Demonstrating accountable data protection practices. Singapore-based insurance company, Great Eastern Life has backed its digitalisation strategy with the Data Protection Trustmark (DPTM) and APEC Cross Border Privacy Rules (CBPR) certifications. The Infocomm Media Development Authority (IMDA) Data Protection Trustmark (DPTM) is a voluntary enterprise-wide certification that recognises organisations with accountable data…
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Cyber Resilience Executive Society – 2020 Wrap Up
Data protection guidance in the digital economy
The pandemic boosts digital economy but data protection must take priority for businesses. The Personal Data Protection Commission (PDPC) Singapore wants to help businesses use data responsibly to grow businesses, compete well, and to develop new products and services. The PDPC was amended to do just that. As of February…
Read MoreMAS clears up implications of consumer data monopoly issues
Tharman Shanmugaratnam, Senior Minister and Minister in charge of Monetary Authority Singapore answers data protection questions. Tharman Shanmugaratnam, Senior Minister and Minister in charge of Monetary Authority Singapore answers the implications of consumer data monopoly by firms; how is the personal data of users of digital payments being protected when…
Read MoreCyber attacks in Singapore happen less often, but are severe
Less than half of Singapore businesses see cyber attack, compared to rest of the world. Singapore’s threat landscape appears to have plateaued while the rest of the world battles a growing plague of cyberattacks. For the first-time in three editions of VMware Carbon Black’s Singapore Threat Report, only 43 per…
Read MoreJapan puts central bank digital currencies on policy roadmap
Bank of Japan and Japanese Govt indicates potential plans for digital currency . By Tetsushi Kajimoto and Daniel Leussink TOKYO (Reuters) – Japan will look closer into whether to issue central bank digital currencies (CBDCs), the government said in its annual policy roadmap, a sign that Tokyo may be warming…
Read MoreAPAC CIOs and CISOs must heed Twitter attack
BeyondTrust CTO/CISO says attack can happen to any organisation anywhere in the world. The hack on Twitter last week showed, all organisations were vulnerable to an attack, through social engineering and phishing. On the 15th of July social media giant Twitter reported, attackers targeted certain Twitter employees through a social…
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