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COVID-19 has seen consumers across the world ditch cash and in-person shopping in favour of online spending, according a Standard Chartered global survey. Almost two-thirds of survey respondents (64 per cent) agree that COVID-19 has made them more positive about online shopping, but they are also more...
Trend Micro Incorporated released research earlier this year that states organizations' on-premise and cloud-based servers are compromised, abused and rented out as part of a sophisticated criminal monetization lifecycle. The findings come from the second of a three-part report series looking at how the underground...
The COVID-19 pandemic has posed challenges to the education and training industry, a sector which has valued face-to-face interactions and, as such, has tended to resist digitalisation. With rules and restrictions aimed at reducing social contact implemented as a response to the pandemic, the sector has been...
It’s no secret that 2020 has been a challenging year for businesses, particularly SMEs. In response, the Singapore Government has introduced several forward thinking initiatives to support local businesses and help them become more resilient and competitive. Two such initiatives are the S$200 E-invoicing...
One in two Singapore consumers (51 per cent) said they prefer to shop at local businesses to help them recover from the business fallout from COVID-19, according to the UOB ASEAN Consumer Sentiment Study. The study findings come as one in two local businesses have reported revenue...
Ever since the novel coronavirus pandemic, Covid-19, hit Singapore and the world early this year, digital technologies have sustained governments, companies and even individuals. According to a global survey done by Mckinsey, the pandemic has accelerated the digitalisation of businesses by as much as three to four...
The Malaysian Ministry of Communications and Multimedia (KKMM) has announced the launch of PRIME (Program Realisasi Impian Ekonomi Digital), an initiative by the national level domain name provider MYNIC, to drive digital adoption among the small medium and enterprise (SME) sector and increase the competitiveness of small...
There is a correlation between the way a data breach is disclosed and the total financial losses an organization experiences following a cybersecurity incident. According to a new Kaspersky report, ‘How businesses can minimize the cost of a data breach’, SMBs that decide to voluntarily inform their...
Trend Micro Incorporated released survey results earlier this year that show smart home devices and their apps represent a major weak link in the corporate cybersecurity chain as the lines between work and home life increasingly blur. Trend Micro's Head in the Clouds study surveyed more than...
From its founding five years ago, Carro, an end-to-end automotive platform, has grown to become Southeast Asia's largest automotive marketplace – facilitating not just the buying and selling of cars, but also insurance, financing and maintenance. Now, Carro is disrupting traditional car ownership by providing drivers with an end to end platform for...