Data governance

Making cross-border data flow easier for Asean businesses

The ability to move personal data safely across countries is critical to how seamlessly economies connect

Only 26% of Singapore senior government executives surveyed by EY have deployed AI in their organisations.

Unclear returns, wariness: Only 26% of S’pore public sector firms have deployed AI, says EY poll

Implementing data and digital solutions pose challenges for government organisations at this juncture, the survey states

The Personal Data Protection Commission found that the integrated resort had failed to discover and fix the omitted identifier used in the data migration for six months, leaving its patrons' personal data unprotected.

Marina Bay Sands fined S$315,000 for 2023 data breach

The PDPC notes the failure to take reasonable security measures during a software migration exercise, among other faults

If political bias in official data and forecasting were to emerge, one might expect to see firmer job creation and softer inflation read-outs. But any weakness in the real economy would become evident eventually.

Trump’s data war risks creating false calm

These public attacks could cause economic data, research and forecasts to become more pro-government or lead to self-censorship

AI is only as good as the data it is given. Think of data as the raw material, AI models as the machinery, and insights as the finished product. If the raw materials are flawed, even the most advanced machines will churn out defective products.

AI is just hype without the right data

Companies that succeed with AI are not necessarily those with the fanciest models, but the ones that took the time to get their data in order

Manipulating a report such as the Current Population Survey would be difficult. It’s more likely that the government will just stop publishing the data to the same level of detail as before.
THE BOTTOM LINE

Statistics and politics are a dangerous mix

There are two threats currently facing government data agencies: inadequate funding and political interference

Well-managed data can unlock business value – from strengthening security to uncovering new opportunities for innovation.
BRANDED CONTENT

Missed insights, security gaps, rising costs: The heavy toll of poor data management and how to fix it

Only when the underlying data is of high quality and accessible can companies scale up innovation and AI automation, says Splunk’s Craig Bates

For players that still rely on NRIC numbers for authentication, the government advisory “should be a wake-up call”, says one observer.

‘Long overdue’: Experts welcome advisory against private-sector use of NRIC numbers for authentication

Tailored guidance for regulated sectors such as finance, healthcare and telecommunications will be developed

Decentralised systems enhance security and privacy as information is no longer stored within one central location, but instead in or with the users’ devices themselves.

People must own their data to outsmart today’s cybercriminals

DATA breaches have been on the rise lately – with figures from Surfshark’s Global Data Breach Analytics showing a quadrupling of such incidents in Singapore in the past two years. In the first quarter...

IBM estimates that up to 80% of an organisation's data is offline or in a silo.

Boosting data quality: How to make a plan for storage, usage and governance

DATA storage and consumption are growing rapidly as businesses undergo a digital transformation and embrace machine learning.