Selangor, 15 August 2022 – According to recent reports, Malaysia is among the least cyber-secure countries worldwide. It is estimated that cybercrime cases caused a whopping loss of RM 560 million in 2021.
In a move to address this, leading Malaysian cybersecurity firm, Integrated Global Solutions (IGS) recently introduced an all-inclusive coverage against cyber threats and attacks. With the new line-up of offerings, Malaysian enterprises can safeguard themselves against unwanted attacks and threats, such as ransomware, malware, phishing, and more.
“As there is a gap in cybersecurity offerings accessible in Malaysia, IGS strives to expand its footprint in cybersecurity and become Malaysia’s most trusted cybersecurity solution provider. We believe the new line-up can assist enterprises to adopt cybersecurity measures to mitigate risks and threats. The new cybersecurity offerings include cyber threat intelligence, cloud security, network security, endpoint security, demilitarized zone (DMZ), and security support services,” Ang Poh Koon, CEO of IGS.
One of the solutions provided by IGS, cyber threat intelligence, would enable enterprises access to information about existing and incoming cyber threats. Key raw data are collected, processed, and analysed to understand a threat perpetrator’s motives, targets, and attack behaviours. This data is then used to prepare, prevent, and identify cyber threats looking to exploit valuable assets. These measures are done proactively rather than reactively and the data collected would be analyzed as well as filtered to create threat intel feeds and reports that contain pertinent information that can be used by automated security control solutions.
“Cybersecurity is an element that businesses must take cognisance in today’s business environment. As cyber threats and attacks are constantly evolving, it is imperative to stay one step ahead by implementing multi-layered cybersecurity infrastructure to avoid unwanted incidents. In terms of cyber risk mitigation, IGS has aided over 250 enterprise customers in preventing these attacks,” he added.
Presently, Malaysia has recorded 761,237 different incidences of malware attacks. Cyber-attacks frequently caused loss of revenue, operational disruption, and reputational damage to organizations, some of which are felt for years after the attack had occurred. As a result, organizations should move to a proactive approach in managing these attacks and threats.
An organization’s vulnerability, according to Ang, means that any attacks on the business would result in significant losses, hence it is advisable to take the ‘prevention is better than cure’ approach. Having cyber security programs and mechanisms in place to protect data is crucial and in every organization’s interest.