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Singapore rolls out efforts to help firms further strengthen cybersecurity

Efforts include the third run of the Cybersecurity Strategic Leadership Programme and next edition of the CyberCall programme.

Nearly three in five businesses and non-profits in Singapore lack the knowledge or experience to implement cybersecurity effectively, according to a recent survey by the Cyber Security Agency of Singapore (CSA).

“This [finding] is not at all surprising. Cyber risks have increased and continue to evolve quickly. This has contributed to the shortfall in cyber professionals; even the most sophisticated organisations struggle to keep up,” says Josephine Teo, Singapore’s Minister for Communications and Information. She was speaking at the opening of the ISTARI Charter Asia-Pacific Cyber Congress earlier today.

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To help organisations better protect themselves, CSA, the Singapore Management University (SMU), and ISTARI will be running the third run of the Cybersecurity Strategic Leadership Programme. The programme will equip current and future generations of local cybersecurity leaders with a deep level of understanding of global key drivers which shape cybersecurity strategies.

CSA will also be expanding its Cybersecurity Call for Innovation programme (CyberCall) this year to encourage the development of cybersecurity solutions. “[CSA will] hold not one, but two innovation calls this year, to re-double our efforts to stay ahead of emerging challenges,” says Teo.

The Asset Based Cyber Defence solution is one of the innovations that came out of a previous CyberCall programme. Jointly developed by SecureAge, InsiderSecurity and ReaQta, the solution provides small and medium-sized enterprises with an automated end-to-end cybersecurity solution covering multiple attack vectors. More than 300 customers are currently using the product.

These efforts are part of the CyberSG Talent, Innovation and Growth (TIG) Plan, which aims to boost Singapore’s cybersecurity talent and industry development efforts.

The plan also facilitates the export of Singapore’s cybersecurity products and services. Teo says: “We believe that our useful products can benefit not just the Singapore market, but the world. Therefore, we support local companies seeking to expand their business abroad, and one of the ways we are doing this is through overseas mission trips to explore opportunities together.”

In line with this, the TIG Centre will be leading a delegation of Singapore cybersecurity companies to London this June. The companies will get to understand common cybersecurity problems to be solved, forge connections and broaden their business reach.

“Building and sustaining trust in our digital domain requires a whole-of-ecosystem effort. By working together as a team and thinking creatively, we can raise the level of trust and resilience in Singapore’s cybersecurity,” concludes Teo.

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