Cybersecurity Standards: A Case Study On Malaysian Banking Sector

1977 words - 8 pages

Cybersecurity Standards:
A Case Study on Malaysian
Banking Sector
Anwer Yusoff
Head, Industry & Business Department
CyberSecurity Malaysia
Sept 18th 2013
Copyright © 2013 CyberSecurity Malaysia

Internet use in

Malaysia

17

,723,000
internet users

Sources: Internet World Stats (30 June 2012)
Copyright © 2013 CyberSecurity Malaysia

2

Internet use in

Malaysia
The highest usage was
recorded among people
aged 20-24.
almost 6 in 10 (57%) regularly
use the internet.

Malaysian internet users
(aged 20-24) spend an average
of 22.3 hours online per week

87.9% of Malaysians on the
internet access Facebook

Once online, Malaysian’s Top 3
activities
1. ...view middle of the document...

Copyright © 2013 CyberSecurity Malaysia

7

Which are more common
malicious attacks or accidental breaches?
We believe Malicious attacks are more
common in Malaysia
According to Sophos Security Threat Report 2013:

Malaysia is 6th
Riskiest country
TER of 17.44%
Norway with 1.81% TER
Indonesia with 23.54% TER
Threat Exposure Rate (TER)
(TER is measured as the percentage of PCs that experienced a malware attack, whether
successful or failed, over a three-month period)
Copyright © 2013 CyberSecurity Malaysia

8

Malaysians hardly report Malware attacks
perhaps due to ignorance?
MALWARE REPORTED
to Cyber999

VS

DETECTED by
MyCERT Honeynet

Year

Malicious Code to
Cyber999

Up to 31 May,
2013

1158

263,625

2012

645

1,477,810

2011

1012

5,779,546

2010

1199

2009

Total Botnet & Malware
(by unique IP)

Due to
Conficker

283
Copyright © 2013 CyberSecurity Malaysia

5,307,790
1,889,165
9

MALAYSIANS
tend to IGNORE spams rather than report them to Cyber999.
* Spamming is one of the method of spreading Malware*

SPAM REPORTED
to Cyber999

VS

DETECTED via
MyCERT Honeynet

Year

Reported to
Cyber999

Detected Spam
Emails

Spam Networks

Up to 31 May,
2013

723

349,827

173,321

2012

526

58,950

63,495

2011

3751

80,607

29,688

2010

1268

129,788

24,644

2009

n/a

93,094

90,992

Copyright © 2013 CyberSecurity Malaysia

10

Cyber criminals everywhere…..
Edward Snowden

11

Copyright © 2013 CyberSecurity Malaysia
Copyright © 2013 CyberSecurity Malaysia

Challenges for legal regime…

12

Copyright © 2013 CyberSecurity Malaysia
Copyright © 2013 CyberSecurity Malaysia

The world is becoming more digitized and interconnected,
opening the door to emerging threats and leaks….

DATA
EXPLOSION

The age of Big Data – the explosion of digital
information – has arrived and is facilitated by
the pervasiveness of applications accessed
from everywhere

CONSUMERIZATION
OF IT

With the advent of Enterprise 2.0 and social
business, the line between personal and
professional hours, devices and data has
disappeared

EVERYTHING
IS EVERYWHERE

Organizations continue to move to new
platforms including cloud, virtualization,
mobile, social business and more

ATTACK
SOPHISTICATION

The speed and dexterity of attacks has
increased coupled with new actors with new
motivations from cyber crime to terrorism
to state-sponsored intrusions

Copyright © 2013 CyberSecurity Malaysia

What steps are taken by the

Malaysian Government

to keep cyber threats under control ?

One of the most

important
step is creating :

National Cyber
Security Policy
(NCSP)

Establishing
CyberSecurity
Malaysia to
implement NCSP

Copyright © 2013 CyberSecurity Malaysia

National Cyber Security Policy
Malaysian’s Critical National Information
Infrastructure will be secure,...

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