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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.
With Singapore’s extended circuit breaker in place, it may be the first time in many years that your business has had to close for an extended period. This has serious implications for many businesses, who need to manage lost revenue and decreased footfall in the face of still-rolling costs, and much more. For some businesses out there, this creates severe cashflow setbacks that could make or break the company.
In a report published in 2019, the Cyber Security Agency (CSA) highlighted 5 major security threats that predominated Singapore’s cyber landscape. Malware, short for malicious software, comprised one of these threats.
With all that’s changing in how businesses work today, how do you make sure that your business is supported by a future-ready Managed Service Provider? The first of a 2-part series, we propose 4 key criteria to keep in mind when you consider Managed Services for your business.
In the second part of our 2-part series on future-ready Managed Services, we dive into what sets ISPs apart when it comes to managing IT solutions at a time when the global workforce is becoming increasingly dispersed.
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