logo
Malaysia faces rising cyber threats as incidents increase

Malaysia faces rising cyber threats as incidents increase

The Star15 hours ago
Malaysia is experiencing a more sophisticated and aggressive wave of cyber threats, with 2,366 incidents reported in the first half of 2025, says the National Cyber Security Agency (Nacsa).
Nacsa's chief executive Ir Dr Megat Zuhairy Megat Tajuddin, said cyberattacks are no longer solely targeting critical infrastructure or institutions.
'These attacks increasingly target our most vulnerable population, including children, the elderly, and digitally inexperienced users,' he said during his keynote address at the Cybersecurity Summit 2025 on Friday (July 25).
Organised by Star Media Group and supported by IDMeta as the bronze sponsor, the summit carried the theme 'Securing Malaysia's Digital Future.'
Megat said in 2024, Nacsa's National Cyber Coordination and Command Centre (NC4) recorded 4,626 cybersecurity incidents, a 43% increase from the previous year.
'In the first half of 2025 alone, 2,366 incidents involving National Critical Information Infrastructure (NCII) were reported.
'These figures underscore the urgent need to strengthen national cyber hygiene and awareness,' Megat added.
He said cybersecurity is a critical national priority and should no longer be seen as merely a technical issue.
'Today's cyber threats don't simply target systems and software. They exploit something far more human, our trust, our habits, and the gaps between institutions,' Megat said.
CyberSecurity Malaysia's chief executive officer, Datuk Ts Dr Amirudin Abdul Wahab, joined the call for stronger safeguards, warning that digitalisation and emerging technologies, while transformative, also introduce new vulnerabilities.
'The more connected we are, the more exposed we become to the threat of cyber attacks,' he said.
Amirudin emphasised the need for organisations to go beyond prevention and focus on cyber resilience, which is the ability to respond, recover, and resume operations swiftly after an attack.
He also highlighted the importance of building a secure, resilient, and trusted cyber ecosystem through greater collaboration among regulators, industry players, academia, and international stakeholders.
Sarbnedhan Singh Sandhu of the Securities Commission Malaysia warned that compliance alone doesn't ensure security.
He stressed the need for well-enforced frameworks aligned to business risks, noting that weak controls often lead to breaches.
Meanwhile, Securemetric Technology Sdn Bhd managing director Wo Swee Teck said generative artificial intelligence (AI) introduces serious risks.
He noted that effective risk mitigation depends on implementing strong cybersecurity measures, enforcing strict privacy safeguards, and ensuring continuous validation of AI models.
The one-day event gathered industry experts to address the country's most pressing cybersecurity concerns, including the emerging risks of generative AI, vulnerabilities in operational technology (OT) systems, talent shortages, and the growing importance of digital trust in a hyperconnected world.
The summit also showcased actionable strategies, regulatory frameworks, and real-world case studies aimed at enhancing cyber resilience across all sectors.
This year's edition featured more than 19 distinguished speakers and attracted over 80 participants, including C-level executives, IT security professionals, regulators, cybercrime investigators, and representatives from sectors such as telecommunications, finance, logistics, and technology startups.
Looking ahead, the CloudTech & DataCentre Conference 2.0, scheduled for Aug 6–7, will further explore strategies to position Malaysia as a regional hub for sustainable, high-tech data centres while advancing digital resilience.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Malaysia faces rising cyber threats as incidents increase
Malaysia faces rising cyber threats as incidents increase

