Reed Smith Client Alerts

On February 5, 2017, Singapore passed its Cybersecurity Bill in an effort to strengthen the protection of Critical Information Infrastructure (CII). The Bill, sponsored by the Cyber Security Agency of Singapore (CSA) and the Ministry of Communications and Information (MCI), provides a framework for the regulation of CII by, inter alia, formalizing the duties of CII owners, empowering the CSA to investigate cybersecurity threats and incidents, and establishing a lightweight licensing system for cybersecurity service providers. Given the significant amount of data, both business and personal, stored and processed in the country, the Bill has particular significance. From a compliance perspective, businesses likely to be deemed CII and businesses susceptible to cybersecurity attacks should carefully consider the reporting obligations under the Bill and reexamine their existing cybersecurity intrusion detection systems and incident response plans.

Authors: Xiaoyan Zhang Ariana Goodell

Singapore passes Cybersecurity Bill

On February 5, 2017 Singapore passed its Cybersecurity Bill in an effort to strengthen the protection of Critical Information Infrastructure (CII). The Bill, sponsored by the Cyber Security Agency of Singapore (CSA) and the Ministry of Communications and Information (MCI), provides a framework for the regulation of CII by, inter alia, formalizing the duties of CII owners, empowering the CSA to investigate cybersecurity threats and incidents, and establishing a lightweight licensing system for cybersecurity service providers.