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Association of Banks fends off ransomware attack

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With ransomware attacks on the rise in Singapore, the Association of Banks in Singapore (ABS) this week found itself defending successfully against such an infection aimed at drawing a ransom in exchange for data held hostage by hackers.

Singapore

WITH ransomware attacks on the rise in Singapore, the Association of Banks in Singapore (ABS) this week found itself defending successfully against such an infection aimed at drawing a ransom in exchange for data held hostage by hackers.

The incident led longstanding ABS