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Singapore unveils acceleration programme for startups eyeing Sweden
Enterprise Singapore and Business Sweden launch an initiative to help startups and technology small and midsize businesses from the Asian nation offer their products to other Nordic countries through Sweden.
Equinix expands Singapore data centre with $86M investment
Its fifth data centre in Singapore houses an additional 1,475 cabinets, offering 83,000 square feet of colocation space, and is touted to meet the government's focus for such facilities in the country to be resource-efficient.
APAC consumers share more data, but will ditch firms over security breach
While they have shared more personal data now than they did two years ago, 50% of consumers in Singapore and Australia will stop using services from companies that suffer a security breach, higher than the global average of 43%.
Singapore, Australia look to bolster fintech partnership
Both nations will build a framework for bilateral cooperation to drive trade and investment in the fintech sector and support efforts from their local fintech companies to expand in each other's markets.
Singapore begins licensing cybersecurity vendors
Vendors providing penetration testing as well as managed SOC monitoring services have up to six months until October to apply for a licence from Singapore's Cyber Security Authority, or cease the provision of such services.
Ensign unveils cybersecurity employment scheme for individuals with autism
Cybersecurity vendor inks partnership with Singapore's Autism Resource Centre to roll out an employment programme designed for individuals on the autism spectrum, catering to their cognitive strengths.
Singapore moots bill to slap banks with higher fines for security breach
Government debates a new bill that will tighten regulations of digital token service providers and push the maximum penalty financial institutions face to SG$1 million for each breach, and higher if multiple parties are affected.
Singapore looks to drive maritime innovation, cybersecurity resilience
Asian nation unveils plans to encourage organisations in the sector to trial new additive manufacturing initiatives and build up cybersecurity capabilities.
Singapore, US expand bilateral economic cooperation to include AI governance
Both countries will look to develop interoperable artificial intelligence governance frameworks and collaborate on cybersecurity best practices, such as regional capacity building efforts on smart cities involving other Asean markets.
Singapore offers certification scheme to tag companies with robust security posture
Cyber Security of Singapore introduces two certification programmes to identify small and midsize businesses that have adopted baseline cybersecurity measures and large enterprises with robust cybersecurity practices.
NCS ramps up expansion in Australia with AU$290m Arq Group purchase
Arq will be bundled into NCS' digital services arm, Next.
Most Singapore IT leaders cannot identify fake messages, but only half concerned about phishing risks
Just 4% of IT decision-makers are able to correctly identify phishing email and SMS messages, but 47% remain unconcerned about such risks in their organisation.