Modern Cyber Resilience The Transformative Power of Collaborative Security
Modern Cyber Resilience The Transformative Power of Collaborative Security
Modern Cyber Resilience The Transformative Power of Collaborative Security
Cyber-resilience
The Transformative
Power of Collaborative
Security
Foreword
The global cybersecurity threat landscape continues to evolve,
becoming more dangerous as the world becomes ever more
The global cybersecurity
connected. Frost & Sullivan estimates that, by 2030, there will be a
complex global network of 200 billion devices, with more than 20 threat landscape
connected devices per human, broadly expanding the platforms continues to evolve,
cybercriminals can leverage while continuing to be unbound by
geographical borders.
becoming more
dangerous as the world
In the past, we have relied on governments to protect their citizens becomes ever more
from foreign threats. However, digital technology has created a
world where governments cannot take effective action alone.
connected
Today’s cybersecurity threats require a unique level of
collaboration between the public and private sectors.
Governments and industry, including but not limited to technology
companies, need to work together to share information,
strengthen defenses, and respond to attacks.
As no single entity can fight cybercrime effectively, Microsoft decided to launch the first Asia-Pacific Public
Sector Cyber Security Executive Council, bringing together a coalition of policymakers from government and
state agencies and technology and industry leaders to build a strong communications channel for addressing
cyberthreats and sharing best practices across 8 participating countries. This comes on top of Microsoft’s
commitment of US$20 billion towards cybersecurity investments globally over the next 5 years.
We hope the insights we have gathered will be beneficial to you and your organization and that the
implementation of these best practices will further strengthen our global defenses against cybercrime.
Mary Jo Schrade
Assistant General Counsel, Regional Lead, Microsoft Digital Crimes Unit Asia
Microsoft
Modern Cyber-resilience Year in Review: Examining the Role of Cybersecurity 04
During Global Instability
Remote workers have become primary targets for cybercriminals because of the likelihood of them using
their own devices and personal Wi-Fi connections without the protections that come with enterprise cloud
networks.
The rapid adoption of new technologies and a dramatic increase in active internet users opened the door
to smarter cyberattackers, drawn to the significantly widened attack surface.
Phishing attacks grew rapidly during 2020, shaped by advanced attack mechanisms such as the ability to
impersonate popular brands, botnets designed to scam victims for financial gain, identity theft and
malware distribution.
What does this mean? Security leaders must design roadmaps that anticipate blind spots, withstand
unexpected disruptions, and have intentional plans designed to empower recovery. The most effective
cyber-resiliency blueprints are dynamic, allowing room for continuous improvement and iterative growth as the
attack landscape evolves. The 3 core pillars to support cyber-resiliency revolve around:
To succeed within this new normal, strategic businesses need to champion and enforce top-down, security-first
practices from within.
Modern Cyber-resilience The Tangible Return on Investment (ROI) of 09
Cybersecurity Investments
This section will take a deep dive into the state of cybersecurity
within each country in Microsoft’s Asia-Pacific Public Sector
Cybersecurity Executive Council: Malaysia, South Korea, Thailand,
Indonesia, Philippines, Singapore, Vietnam, and Brunei. Through
in-depth interviews featuring key cybersecurity decision-makers
within these economies, Frost & Sullivan aims to paint a
contemporary and nuanced portrait of the trends and technologies
driving the cybersecurity strategies of Asia-Pacific governments.
Modern Cyber-resilience The Tangible Return on Investment (ROI) of 10
Cybersecurity Investments
Singapore
Challenges to cyber-safety exacerbated by the COVID-19 pandemic
The COVID-19 pandemic intensified challenges in Singapore. The rapid and extensive movement to online work,
study, and leisure combined with the fear and uncertainty of the pandemic created an environment for cybercrime.
As cyberthreats are
The Singapore Cybersecurity Strategy 2021 directly
addresses the current issues facing the nation. The plan international and
calls for safeguarding important infrastructure, entities, cross-border, Singapore
and systems. The strategy also seeks to safeguard
also aims to develop
cyberactivity and secure the digital economy. As
cyberthreats are international and cross-border, the plan technical and interoperable
also aims to develop technical and interoperable international standards
international standards. Foundational to these
parameters, the strategy emphasizes the development of
a cybersecurity ecosystem through innovation and market
growth and the development of human talent, especially
through supporting youth, women, and mid-career
professionals to pursue careers in cybersecurity.
