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...
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