Vulnerable Southeast Asia is a magnet for hackers, reveals study

1 in 3 firms experienced targeted attacks in H1.

Southeast Asian firms face a higher risk of targeted cyber attacks compared to their international counterparts, according to a study by Singtel and FireEye.

In the first half of the year, organizations observed in the region faced a 45% higher risk of facing a targeted cyber attack than the global average. In the prior six-month period, they faced only a 7% higher risk.

Across the region, 29% of observed organizations were targeted with advanced cyber attacks in the first half of 2015.

More than one-third of malware detections associated with advanced persistent threat (APT) groups originated within the entertainment, media and hospitality industries. 

There were least 13 APT groups targeting national government organizations and at least four APT groups targeting regional or state governments around the world.

"The report emphasizes the frequency and sophistication of cyber attacks against all types of industries and enterprises in the region. The risk of attack, faced by regional enterprises, is higher than the global average,” said William Woo, Managing Director, Enterprise Data and Managed Services at Singtel. 

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.