DBS to empower SMEs through cybersecurity training

DBS will launch a complimentary cybersecurity training programme to help protect the 280,000-strong SME community in Singapore from the growing threat of cybercrime, a report by Finextra has revealed.

The programme, DBS #CyberWellness, comprises ten online modules, each covering a different facet of cybersecurity, such as password protection, phishing, digital scams, physical security, and social media security.

To make the training even more accessible for time-strapped employees, each module can be accessed on the go digitally through an e-learning platform, with all ten modules taking no more than 120 minutes to complete.

At the end of the programme, SMEs will be presented with recommendations for suitable cyber insurance and cybersecurity solutions. This enables SMEs to take immediate steps to protect their businesses from potential cyberattacks.

Joyce Tee, group Head of SME Banking at DBS, said that the potential disruption of lives and livelihoods in the event of coordinated cyberattacks on SMEs cannot be underestimated.

“SMEs tend to be more vulnerable to cyberthreats because they lack the time or resources of bigger companies. We believe we can make the biggest impact by equipping the employees of SMEs with foundational cybersecurity skills, which become ingrained everyday habits as they put their skills to practice.

“Most importantly, trained employees become the first line of cyber defence for SMEs and play a crucial role in averting downtime due to catastrophic cyberattacks.”

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