Labuan FSA resumes operation after cybersecurity incident

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Labuan FSA resumes operation after cybersecurity incident
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Its director-general Nik Mohamed Din Nik Musa says the system is fully operational after weeks of intensive efforts to address the security breach.

Labuan Financial Services Authority said it had engaged global cybersecurity firm Mandiant to conduct a thorough investigation of the security incident.

Labuan FSA director-general Nik Mohamed Din Nik Musa announced that the system is fully operational after weeks of intensive efforts to address the security breach. He also reiterated Labuan FSA’s commitment to ensuring the integrity and security of its systems and data. To bolster security, Labuan FSA has implemented a range of measures, including multi-layered protection mechanisms for both the system and endpoints.

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