From: Today
SINGAPORE — A landmark Bill to fortify Singapore’s essential services against cyber attacks was passed into law on Monday (Feb 5), but not before Members of Parliament (MPs) raised some concerns. These included compliance costs for businesses that could be passed on to consumers, and whether the measures would infringe on personal data.
Under the Cybersecurity Bill, owners of critical information infrastructure in 11 key sectors which provide essential services must report cyber-security incidents and provide information to the Commissioner of Cybersecurity. This is so that the authorities may assess the impact or potential effects of an incident, and prevent other incidents from happening, for instance.
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