Businesses in Europe underestimate the “slow-burn” effects of cyber attacks and need to prepare more fully for a loss of customers, a fall in share price and other potential consequences, Lloyd’s of London said in a report on Wednesday. Businesses in Europe underestimate the “slow-burn” effects...
Be vigilant against the NotPetya ransomware because it could render infected machines unusable, the Government warns. The National Security Council (NSC) and CyberSecurity Malaysia (CSM) issued statements to inform Malaysians about the severity of the outbreak, assuring the public that they are monitoring the situation. CSM CEO...
THE government’s plan to introduce new legislation to curb cybercrimes is timely due to the surge in complaints related to cybersecurity. The recent Wannacry malware attack that has hit 300,000 devices in 150 countries is one example of a cybercrime. Deputy Prime Minister Datuk Seri Dr Ahmad...
MALAYSIA Digital Economy Corporation Sdn Bhd, or MDEC (formerly known as Multimedia Development Corporation Sdn Bhd) is targeting to launch a programme called MY Digital Maker Movement next month in efforts to increase interest in STEM-(science, technology, engineering and mathematics) based knowledge and activities among...
REDtone IoT, a subsidiary of Malaysian broadband services provider Redtone International, has signed a partnership agreement with Singapore-based Unified Inbox. REDtone IoT and Unified Inbox are jointly developing messaging capabilities for Internet of Things apps and smart cities. The two companies plan to integrate REDtone...
Just imagine a world where billions of interconnected devices can communicate and share information with one another. This may sound like a typical scene from a sci-fi movie but in reality, we are actually witnessing the rapid proliferation of smart sensors, cameras, software, databases and...
For many agencies, cloud computing is the answer to a range of long-standing challenges, including scalability and true elasticity, barriers to entry, technology refreshes and cost savings. Yet cloud computing can introduce its own challenges, particularly in terms of security -- not necessarily in the...
New city-wide networks are being built in the country that will enable the entry of the “Internet of Things” or IoT type applications. The latest player to enter this space is little-known Atilze Digital Sdn Bhd, a wholly-owned unit of Penang-based Yen Global Bhd. Last month,...
As more companies turn to the cloud to run their daily operations, managed services providers are worried about competing for customers with Microsoft Corp., Amazon.com Inc. and other big cloud firms, a new report said. Managed services providers, or MSPs, typically charge firms recurring fees –...
There was talk of revolution in the air at the 25th World Economic Forum on Asean, which took place over two days earlier this month in Kuala Lumpur. The event, which brought together politicians, top corporate and youth leaders, academics and civil society, aimed to shape global,...