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Singapore financial sector conducts physical and cyber attack simulation to test business continuity

Singapore financial sector conducts physical and cyber attack simulation to test business continuity

News   •   Aug 25, 2017 08:59 BST

The Association of Banks in Singapore (ABS) recently conducted a large-scale industry-wide exercise for the financial sector involving simulated terrorist and cyber attacks (code-named Exercise Raffles) to test their business continuity arrangements.

Singapore organizations are unprepared for cyber attacks

Singapore organizations are unprepared for cyber attacks

News   •   Jul 28, 2017 09:00 BST

While the majority of organizations in Singapore believe that cyber security is important and seek guidance from IT security experts, almost all (91%) of them are still at the early stages of security preparedness, according to a survey conducted by Quann and IDC.