Calixto Tay

More tools don't always mean better security—44% of CISOs couldn’t detect a breach in the past year despite existing solutions. Overwhelmed by blind spots in hybrid cloud environments, 6 in 10 are prioritizing tool consolidation. With AI-fueled ransomware threats on the horizon, 85% say deep observability is key to stronger security in 2025. Read full article here: https://lnkd.in/gpNEPg2d #Cybersecurity #CloudSecurity #AIThreats #HybridCloud #Observability #DataInMotion #CybersecAsia

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This is the second reported incident of hackers using simple social engineering to take over phone numbers linked to eSIM. And that means ability to access bank accounts and sign up for gazillion apps like shopee and Lazada where the authentication is often linked to getting an SMS on your phone. I am a huge believer of using physical SIMs and banking tokens. The industry swears that it's impossible to hack into eSIMS and digital banking tokens because of strong encryption and two factor authentication and whatever. But time and time again, we know the smart hackers often make use of social engineering and don't need to have high tech hacking tools to take over identities and accounts. There are many questions unanswered in this story, like how it happened?. Was a police report lodged? I beseech the authorities and the media to push to uncover the full story. Consumers here have a right to know the risks of using these soft tokens, and should continue to have to reject soft tokens and eSIMs if they choose to stick to safer physical options

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😛 🤗 I couldn't be more excited and motivated! 😁 😀 The Straits Times reported the release of The NextGen Tech 30 list, by Granite Asia and of the 30, 12 (more than one-third!) are members of Singapore FinTech Association (SFA)! Heartiest congratulations to you and thank you for giving me the chance to share your joy and achievements! Advance Intelligence Group | Aspire | bolttech | Coda Payments | Endowus | Fano (Fano Labs) | Funding Societies | Modalku Group | ShopBack | Sleek | Thunes | WIZ.AI Criteria for the list are specific, including generating minimum revenue of US$ 20 million or achieving y-o-y growth rate of > 30%, as well as displaying innovative use technology. The partners curating this list include 65 Equity Partners , SGX Group, DBS Bank, Singapore Economic Development Board (EDB) and many more. More information can be found here: https://lnkd.in/gEbruyiq Seeing so many stakeholders of our community on this list really reinforces that #fintech is moving along the right direction, despite macro environment challenges, geo-political tensions, talent woes etc. It further encourages SFA to want to do more in supporting this critical group of start ups / scale ups in reaching new heights! Once again, deepest well wishes and I shall continue to witness your growth and triumphs!

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These are the most active investors in Singapore’s startups 👉 Read more: https://buff.ly/45WNTJM 🇸🜃💼 Which investors are writing the most checks to Singapore-based startups?

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These are the most active investors in Singapore’s startups 👉 Read more: https://buff.ly/45WNTJM 💰🇸🇬 Which investors are writing the most checks to Singapore-based startups?

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These are the most active investors in Singapore’s startups 👉 Read more: https://buff.ly/45WNTJM 💸🇸🇬 Which investors are writing the most checks to Singapore-based startups?

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🇸🇬 Get ready, because Immerse Singapore 2024 is just around the corner! We’ve brought together some of the brightest minds in security, networking, and cloud to help you navigate the 2024 cyber threat landscape. Are you ready to regain control and prepare for your 2025 Connectivity Cloud strategy? Learn how to tackle today’s challenges and what AI brings for tomorrow. Secure your seat before it’s too late—don’t miss this opportunity to gain cutting-edge insights and network with industry leaders. Don't miss this opportunity to grow, connect, and innovate. Seats are limited, register now: https://lnkd.in/dGq4i5EY #ImmerseASEAN2024 #ConnectivityCloud #EverywhereSecurity #AINativeSOC #DigitalModernization #NetworkModernization

