SINGAPORE – Singapore companies are increasingly being targeted by state-sponsored hackers, yet recent reports show that firms are more likely to pay the ransom and stay silent, hindering the authorities from understanding the full scale of cyber threats.
The Cyber Security Agency of Singapore (CSA) currently does not mandate ransomware reporting for non-critical infrastructure firms owing to enforcement complexities and privacy concerns, CSA chief executive David Koh told The Straits Times in an earlier interview.