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Cybercriminals Exploiting New Industry Vulnerabilities 43% Faster, Fortinet Says - BusinessToday

As threat actors bind together to attack systems globally, so must the private sector and the government come together to counter cyber threats at all levels. It’s projected that the impact of cybersecurity will rise to a cost factor of USD10.5 Trillion (RM49.43 Trillion) in 2025, rising from USD3 Trillion (RM14.12 Trillion) in 2015. In Malaysia, the most targeted Sectors are Technology, Government, Manufacturing, Retail and Logistics. Most common cyber threats in Malaysia are phishing, ransomware, patching, identity theft vulnerabilities and iot-based attacks with 86% of surveyed organisations saw a 2 Time jump in breaches or doubling in 2023.

businesstoday.com.my     Jun 20, 2024