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Singapore tops up 5G fund to drive product commercialisation

ZDNet

Singapore is setting aside another SG$30 million ($22.57 The government grant aims to facilitate efforts to commercialise service offerings and offer financial help to more local companies, including small and midsize businesses (SMBs). The latest fund injection is part of the Infocomm Media Development Authority's (IMDA) 5G Innovation Programme and earmarked to support development efforts that "address sector challenges or enterprise level needs", the industry regulator said in a statement Wednesday. Industry regulator Infocomm Media Development Authority has set aside S$40 million (US$29.53 million) to support research and development efforts and drive adoption of 5G, which include initiatives focused on key verticals such as urban mobility and maritime. Under the 5G government grant, applicants must indicate a "significant value and impact" to businesses and the local industry as well as include operationalisation and commercialisation plans of the 5G products.


Think you can spot a deepfake? Survey proves that even the best get fooled.

#artificialintelligence

A Nanyang Technological University, Singapore (NTU Singapore) survey of 1,231 Singaporeans has found that deepfakes are easily fooling people into thinking fake news is actually real. What's more worrying is that these AI-powered tools are also deceiving those who claim to be aware of deepfakes in the first place. The term itself is a combination of'deep learning' and'fake'. Utilizing the frightening power of artificial intelligence, deepfakes come in the form of videos that depict people doing or saying things they've never even done before. The artificial intelligence software used in making deepfakes can also change the pitch of people's voices, making them sound super-realistic and convincing.


Artificial Intelligence seen as key technology game-changer but implementation challenges remain, finds Frost & Sullivan

#artificialintelligence

Never have we reached a stage of digital evolution where the focus on technology is at its sharpest. It is no longer just about technology disrupting the marketplace or digital transformation providing better products and services to customers. Instead, it is about the digital revolution and how we can exploit digital assets to ensure the long-term sustainability of our business as it evolves with these technologies. As the impact of AI, 5G, Autonomous X, cognitive devices, and the virtualization of things advances across all sectors, businesses are at a crucial turning point on how to optimize the returns from their existing resources while embracing new business models to create greater value for customers. Frost & Sullivan presented its annual Asia-Pacific ICT Outlook in Singapore on 14 January. Attended by over 60 senior management and C-suite executives, the event marks the start of an exciting year ahead for the industry.


A Comprehensive Guide to Metis Data Science Bootcamp

#artificialintelligence

I have recently graduated from the Metis Data Science Bootcamp (Singapore, Batch 5), and enrolling in the Bootcamp might have been one of the best decisions that I have ever made in my life. Out of the mandatory 5 projects that I have completed, all have been published on Towards Data Science (TDS), and 2 have been featured on its social media. Most importantly, however, I managed to land myself two job offers as Data Scientist even before the Bootcamp concluded. Therefore, I wish to share with aspiring data scientists on the Bootcamp, the pros and cons of it, and how to leverage on it to derive the maximum benefits. In summary, Metis Data Science Bootcamp is an accredited 12-weeks project-based and immersive apprenticeship in full-stack data science.


LidarPhone attack converts smart vacuums into microphones

ZDNet

A team of academics has detailed this week novel research that converted a smart vacuum cleaner into a microphone capable of recording nearby conversations. Named LidarPhone, the technique works by taking the vacuum's built-in LiDAR laser-based navigational component and converting it into a laser microphone. Laser microphones are well-known surveillance tools that were used during the Cold War to record conversations from afar. Intelligence agents pointed lasers at far-away windows to monitor how glass vibrated and decoded the vibrations to decipher conversations taking place inside rooms. Academics from the University of Maryland and the National University of Singapore took this same simple concept but applied it to a Xiaomi Roborock vacuum cleaning robot.


