Adrian Johnson
TLDR:
- Singapore leads in cybersecurity preparedness according to a new government survey
- Organizations in Singapore have implemented over 70% of the requirements for Cyber Essentials certification
According to a new government survey, Singapore is setting a high bar in cybersecurity preparedness. The Cyber Security Agency of Singapore conducted a Cybersecurity Health Report 2023, polling organizations in 23 sectors about their cybersecurity practices. The report found that Singaporean organizations have implemented a little over 70% of the requirements needed to obtain a “Cyber Essentials” certification, outperforming the rest of the world. However, the report also revealed some concerning findings. Over 80% of organizations in Singapore experienced a cybersecurity incident in the past year, with half of them experiencing multiple incidents. 99% of organizations impacted by a cybersecurity incident suffered business consequences, including disruptions, data loss, and reputational damage.
