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(7 May 2024) – The Shenzhen local standard titled ‘Information Disclosure Specification for Online Transaction Operators’ convened successfully at the Industrial and Commercial Price Building in Futian District, Shenzhen. Guided by the Shenzhen Market Supervision Bureau, this standard was meticulously drafted by a collaborative effort involving key stakeholders. Notable contributors included the Zhongxin Center, Shenzhen Institute of Standards and Technology, Shenzhen Fenqile Network Technology Co., Ltd., Shenzhen Soule Network Technology Co., Ltd., Shenzhen Yunwang Wandian Electronics Business Co., Ltd., and Shenzhen Tencent Computer System Co., Ltd.

During the meeting, esteemed individuals played pivotal roles in shaping the standard. Yu Rongfang, the deputy director of the Consumer Protection Division at the Shenzhen Municipal Market Supervision Bureau, provided valuable insights. Additionally, Zhang Xihui, director of the Public Trust Center, and Liu Zeyuan, deputy manager of the Public Business Department, actively participated in the drafting process. Their collective expertise ensures that the ‘Information Disclosure Specification’ aligns with best practices and promotes transparency in online transactions.

For more information, please visit https://www.ebs.org.cn/DynamicsDetails/3116c653-d28f-4ab7-89fb-7fb8ac07fab4.

(25 April 2024) – CyberSecurity Malaysia and KDDI Malaysia have formalized their commitment to collaborate on Digital Transformation and Cyber Security Initiatives through the signing of a Memorandum of Understanding (MoU).

The MoU was signed by Dato’ Ts. Dr. Haji Amirudin Bin Abdul Wahab, CEO of CyberSecurity Malaysia, and Miki Sawabe, Managing Director of KDDI Malaysia. Witnessing the signing were Atsushi Karimata, Deputy Chief Of Mission of Japan, and Lt Col Haji Mustaffa Bin Ahmad (Retired), Senior Vice President of Business Development And Industry Affairs.

The signing ceremony was also attended by delegates from CyberSecurity Malaysia, KDDI Malaysia, and the Embassy of Japan. This Memorandum of Understanding seeks to establish a strategic partnership that will enable CyberSecurity Malaysia and KDDI Malaysia to collaboratively advance digital transformation and ensure robust cybersecurity measures.

(22 April 2024) – Hong Kong Federation of E-Commerce (HKFEC) is invited to be a supporting organization of the 9th Cloud Forum. The event will be held on 13 June 2024 (Thu) at Hong Kong Convention and Exhibition Centre (New Wing) with the theme of Gen AI: Reshaping the Future Cloudscape.

For more information, please visit https://hkfec.org/highlight/9th-cloudforum/.

(1 April 2024) – The Consumers Association of Singapore (“CASE”) has appointed Mr Dexter Tay Hai Hong as its new Executive Director, with effect from 1 April 2024. Mr Tay succeeds Ms Lee Siow Hwee, who was on secondment from the People’s Association (“PA”).

For more information, please visit https://www.case.org.sg/wp-content/uploads/2024/04/Media-Release-CASE-appoints-new-Executive-Director.pdf.

(28 March 2024) – Developed collaboratively by the Global Anti-Scam Alliance (GASA), BioCatch and SSF Stöldskyddsföreningen, the report offers crucial insights into the current landscape of scam activities in Sweden as of 2024.

The findings of this report are both staggering and concerning. Notably, Swedish citizens have incurred substantial financial losses, totaling a staggering $2.75 billion, directly affecting 0.5% of the nation’s GDP. Furthermore, the report highlights that 1-in-8 Swedes have fallen victim to online scams, with a significant portion encountering fraudulent activities on a monthly basis. This alarming trend is compounded by a simultaneous decline in confidence regarding scam detection, evidenced by a notable 93% increase in scam attempts against the Swedish populace.

To read the full report, please visit https://www.gasa.org/research.