The Star

time15 hours ago

  • The Star

Malaysia faces rising cyber threats as incidents increase

Malaysia is experiencing a more sophisticated and aggressive wave of cyber threats, with 2,366 incidents reported in the first half of 2025, says the National Cyber Security Agency (Nacsa). Nacsa's chief executive Ir Dr Megat Zuhairy Megat Tajuddin, said cyberattacks are no longer solely targeting critical infrastructure or institutions. 'These attacks increasingly target our most vulnerable population, including children, the elderly, and digitally inexperienced users,' he said during his keynote address at the Cybersecurity Summit 2025 on Friday (July 25). Organised by Star Media Group and supported by IDMeta as the bronze sponsor, the summit carried the theme 'Securing Malaysia's Digital Future.' Megat said in 2024, Nacsa's National Cyber Coordination and Command Centre (NC4) recorded 4,626 cybersecurity incidents, a 43% increase from the previous year. 'In the first half of 2025 alone, 2,366 incidents involving National Critical Information Infrastructure (NCII) were reported. 'These figures underscore the urgent need to strengthen national cyber hygiene and awareness,' Megat added. He said cybersecurity is a critical national priority and should no longer be seen as merely a technical issue. 'Today's cyber threats don't simply target systems and software. They exploit something far more human, our trust, our habits, and the gaps between institutions,' Megat said. CyberSecurity Malaysia's chief executive officer, Datuk Ts Dr Amirudin Abdul Wahab, joined the call for stronger safeguards, warning that digitalisation and emerging technologies, while transformative, also introduce new vulnerabilities. 'The more connected we are, the more exposed we become to the threat of cyber attacks,' he said. Amirudin emphasised the need for organisations to go beyond prevention and focus on cyber resilience, which is the ability to respond, recover, and resume operations swiftly after an attack. He also highlighted the importance of building a secure, resilient, and trusted cyber ecosystem through greater collaboration among regulators, industry players, academia, and international stakeholders. Sarbnedhan Singh Sandhu of the Securities Commission Malaysia warned that compliance alone doesn't ensure security. He stressed the need for well-enforced frameworks aligned to business risks, noting that weak controls often lead to breaches. Meanwhile, Securemetric Technology Sdn Bhd managing director Wo Swee Teck said generative artificial intelligence (AI) introduces serious risks. He noted that effective risk mitigation depends on implementing strong cybersecurity measures, enforcing strict privacy safeguards, and ensuring continuous validation of AI models. The one-day event gathered industry experts to address the country's most pressing cybersecurity concerns, including the emerging risks of generative AI, vulnerabilities in operational technology (OT) systems, talent shortages, and the growing importance of digital trust in a hyperconnected world. The summit also showcased actionable strategies, regulatory frameworks, and real-world case studies aimed at enhancing cyber resilience across all sectors. This year's edition featured more than 19 distinguished speakers and attracted over 80 participants, including C-level executives, IT security professionals, regulators, cybercrime investigators, and representatives from sectors such as telecommunications, finance, logistics, and technology startups. Looking ahead, the CloudTech & DataCentre Conference 2.0, scheduled for Aug 6–7, will further explore strategies to position Malaysia as a regional hub for sustainable, high-tech data centres while advancing digital resilience.

Cybersecurity demands proactive identity verification to counter AI threats
Cybersecurity demands proactive identity verification to counter AI threats

The Star

time15 hours ago

  • The Star

Cybersecurity demands proactive identity verification to counter AI threats

Cybersecurity is a race to outpace scammers, and secure identity verification must be at the forefront, says Jen Liang, CEO of Australia-based IDMeta Group. During the Cybersecurity Summit 2025 on Friday (July 25), Liang said artificial intelligence reshapes fraud tactics, with deepfakes posing a growing threat, making identity verification the foundation of digital trust. "Fraudsters use AI to manipulate IDs, mimic voices, and create deepfake videos, but we also use AI for fraud detection. Our biometric technology can detect deepfakes not just at onboarding but during live interactions," he said during the panel discussion titled "Digital Trust and Resilience: Strengthening Cyber Confidence in Malaysia." He highlighted cases where people unwittingly engaged with deepfakes on video calls. In 2024, a finance employee at a multinational company in Hong Kong was deceived into transferring $25mil after fraudsters used deepfake technology to impersonate the company's CFO during a video conference call. "It's really concerning. Fake meetings are being set up with deepfakes that are 85% to 95% accurate," he said. Liang said the challenge lies in staying ahead of cybercriminals and adapting faster than they do. "Cybersecurity has always been about staying one step ahead. The difference now is the tools are far more powerful for both sides." He emphasised the importance of scalable, secure identity verification in sectors like fintech and gaming. "Fintech and gaming are typically the spaces we're very much involved in. Verification is critical when onboarding customers securely and ensuring they are who they say they are. It's also key to preventing scams and fraudulent accounts, which is especially important today," he said. Operating in multiple jurisdictions, Liang acknowledged that navigating data privacy laws and compliance is one of the company's greatest challenges. "Every country has its own regulatory framework. In Australia, the privacy act is very strict." He noted that both Australia and Indonesia require in-country data servers, with no allowance for cross-border storage. "The Philippines is moving in that direction too, but they don't yet have the infrastructure to support it. Without local data centres like Google or Amazon Web Services, requiring in-country servers could overwhelm their current systems," he said. Liang added that while regulations are becoming more standardised, such as biometric validation and email screening, enforcement is key. "It's not just about laws being in place. It's about how consistently those laws are enforced." He also acknowledged Malaysia's evolving digital policy landscape. "On this trip, we've had conversations with several stakeholders here. The direction is there, but the execution and development are still maturing. It's something we're keeping a close eye on," he said. In response to a question on educating youth about cyber threats, Liang stressed the need to empower them to navigate digital ecosystems responsibly. "Young people today are far more experiential. They have broad access to information, and they're not afraid to challenge what they're told. We just need to provide them a wider scope of guidance, not control," he said. Other speakers echoed Liang's concerns, particularly around resilience and preparedness in the face of rising threats. Amal Wikramasinghe, Head of Governance Risk and Compliance - Cybersecurity and Data Privacy at Axiata Group, described how the company managed a rare and unforeseen third-party outage that impacted four of its operating companies. He emphasised the need for real-time crisis communication and damage assessment protocols. Zainol Zainuddin, CTO of NTT DATA eCommerce Solutions, warned that infrastructure resilience is only as strong as an organisation's cybersecurity culture. He highlighted how phishing, still the most common entry point for hackers, thrives in organisations where awareness is treated as a checklist, not a mindset. "Even the best technology won't protect you if your people don't know how to spot a phishing email. You have to create a blame-free, transparent culture where mistakes can be reported early," he said. Moderator Jaco Benadie, Partner, Technology Consulting – Cyber at Ernst & Young Consulting Sdn Bhd, summarised that building digital trust requires a proactive, resilient strategy that spans technology, people, and culture, while prioritising user privacy and navigating cross-border regulatory challenges.

