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Ransom for reputation and AI-based cyberattacks to be on the rise in Singapore

Nurdianah Md Nur
Nurdianah Md Nur • 3 min read
Ransom for reputation and AI-based cyberattacks to be on the rise in Singapore
CSA will launch a scheme for SMEs and a new national cybersecurity campaign later this year to strengthen collective cybersecurity posture. Photo: Pexels
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The Cyber Security Agency of Singapore (CSA) has released a Singapore Cyber Landscape (SCL) 2022 report to provide an overview of the local cyber threat landscape. It advises organisations to look out for new cyberattack trends.

The first trend is ransom for reputation. As more people are willing to accept the news of a data breach at face value, bad actors are turning their focus to data exfiltration and public shaming on “leak sites”. They might also conjure fictional breaches by publicising repackaged data from prior breaches or information fused through open-source data scraping.

AI-driven cyber attacks are another upcoming trend. As artificial intelligence (AI) becomes more accessible and advanced, cyber attackers may leverage such technology for their nefarious activities, such as launching highly-targeted spear-phishing campaigns.

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