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KUALA LUMPUR, MALAYSIA –\u00a0Media OutReach<\/b><\/a>\u00a0– 17 January 2022 –\u00a0The recent global pandemic \u00a0<\/p>\n According to the latest figures released \u00a0<\/p>\n The Malaysia Global Business Forum \u00a0<\/p>\n When speaking about dealing with \u00a0<\/p>\n When asked about digital resilience in \u00a0<\/p>\n “Companies can now live, or die based on \u00a0<\/p>\n “Attacks on corporations and their \u00a0<\/p>\n Data-driven business decisions have \u00a0<\/p>\n MGBF was established to empower stakeholders \u00a0<\/p>\n For more information visit www.MalaysiaGlobalBusinessForum.com<\/a>. <\/p>\n
\nhas fast-forwarded change. It has opened considerable opportunities for
\nbusinesses to make a profit while at the same time it has increased the
\npotential for crisis. The reality is the evolving threat matrix of the digital
\neconomy, which is at the convergence of many factors: cyber security, data
\nmanagement, weaponised information in the media, external attacks on supply
\nchains and rapid political and policy changes.<\/p>\n
\nby the Department of Statistics Malaysia, the country’s digital economy has
\ngrown at a rate of 17.1 per cent to a value of some RM320 billion, with some
\nestimates placing the value of the overall contribution of this sector to the
\neconomy at 22.6 per cent. These impressive growth figures have garnered the
\nattention of investors and criminal elements alike.\u00a0 <\/p>\n
\n(MGBF)’s exclusive roundtable series called “The Evolving Threat Matrix of the Digital
\nEconomy” will confront critical questions impacting the future of business in
\nthe rapidly digitising world. The four component events will focus on: addressing
\nsecurity concerns in critical value chains; digital resilience in the corporate
\nsector; charting the future of data resilience; and addressing weaponised
\ninformation in the media. <\/p>\n
\nsecurity concerns in critical value chains, MGBF Founding Chairman Nordin
\nAbdullah stated, “The threat matrix has evolved. The frontline is at the
\nconfluence of information warfare, propaganda, cyberspace incursions, social
\nmedia, algorithms, big data and behavioural communications, just to name a few.
\nBusiness leaders within complex global supply chains need to be aware of these
\nthreats and if they wish to survive, must be prepared to manage these
\nchallenges.”<\/p>\n
\nthe corporate sector, Nordin mentioned, “Corporations are in a digital arms
\nrace; it is just that many do not realise it. A new breed of mercenaries are
\nlooking to exploit gaps in cybersecurity and digital frameworks. Coupled with
\nweaponised communications that is designed to bring companies to their knees,
\norganisations need leaders who understand the new rapidly evolving strategic
\nlandscape.”<\/p>\n
\ntheir ability to generate and manage data. This strategic asset is also a
\ntarget, requiring protection from internal and external forces. Effectively
\nmanaging these existential challenges to business is the opportunity that
\nbusiness leaders need to grasp to ensure a sustainable future,” continued
\nNordin when asked about charting the future of data resilience. <\/p>\n
\nleadership often take the form of weaponised information attacks in the media.
\nThese communications often fall on the heads of corporate communicators. It
\ngoes deeper than the job scope and pay grade of communications teams. The
\nimportance of understanding these advanced business threats now falls on the
\nshoulders of board members and C-suites,” concluded Nordin. <\/p>\n
\nnever been as crucial, especially in this era. Extracting relevant and timely
\nbusiness data to analyse the competitive market environment is a key element to
\nsuccess. The Malaysia Global Business Forum (MGBF) leverages off technology, experience,
\nand market presence to aid businesses in making data-driven decisions. The
\nseries of events are part of an effort to realise a sustainable future in the
\nface of rapid change. <\/p>\n
\nat the intersection of international and Malaysian business. Through government
\nrelations, business intelligence, advocacy, media engagement, market research,
\nnetworking, advisory and business matching, MGBF delivers results for
\nindividuals, corporations, trade, and business associations, as well as
\nnational and state governments.<\/p>\n