Singapore’s Ministry of Communications and Information (MCI) and the Cyber Security Agency of Singapore (CSA) are seeking feedback on the proposed Cybersecurity Bill.
The public consultation exercise will run till August 3.
“Cyber-attacks are getting increasingly frequent, sophisticated and impactful. Globally, we have also seen a surge in the number of cybersecurity incidents, such as ransomware, cyber theft, banking fraud, cyber espionage and disruptions to Internet services. In Singapore, the recent Advanced Persistent Threat (APT) attacks targeting two of our universities, and the occurrence of the global WannaCry and Petya/Petna malware attacks which also reached our shores, serve as stark reminders of Singapore’s vulnerability to cyber threats,” noted the joint press release.
The Singapore government continued to invest in IT this year with spending expected to hit US$3.2 billion, up 3.2 percent from 2013.
Entelechy Asia 