A quarter of all cyber-attacks in the Asia-Pacific region are motivated by espionage according to figures released by Verizon Business.
This contrast sharply with that of Europe and North America, at 6% and 4% respectively and shows data harvesting and scraping is a continued threat to businesses of all sizes.
Veracity Trust Network’s APAC team has been attending and speaking at the ASEAN Japan Cybersecurity Community Alliance Conference this week.
Held at the Suntec Singapore Conference and Exhibition Centre, Veracity Trust Network was the Platinum Sponsor for the AJCCA event.
There are exciting times ahead in Viet Nam as the 5th Ho Chi Minh City Economic Forum opened this week looking at industrial transformation goals.
Viet Nam’s Prime Minister Phạm Minh Chính officially inaugurated the Viet Nam Center for the Fourth Industrial Revolution (C4IR) at Sai Gon Hi-Tech Park as part of the opening events.
AI in cybercrime has become a powerful new weapon for scammers and many people are falling for sophisticated schemes that use stolen identity data.
A PwC report, in collaboration with Stop Scams UK, published last December found identifying the scale of AI use by scammers is a difficult task. Voice cloning has become a growing concern for the authorities when it comes to ransomware scams.
Rule changes surrounding cyber risks which have already seen Uber’s former CISO sentenced to three years’ probation should be of concern to all C-Suite executives.
Joseph Sullivan, Uber’s former chief information security officer, was found guilty of paying hackers $100,000 (£79,000) after they gained access to 57 million records of Uber customers, including names and phone numbers.
Businesses need to be aware that their data could be at risk if they use third party providers in their supply chain.
A spate of recent cyber-attacks on supply chain providers has seen sensitive data leaked or held to ransom from organisations including the Ministry of Defence, The Metropolitan Police, and a significant number of charities.
The UK’s critical national infrastructure (CNI) consists of the most important systems in the country – responsible for keeping the economy functioning and supplying services to homes and businesses.
Recent changes in the geopolitical environment, including the ongoing war in Ukraine, the rise of state-aligned groups around the globe and an increase in aggressive cyber activity, means the threat status for the UK’s CNI has heightened.
Veracity Trust Network recently hosted an event in Singapore in partnership with Asia Market Entry at the Boat Quay.
The event was attended by Veracity Trust Network’s CTO Stewart Boutcher, his second visit to the region in recent weeks, and was an introduction to Singapore’s Martech, AdTech and Cyber communities.
The UK reached its highest level of ransomware attacks in 2022 according to figures available from the Information Commission’s Office – at 34% of all reported cybercrime.
Criminals compromised data on potentially more than 5.3 million people from over 700 organisations according to the Data security incident trends report released by the ICO, covering the period up to Q3 2023.
One of the biggest takeaways from the UK AI Summit was the signing of a declaration establishing a shared understanding of the opportunities and risks posed by frontier AI.
Almost 30 countries, including the UK, the US, Australia and China, along with the European Union, signed the Bletchley Declaration, which recognises the need for governments to work together to meet the most significant AI challenges.
Veracity Trust Network’s CTO Stewart Boutcher has been in Singapore and Malaysia as part of a UK Trade Delegation attending GovWare.
GovWare, the Asian region’s premier cybersecurity information and connectivity platform, offers multi-channel touchpoints to drive community intel sharing, training and strategic collaborations and takes place alongside Singapore International Cyber Week.
With machine learning – and the looming disruptive potential of quantum computing on the horizon – where are we with AI in the UK?
We have seen huge breakthroughs in the use and application of artificial intelligence in recent years but there are also major concerns about its future impact – witness the current SAG-AFTRA and Writers Guild of America strike, which is partially about wanting regulations for how AI content can be used.
Award-winning malicious bot protection.
Cyber Award Winner 2021
AI-Enabled Data Solution of the Year – DataIQ Awards 2023 Finalist
Tech Innovation of the Year Winner – Leeds Digital Festival Awards
Cyber Security Company of the Year – UK Business Tech Awards 2023 Finalist
Best Use of AI – Tech Awards 2023 – Highly Commended
UK’s Most Innovative Cyber SME 2024 –
Runner Up
