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Thursday, 27 October 2016

RSA and Temasek Polytechnic see continued success with cybersecurity training programme

Source: RSA infographic. RSA and Temasek Polytechnic collaborated on building a real-time environment to train more cybersecurity professionals.

RSA and Temasek Polytechnic's TP-RSA Security Operations Center (SOC) has marked its first anniversary. The SOC has hosted 200 students benefiting from joint certifications in security as well as training in areas such as malware analysis, threat intelligence, SOC consultancy and security management. Under the terms of the partnership RSA is imparting knowledge and best practices on developing and managing an intelligence-driven SOC operations to staff and students.

The SOC is part of an IT Security & Forensics Hub launched in July 2015 and went live in October 2015. The training provided has proved interesting for students, with a 2016 survey for the graduating cohort finding that 82% were keen to further their studies.

Cybersecurity training addresses a projected shortfall of 30,000 IT specialists by 2017*. This despite a more challenging security landscape:
  • Rise in e-commerce fraud which rose 30.5% to 2,173 cases in 2015, compared to 1,665 cases in 2014**.
  • Business disruption as over the past two years, more than 22% percent of organisations have experienced some form of economic crime, says RSA.
According to RSA, the five most pervasive economic crimes in Singapore are asset misappropriation (61%), cybercrime (43%), procurement fraud (35%), money laundering (26%) and bribery and corruption (17%).

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