February 26, 2024

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Singapore, Indonesia Discuss Data Governance, Digitising SMEs

The 8th Information and Communications Joint Committee (ICJC) Meeting on Digital Co-operation between Singapore and Indonesia was held virtually last week. The Permanent Secretary of Singapore’s Ministry of Communications and Information (MCI), Joseph Leong, and Indonesia’s Secretary-General of the Ministry of Communications and Informatics (KOMINFO), Mira Tayyiba, co-chaired the event.

The meeting was hosted by Singapore and involved discussions on potential areas of collaboration on data governance, digital talent, and the digital transformation of micro, small, and medium enterprises (MSME). The two officials discussed digital transformation efforts in their respective countries and explored areas where bilateral digital cooperation could advance mutual interests, including initiatives to support the digitalisation of businesses and start-ups. As this year’s G20 president, Indonesia has highlighted these areas as priority issues, and MCI will support and work with KOMINFO on the G20Digital Economy Working Group.

According to a press release, Leong noted that the ICJC Meeting is an important platform for the bilateral cooperation between Singapore and Indonesia. Digital transformation is increasingly important in helping people and businesses seize new opportunities and markets. The ICJC presents the opportunity to foster a closer working relationship in bilateral digital cooperation, which will accelerate post-pandemic recovery. Tayyiba explained that it is important to nurture the digital future by focusing efforts on a human-centric approach by providing equal and accessible connectivity, ensuring the security and protection of data, equipping society with the necessary skills in this era of digital transformation, and creating a fair playing field for all within the digital ecosystem.

The ICJC meeting can be utilised not only as a means to share information and best practices but also to initiate new cooperation and other initiatives that can benefit both countries. The next ICJC will be hosted by Indonesia at the end of 2023.

Earlier, Singapore launched a cybersecurity certification programme to help the country’s enterprises put in place the proper cybersecurity measures appropriate to their cyber risk profiles. For companies that are at the beginning of their digitalisation journey, the Cyber Security Agency (CSA) recommended the Cyber Essentials mark. If most business operations are conducted digitally, the Cyber Trust mark is recommended.

As OpenGov Asia reported, the marks certify the cybersecurity measures adopted at the organisation level and not the cybersecurity of specific products or services. The programme will help customers identify which companies have put in place strong cybersecurity measures and what steps they have taken to prevent cyber-attacks, such as testing out various scenarios and preparing their business continuity plan.

The average cost of a cyber-attack for companies in Singapore is approximately SGD1.7 million per breach, which could include the cost of revenue loss from disruptions to business operations and legal penalties when there is a data breach involving personal data. For some SMEs, this may be too high a cost to bear. That is why it is critical for companies to be aware of cyber threats and implement the appropriate measures to counter them.

Cybersecurity awareness is essential at all levels within the company. Business leaders need to be aware of cyber risks and allocate sufficient resources for the IT teams to address them. To help enterprise leaders and SME owners and employees learn about their specific roles in keeping their companies safe from cyber threats, CSA developed and launched a series of toolkits six months ago.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

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CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

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HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

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IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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