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2025-04-18 04:26:09 -

AMRO sees fragmented systems, regulatory alignment, and cybersecurity as challenges for ASEAN regional payment connectivity
While ASEAN’s regional payment connectivity (RPC) is making good progress, ASEAN+3 Macroeconomic Research Office (AMRO) sees some challenges, including fragmented systems, regulatory alignment, and cybersecurity remain. The research house said in a note on Thursday that as more bilateral arrangements are added under the RPC, the complexity of integration increases. Besides, the pace of...

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2025-03-20 07:48:28 -

Ekuinas invests in Malaysian cybersecurity firm Bluesify
Malaysian government-linked private equity firm Ekuiti Nasional Berhad (Ekuinas) announced Monday its investment in Bluesify Solutions Sdn Bhd, a local managed security service provider (MSSP). This strategic investment, made via Ekuinas’ Dana Asas I fund reiterates Ekuinas’ continued commitment to accelerate the growth of Bumiputera companies in strategic sectors, Ekuinas said in...

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2025-02-12 11:18:17 -

Gobi Partners backs ArmourZero to boost cybersecurity for SMEs across Southeast Asia
Gobi Partners, an Asian venture capital firm, has announced a strategic investment in ArmourZero Holdings Pte Ltd, a cloud-based cybersecurity platform offering AI-powered application security and security-as-a-service (SECaaS). The duo said in a statement on Wednesday that this investment, made through the Gobi Dana Impak Ventures (GDIV) fund backed by Khazanah Nasional Berhad, aligns with...

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2025-03-31 02:15:19 -

Innovating to improve cybersecurity is forever a work in progress
The global cyber threat situation has worsened over the past few years. After the pandemic sent businesses and consumers online, the number of cybercrime targets increased exponentially, leading to more cases of cyber attacks and organizations that belatedly realized they were unprepared for the threats. The cybersecurity community responded with the emergence of more security providers and...

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2025-02-12 04:06:22 -

APAC businesses face rising AI-driven cyberattacks in 2025
In 2025, businesses across the Asia-Pacific (APAC) region are confronting a significant escalation in cyberattacks driven by artificial intelligence (AI). These sophisticated threats — like deepfake scams and AI-enhanced phishing — pose substantial risks to financial stability and reputations. To mitigate these dangers, APAC businesses must adopt proactive cybersecurity measures and...

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2025-04-03 12:43:36 -

Cyber risk is business risk: Five tips for business leaders in Singapore to consider
In today’s turbulent business and geopolitical landscape, executives in Asia Pacific are juggling growth, efficiency, and resilience while navigating shifting trade policies and economic uncertainty. These pressures are driving up costs, complicating global supply chains, and limiting market access. Yet, amid this high-stakes environment, one critical element is too often overlooked:...

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2025-04-08 13:56:01 -

How data visualization tools help in fraud detection: A brief outline
Fraud detection is a critical challenge for businesses, financial institutions, and government agencies. As fraudulent activities become more sophisticated, traditional detection methods often fall short. Data visualization tools provide a powerful solution by transforming complex datasets into intuitive, visual representations. These tools help analysts identify suspicious patterns, anomalies,...

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2025-01-08 12:18:34 - 5.0

Look beyond access management: Stay secure with a unified identity security approach
The rapid digital shift brought about by the pandemic has triggered seismic changes across the cybersecurity ecosystem. Today’s world has ushered in an era where companies require more tools, applications, accesses, and connections. Additionally, many variables such as mergers and acquisitions, periodic staff changes, and increasing cloud adoption have only compounded the difficulties of...

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2025-04-10 06:28:09 -

Malaysia and Thailand’s central banks strengthen partnership to enhance cyber resilience
Bank Negara Malaysia (BNM) and Bank of Thailand (BOT) have on Thursday signed a memorandum of understanding (MoU) to strengthen joint efforts in cybersecurity and digital fraud protection. This initiative also promotes a closer working relationship between the two central banks, enabling more effective information sharing, capacity building, and the exchange of best practices, the duo said in...

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2025-01-28 00:14:41 -

MYEG partners with MyDigital ID Solutions to set up Malaysia’s blockchain-powered digital identity ecosystem
Malaysia-listed digital services company MY E.G. Services Berhad announced a strategic collaboration with MyDigital ID Solutions Sdn Bhd to establish a blockchain-powered national digital identity ecosystem, the MyDigital ID Superapp, marking a major advancement in the battle against online fraud. This partnership between MYEG’s wholly-owned subsidiary MYEG Alternative Payment Services...

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2025-04-02 06:49:29 -

NCSA partners Google Cloud to bolster security for Thailand’s cyberspace external inbox
Thailand’s National Cyber Security Agency (NCSA) and Google Cloud have on Wednesday announced a strategic collaboration to bolster the cyber resilience of Thailand’s digital landscape. This collaboration will leverage artificial intelligence (AI) and intelligence-driven cyber defense, enabling public sector entities and citizens to continue realizing the benefits of digital...

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2025-04-28 06:27:36 -

Singapore-based SquareX raises $20M in Series A funding led by SYN Ventures
SquareX, a Singapore-based cybersecurity startup, has announced the closing of a $20 million in Series A funding led by SYN Ventures, a venture capital firm focused on cybersecurity investments. SquareX said in a statement on last Thursday that the funding also saw participation from existing investor Peak XV Partners (formerly Sequoia Capital SEA). According to the statement, the browser has...

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