S’pore organisations among most targeted in the world by ransomware attacks, study says

Cybereason said Singapore businesses were witnessing the greatest volume of such attacks among the countries polled, with 80% of respondents here saying their organisations had been hit by a ransomware attack in the past 24 months. Globally, the average figure was 72%. — Dreamstime/TNS

SINGAPORE: Ransomware attacks are on the rise, and organisations in Singapore are among the most targeted in the world, according to a recent study.

Despite this, businesses here tend to prioritise recovery rather than prevention, said a report published last month by cybersecurity technology firm Cybereason.