On this episode of Biztech’s APAC Cyber Security show Brian Fernandez and Benjamin Ang the Head of Centre of Excellence for National Security, RSIS, NTU delve into the growing cybersecurity challenges facing Singapore, a global hub for finance, technology, and innovation.
They examine recent high-profile incidents, including the Marina Bay Sands Casino data breach, the DDoS attack on Singapore’s hospitals, and the DBS City Bank outage and also discuss the broader implications of these events, raising questions about the effectiveness of traditional disaster recovery plans and the need for enhanced cybersecurity measures.
Key Takeaways include :
1. Data Breach Impact: Marina Bay Sands Casino faced a significant data breach, exposing personal information of 665,000 members. Names, email addresses, phone numbers, and more are potentially on the dark web, emphasizing the need for enhanced cybersecurity measures.
2. DDoS Vulnerabilities in Healthcare: Singapore’s public hospitals grappled with a DDoS attack, highlighting the vulnerability of critical systems. While medical procedures continued, the incident raises concerns about the potential impact on patient care and the need for robust cybersecurity defenses in healthcare.
3. Banking System Disruption: The DBS City Bank outage, initially presumed to be a cyber attack, was revealed as a technical failure. This incident underscores the risks of interdependent backup systems, urging businesses to reassess and strengthen their cybersecurity measures, ensuring true independence of backups to prevent widespread disruptions.
Guest : Benjamin Ang the Head of Centre of Excellence for National Security, RSIS, NTU
Host : Brian Fernandez
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