"Our findings demonstrate the headlines rattled people's trust in online activity, but the threat of cybercrime hasn't led to widespread adoption of simple protection measures people should take to safeguard their information online," he added.
Staying safe online
Worryingly, only one in 10 Singaporeans (11 percent) said they feel completely in control over their online security. Additionally, only 19 percent said they are confident of dealing with online crime should they fall victim to it.
Following these findings, Norton shared a couple of tips for users to stay safe online:
- Choose a unique, smart, secure password for each account you own.
- Delete emails from unknown senders, and do not click on suspicious links or attachments.
- Be wary of "too good to be true" deals on social media, and be careful when clicking on links from social media sites. Before clicking, hover the mouse over the link first to see its destination; and only click on it if it leads to a reputable and official company page.
- Always monitor your financial accounts for unusual activity. If there is a charge that you didn't make, report it immediately. Often, cybercriminals will charge a small "test" amount before attempting to drain your bank account.
- Do not put off installing security software, and ensure that it is updated regularly.
- Use a secure backup solution to protect files, and back it up regularly so criminals can't hold them for ransom.
- Report cybercrime to the cyber cell or local police if you have been affected by cybercrime or identity theft.
Sign up for CIO Asia eNewsletters.