Singapore's DBS, BoC customer data at risk after ransomware attack on vendor
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 07 2025
0mins
Source: Reuters
Ransomware Attack Impact: A ransomware attack on Toppan Next Tech has potentially compromised customer information from Singapore's DBS Group and Bank of China, affecting around 8,200 and 3,000 clients respectively, with exposed data including names, addresses, and loan account numbers.
Response and Investigation: Both banks confirmed their systems remain secure and customer funds are safe; the Monetary Authority of Singapore is working closely with them to manage the situation, while the Cyber Security Agency is assisting in the investigation.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.








