Growth is driven by increased adoption of location tracking, facial recognition, remote working, etc. Asia Pacific spending on Internet of Things (IoT) will expand by 9.6% in 2021, accelerating from 1.5% in 2020. The latest release of IDC’s Worldwide Semiannual Internet of Things Spending Guide indicates a gradual growth of IoT…
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Trainings on digitalisation and cyber security to help SMEs in their business transformation. Prudential Singapore (“Prudential”) has partnered Ngee Ann Polytechnic (“Ngee Ann Poly”) and ST Engineering to equip small and medium-sized enterprises (SMEs) with the knowledge and resources on how to go digital in a safe and secure manner. The support…
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Building on proactive delivery. By 2023, 80% of APEJ organizations faced with complex global regulations will increase security compliance automation investment by 15% to ensure all policies and regulations are met consistently. This is just one of IDC’s predictions unveiled in its latest report, IDC FutureScape: Worldwide Future of Trust…
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Dr Tan See Leng, Minister for Manpower, at the Institute of Banking and Finance talks about the digitilisation wave. The financial services sector has remained resilient despite the Covid-19 pandemic. In 2020, the financial and insurance sector grew by 5.1% even as the overall economy contracted. In the first three…
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Investigating Samtrade FX, and its related entities in Singapore. The Commercial Affairs Department (CAD) of the Singapore Police Force and the Monetary Authority of Singapore (MAS) launched a joint investigation into online trading platform, Samtrade FX run by Samtrade FX Limited, a company registered in St Vincent and the Grenadines…
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CFOs must be aware of use cases, risks as digital currencies change every aspect of business. Twenty percent of large organizations will use digital currencies for payments, stored value or collateral by 2024, according to Gartner, Inc. The prediction has important implications for CFOs as they assess use cases and…
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As we wrap up Cybersecurity Awareness Month, organisations of every size should be looking to make cybersecurity a priority and not just an afterthought. Here, Salesforce’s Jay Hira, Security and Compliance Advisor, and Mark Gabriel, Platform Value & Development Executive, share their insights about what to consider when building a cybersecurity…
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Operate all the technology needed in this ‘new normal’. Victoria’s DPV Health had an approved digital modernisation plan to transition to Microsoft Teams when the pandemic struck. It meant that when it had to quickly pivot to offer remote working opportunities and telehealth services, the digital guardrails were in place,…
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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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