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DBS offers complimentary cybersecurity training for Singapore SMEs

Nurdianah Md Nur
Nurdianah Md Nur • 3 min read
DBS offers complimentary cybersecurity training for Singapore SMEs
SMEs will also be recommended suitable cyber insurance and cybersecurity solutions at the end of the programme.
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Small and medium-sized enterprises (SMEs) in Singapore can now take up a complimentary cybersecurity training programme by DBS to strengthen their cybersecurity posture.

The DBS #CyberWellness comprises 10 online modules covering different facets of cybersecurity such as password protection, phishing, digital scams, physical security, and social media security.

Each module can be accessed from anywhere at any time through an e-learning platform, making training more accessible for time-strapped employees. Completing all the modules will take no more than two hours.

At the end of the programme, SMEs will be presented with recommendations for suitable cyber insurance and cybersecurity solutions. This enables SMEs to take immediate steps to protect their businesses from potential cyberattacks as they digitalise. According to the Cyber Security Agency of Singapore (CSA), more than 16,000 cases of cyber crimes were reported in 2020, with SMEs accounting for almost 40% of those incidents.

To further help SMEs protect themselves from cyber threats, DBS is looking to partner government agencies, industry associations, and like-minded corporate partners to scale the programme.

One of those partners is StarHub, which will provide participating SMEs with a complimentary two-month trial of their hardware-free, plug-and-play cybersecurity solution called Secure Access Service Edge (SASE) for SME.

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“SMEs tend to be more vulnerable to cyberthreats because they lack the time or resources of bigger companies,” says Joyce Tee, group head of SME Banking at DBS.

She continues: “We believe we can make the biggest impact by equipping the employees of SMEs with foundational cybersecurity skills, which become ingrained everyday habits as they put their skills to practice. Most importantly, trained employees become the first line of cyber defence for SMEs and play a crucial role in averting downtime due to catastrophic cyberattacks.”

Charlie Chan, chief of Enterprise Business Group at StarHub, adds: “Joining hands with DBS, we have combined critical and free training with defensive tools that are easy to use. There is no better time than now for SMEs to say ‘no’ to being an easy target, both for the business as well as their employees. We are in it for the long haul, to be a trusted partner for our customers in their digital and cybersecurity journey.”

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DBS #CyberWellness was first rolled out as a pilot to social enterprises and charities in Singapore before it was expanded to include SMEs.

SMEs can register their interest to tap on the DBS #CyberWellness and partner offerings at https://go.dbs.com/cyberwellness.

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