Tech Trends & Cybersecurity by KPMG

The Case of the Vanishing Data: A Cybersecurity Gumshoe’s Take on Lee Ser Yen’s Playbook
The digital streets are mean these days, folks. Every byte’s got a target on its back, and the cyber hoodlums? They’re upgrading their tools faster than a Wall Street algo trader on espresso. Enter Lee Ser Yen, KPMG Singapore’s top cyber-sleuth, preaching a gospel that’d make any data-hoarding CEO sweat: *collect less, sleep more*. In a world where businesses treat data like a packrat’s attic, Ser Yen’s playing the long game—minimize the loot, and the thieves got less to steal. Smart, right? But in this town, “smart” don’t always pay the bills. Let’s crack this case wide open.

The Less-Is-More Doctrine: Why Hoarding Data Is a Mug’s Game

Picture this: a vault stuffed with gold, guarded by a padlock from the dollar store. That’s your average corporation’s data strategy. Ser Yen’s first rule? *Stop collecting like you’re prepping for the apocalypse*. Every extra gigabyte is another window for some script kiddie to jimmy open. The “data is oil” crowd’s got it backwards—oil spills are messy, and so are breaches.
Take the 2023 MGM Resorts hack. Attackers waltzed in through *one* employee’s LinkedIn info. No need for Mission Impossible theatrics—just too much data lying around like loose change. Ser Yen’s fix? Data minimization. Only grab what you *need*, not what you *can*. GDPR’s been waving this flag for years, but corporate America? Still treating privacy like a side salad at a steakhouse.

Privacy by Design: Or How to Stop Your Tech from Betraying You

Here’s where Ser Yen drops the mic: *Privacy ain’t a bolt-on*. You can’t slap a “secure” sticker on a leaky bucket and call it a day. Privacy by design means baking it into the recipe—like a chef who doesn’t wait for the health inspector to wash his hands.
Example: Apple’s App Tracking Transparency. By making privacy the *default*, they flipped the script on data brokers. No opt-in labyrinths, no fine-print gotchas. Just “nope” as the starting line. Ser Yen’s playbook says anonymize early, pseudonymize often, and for Pete’s sake, *delete what you don’t need*. Most companies keep data like sentimental hoarders—”But what if we need these customer birthdays from 2007?” You won’t. And neither will the hacker selling them on the dark web.

AI, IoT, and the Cyber Arms Race: Dodging Bullets in the Smart City

Tech’s moving faster than a crypto pump-and-dump, and the bad guys? They’ve got AI too. Chatbots writing phishing emails, deepfakes scamming CFOs—it’s *Minority Report* meets *Office Space*. Ser Yen’s warning: Your fridge is a trojan horse. IoT devices are the backdoors crooks love—poorly secured, always online, and about as defended as a cardboard fort.
The fix? *Security by design*. Not the usual “patch it Tuesday” circus. Think: AI-driven threat hunting that spots anomalies faster than a bartender IDs a fake ID. Or zero-trust architectures where *every* login’s treated like a stranger in a trench coat. The goal? Make hacking you harder than explaining quantum economics to a Golden Retriever.

Critical Infrastructure: When the Lights Go Out, the Lawyers Come In

Healthcare, banks, power grids—they’re the VIP targets. A hospital’s EHR system goes down? That’s not just data loss; that’s *lives* on the line. Ser Yen’s mantra here: Compliance is the floor, not the ceiling. HIPAA, NIST, GDPR—they’re the bare minimum, like locking your front door but leaving the keys under the mat.
Pro tip: Red-team it. Hire ethical hackers to stress-test your systems like a personal trainer who *hates* you. Because the real attackers? They don’t care about your audit logs.

Case Closed, Folks
Ser Yen’s blueprint boils down to three rules:

  • Collect like a minimalist—your data’s a liability, not a trophy.
  • Build privacy in, not on—or prepare for headlines you’ll hate.
  • Stay paranoid—tech evolves, and so do the heists.
  • In this digital alley, the only sure thing is the next attack. But with less data to steal, fewer holes to exploit, and a mindset sharper than a hedge fund’s PowerPoint, maybe—just maybe—you’ll live to see another quarterly report. Now, if you’ll excuse me, I’ve got a date with a ramen cup and a suspicious firewall log. *Stay frosty.*

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