APAC logs more cyber claim notifications in 2024

Cyberattack rate also increased in the region.

File photo: AI-generated image of an AI cyberattack in the Philippines

Advancements in AI fuel the number of incidents

The Asia Pacific region saw a 22 percent jump in its number of cyber claim notifications in 2024, Inquirer.net reported, citing the 2025 Cyber Risk Report of Aon plc.

The report said APAC’s cyber incident frequency also increased 29 percent last year and 134 percent over the past four years. Blame this on the rising frequency and sophistication of cyber incidents.

For instance, AI-driven deepfake attacks increased social engineering incidents by 53 percent, fueling social engineering and fraud claims by 233 percent.

READ: Reminder: Don't fall victim to AI videos containing fake information

For this year, Adam Peckman, head of risk consulting and cyber solutions in Asia Pacific and global head of cyber risk consulting at Aon, expects global and regional geostrategic tensions to remain a key driver of cyber risk for APAC companies.

This trend is likely to accelerate with nation-state-backed threat actors continuing to employ cyber campaigns to facilitate conflicts or instigate grey-zone operations for the purposes of economic coercion, corporate espionage, or to harm regional rivals by targeting strategically important economic infrastructure, he noted.

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Via: Inquirer