Cybersecurity has been the top concern in Malaysia. According to the New Strait Times, as many as 22.5 million people in Malaysia had their data stolen from a payment gateway data breach and national registry in 2021. To add salt to the injury, an analysis of Cybersecurity in Malaysia from CIOSEA news stated that over RM560 million has been lost due to cases of cybercrimes in Malaysia.
One of the contributing factors to becoming vulnerable to cybercrime is the formulation of myths behind the topic of cybersecurity. While it is not unusual that broad and complex topics such as Cybersecurity get misinterpreted, there is certain information about cybersecurity that does not require you to be a technical expert or genius in the field of cybersecurity. Therefore, let’s go through the common myths of Cybersecurity to increase awareness of the issues of cybersecurity in Malaysia.
Myth 1: A Functioning anti-virus system is sufficient to protect against cybercriminals.
With the free version of the anti-virus program installed from the Windows operating system, it is easy to think that an antivirus that is constantly activated will provide us with the necessary protection from cyberattacks. If it is about viruses that are not as malignant and dangerous as other lethal viruses, then we can support the belief that an antivirus program is enough to shield you from those pesky viruses.
But when it comes to cyberattacks, the level of threats is beyond the level of a common computer virus. As our knowledge of technology grows, so does the malignant people behind every computer screen that plot to scam and steal essential information. Cybercriminals can continuously create new ways to siphon data and even hack into your electronic gadgets.
Myth 2: A long and strong password is enough to prevent exposure from Cybercriminals.
Many held the belief in the past that a long and complicated password is strong enough to secure your account or any other essential data. But this is no longer the case in our current technological era. According to The Stars News, the Malaysian government stated that a large amount of essential data from the MySejahtera application had been downloaded illegally. Their auditor report revealed that there are around 1.12 million attempts made to hack the MySejahtera application for malicious purposes.
If cybercriminals were able to hack into an application such as the MySejahtera application, what’s more, to say about the password we have created for our account?
Myth 3: Only big businesses are a good target for cybercriminals, they are not attracted to small businesses.
There is a common belief that the more capital and resources you possess in an organisation, the shinier you are in the eyes of cybercriminals. And because large organisations tend to have higher security from cyberattacks. It should not be a huge problem for them. Unfortunately, that is not the case.
An analysis from CIASEA news again has shown that over 87% of companies of both sizes have suffered from Cyberattacks in the second half of 2021. One explanation that supports this statement is that small and medium business is also “shiny” in the eyes of cybercriminals. This is because small and medium businesses tend to have fewer resources around cybersecurity protections that prevent cyberattacks.
With huge such huge forces of challenges around cybersecurity protection, we are technically vulnerable to cyberattacks anywhere and anytime! Let’s bust the myths around cybersecurity and take action together to prevent such chaos from becoming another reality.
The good news is that we are also capable of advising and helping you to set up quality and strong cybersecurity protections for your company. Do not hesitate to contact us on our Facebook page and also through this .
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