Majority of companies experienced cyberattacks, looks to new tech for solutions: report

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pemAI, cloud and zero trust strategies sought by companies to bolster security./em/p pNearly three-fourths or 73% of companies in Singapore said they experienced at least one cyberattack in the past year, according to a report by Palo Alto Networks.

Nearly three-fourths or 73% of companies in Singapore said they experienced at least one cyberattack in the past year, according to a report by Palo Alto Networks.

60% of the respondents consider security for their operational technology a high priority, with roughly half expecting to up spending on OT Meanwhile, 79% believed that moving to the cloud would reinforce OT security, but 55% also said this would increase challenges for cybersecurity in the next two years.

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