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<ul><li>Singapore warns businesses of Akira ransomware targeting over 250 organizations globally, now focusing on Singapore.</li><li>Akira ransomware has extorted $42 million in ransoms in a year, shifting its attacks to Singaporean companies.</li><li>Recommended defenses include multifactor authentication, network traffic filtering, and system-wide encryption.</li></ul>Singaporean authorities have warned local businesses of the growing threat posed by the Akira ransomware, a variant known for targeting over 250 organizations across North America, Europe, and Australia. The ransomware group behind Akira has now set its sights on businesses in Singapore, as <a href="https://x.com/CSAsingapore/status/1799304478434472418" rel="noopener noreferrer nofollow">confirmed</a> by the Cyber Security Agency of Singapore, the Singapore Police Force, and the Personal Data Protection Commission.Akira&#39;s Increasing Attack and TacticsThe Akira ransomware has made significant strides in its operations, <a href="https://www.csa.gov.sg/docs/default-source/publications/singcert/2024/joint-technical-advisory-on-akira.pdf?sfvrsn&#61;1c1ba635_1" rel="noopener noreferrer nofollow">amassing</a> $42 million in ransoms within a year. Initially, it targeted organizations in North America, Europe, and Australia. However, it has recently begun focusing on Singaporean businesses. According to the FBI, which has been investigating Akira’s activities, the ransomware group has evolved its tactics to target both Windows and Linux systems through a &#34;ransomware-as-a-service&#34; (RaaS) model.<a href="https://cryptotale.org/singapore-warns-of-rising-threat-from-akira-ransomware-targeting-firms/" rel="noopener noreferrer nofollow">Read more on CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Singapore Warns of Rising Threat from Akira Ransomware Targeting Firms

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