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Taiwan calls on US support to bolster banks' defense

TAIWAN’S financial system undergirds a $760 billion high-tech economy, but its vulnerability to advanced hacks has raised fears of a worst-case scenario: a full-blown cyberattack from China that sends its currency and markets into a tailspin. To bolster its online defenses, government officials and financial institutions in Taipei are consulting… ....

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Taiwan Calls on US Support to Defend Banks Against Cyberattacks

(Bloomberg) Taiwan’s financial system undergirds a $760 billion high-tech economy, but its vulnerability to advanced hacks has raised fears of a worst-case scenario: a full-blown cyberattack from China that sends its currency and markets into a tailspin.Most Read from BloombergAbu Dhabi Is the World’s Newest Wealth Haven for BillionairesJack Ma’s Biggest E-Commerce Rival Is Coming for AmazonWall Street Holds Back on Big Bets Before CPI Test: Markets WrapHarvard’s Deepening Disunity Pits Alumn ....

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Cross-strait forums 'back door' for China: DPP

Cross-strait forums and similar engagements with China are a diplomatic “back door” and an improper “shortcut,” a Democratic Progressive Party (DPP) official said yesterday, adding that Beijing should return to formal government-to-government dialogue with Taiwan,
Chinese Nationalist Party (KMT) delegates are to participate in the Chinese-organized Straits Forum, while the Taipei City Government plans to hold the Taipei-Shanghai Twin City Forum next month, but these are inappropriate diplomatic exchanges, DPP caucus secretary-general Cheng Yun-peng (鄭運鵬) said at the legislature in Taipei.
“In political institutions and democratic nations, the normal conduct of bilateral exchanges are through direct talks between governments,” Cheng said.
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