At the launch of MyDIGITAL and Malaysia Digital Economy Blueprint virtually early this year, Malaysia Prime Minister, Tan Sri Muhyiddin Yasin said “it has never been clearer that technology is a convenient tool for advancement in the best of times, and an essential tool of survival during the most challenging of crises.” Technology is an enabler for a digitized nation where businesses are conducted in a digitized environment.
With the advent of technology and an increased dependency on the world wide web to help us get through the week, it has sparked an increase in cybercrimes and amongst the six main thrusts of the Digital Economy Blueprint (MyDIGITAL) is mapping out the importance of cybersecurity. With a robust cybersecurity infrastructure, it can set the foundation from which businesses and enterprises can operate and grow in a safe and secure digital environment.
In 2020, Malaysia recorded 6,512 cybersecurity incidents. In the period between January to May 2021, the number of incidents recorded stood at 4,615, representing an almost one-fold increase in threats and incidents comparatively. Cyber crimes have also shown an upward trend.
The Prime Minister also said that the MyDIGITAL sets out a combination of initiatives and targets across the three phases of implementation until 2030. It is also expected that by 2025, the digital economy will contribute 22.6% to the Gross Domestic Product (GDP) of the country.