idg connect – dan swinhoe (asia)- why cyber-crime in singapore is a goldmine

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  • 7/29/2019 IDG Connect Dan Swinhoe (Asia)- Why Cyber-Crime in Singapore is a Goldmine

    1/21/2www.idgconnect.com/blog-abstract/634?preview=true&region=idgconnect

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  • 7/29/2019 IDG Connect Dan Swinhoe (Asia)- Why Cyber-Crime in Singapore is a Goldmine

    2/22/2www.idgconnect.com/blog-abstract/634?preview=true&region=idgconnect

    Social media-b ased crime is on the rise, with people suffering account hacks, scams or fake link s, while 31% of

    mob ile users in Singapore have received a text message from someone they did not k now requesting that they

    click on an emb edded link or dial an unknown number to retrieve a "voicemail". Mobiles are a b ig source of

    crime, and with smartphone sales up 78% across the whole South East Asia region on 2011, chances are this

    trend will increase, especially with so many new pieces of Andriod malware being released. Part of the problem is

    that 70% of adults do not use a security solution for their mobile device, and up to 43% are not aware that security

    solutions for mobile devices even exist. Education on technology is normally of a very good quality so that figure is

    surprising.

    Though Singapore isn't as badly affected b y cybercrime as some countries- the people being affected are losing

    out because they aren't being careful enough. Cyber crim inals prey on people who don't pay proper care an

    attention to the security of their devices, and despite all the technology people can put in place, the only way the

    cost of cyber-crime can be reduced is through better education and awareness.

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