Singapore cyber landscape dominated by ransomware and phishing activities

9,080 cases handled by CSA’s SingCERT in 2020, marking second consecutive year of increase. The Cyber Security Agency of Singapore (CSA) released its Singapore Cyber Landscape (SCL) 2020 publication today, revealing an increase in cyber threats such as ransomware and online scams in 2020. CSA’s SingCERT (Singapore Computer Emergency Response…

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APAC organisations willing to pay ransomware attackers

Ransomware continue to top the list of cyberattacks. Almost half (44 per cent) of APAC (excluding Japan) respondents who participated in the IDC Security Services Global Incident Readiness Survey indicated the willingness to pay the ransom in hopes of retrieving affected files, either internally or through insurance payout. While the…

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Kaseya offers patch for security flaw that led to ransomware

Mitigates ongoing risk to organisations of compromise through this activity. The Australian Cyber Security Centre (ACSC) has issued a “high alert” to organisations to patch their Kaseya VSA platform, which has just become available. In early July 2021, the Cybersecurity Infrastructure Security Agency (CISA) of the United States and the…

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Victims penetrated by phishing had conducted anti-phishing training

Failure of traditional defences in preventing attacks Traditional ransomware defences are failing, with 54 per cent of all victims having anti-phishing training and 49 per cent having perimeter defences in place at the time of attack, according to a recently released report by Cloudian. Citing this and other findings from…

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Australia is fighting back against ransomware

Ransomware campaigns impact multiple sectors across the economy. Australians continue to be targeted by cybercriminals through ransomware campaigns impacting multiple sectors across our economy. Assistant Minister for Defence, the Hon Andrew Hastie MP, said the Government is tackling cybercriminals head-on to support Australian organisations and individuals from cyber compromise. “In…

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Axa’s Asia Assistance hit by cyber attack

Attack occurs a week after insurance company announced it will no longer underwrite cyber-insurance policies covering ransomware. Insurance giant Axa has confirmed that one of its businesses in Asia was hit by a ransomware attack and will be investigating “some data processed in Thailand was accessed”. According to Reuters Axa…

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HCL Roundtable: Emerging AppSec Trends in 2021 and Beyond

Sponsored content: Thursday, 15th April 2021, Australia In an era where data is more valuable than gold, cyberattacks in its multiple manifestations have dominated global headlines with account hijacking and injection attacks. Be it credential theft, brute force attacks, social engineering thefts or access control misconfiguration, the sophistication and damages…

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