Time for Asian businesses to ramp up their cyber security defences

WE do not have to look far to see how technology has become so integrated in our lives. The mobile phone, for example, has become a window to the world through social media and the Internet. It has also been used widely for banking and e-commerce around the world, including the Asia-Pacific (APAC), where a number of countries are considered mobile-first. Indeed, mobile technologies have created endless possibilities with new apps being developed every day.

With these capabilities, security has become more crucial than ever. Cyberspace is a rapidly moving realm where new innovations abound. It is also where cyberthreats lie. The same cyber security risk extends to businesses, where a small oversight can change the fate of a company overnight. Every time users log in on their desktop or mobile phones, they expose themselves to a certain degree of risk.

Despite the proliferation of new digital services in APAC, only a few countries in the region have implemented national cyber security strategies; and many struggle to keep up with the evolving threats and regulations.