cyber security

Identity and access management: Secure or user-friendly?

Singapore (Dec 3): The right choice of authentication methods must be dictated, on one hand, by security concerns, and on the other – by meeting users' expectations. But it’s the latter aspect that has recently started to play a key role.

Singapore second safest country in the world; Asian countries become increasingly safer

SINGAPORE (Sept 2): Singapore has retained its position as the world’s second safest city, coming in just after Tokyo, in the latest edition of the Economist Intelligence Unit’s (EIU) Safe Cities Index (SCI) released on Thursday.

Other cities that clinched the top five spots are Osaka, Amsterdam and Sydney that ranked third, fourth and fifth on the list.

Singapore ranks 11th globally as cyber threat source, with 2 mil incidents in 2Q19: Kaspersky

SINGAPORE (July 17): Singapore is ranked 11th globally when it comes to locations with the most number of incidents caused by servers hosted in the country.

In fact, more than two million incidents which originated from servers located in Singapore were uncovered in the second quarter of 2019 alone, says Kaspersky, the cyber security solutions provider.

The report also found that a third of local users came close to being infected by local threats during this period.

In this new normal, governments lose cyber battles and people lose trust

SINGAPORE (Aug 20): By now, there is no question whether cyberattacks are a global scourge. And Singapore has not been immune: Both private companies and public-sector organisations here have been attacked.

Malaysian firms face heightened cyber risks with shifting political landscape: FireEye

SINGAPORE (Aug 15): With Malaysia’s new government calling for the renegotiation of certain Belt & Road Initiative (BRI) project terms, security company FireEye is expecting heightened espionage activity against Malaysian organisations.

It was last reported in July that Malaysia had already suspended the construction of its major Belt and Road rail project while it seeks to renegotiate the terms of its US$14 billion rail deal with Chinese partners.

KPMG partners A*STAR to establish first joint lab in professional services sector

SINGAPORE (July 27): KPMG and the Agency for Science, Technology and Research (A*STAR) have signed a three-year master research collaboration agreement (MRCA) together, with the intention of jointly establishing a data-science powered laboratory in the professional services sector.

The two entities have made an initial joint investment of $5 million for KPMG and A*STAR’s Institute for Infocomm Research (IRR) to launch their inaugural joint laboratory, which will mark KPMG’s first joint laboratory in Singapore as well as A*STAR’s foray into the professional services industry.

Singapore's 139-year-old telecom has plans for millennials

SINGAPORE (July 11): Singapore Telecommunications was around back when the telegraph was still cool. Now the 139-year-old company is experimenting with video games as a way to raise its profile with millennials.

The telecom giant yesterday announced it plans to start a competitive gaming league this year and will eventually sponsor its own team.

3 biggest cyber threats faced by financial institutions today & how to avoid them

SINGAPORE (Apr 13): According to cybersecurity solutions provider Check Point Software Technologies, the financial sector currently faces a total of cyber threats from three main areas, namely: The SWIFT network, consumer banking malware, and information theft.

In its recently-published 2018 Security Report, Check Point uses Far Eastern International Bank’s Oct 2017 US$60 million ($78.7 million) cyber theft as a prime example of how proprietary banking systems are still vulnerable to SWIFT attacks.

Singtel appoints Arthur Wong as CEO of Global Cyber Security

SINGAPORE (Jan 24): Singtel today announced that it has appointed Arthur “Art” Wong as the chief executive officer for Global Cyber Security, a newly-created position that underscores the growing importance of the group’s cyber security business.

Wong will be reporting to Bill Chang, CEO of Group Enterprise at Singtel.

Wong’s appointment took effect on Jan 22 and was formerly from DXC Technology, an end-to-end IT services company formed from the merger of Hewlett Packard Enterprise Services and Computer Sciences Corporation.

CHJ Tech selected to provide DDoS mitigation services to Singapore government

SINGAPORE (Sept 26): CHJ Technologies Singapore today announced that it has been chosen to supply cloud based distribution denial of service (DDoS) protection as well as web application security for the next three years to the Singapore government.

CHJ joins five other companies – Singtel, StarHub, BT, Evvo Labs and Embrio Enterprises – in a consortium that won the $50 million bulk tender to counter cyber-attacks for the Singapore government.

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