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...
Revolutionizing Retail: How Livestreaming is Empowering MSMEs in the Digital Age
Livestreaming and video content are transforming the online shopping experience, especially for Gen Z, providing MSMEs with dynamic opportunities to engage customers and drive sales. Shopee’s innovative features and robust ecosystem support businesses in thriving within the competitive digital marketplace. 22 July 2024 – The digital commerce landscape is evolving significantly, particularly in customer buying behavior...
Webull Launches 24-Hour US Stock Trading for Malaysian Investors, Revolutionizing Market Acces
Webull Corporation has introduced a 24-hour stock trading feature for Malaysian customers, significantly enhancing their access to US financial markets. This initiative underscores Webull’s commitment to innovation and accessibility, catering to the growing interest of Malaysian investors in US equities and ETFs. 22 July 2024 – Webull Corporation (“Webull”), the esteemed US-based trading platform and innovative...
MDEC Propels Tourism Tech Forward with Launch of Digital Tourism Innovation Lab Cohort 3
MDEC’s Digital Tourism Innovation Lab (DTIL) hosted its second Demo Day to promote technological innovation in Malaysia’s tourism industry, highlighting the need for digital transformation ahead of Visit Malaysia Year 2026. Cohort 3 applications are now open, inviting startups, investors, and industry players to drive the next wave of tourism tech innovation. 18 July 2024 – The Malaysia Digital Economy Corporation...
Ransomware Hits Critical Infrastructure: Energy and Water Sectors See Recovery Costs Quadruple
The Sophos report highlights a fourfold increase in recovery costs for the Energy and Water sectors due to ransomware, with attacks often exploiting vulnerabilities and leading to prolonged recovery times despite high ransom payments. 18 July 2024 – Sophos, a global leader in cybersecurity solutions, has released its latest sector survey report, “The State of Ransomware in Critical Infrastructure 2024.” The report reveals a...
Aurum Theatre Partners with Mastercard to Launch Luxurious ‘Mastercard Lux Suite I by Getha
Aurum Theatre, The Exchange TRX, in collaboration with Mastercard, has launched the “Mastercard Lux Suite I by Getha,” offering a luxurious cinema experience with exclusive privileges for Mastercard users, including discounts and seamless payment options. This partnership aims to elevate the standard of entertainment and hospitality. 17 July 2024 – Aurum Theatre, The Exchange TRX, renowned for offering the largest...
MDEC’s Inaugural National e-Invoicing Open Day Drives Malaysia’s Digital Transformation
MDEC launched the National e-Invoicing Open Day & Accreditation Ceremony, promoting e-Invoicing solutions to enhance business efficiency and compliance. This initiative supports Malaysia’s digital transformation and economic growth, aiming for full e-Invoicing adoption by 2025. 17 July 2024 – The Malaysia Digital Economy Corporation (MDEC), the nation’s lead digital economy agency and the Peppol Authority in Malaysia,...
Malaysia Urgently Needs Cybersecurity Experts as Threats Escalate, Says Kaspersky
Malaysia faces a critical shortage of cybersecurity experts amid rising threats, with only 15,000 active professionals in the industry. Kaspersky highlights the urgent need for businesses to invest in advanced cybersecurity measures and workforce training to combat escalating cyberattacks. 17 July 2024 – In a recent parliamentary session, the Digital Minister highlighted the critical need for Malaysia to bolster its expertise in...
Webull Malaysia Welcomes Fintech Veteran Farah Jaafar to Board as Independent Non-Executive Director
Webull Malaysia has appointed Farah Jaafar as an Independent Non-Executive Director, bringing extensive fintech and financial services experience to the board. Her expertise will support Webull Malaysia’s mission to enhance investor education and inclusion through advanced fintech solutions. 17 July 2024 – Webull Securities (Malaysia) Sdn. Bhd. (“Webull Malaysia”) is delighted to announce the appointment of...
Kaspersky Boosts Mobile Security with Enhanced Call Blocking in Who Calls App
Kaspersky has enhanced its Kaspersky Who Calls app by adding a feature that blocks calls from numbers not in the contact list, enhancing protection against spam, scams, and fraud. This new functionality, available in the paid version for Android users, aims to improve mobile privacy and security. 11 July 2024 – Kaspersky has bolstered its mobile security offerings by adding a new feature to the Kaspersky Who Calls app, designed...
Palo Alto Networks Launches Precision AI to Outpace AI-Generated Threats
Palo Alto Networks has introduced new AI-driven security solutions using Precision AI™ to combat AI-generated threats and secure AI ecosystems, emphasizing the need for a connected platform approach to enhance enterprise security. The new solutions will be available in Q4 FY24 and Q1 FY25. 11 July 2024 – Palo Alto Networks has launched a suite of cutting-edge security solutions designed to combat AI-generated threats and bolster...
Top 5 Startups Shine at Tegas Pre-Accelerator Bootcamp 2024 Demo Day
Five startups, OINC Sdn Bhd, Opah Cooperative, Toclan Agrotech Company, Borneo Glamping, and Teduh Jiwa Counseling and Consultancy, were announced as winners at the Tegas Pre-Accelerator Bootcamp 2024 Demo Day. They will receive extensive support, including free access to Tegas Digital Village and Innovation Hubs, along with corporate backing and special prizes from partners. 9 July 2024 – Five innovative startups emerged...
Raiz to Cease Malaysian Operations After Strategic Review, Focus Shifts to Australian Market
Raiz, the micro-investing platform operated by Permodalan Nasional Bhd in partnership with Raiz Invest Limited, will shut down in Malaysia after four years following a strategic business review. The closure will allow Raiz to focus on its Australian operations, with a structured process in place to handle the wind-down. 9 July 2024 – Permodalan Nasional Bhd’s (PNB) micro-investing and fintech platform, Raiz, will cease...
