The rise in digital operations and data breaches has made cybercrime a huge threat for companies. In 2024, several high-profile companies, including Dell, AT&T, Ticketmaster and Disney, suffered major data breaches. Businesses need to invest in cybersecurity strategies to reduce data breaches and maintain customer trust. Retailer and consumer businesses, operating heavily on data, should focus on understanding their data landscape, deploying AI and automation security tools, and ensuring robust security and incident response training.
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