Cyber security threats are increasing in number, persistence, and sophistication.
Organisations have become progressively more reliant on digital infrastructure. Whether its consumer threat or state-sponsored cyber actors gain new opportunities to access sensitive data and disrupt key operations.
Governments, businesses and consumers recognise the seriousness of cyber threat, with cyber resilience becoming a sustained board level agenda item, and sometimes even considered a source of competitive advantage.
Global spend on cyber security technology platforms and services is at an all-time high and is predicted to continue in its exponential rise. The sustained intensity and constantly changing cyber landscape require an ecosystem of technology vendors who can respond rapidly and with increasing innovation.
As the Singaporean government defines a masterplan to improve cyber security within the public and private sectors the industry is set for growth.
Investment in local professionals will increase and see an improvement to the level of professionalism and skill in the industry. Businesses need the most strategic and forward-thinking minds in the industry to keep pace with a rapidly evolving market.