Singapore Sees 300% Yearly Spike in Q1 Cryptojacking Attacks Amid COVID-19

[Oxumare]

The first quarter of 2020 saw ransomware attacks targeting devices in Singapore spike by four-fold compared with last year.

Data published by Russian cybersecurity firm Kaspersky indicates that Singapore has seen a significant increase in the prevalence of attempted cryptojacking attacks during the first quarter of 2020.

Kaspersky estimates that 11,700 attacks were attempted on devices located in Singapore from January until March — up from 2,900 as of the first Q1 2019.

Kaspersky asserted that the spike in attacks is the highest percentage increase posted within the South-East Asian region.

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