Funding to provide up to $ 90,000 to initiatives that drive the growth of S’pore’s cyber talent

Singapore-Because more talent is needed to combat cyber threats, a new fund will be launched later this month to provide up to $ 90,000 to initiatives that will drive their growth.

Josephine Teo, Minister of Cyber ​​Security and the Smart Nation Initiative, made a public offering on Friday (January 14th).

“If you have ideas for expanding or strengthening the cybersecurity community, developing and recognizing skills, or creating more training and employment, we would love to hear from you,” she said. Said.

Under the new SG Cyber ​​Talent Development Fund of the Cyber ​​Security Agency (CSA), Singaporeans, permanent residents, and organizations registered in Singapore can apply for funding for a variety of projects.

Organizers of community projects such as public engagement events, mentorship programs, and career sharing sessions can receive up to $ 6,000 for projects up to 6 months.

For skill development and awareness projects such as technical workshops, cybersecurity contests, and conferences, organizers can receive up to $ 20,000 for projects of up to one year.

Training or employment programs for cybersecurity personnel, including conversion programs, receive the highest level of support for up to $ 90,000 for projects that last up to a year.

Application for proposals will begin each January, April, July and October at our SG Grants Portal at

Mrs. Theo, Minister of Information and Communications, said the new fund will help communities and organizations in devising initiatives to support the growth of Singapore’s cybersecurity ecosystem.

She spoke at the Marina Bay Sands Convention Center during the annual Cybersecurity Awards 2021 hosted by the Information Security Professionals Association.

Mrs. Theo also said the CSA will host the fourth edition of Exercise Cyberstar in the last week of January. Last conducted in 2019, this exercise is a government-wide effort to test Singapore’s cyber incident management and emergency response plans.

Details of this year’s exercises will be announced at a later date.

The two CSA initiatives are part of Singapore’s overall cybersecurity strategy launched last year, with Teo saying, “Actions against all stakeholders in the cybersecurity ecosystem, not just the government blueprint. Call for “.”

The cyber threats facing Singapore are serious and urgent, Teo said, citing the Log4J incident last December.

This means that a critical vulnerability has been discovered in a widely used open source software called Log4J. This could give an attacker complete control over the affected system.

“The presence of Log4J in myriad applications, products, and even the supply chain means that it’s really hard to know how dangerous an organization is,” says Teo. He added that malicious attempts to exploit the vulnerability surged 300 times within a few days of disclosure. First made.

“It’s no exaggeration to say that almost every IT team in Singapore and around the world has been working hard since December to research development, share information, implement patches, and respond to Log4J-related incidents.” Said Teo.

Another threat comes from hackers and cybercrime groups sponsored by increasingly sophisticated countries.

Mrs. Teo said that the hottest incidents over the past year, such as the SolarWinds, Colonial Pipeline, and Kaseya hacks, indicate the potential for catastrophic supply chain breaches and ransomware attacks.

“We are now keenly aware that the effects of cyberattacks can spread to the real world, whether it is the closure of a large supermarket chain or the interruption of medical services. The impact is obvious. “

During the event on Friday, Mrs. Theo awarded eight individuals and businesses for their contributions to the cybersecurity ecosystem in Singapore and the region.

Winners included DBS Bank, cybersecurity companies Acronis and Responsible Cyber, and cybersecurity experts and students.

Funding to provide up to $ 90,000 to initiatives that drive the growth of S’pore’s cyber talent

Source link Funding to provide up to $ 90,000 to initiatives that drive the growth of S’pore’s cyber talent

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