Tapway Unveils SamurAI, A No-Code Vision AI Platform Revolutionizing Video and Image Analytic
Tapway Sdn. Bhd. has launched SamurAI, a Vision AI platform that allows organizations to analyze video and image data without coding, transforming it into actionable insights. The platform is bolstered by a partnership with Asteria Technology and a listing on the AWS Marketplace, marking Tapway’s expansion into Southeast Asia and Japan. 15 August 2024 – Tapway Sdn. Bhd. has unveiled its latest innovation, SamurAI, a...
How Cybercriminals Are Leveraging Artificial Intelligence for Sophisticated Cyberattacks
The widespread adoption of AI has made it a tool for both innovation and cybercrime, with malicious actors using AI to automate attacks and exploit vulnerabilities in systems and algorithms. Kaspersky’s research highlights the growing risk, emphasizing the need for robust defenses against AI-driven threats. 15 August 2024 – The rapid adoption of advanced AI systems by individuals and businesses has introduced both...
Evolving Cybersecurity Landscape: Ransomware and Data Theft Dominate 2024 Threats
Cybersecurity threats are rapidly evolving, with ransomware and data theft as leading risks. Organizations must adopt robust security measures and stay informed to combat increasingly sophisticated cybercriminals. 14 August 2024 – The cybersecurity landscape continues to evolve rapidly, presenting significant challenges for organizations and the public. As new threat actors and technologies emerge, the risk of cyberattacks...
Bank Islam and Mastercard Launch Malaysia’s First Islamic Pay with Rewards Program
Bank Islam has partnered with Mastercard to launch Malaysia’s first Islamic Pay with Rewards program, allowing cardholders to redeem points for purchases globally. The program is accompanied by a promotional campaign offering various rewards, including TruPoints, gadgets, and a trip to Istanbul. 14 August 2024 – Bank Islam Malaysia Berhad, the nation’s leading Islamic bank, has partnered with Mastercard to introduce the Bank...
BNM Fines Maybank RM4.32 Million for Non-Compliance in Technology Risk Management
Bank Negara Malaysia imposed a RM4.32 million penalty on Maybank for failing to comply with technology risk management regulations, resulting in multiple service disruptions. Maybank has since taken steps to address the issues and prevent future non-compliance. 14 August 2024 – Bank Negara Malaysia (BNM) levied an Administrative Monetary Penalty (AMP) of RM4.32 million on Malayan Banking Berhad and Maybank Islamic Berhad,...
BlackBerry Wins Cyber Security Innovation Award at Malaysia’s Cyber Security Awards 2024 for Enhancing National Cyber-Resilience
BlackBerry Limited was awarded the Cyber Security (Service) Innovation Award at Malaysia’s Cyber Security Awards 2024, recognizing its efforts in strengthening the nation’s cybersecurity through its new Cybersecurity Center of Excellence and advanced security solutions. 13 August 2024 – BlackBerry Limited has been honored with the prestigious Cyber Security (Service) Innovation Award at Malaysia’s Cyber Security...
Antler Closes $72M Southeast Asia Fund II to Accelerate Early-Stage Innovation Across the Region
Antler has closed its $72 million Southeast Asia Fund II to invest in early-stage tech startups across the region, with a focus on fostering innovation through its Residency Programs and new ARC initiative. 13 August 2024 – Antler, a prominent global early-stage venture capital firm with a presence in over 30 cities, including Kuala Lumpur, has announced the successful close of its second Southeast Asia fund, Antler SEA Fund II,...
BlackBerry Research Exposes Critical Software Supply Chain Vulnerabilities in Malaysia Amid New Cybersecurity Regulations
BlackBerry’s latest research reveals that 79% of Malaysian organizations have faced software supply chain vulnerabilities in the past year, highlighting the critical need for secure-by-design practices and robust regulatory measures in line with Malaysia’s new Cyber Security Act 2024. 13 August 2024 – At the NACSA Cybersecurity Summit, BlackBerry Limited unveiled new research highlighting the significant cybersecurity...
GHL Systems Partners with ShopBack to Revolutionize Cashback Rewards for Malaysian Shoppers
GHL Systems Berhad has partnered with ShopBack to offer Malaysian consumers the ability to earn cashback rewards and access exclusive promotions at GHL-powered retail outlets, enhancing both the shopping experience and merchant sales. 13 August 2024 – GHL Systems Berhad (GHL), a leading electronic payment provider in Malaysia, has entered into a strategic partnership with ShopBack, the Asia Pacific region’s premier...
Khazanah Nasional Establishes RM1 Billion Fund to Boost Malaysia’s VC Ecosystem
Khazanah Nasional Bhd has completed the acquisition of Malaysia Venture Capital Management (Mavcap) and Penjana Kapital (PK) to establish a national fund-of-funds (NFOF) with an initial RM1 billion allocation. This move aims to bolster Malaysia’s VC ecosystem and position the country as a preferred regional VC hub by 2030. 31 July 2024 – Khazanah Nasional Bhd has announced the successful acquisition of Malaysia Venture...
