Singapore releases new cyber security bill

Illustrative image (Source: thisismoney)

– Singapore has released a new bill on cyber security, aiming to set up a
legal framework to reduce risks of cyber attacks in the country, local
newspaper Straits Times reported on July 11. 

The bill, to which the country’s Cyber Security
Agency (CSA) spent almost two years working on, aims to remove lines between
cyber attack threats and public and private sectors by improving the critical
information infrastructure (CII), including administration systems of banking,
telecommunication, transportation, healthcare and essential energy services. 

It allows the CSA to conduct investigation once
an attack occurs while mandating affected companies or organisations to share
information with the CSA. 

The bill also confers power on the CSA’s chief
as Commissioner of Cybersecurity to investigate threats and relevant
issues to ensure essential services are not disrupted in the event of a cyber

The first cyber security bill includes proactive
measures to minimise disruption to essential services when such attacks happen,
including notifying the commissioner of the CII suffering a cyber-security

The CII owners are asked to report the cyber
attack within a few hours, otherwise they will be fined up to 100,000 Singapore
dollars (72,220 USD) or imprisoned for maximum 10 years. 

The draft bill is released for public
consultation until August 3 and will be submitted to the parliament to discuss
later this year. -VNA

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