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17th Edition of Cyber Security Summit: Singapore

SMEs: Are You Cyber Safe

“Another challenge faced by SMEs is the resources and budgets needed to mitigate these cyber risks. They need to allocate a percentage of their budget for cybersecurity. Given deeply the digital landscape depends on IT, no less than 10% of the IT budget should be spent on cybersecurity. SMEs should also look at various vendors which are trust marked and investigate whether these trusted vendors have the competencies to deal with both data protection and cybersecurity protection, and have the features needed by these vendors.” said Mr Yong.

New initiative to help manage cybersecurity risks in Singapore s critical information infrastructure

New initiative to help manage cybersecurity risks in Singapore’s critical information infrastructure Toggle share menu Advertisement File photo of a person typing on a keyboard. (Photo: Reuters/Kacper Pempel) 02 Mar 2021 05:30PM) Share this content Bookmark SINGAPORE: Singapore is developing an initiative to help organisations establish best practices to better manage cybersecurity risks across the supply chain, including vendors that support their operations. This relates to Singapore’s Critical Information Infrastructure (CII) – referring to 11 sectors responsible for the delivery of the country’s essential services, including government, energy and healthcare. Advertisement Advertisement Announcing the initiative on Tuesday (Mar 2), Senior Minister of State for Communications and Information Janil Puthucheary noted that all CII owners are currently required to maintain a mandatory level of cybersecurity under the Cybersecurity

Korea to provide $21 million to support in developing Digital Bangladesh-534440

Korea to provide $21 million to support in developing Digital Bangladesh Diplomatic Correspondent 7th February, 2021 05:48:30 The occasion is graced by Ms. Young-Ah Doh, Country Director, KOICA Bangladesh, Taehyun Kim, Deputy Country Director, KOICA Bangladesh, Md. Shahriar Kader Siddiky, Joint Secretary and Ms. Mirana Mahrukh, Joint Secretary (Asia), ERD The Government of Korea through Korea International Cooperation Agency (KOICA) will contribute US $21 million to support in entrepreneurship development, Intelligent Transport Systems and Safer Cyberspace for Digital Bangladesh. To mark the year of 30th Anniversary of the establishment of KOICA, the governmental organisation for providing Grant, Aid & Technical Assistance programmes for international development, joined hands with Economic Relations Division of Ministry of Finance and inked three Grant Agreements on Thursday (Feb 4).

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