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Companies should bolster cybersecurity budgets in transformation plan

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Companies in Malaysia should revisit their overall cost efficiency and bolster funds towards cybersecurity as part of their digital transformation plan, KPMG Management and Risk Consulting Sdn Bhd said.

Its Head of Cyber, Jaco Benadie, said achieving cost efficiency while maintaining robust cyber defense capability controls is a complex task in the middle of a pandemic.

"While organizations significantly increased their investments into digital adoption last year to cope with the new normal, cybersecurity tends to be relegated as an afterthought in favor of enabling customer engagement online and improving employee mobility," he said in a statement yesterday.

Read the full article as published by Borneo Post (KK).

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KPMG International Cooperative (“KPMG International”) is a Swiss entity.  Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.

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