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New UK report spots 'cybersecurity disconnect' in Malaysia

AvantiKumar | Feb. 17, 2017
"We predict 2017 will see the end of the age of innocence for senior business leaders and boards; we will see more executives being held to account for security failures," said BAE Systems Applied Intelligence’s Barry Johnson.

Almost three times as many C-Suite executives think that human error will enable a cyber attack than ITDMs (85 vs 28 percent ), making Malaysian C-Suite respondents the least trusting globally (averaging at 64 percent) of their people. More ITDMs think it would likely be through attackers breaching their network from outside (43 percent).

BAE Systems Applied Intelligence's Barry Johnson, who in his 2017 predictions, earlier said:  (What's really in store for Malaysia's IT industry in 2017): "We predict 2017 will see the end of the age of innocence for senior business leaders and boards faced with cyber attacks; we will see more executives being held to account for security failures. No longer can any internet-connected system be expected to be 100 per cent secure, and no longer can businesses get by without proper investment in cyber defence. However, companies will also realise they needn't view security and privacy as a compliance burden, but as an opportunity to win the trust of their customers and differentiate themselves in the market."

Commenting on the Malaysia findings, Johnson said, "Perhaps most worryingly for Malaysia, none of our executives are confident that their company has all the skills necessary to deal with a cyber attack; the lowest amongst all markets surveyed."
 
He added: "BAE Systems works closely with institutions and agencies such as CyberSecurity Malaysia, as well as investing thousands of training hours into our almost 350 employees, to try to close that skills gap and lift the cybersecurity capability and capacity for Malaysia's future needs."

The first version of this article appeared on Computerworld Malaysia 17 February 2017.  This article is also be part of an inaugural Computerworld Malaysia Security insights roundup series.

 

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