Zainir Aminullah (pic), Ideate Media CEO, said: "While Ideate Media welcomes the allocation of RM250 (US$58.78) million for the national broadcasting digitalisation project outlined in the Budget, we hope that the government will continue to support the creative content industry as a sustainable catalyst for the nation's growth.
"It remains a priority to address the fundamental challenges, with a greater call to examine how the existing fund is utilised. As we move forward, the industry needs to better optimise the support by creating meaningful, original content that can be owned and linked to commercial outcomes," said Zainir, adding that Malaysia was now "well-positioned to move from the existing production-led state towards an industry that approaches every step of creative content development in a cohesive manner - from ideation to production and commercialisation. We need to encourage the incubation and ownership of local intellectual properties (IP), and move beyond being an outsourcing production hub. This will not only provide greater opportunities for local players, but also increase the ability to broaden the export of Malaysian-made content and drive a sustained funding environment."
He also called for a mind-set change. "Producers need to embrace a mind-set where content must be produced with a buyer or a commercial interest in mind at the early stages. To drive this shift, industry funding programmes should measure success of the product by ROI. It will then provide an assurance that every development comes with returns, which can be channelled back into the ecosystem to fuel the growth of content creation and upskill our local talents."
Tan Yuh Woei (pic), senior director, ASEAN, Symantec, welcomed "the strong focus on improving our telecommunications infrastructure, with an allocation of RM1.2 billion (US$280 million) to improve Internet speeds from 5mbps to 20mbps. Symantec also lauds the government's effort to elevate the B40 group with initiatives such as eUsahawan and eRezeki which will be expanded countrywide through the RM100 (US$23.51) million injections from the Ministry of Communications and Multimedia (MCMC)."
"The Symantec Internet Security Threat Report 20 shows that cybersecurity in Malaysia continues to be a concern," said Tan. "With advanced tech and adoption of internet, a lot of security problems are starting to grow in Malaysia. With the influx of Malaysians coming online, increased Internet speeds and initiatives such as eRezeki and eUsahawan, there needs to be an increased awareness on cyber security to further protect Malaysians from the rising threats around the world. Cybersecurity should be everyone's concern - not just government and businesses. By educating themselves about security risks, and following basic best practices, Malaysians can do a great deal to improve the digital threat landscape."
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