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Cybersecurity reality check: How prepared are M’sian companies at warding off attacks?

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THERE are 878 islands dotting the waters of Malaysia, placing our beautiful country fourth among South-East Asian countries with the most islands.

The 2024 Cisco Cybersecurity Readiness Index rated only 2% of Malaysian companies at a 'Mature' level of readiness, the highest attainable rating, to counter cybersecurity risks. — Image by freepik

Commenting on the decrease in attacks – from over 35 million in 2021 to over 22 million in 2022 and last year – Yeo Siang Tiong, Kaspersky’s general manager for South-East Asia, highlights a shift in strategy by cybercriminals. Furthermore, the 2024 Cisco Cybersecurity Readiness Index rated only 2% of Malaysian companies at a “Mature” level of readiness, the highest attainable rating, to counter cybersecurity risks.

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