Ransomware made up 58% of cyber incidents in 2025

Singapore Business Review
2026.05.13 22:00
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Ransomware constituted 58% of cyber incidents in Singapore in 2025, according to Check Point Software Technologies. The report noted over 130 major incidents, with more than 60 ransomware cases attributed to groups like Qilin and Lynx using double-extortion tactics. Government sites were primarily targeted, with 44% of denial-of-service victims in the sector. Business services and retail were also heavily affected, with retail accounting for 42% of breach incidents. Check Point warned that AI-driven scams and nation-state activities could increase risks in 2026.