Cost of data breach down 10% globally, says study

WITH cyberattacks becoming more sophisticated, the threat of a data breach has become the new normal for businesses. Over the past few years, security specialists have been saying that while it may not be possible to make a network foolproof, robust response systems and processes can mitigate the...
TOPLINE

StarHub is boosting its enterprise business

STARHUB'S recent move to acquire a 51 per cent stake in cybersecurity solutions provider Accel Systems & Technologies for S$19.38 million is expected to strengthen the telco's growing enterprise business which is already its second biggest revenue generator after mobile. According to...

Wanted cyber warriors

>>>The e-mail is from someone who appears to have the right qualifications. You download the attachment named "CV" and forward the e-mail to the aero division head for her consideration...

Singapore tops global ranking of digital competitiveness

SINGAPORE has topped a new digital competitiveness ranking introduced this year by business school IMD's World Competitiveness Centre. ...

Singtel partners polytechnics to help heritage SMEs

SINGTEL (Singapore Telecommunications) is partnering Ngee Ann Polytechnic and Temasek Polytechnic to help small and medium-sized enterprises (SMEs) with heritage to adopt digital technology.

StarHub says its network upgrade will offer one of fastest speeds globally for 4G

FROM July, local telco StarHub will roll out a network upgrade which would allow for significantly higher mobile data throughput (download as well as upload) in congested areas. The telco said the speeds that customers will get would be among the "fastest in the world" for 4G networks...

Up for grabs: S$2.4b of government tenders in Smart Nation drive

THE government will be calling for a projected S$2.4 billion worth of ICT (Infocomm Technology) tenders in fiscal 2017 in order to maintain the momentum in Singapore's Smart Nation and digitalisation efforts...

Healthcare sector to procure S$300m of ICT projects in FY2017

THE Singapore healthcare sector plans to procure an estimated S$300 million in ICT (infocomm technology) projects in fiscal 2017, independent of the government's intention to call S$2.4 billion in ICT tenders during the 2017 fiscal year. ...

Singapore govt to call S$2.4b of ICT tenders in current fiscal year

THE Singapore government will be calling for a projected S$2.4 billion of information and communication technology (ICT) tenders in fiscal 2017 in order to support the momentum of the country's digitalisation efforts...

Govt waives fees for frequencies used in 5G trials

THE government has waived fees for frequencies to be used for technological trials of the next generation of mobile telephony, 5G, in order to lower regulatory barriers and encourage the industry to explore the potential benefits and applications of 5G networks.

IMDA, SGX team up to help tech SMEs access capital markets

AS part of efforts to help SMEs (small and medium-sized enterprises) reap the benefits of the digital economy, the Infocomm Media Development Authority of Singapore's (IMDA) Accreditation@IMDA will work with the Singapore Exchange (SGX) to increase accessibility to capital markets for SME...

Four frontier technology areas identified for development in Singapore

SINGAPORE has identified four frontier technology focus areas to invest and build capabilities in that will develop a strong infocomm media foundation, according to Yaacob Ibrahim, Minister for Communications and Information. Speaking at the opening of the Infocomm Media Business Exchange (IMBX)...
COMMENTARY

Singapore fends off ransomware, but needs to be ready for APTs

THE WannaCry ransomware attack has already garnered the dubious distinction of being the "worst digital disaster" to strike the Internet in years...

WannaCry, variants could escalate as many users yet to apply patches

OVER the past few days, country music star Keith Urban's song Tonight I wanna cry must have been trending among the normally taciturn geeks who protect our computers and IT systems, with the WannaCry virus quickly becoming the largest global ransomware attack, affecting an estimated 200,000...

HPE bullish on growth, will deepen S'pore ties

HEWLETT Packard Enterprise (HPE) will continue to deepen its partnership with Singapore by giving local enterprises access to capabilities that will allow them to innovate and scale, according to its president and chief executive Meg Whitman.

NUS, NTU hit by cyber-attacks aimed at govt and research data

BREACHES to the IT systems of the National University of Singapore (NUS) and Nanyang Technological University were discovered last month, said the Ministry of Education (MOE) and Cyber Security Agency (CSA) in a joint statement on Friday.

NUS, NTU hit by cyber-attacks looking to steal government and research data

BREACHES to the IT systems of the National University of Singapore (NUS) and Nanyang Technological University (NTU) were detected in April and the objective of these cyber-attacks was to steal government information and research documents.

Tech-savvy leadership gives S'pore firms an edge over Hong Kong counterparts: study

SINGAPORE-listed firms are better prepared than their Hong Kong-listed counterparts in facing the technological tsunami that is affecting businesses across the globe because they have better tech-savvy leadership.

HP Enterprise to invest US$140m in Singapore

AS PART of an upgrade to its more than 40-year-old relationship with Singapore, Hewlett Packard Enterprise (HPE) will spend US$140 million over the next five years, including US$16 million to nurture promising local startups in collaboration with the Singapore Economic Development Board (EDB).

Nera Telecommunications' Q1 net up 40.8% at S$2.86m

NERA Telecommunications reported a 40.8 per cent rise in net profit to S$2.86 million, from S$2.03 million one year ago, in the financial first quarter which ended on March 31, 2017. This came on the back of a 44.3 per cent rise in revenue to S$44.12 million from S$30.57 million one year ago.
SMART NATION

Four banks start pilot use of MyInfo platform

MYINFO, Singapore's digital personal data platform, which allows users to auto-fill details like their name, identity card number and registered residential address on government online forms, can now be used with four banks to auto-fill forms...
SMART NATION

Banks welcome use of MyInfo authentication service

THE four banks which will use the government's MyInfo authentication service applaud the idea, saying the convenience frees them to develop more digital products and lowers their cost of customer acquisition as well. ...

PwC Singapore opens 2 tech centres, eyes 40 new hires

PWC Singapore has launched two Impact Centres at its Singapore office which will entail a multi-million dollar investment that will cover the cost of 40 new hires. One centre will be for data and analytics while the other will deal with cybersecurity.

Four banks to use MyInfo authentication service for customers

THE Smart Nation and Digital Government Office (SNDGO) and Government Technology Agency (GovTech), in collaboration with the Monetary Authority of Singapore (MAS), have begun a pilot with four banks to explore simplifying online banking transactions with the use of the government's MyInfo...

A*Star to set up two model plants as test beds for new tech and innovation (Amended)

AS A part of efforts to prepare the Singaporean workforce for advanced manufacturing technologies, in 2016 the Agency for Science, Technology and Research (A*Star) worked on more than 1,700 projects with the industry, of which at least half were related to manufacturing. It also deployed over 200...