ABP Group expands in Malaysia with new KL cybersecurity hub
The newly launched Kuala Lumpur office features a modern and spacious environment designed to support a growing team of cybersecurity experts. It includes infrastructure upgrades to support regional delivery, technical collaboration, and talent development.
'This expansion allows us to build greater delivery capacity, deepen client engagement, and respond more quickly to emerging threats in the region. As demand for cybersecurity solutions increases, our presence in Malaysia ensures we remain close to our clients and equipped to support their needs,' said Sun Yi, group chief executive officer of ABP Group.
The Malaysian expansion complements ABP Group's regional footprint, with the new office serving as a base for project execution, technical support, and training initiatives. Malaysia plays a central role in ABP Group's broader regional roadmap for South-east Asia. ABP Group's continued investment reflects a deep belief in Malaysia's emergence as a cybersecurity leader for the region.
'This expansion brings us closer to a more unified cybersecurity ecosystem across South-east Asia, starting with Singapore and Malaysia, working in sync through shared infrastructure, shared talent, and a common standard of resilience,' Sun explained.
Cybersecurity risks in South-east Asia have intensified as digital adoption accelerates. According to Kaspersky Cybersecurity Report for Malaysia (1H2024), Malaysia recorded 19.62 million web-based attacks in the first half of 2024, the highest in the region.
ABP Group's capability is delivered through three specialised business units to offer end-to-end cybersecurity coverage across South-east Asia. The first pillar, Sunnic, leads technology innovation and research and development (R&D), while ABP Cyber provides tailored cybersecurity solutions, and ABP Securite drives value-added distribution through its growing partner ecosystem. These units work together to deliver regional impact with local precision.
The KL Eco City office will serve as ABP Group's hub for client engagement, technical collaboration and local talent development.
'This is more than a physical expansion. It is about reinforcing the infrastructure needed to deliver cybersecurity at scale. As Malaysia moves deeper into a digital-first future, the need for trusted cybersecurity partners will only grow. ABP Group sees this as a long game, one that demands not just technical capability but long-term thinking, shared responsibility, and local leadership,' Sun added.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Sun
an hour ago
- The Sun
Scramble to assess broader damage from 25% US tariff
PETALING JAYA: Malaysian businesses and national-level economic groups are scrambling to assess the broader damage from the United States' 25% tariff on Malaysian products that is set to go into effect on Aug 1. The tariff is part of a wider US push to reshore manufacturing and limit dependence on strategic imports. In addition to electrical and electronic (E&E) products, sectors likely to be affected include rubber gloves, semiconductor components, industrial machinery and palm oil derivatives. Penang Chinese Town Hall president Tan Sri Tan Khoon Hai warned that the sudden move would undercut Malaysia's cost competitiveness in the US market. 'This move may strain Malaysia-US trade ties and shake investor confidence, especially among foreign investors who use Malaysia as a manufacturing base to access American markets,' he told theSun. He said exporters risk losing market share to countries such as Vietnam and Thailand, which are not facing similar tariff pressures. The higher landed cost of Malaysian goods, he added, could price local products out of the US market and divert future investments elsewhere. Tan highlighted that the E&E sector – Malaysia's top export to the US – will be hit hardest, with glove and machinery producers also vulnerable due to thin global margins. Calling for immediate federal action, Tan urged a delay in expanding the Sales and Service Tax and postponement of the electricity tariff hike, warning these would add to producers' burden. He also suggested Bank Negara Malaysia consider lowering the base lending rate. He further proposed creating a 'tariff buffer fund' offering tax deductions over three to five years for companies importing key machinery. Tan also called for deeper Regional Comprehensive Economic Partnership integration and proposed transforming Penang into a regional semiconductor hub, backed by university partnerships and a Penang Talent Reskilling Fund focusing on artificial intelligence, green technology and automation. Senior fellow at the Malay Economic Action Council (MTEM) and executive council member of Dewan Perniagaan Melayu Malaysia Datuk Yazid Othman stressed that the government must confront the reality of shrinking national revenue and act swiftly. 'The government must accept the reality that national revenue projections will decline and respond appropriately by focusing on further strengthening the domestic economy and alternative markets, while at the same time protecting SMEs from becoming victims of dumping of cheap imports,' he said. Yazid also called for a recalibrated fiscal policy to stimulate economic activity and raise household income.
