Fend off cyber thieves with blockchain tech

MANY organisations could do more to detect and ward off the ever-evolving threat of business disruption and data loss resulting from cyber attacks, say observers.

"Most company boards in Singapore have not deemed cyber security as a high priority," said Lionel Tan, partner for technology, media & telecommunications & intellectual property, at law firm Rajah and Tann.

As such, companies may not be adequately prepared to deal with the situation should a significant cyber breach occur, which may result in a loss of confidential information, personal data or even money.