Why Malaysia Needs to Boost Cybersecurity Awareness?

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why does malaysia need to increase cybersecurity awareness

Cybersecurity is a critical challenge facing global businesses. Relentless focus on the global IT security solutions in enhancing the security features, improving the monitoring and controls over the information systems security is mitigating the risks to a limited extent, but there is a lot needed in the domain. 

Malaysia, as a business hub too, is facing cybersecurity issues, threats and challenges. Owing to these, cybersecurity Malaysia has become a very popular buzzword.

Cybersecurity Malaysia is a priority now, as there is an intrinsic need for businesses to be more vigilant on the vulnerabilities leading to malware and another distinct kind of attacks. 

The government of Malaysia (GOM) launched the Malaysia Cyber Security Strategy (MCSS) 2020-2024, with a specific budget allocation of around US$434 million to enhance cybersecurity preparedness and for establishing a robust infrastructure for antimalware solutions, and cybersecurity Malaysia

Five of the key areas or the guiding principles focused in the MCSS are about improving the ICT infrastructure, upgrading the antivirus and antimalware solutions deployments, improving the cybersecurity laws, and empowering innovation in cybersecurity Malaysia and antimalware

Additionally, the government is keen to attract a talent pool of professionals with cybersecurity backgrounds to work in Malaysian organizations.

Strategic attention to cybersecurity Malaysia that helps leverage regional and international cooperation to protect cyberspace of Malaysia is gaining traction.

Alongside the steadfast rise in the digital enablement of business operations in Malaysia, the cybersecurity challenges too witnessed an exponential rise. 

A report by Cyber Security Malaysia indicates that on average around 31 cases of cyber crimes are being reported in Malaysia every day, and there is a need for businesses to ensure adequate security monitoring tools are available and used. 

As per a CRI (Cyber Risk Index) report for the second half of 2021 for cybersecurity Malaysia, around 87% of the organizations participating in the survey have encountered one or more cyberattacks in the last year.

The study also highlighted the kind of security challenges being prevalent across the cybersecurity breach in Malaysia, and the need for more effective ICT infrastructure to implement the anti malware system.

Common Cybersecurity Challenges

common cyberthreat cybersecurity

1. Phishing and Social Engineering 

Among the prevalent kind of cybersecurity Malaysia issues, phishing attacks are high.

Phishing attacks are about creating similar kinds of web pages of financial institutions or popular brands, routing the traffic to such sites, stealing identity information, and transaction fraudulence. Robust anti malware solutions are essential in the detection of phishing sites.

Ignorant users unaware of the phishing pages, tend to provide all the confidential information over the site, and it leads to data privacy and security breach.

2. Botnet Attacks

The other common issue facing cybersecurity Malaysia is botnet attacks. Business enterprise servers are targeted by hackers, using the series of node computers, and attack the servers in the disguise as genuine users.

By blocking the server operations with intense attacks, hackers try to take control of the servers using the malware. Thus, deploying robust anti malware solutions to guard the server networks and personal systems is profound. 

3. Fileless Attacks

The contemporary range of malware attacks is file-less, and it is induced into the external applications as a built-in, and more often the redundant anti-malware solutions do not recognize or prevent such attacks. 

Alongside the increased source of applications being downloaded into the smartphone or other computing devices, the threat of fileless attacks is increasing, and there is a need for a more reliable and 360-degree antivirus protection solution screening such critical threats. 

4. Ransomware Attacks

Cybersecurity Malaysia is facing the challenge of ransomware attacks more often than before. Many small and medium-scale business in Malaysia is exposed to this kind of cybersecurity challenges. 

The information systems and digital front of the SMBs in Malaysia are vulnerable to such attacks, and there is an imminent need for efficient anti malware solutions monitoring the network of the digital system. 

Ransomware is a systematic hacking wherein the hackers target vulnerable systems, breach, and take control of the functioning of the system. Hackers contact the business owners seeking ransom money, to release the information systems.

The threat looms about leaking the confidential or critical information of customers in the public domain, disruption to the business continuity, etc. 

5. DDoS Attacks

Technically defined as Distributed Denial of Service attacks are a common global threat and cybersecurity Malaysia is also facing the challenge.

In this kind of attack, the service rendering capabilities of the organizational systems are hampered by the hackers, and the genuine users face hindrance in the session requests to the information systems. 

Businesses in Malaysia irrespective of the size of their organization and digital activity must ensure the systems environment is well monitored and controlled to prevent cybersecurity Malaysia challenges.

Focusing on the robust set of antivirus solutions, anti malware tracking systems deployment, and improving the physical security monitoring of systems environment are some of the critical and actionable steps from businesses of Malaysia must focus upon.

To comply with the Personal Data Protection Act (PDPA) of Cybersecurity Malaysia objectives, the Cybersecurity Malaysia and Malaysian Computer Emergency Response Team (MyCERT) a helpline operational service for businesses to reach out and report any kind of security breach, and the institution can help them in addressing the issues

Cybersecurity Global

Prevention is better than cure, and SMBs in Malaysia must focus on proactive steps of preventing cybersecurity challenges. One should focus on choosing the robust kind of antivirus and anti malware tracking solutions which can be used for monitoring the systems environment. 

Be it an independent device or the system’s network, choosing the Acronis protection and backup range of contemporary anti malware solutions can lead to improved cybersecurity practices. 

Offered as a holistic protection system, easy to be installed in the system’s network, and lite on resources, the quality of services offered by Acronis protection at economically priced subscriptions can be very resourceful for the SMBs in Malaysia. 

Reach out to Exabytes Malaysia for knowing more information about Acronis Protection and deploying a superior range of antimalware solutions into your system’s network, and aligning to the objectives of cybersecurity Malaysia

Cyber Security Solution

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