The Business Times
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Geopolitics adding to cyber risks; Singapore companies are attractive targets: cybersecurity practitioners

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Yong Jun Yuan

Yong Jun Yuan

Published Mon, Jan 22, 2024 · 05:00 AM
    • Small companies are attractive to hackers as they often have inadequate cybersecurity, making them easier targets.
    • Small companies are attractive to hackers as they often have inadequate cybersecurity, making them easier targets. PHOTO: BT FILE

    WITHIN the first two weeks of this year, three Singapore-listed companies announced that they had fallen victim to ransomware attacks.

    Security solutions provider IPS Securex , shipbuilder ES Group and restaurant operator RE&S all announced that their servers had been compromised.

    They join a growing list of relatively small companies that are attractive targets for hackers.

    Cybersecurityre&s holdingsips securexGeopolitics

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