Ransomware threats mean SMBs must focus on cyber basics

In the first half of 2020, South-East Asia saw a 64% decline year-on-year in ransomware attacks, according to figures from Kaspersky Lab, including a massive 90% drop in Singapore.

Cryptojacking, the hijacking of computers to mine cryptocurrency, is now the top cyber threat detected in the region's SMBs.

But both threats can be countered by concentrating on cybersecurity basics such as the Australian Signals Directorate's Essential Eight strategies.

More Asian SMB focus on security

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