What the Numbers Say

US$175 billion

Expected market size for the information security market by 2024, resulting from the rapid growth of global spending on information security products and services.



Worldwide market share of the Managed Security Services segment of the industry as of 2019, followed by Network Security, taking up 16.5%. 


Big Questions

  • Data breaches occur for a variety of reasons—they could be the result of human error, or intentional. Regardless of whether an incident is accidental or intentional, any breach of security must be taken seriously.

    Keeping confidential information secure provides confidence in how you manage information and meeting legal obligations gives companies a competitive advantage.

  • “Are there laws in Singapore that ensure data protection?”

    Internet users enjoy modern-day conveniences such as curated social media feeds and personalised music playlists made possible by Artificial intelligence (AI).But the ability of an AI system to conduct personal profiling could fundamentally change a user’s digital personality, says Associate Professor Warren Chik.

    Singapore is guarded by laws in data protection such as the Personal Data Protection Act (PDPA), the principal data protection legislation in Singapore that regulates personal data through the use of legislation; the Protection from Online Falsehoods and Manipulation Act (POFMA). Other general legislation that impacts data protection are the Computer Misuse Act 1993, Cybersecurity Act 2018 and the Spam Control Act 2007.


Data [sovereignty] by its nature transcends borders."

Data [sovereignty] by its nature transcends borders."

Henry Gao
Professor of Law

“If you don't operate within a box to begin with, then you don't have to unlearn to think outside of the box.

“If you don't operate within a box to begin with, then you don't have to unlearn to think outside of the box.

Elvin Lim
Professor of Political Science

Tomorrow, Today

Over to You

Here are six ways to ensure that Living Digital Transformation (LDT) in universities remain sustainable and more importantly, serve its true purpose of being useful to the end-users, according to Professor Mark Findlay.

LDT Driven by Digital Natives

Living digital transformation needs to be inclusive, mindful and adaptable and needs to include the entire ecosystem, while still being able to keep pace with new technology and ideas at the same time.

Create a safe digital space

Steps must also be taken to ensure that users [such as students and university staff] learn new online etiquette, such as policies to prevent cyberbullying and cyber harassment as well as personal data integrity and protection, to ensure the digital space remains safe.

Tame technology within the community

Humans have to be at the forefront and in control of the digital narrative and revolution for technology to be “tamed.”; seeing technology as part of specific communities with responsibilities, just like any other stakeholder that is mutual and respectful.

Enhance responsible data access

Prioritise the protection of data subjects, especially where personal data is accessed, collected, stored, utilised and repurposed.

Prepare for transiting work futures

Equip learners with the digital know-how and skill sets to prepare them for the future of this fourth industrial revolution. This is not just a social and digital responsibility, but an essential responsibility for LDT.

Tap into university resources

Draw from the Centre for AI & Data Governance (CAIDG) Ethics Hub to facilitate ethical digital transformation.