"The top 1000 ASEAN companies could lose $750 billion in market capitalization, and cybersecurity concerns could derail the region’s digital innovation agenda… ASEAN countries need to spend between 0.35 to 0.61 percent of their GDP – or $171 billion collectively on cybersecurity in the period spanning 2017 to 2025."
- Cybersecurity in ASEAN: An Urgent Call to Action, AT Kearney, 2018
In comparison, Malaysia’s potential economic loss due to cybersecurity incidents ‘can hit a staggering US$12.2 billion, which is more than 4 percent of the country’s total GDP, according to a recent report by Microsoft and Frost & Sullivan.
As collaborative mechanisms take shape in the country, the fast digitizing enterprises are searching for cost efficient and futuristic, yet simpler, cybersecurity solutions to safeguard their growth.
The preparedness, posturing and cyber-redundancy with Malaysia’s medium to large enterprises are challenges owing to either inadequate awareness or to lack of resourcing while undertaking digital transformation. The survey also mentions how close to two-thirds embark on cloud and AI integration without adequate security measures.
The situation is not made any easier with the complex working needed with multiple technology provider and their solutions which are most not interoperable.
Questex Asia’s Total Security Conference 2019 in Kuala Lumpur on 1 October will be bringing together stakeholders from regulators, agencies, enterprises, consultants and technology providers to discuss and debate the above scenario and arrive at practical, cost efficient and collaborative mechanisms to safeguard the businesses sustainably.
Who will attend?
To ensure the conference offers the highest degree of relevancy, only C-Level, Senior Executives and IT professionals from corporate, public and government agencies are invited to attend. This exclusive format allows delegates to connect with those peers whose insights they respect the most – through exceptional networking, business meetings and strategic information-sharing sessions.
Business and IT professionals in enterprise-wide security, risk management, BCM or critical infrastructure:
- Chief Information Security Officer
- Head / Director / VP – IT Security
- Head / Director / VP – Technology Risk
- Head / Director / VP – Business Continuity Management
- Head / Director / VP – IT Security & Assurance
- Head / Director / VP – Information Security Risk
- Head – Technical Architecture