SINGAPORE - Deputy Prime Minister Teo Chee Hean on Wednesday announced $42 million in funding grants over the next two to five years, for various cyber security projects.
The money will be given to seven projects to carry out research in areas including mobile security, digital forensics and cloud data security. The projects were chosen by the National Research Foundation (NRF) from more than 20 proposals submitted by various institutes.
"These projects seek to strengthen the resilience of Singapore's cyber infrastructure and help us stay ahead of cyber threats," said DPM Teo, who is also Coordinating Minister for National Security and Minister for Home Affairs.
He was at the opening of the 12th National Security Seminar at Hilton Hotel in Orchard.
The funding, given under the NRF's national cyber security research and development programme, will help to incorporate security considerations into the design of various systems, and thus better guard against attacks.
This is one of three strategies DPM Teo suggested to prepare for "new and evolving" national security threats.
The other two ways are to anticipate possible threats, such as by upgrading the Cyber-Watch Centre's capabilities by January to track unauthorised changes to websites, and to work together with various partners, whether local and international.