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Navigating the Rise of Cyberattacks across APAC
April 25 @ 9:30 am - 11:30 am
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As the Asia Pacific accelerates efforts to digitize their economies, the risk of cyberattacks increases. According to IBM’s Security X-Force Threat Intelligence Index, APAC was the most attacked region in 2022, accounting for 31% of attacks globally, and the World Economic Forum (WEF) has declared the region as “the new ‘ground zero’ for cybercrime incidents.” In Malaysia, organizations across industries faced over 74,000 attacks per day in 2023 alone.
At the same time, emerging technologies such as artificial intelligence (AI) are adding to the cybersecurity threats organizations are facing on a daily basis. The global cost of these threats could triple from US$8.4 trillion to US$24 trillion by 2027. According to IBM, the average cost of a cyber breach in 2023 was US$4.45 million, and for organizations with high levels of security skills shortages, that number ballooned to US$5.26 million.
Meanwhile, many organizations across the region continue to underestimate the risk threat actors pose to their businesses and continue to operate in environments where cybersecurity regulations remain inadequate.
So, how should organizations position themselves to prepare for the inevitable?
Join AMCHAM for this timely panel as experts in the industry navigate and discuss best approaches on cybersecurity.
Event Details:
Date: Thursday, 25 April 2024
Time: 10:00 AM to 11:30 AM (Light refreshments to be served)
Venue: AMCHAM Executive Office
Address: Level 10, Bangunan Faber Imperial Court, Jln Sultan Ismail, 50250 Kuala Lumpur
Parking: Basement Parking under Sheraton Imperial Hotel – Cashless parking
*First hour RM10, Subsequent hour RM5
For more information, please reach out to our Government Relations team at [email protected].
Additional Reading:
- Cost of a Data Breach Report 2023
- Gain new insights into top threats to help you prepare and respond faster
- Kaspersky: Threat of cyber attacks to remain on the rise in Malaysia this year
- Why is the Asia Pacific region a target for cybercrime – and what can be done about it?