More cybersecurity cooperation between Singapore, US in public, defence and financial sectors

SINGAPORE: The The states and Singapore have signed three Memorandums of Agreement (MOUs) to expand cooperation on cybersecurity, Singapore's Prime Government minister Lee Hsien Loong appear on Monday (Aug 23).

The MOUs encompass cybersecurity in the public, defense force and financial sectors.

They come every bit United states of america Vice President Kamala Harris is on a three-day official visit to Singapore, where she is looking to deepen bilateral cooperation in multiple areas including defence and cybersecurity.

The get-go MOU was signed by Cyber Security Agency of Singapore (CSA) main executive David Koh and director of the US' Cybersecurity and Infrastructure Security Agency (CISA) Jen Easterly. It builds on a similar MOU signed in 2016.

This MOU will establish cooperation in areas like regular exchange of data on cyber threats, coordination of response to cybersecurity incidents, and joint cybersecurity training and exercises, CSA said in a statement on Monday.

Information technology likewise covers common guidance on prevailing cybersecurity trends and best practices, joint cooperation in capacity building activities every bit well equally raising cybersecurity sensation among respective constituents.

Mr Koh said Singapore and the U.s.a. share "deep common interests" in improving cybersecurity cooperation, especially as cybersecurity has become a "primal enabler" for both countries to apply the benefits of digitalisation to grow their economies and improve lives.

Ms Easterly said the borderless nature of cyber threats makes international collaboration a "key function" of the current United states of america administration'south arroyo to cybersecurity.

"The MOU allows u.s. to strengthen our existing partnership with Singapore so that we can more than finer work together to collectively defend confronting the threats of today and secure against the risks of tomorrow," she said.

CSA said the MOU will expand into new areas of cooperation, similar critical technologies every bit well as research and development.

CYBERSECURITY IN DEFENCE AND Fiscal DOMAINS

Separately, Singapore'south Ministry of Defence (MINDEF) and the US' Department of Defence force also signed an MOU on cyberspace cooperation, aimed at institutionalising cyber cooperation between both defence force establishments.

Signed on Aug 20, the MOU will amend cooperation in data sharing, ops-to-ops and technical exchanges, besides equally collaboration in regional capacity building efforts.

"Such cooperation and engagements are professionally valuable, and help to build mutual agreement, and facilitate info-sharing and collaboration between trusted partners in capacity-building efforts,"MINDEF said in a statement on Monday.

The Memorandum of Understanding apropos cooperation in cyberspace was signed by Chief of Defence Force Lieutenant-General Melvyn Ong, Commander of the United States Indo-Pacific Command Admiral John Aquilino and Commander of the US Cyber Command Full general Paul Nakasone. (Photo: MINDEF)

A third MOU on cybersecurity cooperation was signed betwixt Singapore's Monetary Authority of Singapore (MAS) and the Us' Department of the Treasury, aimed at maintaining and strengthening bilateral institutional ties.

The MOU, which was signed on Aug 11, volition cover information sharing related to the financial sector. This includes cybersecurity regulations and guidance, cybersecurity incidents, and cybersecurity threat intelligence.

There will also be staff grooming and report visits, as well as competency-building activities including the acquit of cross-border cybersecurity exercises, MAS said in a statement on Monday.

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Source: https://cnalifestyle.channelnewsasia.com/singapore/singapore-us-mou-cybersecurity-cooperation-public-defence-finance-279371

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