Here are top concerning cyberattacks in SG

Malware and ransomware are the top concerning cyber threats in the city-state.

Businesses revealed that malware (53%), ransomware (53%), and phishing and spear phishing attacks (52%) are the top three most concerning cyberattacks in Singapore, global security leader, Palo Alto Networks, said in a recent study.

Meanwhile, top cybersecurity issues are risks from unmonitored and unsecured loT devices (48%), increasing digital transactions with third parties (44%), and risks from personal devices and home networks (44%).

The study also mentioned that most businesses in the city-state increased their budget to resolve the cyber threat issues and adopt the latest cyber tech.

The April 2023 online poll included 500 businesses across various industries, with 100 each from Singapore, Malaysia, Indonesia, the Philippines, and Thailand.