TL;DR

What: Cybersecurity, green building grant and e-sports grant

Weekly Business Brief | 2019 Week 37

Wrapping up the week's business news and announcements.

SBO Singapore Weekly Business Brief
Published:   |   Updated:   |   Posted in

Almost half of Singaporeans suffered at least 1 cybersecurity lapse in past year: CSA survey

… 15 per cent said they were a customer of an organisation that had its data stolen…

In the Cybersecurity Public Awareness Survey 2018 released on Wednesday (Sep 11), almost half, or 48 per cent, of respondents had experienced at least one cyber incident in the past 12 months.

Cyber incidents can include being hacked, having one’s data stolen or receiving a lot of pop-up advertisements. Persistent pop-ups are a common sign of malware infection, CSA said in its media release.

More than a third (36 per cent) of respondents reported receiving multiple advertisement pop-ups after visiting some webpages while 15 per cent said they were a customer of an organisation that had its data stolen – the top two cyber incidents reported in the survey.

The survey also found that the proportion of respondents who use their personal mobile devices for online transactions have trended up since 2016, from 51 per cent then and 64 per cent in 2017 to 73 per cent last year.

Yet the proportion of those who installed security applications in their mobile devices fell from 53 per cent in 2017 to 45 per cent in 2018, it added.

This is despite 84 per cent of them indicating they understood the risks of not having these security apps, and 64 per cent saying they knew the functions of these apps, the survey said.

Read more in this Channel NewsAsia report.

BCA’s green building innovation grant gets S$20 million top-up

The additional grant provided by the National Research Foundation Singapore (NRF) can be used by companies in the Green Buildings Innovation Cluster (GBIC) set up by BCA in 2014 and that had an initial grant of S$52 million, also from NRF.

The built environment sector received a S$20 million boost to go green on Wednesday (Sep 4).

National Development Minister Lawrence Wong said that the top-up of the funds will encourage more collaboration between the built environment industry and the research community. This is to support BCA’s drive toward Super Low Energy (SLE) buildings, which BCA has said will be the “next generation of green buildings”.

The additional grant provided by the National Research Foundation Singapore (NRF) can be used by companies in the Green Buildings Innovation Cluster (GBIC) set up by BCA in 2014 and that had an initial grant of S$52 million, also from NRF.

The aim of this cluster is to experiment with, exhibit and exchange knowledge of energy-efficiency solutions with stakeholders.

Read more in this Channel NewsAsia report.

Razer’s Tan Min-Liang pledges S$10m to grow Singapore’s e-sports, support SEA Games team

… [the funding will go towards] supporting local teams and investing in such companies here or founded by Singaporeans. 

Gaming company Razer will be ploughing S$10 million over the next 12 months to grow Singapore’s e-sports and gaming industry, CEO Tan Min-Liang promised.

He committed S$10 million in funding over the next 12 months for gaming and e-sports activities in Singapore. This includes supporting local teams and investing in such companies here or founded by Singaporeans.

The funding will also go toward supporting the Singapore team heading to this year’s SEA Games, where e-sports will be a medalled sport for the first time, the CEO said.

Read more in this Channel NewsAsia report.


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