STAYING ONE STEP AHEAD OF CYBER THREATS

cybersecurity

In the age of smartphones, where one’s personal and financial details can be accessed with the click of a button, cybersecurity is a concern for all.

As governments around the world try to protect their citizens’ personal and financial data, in this country, the task falls on the shoulders of the Science, Technology and Innovation Ministry (Mosti) and its agency, CyberSecurity Malaysia.

According to Mosti Minister Datuk Seri Madius Tangau, cybersecurity will remain a national security concern in the years to come.

“Today, digital technology has become the single most important driver of innovation, competitiveness and growth.

“But the price one has to pay is that the trends of technologies have introduced new vulnerabilities and opportunities for cyber attackers, adding more risks of cyber attacks,” said Madius.

He added that in the recent Global Risks Report 2016 by the World Economic Forum, data fraud or theft was ranked among the top 10 global risks in terms of likelihood.

He said Mosti played an active role in the implementation of the National Cyber Security Policy, which was introduced in 2006.

“In cybersecurity, the more systems we secure, the more secure we are.

“Economic prosperity in the 21st century will very much depend on effective measures to protect our cyberspace and infrastructure,” he added.

Reflecting on how big a threat cyberattacks are, he said they could disable official websites and networks, disrupt or disable essential services such as a country’s power grids and telecommunications network, steal or alter classified data and cripple financial systems.

“Cyber threats are evolutionary and we have seen how they are growing in sophistication.

“Malaysia’s approaches towards cyber security must constantly be revolutionary and innovative,” he added.

Madius said the Government sees the need to develop a national cybersecurity innovation ecosystem which will transform cybersecurity challenges into “new opportunities, ideas, and solutions”.

“The Government will continue to give priority to cybersecurity for the next five years by emphasising the development of home­grown cybersecurity products and services, thus enabling self­reliance (for the country),” he said.

As cyber crimes are borderless, he said the Government also sees the need to work with other governments around the world to avoid issues involving jurisdiction and different sets of laws between countries.

Source : The Star (09 Dec 2016)

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