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"At least 50,000 SMEs are expected to benefit from the DEB over the next five years" Announced at the ATxSG event held in Singapore, this initiative provides a boost for local SMEs to adopt AI enabled solutions within their organization. Termed Digital Enterprise Blueprint (DEB) and supported by key ministries, this initiative helps speed up adoption of AI within the SME sector. SMEs will benefit mainly through: 1. improved operational efficiency where AI can replace many of the repetitive tasks and help increase productivity. 2. Increase the innovation through providing sandboxed models where SMEs can develop and test their products. With the help of cloud providers such as Microsoft, AWS, Google and Salesforce, they can leverage cloud based technologies to speed up the process of innovation and go-to-market activities. 3. Provide valuable experience and knowledge for the existing workforce in learning, adopting, and implementing the latest technologies available in the market. This is a great initiative to assist SMEs in stepping into the world of AI. #singapore #ai #tech #sme #smb #microsoft #aws #google #salesforce #atxsg

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The emergence of the SIJORI Growth Triangle laid the foundation for increased economic integration and collaboration among Singapore, Johor, and Riau. The collaborative efforts attracted significant investment interest from various sectors, including digital infrastructure. As the SIJORI Growth Triangle gained momentum, it became evident that digital infrastructure was a crucial component for sustaining and enhancing economic growth. Read the story behind the SIJORI Growth Triangle: https://lnkd.in/g8fJRSQJ #collaboration #digitalinfrastructure #investments #economicgrowth #digitalsector #singapore #johor #riau #region

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Today’s edition of The Growth Conversation features Brian Hui. Find out how he has helped turn the almost 160-year-old legacy brand into a nimble innovator, leading in the new era. Read more here: https://lnkd.in/gquAbZt4

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Explore the future of Unified Endpoint Management with SRSG! 🌐🔒 1️⃣ Comprehensive Device Management 2️⃣ Enhanced Security Measures 3️⃣ User-Friendly Interface 4️⃣ Scalability for Business Growth 5️⃣ Real-Time Analytics 6️⃣ Remote Management Capabilities Stay ahead with SRSG’s UEM solutions and ensure your business remains secure, efficient, and ready for the future. Visit www.srsg.com for more details. Discover how SRSG can transform your endpoint management strategy. Contact us today to learn more! . . . #SRSG #UEM #UnifiedEndpointManagement #DeviceManagement #ITSecurity #BusinessGrowth #RemoteManagement #RealTimeAnalytics #FutureOfIT #DigitalTransformation

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🖊️ 𝐒𝐮𝐛𝐬𝐢𝐝𝐢𝐬𝐞𝐝 #𝐒𝐌𝐄 𝐑𝐚𝐭𝐞𝐬 𝐟𝐨𝐫 #𝐌𝐢𝐜𝐫𝐨𝐬𝐨𝐟𝐭𝐂𝐨𝐩𝐢𝐥𝐨𝐭! On 21 May, Enterprise Singapore (EnterpriseSG) signed a memorandum of understanding (MOU) with AI Singapore for SMEs to enjoy subsidised rates for Microsoft Copilot, an #artificialintelligence (#AI) tool embedded in Microsoft 365 applications such as Word, Excel, PowerPoint, Outlook and Teams.   The tool can answer queries, summarise data and create content for its user.   💰 EnterpriseSG will defray 50% of Copilot’s licensing costs for a 12-month period. More than 1,000 SMEs will be eligible to purchase up to 50 user licenses at a subsidised rate. 👨‍🏫 In another MOU signed between Microsoft and IMDA, Microsoft will be conducting workshops to help companies identify cases for generative AI.   ➡️ Many companies are slowly incorporating AI tools into their operations. Which one is most suitable for your business? Discover now: https://lnkd.in/gHuaqpcK

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Singapore's SMEs can get subsidized rates for Microsoft's AI tool Copilot under a new MOU between Enterprise Singapore, IMDA and Microsoft. This will allow more SMEs to leverage AI for various tasks including answering questions, summarizing data and creating content. #Singapore #SMEs #AItool #ArtificalIntelligence #MicrosoftCopilot #EnterpriseSingapore #IMDA

