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Association of Banks fends off ransomware attack

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Published Fri, May 13, 2016 · 09:50 PM

    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 director Ong-Ang Ai Boon to observe how quickly criminals are pushing ahead of regulations.

    Cybersecurity

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