Singapore cybersecurity

Banking on trust – addressing the triple threat of ransomware, regulatory compliance, and consumer confidence

The recent ransomware attack on an insurance company in Singapore has underscored the cyber threats confronting financial institutions.
14 hours ago

Banking on trust – addressing the triple threat of ransomware, regulatory compliance, and consumer confidence

The recent ransomware attack on an insurance company in Singapore has underscored the cyber threats confronting financial institutions.
14 hours ago

2 in 5 small-medium businesses experience cyber attacks

50% of respondents say that the financial impact of these attack were at least $677,060.

Ransomware attacks in the new digital norm: How can businesses mitigate risks?

Cyber threat actors are constantly adapting to the changing security landscape as they upgrade their tools and amplify their strategies in exploiting network vulnerabilities. With the implementation of remote work, businesses of all sizes have been the target of cybercriminals during the COVID-19 pandemic. Employees connecting to corporate resources from often poorly secured home networks and devices served as an entry point for ransomware attacks and various social engineering techniques such as phishing and CEO fraud target this weakness.

How can SMEs start investing in their cybersecurity?

Flexxon CEO Camellia Chan talks about the hurdles faced by smaller businesses when it comes to staying safe online.

COVID-19: The Evolution of Scams in Asia-Pacific

In 2020, one in three people in Southeast Asia experienced online fraud amid a boom in online shopping and activity due to the COVID-19 pandemic. Asia-Pacific already has the highest number of internet users in the world, so the opportunities for scammers were already aplenty before the crisis of 2020.

Over 9,000 cyber security cases reported in 2020—CSA

This is the second consecutive year that cases handled increased.

SG consumers trust organisations less after getting scam messages: survey

Around 41% lose trust over an organisation regardless of any real association with the fraudster.

CSA launches cybersecurity awareness campaign

The agency will work with Shopee, Carousell, and NTUC FairPrice to publicise the campaign.

Singapore firms sitting ducks for ransomware attacks: study

Firms have paid as much as $1.87m when their data was held hostage.