Daily briefing: SG eyes becoming an e-commerce hub; MSO vendor reports “cyber incident”

And former Envy Global official face new charges in $1b investment case

From CNBC

The Singapore government plans to be an e-commerce hub as the digital economy in Asia continues to grow.

The pandemic has driven consumers to shop more online leading to a significant growth in the Southeast Asian region. In light of this, the government has partnered with Google to provide trainings in digital career.

Read more here.

From CNA

A Municipal Services Office (MSO) vendor has reported experiencing a “cyber incident” that led to data related to push notifications for MSO’s One Service application to be deleted.

According to the MSO, the app system and the users were not affected. It also assured that there was no personal identifiable information stored in the databases that were compromised.

Read more here.

From CNA

The former managing director of Envy Global Trading Ng Yu Zhi is facing 12 new charges, in relation to the $1b nickel investment scheme.

Ng allegedly misappropriated some $201.2m from the Envy Global Trading’s DBS bank account between August 2020 and February 2021.

Read more here.

Follow the links for more news on

Envy Global Trading

e-commerce

digital

digital economy

cyber attacks

cyber threats

cybersecurity

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