Intelligent CIO APAC Issue 38 | Page 54

FEATURE : MODERN WORKPLACE
becoming ‘ branch offices of one ,’ working from their homes or other locations outside the traditional office . Consequently , 64 % of respondents in Singapore anticipate managed devices to surge by more than 100 % over the next two years – with some expecting growth of 400 %. Additionally , 76 % in Singapore expect unmanaged devices to grow by over 50 %. This is expected to compound the complexity and risk of

AS SINGAPORE CONTINUES TO EMBRACE THE DIGITAL FUTURE AND BECOME A LEADER IN THE DIGITAL ECONOMY , IT IS ESSENTIAL THAT WE ACKNOWLEDGE THE INCREASING FREQUENCY AND SOPHISTICATION OF CYBERATTACKS AND DATA BREACHES . security breaches , placing additional strain on already overburdened IT security teams .

• Unmanaged Devices Pose a Risk : With cloud computing and remote work becoming more prevalent , an increasing number of users , devices and data are located outside of enterprise networks . Currently , over 30 % of devices connecting to networks in Singapore are unmanaged , raising the possibility of security breaches . Survey respondents in Singapore expect this figure to rise with 76 % predicting a 50 % increase by 2025 .
• The Need to Secure Cloud : With hybrid work increasing , employees require multiple connections to external systems and cloud applications to remain productive . Survey respondents indicated that their employees in Singapore need more than 25 connections to third-party cloud applications , increasing the risk of security breaches . Over the next two years , 100 % of respondents in Singapore expect this number to double , while more than 70 % feel that this number will triple , exacerbating the risk . Maintaining network security while ensuring employee connectivity to third-party and cloudbased services is a significant challenge , as traditional security measures are inadequate .
• Increased Security Incidents : Hybrid work and the growth in managed and unmanaged connections have caused a significant rise in security incidents , with 48 % of surveyed organizations in Singapore reporting more than triple the number of breaches . According to the Survey , 70 % of respondents in
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