Cybersecurity Best Practices & Data Privacy Risks – 26 Jan 2022
Cybersecurity Best Practices & Data Privacy Risks
To address the cybersecurity concerns and raise awareness of the industry, ASPRI collaborated with the Association of Information Security Professionals (AiSP) to organise a webinar on this very topic. It aimed to provide insights into the best cybersecurity practices and how to manage data privacy risks.
In Partnership with AiSP and ASPRI
Ransomware no longer just encrypts your data but also steals it with the threat to release it into the wild.
As cyber criminals get more aggressive, governments are stepping up Data Privacy and Data Protection regulations to get companies to do a better job in protecting their citizen’s sensitive data. Singapore PDPA has raised the fines in their recent amendments and PDPA regulations across ASEAN even carry jail terms.
In this challenging environment, how can your company protect your data and manage your data privacy risks in a cost effective manner?
In this Webinar, Mr Philip Ng, Co-founder and CEO of BitCyber, shared a study from Gartner, highlighting 91% of cyber-attacks start from phishing. It was also revealed a total of $2.29 million in fines were issued by the Personal Data Protection Commission (PDPC) for Personal Data Protection Act (PDPA) breaches in Singapore from 2019 to 2021.
Mr Ng also highlighted the importance for companies to appoint a data protection officer. Failure to do so will result in a fine from PDPC. He then shared various case studies which supported this claim. The case studies revealed no data were lost but the companies were fined for negligence and poor cybersecurity practices. He then shared a suite of data protection solution. It included Bitdefender, Actifile, and mamori.io, each protecting different types of data.
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