Search Results for: cybersecurity

In a significant move towards bolstering cybersecurity within Malaysia’s financial sector, Bank Negara Malaysia (BNM) and CyberSecurity Malaysia have recently formalized a Memorandum of Understanding (MoU). This strategic collaboration aims to address the growing challenges posed by the rapid digitalization of financial services in the country. Strengthening BNM & CyberSecurity Malaysia The formalization of the […]

According to a recent report by Experian, 2024 is shaping up to be a record-breaking year for data breaches. This forecast comes on the heels of 2023, which was already marked as a ‘successful’ year for malicious actors. So, what’s driving this surge in cyber threats, and how can we safeguard against them? Escalating Threats […]

In the fast-paced realm of technology, the accelerated growth of AI advancements is both a boon and a potential bane. While these advancements promise groundbreaking applications, they also raise concerns about an upsurge in cyberattacks and the potential ease of entry for less sophisticated hackers. In this blog post, we’ll explore the dual impact of […]

In an era dominated by digital transformation, cyber risks in banking sector finds itself at the forefront of technological advancements. However, this progress comes hand in hand with a surge in cyber risks, posing unprecedented threats to financial institutions globally. In this blog post, we explore the escalating cyber risks for banks, emphasizing the critical […]

In a groundbreaking decision, the Malaysian Cabinet has announced the strategic placement of Digital Nasional Bhd (DNB), CyberSecurity Malaysia (CSM), and the Malaysian Administrative Modernisation and Management Planning Unit (MAMPU) under the Digital Ministry. This move, revealed by Unity Government spokesman Fahmi Fadzil, signifies a bold step towards harnessing the full potential of digital transformation […]

The digital age has revolutionized the way we live, work, and interact, but it’s also brought along unprecedented challenges in the realm of cybersecurity. A recent incident in Malaysia has raised concerns and shed light on the persistent threat of cybercrime: a 24-year-old IT expert arrested on suspicion of hacking and selling sensitive data belonging […]

The intersection of cybersecurity and digital transformation has become a focal point in contemporary discourse. As various sectors rapidly embrace digitalization, the criticality of safeguarding digital infrastructures against cyber threats has garnered heightened attention. In this context, Gobind Singh Deo, a prominent figure in advocating for cybersecurity measures, has gained significant traction. Experts and thought […]

In a recent development, the Japan Association of New Economy (JANE) has collaborated with major players in the U.S. tech industry to caution the European Union regarding proposed cybersecurity labeling regulations. This collective stance, conveyed through a formal letter addressed to the EU industry chief, emphasizes concerns about potential restrictions that could impede their market […]

Malaysian Cybersecurity Professionals Malaysia, like many other countries, had a cybersecurity professional shortage. Because of the growing demand for cybersecurity specialists in both the public and private sectors, this shortage has become a global issue. Are you ready to take the next step? More information and an application can be found at: https://bigdomain.my/cyberprotect/ There was a […]