There is a pressing need for international collaboration and cooperation to responsibly protect the digital economy of each country and ensure the citizens live in a secure and hygienic cyberspace.
Communications and Digital Minister, Fahmi Fadzil said the cyber domain transcends the geographical boundaries of countries, thus in almost all cybersecurity frameworks, international collaboration will be identified as a pillar or area of concern.
“No entity can work in silo in countering cyber threats. Cybersecurity is a shared responsibility, therefore, there must be a smart collaboration with each other for this purpose,” he said at the London Tech Week (LTW) 2023 closing keynote address yesterday.
Fahmi emphasised that cybersecurity is now an enabler of economic progress and improved living conditions in the digital economy.
It plays a larger role in people’s daily lives as cyber threats are becoming more advanced and sophisticated. Therefore, the next move is to step up the role of technology developers and businesses, the minister explained.
“As responsible technology developers and businesses, they must apply the principle of security-by-design in digital transformation business projects to protect the digital community against malicious threat actors at a minimum acceptable level of cybersecurity standard and deter malicious threat actors from nefarious activities,” he said.
Malaysia is currently mitigating cyber threats through bilateral and multilateral relations and is taking initiatives to be active in the international arena.
The country is also taking steps to address the issue, such as the establishment of the National Cyber Security Agency (Nacsa) and actively hosting the Cyber Defence and Security Asia Expo and Conference in August 2023.