64% of Singaporean Companies Paid Ransoms During Cyberattacks in 2023

According to a survey by data security firm Cohesity, 64 percent of Singaporean companies paid a ransom during cyberattacks in 2023. Of these, 36 percent paid at least US$500,000, as revealed in a study released earlier in July. Singapore’s Cyber Security Agency (CSA) said that the number of local ransomware incidents remained high last year, […]

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