Robust cybersecurity infrastructure needed to prevent attacks

Palo Alto Networks Inc regional vice-president Steven Scheurmann

PETALING JAYA: With global monetary losses due to cybercrime last year at around US$6 trillion (RM27.4 trillion), Malaysia should ensure it has a robust cybersecurity infrastructure to stave off cyber attacks from derailing its economy, according to US-based global cybersecurity specialist Palo Alto Networks Inc.

The company’s regional vice-president Steven Scheurmann in an email interview told StarBiz that cyber attacks had the potential to bring down a nation’s critical infrastructure, enable intellectual property (IP) thefts, resulting in monetary and reputational losses to governments and businesses.