By Aaron Bugal, Field CISO, APJ, Sophos AI is fast becoming the new productivity engine in Malaysia’s corporate landscape. From copilots that summarise reports to chatbots that draft emails, employees are discovering clever ways to work faster and smarter. But in the rush to embrace innovation, a new blind spot has emerged: shadow AI. Shadow ... Read more ›
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55% of firms were hit with ransomware attacks in 2021, up from 34% in 2020. 52% of financial services organizations paid the ransom to restore data, which is higher than the global average of 46%. Cybercriminals today employ ever-more sophisticated methods to collect massive ransoms. Even the most security-conscious institutions are vulnerable because of their... Read more » Read more ›
12
Consumers in Southeast Asia are the most confident in the world that the metaverse will benefit society in the future Concerns about personal data privacy, security, and digital inclusion continue to dominate consumer concerns worldwide Future events are imminent. There are innovations taking place right now that seem to have been lifted from a science-fiction... Read more » Read more ›
2
Article by Rohan Persaud, Director of Channels and Alliances at Sisense 2022 is fast recharging economic and business activity globally, with data and analytics playing a key role in helping organizations build resiliency and thrive in this uncertain landscape. Analytics opens fresh opportunities to innovate, drive transformation, mitigate risk, and allow organizations to remain competitive.... Read more » Read more ›
5
Data breaches are becoming increasingly common in Southeast Asia with Malaysia experiencing several major ones in recent times. In fact, Tech Wire Asia has reported numerous data breaches involving government agencies and the financial industry in the country in the past few weeks. Data breaches not only involved companies in Malaysia as cybercriminals were even... Read more » Read more ›
2
Industry commentators note changing perceptions of payments spreading from B2C spaces to B2B. Omnichannel gaining traction, with fraud prevention measures ensuring safer and smoother transaction experiences. Read more ›
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The demand for 5G-compatible smartphone has nosedived in Southeast Asia as practical uses of 5G have yet to be seen amid rising inflation. 5G devices experienced their first sequential decline to 18% of overall smartphone shipments in the second quarter. Demand has shifted to more practical aspects of smartphones such as battery life, storage, processor... Read more » Read more ›
3
Ola Electric plans to start producing electric cars in India in 2024 with a range of up to 500km. The firm claims “it will be the sportiest car ever built in India with an all glass roof.” The company is currently setting up an EV ecosystem, aiming to produce cars, two wheelers and batteries all... Read more » Read more ›
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Cybersecurity and technology industry leaders agree that dealing with threats has to be a collective effort. Over the years, numerous alliances from cybersecurity and tech vendors, government cybersecurity agencies and the private sector have been formed with the aim of mitigating risks, threats and other cybersecurity issues. Yet, despite this, cybercrime continues to be a... Read more » Read more ›
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69% of respondents in Asia Pacific suffered at least one ransomware attack in the past 12 months According to CrowdStrike, eCrime is the most common threat activity, making up about 49% of cyber-attacks Today’s world depends on technology more than ever. Technology’s development and emergence have improved human existence, but convenience has also increased the... Read more » Read more ›
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Only 5% of the C-suite says that an internal or external incident response team is present 8% of the surveyed executives admitted to paying the ransom as fast as possible to gain access to their business data The COVID-19 pandemic, combined with society’s growing digitalization, has led to an increase in cybercrime in Southeast Asia... Read more » Read more ›
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Article by Reinhart Hansen, Director of Technology, Office of the CTO, Imperva The banking industry is transforming from traditional brick-and-mortar offices to digital experiences powered by apps and application programming interfaces (APIs). Today, banks seek to offer customers more digital services in a seamless manner, by collaborating with other financial services providers as well as... Read more » Read more ›
2
Malaysian payment gateway platform iPay88 admitted last week that they were the victim of a data breach. The announcement raised alarms among many, considering that iPay88 is one of the biggest point-of-sale solutions providers in the region. The payment methods affected include just online transactions via a credit, debit or prepaid car, excluding other points... Read more » Read more ›
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In the latest data breach episode, a hacker has claimed to have obtained the personal information of 48.5 million users of Shanghai’s health code, or Suishenma. The hacker posted an offer to sell the data for US$4,000 on a hacker forum, providing a sample of the data including the phone numbers, names and Chinese identification... Read more » Read more ›
2
Humanoid bots are becoming increasingly in demand as organizations look to increase their productivity. While collaborative robots (cobots) and other autonomous robots in production and manufacturing plants have been enhancing productivity, the use of humanoid bots is expected to be more efficient as well. Elon Musk unveiled Tesla’s humanoid robot, named Optimus last year and... Read more » Read more ›
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Personalization has become an important tool for most organizations today. The ability to provide customers with what they need by suggesting products and services based on their wants has been a game changer in the industry. Today, predictive analytics tools enhance personalization as they are able to analyze customer behaviors and patterns whenever they use... Read more » Read more ›
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As ESG continues to influence investment opportunities, greenwashing is slowly becoming a big problem globally. When first introduced nearly two decades ago, the aim of ESG was straightforward. It’s about prioritizing environmental, social, and governance standards when investments are made. The environmental criteria refer to business practices and initiatives that are environmentally friendly while social... Read more » Read more ›
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90% of businesses recognize that messaging apps are important for success Business messaging is becoming more widely used throughout the Asia Pacific (APAC) region People use messaging extensively in their daily lives, which reflects the rapid change in how people communicate online and their desire to communicate with a business, in the same manner, they... Read more » Read more ›
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Virtuos Kuala Lumpur aids Malaysia’s development as a regional center for video game development through talent development and job creation There are currently 20 million players who generate $673 million in income annually on average in Malaysia. One of the more popular forms of entertainment among young adults—and more recently, among older individuals as well—is... Read more » Read more ›
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Singapore has 5.3 million social media users, accounting for 89.5% of the country’s total population Instagram is still the most engaging platform, with content growing by 5.34% and engagement increasing by 14.18% to 34.57%. Social media has long since grown to play a significant role in people’s everyday lives because it keeps everyone in touch... Read more » Read more ›
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FamilyMart is a popular food chain in the Asia Pacific. With over 16,000 stores in Japan, ensuring the supply chain of products to these stores is essential in keeping customers happy. While using manual labor for inventory management and stock keeping is primarily the way most businesses operate, technology today has enabled most of these... Read more » Read more ›
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06.11.2025 12:36
Last update: 12:30 EDT.
News rating updated: 19:33.
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