Cybersecurity News in Asia

RECENT STORIES:

SEGA moves faster with flow-based network monitoring
Tencent Cloud Cube Sandbox Goes Fully Open-Source, with Five Major Bre...
Sparrow to Demonstrate AI-Driven Security and SBOM Management at Black...
Relativity to Establish Singapore Entity, Expanding APAC Footprint
Cohesity Appoints Nigel Lee as Technical Sales Leader, Asia Pacific an...
Akuvox Launches AKClaw Panel: The World’s First Indoor Monitor O...
LOGIN REGISTER
CybersecAsia
  • Features
    • Featured

      How AI is supercharging insider threats

      How AI is supercharging insider threats

      Wednesday, April 15, 2026, 12:29 PM Asia/Singapore | Features
    • Featured

      Q-Day is coming. Are you ready?

      Q-Day is coming. Are you ready?

      Tuesday, April 14, 2026, 12:40 PM Asia/Singapore | Features
    • Featured

      How lean defence teams turn endpoint insights into measurable risk reduction

      How lean defence teams turn endpoint insights into measurable risk reduction

      Monday, April 13, 2026, 3:15 PM Asia/Singapore | Features
  • Opinions
  • Tips
  • Whitepapers
  • Awards 2025
  • Directory
  • E-Learning

Select Page

News

Cyber fraud tops ransomware in WEF cybersecurity outlook

By CybersecAsia editors | Wednesday, January 14, 2026, 3:29 PM Asia/Singapore

Cyber fraud tops ransomware in WEF cybersecurity outlook

The agency’s global survey suggests that, as AI vulnerabilities surge, geopolitical risks could erode national confidence levels.

The World Economic Forum’s Global Cybersecurity Outlook 2026, drawing from a survey of 804 leaders across 92 countries, has highlighted a rapidly evolving threat environment where cyber-enabled fraud now outranks ransomware as the leading concern for chief executives.

Released on 11 January ahead of the Davos meeting scheduled for 18–22 January, the analysis indicates that 73% of respondents or their contacts had faced such fraud in 2025, with phishing and scams hitting record levels and eroding economic trust. This shift underscores how digital crimes now directly impact households and markets, prompting CEOs to prioritize fraud over traditional threats such as ransomware, which CISOs still view as pressing alongside supply chain weaknesses.

AI stands out as the dominant force driving cybersecurity changes, with 94% of respondents anticipating its profound influence in 2026. While AI bolsters defenses through quicker detection, it also amplifies attacks, as 87% had noted rising vulnerabilities last year — faster than any other risk category. Also:

  • Data exposure from generative tools emerged as the top AI worry (34%), edging out enhanced attacker skills (29%), leading organizations to ramp up evaluations: 64% now scrutinize AI security, nearly double the 2025 figure of 37%.
  • Geopolitical tensions exacerbate these issues, shaping strategies for 64% of respondents preparing for state-linked disruptions to infrastructure or espionage. Among large enterprises, 91% had overhauled approaches due to global instability, yet faith in national responses was waning — 31% felt confident overall, with stark regional gaps from 84% in the Middle East/North Africa to 13% in Latin America/Caribbean. Public sector groups reported the lowest readiness at 23%.
  • In the data, supply chain opacity compounds vulnerabilities, named the biggest hurdle by 65% of respondents from top-revenue firms. WEF Managing Director Jeremy Jurgens has warned that interconnected risks demand unified action from governments, firms, and tech providers to foster resilience in an AI-fueled world.

Despite divides in resources and expertise, the report* positions cybersecurity as a collaborative arena for progress amid uncertainty.

*With notable limitations of self-reported executive responses, partial methodological transparency, absence of statistical margins, over-representation of large enterprises, and other issues

Share:

PreviousAI agent autonomy risks demand guardrails and human oversight
NextHow AI is supercharging state-sponsored threat actors in Asia Pacific

Related Posts

ICS attacks on critical infrastructure on the rise in H1 2021: report

ICS attacks on critical infrastructure on the rise in H1 2021: report

Thursday, August 19, 2021

An antimalware scan interface that has been outlived its usefulness

An antimalware scan interface that has outlived its usefulness

Friday, June 4, 2021

Know the top six identity security issues in the new reality of hybrid-work

Know the top six identity security issues in the new reality of hybrid-work

Tuesday, September 6, 2022

Server configuration error silences world’s largest social media network for 6 hours

Server configuration error silences world’s largest social media network for 6 hours

Friday, October 8, 2021

Leave a reply Cancel reply

You must be logged in to post a comment.

