V-Key Daily Fact:


  • The number of denial-of-service (DoS) or distributed-denial-of-service (DDoS) cyberattacks doubled from 3% to 6% in 2016, due to the lack of sufficient security controls of Internet-connected Internet of Things (IoT) devices. 

    Source: Networks Asia

  • As at end of 2016, the number of Internet banking subscribers in Malaysia increased to 22.8 million representing, 71.9 per cent of the total population (2011: 11.9 million), while the number of mobile banking subscribers rose to 8.9 million (2011: 1.6 million).

    Source: Intellex Asia 

  • Over the last year, the number of digital consumers in Southeast Asia has surged 50 percent to 200 million, which has helped region’s internet economy balloon to more than $50 billion.

    Source: Networks Asia

  • A February report by the Anti-Phishing Working Group (APWG) - a global coalition of companies, governments, and law enforcement units - revealed that the number of phishing attacks hit a record 1.22 million last year, up 65 per cent from 2015.

    Source: Straits Times

  • in 2017, about 8 per cent of Singapore's infocomm technology budget has been set aside for cyber security spending to plug gaps in critical infrastructure, up from about 5 per cent. In fiscal 2014, Singapore spent $408.6 million on cyber security.

    Source: Straits Times 

  • As of May 2017, there are 2 billion active Android devices around the world, which have downloaded over 82 billion apps over the past 12 months.

    Source: Talk Android

  • Asean internet economy worth $50B, home to 230M digital consumers; number of digital consumers in Southeast Asia has climbed 50 percent over the past year to 200 million, fuelling a US$50 billion internet economy that is big on social media and games.

    Source: ZDNet

  • During the Bahrain Cybersecurity Seminar, V-Key's Chief Security Architect stressed on the global impact of recent cyber-attacks that was hidden from public awareness, and stressed the need to establish more powers to fend off cyber crime.

    Source: GDN Online

  • Chan Chun Sing announced the partnership with Tech in Asia at the TIAsg2017 event, in support of startups in Singapore. 3 main points in his message -
    1: right regulations 
    2: right connectivity 
    3: right focus

    Source: Tech in Asia Singapore 2017 Keynote by Mr Chan Chun Sing, Secretary-General of the National Trades Union Congress (NTUC)  

  • Asia Pacific enterprises are slightly behind global counterparts in terms of digital business maturity, with 20% of Asia Pacific CEOs describing their enterprise as "digital to the core," compared with 22% globally.

    Source: Gartner, via Digital News Asia