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Singapore has proposed to launch a new bill on cyber security in a bid to set up a framework to reduce cyber risks of the country, the Straits Times reported on Tuesday.
According to the Cyber Security Bill, when a cyber attack occurs, Singapore’s Cyber Security Agency (CSA) will be empowered to carry out an investigation and the affected company or entity has to share related information with the CSA.
As the fruit of almost two years of work of the CSA, the bill aims to blur the line between cyber threats to the public sector and the private sector by plugging security gaps in critical information infrastructure (CII).
This includes those who used to run banking, telecom, transport, healthcare and energy essential services.
The proposed bill will also confer power on CSA’s chief as Commissioner of Cyber Security to investigate threats and incidents to ensure essential services are not disrupted in the event of a cyber attack.
For the first time, the Cyber Security Bill here spells out proactive measures which aim to minimise disruption to essential services when such attacks happen.
They include mandating CII owners to notify the commissioner if the CII suffers a cyber security attack.
The CSA’s National Cyber Incident Response Framework requires notification “within hours,” otherwise; a fine of up to 100,000 Singapore dollars (about 72,220 dollars) or a jail term of up to 10 years will be conducted.
The proposed bill is going through a public consultation which will ends on Aug. 3.
It will be introduced and debated in Parliament later in the year. (NAN)