Profoto Malaysia and CEO Kimmy Ng Honored at APEA 2024 for Innovation and Growth in Luxury Brand Services
Profoto Malaysia Sdn. Bhd. has been awarded the Fast Enterprise Award, while Managing Director Ms. Kimmy Ng received the Master Entrepreneur title at the APEA 2024 Malaysia, recognizing the company’s innovation and growth in large-format printing and luxury brand project management. The company plans further expansion and sustainable growth. 30 July 2024 – Profoto Malaysia Sdn. Bhd. has been honored with the Fast...
BEST Inc. Revolutionizes Malaysia’s Logistics with Advanced DWS Systems at KUL Hub
BEST Inc. has deployed eleven advanced Dimensioning, Weighing, and Scanning (DWS) systems at its KUL Hub in Malaysia to enhance operational efficiency and service quality in response to the country’s growing e-commerce market. This investment underscores BEST Inc.’s commitment to innovation and customer satisfaction in Southeast Asia. 30 July 2024 – BEST Inc., a prominent integrated smart supply chain and logistics...
MDEC’s Saya Digital Tour Enhances Skills in Johor Bahru
MDEC’s Saya Digital Tour (JSD) in Johor Bahru aims to enhance digital skills among local communities, supporting the Johor state government’s Maju Johor 2030 initiative. The event includes various training programs, exhibitions, and activities to promote digital literacy and technology awareness. 30 July 2024 – The Malaysia Digital Economy Corporation (MDEC), under the guidance of the Ministry of Digital (KD), is...
One in Four Paris Wi-Fi Networks Risk Data Theft Ahead of Olympics
Kaspersky’s analysis of nearly 25,000 Wi-Fi hotspots in Paris revealed that 25% have weak or no encryption, making users vulnerable to data theft, with only 6% using the latest WPA3 protocol. To stay safe, visitors are advised to use a VPN and follow cybersecurity best practices. 27 July 2024 – As the Summer Olympic and Paralympic Games draw near, Kaspersky experts have conducted a comprehensive analysis of nearly 25,000...
Burson to Lead MDEC’s Communication Strategy Following Hill & Knowlton and BCW Merger
The newly formed Burson, created by merging Hill & Knowlton and BCW, will lead a three-year communication strategy for MDEC, focusing on bespoke content creation and reputation management to amplify MDEC’s initiatives. With over 6,000 employees across 43 markets, Burson aims to provide strategic stakeholder communications and interdisciplinary solutions in today’s complex environment. 25 July 2024 – Burson, the...
Sophos Earns Dual Gartner Customers’ Choice Awards for Endpoint Protection and Network Firewalls
Sophos has been recognized as the Customers’ Choice in the Gartner Peer Insights Voice of the Customer reports for Endpoint Protection Platforms and Network Firewalls, earning high ratings and praise for its innovative security solutions and customer satisfaction. This achievement highlights Sophos’ commitment to integrating endpoint protection with network security to effectively combat complex cyber threats. 25 July 2024 –...
AVA AI by Aboitiz Data Innovation Revolutionizing Enterprise Productivity with Generative AI
Aboitiz Data Innovation has launched AVA AI, a Generative AI platform designed to enhance enterprise productivity by integrating seamlessly with existing systems and providing secure, actionable insights. The platform addresses data fragmentation and security challenges, offering personalized applications for various business needs. 24 July 2024 – Aboitiz Data Innovation (ADI), a pioneering Data Science and Artificial...
Malaysian Industrial Sector Faces Rising Cyber Threats, Urgent Need for AI and Zero Trust Strategies
Palo Alto Networks’ new report highlights the severe cyber threats facing Malaysia’s industrial sector, with 78.4% of organizations experiencing cyberattacks. The report advocates for stronger OT and IT collaboration, increased cybersecurity investment, and the adoption of AI and Zero Trust strategies. 24 July 2024 – Palo Alto Networks, a global leader in cybersecurity, has unveiled its “State of OT Security: A...
RockYou2024 Data Breach: 10 Billion Passwords Exposed – How to Protect Yourself Now
Nearly 10 billion unique passwords have been leaked in the RockYou2024 data breach, raising significant cybersecurity concerns. Kaspersky experts advise users to check for exposure, change passwords, use password managers, enable 2FA, and minimize shared personal information online. 24 July 2024 – In an unprecedented security breach, nearly 10 billion unique passwords have been leaked on a widely recognized cyber forum, marking...
Empowering Malaysian Fashion MSMEs in a Competitive E-commerce Landscape
Fashion MSMEs in Malaysia face numerous challenges in a competitive e-commerce environment. However, by leveraging tools like Shopee Live and Shopee Video, focusing on personalized customer engagement, and utilizing authentic customer reviews, MSMEs can stand out and achieve significant growth. Shopee’s commitment to enhancing service quality and supporting local businesses ensures that these enterprises can thrive in the...
