CIO OPINION against banking customers that bank and operators failed to prevent .
Also , there were cases of ApplePay fraud , which also shows that security does not always catch up with new tech .
Singapore is known for its strong government initiatives to enhance cybersecurity . How effective have these initiatives been in reducing cyberthreats and promoting a secure digital environment ?
The government initiatives include creating more public awareness about Cyber hygiene , programs for companies to have their products cyber labelled for security , and also a strong push for SMEs to strengthen their cybersecurity posture , and the government has helped to promote this secure digital environment . Efforts have to be made from all fronts in order to make this happen . It ’ s still too early to tell , we look forward to see the effectiveness next year .
As cybercriminals become increasingly sophisticated , how does Acronis collaborate with other organizations in Singapore to enhance cybersecurity preparedness and respond to cyberthreats effectively ?
Acronis ’ strongly believes that information and knowledge should be shared with the greater Cybersecurity community in order to ensure the growth and development of the Cybersecurity ecosystem , particularly in Singapore , which is still relatively nascent and requires the close collaboration of all companies / communities to become stronger .
We have set up and operate four Cyber Protection Operations Center ( CPOC ) ( similar to a Security Operations Center ) in different geographies , one of which is based in Singapore , focused on continuous research , and raising awareness through research .
Threat research reports based on CPOC findings are published and shared publicly to industry . Acronis uses
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