Menon said that digitisation and automation are gathering pace and many global financial institutions have been downsizing and restructuring their operations.
The Singapore Computer Emergency Response Team (SingCert) has warned Microsoft Windows users to update their desktop computers to avoid the Petya ransomware.
While service to most NHS hospitals has been restored following the unprecedented ransomware attack on organizations worldwide, Theresa May highlighted the dedication of NHS staff during the incident. She also defended the decision not to chair a Cobra meeting, leaving Home Secretery Amber Rudd to deal with the aftermath of the cyberattack.
As many as 45 NHS facilities were hit by a ransomware cyberattack on 12 May. The computer virus locked patient files, leaving healthcare services unable to treat many people.The Wanna Decryptor malware demanded $300 to unlock each computer. The virus may have exploited a Microsoft Windows flaw. Computers in up to 100 countries have been affected.It is unclear who is responsible, but the attack is believed to be criminal in nature, and not connected to a state actor.
After a global ransomware attack that compromised as many as 45 NHS hospitals in England and Scotland, Home Secretary Amber Rudd has stressed that patient data has not been accessed, but said that NHS trusts need to learn lessons from the experience.
During the raid of a known cyberxex Den in Bacolod City, four minors who were also rescued and were brought to a shelter of abused children for debriefing.