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S$44.3m cyber security lab to be set up

With the ever increasing cyber threats, we are seeing more and more efforts done to strengthen our nation’s cyber security defence mechanism.

A S$44.3 million cyber security lab will be set up by August following the inking of a partnership between Singapore Technologies Electronics (ST-Electronics) and the Singapore University of Technology and Design (SUTD).

Jointly funded by the National Research Foundation (NRF), SUTD and ST Electronics, it will be the first corporate lab to focus on cyber security under the Corporate [email protected] scheme, which supports the setting up of corporate laboratories through public-private partnerships.

The 400 sq m ST Electronics-SUTD Cyber Security Laboratory will be located on the SUTD campus and will be able to accommodate 60 researchers.

It will have three main research areas: cyber security big data analytics, development of trusted monitoring and mitigation techniques, as well as the development of innovative methods for detecting malicious and deceived insiders in an organisation.

“Cyber risks and attacks would become more commonplace as countries and nations become more globalised and interconnected,” said SUTD’s President, Professor Thomas Magnanti.

“The ST Electronics-SUTD Cyber Security Lab will fill a gap in the current cyber security research arena and it will not only benefit society with the development of new products and services but also provide a pool of local cyber security professionals who can help make Singapore a safer, more resilient place for everyone,” he added.

Speaking at the signing ceremony between SUTD and ST Electronics, Minister for Communications and Information, Dr Yaacob Ibrahim, noted how recent cyber-attacks around the world have compromised businesses and individuals. As a result, research and development into cybersecurity was critical in light of Singapore’s Smart Nation initiative.

“As we become more reliant on ICT, we also become more vulnerable to cyber threats… It is vital for Singapore that our local companies strengthen their own engineering capabilities. This will build up a pool of industry-ready manpower, and support our long-term national cybersecurity needs,” Dr Yaacob said.

This is the fourth partnership with a Singapore company as part of the Corporate [email protected] scheme. The cyber-security laboratory is the seventh joint corporate laboratory supported by the NRF Singapore under the scheme.

Source: http://www.todayonline.com/singapore/s443m-cyber-security-lab-be-set