Cybersecurity
ABOUT CYBERSECURITY
In today’s interconnected world, cybersecurity is integral to all aspects of business operations and extends far beyond simple data protection, firewalls and anti-virus software. It encompasses a comprehensive ecosystem, from early threat detection and risk mitigation to breach management and recovery. Early identification of vulnerabilities, continuous monitoring, and rapid response capabilities are critical for minimising disruptions and ensuring business continuity. By adopting a thorough cybersecurity strategy and practising strong cyber hygiene, businesses can effectively manage risks, maintain operational resilience, and protect their reputation.
Role of SBF
SBF partners with organisations across both private and public sectors to help businesses address cybersecurity concerns that include prevention, detection, response, and recovery to ensure businesses can stay secure, remain competitive in a constantly evolving threat environment. SBF further support businesses to raise their cybersecurity posture towards aligning and attaining CSA’s cyber essentials and cyber trust marks that can enhance customer confidence and trust in the business's ability to protect sensitive information.
Enhancing Vigilance
Enhancing vigilance is essential to defending against cyber threats, and phishing exercises play a crucial role in this effort. Under a Memorandum of Understanding (MoU) signed between SBF and the Ministry of Defence (MINDEF), SBF held a phishing exercise in 2025 where phishing emails were sent to almost 200 businesses and over 4,500 employees across five business sectors – retail, industrial, consulting, environmental, and healthcare. Key findings from this tabletop digital exercise emphasised the need for businesses to guide their employees on identifying suspicious emails, assessing security systems, reviewing vulnerabilities, and improving incident response strategies. SBF will continue to help businesses increase their readiness for digital disruptions and will introduce a comprehensive suite of cybersecurity initiatives to further safeguard their digital assets.
Supporting Cybersecurity Efforts
As cyberattack forms continue to evolve, SBF works with RSM Singapore to offer targeted and thematic cybersecurity workshops to help businesses securely manage digital data, swiftly respond to cyberattacks, implement business continuity plans, and discover the latest cybersecurity trends. These workshops further raise awareness of potential security gaps and provide actionable recommendations to strengthen overall cybersecurity. By improving defences against cyber threats , businesses can build a more resilient cybersecurity posture.
For the latest cybersecurity workshops, please visit https://members.sbf.org.sg/event.
Contact Us
For more information on how your business can glean more cybersecurity insights and integrate cybersecurity solutions, please contact our SBF representatives via smart.tech@sbf.org.sg
MORE INFORMATION
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