The Cyber Security Agency (CSA) of Singapore and the Australian Government have agreed to a two-year memorandum of understanding (MoU), which will see both countries conducting regular information exchanges on any cyber threats and joint cyber security exercises, focusing on protecting critical information infrastructure.
Australian Prime Minister Malcolm Turnbull and Singapore Prime Minister Lee Hsien Loong witnessed the MoU signing during the second Singapore-Australia Leaders’ Summit.
The Australian partnership is the sixth of its kind for Singapore, which has signed similar agreements with France, India, the Netherlands, Britain and the United States.
Commenting through its cyber security strategy report, the CSA said: “With countries increasingly connected to one another through trade, global logistics and financial markets, cyber attacks disrupting one country can and do have serious spill-over effects on other countries. International collaboration in cyber security is thus pivotal to our collective security.”
The United Nations’ 2015 Global Cybersecurity Index ranked Australia and Malaysia third in their readiness to deal with cyber security issues, while Singapore came in sixth. Rankings were based on international cooperation, technical ability and measures, legal measures, capacity building and organisational measures.