Daily Briefing: Singapore’s web cut-off balances security; MAS sets up FinTech lab

And here’s the deal on tech disruption in Singapore.

Singapore is working on how to implement a policy to cut off web access for public servants as a defence against potential cyber attack - a move closely watched by critics who say it marks a retreat for a technologically advanced city-state that has trademarked the term "smart nation". Read more here.

The Monetary Authority of Singapore (MAS) has officially launched its FinTech Innovation Lab today; located within the MAS building. The fintech incubator is christened the “Looking Glass@MAS” after the famous Lewis Caroll book “Through the Looking Glass and What Alice Found in There.” Find out more here.

Disruption was a strong focus of Prime Minister Lee Hsien Loong’s National Day Rally speech for 2016, his first since SG50. Sorry to disappoint, but PM Lee had not been talking about the SMRT disruptions. But rather, the disruptive innovators upsetting the traditional Singapore markets with a new service or product. Read more here.

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