Rising cyber threats challenge Southeast Asia’s booming digital economy

According to recent research by Google, Bain, and Temasek, Southeast Asia, buoyed by some of the biggest and most rapidly expanding digital economies worldwide, is on course to generate US$100 billion in revenue by the end of 2023.

The move towards digital is a vital part of the national strategy in key Southeast Asian economies like Singapore; its digital economy made up almost 20% of its GDP in 2022.

However, the swift digitisation has drawn the attention of cyber criminals, turning Southeast Asia into a cyber crime hotspot. A…