UK and Singapore signed a Memorandum of Understanding to cooperate in four areas, including cyber security incident response and cyber security talent development. (July 29). There will also be joint cyber research and development collaboration between the UK and Singapore, with funding being doubled over three years, from £1.2 million to £2.4 million (S$5.1 million).
The MOU was signed by Cyber Security Agency chief executive David Koh and Britain's National Security Adviser, Sir Nigel Kim Darroch. It built on agreements made during President Tony Tan Keng Yam's state visit to Britain last year.
The specific deliverables under the four areas are currently being discussed, and will be finalised during the next UK-Singapore Cyber Dialogue.
Temasek Poly sets up IT security and forensics hub
The hub aims to provide students with hands-on training in areas such as IT networking, digital forensics and security operations, in order to increase the pool of trained cyber security specialists.
Opportunities in cybersecurity market in Asia for upcoming decade.
Not only Hong Kong or Singapore leading the efforts, , but many second-tier markets like Indonesia, Vietnam and Malaysia are investing as well.
The rising wave of attacks and the awareness of them in the region reflect what happened in the United States 10 years ago.
“Asian organisations are right in the crosshairs of today’s APT (advance persistent threat) attackers,” FireEye chief technology officer Grady Summers said at the RSA Conference Asia Pacific & Japan (RSAC APJ) 2015 in Singapore last week, citing research conducted by his security software firm.
- APAC customers 33% more likely to be targeted than global average of 27%
- China Govt the culprit behind many of these attacks or campaigns
About 37% of FireEye’s customers in Asia Pacific detected advanced cyber-attacks in the second half of 2014, and are 33% more likely to be targeted than the global average of 27%.
Speaking to Digital News Asia (DNA) on the side-lines of the conference, Summers said that in terms of IT maturity, Europe was about five to six years behind the United States while Asia was about 10 years behind. “Ten years ago in American IT, it was all about cost-cutting. Outsource all your IT to India, and we were getting 10-20% cost cuts year on year, but after a while you ran up against a brick wall in terms of security – and that forced a lot of change. “There are a lot of factors at play and IT is now being seen as a driver of business, so we are seeing budgets creeping up again. “Asia as a region can be averse to spending money on IT and security, but the trend has to reverse in the next few years because you can’t solve this problem with cost cutting,” he said.
Summers also reported that in the past 12 months, the APT space had got more diverse, with groups emerging from different geographies. “Now we’re seeing countries like Iran, North Korea and Syria getting in the game,” he said.