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More than 36k online attacks daily targeted SEA businesses in 2023: report

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Azunta Gaviola

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3 weeks ago

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Southeast Asia – A total of 36,552 online attacks per day will target businesses in the Southeast Asian region in 2023, according to Kaspersky’s latest report. 

Data from the findings suggests that the company has also detected and blocked over 13 million web threats from its security solutions for businesses in Southeast Asia (SEA) last year. It also revealed a 31% jump as compared to the numbers detected in 2020.

Furthermore, it was also noted that there was a 243% increase in the number of times threat actors targeted businesses in the Philippines in 2023 compared to 2022. More specifically, the said figure represents a rise from 492,567 to 1,691,167 incidents. 

Singaporean firms also experienced an 86% surge in web threats last year, from 889,093 to 1,653,726. Thai companies, on the other hand, saw a significant but slightly lower increase of 24% from 1,232,311 to 1,531,430 in terms of internet-related threats.

The said figures were derived from the data collected by Kaspersky’s B2B products installed in businesses of various sizes.

Yeo Siang Tiong, general manager for Southeast Asia at Kaspersky, said, “Economic experts predict positive economic growth for the key countries in Southeast Asia this year. Parallel to this is the continuous growth in these markets’ strong digital economies, which open opportunities for both individuals and companies.”

He further notes, “As most governments in the region build and boost their policies to foster their digital economy and infrastructure, it is urgent for local businesses to prioritise strengthening their cyber defences against threats lurking online, which can hamper their efforts to harness the benefits digitalisation brings about.” 

“2024 should be the year for businesses here to take their cybersecurity one step forward. Long gone are the days when a basic firewall and endpoint solutions are enough. With the massive data all types of organisations are handling now and the immense reputational and financial damages an attack can result in, an adaptive and intelligence-led security solutions and services portfolio is the need of the hour,” Yeo concluded.

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