Apathetic leadership is major barrier to cybersecurity in APAC

COVID-19 accelerated period of digitisation and improved cybersecurity, but systemic security issues persist. Despite cyberattacks increasing, cybersecurity budgets have remained stagnant and executive teams continue to underestimate the level of damage threats can do to organisations. Nearly 70 percent of Asia Pacific organisations suffered a data breach in 2020, an increase…

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Digital supply chain tool used to combat COVID-19

ADB’s interactive mapping tool for supply chains now covers 34 items, including vaccines. When COVID-19 (coronavirus) pandemic hit, factories closed, and travel was halted. However, demand rose for items like surgical masks and personal protective equipment from the People’s Republic of China, some companies like Green Anchor Group thought there…

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The technologies transforming the finance sector

Jacqueline Loh deputy managing director Monetary Authority of Singapore talks about innovation. Innovation is transforming the financial sector. Digitalisation of financial services has made it easier for financial institutions to expand their global footprint, opened the door to new players, and set the stage for increasing cross-border connectivity. The adoption…

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Australian Government fortifies critical infrastructure

Australian Agencies agree to leave Chinese-owned Global Switch. To support the Australian Government’s plan for Australia to become a world-leading digital economy over the next decade, Home Affairs will work with Government agencies, businesses, and the community to further enhance cyber security measures and protect critical infrastructure. The Department is…

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Factories of the future

New manufacturing sites join the World Economic Forum’s Global Lighthouse Network as leaders in applying Fourth Industrial Revolution technologies. A community of world-leading manufacturers using Fourth Industrial Revolution technologies to enable bottom-line growth, despite the COVID-19 pandemic’s unprecedented disruption, 93 per cent of manufacturers achieved an increase in product output…

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Public Cloud services spending to grow 38 per cent in 2021

In Asia Pacific, excluding Japan to reach US$ 48.4B Organisations in APAC are adjusting to the new normal and reinventing themselves for both pandemic preparedness and competitiveness. As economic activities return to pre-COVID levels, majority of enterprises are building new technology enabled business models, with a focus to regain growth…

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