New law will require owners of critical services to report wider range of cybersecurity incidents

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 76 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 37%
  • Publisher: 66%

Cybersecurity News

Singapore Parliament

As tactics of malicious actors evolve to target systems peripheral to owners of critical services, Singapore must also place "alarms" at these places, says Senior Minister of State for Communications and Information Janil Puthucheary.

As tactics of malicious actors evolve to target systems peripheral to owners of critical services, Singapore must also place"alarms" at these places, says Senior Minister of State for Communications and Information Janil Puthucheary.

The Cyber Security Agency of Singapore will now also be able to manage entities beyond its current regulatory regime. These include Entities of Special Cybersecurity Interest . Tabling the Bill for a second reading, Dr Janil said that it aims to tackle “shifts in the operating context” in cybersecurity, and strengthen the administration of the Act to address “operational challenges” CSA has faced.

While Singapore implemented legislation in the form of the Cybersecurity Act in 2018, technology has evolved and business models have changed. With all this in mind, it is “vital” Singapore updates cybersecurity laws to stay ahead of the curve, said Dr Janil.Singapore is making a “major update” to its Cybersecurity Act , given the significant shifts in the digital domain, said Senior Minister of State for Communications and Information Janil Puthucheary.

Nominated Member of Parliament Razwana Begum also raised concerns about the ambiguity of the terms “sensitive information” and “function of national interest”, pointing out that a lack of clear definition could lead to inconsistencies in regulatory decisions. “Some compliance costs cannot be avoided where regulation is concerned. It's something we are mindful of. We do not seek to regulate without good reason.”In Parliament on Tuesday , Senior Minister of State for Communications and Information Janil Puthucheary responded to clarifications sought by Members of the House on the Cybersecurity Bill. The Bill was then passed.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in TECHNOLOGY

Technology Technology Latest News, Technology Technology Headlines