For example, Singapore’s Cybersecurity Strategy launched in 2016 outlines the country’s proactive stance to protect identified critical information infrastructure that provides essential services in 11 sectors (aviation, banking and finance, energy, government, healthcare, info-comms, land transport, maritime, media, security and emergency services, and water). Singapore’s Cybersecurity Act also imposes regulations on key companies to protect their systems.
Yet incidents like the Facebook outage highlight systems outside this list that do not deliver essential services but can affect Singapore significantly if “disrupted or compromised”, to use the words of the new Singapore Cybersecurity Strategy 2021 launched at Singapore International Cyber Week last week.
Tech companies have been put on notice. They know they have a duty to protect systems, avoid passing costs to society, and manage the regulatory fallout on bottom lines.
The Internet is a complex mix of engineering, governance and security. There is responsibility across the corporate, national, community and even individual levels.
We cannot leave this to any single entity because of concentration risk; we all have a part to play.
BUILDING RESILIENCE AGAINST THE NEXT OUTAGE
Still, these developments won’t slow much less stop the relentless march of the digital economy. The solution must lie in building up our resilience in such a digital failure.
Diversifying the technologies we use might seem expensive, even wasteful when we won’t use more than one main channel when they work well.
This article originally appeared on the CNA
Source link Author on date 2021-10-11 22:03:45