• About
  • Subscribe
  • Contact
Wednesday, April 30, 2025
    Login
FutureCFO
  • Business Insights
    • Competencies and Capabilities
    • Digital Transformation
    • Leadership and Roles
    • Mergers and Acquisitions
    • Risk and Regulation
    • Strategies and Tactics
  • Operations
    • Audit and Compliance
    • Finance Accounting and Reporting
    • Operational Accounting and Control
    • Tax Management and Optimization
    • Treasury and Cash Management
  • Technology
    • Artificial Intelligence
    • Automation
    • Big Data
    • Blockchain
    • Business Applications
    • Cloud, Platforms and Ecosystems
    • Future Technology
  • Resources
    • Whitepapers
    • PodChats
    • Videos
  • Events
  • Awards
  • Knowledge Hub
    • Sustainable Finance
No Result
View All Result
  • Business Insights
    • Competencies and Capabilities
    • Digital Transformation
    • Leadership and Roles
    • Mergers and Acquisitions
    • Risk and Regulation
    • Strategies and Tactics
  • Operations
    • Audit and Compliance
    • Finance Accounting and Reporting
    • Operational Accounting and Control
    • Tax Management and Optimization
    • Treasury and Cash Management
  • Technology
    • Artificial Intelligence
    • Automation
    • Big Data
    • Blockchain
    • Business Applications
    • Cloud, Platforms and Ecosystems
    • Future Technology
  • Resources
    • Whitepapers
    • PodChats
    • Videos
  • Events
  • Awards
  • Knowledge Hub
    • Sustainable Finance
No Result
View All Result
FutureCFO
No Result
View All Result
Home Business Insights

Online threats in Southeast Asia: Attacks against businesses up 45%

FutureCFO Editors by FutureCFO Editors
April 19, 2023
security

Image by Tumisu on Pixabay

Online threats in Southeast Asia grew alarmingly while Singapore logged the highest year-on-year jump in terms of web threats targeting businesses in the same period, said Kaspersky recently.

According to the firm, its CybersLatest data shows a 45% jump in web threats blocked by its business solutions last year.

Online threats or Web-based threats, refers to attempts to download malicious objects from a malicious/infected website, the firm said. 

Malicious websites are deliberately created by malicious users; infected sites include those with user-contributed content (such as forums), as well as compromised legitimate resources, the firm added.

Web threats are made possible by end-user vulnerabilities, web service developers/operators, or web services themselves, according to Kaspersky. 

During the peak of the pandemic in 2020, Kaspersky said it prevented 10,200,817 web attacks from infecting businesses in SEA. 

The number dipped slightly in 2021 at 9,180,344 and spiked yet again in 2022 at 13,381,164, the firm added.

When it comes to online threats in Southeast Asia, Singapore logged more than a three-fold spike (329%) after Kaspersky’s business solutions blocked a total of 889,093 web attacks, a whopping increase from 2021’s total of just 207,175 incidents, the firm noted.

The uptick was also observed across the four Southeast Asian countries — Malaysia (197%), Thailand (63%), Indonesia (46%), and the Philippines (29%), the firm observed.

Only Vietnam witnessed a slight dip (-12%) after recording only 2,485,168 web threat incidents last year as compared to 2021’s 2,822,591, the firm added.

“Last year was a period of reopening for most businesses in Southeast Asia and, unfortunately, so as for cybercriminals,” said Yeo Siang Tiong, General Manager for Southeast Asia at Kaspersky.

While the Vietnam government has continuously pushed to beef up the cybersecurity defenses of the nation and the country’s local companies, the greater Southeast Asia region, however, needs more help in building their capabilities to protect their companies against cyberattacks, Yeo noted. 

According to him, human error and technical error are two major weaknesses that make most threats successful.

Full protection from web threats means you will need to find ways to cover these weak points, he advised. 

As these online threats were targeted against enterprises, this means these are just the starting points of more complex cyberattacks, he said.

Enterprises need to build a consistent ongoing incident investigation and response processes, nurturing and supporting your IT security talent-base, and making the most of your time and resources, Kaspersky advised.

Related:  Board executives believe their companies will never face cyberattacks
Tags: cybersecurityKasperskySoutheast Asia
FutureCFO Editors

FutureCFO Editors

No Result
View All Result

Recent Posts

  • Modernising Days Sales Outstanding (DSO) for 2025
  • A Day in the Life: Shelly Maneth from Red Hat Asia Pacific
  • Singapore Inc: Expanding horizons in ASEAN and beyond
  • Technology essentials for the modern CFO
  • Transforming budgeting through automation

Categories

  • Artificial Intelligence
  • Audit and Compliance
  • Automation
  • Big Data
  • Blockchain
  • Business Applications
  • Business Insights
  • Case Studies
  • Cloud, Platforms and Ecosystems
  • Competencies and Capabilities
  • Digital Transformation
  • eBooks and eBriefs
  • ESG and sustainability
  • Finance Accounting and Reporting
  • Future Technology
  • General
  • Infographics
  • Leadership and Roles
  • Mergers and Acquisitions
  • Operational Accounting and Control
  • Operations
  • Polls and Surveys
  • Resources
  • Risk and Regulation
  • Strategies and Tactics
  • Tax Management and Optimization
  • Technology
  • Treasury and Cash Management
  • Videos/Tutorials
  • Webcasts/Podcasts
  • White Papers

Strategic Insights for Finance Executives

FutureCFO.net is about empowering the CFO and the Finance Team to take on the leadership position in the digitalization of the enterprise. It's more than just a portal for the exchange of industry best practices, it is about creating and growing a community of finance professionals able to share learned experiences, providing a platform for the current and next generation of finance leaders and professionals.

Quick Links

  • Videos
  • Resources
  • Subscribe
  • Contact

Cxociety Media Brands

  • FutureIoT
  • FutureCFO
  • FutureCIO
  • Privacy Policy
  • Terms of Use
  • Cookie Policy

Copyright © 2022 Cxociety Pte Ltd | Designed by Pixl

Login to your account below

or

Not a member yet? Register here

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business Insights
    • Competencies and Capabilities
    • Digital Transformation
    • Leadership and Roles
    • Mergers and Acquisitions
    • Risk and Regulation
    • Strategies and Tactics
  • Operations
    • Audit and Compliance
    • Finance Accounting and Reporting
    • Operational Accounting and Control
    • Tax Management and Optimization
    • Treasury and Cash Management
  • Technology
    • Artificial Intelligence
    • Automation
    • Big Data
    • Blockchain
    • Business Applications
    • Cloud, Platforms and Ecosystems
    • Future Technology
  • Resources
    • Whitepapers
    • PodChats
    • Videos
  • Events
  • Awards
  • Knowledge Hub
    • Sustainable Finance
Login

Copyright © 2022 Cxociety Pte Ltd | Designed by Pixl

Subscribe