67% of Malaysian Organizations Think They’ll Be Breached in 2022
Trend Micro Incorporated, a global cybersecurity leader, today announced the findings of its latest global Cyber Risk Index (CRI) for the second half of 2021, which revealed that 67% of organizations in Malaysia think they’ll be successfully attacked in the next 12 months, with 22% claiming this is “very likely” to happen. The findings from the semi-yearly report aim to measure the gap between respondents’ preparedness of attack and...
Amazon Global Selling Offers Over RM218,000 as an Incentive Benefit to Help Malaysian Companies Drive Their Cross-Border E-Commerce Journey
Amazon Global Selling will be hosting a series of joint events, together with the Malaysia External Trade Development Corporation (MATRADE), to shed light on the recently launched New Seller Incentive by Amazon and the eTRADE Programme 2.0 facilitation from MATRADE. The event aims to equip local SMEs with benefits offered by New Seller Incentives to help them launch and grow their business on Amazon, and to help Made-in-Malaysia...
Cybersecurity Expertise In The Kit: Kaspersky Launches Endpoint Security Cloud Pro
The new edition of Kaspersky Endpoint Security Cloud, dubbed Kaspersky Endpoint Security Cloud Pro, contains advanced new capabilities, including automated response options and an extended set of security controls. The Pro version also includes built-in training for IT workers seeking to boost their cybersecurity skills and make the most out of specialized security products. A recent study of IT workers showed that an increase in the...
CHHB Partners with JD for Omni Channel E-commerce Platform in Malaysia
Country Heights Holdings Bhd (CHHB) plans to invest approximately RM250 million in capital expenditures over the next five years after partnering with JD Worldwide’s wholly-owned subsidiary Beijing Wodong Tianjun Information Technology Co. Ltd (JD.com) to develop omnichannel business model in Malaysia. According to CHHB managing director Datuk Jared Lim, the partnership will introduce about 10,000 smart living products,...
Sophos: Ransomware Hit 79% of Malaysia’s Surveyed Companies
Sophos today released its annual survey and review of real-world ransomware experiences in the State of Ransomware 2022. The report shows that 79% of Malaysian organizations surveyed were attacked with ransomware in 2021, which is significantly higher than the global average of 66%. Thirty-nine percent of Malaysian organizations that had data encrypted in an attack paid the ransom, which is a three-fold increase from 2020. The global...
BNM Announces Five Successful Applicants of Digital Bank License
Bank Negara Malaysia (BNM) today announced the five successful applicants for the digital bank licences. The successful applicants are: a consortium of Boost Holdings Sdn. Bhd. and RHB Bank Berhad; a consortium led by GXS Bank Pte. Ltd. and Kuok Brothers Sdn. Bhd; a consortium led by Sea Limited and YTL Digital Capital Sdn Bhd. a consortium of AEON Financial Service Co., Ltd., AEON Credit Service (M) Berhad and MoneyLion Inc.; and a...
Why Timely Response Is Essential And How To Achieve It
Advanced persistent threats continue to test organizations’ strength by exploiting new vulnerabilities, organizing massive supply chain incidents and targeting specific industries. According to one study, 84% of enterprises globally acknowledge that cyberattacks have become more sophisticated. They worry about vulnerabilities, attack surfaces, threat tactics, malware, mobile device security and the use of consumer cloud services by...
GoInsuran Offers Exclusive Coupons at Shopee
GoInsuran, a wholly owned subsidiary of Tan Chong Motor Holdings Bhd, has launched the first official online store on Shopee. GoInsuran provides road users with car insurance and road tax renewals. Equipped with the latest technology, GoInsuran provides customers with an easy and seamless experience, from getting free quotes to paying with a variety of online payment methods The collaboration has allowed Malaysian shoppers to...
Kaspersky Relocates Cyberthreat-Related Data Processing For Users In Latin America And Middle East To Switzerland And Re-Certifies Its Data Services By TÜV AUSTRIA
Kaspersky has expanded the scope of its cyberthreat-related data relocation, which now covers users in Latin America and the Middle East. The company’s commitment to following the best data security practices has been reaffirmed by TÜV AUSTRIA’s re-certification of Kaspersky’s data services with an expanded scope. In addition, the company publicly shared information on the requests for data and technical expertise received from...
MasterCard Introduces New Tool to Improve Online Experience and Prevent Digital Fraud
Mastercard has announced the launch of an enhanced identity solution designed to improve the online shopping experience and tackle digital fraud in a new collaboration with Microsoft Corp. With its enhanced Digital Transaction Insights solution, MasterCard is able to provide financial institutions with the additional intelligence needed to optimize their authorization decisions and approve more genuine transactions. Digital...
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