Phishing attempts continued to plague the nation as reported cases more than doubled to 8,500 in 2022, said the Cyber Security Agency (CSA) in a report on Friday. The surge is more than twice the 3,100 cases reported in 2021. In most attempts, fraudsters spoofed banking and...
More than 80 per cent of reported attacks spoofed a bank or financial service, spurred by the growth of online banking since the Covid-19 pandemic, said CSA.
Second-most spoofed were government-related entities such as the Land Transport Authority and Singpass. Fraudsters would send phishing e-mails or SMS messages seeking payment for fines and other false claims to exploit users’ tendency to comply with messages from the authorities, said CSA.made up eight in 10 logistics-related scams.
Hackers mostly targeted small and medium-sized enterprises, particularly in the manufacturing and retail sectors, as many hold valuable data like intellectual property, which they can extort for money. Many of such firms also have limited cyber-security defences. And like real businesses, these groups are expected to scout for new markets to attack to boost ransomware revenue, said CSA, adding that it poses a threat to all industries. It urged firms to secure their systems and back up critical data regularly.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Phishing attempts on Singapore targets rose 175% to 8,500, with banking sector most spoofed in 2022The heightened cyber threat environment last year was fuelled by geopolitical conflict and opportunism as COVID-19 restrictions eased, says the Cyber Security Agency of Singapore.
Read more »
Charming Garden launches third collective sale attempt, owners maintain $175 mil asking priceThe condo first attempted a collective sale in December 2022, targeting $175 million for the property. (Picture: Colliers)SINGAPORE (EDGEPROP) - The owners of Charming Garden, a 999-year leasehold condominium at 138 and 140 King’s Road, have launched a collective sale tender for the property. According to a press release by Colliers, the marketing agent, on June 21, the owners are sticking to a guide price of $175 million.The condo first attempted a collective sale in December 2022, targeting $1
Read more »
Thai actors Apo and Mile are the latest brand ambassadors for DiorBoth Apo and Mile were co-stars in the hugely popular 2022 Thai TV series KinnPorsche: The Series.
Read more »
'This isn’t e-sports': Singapore gaming community questions inaugural Olympic event's lineupSINGAPORE: Late in 2022, when Singapore’s Culture, Community and Youth Minister Edwin Tong announced on Facebook that the country would host the first-ever Olympic Esports Week in 2023
Read more »
The US population is older than it has ever beenThe median age reached a record high of 38.9 in 2022, a figure that has been climbing since 1980. Read more at straitstimes.com.
Read more »
EV fire cases rise with growing adoption of such carsThere were two EV fires in 2022, up from one in 2021, SCDF said. Read more at straitstimes.com.
Read more »