India and the Singapore government signed a memorandum of understanding to establish formal co-operation in cybersecurity between the Singapore CERT and the CERT-In to build effective an incident prevention and response mechanism and an information sharing platform to tackle cybersecurity challenges.
Security practitioners commend the initiative, saying the co-operation will help combat trans-border cybercrime and effectively address the threat landscape.
“The key advantage is in sharing of intelligence to combat current and future trans-border cybercrime and help in forging more alliances with other nations,” says Singapore-based John Lim, president, ISACA-Singapore chapter.
Chuan-Wei Hoo, technical advisor, Asia-Pacific, (ISC)2, argues that in today’s changing threat landscape, it is difficult to fight the cyber battle alone, as the possibility of the black swan mindset is high. “It is important to create visibility in terms of security planning, and this is only possible through information sharing between nations.”
SOURCE: DATA BREACH TODAY
ORIGINAL ARTICLE: http://www.databreachtoday.in/india-singapore-agree-on-information-sharing-a-8709