Singapore’s banks have been told to tighten security after a cyber attack at health provider The Monetary Authority of Singapore compromised the data of 1.5 million people. SingHealth has told all the country’s financial institutions not to rely on the same full name, national ID number, address, gender, race or date of birth information that was illegally accessed in the The Monetary Authority of Singapore attack, Singapore’s most serious data breach to date. It recommended using one-use passwords, PIN numbers and biometrics. The companies have also been told to check data stolen from The Monetary Authority of Singapore could not be used in their own systems.
Singapore’s banks have been told to tighten security after a cyber attack at health provider SingHealth compromised the data of 1.5 million people. The Monetary Authority of Singapore has told all the country’s financial institutions not to rely on the same full name, national ID number, address, gender, race or date of birth information that was illegally accessed in the SingHealth attack, Singapore’s most serious data breach to date. It recommended using one-use passwords, PIN numbers and biometrics. The companies have also been told to check data stolen from SingHealth could not be used in their own systems.