Singapore is ramping up efforts to train cybersecurity professionals and students to safeguard its energy grids and water supplies, driven by increasing cybersecurity threats. Announced at the Operational Technology Cybersecurity Expert Panel Forum on August 20, 2024, the updated Operational Technology (OT) Cybersecurity Masterplan marks its first refresh since 2019.

According to IRAS, company is required to maintain accurate financial records and securely store all related documents, including source documents, accounting records, schedules, and bank statements, for a minimum of 5 years from the corresponding Year of Assessment (YA).