Singapore spotlights OT security, unveils security roadmap focusing on infrastructure

diagram: security switch on technology background,security management concept

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security switch on technology background,security management concept

Singapore is setting up a panel comprising global experts to offer advice on safeguarding its operational technology (OT) systems and has unveiled the country’s latest cybersecurity blueprint, focusing on digital infrastructures and cyber activities. It is also hoping to rope in other Asean nations to recognise a Cybersecurity Labelling Scheme (CLS) that rates the level of security for smart devices, such as home routers and smart home hubs. 

Singapore’s latest cybersecurity masterplan builds on its 2016 cybersecurity strategy and looks to boost the “general level of cybersecurity” for its population and businesses. It focuses on the need to secure the country’s core digital infrastructure and cyberspace activities, as well as drive the adoption of cyber hygiene practices amongst its connected citizens. 

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Caught by the sudden onslaught of COVID-19, most businesses lacked or had inadequate security systems in place to support remote work and now have to deal with a new reality that includes a much wider attack surface and less secured user devices.

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Launched by Deputy Prime Minister Heng Swee Keat at this year’s Singapore International Cyber Week, held online, he said the new blueprint is essential for combatting the high volume of day-to-day cyber threats faced by people and businesses. 


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Heng said during his speech that COVID-19 had underscored the value of digital technology in economic and social activities, but also brought with it risks that must be addressed early. 

“As a relatively nascent frontier, we will need to address issues like the ethical use of technology, user privacy, and a growing digital divide,” he said. “As more people go online, crime and threats have also gone virtual. Cybersecurity will be critical as we become more digital.

First Complimentary Stock Valuation Calculator Focusing on South East Asia Region Has Been Launched

Developed by a Southeast Asia-focused M&A Firm and CPA

Global Partners Consulting Pte. Ltd. (“GPC”) (Head office: Singapore, Managing Director: Zenta Nishida) and its subsidiary GPC Gateway Pte. Ltd. launched on September 29, 2020, a complimentary stock valuation calculator specialized for Southeast Asian companies.

This press release features multimedia. View the full release here:

Valuation Report

Free diagnostic tool that provides result in just 5 minutes

Traditionally, the stock valuation process has been complex and expensive for unlisted companies and small and medium-sized enterprises (SMEs), as it requires specialized financial skills and knowledge.
In particular, for Southeast Asian cross-border M&A, for which demand has been increasing in recent years, there have been challenges to obtain proper date for the stock valuation and perform the valuation using several assumptions which were determined on the professional judgement.
In response to this, we have launched a free online diagnostic tool that can provide results in just five minutes as a first step in understanding your company’s value when considering a cross-border M&A.

This tool will help everyone recognize the value of a company, which is useful in considering business and financial strategies. We also hope that this valuation tool will serve as a bridge of communication between investors and managements of companies.

Jointly developed by a Southeast Asia-focused M&A firm and a CPA

GPC has been in operation for 10 years and has been involved in numerous Southeast Asian M&A transactions as a cross-border M&A firm focusing on Japan and Southeast Asia. This tool is based on the knowledge of a professional M&A firm specializing in Southeast Asia and supervised by a Japanese CPA specializing in Southeast Asian corporate valuation.

Easy 3 steps to receive the Stock Valuation Report
1. Key in 20 fields for Target Company
2. Get the simple result