Spooked by Bangladesh heist, Asian security summit works on cybersecurity


  • TECH
  • Monday, 06 Jun 2016

Heightened concerns: The theft of US$81mil (RM330.7mil) from Bangladesh's central bank has increased cybersecurity concerns at Singapore's annual Shangri-La Dialogue. Pictured is China's joint staff department deputy chief admiral Sun Jianguo at the event.

SINGAPORE: The South China Sea dispute and worries about North Korea dominated an Asian security summit at the weekend, but cybersecurity was also in focus as regional officials sought to improve coordination amid a rise in high-profile hacks.

Alarmed by the theft of US$81mil (RM330.7mil) from Bangladesh's central bank in February, one of the world's biggest ever cyber heists, cybersecurity was among the top concerns discussed at Singapore's annual Shangri-La Dialogue. For the first time, the conference allotted one of its six special sessions to cybersecurity.

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