Reed Smith Client Alerts

Key takeaways

  • The Cyber Security Agency of Singapore published an updated standard to enhance mobile app security and safeguard high-risk transactions and user data.
  • App developers and owners in Singapore are encouraged to adopt SAS 2.0 to fortify apps against common attacks and instil greater confidence in app transactions.

Authors: Bryan Tan Hannah Kong Eng Han Goh (Resource Law LLC)

Introduction

The Cyber Security Agency of Singapore (CSA) recently unveiled version 2.0 of its Safe App Standard (SAS), marking a significant step forward in mobile application security for developers and tech businesses. This update is particularly relevant for high-risk apps, such as those handling financial transactions, where security lapses could result in considerable financial losses.

Mobile apps are widely used in Singapore for various purposes, such as banking, e-commerce and government services. However, they also pose significant security risks, as they handle sensitive data and perform high-risk transactions that could result in financial losses or data breaches. To address these risks, CSA published the first version of the SAS in January 2024.