Singtel, in partnership with Enterprise Singapore (EnterpriseSG) and the Infocomm Media Development Authority (IMDA) has launched the Singtel Cyber Protect Programme, a strategic public-private collaboration to bolster the cyber resilience of Singapore's small and medium-sized enterprises (SMEs).
This programme is in support of the Digital Enterprise Blueprint introduced in May 2024. A study by the Cyber Security Agency of Singapore published in 2023 found that over 40% of companies surveyed suffered cyber security incidents multiple times a year, with 5% experiencing attacks several times daily. This has caused business disruption, data loss or reputational harm.
Alarmingly, many firms still fall short of implementing essential security measures, adopting only around 70% of the recommended controls. SMEs are a frequent target, with three in five ransomware attacks in Singapore estimated to target them.
The Singtel Cyber Protect Programme has been developed to uplift SMEs, empowering them to identify cyber risks, adopt stronger cyber hygiene practices, and enhance their overall security posture to better prevent cyberattacks.
It also aims to reinforce Singapore’s overall digital competitiveness and economic resilience by helping SMEs innovate, scale faster and securely, as well as upskill their workforce.
This is a two-year programme, under which 49,000 SMEs will receive 12 months of complimentary Mobile Protect and Broadband Security, providing network-level protection for mobile devices and broadband connectivity with personalised threat reports.
The programme comprises practical cybersecurity workshops to help SMEs defend against sophisticated threats. Singtel, EnterpriseSG and IMDA will fully subsidise the first year, with Singtel offering up to 50% discounts for second-year renewals.
Singtel Singapore CEO Mr Ng Tian Chong said, “Cyber threats are growing in scale and sophistication, and SMEs continue to be among the most vulnerable group – often targeted because they lack the resources and defences of larger organisations. Together with EnterpriseSG and IMDA, we’re empowering SMEs with affordable solutions and educational resources so they can pursue opportunities in the digital economy with confidence.”
Enterprise Singapore assistant MD Mr Geoffrey Yeo said, "SMEs are the backbone of Singapore's economy, representing the majority of our local enterprises. However, their smaller scale often means that they face resource constraints in critical areas such as building robust cybersecurity defences. Through this partnership, we will provide SMEs with foundational cyber security protection against online threats, helping them grow and compete effectively in an increasingly digital economy."
IMDA assistant CE Mr Johnson Poh said, “For SMEs, cyber security is not an option but a necessity. It enables them to fully leverage digital technologies safely and securely when growing their businesses and exploring new opportunities. This partnership between public and private sectors helps ensure our SMEs are ready to compete and thrive in the digital economy.”