ST Engineering and the Infocomm Media Development Authority (IMDA) have introduced the SME CyberResilience programme, aimed at bolstering cybersecurity awareness and resilience among Singapore’s small and medium-sized enterprises (SMEs). Announced at the ATxEnterprise event by Senior Minister of State for Digital Development and Information, Tan Kiat How, the programme aligns with the Digital Enterprise Blueprint to enhance digital safety and drive further digitalisation.
The initiative will provide up to 2,000 SMEs with a complimentary Cyber Threat Scanning service, alongside expert guidance to navigate evolving cyber threats. This comes in response to findings from the Singapore Cyber Health Report, which revealed that 80% of local businesses face breaches annually, with 99% experiencing business impact. Given that SMEs constitute 99% of Singapore’s enterprises, enhancing their cybersecurity is crucial for the nation’s digital economy.
Goh Eng Choon, President of Cyber at ST Engineering, stated, “Through the various initiatives like those offered under the SME CyberResilience programme, we are supporting SMEs in improving their cyber posture as part of our broader mission to fortify the entire ecosystem.”
The programme includes a one-time Cyber Threat Scanning Service for ten endpoints, a comprehensive threat report, and access to a cyber analyst. Additionally, ST Engineering will host events to educate SMEs on current threats and defence strategies. Interested businesses can register via IMDA’s CTO-as-a-Service platform.
Johnson Poh, Assistant Chief Executive of IMDA, emphasised the importance of cybersecurity for SMEs, noting, “It is crucial that SMEs remain resilient against the growing cyber threats we face.”
This initiative underscores a long-term commitment to enhancing the cybersecurity landscape for SMEs, thereby strengthening Singapore’s broader digital and economic ecosystem.
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