The Cyber Security Agency of Singapore (CSA) published a report stating that compared to the year 2018, the ransomware attack cases in the year 2019, have risen.
In the year 2018, the total registered cases against the ransomware attack was 21 which by the year 2019, increased to 31 cases, according to Singapore Cyber Landscape (SCL) 2019.
Targets Of Ransomware Attack
The report by the government entity highlighted that the ransomware attackers mostly targeted local industries like e-commerce, banking and finance. The cyber threats included malicious cyber activities like website defacements, phishing and malware infection.
Along with the ransomware attack, Phishing-related cases were also increased. In fact, in the year 2018, the detected Phishing attacks were 16,100 URLs and in the year 2019, it surged to 47,500 URLs.
CSA in its report mentioned that the government organizations like Immigration & Checkpoints Authority (ICA), Ministry of Manpower (MOM), were the one which was commonly being fooled by the attacks.
Rise In E-Commerce Scam
According to the Singapore Police Force (SPF), in 2018, there were a total of 6,215 cases of cybercrime while the very next year it went up to 9,430. This sudden increase was more than the one-third of overall crimes that take placed in the country in the year 2019.
The report by SPF further claimed that in the year 2019, Singapore has noticed a 30 percent increase in the e-commerce scam from the year 2018 and it remained the top scam of the country.
A few days ago, the cybersecurity vendor, Cyfirma, reported that a group of hackers named Lazarus from North Korea initiated a massive phishing campaign all around the world. The cybersecurity vendor alleged the main target of Lazarus were Singapore, Japan, India, the UK and the US.
Recently, the Russian cybersecurity firm Kaspersky also stated that during the first quarter of 2020, there has been increasing attempt of cryptojacking in Singapore.
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