cybersecurity

Kick off the decade with a cybersecurity upgrade

FROM the cymbals and gongs of the lion dance ushering in Chinese New Year, we have moved quickly from the festivities to the sound of the alarm.

Cybersecurity: no longer a luxury, but a necessity

A common misconception is that only large multinational corporations (MNCs) face cybersecurity threats. Statistics show small-and-medium enterprises (SMEs) are in fact the main targets of most...

20-65% of banks' quarterly profit at risk from full-blown direct cyberattacks: MAS study

A FULL-BLOWN direct cyberattack on a bank would cost it 20-35 per cent of quarterly profits, even when contingency measures are in place, the latest stress test by the Monetary Authority of...

Ex-Nasa, GIC tech heavyweights join Gojek and fintech startup TranSwap

RIDE-HAILING giant Gojek and fintech startup TranSwap have both named tech industry veterans to C-level roles based in Singapore, the companies announced separately on Tuesday.

Business leaders must put cybersecurity protection first

THE pace of connectivity - from businesses moving critical files to the cloud and the volume of cybersecurity threats - has put security teams under significant pressure to maintain the safety of...

SMEs must beef up their cyber defences

SMALL and medium size enterprises (SMEs) could do more to shore up their cyber defences and such actions will not necessarily need very expensive investments, say observers.

Visa aims to halve its global fraud rate by 2025

PAYMENTS giant Visa plans to halve its global fraud rate by 2025, having been using artificial intelligence to prevent an estimated US$25 billion in fraud annually.

Monk's Hill Ventures invests in cyber security startup Horangi

THE cyber security challenge for South-east Asia's vast sea of small and medium-sized enterprises (SMEs) is a deep-seated lack of both resources and know-how in the field, says Monk's Hill...

Cybersecurity as a strategic investment for businesses

THE 4th Industrial Revolution, or Industry 4.0, heralds the advent of smart and autonomous systems built upon data analytics and Artificial Intelligence.

Money FM podcast: Mind Your Business - Why hackers are targeting SMEs

Why and how are cyber attackers eyeing SMEs in Singapore and the region?

Money FM podcast: Mind Your Business: SMEs are complacent and NOT cyber prepared

Chubb Insurance launched a new study looking at the attitudes of Singapore’s SMEs to cyber awareness and their level of preparedness.