Singapore cybersecurity companies pioneer AI and quantum computing solutions to combat global threat
The global cybersecurity
landscape is rapidly evolving, with the annual cost of cybercrime projected to
reach US$10.5 trillion by 2025, up from US$8 trillion in 20231. This sharp rise
underscores the urgent need to address cyber risks, as malicious actors continue
to exploit vulnerabilities across industries worldwide. In response, Singapore
is accelerating the development of cybersecurity innovations, not only to
protect its own infrastructure but also to address emerging risks globally.
Three homegrown companies,
cloudsineAI, Cyber Sierra and pQCee, are leading this effort with specialized
solutions to tackle some of the biggest threats today like GenAI-driven
attacks2 and quantum decryption risks. These challenges remain difficult for
traditional cybersecurity solutions to address. With 70 to 80 percent of
existing tools being one-size-fits-all3, critical gaps in protection remain,
leaving organizations vulnerable to increasingly sophisticated threats.
These Singapore-based innovators
are supported by the US$15 million CyberSG Talent, Innovation, and Growth
Collaboration Center, a joint initiative between the National University of
Singapore (NUS) and the Cyber Security Agency of Singapore (CSA). By targeting
high-impact, niche vulnerabilities, they help organizations worldwide stay
ahead of emerging threats while ensuring the safe use of new technologies.
"Singapore's CyberSG Talent,
Innovation and Growth Collaboration Center, in conjunction with our National
Cybersecurity R&D Program, aims to drive key innovations in the global
cybersecurity landscape. We support companies developing advanced digital
infrastructure protection, strengthening our nation's defenses while empowering
collaborative global efforts against a rising tide of cyberattacks, marked by a
30 percent increase in 2024," said Associate Professor Benjamin Tee, Vice
President (Ecosystem Building), NUS Enterprise.
cloudsineAI: Blocking malicious content in GenAI applications
As GenAI adoption rapidly
increases, so do the risks they pose, from prompt injection to sensitive data
leakage. According to the Big Four accounting firm Deloitte, it is expected
that GenAI could enable fraud losses to reach $40 billion in the US by 20274.
To address these emerging threats, cloudsineAI has launched a new GenAI
firewall, built specifically to protect mission-critical GenAI applications.
Unlike traditional firewalls that protect against standard network or web
application threats, this solution is powered by its unique ShieldPrompt™
multi-layered defense that actively scans both user inputs and AI-generated
outputs to prevent the injection and block harmful or sensitive content.
The GenAI firewall also
complements any AI guardrails to provide an updated threat vector database,
contextualized security controls and integration with other security tools such
as SIEMs. This innovation ensures that organizations can safely and securely
innovate with GenAI while mitigating advanced cyber threats.
Cyber Sierra: The AI platform
with agentic infrastructure for comprehensive compliance and protection
Cyber Sierra's AI platform and
agentic infrastructure enables complete protection and compliance. By
integrating Cyber Governance, Risk Management, and Compliance (GRC) as well as
Continuous Controls Monitoring (CCM), the architecture is built to meet the
evolving demands of security and compliance teams. By harnessing intelligent
automation and AI agents into human teams, Cyber Sierra is transforming how
organizations detect risks, accelerate response times, while maintaining
comprehensive compliance.
Cyber Sierra is also the first
cybersecurity company in Southeast Asia to be recognized as a Sample Vendor in
two key categories, Cyber GRC and CCM, in the Gartner® Hype Cycle for Cyber
Risk Management 2024.
pQCee: Futureproofing data against quantum threats
SafeQuard by pQCee is a
lightweight security tool that protects documents from the growing risks posed
by quantum computers. Hackers are already stealing encrypted data today, with
plans to decrypt it once powerful quantum computers become available. As this
technology advances, sensitive documents stored now could be compromised in the
future, making quantum-safe encryption a critical need today.
Fully compliant with security
standards set by the National Institute of Standards and Technology, SafeQuard
safeguards the long-term confidentiality of high-value documents, protecting
sensitive personal data and proprietary business information well into the
quantum future.
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