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White Paper

Cybersecurity That Keeps Malaysia’s Financial Services Industry Moving Forward

Cybersecurity That Keeps Malaysia’s Financial Services Industry Moving Forward

Cybersecurity That Keeps Malaysia’s Financial Services Industry Moving Forward

Akamai
Pages 12 Pages

Malaysia’s financial services industry is rapidly embracing digital banking and payments, but this transformation is expanding its cyberattack surface. In 2024, more than 4,000 cyber incidents were reported, ransomware attacks increased by 78%, and 88.7% of financial institutions experienced API attacks. Data breaches also rose by 29% in Q1 2025. Growing API sprawl, hybrid IT environments, third-party integrations, and evolving threats such as credential stuffing and API abuse make cybersecurity more complex. This white paper explores how proactive security, greater visibility, and cyber resilience help financial institutions reduce risk, maintain compliance, strengthen customer trust, and support secure digital innovation.

Join for free to read

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