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Tech news in less than 5 minutes – October 2021

Nurdianah Md Nur
Nurdianah Md Nur • 4 min read
Tech news in less than 5 minutes – October 2021
Bite-sized news on acquiring talent, tech support scam, podcasts to listen to and simplifying app development.
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WHAT’S BUZZING

DBS to hire 150 IT talents in Singapore through a virtual hackathon

DBS Bank plans to hire around 150 technology talents in Singapore through its Hack2Hire virtual hackathon this month.

Open to both fresh graduates and experienced professionals, DBS Hack2Hire will bring together like-minded technologists and assess their technical and problem-solving capabilities on Oct 23. Successful candidates will be invited to an online interview the following day.

Through the hackathon, the bank aims to fill positions across 14 developer and engineering roles as it scales the use of emerging technologies like artificial intelligence (AI) and blockchain.

“Leveraging those technologies [help us to] deliver intelligent, intuitive, invisible banking services… that make banking joyful for our customers,” says Soh Siew Choo, group head of big data/AI and consumer banking technology at DBS.

DBS is already using AI and blockchain in some of its solutions to address its customers’ diverse needs ranging from financial planning, wealth management, asset digitalisation, and sustainability. Last year, it launched a blockchain-based digital asset ecosystem to offer corporate clients and accredited investors an integrated suite of solutions across the digital asset value chain.

Those interested to apply for DBS Hack2Hire can register and complete the online technical challenge at https://www.dbs.com/hack2hire/sg/index.html before Oct 17.

Tech support scam encounters on the rise in Singapore: Microsoft

Sixty-two percent of Singaporeans encountered tech support scams in the past 12 months, up from 58% in 2018, according to Microsoft’s 2021 Global Tech Support Scam Research report.

However, the majority thought it was very or somewhat unlikely that a company would contact them via an unsolicited call, pop-up, text message, ad or email. As such, only 14% reported continuing to interact with a scammer, and just 5% of them lost money from those scams.


See: Singapore team wins Accenture’s first globally-linked hackathon

Of those who continued with the tech support scam, 62% spent time checking or repairing their computers following the incident. This is crucial as some scammers are known to install malware on computers, allowing them to maintain remote access to people’s computers long after the victims believed the interaction was terminated.

“Tactics used by fraudsters to victimise users online have evolved over time, from pure cold calling to more sophisticated ploys such as fake “pop-ups” displayed on people’s computers. We will continue to investigate these scams and report the scammers to law enforcement,” says Mary Jo Schrade, assistant general counsel, regional lead, Microsoft digital crimes unit Asia.

Richard Koh, chief technology officer, Microsoft Singapore, adds: “Consumers in Singapore can protect themselves by learning how these scammers target people, being suspicious of any unsolicited contact from purported tech company employees, and avoiding letting people they do not know to remotely access their computers.”

DIGITAL LIFE

Check out these podcasts if you are looking to sharpen your knowledge on what it takes to lead and work effectively in the new normal:

Glean leadership insights into key topics like managing burnout and lessons in diversity and culture in the workplace through HBR IdeaCast.

Get tips on creating business strategies that can meet current needs while catering to future demands from Inside the Strategy Room

WorkLife will help you discover the keys to better work life. From learning how to love your rivals to harnessing the power of frustration, you’ll never see your job the same way again.

IN PICTURE

Photo: Builder.ai

Software development platform Builder.ai has launched a beta of Natasha, an AI-powered software product manager that enables businesses to build customised apps easily and quickly.

With Natasha, software development is no longer a long-drawn consultancy operation but a smooth, predictable, consistent and replicable process.

She will show up in two areas of the Builder Studio: through a chat experience for customers and as an agent listening to customer conversations. She will automatically tag features and ask questions to the customer-facing teams via chat to ensure that every conversation is powered by the collective insight of all conversations.

She can also manage projects in real-time with transparency and consistency, compressing weeks of work into hours and minutes.

Main Photo: Unsplash

Highlights

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