Data breaches to cost RM3.2mil in 2026, says report

Source: Free Malaysia Today
Published on: 2026-04-23 05:54

PETALING JAYA: The average cost of a data breach in Malaysia is expected to rise from RM2.9 million last year to RM3.2 million this year, highlighting the increasing financial toll of cyber incidents on businesses, according to an industry report. The report, Beyond Compliance: The State of Cyber Resilience in Malaysia 2026, by the National Tech Association of Malaysia (Pikom) said that some organisations it surveyed also reported losses exceeding RM5 million from a single major incident. "Cybersecurity is no longer just 'IT security'; it is a pillar of national economic stability," Pikom's cybersecurity adviser Rodney Lee said at the Future of Cybersecurity Summit 2026. He said 35.9% of surveyed organisations experienced at least one cybersecurity incident between January 2024 and December 2025. The report found that the most common attack types were AI-generated phishing or deepfak...

(Please login to view full article)

Third-Party Content Disclaimer

Content displayed on this platform may include news articles, reports, and other materials aggregated from publicly available third-party sources through automated tools. Such content is not created, written, commissioned, or edited by Straits Interactive Pte Ltd or the Data Protection Excellence (DPEX) Network.

While we take reasonable steps to ensure responsible publication, we do not independently verify all third-party information and make no representations as to its accuracy, completeness, or reliability.

The views, findings, and statements expressed in third-party content belong solely to the original source and do not reflect the views of Straits Interactive Pte Ltd or the DPEX Network.

If you believe any content is inaccurate, infringing, or should be removed, please contact us at legal@straitsinteractive.com. We will review the matter and, where appropriate, take action in accordance with our internal policies.

Unlock these benefits
globe

Get access to news, enforcement cases, events, and actionable tips and guides

email

Get regular email updates and offers

job

Job opportunities, mentorship and career guidance

discuss

Exclusive access to Data Protection community - ask questions, network and share knowledge with peers and experts via WhatsApp and Linkedin