Singapore a hotspot for business email scams, malicious Web addresses, says Trend Micro

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

SINGAPORE is the most vulnerable country in South-east Asia for business email compromise scams and a hotspot for hosting malicious Web addresses, according to cybersecurity solutions provider Trend Micro. Read more at The Business Times.

SINGAPORE is the most vulnerable country in South-east Asia for business email compromise scams and a hotspot for hosting malicious Web addresses, according to cybersecurity solutions provider Trend Micro.

In a typical BEC attack, attackers initiate or intercept communication with a decision maker of a company with the ability to release funds or conduct wire transfers as payment for services or as part of normal operations. In most cases, that would be the chief executive or an executive with similar powers, the report explained.

“Enterprises need to strengthen their cyber defences at every touch point, namely, on the endpoint, in the cloud, and at the network layer,” he said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Malicious hackers target Singapore-based company via phishing e-mailsA workplace design consultancy based here became the target of malicious cyber attackers last year. Space Matrix's chief executive officer Arsh Chaudhry told The New Paper that the company's chief finance officer received an e-mail in April last year in a phishing...
Source: thenewpaper - 🏆 7. / 63 Read more »

Singapore business sentiment slips for 3rd straight quarterSINGAPORE businesses are less confident about prospects for the second quarter of 2019, making it the third straight quarter of waning sentiment, going by the latest quarterly Business Optimism Index released on Tuesday by the Singapore Commercial Credit Bureau (SCCB). Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »