Singapore to spend $719m beefing up government’s cyber, data security systems

The Singapore government will look to invest SG$1 billion to beef up its cyber and data security systems, which it says is critical as its agencies increasingly adopt technologies such as artificial intelligence (AI), cloud, and Internet of Things (IoT). To be spent over the next three years, the funds will go toward readying the country to deal with cyber threats as digitisation efforts intensify.

Protecting Singapore remains a high priority and efforts to do so must be “funded adequately”, said Finance Minister Heng Swee Keat, during his speech Tuesday detailing the country’s budget for fiscal 2020. Enhancements to the government’s cyber and data security capabilities would help safeguard its critical information infrastructures as well as citizens’ data.

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Source: ZDNet