Don't pay the ransom; take these five steps instead

THEY say an ounce of prevention is worth a pound of cure, and this is as true for your business as it is for your health. This thought seems to be on the mind of Interpol recently, as it warns us...

At Toffs, a desire to carve its own niche

PART postman, part security officer. That is how Toffs Technologies' co-founder and director of operations Philip Chua describes his firm's business model.

GrabPay users file police reports over unauthorised payments to Qoo10 and Razer

THE police are investigating reports on unauthorised transactions, each involving hundreds of dollars, that were made via GrabPay to e-commerce marketplace Qoo10 and Razer Gold, the virtual gaming...

Singapore unveils Tech.Pass scheme to woo top global tech talents

SINGAPORE's Economic Development Board (EDB) is rolling out a new "Tech.Pass" to support the entry of up to 500 proven founders, leaders and experts from top tech companies into Singapore.

Cybersecurity talent gap leaves Singapore firms exposed

THE digitalisation train is speeding ahead, but a shortage of talent is exposing Singapore businesses increasingly to cyber and data privacy threats.

Banks may soon tighten customer verification process amid rise in scams

FINANCIAL institutions (FIs) are due to go beyond using NRIC numbers and birth dates to verify customers' identity for services such as phone or online banking.

MAS proposes new identity verification process as impersonation scams jump

SOON, financial institutions (FIs) may no longer be allowed to rely on common personal information such as NRIC number, residential address and date of birth as the sole means of identity...

Bolstering cyber security capabilities during Covid-19 and beyond

WHEN the Covid-19 pandemic hit its peak, businesses across the globe had to make drastic changes to survive. Owing to difficulties in arranging personal meetings and the inability to work with...

Five tips to protect against ransomware targeting SMEs

DHARMA, a family of ransomware that was first spotted in 2016 and targets mainly small and medium-sized enterprises (SMEs), remains active in 2020...

SMEs appear ill-prepared for greater risks of cyberattacks as online workforce rises

SMALL and medium-sized enterprises face greater risks of cyber attacks and data breaches than they realise, as more of their employees work from home during the pandemic.

Remote working creates higher risk of online attacks for firms: specialists

REMOTE working can expand the attack surface that threat actors can target, making businesses more susceptible to cyber attacks, say industry specialists.