Following two years of high but stable loss activity, 2023 has seen a worrying resurgence in ransomware and extortion claims as the cyber threat landscape continues to evolve, Allianz Commercial warns in a new report.Hackers are increasingly targeting IT and physical supply chains, launching mass cyber-attacks, and...
Veritas Technologies has released findings of new research that shows 45% of organizations may be miscalculating the severity of threats to their business. The study, Data Risk Management: The State of the Market—Cyber to Compliance, which polled 1,600 executives and IT practitioners across 13 global markets, provides insights...
DigiCert has released the results of a global study, Preparing for a Safe Post Quantum Computing Future, exploring how organizations are addressing the post-quantum computing threat and preparing for a safe post-quantum computing future. Key findings reveal that while IT leaders are concerned about...
In Budget 2024, which comes after a difficult year and anticipates the challenging global situation ahead, the government continues its efforts to develop local enterprises, equip workers for life, and also create pathways for equity and mobility. Developing local enterprises Minister...
Finance Minister Lawrence Wong delivered Singapore’s Budget 2024 on 16 February 2024. The budget comes after a difficult 2023 in whichthe international environment was troubled, the global economy was subdued and Singapore’s own economy grew by a modest 1.1%, fortunately avoiding a recession. In...
New Salesforce research shows 86% of IT leaders in APAC expect AI to increase developer productivity at their organisations over the next three years — a welcome relief as they simultaneously report a 39% increase in IT requests in the last year alone. However,...
Toku has unveiled new research showing that three out of four of Singapore consumers are more confident in recognising scam calls and SMS than they were 12 months ago. Toku's Customer Engagement Report 2023 polled 1,000 Singapore residents to shine a spotlight on the way they interact...
Local business sentiment has weakened with only 25% of businesses confident that the economy will improve in the next 12 months, compared to 41% a year before. The top challenge faced by businesses is an increase in business cost (58%) with manpower cost cited...
Zendesk, Inc. has released its annual Customer Experience (CX) Trends Report, the findings of which signal a rapid transition towards intelligent CX. In this era, the shift to AI-driven service will create a big divide between companies who use AI to create the best customer experiences and...
Despite the current geopolitical and economic uncertainties and escalating cost-of-living pressures, a staggering 92% of Singapore CEOs forecast growth for their businesses, reports the KPMG 2023 CEO Outlook. This figure significantly surpasses the 77% of global CEOs who share this positive outlook. Notably, this...