ISACA Singapore Chapter
“SheLeadsTech 3rd Anniversary Celebration” Digital Resilience - How can we maintain its balance? By Jane Lo Singapore Correspondent
T
he recent OCBC phishing incident in Singapore where spoofed SMSes incited victims to click on malicious links prompted a wave of concern. Questions arose over how victims fall for the scam and how organisations could have prevented such incidents. According to reports, victims lost about 80% of the $13.7 million during the year-end festive period from Dec 23 to Dec 30. The ensuing weeks saw a flurry of articles that informed readers on the tactics deployed by the attackers (using legitimate looking SMS headers, exploiting the fear of losing banking access - one of the emotional triggers in social engineering campaigns) and the ease of such deployment (such as availability of spoofing-as-a-service). Without a doubt, raising our awareness help to strengthen our defenses against such future attacks.
22 | Australian Cyber Security Magazine
In building such awareness to boost digital resiliency, communication is key, said Ms Rahayu Mahzam (Parliamentary Secretary, Ministry of Communications and Information and Ministry of Health), at the panel discussion organised by ISACA Singapore Chapter as part of the “SheLeadsTech 3rd Anniversary Celebration Conference”. Held on 4th March 2022 to celebrate International Women’s Day, the panel, “Digital resilience – how can we maintain its balance?” brought women leaders from the private sector (Mandana Javaheri - Microsoft Asia, Head of Security Solutions; Camellia Chan - Flexxon, CEO; Karen Toh Koh - E&Y Consulting, Partner), together with the government sector (Ms Rahayu Mahzam – Parliamentary Secretary, Ministry of Communications and Information and Ministry of Health).