Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. Under the latest version of the law, violating organizations can be fined up to 10% of annual gross turnover or S$1 million, whichever is higher. Personal information from multiple Malaysian public sector and commercial websites was also stolen, making Malaysians vulnerable to social engineering attacks and even phone cloning. Today, any visitor who wants to stay in the country for more than 90 days, including for work, is subject to mandatory medical screening to guarantee that they are not HIV positive. Proactively preparing for incident response in this way requires organizations to keep updated on regulations worldwide, assign responsibility for security and privacy policies, develop response plans before theyre ever needed, and regularly revisit those plans to make adjustments as both internal and external factors evolve over time. Singapore: financial impact of data breach on companies 2020 - Statista This includes learning about the sites privacy policies before submitting our sensitive information and being more cautious when granting access to our social media account towards third party providers, such as games, quizzes, etc. "These trends highlight the increased data security risks faced by the private and public sectors and the urgency of implementing the necessary measures to safeguard personal data.". 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Ta-j9`)mshR7n[esr` H*uyiK[(DhRE[5ROi_*jrGjwfGo}9Vnp)o%c9fsp$G=+Yvq\(}jV(X. #ODT IJohK~AP ;*uv:*(Yc|4E>WAGJi}mXREWSskg^+g_bP$:;,t}GRj(mO\gI=i#yd^7~NY^^%R,FG^mT.jY3L'u`|Jm]dI|UM?"WdC0 @ozF)Ne=r;Y#"=0SoT_*w\aI'qhnxIF1>AteGXtD&(,qNaRFSr*Lr3]26'Nx'CCgfxhb,I4jJ$u X18WC(VKYpJ^`YQuk1H:keV z!5*IEr ] L roB&cp;jT,d4*;o6 SGS Testing & Control Services Singapore Pte Ltd +65 6379 0111 +65 6779 0527. 0000005058 00000 n The centre was set up in April 2020 for members of the public to report data incidents involving government data or government agencies and seeks to strengthen the governments capabilities to detect data incidents. However, it noted that it still was in the process of confirming that no other clients were affected. Government raised the ABSD rate for foreigners buying properties in Singapore from 30% to 60%. The biggest data breaches in Southeast Asia | CSO Online Mandatory data breach notifications when a breach causes harm to consumers New criminal offenses and a private right to action for violations of the PDPA New authorities for the Personal Data Protection Commission (PDPC), which administers and enforces the law The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes. "Work-from-home arrangements and the use of unsecured home networks may also raise the risk of data incidents," SNDGO said. All of the incidents were assessed to be of. Effectively responding to an incident starts by determining what happened through an investigation that looks at what data was accessed, who was affected, when it happened, and what is the potential harm to individuals. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. Lulled into complacency, businesses face risks of supply chain attacks even after they have done their due diligence in assessing their third-party suppliers' security posture before establishing a partnership. Those contravening the PDPA risk a financial penalty of up to 10 per cent of the organization's annual local turnover or SG$1 million (US$736,900) whichever is higher. Cyber Risk Surveillance: A Case Study of Singapore, WP/20/28 - IMF His name resurfaced again in 2019 as he was suspected to have leaked the personal information of over 14,200 HIV-positive individuals. These measures were recommended by the Public Sector Data Security Review Committee (PSDSRC), formed in March 2019 after a spate of cyber-security breaches, including Singapore's worst data breach involving 1.5 million SingHealth patients' data in June 2018. 160,000 patients had details related to outpatient dispensed medicines as well. 0000004232 00000 n "Last year, Singapore observed a 73% increase in reported data breaches and ransomware incidents, compared to the year before," said Teo Chee Hean, Singapore's senior minister and coordinating minister for national security, in March 2022. Businesses commonly collect and store their customers personal data such as names, e-mail addresses, mobile phone numbers, credit card details, identification numbers and other personal details, which put that confidential and sensitive information at high risk of being exposed and stolen by hackers. Thanks to his report, HSA disabled the database and the police were informed. The biggest story of the month was the mammoth 1.2 billion fine given to Facebook's parent company, Meta, for a series of GDPR (General Data Protection Regulation) breaches. 