What’s the price of borderless access for Malaysia? asks new study

AvantiKumar | Oct. 27, 2017
The latest security intelligence report found that attacks on accounts in the cloud have tripled globally as more organisations move their data to the cloud.

CyberSecurity Malaysia, Microsoft report

Photo (official): (From left) Dr Dzahar Mansor, National Technology Officer, Microsoft Malaysia with Dato' Dr. Haji Amirudin Bin Abdul Wahab, Chief Executive Officer of CyberSecurity Malaysia

 

  According to the latest security intelligence report, attacks on accounts in the cloud have tripled globally as more organisations move their data to the cloud.

Dato' Dr. Haji Amirudin Bin Abdul Wahab, chief executive officer of national digital security agency CyberSecurity Malaysia, was present when Microsoft unveiled the latest edition of its bi-annual Security Intelligence Report (SIR), Volume 22 during a media season in Kuala Lumpur recently.

Dr Amirudin, together with Microsoft Malaysia's national technology officer Dr Dzahar Mansor, focused on the Malaysia findings, which put Malaysia's malware encounter growth "at an alarming rate against the global average."

One key finding is that an average of 12.9 percent of computers running on Microsoft real-time security products in Malaysia reported a malware encounter in the first quarter of 2017.

This is slightly higher than the global average of nine percent, said Dr Dzahar, adding that the report also "found a significant decline in Malaysia's malware occurrences compared to Q1 2016. The malware encounter rate fell by 16.7percentage points compared to last year."

Top trends

 The report added: 'A large majority of these security compromises were the result of weak, guessable passwords and poor password management, followed by targeted phishing attacks and breaches of third-party services.'

Four best practices
 
Here are four best practices recommended by the report:

The story behind Malaysia's 'alarming' growth

Dr Amirudin presented some of CyberSecurity Malaysia's take on the factors behind the rising encounter rate.

"A limitless cyberspace, zero boundaries and eroding national borders are just some of the drivers behind the increase of cyber threats," he said. "Today, cyber security concerns represent one of the most serious economic and national security challenges we face as a nation."

"The findings of Microsoft's report underscores this challenge," Dr Amirudin said. "This report's valuable insights will helps us better manage these threats."

Dr Dzahar's comments included a positive note: "Driven by the proliferation of endpoints and the ubiquitous computing power of the cloud, the opportunity for digital transformation to make broad and profound impacts on our society has never been greater."

"However, for digitalisation to reach its fullest potential, users must first trust the technology they use," he pointed out. "In today's digital age, security cannot be an afterthought. It must be 'built-in', all-inclusive and intelligent."

"By making security a top priority, we can build greater trust in technology and enable digital transformation to reach its fullest potential and fulfil its grandest ambitions," said Dr Dzahar. "Microsoft is committed to helping our customers and partners build that trust and the first step is to help them understand the multitude of cyber threats out there so that they can implement more effective ways to manage and neutralize these risks."

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The latest edition of this article lives at Computerworld Malaysia.