“We don’t drown our partners in a sea of debt. We don’t coerce or compromise your independence. The United States deals openly, fairly.” – Vice President Pence at the 2018 APEC CEO Summit
In this final edition of 2018, Singapore Correspondent, Jane Lo has provided a number of impressive articles, including reviews on SingTech, Cyber Security Forum, CISO Elite Asia 2018, Risk Innovation Forum and the Singapore International Robo Expo 2018, noting the global robotics market is expected to reach USD 50 billion in total revenues in 2018, inclusive of hardware, software and services. By 2021 the market will nearly double reaching USD 90 billion. (ABI Research).
With this forecast in mind, the security domain in the Asia Pacific remains fascinating and challenging to keep abreast. Be it the degrading geo-politics playing out between the US and China, along with the absence of outcome statements from the APEC Summit in Papua New Guinea. To the current news of the day in the Marriott Starwood breach, where the company discovered there had been unauthorised access since 2014, and believes up to approximately 500 million guests who made a reservation at a Starwood property have been compromised.
With an Australian perspective, Danielle Cave, deputy head of the International Cyber Policy Centre at Australian Strategic Policy Institute (ASPI), has released an opinion piece, stating, “There is a lot at stake in the China–Australia relationship and, as we attempt to balance these economic and security interests, there is an element of schizophrenia to our attempts to ‘get the China relationship right’. It’s a deeply important relationship but it’s also incredibly complicated and it’s only going to get more so. There is no right path forward that will please everyone. But there is a wrong path, and we are in danger of taking it…The real issue is that in trying to protect the relationship with Beijing, the [Australian] government is not being open with the Australian public, who have the right to be informed about new and emerging risks to their businesses, intellectual property and online safety.”…Click here to read full article.