On Soul of Business, ransomware has skyrocketed in Singapore by 154% in 2020 compared to 2019.  Hackers know that if they can exploit an organisation’s backups, businesses will have no choice but to pay the ransom. Melissa Hyak speaks to Calvin Hoon, Sales Vice President of Rubrik Asia to look at how businesses can cope with the increase in ransomware attacks.

On Soul of Business, ransomware has skyrocketed in Singapore by 154% in 2020 compared to 2019. &nbsp;Hackers know that if they can exploit an organisation&rsquo;s backups, businesses will have no choice but to pay the ransom. Melissa Hyak speaks to Calvin Hoon, Sales Vice President of Rubrik Asia to look at how businesses can cope with the increase in ransomware attacks.

Stay in the know with programs such as Viewpoint and Industry Insights in property, cryptocurrency, aviation, and shipping. 

We delve into the latest news, current events, and market updates to provide you with valuable insights into making informed financial decisions.

Stay in the know with programs such as Viewpoint and Industry Insights in property, cryptocurrency, aviation, and shipping. We delve into the latest news, current events, and market updates to provide you with valuable insights into making informed financial decisions.

The Afternoon Update with Lynlee Foo

The Afternoon Update with Lynlee Foo (1pm – 4pm)

Soul of Business: How businesses can cope with the increase in ransomware attacks?

According to business intelligence platform Statista, blockchain technology is forecast to increase to nearly 1,000 trillion U.S. dollars by 2032. Blockchain is at the heart of cryptocurrency, and with rising acceptance and adoption of cryptocurrencies, and growing interest in decentralised finance (DeFi) platforms, the cryptocurrency market in Singapore is anticipated to grow rapidly in the next few years. What will it take for Singapore to be a Web3 hub in this region? What are the security challenges businesses should be aware of?

Gu Ronghui, Associate Professor of Computer Science at Columbia University is one of two founders of CertiK, an industry-leading Web3 security firm headquartered in New York. CertiK says alongside its auditing work, it has reported over 4,000 security incidents in the Web3 community, and discovered more than 115,000 code vulnerabilities, safeguarding over $360 billion in digital assets.

Prof Gu, a pioneer in blockchain security, shares invaluable insights into the Web3 space including the challenges and opportunities, and Singapore's role in Web3 development.

According to business intelligence platform Statista, blockchain technology is forecast to increase to nearly 1,000 trillion U.S. dollars by 2032. Blockchain is at the heart of cryptocurrency, and with rising acceptance and adoption of cryptocurrencies, and growing interest in decentralised finance (DeFi) platforms, the cryptocurrency market in Singapore is anticipated to grow rapidly in the next few years. What will it take for Singapore to be a Web3 hub in this region? What are the security challenges businesses should be aware of?
Gu Ronghui, Associate Professor of Computer Science at Columbia University is one of two founders of CertiK, an industry-leading Web3 security firm headquartered in New York. CertiK says alongside its auditing work, it has reported over 4,000 security incidents in the Web3 community, and discovered more than 115,000 code vulnerabilities, safeguarding over $360 billion in digital assets.
Prof Gu, a pioneer in blockchain security, shares invaluable insights into the Web3 space including the challenges and opportunities, and Singapore's role in Web3 development.

Industry Insight: What will it take for Singapore to be a regional Web3 hub?

Have you heard of a condominium hotel or condotel?

As the name may imply, it is a condominium that operates as a hotel, which you could own because units within the hotel are individually owned and managed for you.

Hannah Yulo Luccini, CEO of Hotel101 Global, tells us a bit more about how such projects work and how it is different from traditional time-shares with their Condotel project in Niseko, Japan. 

Have you heard of a condominium hotel or condotel?
As the name may imply, it is a condominium that operates as a hotel, which you could own because units within the hotel are individually owned and managed for you.
Hannah Yulo Luccini, CEO of Hotel101 Global, tells us a bit more about how such projects work and how it is different from traditional time-shares with their Condotel project in Niseko, Japan.

Industry Insight: Can you own a Niseko hotel unit and use it without having to manage it?

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Digital health innovations are playing a more pivotal role in disease management and treatments. From electronic health record integration to wearable devices and mobile applications, advancements in digital technologies are offering more opportunities to improve health outcomes. 

On World Diabetes Day (14 Nov), Industry Insight takes a look into the healthcare technology industry and discuss trends specific to diabetes management with Dr. Kenneth Lee, Regional Medical Director, Abbott Diabetes Care, Abbott.

Digital health innovations are playing a more pivotal role in disease management and treatments. From electronic health record integration to wearable devices and mobile applications, advancements in digital technologies are offering more opportunities to improve health outcomes. 
On World Diabetes Day (14 Nov), Industry Insight takes a look into the healthcare technology industry and discuss trends specific to diabetes management with Dr. Kenneth Lee, Regional Medical Director, Abbott Diabetes Care, Abbott.

Soul of Business: How businesses can cope with the increase in ransomware attacks?

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