Singapore cybersecurity

Flexxon CEO Camellia Chan talks about the hurdles faced by smaller businesses when it comes to staying safe online.

And Temasek’s portfolio rises 25%.

And SG sends help to Indonesia as COVID-19 cases surge.

In 2020, one in three people in Southeast Asia experienced online fraud amid a boom in online shopping and activity due to the COVID-19 pandemic. Asia-Pacific already has the highest number of internet users in the world, so the opportunities for scammers were already aplenty before the crisis of 2020.

This is the second consecutive year that cases handled increased.

Around 41% lose trust over an organisation regardless of any real association with the fraudster.

The agency will work with Shopee, Carousell, and NTUC FairPrice to publicise the campaign.

Firms have paid as much as $1.87m when their data was held hostage.