Sara Jost: The Internet of Things: a double-edged sword?

The Cyber Security Agency of Singapore (CSA) reported that cybercrime is on the rise in Singapore, with 25 cases of ransomware attacks reported in 2017, up from 19 in the previous year.

2017 also saw several notable cyberattacks on local institutions, including data breaches in the Ministry of Defence (MINDEF), as well as Nanyang Technological University and the National University of Singapore. During the Trump-Kim summit held on June 12 this year, Singapore was also reported to be the top cyberattack target in the world, experiencing up to 40,000 attacks.

Recently, a cyberattack on SingHealth, Singapore’s largest group of healthcare institutions, saw personal data from some 1.5million patients compromised. This prompted a wave of cybersecurity checks and the tightening of security protocols across healthcare and financial institutions locally, to mitigate the associated risks of the data breach at SingHealth.

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