Researchers with Trellix named the malware "Graphite" because it uses Microsoft's Graph API to leverage OneDrive as a command and control server.
With Singapore's digital bank licensees expected to begin operations this year, a spate of online scams wiping victims of their life savings serves as yet another wakeup call and demonstrates regulations sometimes are the only way to shake organisations out of complacency.
New measures, which include the removal of hyperlinks from email or SMS messages sent to customers and a 12-hour delay in activation of software tokens, will be implemented within two weeks and follow a spate of phishing SMS scams that wiped some victims of their life savings.
Controversy has swirled around China's MY2022 Olympics app due to privacy and security vulnerabilities.
Monetary Authority of Singapore warns again about the high risks involved in cryptocurrency trading and instructs providers of such services not to publicly promote or advertise their offerings, as doing so may encourage consumers to trade on impulse.
Health Sciences Authority says smugglers and peddlers have tapped messaging apps, such as Telegram and WeChat, to advertise and sell e-vaporisers, which are prohibited in the country.
Singapore's trade minister says it will be "more selective" of data centres it will allow in the country, singling out facilities that demonstrate high "resource efficiency".
Internet activity in the country ground to a halt this week as protests erupted over a rise in gas prices.
Country's industry regulator releases draft laws that will require, amongst others, mobile apps providing news to be licensed to do so and those that may influence public opinion to undergo a security assessment.
CrowdStrike said in a new report that they've seen a China-based group searching for intellectual property through Log4Shell.
Alibaba Cloud has been suspended from their information-sharing partnership with the Ministry of Industry and Information Technology for six months.
Country's cybersecurity agency gathers representatives from critical information infrastructure sectors for two emergency meetings, during which instructions and technical information were provided to help these companies deal with potential threats from Log4j.