Were you a victim of online scams, or do you know anyone who was? In 2022, some S$660.7 million – 5 per cent more than the previous year - was lost to scams in Singapore, many of which were digital scams.
These rules form the baseline safeguards for our citizens. For instance, organisations are obliged to protect their customers' personal data under the Personal Data Protection Act .For example, providers of essential services, like banks and telcos, have implemented steps to make it harder for scammers to obtain credentials or monies from potential victims.
Besides having the skilled personnel to protect our digital ecosystem, these roles provide exciting and fulfilling careers for Singaporeans. The programme, which helps firms access curated cybersecurity workshops and resources, is structured around a three-pronged guide that includes a mindset shift , analysis of potential , and pathway assignment .Studies show that consumers would hesitate to continue supporting an organisation when they experience a data breach.
Adopting mutually recognised trust marks also facilitate data sharing by the organisation with their customers, partners, and suppliers across borders. These may include impersonating an official or a loved one, using scare tactics to entice users to click on suspicious links, and offering investment opportunities or online shopping deals that seem too good to be true.
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