Cybersecurity risks are on the rise following digital transformation and remote work pursued by organisations in the wake of the pandemic, according to Trend Micro, a global cybersecurity company.
In addition, the rise of online food ordering, e-commerce and telehealth has fuelled concerns about data theft.
“Because of the big digitalisation happening, there is a big surge in cybersecurity breaches and big attacks,” Nilesh Jain, Trend Micro’s vice-president for Southeast Asia and India, said in virtual press briefing. “This causes customer concerns about their cybersecurity posture.”
Global funding for startups linked with cybersecurity is now surging.
In the first half of this year, US$9 billion flooded into the sector with 309 deals reached — more than double the $4.4 billion the industry realised in the same period of 2020.
In the second quarter, another $5.2…
