The findings of the Hays Global Cyber Security Report 2024 reveal a growing concern among cyber security leaders in Malaysia regarding the impact of AI on workforce dynamics. With 69% of respondents in Malaysia foreseeing AI’s influence on headcount within the next five years, surpassing the global average of 56%, it underscores the urgency for organisations to address AI-related workforce challenges.
Additionally, 39% of Malaysian employees expressed apprehension about their companies’ readiness to adopt AI technologies effectively, highlighting the need for proactive measures to enhance AI adoption and integration strategies in Malaysian businesses.
Moreover, the report revealed a notable emphasis on upskilling initiatives within the Malaysian cyber security landscape. Nearly half (48%) of cyber security professionals in Malaysia report dedicated budgets exceeding 6% for talent development, compared to 26% globally. Furthermore, 54% anticipate budget increases in 2024, outpacing the global average of 40%. Despite this optimistic outlook, 92% of local respondents expressed concerns about the adequacy of these budgetary allocations.
Hays Malaysia, Regional Director, Natasha Ishak underscored the critical role of AI proficiency in addressing evolving cyber threats. She emphasised the importance of strategic investments in upskilling initiatives to equip cyber security teams with the necessary tools to combat sophisticated cyberattacks effectively.
“While the adoption of AI in cyber security presents both challenges and opportunities, it is imperative for organizations to prioritize ongoing training and skill development.
As leaders demonstrate a willingness to invest in upskilling efforts, cyber security professionals are encouraged to seize opportunities for continuous learning and professional growth,” Natasha said.
