SINGAPORE (Feb 21): Singapore will be allocating some $1 billion into cybersecurity over the next three years to boost the government’s cyber and data security capabilities, Finance Minister Heng Swee Keat announced on Feb 18. This was to “safeguard citizens’ data and our critical information infrastructure systems” as data security is a “vital prerequisite and key enabler of Singapore’s digital economy”.

"As we embark on initiatives to realise our Smart Nation ambitions, we must continue to enhance our cyber capabilities," adds Heng, who is also the Deputy Prime Minister.

Main image: A robot on display at the Singapore Airshow. The republic is allocating $1 billion to beef up its cyber defences as it gears towards becoming a Smart Nation

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