Almost half of Singapore businesses have experienced cyber incidents (46%), which is lower than the overall APAC average of 59%.
The Singapore market is most concerned about data loss (55%) and business interruption (52%), which was representative of the greatest concerns across the whole APAC region. Data loss and business interruption were also the most reported impact of cyberattacks by 43% of those surveyed.
Training (69%) and buying hardware and software security tools (68%) continue to be the top choices of the most implemented measures to address cyber security threats. Interestingly Singapore is the only market surveyed that valued the purchase of cyber insurance (66%) as one of the top three means to address cyber security threats.
Dive Deeper
The APAC State of Incident Report 2022 surveyed 700 information security executives across Australia, Japan, Philippines, Hong Kong, Singapore, Indonesia, and Malaysia. To understand more of the efforts and investment priorities to minimize the cyber security threats of the businesses, please download the full report here.
Download the ReportRelevant Articles
Stay ahead with Kroll
Cyber and Data Resilience
Kroll merges elite security and data risk expertise with frontline intelligence from thousands of incident response, regulatory compliance, financial crime and due diligence engagements to make our clients more cyber resilient.
24x7 Incident Response
Kroll is the largest global IR provider with experienced responders who can handle the entire security incident lifecycle.
Ransomware Preparedness Assessment
Kroll’s ransomware preparedness assessment helps your organization avoid ransomware attacks by examining 14 crucial security areas and attack vectors.
Cyber Risk Retainer
Kroll delivers more than a typical incident response retainer—secure a true cyber risk retainer with elite digital forensics and incident response capabilities and maximum flexibility for proactive and notification services.
Kroll Responder MDR
Stop cyberattacks. Kroll Responder managed detection and response is fueled by seasoned IR experts and frontline threat intelligence to deliver unrivaled response.
Penetration Testing Services
Validate your cyber defenses against real-world threats. Kroll’s world-class penetration testing services bring together front-line threat intelligence, thousands of hours of cyber security assessments completed each year and a team of certified cyber experts — the foundation for our sophisticated and scalable approach.
Incident Response & Recovery
Kroll’s elite security leaders deliver rapid responses for over 3,000 incidents per year and have the resources and expertise to support the entire incident lifecycle, including litigation demands. Gain peace of mind in a crisis.