Dr Chris Brauer University of London, identifies a new safety movement. The Consensus for Change report surveyed 12,000 citizens and interviewed 50 public safety agencies, commercial organisations and industry experts across 10 geographic markets (Australia, Germany, Italy, Malaysia, Nordics, Singapore, Spain, Taiwan, United Kingdom, United States). It analyses how the global…
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Enterprise security spending in South Korea to reach $US2B in 2025
Massive increase in the volume and magnitude of cyber-attacks. The total addressable market size of enterprise security in South Korea, in terms of spending opportunity, is poised to reach $US2bn in 2025 as the need to secure vital information assets against security breaches becomes crucial for enterprises shifting towards digital…
Read MoreSocial media outage caused global disruption
Facebook disruption hurt Instagram and WhatsApp business users. Facebook has issued an apology for a global outage on the 4th of October 2021, that caused disruption to all the people and businesses around the world who depend on the social media site. Santosh Janardhan VP Infrastructure at Facebook issued the statement offering apologies for “the…
Read MoreMAS and financial industry to use new digital platform to fight money laundering
New digital platform, named COSMIC. The Monetary Authority of Singapore (MAS) announced today that it will introduce a digital platform and enabling regulatory framework for financial institutions (FIs) to share with one another relevant information on customers and transactions to prevent money laundering (ML), terrorism financing (TF) and proliferation financing…
Read MoreGlobal VM market sees strong growth due to rise in cyber threats
Enterprises are becoming more vulnerable to cyber-attacks as they embrace digital transformation initiatives. Enterprises are becoming more vulnerable to cyber-attacks due to an expanded attack surface resulting from multiple touchpoints through an open network and easy accessibility to databases and applications. The buoyant global vulnerability management (VM) market is expected…
Read MoreBanks, retailers, social media companies and telcos blamed for scam message explosion
Erosion of digital trust, with fed up consumers saying more needs to be done to protect their personal information. Consumers believe banks, retailers and mobile operators need to do more to protect them and their personal information from fraudsters. Trust in these organizations is eroding fast because consumers say they…
Read MoreMalicious cyber actors are actively targeting Australians
Key cyber threats affecting Australia and provides vital advice on to protect businesses online. The Australian Cyber Security Centre (ACSC) has released its Annual Cyber Threat Report 2020–21, highlighting the key cyber threats affecting Australian systems and networks, and uses strategic assessments, statistics, trends analysis, and case studies to describe…
Read MoreSingapore companies struggle to repel network attacks
Embracing secure access service edge (SASE) technologies to overcome work-from-home challenges. Singapore companies are struggling to repel network attacks, falling victim to dangerous ransomware assaults, and having to deal with deadly consequences, according to a new report from Barracuda, a trusted partner and leading provider of cloud-enabled security solutions. Taking in 750 global…
Read MoreBuilding data co-operation in APAC
Singapore Deputy Commissioner at PDPC Yeong Zee Kin talks about digitalisation and data flows. Data is a non-rivalrous resource. Different organisations can work on their respective copies of the same dataset, each having an opportunity to benefit from it. The ability to benefit comes down to having imagination and the…
Read MoreAustralian service provider passes 200 government cleared security staff
Security accreditations governed by the Department of Defence. Macquarie Telecom Group stated it has surpassed 200 government-cleared security staff, with plans to continue to grow that number, as it continues to invest in local skills and capability to protect Australia’s sensitive government and citizen data. Surpassing 200 security-cleared staff is…
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