China Enhances Digital Renminbi (RMB) Payment Services to Attract Foreign Users
China has upgraded its digital RMB payment services to enhance the user experience for foreigners visiting or residing in the country. These improvements include a “recharge before use” feature and online payment options, simplifying the process and promoting the adoption of China’s digital fiat currency. These enhancements are expected to facilitate cross-border transactions and further internationalize the digital...
Cybersecurity Alert: Southeast Asian SMBs Face a 364% Surge in Malware Attacks in H1 2023, Kaspersky Reports
Kaspersky, the global cybersecurity leader, has reported a sharp rise in malware attacks targeting small and medium-sized businesses (SMBs) across Southeast Asia in H1 2023. The company’s data reveals a 364% surge in incidents compared to the previous year, emphasizing the critical need for robust cybersecurity measures among Southeast Asian SMBs. 27 September 2023 – Kaspersky, a leading global cybersecurity company, has...
ASEAN Economies Face Challenges as Growth Slows Amidst Global Headwinds
Despite mixed GDP growth in the previous quarter, ASEAN economies are expected to face a slowdown in the third quarter due to various challenges, including China’s post-pandemic recovery deceleration, past US Federal Reserve interest rate hikes, weak semiconductor prices, and shifting global demand. Malaysia’s economic outlook remains cautiously positive, with signs of recovery in diverse sectors, but sustaining high...
Malaysia Digital Expo (MDX) 2023 Launched to Celebrate Digital Economy
The Malaysia Digital Expo (MDX) 2023 has been launched, celebrating the nation’s digital economy and showcasing innovations and investment opportunities from local and global companies. Under the theme “Let’s do business. Invest in Malaysia,” MDX 2023 aims to foster collaboration, highlight Malaysia’s digital assets, and position the country as a leading digital nation in the ASEAN region. 25 September...
Cloud Adoption a clear winner for Malaysia’s financial services industry
The use of cloud computing is rapidly increasing across Southeast Asia, and Malaysia is no exception. The country’s cloud computing industry is projected to grow to US$3.7 billion by 2024, and the financial services industry is expected to be a major driver of this growth. Cloud technology in financial services is becoming increasingly popular for a number of reasons. Firstly, cloud technology can help financial institutions...
Kaspersky Uncovers Deceptive Phishing Scheme Targeting Employees via Self-Evaluation Forms
Kaspersky has uncovered a sophisticated phishing scheme targeting corporate employees through deceptive self-evaluation forms appearing to originate from HR departments. Cybercriminals exploit employees’ eagerness to participate, requesting sensitive information like email addresses and passwords towards the end of the process, urging caution and verification of such emails with HR departments to protect against the threat. 25...
MYDCF 2023 to Premiere ‘Kisah Bawah Tanah’: An Innovative Animated Comedy Redefining Southeast Asian Folklore
The Malaysia Digital Content Festival (MYDCF) 2023, in collaboration with Malaysia Digital Economy Corporation (MDEC), is set to introduce “Kisah Bawah Tanah,” an innovative animated comedy series. This franchise, blending Southeast Asian folklore with comedy, aims to redefine animated content perceptions and is poised to expand across various platforms, including TikTok, webcomics, music, merchandise, and web3, with the...
MDEC and Quurk Join Hands to Empower Malaysian Youth with Coding Skills through Innovative Gaming
MDEC and Quurk have teamed up to equip Malaysian youths with essential coding skills through their groundbreaking game, Pastopia. This innovative partnership aims to make coding accessible, foster creativity, and enhance technological literacy, potentially positioning Malaysia as a digital hub in the ASEAN region. 25 September 2023 – The Malaysia Digital Economy Corporation (MDEC) and Quurk have entered into a significant...
Sophos Intercept X with XDR Impresses in MITRE Engenuity ATT&CK® Evaluations, Detecting 99% of Adversary Behaviors
Sophos’ Intercept X with XDR has excelled in MITRE Engenuity ATT&CK® Evaluations, detecting 99% of adversary behaviors and accurately identifying 141 out of 143 adversary attack steps. This achievement highlights the solution’s robust cybersecurity capabilities and its potential to enhance threat detection and response in the ever-evolving landscape of cyber threats. 25 September 2023 – Sophos, a global...
Synopsys Emerges as Leader in Static Application Security Testing, Forrester Report Reveals
Synopsys has achieved recognition as a leader in static application security testing (SAST) in Forrester’s latest report. The report applauds Synopsys’ Coverity® SAST solution for its excellence in detecting security vulnerabilities in proprietary code and its seamless integration into developer workflows. 25 September 2023 – Leading technology company Synopsys, Inc. has received accolades as a prominent figure in...
