The Singapore government said its
online identifications issued to residents to access services
including personal income tax filings and pension savings
statements may have been tampered with.
The investigations showed 1,560 SingPass accounts may have
been breached with their passwords accessed without the users’
permission, the Infocomm Development Authority of Singapore said
yesterday in an e-mailed statement. A total of 419 of the
accounts triggered password reset notification letters to be
sent to the account holders, it said.
The authority was notified by the SingPass operator three
days ago, and a police report was filed on June 3, it said. The
security breach may affect Singapore’s reputation as an Asian
financial center. The city is the region’s largest wealth
management center with about $800 billion in offshore assets,
according to Boston Consulting Group.
“The Singapore government takes cyber security very
seriously,” the authority said. “The protection of personal
data and the delivery of secure e-services are critical. We will
continue to strengthen all government e-services as part of on-going efforts to enhance security.”
IT Spending
Checks by the infocomm authority showed no evidence that
the SingPass system was compromised, it said. CrimsonLogic Pte
manages SingPass operations, including the system, website and
customer services, SingPass said on its website. Other SingPass
services include corporate searches and registering new
companies, the website showed.
Robert Half International Inc. said yesterday 60 percent of
banks and financial institutions in Singapore are increasing
their spending on information technology security in 2014
compared with last year. That’s a higher proportion than markets
including Australia, Hong Kong, Japan, the United Arab Emirates
and the U.K., the other countries where the recruiter conducted
the same survey.
The infringement comes about six months after Standard
Chartered Plc (STAN) said wealthy clients’ confidential information was
stolen in Singapore from a printing company. The London-based
lender said in December it hadn’t found any unauthorized
transactions since the theft from Fuji Xerox Co., which was
hired to print statements for the 647 clients.
In November, Singapore authorities investigated a breach of
Prime Minister Lee Hsien Loong’s website, one day after he said
he would track down a group that announced plans to hack
government online portals.
To contact the reporter on this story:
Sanat Vallikappen in Singapore at
vallikappen@bloomberg.net
To contact the editors responsible for this story:
Chitra Somayaji at
csomayaji@bloomberg.net
Linus Chua, Tomoko Yamazaki
Singapore Says 1560 Online Identification Accounts Breached
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