Some 96 percent of Singapore companies admitted to experiencing a security breach in the past year, of which 28 percent said ransomware was the most frequently used attack mode. Another 25 percent selected malware as the attack type most commonly encountered, while 11 percent said it was cloud data breaches, specifically, Google Drive.
Cyberattacks are also on the rise, with 92 percent surveyed noting an increase in attack volumes, according to a survey conducted by research firm Opinion Matters. Commissioned by security vendor Carbon Black, the study polled 250 chief information, technology, and cybersecurity officers in Singapore, from industries that included financial, healthcare, government, and retail.