Ransomware: ASEAN Leaders Should Seize the Momentum

Sithuraj Ponraj

27 October 2021

Increasing ransomware attacks have the potential to undermine daily lives by crippling critical infrastructure and disrupting essential services. ASEAN’s increasingly integrated digital economy makes it especially susceptible to fallout from such potential attacks. As ASEAN leaders meet in summit this week, they should take decisive measures to address the ransomware scourge.

RANSOMWARE WAS high on the agenda at the Singapore International Cyber Week and GovernmentWare (GovWare) Conference held earlier this month from 4-8 October. Will it be among the talking points on cybersecurity of ASEAN leaders who are meeting virtually in summit this week, hosted by Brunei as ASEAN chair?

Recent high profile ransomware attacks across the world against energy grids, water plants, government agencies, hospitals as well as major fuel and food suppliers have highlighted the damage that can be done by malicious actors when they gain access to computer networks and lock their owners out until they pay a ransom. Such attacks have the potential to cripple critical infrastructure, disrupt the delivery of essential services and affect the functioning of a large number of businesses across geographic boundaries at the same time.

Read the rest at https://www.rsis.edu.sg/rsis-publication/cens/ransomware-asean-leaders-should-seize-the-momentum



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