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If you are in Singapore on 20-21 August 2024 then join me at CISO Singapore at Equarius Hotel Sentosa. Details are available @ https://lnkd.in/gcHAGsid . The title of talk is "The API Security Imperative: Protecting the lifeblood of modern enterprises". As APIs become the backbone of digital transformation, they also introduce new vulnerabilities that can be exploited by attackers, leading to severe financial, reputational, and regulatory consequences. In this talk, we will explore the critical importance of API security in today’s interconnected world, the common challenges organisations face, and why securing APIs should be a top priority. Attend this session to discover how proactive API security strategies can safeguard your enterprise and ensure long-term success in the digital age. #ciso #apisecurity #traceable #api

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https://lnkd.in/gEm_yeMJ PDPC Singapore has issued a Proposed Guide on Synthetic Data Generation, an important technique in data processing to protect privacy. With synthetic data, we can develop synthetic data in various forms such as text, tabular data, and media data like images, audio, and video for big data analysis and machine learning while complying with UU PDP (Indonesian Personal Data Protection Act No 27 Year 2022), maintaining privacy, and reducing the risk of personal data breaches. This certainly opens up research opportunities that can be pursued in the context of Indonesia. Some of our publications in IEEE and ACM related to Privacy Preserving include: #1. *Data Analysis and Synthesis of COVID-19 Patients using Deep Generative Models: A Case Study of Jakarta, Indonesia* https://lnkd.in/gSc84gWe #2. *How Resilient is Privacy-preserving Machine Learning Towards Data-Driven Policy? Jakarta COVID-19 Patient Study Case* https://lnkd.in/gbXJ7mrt

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KUALA LUMPUR (July 27) In a move to bolster Malaysia’s technology ecosystem, ViTrox Corp Bhd’s (KL:VITROX) co-founders are partnering with private equity firm Southern Capital Group to create a venture capital fund. Dubbed the Cambrian Fund, it aims to support local tech startups and nurture a robust tech ecosystem in Malaysia. The fund will focus on the Industrial 4.0 themes, including vision artificial intelligence and robotics. It aims to invest in early-stage tech companies whose founders have the right mindset, compelling vision, and exceptional execution capabilities necessary to achieve market leadership and success in a dynamic and competitive global environment. The fund intends to cast a wider net to attract other industry leaders and key stakeholders into the fund's ecosystem. The fund, which will be launched in October this year, is targeting to raise RM150 million, of which RM60 million is to be secured from ViTrox founders and Southern Capital. ViTrox's founders are Chu Jenn Weng, Steven Siaw Kok Tiong, and Yeoh Shih Hoong. Speaking at a pre-launch of the Cambrian Fund, Chu said Malaysia has the potential to become the Silicon Vallley of the East. He emphasised that achieving this vision requires industry players to contribute their knowledge and expertise, as well as increased investment from those who share the goal of strengthening the local tech ecosystem. “Southeast Asia is poised for significant growth and we see unique opportunities to foster local tech companies and create global champions. Our initiative aligns with the National Semiconductor Strategy, which aims to cultivate a dynamic ecosystem and establish at least 10 Malaysian tech companies with over RM1 billion in revenue,” said Chu, who is also president, managing director and chief executive officer of ViTrox. Chu is the largest shareholder in Penang-based ViTrox with a 26.44% stake. The group produces machinery and equipment designed to automate the rigorous testing of semiconductor devices. He highlighted that Penang is an excellent destination that boasts strong infrastructure, a highly educated and motivated workforce, and successful companies founded by entrepreneurs, which create significant investment opportunities. “Permanent dislocations in global supply chains due to geopolitical changes have led to tremendous prospects for local operators and entrepreneurs to achieve massive growth, but this requires networks, knowledge and capital. "Southern Capital is excited to have the founders of Vitrox as limited partners and allies in this transformative venture. We share the same values and vision, aiming to leverage our collective experience and knowledge to help others achieve significant returns and growth,” Tan added.

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