FinTIP notice as a precautionary notice, says Bank Negara

KUALA LUMPUR: Bank Negara has clarified that the Financial Sector Cyber Threat Intelligence Platform (FinTIP) alert is a routine precautionary notice meant for financial institutions (FIs) and their connected counterparties.

“FinTIP constantly scans the cyber landscape and highlights emerging threats including potential escalation in hacking activities.

“The FinTIP alert allows financial institutions to take appropriate preventive measures to secure their systems and avoid any potential disruption to financial services,” Bank Neagra said in a statement.