SME Featured Southeast Asia

DBS launches new complimentary cybersecurity training for 280,000 SMEs in SG

Singapore – Singapore’s consumer bank DBS has launched its new complimentary cybersecurity training programme to help protect 280,000 SMEs in Singapore against the growing threat of cybercrime.

The programme, ‘DBS #CyberWellness’, comprises 10 online modules, each covering a different facet of cybersecurity, such as password protection, phishing, digital scams, and physical security, as well as social media security. These modules can be accessed on the go digitally through an e-learning platform, with all 10 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.

Following the launch of the new initiative, DBS has also appointed telco StarHub as its new programme partner for DBS #CyberWellness. StarHub will be providing participating SMEs with a complimentary two-month trial of their hardware-free, plug-and-play cybersecurity solution called ‘Secure Access Service Edge (SASE) for SME’, which enables SMEs to gain a business-wide defence against cyber threats.

Joyce Tee, the group head of SME Banking at DBS, believes that they 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.

“We’re especially proud that DBS #CyberWellness was developed entirely in-house in partnership with our technology teams. This speaks to our commitment to come together as one Team DBS to help our SMEs, social enterprises, and even charities digitalise their operations safely,” said Tee

Meanwhile, Charlie Chan, StarHub’s chief of enterprise business group, shared that they are partnering with DBS to help SMEs and their employees stay safe online, and with the partnership, they have combined critical and free training with defensive tools that are easy to use. 

“There is no better time than now for SMEs to say ‘no’ to being an easy target, both for the business as well as their employees. We are in it for the long haul, to be a trusted partner for our customers in their digital and cybersecurity journey,” said Chan.

DBS said that the programme was first rolled out as a pilot to social enterprises and charities in Singapore and was subsequently expanded to include SMEs.