Companies likely to incur significant costs to meet cyber agency’s safe app standard

CYBERSECURITY experts warned the costs incurred by companies to make their mobile applications safe could pile up, as malware and other malicious threats become more sophisticated.

This comes after the Cyber Security Agency of Singapore on Wednesday (Jan 10) published a recommended standard for mobile apps, particularly for those that perform high-risk transactions, such as banking and e-commerce apps.

Developers are encouraged to adopt the new standard to protect their apps from common malware and phishing attacks.