IoT devices are posing an increasingly high risk of cyber-attack

Lloyd’s and reinsurance broker Guy Carpenter finds vulnerabilities for industrial and manufacturing businesses. As cyber threats continue to evolve and become more sophisticated, it is crucial for insurers to understand these emerging risks in order to keep pace with their clients’ exposures. The recently released report, The Emerging Cyber Threat to…

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COVID-19 causes seismic shift to digital service jobs in SEA

The region has recorded a significant uptick in digital services adoption, including the emergence of two new fields, healthtech and edtech. COVID-19 brought significant disruption to the global economy, and with it came permanent changes to the jobs landscape. Across Southeast Asia, many businesses and workers continue to navigate the…

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Singapore seeks digital innovations to bring a stronger economy

Heng Swee Keat Deputy Prime Minister, Coordinating Minister for Economic Policies and Minister for Finance of Singapore delivered the country’s budget for 2021 financial year. Budget 2021: Emerging Stronger Together sets out the Government’s plans to continue to tackle our immediate challenges, and build a stronger Singapore that is economically…

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Singtel’s internal file sharing provider suffered cyber security attack

Accellion’s file sharing system called FTA has been illegally attacked. Singaporean multinational telecommunications conglomerate Singtel has been informed by its third-party vendor Accellion that it has suffered a cyber attack. According to Singtel, Accellion’s file sharing system called FTA has been illegally attacked by unidentified hackers. This is a standalone…

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Sponsored Content – ActiveEDR – The new kid on the cybersecurity block?

If history has taught us anything, Arthur muses, it is that new technologies become outdated pretty quickly as the threat landscape changes continuously. When threats began to emerge in the 90s, many businesses moved to install anti-virus protection. These new products were able to fight against a relatively small number… Read More

Banks in China must strengthen resilience and accelerate transformation

Financial institutions need to enhance the resilience of capital, technology and talent. Over the past nine months, the COVID-19 pandemic has reshaped the banking industry across multiple dimensions, by ushering in a new competitive landscape, prompting a new wave of innovation, and accelerating digitization in almost every sphere of banking…

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India drafts up a national strategy on blockchain

Application potential in different domains such as governance, banking and finance, cyber security India’s Ministry of Electronics and Information Technology (MeitY) has identified Blockchain Technology as one of the important research areas having application potential in different domains such as governance, banking, finance, and cyber security. MeitY has supported a…

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Businesses will have a dedicated cybersecurity committee by 2025

Board directors rate cybersecurity second-highest source of risk for the enterprise. By 2025, 40 per cent of boards of directors will have a dedicated cybersecurity committee overseen by a qualified board member, up from less than 10 per cent today, according to Gartner. This is one of several organisational changes Gartner expects…

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