Singapore: 76% of executives believe existing cyber defences can avert cyber attacks
Source: Asia Insurance Review | Oct 2024
Beazley’s recent survey of 3,500 global business leaders has revealed that despite the growing risk landscape, only 24% of executives based in Singapore ranked cyber as their top risk this year.
As cyber criminals continue to devise and hone their attack tactics firms need to be on the front foot with their cyber resilience, so it is concerning that 76% of the Singapore-based executives surveyed believe that their existing cyber defences are currently sufficient to deal with a cyber attack, says Beazley in its report, “Spotlight On Cyber & Technology Risk 2024—Resilience in a game-changing environment”. A