GARAGE
·
SUBSCRIBERS
Heard of software as a service? Now there's a hacker equivalent
The 'ransomware as a service' model, involving clients and partners, resemble legitimate business operations
Published Mon, Sep 6, 2021 · 09:50 PM
Singapore
LAST month, Singapore-based payments startup Pine Labs was exposed as a victim of ransomware after hackers made away with confidential documents involving some prominent Indian banks.
A gang called BlackMatter took responsibility for the attack. While its tactics were nothing unusual, the way it presented itself was.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
