been no damage so far. Mr Paiboon Amonpinyokeat, a legal expert on cybersecurity, said the incidents at the two major banks were worrying and the potential damage could be worse than money stolen from bank accounts. According to the central bank, the personal data of about 117,000 customers of Krung Thai Bank applying for personal, housing and other loans were recently hacked, while Kasikornbank reported … [Read more...] about Thailand urged to push legal measures on data leaks after hacking attack on two Thai banks
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Govt urged to push legal measures on data leaks
CYBERSECURITY experts have urged the government to quickly strengthen legal safeguards by adding measures to prevent data leaks after the computer systems of two major Thai banks were hacked recently. According to the Bank of Thailand (BOT), the computer systems of Kasikornbank and Krung Thai Bank were compromised in the attack, affecting the security of personal and corporate data of more than 120,000 customers. This has raised concern that cybercriminals could subsequently abuse this data, even though bank executives have claimed that there had been no damage so far. Paiboon Amonpinyokeat, a legal expert on cybersecurity, said the incidents at the two major banks were worrying and the potential damage could be worse than money stolen from bank accounts. According to the central bank, the personal data of about 117,000 customers of Krung Thai Bank applying for personal, housing and other loans were recently hacked, while Kasikornbank reported that the data of about 3,000 … [Read more...] about Govt urged to push legal measures on data leaks
Facebook’s Zuckerberg apologizes to EU lawmakers over data leak
BRUSSELS: Facebook boss Mark Zuckerberg apologized to European Union lawmakers on Tuesday for a massive data leak, in his latest attempt to draw a line under a scandal that has rocked the world's biggest social media network.Zuckerberg agreed to meet leaders of the European Parliament to answer questions about how political consultancy Cambridge Analytica improperly got hold of the personal data of 87 million Facebook users, including up to 2.7 million in the EU.In his opening remarks, Zuckerberg said it had "become clear over the last couple of years that we haven't done enough to prevent the tools we've built from being used for harm as well.""Whether it's fake news, foreign interference in elections or developers misusing people’s information, we didn’t take a broad enough view of our responsibilities. That was a mistake, and I’m sorry."His comments, sitting at a circular table with EU Parliament leaders, dressed in a suit, tie and white shirt, echo an apology … [Read more...] about Facebook’s Zuckerberg apologizes to EU lawmakers over data leak
Facebook’s Zuckerberg apologises to EU lawmakers over data leak
Technology Facebook boss Mark Zuckerberg apologised to European Union lawmakers on Tuesday for a massive data leak, in his latest attempt to draw a line under a scandal that has rocked the world's biggest social media network. 23 May 2018 12:36AM (Updated: 23 May 2018 12:50AM) Bookmark BRUSSELS: Facebook boss Mark Zuckerberg apologised to European Union lawmakers on Tuesday for a massive data leak, in his latest attempt to draw a line under a scandal that has rocked the world's biggest social media network.Zuckerberg agreed to meet leaders of the European Parliament to answer questions about how political consultancy Cambridge Analytica improperly got hold of the personal data of 87 million Facebook users, including up to 2.7 million in the EU.In his opening remarks, Zuckerberg said it had "become clear over the last couple of years that we haven't done enough to prevent the tools we've built from being used for harm as well.""Whether it's fake news, foreign interference in … [Read more...] about Facebook’s Zuckerberg apologises to EU lawmakers over data leak
Facebook’s Zuckerberg to apologise to EU lawmakers over data leak
Technology Facebook boss Mark Zuckerberg arrived to meet European Union lawmakers on Tuesday ready to apologise for a massive data leak, in his latest attempt to draw a line under a scandal that has rocked the world's biggest social media network. 23 May 2018 12:36AM Bookmark BRUSSELS: Facebook boss Mark Zuckerberg arrived to meet European Union lawmakers on Tuesday ready to apologise for a massive data leak, in his latest attempt to draw a line under a scandal that has rocked the world's biggest social media network.Zuckerberg agreed to meet leaders of the European Parliament to answer questions about how political consultancy Cambridge Analytica improperly got hold of the personal data of 87 million Facebook users, including up to 2.7 million in the EU.According to pre-released remarks, Zuckerberg will say it has become clear "over the last couple of years that we haven't done enough to prevent the tools we've built from being used for harm as well.""Whether it's fake … [Read more...] about Facebook’s Zuckerberg to apologise to EU lawmakers over data leak