Singapore’s contracting market matures

Choosing flexible recruiting solutions. With its highly educated and multiskilled workforce, world-class infrastructure, and strategic location in the Asia-Pacific region, such is Singapore’s potential as a tech talent ecosystem that the nation has acquired the moniker ‘Silicon Valley of Asia’. The past year has been marked by an influx of…

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Singapore 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…

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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’s PayNow and India’s UPI to Link in 2022

Reducing the cost and inefficiencies of remittances between the two countries. The Monetary Authority of Singapore (MAS) and the Reserve Bank of India today announced plans to link Singapore’s PayNow and India’s Unified Payments Interface (UPI) real-time payment systems by July 2022. The PayNow-UPI linkage will enable users to make…

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Singapore leads region in business technology adoption

Growing businesses focus on technology strategy and recruitment. Singaporean businesses were more likely to adopt technologies and develop a long-term technology strategy than their Asian region counterparts in the past 12 months, according to a survey by one of the world’s largest professional accounting bodies, CPA Australia. CPA Australia surveyed 725 professionals…

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Testing the resilience of critical government systems

New vulnerability rewards programme by the Singapore Government. The Government Technology Agency (GovTech) has launched a new Vulnerability Rewards Programme (VRP) to augment the existing Government Bug Bounty Programme (GBBP) and Vulnerability Disclosure Programme (VDP). Together, the three crowdsourced vulnerability discovery programmes supplement GovTech’s suite of cybersecurity capabilities to safeguard…

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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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Strengthening cybersecurity in finance between US and Singapore

The United States Department of the Treasury and the Monetary Authority of Singapore join to combat. The United States Department of the Treasury (“Treasury”) and the Monetary Authority of Singapore (“MAS”) announced the finalisation of a bilateral Memorandum of Understanding (“MoU”) on Cybersecurity Cooperation. This announcement was made during Vice…

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