Singapores Monetary Authority of Singapore released IT security hardening fund to the tune of SG$30 million. The fund aims to finance the cybersecurity training and the minimum defense integrity of small players in the financial sector of Singapore. The city-state is a model worthy emulation of for other countries in Southeast Asia. New techniques and steps are shared with the rest of the financial system in order to help harden their financial systems. The basic building block of Singapore’s robust security arrangement is through massive data analytics.”]
Source: https://hackercombat.com/singapores-countermeasure-in-security-its-financial-sector/