Free Malaysia Today
an hour ago
- Free Malaysia Today
SRC board, not Najib, responsible for company's funds, says ex-PM's lawyers
SRC International is suing ex-prime minister Najib Razak (left) and former CEO Nik Faisal Ariff Kamil for US$1.18 billion. KUALA LUMPUR : The High Court here was told today that SRC International Sdn Bhd's board and management had exclusive control of the company's operations and loan funds received from Retirement Fund Incorporated (KWAP). Lawyer Farhan Shafee Abdullah – representing former prime minister Najib Razak in SRC International's US$1.18 billion civil suit against him and former SRC CEO Nik Faisal Ariff Kamil – submitted that his client had no control over the company. Farhan said all transactions were carried out by the board, which also bore responsibility for overseeing the company's affairs. 'If any misappropriation occurred, it was the result of the board's own decisions. 'Even taking Najib's alleged instructions at their highest, responsibility ultimately rested with the board to properly manage the funds within those parameters,' he said. Farhan also dismissed SRC International's claim that Najib acted as a shadow director or the de facto controller of the company. He submitted that Najib was not part of the company's governing board and did not assume the fiduciary duties of a director. 'The evidence shows the SRC board exercised independent judgement and was not accustomed to act on Najib's instructions,' he said. Farhan added that SRC International had not produced any instance of Najib issuing a binding directive to the board on operational matters. He said the company's own witness, former BSI Bank wealth management head Kevin Swampillai, had testified that he did not receive, see or become aware of any instruction from Najib directing the transfer or investment of SRC International's funds. 'All instructions for the movement of funds came from Jho Low (Low Taek Jho) and SRC officers, including (former director) Suboh Yasin – not Najib. This is a striking admission from the plaintiff's own witness. 'Despite Najib's position, no directive from him was ever communicated to the bank handling the money,' he said. The hearing before Justice Ahmad Fairuz Zainol Abidin will continue at a later date. SRC International is suing Najib and Nik Faisal – who remains at large – for allegedly misappropriating company property and conspiring to convert it for their own use. Judgment in default of appearance has been entered against Nik Faisal. The suit originally included former SRC International chairman Ismee Ismail and former directors Suboh, Shahrol Azral Ibrahim Halmi, Azhar Osman Khairuddin and Che Abdullah @ Rashidi Che Omar as co-defendants. SRC International later dropped the case against them, but Najib named them as third parties in his defence. Najib is currently serving a jail sentence in Kajang prison for misappropriating RM42 million from SRC International.
Malay Mail
4 hours ago
- Malay Mail
Ringgit weakens ahead of BNM's meeting as US tariffs and OPR cut speculation weigh on market sentiment
KUALA LUMPUR, July 8 — The ringgit closed lower against the US dollar as market sentiment weakened amid the United States' (US) latest reciprocal tariff policy adjustments, ahead of Bank Negara Malaysia's (BNM) Monetary Policy Committee (MPC) meeting tomorrow. At 6pm, the local note eased to 4.2365/2445 versus the greenback from Monday's close of 4.2310/2400. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the ringgit depreciated to as low as RM4.2470 to the US dollar during the morning session as worry over the impact of the 25 per cent import tariff by the US has led traders and investors to remain cautious. However, in the afternoon, the ringgit improved to RM4.2358. 'Generally speaking, there is still room for discussion and negotiations, and the Malaysian government continues to opt for a diplomatic solution as indicated in the Ministry of Investment, Trade and Industry's (MITI) press statement,' he told Bernama. The US has imposed a higher tariff of 25 per cent on all Malaysian products sent into the country, separate from all sectoral tariffs, effective Aug 1 this year. This is one percentage point higher compared to what was announced in April. Miti said in a statement that Malaysia is committed to continued engagement with the US towards a balanced, mutually beneficial and comprehensive trade agreement. 'Tomorrow, the main focus is on the BNM's MPC meeting where economists are quite divided on whether the central bank would resort to a 25 basis point cut in the Overnight Policy Rate (OPR). 'In our view, we foresee the BNM would be inclined to reduce the OPR by 25 basis points in order to provide support to domestic demand. As such, dollar-ringgit is expected to maintain its narrow range as traders and investors remain cautious,' said Mohd Afzanizam. Meanwhile, Kenanga Investment Bank Bhd retained its year-end US dollar-ringgit forecast of 4.08, supported by sound domestic fundamentals. Eroding confidence in US fiscal management is driving capital flows towards the European Union (EU) and reform-oriented emerging markets. 'Malaysia, with its macro stability and steady foreign direct investment (FDI) inflows, stands to gain from this rebalancing. 'A US Federal Reserve (Fed) pivot to interest rate cuts could further lift the ringgit,' said Kenanga in its research note today. As for potential US tariffs targeting Brics-aligned economies, the investment bank said any escalation could accelerate moves to develop alternative financial systems. 'Whether Brics can parlay this into a more coherent geopolitical front remains to be seen, but their response may help reshape the future of global economic and financial architecture,' it added. At the close, the ringgit traded lower against a basket of major currencies except the Japanese yen. The local currency appreciated versus the Japanese yen to 2.8970/9026 from 2.9091/9155 at Monday's close. It eased against the British pound to 5.7591/7700 from 5.7563/7685 yesterday and declined vis-à-vis the euro to 4.9745/9839 from 4.9647/9752 previously. Meanwhile, the ringgit traded lower against its Asean counterparts. It declined versus the Thai baht to 13.0182/0488 from 12.9837/13.0173 at yesterday's close, and slipped vis-à-vis the Singapore dollar to 3.3152/3217 from 3.3096/3172 on Monday. The ringgit weakened against the Indonesian rupiah to 261.4/262.0 from 260.5/261.2 previously, and edged down versus the Philippine peso to 7.51/7.53 from 7.46/7.48 at Monday's close. — Bernama
