Singapore ranks 2nd in real estate resilience against cyber threats

Data shows that about 75% of organisations manage building systems with vulnerabilities.

Singapore ranks second for real estate resilience as its commercial buildings face threats to digital systems—including air conditioning, lighting, and access controls—that control physical operations, according to a WiredScore report.

The city-state uses a national fibre network and Infocomm Media Development Authority standards to support infrastructure.

Data shows that about 75% of organisations manage building systems with vulnerabilities, whilst operational technology accounts for 50% of cyber incidents. Global cybercrime costs will reach $23t by 2027, the report said.

Thomasin Crowley, Vice President for Asia Pacific at WiredScore, stated that cyber risk impacts building operations and data, noting that systems used for efficiency create vulnerabilities. She said attacks can prevent a building from functioning.

Recent incidents in Singapore targeted telecommunications and information infrastructure, with the impact of these threats expanding as buildings integrate automation and artificial intelligence.