Bank customers in Singapore hit by fraud

Banking and telecommunication systems not compromised. The Infocomm Media Development Authority (IMDA), Monetary Authority of Singapore (MAS), and Singapore Police Force (SPF) said that malicious actors overseas had diverted and used SMS one-time passwords (OTPs) to perform fraudulent credit card transactions affecting 75 bank customers in Singapore. These transactions, amounting…

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Singapore pushes digital plans to help PCM industry

Guide to help PCM enterprises assess their digital readiness and identify suitable digital solutions. More than 500 businesses and 30,000 employees can now leverage the Process Construction & Maintenance (PCM) Industry Digital Plan (IDP) to build digital capabilities and mitigate some of the current challenges faced by the industry. Jointly led by Enterprise…

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Paypal partners IMDA to create good tech jobs for Singapore

New employees, supported by IMDA’s TechSkills Accelerator  Programme. PayPal, in partnership with the Infocomm Media Development Authority of Singapore (IMDA) and supported by Digital Industry Singapore (DISG), is growing its Singapore workforce by nearly 25 per cent. PayPal’s expansion will create many exciting new job opportunities for Singaporeans, as the…

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New business opportunities between Singapore and China in the digital economy

Cross border digital collaborations pave the way. Singapore and Chongqing businesses have signed an agreement to further cross border digital collaborations in a wide range of sectors, including manufacturing, trade and logistics, and healthcare. These agreements are built on the back of deepened bilateral relation between Chongqing and Singapore to…

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IMDA considers use and allocation of the 2.1 GHz spectrum band for 5G in Singapore

IMDA public consultation on policy issues and proposed regulatory design for 2.1 GHz. To support the next wave of 5G growth, the Infocomm Media Development Authority (IMDA) is seeking views from the public and industry on the potential use and allocation of the 2.1 GHz spectrum band for 5G in…

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Developing the MVP for AI governance

Testing Framework aims to help AI system-owners and or developers . Singapore’s Infocomm Media Development Authority (IMDA) and the PDPC are working with like-minded partners to develop a credible Minimum Viable Product (MVP) that will allow industry to achieve greater transparency around AI systems, and enable organisations to deploy AI…

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Greater Life backs digital strategies with data protection

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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ICT workers in Singapore get further COVID-19 safety requirements

Ministry of Manpower, together with SNEF and NTUC, updates the workplace safe management measures and requirements. Employers and businesses will need to put in place the latest updates to the workplace safe management measures and requirements that employers and businesses will need to put in place. All employers and businesses,…

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Digital plan to help marine and offshore engineering industry

Enterprise Singapore and IMDA rollout digitalisation program. About 1,000 enterprises and 75,000 employees will be able to take advantage of the marine and offshore engineering (M&OE) industry digital plan (IDP) to overcome current industry challenges through digitalisation. This would allow M&OE enterprises to mitigate some of the impact brought about…

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