Voters-draw/RCA-Sponsors

Slide
Slide
Slide
Slide
Slide
Slide
Slide
Slide
Slide
Slide
Slide
Slide
Slide
Slide
previous arrow
next arrow

CybersecAsia Voting Placement

Gamification listing or Participate Now

PARTICIPATE NOW

Vote Now -Placement(Google Ads)

Top-Sidebar-banner

Whitepapers

  • Closing the Gap in Email Security:How To Stop The 7 Most SinisterAI-Powered Phishing Threats

    Closing the Gap in Email Security:How To Stop The 7 Most SinisterAI-Powered Phishing Threats

    Insider threats continue to be a major cybersecurity risk in 2024. Explore more insights on …Download Whitepaper
  • 2024 Insider Threat Report: Trends, Challenges, and Solutions

    2024 Insider Threat Report: Trends, Challenges, and Solutions

    Insider threats continue to be a major cybersecurity risk in 2024. Explore more insights on …Download Whitepaper
  • AI-Powered Cyber Ops: Redefining Cloud Security for 2025

    AI-Powered Cyber Ops: Redefining Cloud Security for 2025

    The future of cybersecurity is a perfect storm: AI-driven attacks, cloud expansion, and the convergence …Download Whitepaper
  • Data Management in the Age of Cloud and AI

    Data Management in the Age of Cloud and AI

    In today’s Asia Pacific business environment, organizations are leaning on hybrid multi-cloud infrastructures and advanced …Download Whitepaper

Middle-sidebar-banner

Case Studies

  • Cyber protection for medical clinics in Singapore

    Cyber protection for medical clinics in Singapore

    As Singapore’s healthcare sector becomes increasingly digital and interconnected, clinics are facing heightened cyber risks, …Read more
  • India’s WazirX strengthens governance and digital asset security

    India’s WazirX strengthens governance and digital asset security

    Revamping its custody infrastructure using multi‑party computation tools has improved operational resilience and institutional‑grade safeguardsRead more
  • Bangladesh LGED modernizes communication while addressing data security concerns

    Bangladesh LGED modernizes communication while addressing data security concerns

    To meet emerging data localization/privacy regulations, the government engineering agency deploys a secure, unified digital …Read more
  • What AI worries keep members of the Association of Certified Fraud Examiners sleepless?

    What AI worries keep members of the Association of Certified Fraud Examiners sleepless?

    This case study examines how many anti-fraud professionals reported feeling underprepared to counter rising AI-driven …Read more

Bottom sidebar

Other News

  • Tencent Cloud Cube Sandbox Goes Fully Open-Source, with Five Major Breakthroughs Enabling Large-Scale Agent Deployment

    Thursday, April 23, 2026
    Tencent Cloud’s Cube Sandbox goes …Read More »
  • Sparrow to Demonstrate AI-Driven Security and SBOM Management at Black Hat Asia 2026

    Wednesday, April 22, 2026
    SINGAPORE, April 21, 2026 /PRNewswire/ …Read More »
  • Relativity to Establish Singapore Entity, Expanding APAC Footprint

    Wednesday, April 22, 2026
    News Summary:  Relativity plans to …Read More »
  • Cohesity Appoints Nigel Lee as Technical Sales Leader, Asia Pacific and Japan (APJ)

    Wednesday, April 22, 2026
    SINGAPORE, April 21, 2026 /PRNewswire/ …Read More »
  • Akuvox Launches AKClaw Panel: The World’s First Indoor Monitor Optimized for Native OpenClaw™ Execution

    Tuesday, April 21, 2026
    XIAMEN, China, April 21, 2026 …Read More »
  • Our Brands
  • DigiconAsia
  • MartechAsia
  • Home
  • About Us
  • Contact Us
  • Sitemap
  • Privacy & Cookies
  • Terms of Use
  • Advertising & Reprint Policy
  • Media Kit
  • Subscribe
  • Manage Subscriptions
  • Newsletter

Copyright © 2026 CybersecAsia All Rights Reserved.