Spending on security solutions expected to grow in APAC

Accelerated digitalisation, cloud migration, security transformation, and cyber-attacks driving the spend. Investment in security-related products and services to grow at a robust rate of 14.1 per cent (CAGR) over the forecast period (2020-25) and reach USD 39 billion by 2025. According to the latest (IDC) Worldwide Semiannual Security Spending Guide,…

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Automated attacks skyrocket with bad bots making up 40 per cent of all traffic

Most traffic originates from public data centres. Automated bot traffic has significantly increased over the past few years with bad bots accounting for a huge 40 per cent of all traffic, according to a new report from Barracuda, a trusted partner and leading provider of cloud-enabled security solutions. The new report, Bot attacks: Top Threats…

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Singapore and US collaborate on cyber security

Prime Minister Lee Hsien Loong hosted Vice President of the United States of America (US) Kamala D. Harris During US VP Kamala Harris’ with Singapore’s PM, both countries affirmed the longstanding and multi-faceted partnership between Singapore and the US. They also welcomed the announcement of new  areas of cooperation as…

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Non-C-Suite employees are attractive targets for attackers

An average organisation is targeted by over 700 social engineering attacks each year. When it came to business email compromise attacks (BEC), a whopping 77 per cent of attacks target professionals outside of finance and executive roles, including personnel working in roles like sales (19 per cent), project management (10…

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Cyber attackers will have weaponised operational technology environments 

Organisations can reduce risk by implementing a security control framework By 2025, cyber attackers will have weaponized operational technology (OT) environments to successfully harm or kill humans, according to Gartner, Inc. Attacks on OT – hardware and software that monitors or controls equipment, assets and processes – have become more common. They…

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Cross-border tools to boost Philippines’ digital competitiveness

NPC’s new initiative. The National Privacy Commission (NPC) has issued its first guidance on the adoption of tools which compliments data management and cross-border transfer standards across the Association of Southeast Asian Nations (ASEAN), a move that will help Philippine businesses unlock more gains in the fast expanding digital economy…

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TfNSW and Sydney Trains not effectively managing cyber security risks

Both NSW government agencies have assessed their cyber security risks as unacceptably high Transport for NSW and Sydney Trains are not effectively managing their cyber security risks. Significant weaknesses exist in their cyber security controls, and both agencies have assessed that their cyber risks are unacceptably high. According to the…

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Cyber and crypto agency of Indonesia reinforces country’s cyber security

Enhance capacity development and institution building within government. Badan Siber dan Sandi Negara (BSSN), the Cyber and Crypto Agency of Indonesia has signed a memorandum of understanding (MoU) in line with their shared goal of reinforcing the cybersecurity capability of the country. Indonesia is facing rapid digitalisation which has led…

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