From costly ransoms to data exposure, victims often take years to recover from the monetary, reputational and operational impact. The challenge will be greater as ransomware and extortion threats morph to include multiple attacks and threaten data backups, for example.
For organizations in Singapore, this whitepaper explores the readiness, impact, and response strategies that organizations should employ to better defend against the persistent ransomware threat.
It analyzes the updated regulatory landscape in the country and provides guidance for best-practice adoption to ensure compliance with regulations such as the Cybersecurity Act 2018 which regulates operators of Critical Information Infrastructure (CII) and the Personal Data Protection Act (PDPA) which relates to private data of individuals in the country.