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Cybersecurity tops agenda in Asean boardrooms

The pandemic has prompted almost half of businesses in Asean to bring up cybersecurity in board rooms

by Josh.Breaker-Rolfe
March 15, 2022
in Cyber Bites
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Businesses in Asean have placed cybersecurity squarely on the agenda, with business leaders discussing plans to plug existing gaps and adopt next-generation capabilities.

This focus has been prompted by 94% of organisations in the region reporting a climb in cyberattacks last year, with 24% seeing at least 50% increase in disruptive attacks.

92% of Asean businesses believe that cybersecurity is a priority for their business leaders, according to a survey by Palo Alto Networks.

The survey, conducted in November of last year, polled 500 respondents across five Asean markets – 100 from Singapore, Indonesia, Malaysia, Thailand and the Philippines respectively.

IT decision makers and business leaders came from five verticals: financial services, government, retail, telecommunications, and fintech.

Some 74% pointed to an increase in focus on cybersecurity within their leadership team, with 46% discussing such issues at the board level every quarter and another 38% doing so every month.

 

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