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Cyber Security Agency of Singapore
Speeches

Opening Remarks by Minister for Digital Development and Information Josephine Teo at the SICW AMCC on 16 Oct 2024

16 October 2024

At the 2024 AMCC, Minister Josephine Teo (now leading the renamed Ministry of Digital Development and Information) emphasized that ASEAN's digital economy is on track to reach US$1 trillion by 2030. However, she warned that "big game hunting" by new ransomware groups like RansomHub and Brain Cipher poses a systemic threat to this growth. The conference served as a major operational milestone, moving ASEAN from "policy discussion" to "physical action".


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