Asia

Singapore Jails Six Insurance Brokers For Tax Evasion

Six Singapore insurance brokers were found guilty of tax fraud after the court discovered that they reported fake business costs to decrease their income taxes by about SG$100,000. Today reported that the former Great Eastern Financial Advisers representatives all acknowledged to entering fraudulent entries in order to avoid paying taxes. Each of the six agents …

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New Research Exposes Top Cyber Incidents

Coalition’s newly released 2022 Cyber Claims Report shows that fewer claims were made in the first half of this year because both the number and severity of ransomware attacks went down. However, this does not mean that organizations are safe. Demands for ransomware fell from $1.37 million in the second half of 2021 to $896,000. …

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