Articles
Scam Types to Watch Out in 2024
In the digital age, scams continue to rise, targeting individuals globally every day. According to Citizens Advice, in the first quarter of 2023 alone, around 40 million adults fell victim to scams. In Singapore, cases surged by 69.4% from January to June 2023 compared to the same period in 2022. Watch out for these scam
Will AI Create New Opportunities, or Will It Replace Our Jobs?
Artificial Intelligence (AI) has transformed our lives and work. AI has been a topic of discussion for many years, and nowadays, its impact on the job market has become a significant concern. However, the result of AI on the job market has ignited debates. Will AI generate new opportunities or replace our jobs? AI’s efficiency
OpenAI Targets to Sell Shares a US$86 Billion Valuation
OpenAI, the startup behind ChatGPT, is in talks to sell shares, with a valuation of US$86 billion. They are negotiating a tender offer with potential investors. With this share, OpenAI will become one of the world’s most valuable private companies. OpenAI would leapfrog industry giants such as Stripe and Shein, securing its position behind Elon
What is Deepfake? Spot the Fake!
Imagine seeing a video of your favourite actor saying something they never did or your manager’s voice on a phone call asking you to do something strange. Deepfakes have made it hard to tell what is real and what is not with their ability to mimic faces, voices, and even entire bodies. What are deepfakes?
Bank Employee and Anti-Scam Centre Team Up to Save Elderly Woman from Impersonate Scam
Standard Chartered Bank employee and the Anti-Scam Centre (ASC) saved a 79-year-old woman from losing $260,000 in a government official impersonation scam. In September 2023, the woman received an unsolicited call from someone claiming to be a bank official who informed her that her account was frozen for investigation. The call was then transferred to
Singapore Will Boost Cybersecurity Workforce as AI Threats Rise
Janil Puthucheary, Singapore’s Senior Minister of State for Communications and Information, revealed a plan to allocate 10,000 training spots over the next three years to teach people basic cybersecurity skills, address the increasing risk, and build a strong talent pool to enhance the nation’s cybersecurity defence. Cybersecurity is becoming increasingly important because of several factors:
