Singapore – A recent report from Kaspersky Security Network revealed that Singapore ranked as the second least affected country in Southeast Asia in terms of web threats in 2024.
This strong performance in cybersecurity, according to the firm, is driven by its robust security measures, consistent governmental support, and better cyber practices among users.
In its latest data, the company further underscored the total number of web threats detected in the country in 2024, equating to 5,104,831 web threats, noting a decrease from 5,844,634 in 2023.
Said figure signifies a 24.7% drop in web threats since 2021, aligning with a four-year trend of continuous decline.
Singapore also recorded a significant increase in Telegram scams in 2024, with reported cases soaring by 137.5% in the first half of the year.
As per the company, cybercriminals exploited the platform for malicious campaigns such as selling hacked data and distributing malware. It has also recently found a large-scale cyber campaign on Telegram targeting the fintech and trading industries.
Additionally, it was noted that AI is increasingly being used by cybercriminals to elevate the complexity of their attacks, allowing for highly targeted and efficient phishing and social engineering campaigns.
In November 2024, more than 100 government officials in Singapore fell victim to blackmail emails that utilised deepfake technology. In response to these issues, the country has implemented key initiatives, including the launch of the Critical Infrastructure Defence Exercise (CIDeX) and the Smart Nation 2.0 initiative.
Singapore is also set to implement the Digital Infrastructure Act to strengthen the nation’s digital security landscape.
Meanwhile, Kaspersky advised users to practice good cyber hygiene by sticking to reputable websites, verifying website legitimacy, steering clear of unsolicited offers, using robust security solutions, and keeping their software updated.
Organisations are further urged to establish a security operations centre with SIEM tools, leveraging threat intelligence, and training employees on cybersecurity threats are also vital steps.
Yeo Siang Tiong, general manager for Southeast Asia at Kaspersky, said, “As a regional business and technology hub, Singapore is committed to ensuring that robust cybersecurity measures are in place to build confidence in its digital infrastructure and systems, and this is demonstrated by its strong position in our latest Kaspersky Security Network findings.”
“Beyond this, the rapidly evolving nature and sophistication of web threats and threat actors means that we must continuously adapt, innovate, and strengthen our defences to stay ahead of the curve and ensure a safe and secure digital environment for all. Web safety and a strong cyber posture are not just technical necessities but the foundation of trust and resilience in our digital future,” he added.
