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Authors: Richard Watson, EY Global and Asia-Pacific Cybersecurity Consulting Leader & Chee Kong Wong, EY Asia-Pacific Risk Consulting Leader
- A host of forces – technology, competition, regulation, and globalization – are driving immense and rapid change to the business landscape.
- In response, regulatory bodies are elevating their compliance requirements, and businesses are exposed in new and challenging ways.
Business leaders have always faced uncertainty and change. But today’s global supply chains and communication channels are more interconnected than at any other time in human history. Our geopolitics, cross-border relationships, and competitive dynamics are more complex. And technological disruption is driving change at an astronomical pace.
Governments are tightening their regulations in response to a rapidly changing world. China’s trilogy of cybersecurity, data protection, and privacy laws – which came into full force in September 2021 – may have attracted the most headlines and induced the biggest headaches among chief information security officers. But Singapore’s Cybersecurity Act, in place since 2018, and proposed updates to…