Tackling current business issues
Tackling current business issues

The Star

time4 days ago

  • The Star

Tackling current business issues

INDUSTRY experts gave tips at the recent Star Outstanding Business Awards 2025 LAB participants on how to navigate the challenging times wrought with geopolitical uncertainties. Then in the second session, the panel of experts explored different methods that small and medium enterprises (SMEs) seek financing outside of the conventional practice of approaching normal financial institutions. The afternoon event, which was held at Menara Star to a packed audience, was attended by Star Media Group chief executive officer Chan Seng Fatt and chief operating officer Lydia Wang. Similar to previous labs, there were two sessions that covered two distinct topics. The first topic explored the challenges that companies face in light of 'The Tariffs and Taxes Aftermath: What is Next for Malaysian Businesses?' Moderated by the Malaysia Entrepreneurs and Development Association president Datuk Teh Tai Yong, the topic was discussed by panel speakers past SOBA winner Mega Fortris Berhad group managing director and group chief executive officer Datuk Adrian Ng, PKT Logistics Group Sdn Bhd chief operations officer Dr Jason Cheah and Malaysia External Trade Development Corporation (Matrade) strategic planning division director Noor Hayati Abu Noh. The speakers discussed the different scenarios that businesses have to confront, from the 25% tariffs imposed by the United States to the expanded Sales and Service Tax from the government as well as instances of supply chain disruptions due to the civil unrest in the Middle East. Ng advised businesses to understand themselves and to draw back until the time is right to scale back up. Noor Hayati both touched on the importance of diversification, either in business or which country to trade with. Cheah urged SMEs that it is time to start looking into environment, social and governance matters as it has a profound impact. The second session, which was moderated by Associated Chinese Chambers of Commerce and Industry of Malaysia treasurer Datuk Koong Lin Loong, gave SMEs enlightening information on 'Raising Funds and Accessing Capital for Business Growth'. Speakers in this session included RHB Bank Berhad SME banking, SME engagement head Sim Ee Chiew, Credit Guarantee Corporation Malaysia chief business officer Sean Tan, PEOPLElogy Berhad founder Allen Lee and Hernan Corporation founder and group CEO Datuk Anna Teo. The panel gave a lively session as Teo declared she rarely approached banks for financing. She asked businesses to be more flexible and explore other possibilities. While banks would be the first step for budding businesses, she said entrepreneurs should network and ask about other alternatives, such as private equities. Tan explained that CGC's job is to transfer the credit risks from a bank to CGC. In the event a business fails, and the SME is unable to pay, CGC will provide the necessary relief. Ng shared his experience of raising funds via the initial public offering route, which he said was 'more challenging because (Bursa Malaysia) wants the public to trust you (hence the need for) transparency.' Sim said that banks do much more than just provide loans, they help enhance cash flow and operation efficiency in order to eliminate idle cash, as well as digitalisation services. Besides the panel discussions, SOBA sponsors introduced their business models and some of their services to the participants. CGC's SME advisory and strategic alliances head Mike Wong talked about some of the services that are available to SMEs that are seeking ways to finance their companies. PKT Logistic's presentation was on the company's diversified range of services, from logistics and education to its own inland port, presented by Cheah. RHB Bank SME business development head Kelvin Chin and U Mobile Sdn Bhd commercial pre-sales section head Lim Swee Mei showcased the services that would benefit SMEs in their businesses. SOBA 2025 is organised by SMG with CGC, PKT Logistics, RHB Bank and U Mobile as main sponsors, Great Wall Motor Malaysia as co-sponsor, and Matrade as the official trade promotion partner. It is audited by BDO while radio stations 988 and Suria are official media partners. For details, call the SOBA hotline at 017-231 1789 or visit Look out for the announcement of the next SOBA LAB 2025, which will be held on Aug 14 at Iconic Hotel, Bukit Mertajam, Penang.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store