Information Technology
More than half of SGX firms polled are vulnerable to email fraud: report
Only 8% actively block suspicious emails.
More than half of SGX firms polled are vulnerable to email fraud: report
Only 8% actively block suspicious emails.
Adopting XaaS leverages expense model for businesses — EY-Parthenon
The subscription-based model of bundling services for a monthly or annual fee still works.
9 in 10 consumers will reward brands that protect their data: survey
One way that consumers reward brands is through positive app store reviews.
AI Singapore, Temus join hands to accelerate AI adoption amongst local firms
The partnership between the two companies will realise Singapore's vision to be a Smart Nation.
The IT job: Demand for digital occupations rises in Singapore
It accounted for an annual average of 11% of total online job positions in Singapore.
8 in 10 organisations want employees with tech-focused certification
Seven in 10 are having difficulty finding such employees.
Study shows 60% of Singaporean firms suffering breaches costing $1.3m
More than eight in 10 firms are hiring more IT staff.
4 in 10 consumers will boycott organisations that do not reduce data-related pollution
Two per cent of global energy-related pollution emissions are caused by data centres.
Chart of the Day: Gen Zs optimistic but cautious about crypto
More than two in 10 said they want to take a wait-and-see approach.
What hinders Singapore companies from entering the metaverse?
Two in three companies say they are still unprepared to do so.
More than 4 in 10 organisations suffer revenue loss from identity-related security issues
More than 80% of organisations have fallen victim to identity-based attacks.
Chart of the Day: Majority of fund managers look to use AI to reduce manual process
Other fund managers seek to use DLT-related tools.
Over 6 in 10 companies plan to reduce staff in 2023 economic recession
There’s one area, however, where companies plan to do the opposite.
Chart of the Day: Worryingly, almost 8 in 10 fund managers still use fax
The report showed that 10% of fund managers’ businesses are fully manual.
Chart of the Day: Top three main drivers of automation for fund managers
Nearly seven in 10 are inclined to use automation for fund distribution.
Only 1 in 10 companies in Singapore are prepared to address cybersecurity risks
Cybersecurity issues have cost organisations at least US$500,000.
Chart of the Day: 10% of fund managers' businesses are still unautomated
Asset servicers are less likely to be manual than investment managers.
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Commentary
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