With more companies coming on board the digitalisation route, cybersecurity is a critical part of their strategy to protect their company’s and customer's data
SINGAPORE — Findings from a new Asia-Pacific SASE survey commissioned by Fortinet from IDC revealed that there is a significant rise in security incidents due to hybrid work and the growth in managed and unmanaged connections, with 48% of surveyed organizations in Singapore reporting more than triple the number of breaches.
“As Singapore continues to embrace the digital future and become a leader in the digital economy, it is essential that we acknowledge the increasing frequency and sophistication of cyber-attacks and data breaches. The shortage of skilled talent in the cybersecurity industry only makes this issue more challenging,” said Jess Ng, Country Manager of Fortinet Singapore.
Pandey also shared that his organisation is also focusing on capacity building as one of the current shortages the industry faces are trained cybersecurity professionals. The findings were shared in a media briefing held concurrently during the Accelerate Asia 2023 held at the Sands Expo and Convention Centre, Marina Bay Sands, on May 25. Simon Piff, Research Vice President from IDC Asia / Pacific, was one of the speakers at the event, and he believes that the study shows the significance of focusing on investing in cloud-delivered solutions and adopting zero-trust architecture, which will mitigate security risks in a hybrid work environment.
As hybrid work becomes more prevalent, workers need access to numerous external systems and cloud-based applications to maintain productivity. According to the survey, employees in Singapore require at least 25 connections to third-party cloud applications, which may heighten the possibility of security breaches. Over the next two years, 100% of respondents in Singapore expect this number to double, while more than 70% feel that this number will triple, exacerbating the risk.
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