SINGAPORE: To develop solutions for current and future cyber security challenges, ST Electronics and the Singapore University of Technology and Design (SUTD) are collaborating to set up a cyber security laboratory.
At the signing ceremony to mark the partnership on Friday (May 13), SUTD President Thomas Magnanti said that the main areas of collaboration will include cyber security big data analytics and the development of trusted cyber monitoring and mitigating techniques.
The National Research Foundation (NRF) is also supporting the lab as part of its Corporate Laboratory @ University Scheme. Together, NRF, SUTD and ST Electronics will invest S$44.3 million to fund the initiative. In addition, this will be the first Corporate Laboratory focusing on cyber security.
Communications and Information Minister Dr Yaacob Ibrahim, who witnessed the signing ceremony, said the Government is co-investing in the lab to "better align academic research with industry needs so that research efforts will be directed towards solutions that can be readily commercialised in the marketplace".
Dr Yaacob, who is also Minister-in-charge for Cyber Security, added that a strong partnership is needed to identify core problems and rapidly prototype new and improved solutions, and the lab will bring industry and academia together under one roof.
The collaboration is also expected to increase the cyber security talent pool to support Singapore's Smart Nation initiative, ST Electronics and SUTD said.