KUALA LUMPUR, Sept 2 (Bernama) -- Enterprises in Singapore and Malaysia have grown so concerned about the dangers of cyberattacks that they are changing the way they make security-related decisions and procure cybersecurity services, according to a new research report published by Information Services Group (ISG).
The 2022 ISG Provider Lens™ Cybersecurity — Solutions and Services report for Singapore and Malaysia finds organisations in both countries are starting to include senior management in decision-making about cybersecurity strategies and products.
They are also spending more on cloud-based, end-to-end security solutions as cloud migration accelerates across the region, according to a statement.
Companies in the region are developing more mature cybersecurity strategies due to a growing awareness of cyberattacks, which are increasing in both countries, and the introduction of tighter regulations and legislation, ISG says.
As they store more mission-critical resources in the cloud, enterprises also recognise that the number of access points they need to defend is growing exponentially.
Following disruptions caused by the COVID-19 pandemic, Singaporean and Malaysian enterprises ramped up digital transformation strategies to leverage the cloud, enable remote work and tightly control costs, the report says.
This has driven up demand for cybersecurity services, but enterprises have their own ideas about how they want to consume them. They are seeking less complex purchase options and want to pay for services and platforms as an operational expense.
The report explores trends and best practices in the region for several areas of cybersecurity technology, including identity and access management tools, data loss prevention systems, and advanced endpoint protection.
More details at www.isg-one.com.
-- BERNAMA
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