Survey: 53% of young cybersecurity professionals fear replacement by automation

#artificialintelligence

Although the image of the tech-confused Boomer is a deeply-rooted stereotype, TechRepublic has reported that this is, in fact, a myth: In actuality, a Dropbox survey found that "people over age 55 are actually less likely than their younger colleagues to find using tech in the workplace stressful." A new report from security advisors Exabeam--2020 Cybersecurity Professionals Salary, Skills and Stress Survey--emphasizes these findings, as well. The research shows that although a whopping 88% of cybersecurity professionals embrace new technology, confident that automation will help them in their roles, it is the younger generation that is skeptical: 53% of respondents under the age of 45 "agreed or strongly agreed that AI and ML are a threat to their job security," according to the report. The findings, part of an annual survey, looked at attitudes regarding salary, training, innovation, and emerging technologies like artificial intelligence (AI) and machine learning (ML), among 350 cybersecurity professionals worldwide, hailing from the US, Germany, Singapore, Australia, and the UK. Overall, the results were positive, and the findings show that cybersecurity professionals continue to be satisfied in their jobs.


Safer Cyberspace Masterplan 2020 launched, enhancing the nation's digital safeguards: DPM Heng

#artificialintelligence

SINGAPORE - Businesses in Singapore are set to benefit from free health screenings to spot weaknesses in their Web domain, e-mail system and connectivity. This freely provided diagnostic is part of the newly unveiled Safer Cyberspace Masterplan 2020 that aims to protect Singapore's digital sphere. The national plan also outlines the use of artificial intelligence (AI) to sniff out security threats in key infrastructure, including broadband and 5G networks, and consumer devices such as webcams and Wi-Fi routers. Coordinated by the Cyber Security Agency (CSA) of Singapore, the masterplan is central to Singapore's plans to lead in AI and smart nation deployments globally, and comes amid rapid digitalisation in recent months. "The pandemic accelerated the pace of change... Telecommuting, video calls, e-learning, online shopping, and digital payment surged," said Deputy Prime Minister Heng Swee Keat in unveiling the masterplan on Tuesday (Oct 6).


Singapore in world first for facial verification

#artificialintelligence

Singapore will be the first country in the world to use facial verification in its national identity scheme. The biometric check will give Singaporeans secure access to both private and government services. The government's technology agency says it will be "fundamental" to the country's digital economy. It has been trialled with a bank and is now being rolled out nationwide. It not only identifies a person but ensures they are genuinely present.


Singapore urges need for international organisations to 'reform' in digital age

ZDNet

Singapore has called on global organisations such as the United Nations (UN) and World Trade Organisation (WTO) to reform, so international rules are in line with cybersecurity and other key digital developments. The Asian nation also underscores the need for unified cooperation against COVID-19, which it notes has accelerated "self-defeating" sentiments worldwide including protectionism and xenophobia. Continued international cooperation was key to overcoming the impact of the pandemic as well as to rebuilding, and nations needed to build greater trust and learn from each other, said Singapore's Minister for Foreign Affairs Vivian Balakrishnan, in the country's national statement at the UN General Assembly's General Debate of the 75th session held Saturday. Delivered via video message, Balakrishnan said in his speech: "The world is facing a period of prolonged turmoil. The multilateral system is confronted by nationalism, xenophobia, the rejection of free trade and global economic integration, and the bifurcation of technology and supply chains. Caught by the sudden onslaught of COVID-19, most businesses lacked or had inadequate security systems in place to support remote work and now have to deal with a new reality that includes a much wider attack surface and less secured user devices. "But, these threats are not new.


Artificial Intelligence Could be a Silver Bullet for Tax Systems

#artificialintelligence

Court documents released in August revealed that Swiss tax officials are investigating art dealer and freeport magnate Yves Bouvier for allegedly concealing CHF 330 million in profits. The Swiss authorities believe that Bouvier used a fictitious residence in Singapore to evade taxes in his home country, and confiscated one of Bouvier's properties, reportedly worth CHF 4.5 million, as a pledge while they continue investigating his finances. The investigation, however, was nearly derailed in its early stages due to a single vulnerable tax official. An escort girl known only as Sarah has testified that in September 2017, Yves Bouvier sent her to a conference to seduce a key official with Switzerland's Federal Tax Administration. Sarah's honeypot adventure took place mere months after Swiss tax officials had begun looking into Bouvier's finances.