Singapore and Australia Sign MoU Against Digital Scams
Singapore’s IMDA and Australia’s ACMA have signed a memorandum of understanding (MoU) to enhance cooperative efforts between both countries against digital scams and spam. Lew Chuen Hong, Chief Executive of IMDA, and the Chair of ACMA, Nerida O’ Loughlin, signed the MoU on July 18 2022 at a physical signing ceremony in Singapore. The MoU […]
Millennials consistently the biggest victims of all forms of fraud: IBM Survey
Geographies and generations differ greatly in the frequency and impact of financial fraud, as well as their attitudes toward fraud detection and the institutions responsible for protecting them from bad actors. According to the 2022 IBM Global Financial Fraud Impact Report, when it comes to fraud on a global scale, American citizens are the most […]
Nearly 400 accounts of Crypto.com hacked
Following the hacking of nearly 400 customer accounts, Singapore-based Crypto.com said that it has not received any “outreach” from regulators. Confirming the development, Chief executive officer Kris Marszalek, during an online interview at Bloomberg’s Year Ahead virtual conference, said from Singapore that all customers have been reimbursed and he is prepared to share information on […]
Cybersecurity firm Horangi Reaffirms Commitment towards SaaS Standards
Horangi, a Singapore-headquartered cybersecurity company which provides security solutions optimised for cloud-based organisations across Southeast Asia, has announced that it has successfully achieved SOC 2 Type II Compliance and Certification, making it one of the first cybersecurity companies in Asia to do so. This is a testament to Horangi’s ongoing dedication to advancing the maturity […]
How a Singapore-based firm Suffered a Massive Data Breach
In another case of a data breach, personal data of almost 5.9 million Singaporean and South-east Asian customers of hotel booking site RedDoorz has been leaked. Industry watchers have dubbed this as Singapore’s largest data breach. Section 24 of the Personal Data Protection Act 2012 (“PDPA”) requires an organisation to protect personal data in its […]
Personal Records of Fullerton Health customers Leaked online
Personal details of Fullerton Health customers were stolen by hackers and leaked online, after a vendor of the private healthcare group suffered a breach earlier this month. The hackers claimed they managed to steal the data of some 400,000 people, including the insurance policy details of Singaporeans and also had personal details of children, according […]
Ransomware attack on Singapore Employment Agency: Personal Details of 40k Job Applicants Leaked
The personal details of some 40,000 job applicants have been leaked online, following a cyber attack on an employment agency in Singapore. Protemps Employment Services, which has an office at Paya Lebar Square, had its entire server swiped and deleted earlier this month, according to a report by The Straits Times. On October 14, Desorden […]
Cambodia & Singapore to Strengthen Cyber Security capacity
Cambodia & Singapore will join hands to strengthen cyber security capacity in the region. Minister of Post and Telecommunications Chea Vandeth met virtually with Josephine Teo, Minister for Communications and Information of the Republic of Singapore to discuss strengthening the cybersecurity capacity of the two nations, according to a report in Khmer Times. According to […]
Singapore Gov launches Cybersecurity Toolkit for Organisations
The Cyber Security Agency of Singapore (CSA) has taken a significant step in its ongoing battle against cyber-attacks. It has launched the Cybersecurity Toolkits for Enterprises and new SG Cyber Safe Partnership Programme. These were announced by Minister of State for Communications and Information, Mr Tan Kiat How, at the SG Cyber Safe Partnership Programme, […]
Singapore Unveils Proactive Cyber Security Strategy to counter Threats
Singapore has unveiled an updated national cybersecurity strategy, which takes a proactive stance against new cyber threats. The Singapore Cybersecurity Strategy 2021 outlines Singapore’s updated goals and approach to adapt to a rapidly evolving strategic and technological environment. Potential disruptive technologies such as edge computing and quantum technologies are on the horizon. Threat actors are […]
Singapore to Implement Licenses for Cybersecurity Providers
The Cyber Security Agency of Singapore (CSA) is looking to bring in new licensing requirements for cybersecurity service providers. CSA is seeking industry feedback on the proposed licence conditions and draft subsidiary legislation under the licensing framework for cybersecurity service providers, authorities said. The consultation will commence on 20 September 2021 for a period of […]
Ransomware attacks continue to wreak havoc for businesses in Singapore
Like many other countries in Asia, companies in Singapore have been under siege – from ransomware attacks. In August, a ransomware attack affected the personal data and clinical information of nearly 73,500 patients of Eye & Retina Surgeons, a private eye clinic. However, the clinic said it has not paid any ransom, and pointed out […]