Malaysia Ramps up Cyber Security Defense to Stem Rising Fraud and Ransomware Attacks

Written By Aizat Sultan

itnews Asia| 15th October 2024

Oct 15 2024 - In the face of escalating cyber threats, Malaysia is intensifying its cybersecurity strategy, focusing on a significant rise in fraud incidents and the alarming trend of double extortion ransomware attacks.

With over 4,000 incidents reported in 2024, experts emphasise the need for a comprehensive incident response framework, proactive collaboration across sectors, and the implementation of new legislation.

As the nation aims to safeguard critical infrastructure and leverage emerging technologies, CyberSecurity Malaysia, the national cybersecurity specialist agency under the purview of the Ministry of Digital CEO Dr Haji Amirudin Abdul Wahab said a “coordinated approach” is essential to bolster resilience against sophisticated cyber adversaries.

AIBP Insights

Featured
Strengthening Cybersecurity in the Philippines
Strengthening Cybersecurity in the Philippines

As cyber threats grow in scale and sophistication, organisations across ASEAN are struggling to keep up—not just in terms of technology, but also in human capital. The Philippines faces one of the most severe cybersecurity talent shortages in the region, leaving businesses and government agencies vulnerable to attacks. Without a strong cybersecurity workforce, the country's ability to defend critical infrastructure, financial institutions, and digital services remains at risk.

From Vulnerability to Resilience: Building Indonesia's Cyber Defences in the AI Era
From Vulnerability to Resilience: Building Indonesia's Cyber Defences in the AI Era

As Indonesia’s digital economy accelerates, so do the cyber threats targeting it. From ransomware and phishing to AI-driven attacks, the risks are evolving, and so must the response. This article explores how Indonesia is transitioning from vulnerability to resilience through stronger policies, AI-powered defences, and a bold national cybersecurity strategy. The road to a secure digital future starts with awareness, and ends with action.

Securing Thailand’s Digital Future
Securing Thailand’s Digital Future

Discover how Thailand is boosting cyber resilience with AI-powered defenses, integrated security solutions, and strategic workforce development to tackle rising digital threats.

Aizat Sultan
Previous

Microsoft Indonesia: AI a Double-Edged Sword in Cybersecurity
Next

MyDigital ID Records Over 1 Million Registered Users