Six banks share customer info to help Singapore fight money laundering

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Six banks share customer info to help Singapore fight money laundering
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PLUS: Google Cloud ANZ boss departs; Japan revives airliner ambitions; China-linked attackers target Asian entities

Singapore's Monetary Authority on Monday launched an application, intuitively named"COllaborative Sharing of Money Laundering/TF Information & Cases" to target money laundering and terrorism financing.

A group named Stately Taurus targeted entities in Myanmar, the Philippines, Japan and Singapore near the beginning of March as the ASEAN-Australia Special Summit was being held. Malware packages from the found by the researchers – titledThe second group targeted government entities within Southeast Asia, including Cambodia, Laos, and Singapore.

Singapore telecommunication giant Singtel has signed Memoranda of Understanding with Cisco, Fortinet and Nokia to provide a Quantum Safe Network service.

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