Adroit marketing and retailing have helped China’s top handset makers boost sales in Taiwan, but concerns about data security are mounting. Among smartphone brands, Taiwanese consumers have long favored Apple, which holds a little over one-quarter of the market. Samsung follows with almost 19%, according to data from German research firm GFK Global. Subsidies from…
The European Union (EU)’s new data protection regime, the General Data Protection Regulation (GDPR), will come into force on May 25, with huge implications for how global businesses, including those in Taiwan, handle personal data. The GDPR, which succeeds the Data Protection Directive of 1995, aims to harmonize data-protection regulations across the EU. But the…
People have long followed Facebook CEO Mark Zuckerberg’s example of taping a piece of paper over their notebook’s camera to ensure their privacy, and Chinese manufacturer Huawei’s plans for the U. S. market have likely been permanently derailed by chronic rumors that its devices send private information straight back to the Chinese government. Yet the…
Declaring that “information security is national security,” President Tsai Ing-wen’s administration has made considerable progress fulfilling promises to beef up Taiwan’s cybersecurity defenses as well as to spur development of the home-grown cybersecurity sector. A Department of Cybersecurity was established in 2016 as an official unit under the Executive Yuan, upgraded from its previous incarnation…
“White hat” hackers and cyber-cops fight crime in Taiwan’s heavily attacked cyberspace. Cybercrime is a growing problem in Taiwan and around the world, cybersecurity experts and law enforcement officers agree. “It’s absolutely on the rise because everything is connected to the internet – you can shop online, can do anything,” says Wu Fu-mei, acting director…
The situation is seen not only as a threat to be defended against, but also as an opportunity to build new lines of business. Globally 2017 saw a surge in cyberattacks that raised the alarm over cybersecurity. Among the most sensational incidents were the WannaCry ransomware hack that infected 230,000 computers in 150 countries, including…
An examination of the incident shows things that Taiwan did well, plus areas in need of improvement. On July 9 and 10 last summer, the ATM network of the First Commercial Bank in Taiwan was hit by a well-coordinated hack that took control of the system, forcing selected ATM machines to spew cash out to…
Some suggestions on how to safeguard confidential company information. When it comes to your company’s sensitive non-public information, it’s an important first step to make sure that employees and management are both part of a protective culture. Too often non-disclosure agreements (NDAs) or confidentiality terms are simply tucked away within a bunch of formal documents…
Microsoft’s Digital Crimes Unit (DCU), an investigative consultancy aimed at assisting law enforcement agencies to root out cybercrime, employs a dynamic map that displays locations from which cyberattacks are originating, as well as locations that are being victimized. Until roughly seven years ago, the map showed Taiwan as being the victim of large-scale cybercrime. But…
