Technology is evolving rapidly in unthinkable ways. Amazing tools and resources are created by technology, resulting in many new ways of how we can stay connected with our families and friends. Along with this positive development, new types of cybersecurity risks have also begun to evolve and grow.Facebook is the largest social media network with 2.41 billion active users all over the world.
Vietnam’s growing reputation for cyber espionage has seen cybersecurity firms accuse the country’s state-sanctioned hackers of being responsible for attacks on everything from Toyota to the ASEAN Secretariat.While China, Russia, Iran and North Korea have long been the world’s most active state-sanctioned cyber espionage players, Vietnam is increasingly being implicated for similar activities.Vietnam was the fourth biggest source of credential stuffing last year – a sophisticated strike where
Credential stuffing has the potential to wipe out bank accounts and steal identities – and Southeast Asia is one of the biggest culprits.A sophisticated strike where hackers use specialised software to launch multiple automatic attempts to log into a website or app using stolen usernames and passwords, the term “credential stuffing” is widely credited to Sumit Agarwal, the co-founder of cybersecurity firm Shape Security who coined it when serving as the United States’ Deputy Assistant Secreta
Among all ASEAN member countries, the Philippines is said to be the most susceptible to cyberattacks. Despite the dire warnings, the republic’s media and entertainment giant ABS-CBN still fell victim to a hack recently.
Cybersecurity firm FireEye made Malaysian businesses anxious when it warned they could be the next targets of state-sponsored hackers. The new Malaysian government’s unfavourable stance towards China’s Belt and Road Initiative (BRI) projects may attract the attention of cyber espionage hackers.FireEye said in a statement that its analysts observed a pattern of targeting by China-based groups and others against organisations with links to the BRI.
Singapore’s status as a hyperconnected financial hub makes it a prime target for hackers, and recently reported attacks have intensified the focus on cyber security as it pushes to become one of the world’s leading technology hubs.In what local media have been calling the largest data breach in the country’s history uncovered last month, hackers stole information on 1.5 million patients including Prime Minister Lee Hsien Loong during an attack on Singapore’s biggest public health-care group,