Companies spent the equivalent of around US$15 billion extra on technology to enable safe and secure home working during Covid-19, as reported in the 2020 Harvey Nash/KPMG CIO Survey.
This was one of the biggest surges in technology investment in history – with the world’s IT leaders spending more than their annual budget rise in just three months, as the global crisis hit and lockdowns began to be enforced.
With the pandemic accelerating digitalization, IT leaders can look at implementing key cybersecurity measures such as embedding pragmatic remote working security controls to deal with Covid-19 themed threats, conducting stress test to review the organization’s security protocols, as well as bolster cloud transformation and cyber resilience.
“The pandemic has been a wakeup call for many and has hastened the pace of digital transformation here in Malaysia. This dramatic shift required organizations to rethink their digital strategy to cope with the risks and upskill their talent without compromising on the security and privacy aspects of their organization, especially in this new way of working today,” said Datuk Johan Idris, Managing Partner, KPMG in Malaysia.
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