cybersecurity

It is the lowest number recorded in the region.

2 in 3 expect cybersecurity spending to become integrated with digital initiatives.

The firm has previously worked with the police by exchanging cybercrime intel.

Across Asia, total scam losses amounted to US$688.42b.

Participants simulated various scenarios like cyberattacks to test their response capabilities.

More than half of security leaders cannot detect data breaches.

The company will conduct a review of the incident and its IT systems.

The cybersecurity incident occurred on 13 August.

The company has implemented measures to boost its cybersecurity.

Six in 10 consumers seek more robust cybersecurity measures from their banks

More experienced data breaches and data lakes over the past year.

New programmes encouraging public participation will also be introduced.

All throughout the year, scams continued to rank high on Singapore’s list of major concerns. In 2023, there were several reports of phones being hacked and people losing their hard-earned savings. 

The company plans to boost cybersecurity post-incident.

Only half are confident they could detect a deepfake of their CEO.

The average cost of ransomware payments was $4.49m (US$3.3m) per company last year.