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E-commerce, travel, supply chain are at-risk industries this holiday season

The Edge Singapore
The Edge Singapore11/9/2021 1:25 PM GMT+08  • 2 min read
E-commerce, travel, supply chain are at-risk industries this holiday season
Why are these industries prime targets for cyber criminals and what can they do to protect themselves this holiday season?
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More needs to be done by Singapore organisations to protect themselves.

Nearly nine in 10 (89%) local firms experienced increased cyber threats during Covid-19, and 62% suffered downtime due to a cyber concern, costing some over US$100,000. Yet, 31% of them have had their technology and security budgets reduced.

The “Cybercrime in a Pandemic World: The Impact of COVID-19” study by cybersecurity firm McAfee Enterprise and FireEye also reveals that e-commerce, travel, and supply chain are at-risk industries this holiday season.

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