Press Releases
Joint Media Release on Ransomware Attack on Toppan Next Tech
7 April 2025
The CSA and MAS are addressing a ransomware attack on Toppan Next Tech that compromised customer data from DBS and Bank of China. While login credentials remain secure, affected banks have implemented enhanced account monitoring and are notifying customers. The CSA is currently assisting with investigations and containment while advising firms to strengthen their cyber defenses.
1 The Cyber Security Agency of Singapore (CSA) and the Monetary Authority of Singapore (MAS) are aware of a ransomware attack reported by Toppan Next Tech (TNT) to the Personal Data Protection Commission on the evening of 6 April 2025.
2 The attack has led to customer information from DBS Bank and Bank of China Limited, Singapore branch, being extracted by the threat actor. No customer log-in information has been compromised.
3 CSA is aiding TNT in their investigations and is advising them on containment measures. MAS is in close engagement with the affected banks on their risk mitigating measures and follow-up with customers. The impacted banks have placed the relevant accounts on enhanced monitoring, and are contacting affected customers as a matter of priority.
4 Ransomware threats are increasing in frequency and sophistication. CSA advises organisations to refer to CSA’s advisory for prevention and mitigation measures to deal with ransomware (link here).
For media enquiries, please contact:
Tan Yi Shu
Senior Manager, Comms & Engagement Office, CSA
H/P: 9741 3025
Email: tan_yi_shu@csa.gov.sg
Jacqueline Ong
Deputy Director (Communications), MAS
Tel: (65) 6229-9159
Email: jacqueline_ong@mas.gov.sg