Singapore firms see high rate of security incidents, but struggle to respond promptly

Written by , Contributor Eileen Yu Contributor

Eileen Yu began covering the IT industry when Asynchronous Transfer Mode was still hip and e-commerce was the new buzzword. Currently an independent business technology journalist and content specialist based in Singapore, she has over 20 years of industry experience with various publications including ZDNet, IDG, and Singapore Press Holdings.

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A higher number of organisations in Singapore are experiencing at least six cybersecurity incidents in the past year, compared to their counterparts across 10 other global markets. However, just 49% in the Asian nation are able to respond to a threat within 24 hours, compared to the global average of 70%. 

Some 65% of organisations in Singapore saw at least six security incidents, which was the highest amongst the 11 markets surveyed in a study commissioned by Infoblox that polled 100 respondents in the country. Globally, 46% of organisations encountered at least six security incidents. 

Conducted by CyberRisk Alliance’s Business Intelligence Unit, the survey had a total of 1,100 respondents from markets that also included Australia, Germany, the US, and UK.

In Singapore, 73%

Read More: https://www.zdnet.com/article/singapore-firms-see-high-rate-of-security-incidents-but-struggle-to-respond-promptly/#ftag=RSSbaffb68