Asia's approach to cyber security a disaster, forum told

Financial services institutions require an urgent shift in mindset over Asia’s vastly underestimated cyber security problem to view it less as an IT issue than a risk issue, a forum was warned. Ben Wootliff, Hong Kong managing director at Control Risks Group Holdings, noted security breaches involving financial institutions were happening every day in Asia, but said the fact it was not being reported indicated people were not facing up to it. “I can get you Hong Kong data of cre…