Cybersecurity

More than 40 Indonesian agencies hit by cyberattack on data centers – report

Forty-four government agencies, including key ministries, were targets of the ransomware attack, said Usman Kansong, an official from the communications ministry.

Tech Data acquires IT security marketplace in ANZ Orca Tech

Tech Data, a TD SYNNEX Company, has on Monday announced its acquisition of Orca Technology Pty Ltd (Orca Tech), an independent value-added distributor focused on the information technology (IT) security marketplace in Australia & New Zealand (ANZ).

red and blue lights from tower steel wool photography

Strengthening Singapore’s cybersecurity frontline with zero trust

In the digital era, #data is the new gold, driving economies and shaping societies – and just like gold, criminals covet data. #Singapore, a beacon of technological innovation and digital governance, is not immune to the global tide of cyber threats that seek to undermine its digital wealth.

red and black love lock

How to reduce the cybersecurity risks of digital transformation

Encouraging enterprises to adopt a proactive cybersecurity strategy is essential to avoiding emerging threats and ensuring #data protection. #Cybersecurity requires continuous vigilance and regular updates to policies and systems. It’s a dynamic process that evolves with new challenges, not a one-time solution.

MAS, Mastercard sign MoU to enhance cooperation in cybersecurity

The Monetary Authority of Singapore (MAS) and global payment firm Mastercard have on Tuesday signed a Memorandum of Understanding (MoU) to enhance cooperation in cybersecurity, with the aim to strengthen cyber resilience in the financial services sector in Singapore.

a person sitting at a desk with a laptop on it

Cybersecurity: A business imperative for today’s leaders

In the rapidly evolving digital landscape, cybersecurity has emerged as a critical business issue that leaders across all sectors must grapple with. The increasing sophistication and frequency of cyberattacks have made it clear that #cybersecurity is no longer just a technology concern, but a business one. Leaders who fail to recognize this are at risk of…

icon

It’s a love scam, not a love story: Navigating cyber red flags in 2024

Organizations need to remain vigilant against romance schemes, especially as employees are increasingly using corporate-owned devices for personal use. This exposes the company to higher risks of #CyberSecurity threats such as #Phishing #Scams, identity theft, and #Malware attacks.

MAS launches COSMIC to strengthen financial system’s defence against money laundering, terrorism financing

The Monetary Authority of Singapore (MAS) has on Monday launched COSMIC, the first centralized digital platform to facilitate sharing of customer information among financial institutions (FIs) to combat money laundering (ML), terrorism financing (TF) and proliferation financing (PF) globally.

Singapore’s StealthMole bags $7M in Series A funding round led by Korea Investment Partners

StealthMole, a Singapore-based cybersecurity firm, has bagged $7 million in a Series A funding round led by Korea Investment Partners (KIP). The round was also joined by Hibiscus Fund, a multinational joint venture between RHL Ventures, Penjana Kapital, and KB Investment) and Smilegate Investment.

man holding smartphone leaning on bicycle during daytime

Navigating the challenges of data sharing in the age of connectivity

Data sharing within applications serves as the lifeblood of modern organizations, facilitating seamless communication and enabling cross-functional workflows. Whether it's sharing data between departments to streamline operations or integrating third-party services to enhance functionality, the exchange of data fuels organizational growth and drives…