Singapore's Cybersecurity Agency warns businesses of Bitcoin ransomware risks

Singaporean authorities, including the Singapore Cyber Security Agency, have issued a joint warning to remind local businesses of the increasing threat posed by the Akira ransomware variant. The warning states that the Akira ransomware has stolen $42 million from over 250 organizations in North America, Europe, and Australia in the past year, and is currently actively targeting Singaporean businesses.