Organizations are increasingly adopting artificial intelligence (AI) and machine learning (ML) based cybersecurity solutions to combat the rising threat of sophisticated cyber attacks. Effective against malware, network intrusions, phishing, and spam, AI and ML algorithms can analyze vast amounts of data, offering more robust, flexible, and scalable security options. By 2030, the AI-based cybersecurity market is projected to reach $93.75 billion.
Malware scams cost Singaporeans S$625,000 since December 2024
Since December 2024, Singaporean authorities have received reports of 82 malware scams, with victims losing over S$625,000. The scams involved fraudulent ads for travel and
