Singapore invites public feedback on cybersecurity proposal

It will conduct a public consultation exercise until August 3.

The Ministry of Communications and Information (MCI) and the Cyber Security Agency of Singapore (CSA) invite the public to provide feedback on the proposed Cybersecurity Bill.

The proposed Cybersecurity Bill will establish a framework for the oversight and maintenance of national cybersecurity in Singapore, and will empower CSA to carry out its functions. The Bill also aims to minimise the risks of cyber threats, and ensure that we can better deal with cyber attacks.

The objective of the Bill is to provide a framework for the regulation of CII owners (CIIOs) as well as provide CSA with powers to manage and respond to cybersecurity threats and incidents.

Here's more from MCI and CSA:

To establish a framework for the sharing of cybersecurity information with and by CSA officers, and the protection of such information. Information sharing is key to cybersecurity. Under the Cybersecurity Bill, CSA officers will be able to receive and share information with relevant parties, for the purpose of preventing, detecting, countering or investigating any cybersecurity threat or incident.

To introduce a lighter-touch licensing framework for the regulation of selected cybersecurity service providers. For a start, the Bill proposes licensing the provision of penetration testing and managed security operations centre (SOC) services. The need for credible cybersecurity services will grow as cybersecurity risks become more mainstream. The proposed licensing framework aims to help provide greater assurance of safety and security to consumers of cybersecurity services, address information asymmetry in the industry and provide for improving the standards of cybersecurity service providers and professionals.