There are many different types of cyber threats and risks that businesses need to be aware of. Some of the most common include:
Malware: Malware is short for “malicious software,” and it refers to any software that is designed to harm a computer or network. This can include viruses, worms, Trojans, and other types of malicious code. Malware can be used to steal sensitive information, take control of a computer or network, or disrupt the operation of a system.
Ransomware: Ransomware is a type of malware that encrypts a victim’s files and demands payment in exchange for the decryption key. Ransomware attacks can be incredibly disruptive and costly, as they can prevent a business from accessing its own data until the ransom is paid.
Phishing: Phishing is a type of cyber attack that involves tricking a victim into revealing sensitive information, such as login credentials or financial information. This is typically done through the use of fake websites or emails that appear to be from legitimate sources.
Data breaches: A data breach occurs when sensitive or personal information is accessed without authorization. This can be the result of a cyber attack, such as a hacking or malware infection, or it can be the result of human error, such as an employee accidentally exposing data. Data breaches can have serious consequences, including the loss of sensitive information, damage to a business’s reputation, and financial losses.
These are just a few examples of the types of cyber threats and risks that businesses need to be aware of. Other common threats include social engineering attacks, denial of service attacks, and unauthorized access to systems or networks. It is important for businesses to stay vigilant and implement appropriate security measures to protect against these threats.
Recent Cyber Security topics In Singapore:
Source: straitstimes.com
Recent PDPC Commission’s Decisions:
Breach of the Protection Obligation by Thomson Medical Nature of Breach: Protection Decision: Directions Published Date: 19 Dec 2022 Breach of the Protection Obligation by RedMart Nature of Breach: Protection Decision: Financial Penalty ($72,000) Published Date: 19 Dec 2022
Source: pdpc.gov.sg
