The Philippines recorded 15,312 ransomeware incidents in 2023, ranking fourth in Southeast Asia (SEA), according to Kaspersky.
Ransomware targeting businesses in SEA last year was highest in Thailand with 109,315 incidents blocked by Kaspersky. Indonesia trails closely with 97,226 ransomware attacks and Vietnam with 59,837.
The Philippines came fourth with 15,312 malicious encryptors, followed by Malaysia with 4,982 and Singapore with 741.
Ransomware became a constant subject of news headlines across SEA last year. High-profile incidents involve a bank in Indonesia, a public health insurer in the Philippines, a public train transportation system in Malaysia, a famous hotel and casino in Singapore, the largest media conglomerate in Thailand and an energy company in Vietnam.