KUALA LUMPUR, October 15 — Cisco Malaysia stands firmly behind the Malaysian government’s vision as outlined in the 2024 budget, expressing its commitment to the nation’s digital growth and quest for a more equitable future. Hana Raja, Managing Director of Cisco Malaysia, emphasized the crucial role of technology in driving economic growth and praised the government’s emphasis on utilizing technology to empower Malaysia in its digital journey. Cisco is ready to collaborate and back the government’s ambition to foster an inclusive future for all Malaysians.
Addressing the growing complexity of cybersecurity in today’s hybrid world, Cisco commended the government’s allocation of RM60 million to Cybersecurity Malaysia for the development of a 5G Cyber Security Training Framework. In light of the expanding threat landscape, securing digital assets and critical infrastructure is paramount. As a global leader in cybersecurity, Cisco is well-prepared to assist the Malaysian government in enhancing its cybersecurity defenses.
Notably, only 16% of Malaysian companies are currently deemed at a mature level of readiness to defend against cybersecurity threats, according to Cisco’s Cybersecurity Readiness Index. Cisco recognizes the significance of equipping individuals with the necessary skills to tackle the challenges of the digital age and supports this through initiatives like the Cisco Networking Academy, where skills in cybersecurity, networking, data science, and more are imparted.
Moreover, Cisco believes in the potential of emerging technologies like AI to enable organizations and industries to operate at an unprecedented scale. Collaborative efforts with organizations in Malaysia are integral to building a robust digital workforce. In the spirit of public-private partnerships, Cisco lauded the budget’s allocation of RM76 million for furthering research and development capabilities and supporting SMEs in technology adoption, especially in the green economy.
Cisco’s existing collaborations in Malaysia, including a partnership with Telekom Malaysia to establish a 5G-as-a-service Centre of Excellence, exemplify its dedication to supporting digital transformation for SMEs. Cisco sees Malaysia’s economic growth and global competitiveness directly linked to its technological and innovative capabilities. The company expressed its readiness to join hands with the Malaysian government, offering technological expertise, solutions, and experience to help the nation achieve its digital transformation objectives.
In conclusion, Cisco celebrated the government’s forward-thinking approach in the 2024 budget, which positions technology and innovation as central pillars of the nation’s development. Together with the Malaysian government, Cisco envisions a prosperous, connected, secure, and innovative future for Malaysia, underpinned by inclusivity.
Note: The content of this news article is derived from a statement provided by Cisco Malaysia.
