Push harder on cyber intel sharing, Apac regulators told

Regulators must work with banks to foster trust on cyber threat intelligence sharing, say execs

Asia-Pacific regulators want banks to share more intelligence on the nature of the cyber threats they face, to the mutual benefit of the industry. Lenders, however, fear penalties if they highlight perceived weaknesses in their defences, and are unwilling to risk breaching local data protection laws.

Such concerns are ill-founded, argues Kunal Sehgal, managing director of the Global Resilience Federation for the Asia-Pacific region – the threat intelligence-sharing forum spun out of the Financial