Enterprise tech roundup: September
Proofpoint survey finds 78% of Singapore directors view generative AI as a security risk
Proofpoint’s second annual Cybersecurity: The 2023 Board Perspective report, of which 659 board members across industries from 12 countries were interviewed, found that 78% of board directors in Singapore view generative AI as a security risk to their organisation, just behind Japan (79%) and ahead of Australia (71%).
Board members in Singapore also believe they are at greater risk of cyber-attacks in 2023 vs 2022, a 35% increase over last year and higher than the global average of 73%. This is despite ranking first in agreeing their organisation adequately invests in cybersecurity.
Singaporean board members top security concerns include malware (43%), ransomware (41%), insider threat (40%), and supply chain attacks (40%). They also have concerns about personal liability following a cybersecurity incident in their organisations.
Salesforce Report finds 87% of customers in Singapore say it’s important to know if they're communicating with AI or a human
A Salesforce report of 14,300 consumers and business buyers across 25 countries found that 87% of customers in Singapore say that it is important to know if they are communicating with AI or a human and 79% are concerned about companies using AI unethically.
In what could be a problem for brands in Singapore, 85% of customers in Singapore expect faster service and 78% expect better personalisation as technology advances, with 62% of consumers in Singapore switching brands at least once in the past year. The quest for better deals is the leading reason for switching brands but the demand for product quality follows closely behind.
Dell Technologies’ InnovateFesthaslocal tertiary students develop solutions for Persons with Intellectual Disabilities
InnovateFest by Dell Technologies saw 47 students from seven Institutes of Higher Learning (IHL) in Singapore challenged to develop innovative solutions to support the Persons with Intellectual Disability (PWIDs) community in Singapore. Team DAAAL.E from Singapore Polytechnic (SP) and Team Pathmakers from Singapore Institute of Technology (SIT) emerged as champions.
DAAAL.E proposed a mobile application called SportyBuddies, which incorporates Augmented Reality (AR) features to enable PWIDs to discover and explore new sports while fostering social connections. The app includes an algorithm that matches users with one another based on common sporting interests and similar profile demographics and invites them to chat and connect.
Meanwhile, Team Pathmakers from SIT created FoodFriend, a mobile application which enhances the hawker dining experience for PWIDs through user-friendly menus that were designed in collaboration with MINDS. It aims to provide PWIDs with personalised, step-by-step and visual guidance on how to navigate, order and pay for their meals in a hawker centre setting.
Each winning teams walked away with a cash prize of S$10,000 with runner’s-up teams and consolation prize recipients each receiving a cash prize of S$6,000 and S$1,000 respectively.
Singapore sees threefold increase in cyberattacks against SMBs
According to Kaspersky, small and medium businesses (SMBs) continue to be the target for cyber criminals in the city state with 453 unique attacks recorded in 1H2023, compared to 112 attacks in 1H2022.
Kaspersky noted that this uptick in attacks is expected to continue throughout the remainder of the year as SMBs as cybercriminals target SMBs with all types of threats — from malware disguised as business software to elaborate phishing and e-mail scams. Kaspersky experts recommends that SMBs continue to stay vigilant against cyber-attacks and to plan accordingly for the upcoming year. This is critical, because a single cyberattack can lead to catastrophic financial and reputational losses for a company.
Epson launches two business-class projectors with 4K resolution
Epson has launched two new 4K Enhancement Resolution (4KE) business projectors (EB-L770U and EB-L570U) for sale in Singapore. Epson says that they are designed to meet the varying needs of businesses, educational institutes, and other environments that demand bright yet intricate displays. So, with the 4KE technology, the projectors can deliver lifelike images on large surfaces such as walls, ceilings, and floors.
They are both available now and at the following prices (before GST):
EB-L570U Business Projector: S$5,550EB-L770U Business Projector: S$8,625