Ransomware now top concern instead of phishing: PwC | #hacking | #cybersecurity | #infosec | #comptia | #pentest | #ransomware

Ransomware appears to
have overtaken phishing as the no.1 cyber threat for Macau internet users, a
PwC representative has warned.

The warning comes from
Kok Tin Gang, partner at PwC’s cyber security & privacy practice, who on
Tuesday delivered a talk on industry developments in cybersecurity at the Macau
University of Science and Technology.

Talking to Macau News Agency, Kok said that malicious attempts to compromise the integrity and security of the city’s computer systems had come from different directions worldwide, emphasising the internet as “one whole realm without borders”.

“The cyberspace is
open. Whether I am in the United States, Russia, China, or Japan, a hacker is
able to access the internet here in Macau, Hong Kong, or even Singapore,” he

“A weak server is susceptible to attacks. It has nothing to do with geography.”

According to the provider of professional services, ransomware accounted for the majority of the previous cases that required its technological solutions, with between 50 and 60 incidents handled annually.

PwC has so far provided managed security services, or MSSs, for 20 enterprises or organisations in the city, including government agencies.

The MSSs refer to the outsourcing of security operations and management to a third-party.


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National Cyber Security