45% of respondents experienced breaches costing over US$1mil in past year No single org or entity can solve problem alone, vital role for govts to play Image source: 2023 Fortinet-IDC Asia Pacific SASE Survey A recent Asia-Pacific SASE survey commissioned by Fortinet from IDC revealed that 45% of Malaysian respondents experienced breaches costing over US$1 million in the past year. Additionally, 86% of surveyed organizations in Malaysia reported at least a 2X or greater increase in breaches, while 52% experienced a 3X jump in breaches.
No single org or entity can solve problem alone, vital role for govts to play A recent Asia-Pacific SASE survey commissioned by Fortinet from IDC revealed that 45% of Malaysian respondents experienced breaches costing over US$1 million in the past year. Additionally, 86% of surveyed organizations in Malaysia reported at least a 2X or greater increase in breaches, while 52% experienced a 3X jump in breaches.
As businesses in Malaysia adopt hybrid work models and digital solutions, managing cybersecurity becomes increasingly difficult. The survey results indicate that cybersecurity is not something Malaysian businesses can easily handle., Country Manager at Fortinet Malaysia, pointed out the shortage of skilled talent with the right certifications as a significant challenge.
He noted as well that four out of five companies in Malaysia face difficulties finding qualified cybersecurity professionals. Furthermore, two out of three decision-makers believe their employees are not cyber-aware, emphasizing the need for education and training. Unmanaged devices connecting to networks also pose a significant risk for security breaches. The survey indicates that 30% of devices connecting to networks in Malaysia are currently unmanaged, with 56% of respondents predicting a 50% increase by 2025. As the number of users, devices, and data located outside of enterprise networks continues to grow, companies face increasing challenges in maintaining a secure environment.
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