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90 percent of Singapore businesses suffered data breaches last year: Report

April 08, 2019 / CISOMAG

A recent research stated that cyber-attacks are increased in the last 12 months, causing security breaches affecting 96 percent of organizations surveyed. According to the research report from endpoint security firm Carbon Black, 90 percent of the Singapore businesses have been breached in 2018. In its report named Singapore Threat Report, Carbon Black examined the survey results from different industries, organization sizes, and IT team sizes to show modern attacks and cyber defense landscape in Singapore region. According to the research findings, 96 percent of surveyed Singapore-based companies reported breaches last year and 92 percent of them said they’ve seen an increase in attack volumes. Also, 95 percent of the organizations stated the attacks have become more sophisticated and 97 percent of them stated they’ve planned to increase spending on cyber defense.