This year’s competition aims to advance the development of suitable financial products and tools that can improve financial health. This can be an important enabler to empower individuals and businesses to manage resources effectively to build financial resilience.
Tag: technology
When 4 equals 5: Singapore gives its verdict on a shorter work week in Asia-wide survey
The enthusiasm level for a four-day work week is very high among Singapore employees, of whom 93 per cent of the surveyed respondents have embraced the idea.
Singapore Smart Nation 2.0: New agency to tackle online harm, plus SGD 120 million to boost ‘AI for Science’
The new Singapore government agency could become a “trusted source of support”, acting on behalf of victims and directing “perpetrators and service providers to put a stop to the [online] harms”, said PM Wong. It will be introduced jointly by the Ministry of Digital Development and Information and the Ministry of Law.
14 victims lose SGD 100K+ within 6 days in Singtel ‘reward points’ SMS phishing scam
Modus operandi of the latest September 2024 Singtel SMS scam matches that of the past year. The June 2023 police advisory had explained: “In this scam variant, the victim would receive an unsolicited SMS prompting the victim to click on a fraudulent link to claim a reward before the expiry of his Singtel points.”
Singapore cyber-crime trend: Fewer phishing e-mails but more AI-sharpened language
AI-enhanced quality in the text of the phishing e-mails increases the risk of targets falling for scams, since these e-mails would not have the usual red flags.
Global IT outage: Josephine Teo says Singapore must “fortify” digital defences during “peacetime”
Stressing upon the importance of measures to counter digital disruption, the Singapore minister said that updated Business Continuity Plans and regular Tabletop Exercises were vital.
SingCERT warns users against phishing attacks exploiting global CrowdStrike outage
SingCERT released a list of malicious domains identified, associated with the phishing campaign, that impersonate CrowdStrike’s brand.
‘AI Steve’, the first digital candidate in UK elections, aims to make 24/7 human connections
Generated by Artificial Intelligence, the digital Steve is an election nominee for the Brighton Pavilion parliamentary constituency; the previous incumbent was the Green party’s Caroline Lucas.
Upset after being fired, Indian techie in Singapore hacks former company’s system, causing SGD 918K loss
While the reason cited for the contract termination was poor work performance, Nagaraju felt “confused and upset” because he believed that he had made “good contributions” to NCS.
Google completes fourth data centre in Singapore, taking investment to USD 5 billion
With this, the Google infrastructure investment in Singapore has increased more than 5-fold since 2022, when the company launched its third data centre in the island nation.