0000005172 00000 n Personal data pertaining to 2,400 Ministry of Defence (Mindef) and Singapore Armed Forces (SAF) personnel was put at risk and could have been leaked. Any data breach that is likely to result in harm to individuals based on the personal data noted above or that compromises the personal information of more than 500 Singapore residents requires incident response in the form of a data breach notification under the latest amendment to the PDPA. The Y2K bug, also known as the Millennium Bug, messed with the formatting and storage of calendar data right before the year 2000. A swift and complete response not only allows organizations to maintain compliance, but it can also leave time to move into remediation mode to fix the issue and stem the fallout from the issue (both in terms of potential fines and consumer trust). Marriott data breach FAQ: How did it happen and what was the impact? 2023 ZDNET, A Red Ventures company. This means that any organization that collects and maintains data on Singapore residents must comply with the law, regardless of where their business is actually located. Non-medical personal details of 1.5 million patients who visited SingHealths specialist outpatient clinics and polyclinics between 1. Financial impact of cybersecurity attacks on companies Singapore 2020. These recent amendments make it essential for organizations worldwide to understand whats required under Singapores PDPA and the potential consequences for violating the law. It added that developing the public services capabilities and instincts in managing and securing data is an ongoing endeavour. Singapores hallmark privacy legislation, the Personal Data Protection Act (PDPA), has been around since 2012. Public Wi-Fi connections are very useful to keep us connected in this smartphone and Internet era. . The investigation of the incident concluded that the breach was a random and opportunistic attack on the server and there was no evidence that the data was copied or exported. . Organizations that experience a data breach not relating to the designated personal data but that affects more than 500 individuals must only notify the PDPC. An FAQ guide to data breach notifications in Singapore Exposing personal data to the wrong person or leaving it unsecured can lead to a data breach notification under the PDPA. Tech stock companies were dealt a more severe blow. It institutes guidelines on how companies secure and store data, and requirements for notifying victims of a breach under their watch. At the time, 1560 SingPass accounts were potentially accessed. Violating organizations can be fined up to 10% of annual gross turnover or S$1 million, whichever is higher. Not the first time Uncle Sam has had the wheels come off its IT systems, Analyst says expense 'no small drop in ocean' but reputational damage could be 'far greater', Amazon Web Services (AWS) Business Transformation, AWS taps up Singapore scientists to overcome hurdles facing quantum computing, Ever wondered how much data web giants generate? Decrease the likelihood of incidents; . The leaked information includes mobile numbers, unique phone serial numbers and home addresses. The attack affected 522,722 individuals, compromising personal data including names, phone numbers, birthdates, addresses, and order histories. If you are an individual with a data protection complaint involving your own or another persons personal data, please submit your complaint. Importantly, the PDPA urges organizations to do so expeditiously, as the likelihood of significant harm to affected individuals may increase with time.. The cookie is used to store the user consent for the cookies in the category "Other. A similar notice was published on itsVietnamese websiteand to date there are no further details as who was the attacker, which personal data might have been breached and how many customers might have been affected. 0000047919 00000 n For more information please read our. Michael Reed brought the lawsuit after Alex Bellingham targeted him (Reed) with marketing based on Reeds personal data. ][dk%v#i`HAH9!wm#8Z9sZw&>5n=X:`F,9PeKl Gn1uU5H'@+k_%00Lzn^+ PaZQd&lxB[/. Like most privacy laws worldwide, PDPA compliance is extra-territorial. Last updated on October 7, 2022 If you suspect that your personal information has been misused by an organisation, Singapore's Personal Data Protection Act (PDPA) provides you with some protections on which you may rely.
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