Firms need to consider cyber exposure as high-risk priority

SINGAPORE'S first cybersecurity agency will begin operations on April 1, overseeing national cybersecurity functions and developing infrastructure to better respond to cyber threats. As attacks become more commonplace and destructive, governments in Asia Pacific are implementing measures to combat cybercrime, yet many public companies in the region do not perceive it as a top priority, despite their increasing vulnerability.

When customers signed up for membership at local karaoke chain K Box, they never imagined becoming a victim…