The Cyber Security Agency of Singapore (CSA) has published a report of the biggest cyber threats the country experienced in 2017, with a notable shift from profit-motivated attacks to attacks designed to cause disruption.
The Singapore Cyber Landscape 2017 report shows that cyber threats continued to grow in frequency and in damage on a global scale – and Singapore statistics mirrored the trends.
“Given Singapore’s connectivity, what happens globally is often immediately felt here. As we continue our Smart Nation push, we have to raise our cyber hygiene and defences, especially against cyber-attackers who are getting better resourced and skilled,” Comments CSA chief David Koh.
“We need to play our part by being vigilant and adopting good cybersecurity practices to keep Singapore’s cyberspace safe and trustworthy for all.”
The CSA’s Cybersecurity Act, in addition to partnerships with GoSafeOnline, SingCERT and others, are designed to protect and raise awareness about cybersecurity issues.
According to the Singapore Police Force, Singaporeans reported 5,430 cases of cybercrime. While overall crime rates fell, cybercrime cases grew to 16.6% of all cases.
Many cases involved online cheating, compromised social media and SingPass accounts, impersonation, scams, and unauthorised access. In September 2017, Singapore also dealt convictions in its first Dark Web-related crime case.
Singapore’s critical information infrastructure (CII) sectors remain prime targets, with banking, finance and government at the top. This became a reality for one Singapore insurance company in September 2017, when a data breach compromised = the personal data of 5,400 customers, including their e-mail addresses, mobile numbers and dates of birth.
Singapore’s business ecosystem, in particular SMEs, are especially vulnerable to attacks as they don’t have the resources or skills to deal with cyber threats.
The report says that of the 146 cases reported to SingCERT last year, almost 40% involved SMEs. CSA encourages businesses to invest in cybersecurity solutions.
Finally, phishing, ransomware and tech support scams continue to plague individuals.
Common cyber threats are detailed below.