Trend Micro Incorporated says the risk of cyber attacks has increased while their newest survey Trend Micro’s biannual Cyber Risk Index (CRI) shows that 73% of organizations in Malaysia report they are likely to experience a data breach that impacts customer data in the next 12 months.
In the first half of 2021 the CRI surveyed more than 3,600 businesses of all sizes and industries across Asia-Pacific, North America, Europe, and Latin America.
The CRI is based on a numerical scale of -10 to 10, with -10 representing the highest level of risk. The current index for Malaysia stands at 0.08, which indicates a moderate risk.
“Once again we’ve found plenty to keep CISOs awake at night, from operational and infrastructure risks to data protection, threat activity and human-shaped challenges,” said Goh Chee Hoh, Managing Director for Trend Micro Malaysia and Nascent Countries.
The key findings for Malaysia from the report include:
58% said it was somewhat to very likely that they’d suffer serious cyber attacks in the next 12 months
30% suffered more than 7 cyber attacks that infiltrated networks/systems
14% had more than 7 data breaches of information assets
21% suffered more than 7 breaches of customer data over the past year
In Asia-Pacific (APAC), the top five cyber threats highlighted in the report were as follows:
Ransomware
Watering hole attacks
Advanced persistent threats (APT)
Malicious insiders
Fileless attack