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A recent Microsoft study indicates that APAC experiences a higher-than-average encounter rate for malware and ransomware attacks – 1.6 and 1.7 times higher respectively than the rest of the world. Regional financial hubs Singapore and Hong Kong recorded the highest drive-by download attack volume in 2019, over 3 times the regional and global average.

Our increasingly digital world is opening up business opportunities like never before. With exponential growth comes an unprecedented transaction volume that inevitably opens up security risks. The Cyber Security Agency of Singapore (CSA) reports that attacks involving ransomware, malicious command &control servers and botnet drones have increased drastically, and phishing, website defacements and cybercrime continue to plague the region.