Sign three MOUs in the areas of digital trade facilitation, digital identities and cyber security. Singapore and the United Kingdom (UK) are pleased to announce the signing of three Memoranda of Understanding (MOUs) in the areas of Digital Trade Facilitation, Digital Identities and Cyber Security between the governments of Singapore…
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Clearview’s facial recognition app allows users to upload a photo of a face and match it to one on the Internet. The UK’s Information Commissioner’s Office (ICO) and the Office of the Australian Information Commissioner (OAIC) opened a joint investigation into the personal information handling practices of Clearview AI Inc in July…
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Problem with access control servers . On the 24th of November DBS Singapore suffered an outage, which the bank identified as a problem with our access control servers and this is why many of you have been unable to log in. Tse Koon, DBS Singapore Country Head said that the…
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How Security Leaders Can Increase Their Executive Impact. To respond to an ever-changing threat landscape and increase impact among executive leadership, security and risk leaders should take a three-step approach to shift from a defensive to an offensive leadership position, according to Gartner, Inc. “This is a time of extraordinarily…
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The former Head of Information Warfare for Australian Defence, shows the value of data is ‘outside of our control’. This Meta/facebook announcement that it will no longer have face recognition, but continue with data collection, comes on the heels of a major Europol operation in Switzerland and Ukraine, conducted in…
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Among pioneering banks supporting API connectivity to a secure corporate network . Standard Chartered has tapped the SAP Multi-Bank Connectivity solution and joined as a member bank, aiming to offer an enhanced experience to corporate clients in meeting their transactional banking needs, simplifying the onboarding process, and delivering both traditional and new…
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SGFinDexas spurred financial planning among participating bank customers. The Monetary Authority of Singapore (MAS) and the Smart Nation and Digital Government Group (SNDGG) has launched the second phase of the Singapore Financial Data Exchange (SGFinDex). Individuals can now view information on their investment holdings at The Central Depository (CDP) as…
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Are we truly becoming more knowledgeable to new and emerging risks? Organisations are collecting more data – the foundation of any decision making — because of improving technologies, changing business needs, to satisfy regulatory requirements and to enhance risk management capabilities in our institutions. According to Damien Pang executive director…
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Analysts talk to CIOs in Australian and New Zealand Organizations to discuss 2022. Seventy-three percent of Australian and New Zealand (A/NZ) CIOs said cybersecurity will be their biggest technology investment in 2022, as greater regulation and threats increase leadership focus on security, according to Gartner, Inc.’s annual global survey of…
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A financial penalty of S$13,500 was imposed. The Personal Data Protection Commission Singapore has imposed a fine on SAP Asia for failing to put in place reasonable security arrangements to protect personal data of its former employees. This resulted in an unauthorised disclosure of the personal data to unintended recipients.…
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