The website will help us to recruit Singaporeans from diverse backgrounds. The Security and Intelligence Division (SID), Singapore’s external intelligence agency under the Ministry of Defence, launched its official website (SID.GOV.SG). Established in 1966, SID works closely with government agencies to protect Singapore against external threats and to safeguard our…
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Government says digital transformation requires security. Singapore will commit another $50 million over the next five years to bolster its digital trust capabilities. According to Josephine Teo Minister for Communications and Information, this initiative will bring together industry players, research institutions, and institutes of higher learning to drive research and…
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SGTraDex to digitalise the supply chain ecosystem. Singapore Government has announced that the country will be stepping up investments to unlock the full potential of the digital revolution through collective action. Building “digital infrastructure” for the future – SGTraDex The pandemic has accelerated the overall shift to digital. Building a…
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The past 12 months was dominated by ransomware, online scams, and COVID-19-related phishing activities The Cyber Security Agency of Singapore (CSA) released its Singapore Cyber Landscape (SCL) 2020 publication today, revealing an increase in cyber threats such as ransomware and online scams in 2020. CSA’s SingCERT (Singapore Computer Emergency Response…
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Ravi Menon managing director at the Monetary Authority of Singapore talks about data and climate change. The demand for trusted data will only grow as regulators strengthen reporting and disclosure requirements. Yet, the availability of good data remains a big challenge. The process of ESG data acquisition is manual, cumbersome…
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Accelerating Government digitisation. The Singapore Government will spend up to an estimated S$3.8 billion on info-communications technology (ICT) procurement this year, an almost 10 per cent increase from FY20’s procurement value of S$3.5 billion. This spending will go towards transforming government digital services used by both citizens and businesses, and…
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Smoother path towards digital business between the two countries. Singapore and the United Kingdom (UK) have launched negotiations on a UK-Singapore Digital Economy Agreement (UKSDEA). Minister-in-charge of Trade Relations S Iswaran said the digital economy is a catalyst for economic growth and the transformation of enterprises. “It is a bright…
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The organisation failed to put in place reasonable measures to protect personal data on its database servers. The Personal Data Commission (PDC) in Singapore has imposed a penalty of S$25000 on Singapore-based digital design company – Webcada. According to the PDC the organisation failed to put in place reasonable measures…
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Facilitates a new avenue for issuers, investors and dealer banks to interact digitally. Financial institution, DBS has priced an SG$15 million digital bond, marking it one of DBS Digital Exchange’s (DDEx) first Security Token Offering (STO). The DBS Digital Bond, which comes with a six-month tenor and coupon rate of…
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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…
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