BARRACUDA Networks Inc, a leading provider of cloud-connected security and storage solutions, wholly welcomes the recent news of introducing new cyber security guidelines for capital markets by Securities Commission Malaysia as it is viewed by the IT security community as a much needed measure to address the growing cyber threats happening worldwide.
“As the foremost adaptors of technology, capital markets naturally are at a higher risk of being the target of cyber-attacks. The highly complex nature of cyber-attacks has seen serious, multi-effect implications in an ecosystem which is as interconnected as the capital markets. It is essential that regulators, market participants, and other stakeholders work together to enhance cyber security in the capital market.