Modern Cyber-resilience The Tangible Return on Investment (ROI) of 12
Cybersecurity Investments
South Korea
Challenges to cyber-safety exacerbated by the COVID-19 pandemic
The COVID-19 pandemic intensified challenges in South Korea. Online work, study, and leisure created an
unprecedented volume of online interaction and transaction, creating an environment for cybercrime.
The increased activity online has created vulnerabilities for South Korean organizations and citizens. For
individuals, it is most commonly phishing calls. For enterprises, the major type of cyberattack is ransomware. In
2020, South Korea experienced more than twice the number of ransomware attacks experienced in the 2
previous years combined, according to data from the country’s Ministry of Information, Communication and
Technology (ICT).
Though a commitment from the government to help curb cybercrime exists, attackers and hackers have high
technological skills. They are evolving, targeting companies that have invested in information technology
systems without sufficient security, especially large enterprises and small and medium businesses (SMBs) in
manufacturing.
A significant threat also comes from nation-states, targeting South Korean industry, defense, and capability
from an orchestrated national level.
To improve the country’s security posture, South Korea needs more robust cybersecurity awareness and
investment in technologies by organizations.
Security agencies are being given more authority and are committed to investing resources in efforts against
cyber-enabled financial crime, including a 2-week cybersecurity exercise organized by the South Korean
Ministry of Science and ICT in May 2021.
The main goal of security agencies and efforts is to create a more secure infrastructure, strengthen incident
response, and foster the information protection industry, supporting self-sufficiency for local companies. To
reach self-sufficiency, these initiatives recognize the role of global partnership.
Modern Cyber-resilience The Tangible Return on Investment (ROI) of 15
Cybersecurity Investments
Malaysia
Challenges to cyber-safety exacerbated by the COVID-19 pandemic
Malaysia faced a challenging situation brought on by the COVID-19 pandemic. In addition to stretched health
resources, the restrictive Movement Control Order, and general uncertainty, increased cybersecurity
challenges arose.
Insufficient training, awareness, investment, and priority placed on securing digital assets and ecosystems create
risk. However, even with recognition and focus on the need for cybersecurity, more challenges exist. Globally and
nationally, not enough cyber security professionals exist to fill the need.
Malaysia requires a minimum of 20,000 knowledge workers by 2025, as depicted in the Malaysia Digital Economy
Blueprint. As of 1 November 2021, CyberSecurity Malaysia had already registered 13,546 cybersecurity knowledge
workers.
SiberKASA
One of the top programs related to improving cybersecurity
Cybersecurity is a key enabler for
is CyberSecurity Malaysia’s Cyber Security Empowerment
Programme (SiberKASA). Aimed at developing and digital transformation. Without
empowering the cybersecurity ecosystem of Malaysia, security, relying on digital is a
SiberKASA offers training and guidelines for more than 35 business risk, and may hamper
types of services offered by CyberSecurity Malaysia. The organizational progress.
services offered include the Cyber999 hotline and MyCERT, Malaysians must focus on
the Malaysia Computer Emergency Response Team, which
building digital resilience to
performs 24x7 computer security incident response to any
protect our businesses and loved
user, company, government agency, or organization.
ones.
Launched in March, much of SiberKASA’s work so far has
been around creating awareness, a primary issue for
cybersecurity in Malaysia. CyberSAFE provides a gallery to
Dr. Dzaharudin Mansor
increase awareness of online safety for all users, even as
National Technology Officer
young as school children. To address the lack of
Microsoft Malaysia
cybersecurity professionals, Malaysia provides technical
skills training through a partnership with government,
industry, and academia with CyberGuru professional
development and the GlobalACE certification program
aligned with international standards.
Malaysia is poised to
A safer cyber future for Malaysia develop into a regional
Malaysia was named the 5th country globally for leader of safe
commitment to cybersecurity in the International
digitalization
Telecommunication Union’s Global CyberSecurity Index
2020. The initiatives set forth by CyberSecurity Malaysia in
support of the 12th Malaysia Plan exemplify the country’s
commitment. Furthermore, while Malaysia champions local
industry, global partners are not forgotten. As part of the
MyDIGITAL Initiative, global leaders such as Microsoft and
other global service providers will work with local players to
facilitate hybrid cloud data collection, processing, and
storage for the country.
Thailand
Challenges to cyber-safety exacerbated by the COVID-19 pandemic
The COVID-19 pandemic intensified challenges in Thailand. The huge volume of work, study, and leisure that
transformed to online interaction and transaction created an environment for cybercrime.
Organizations, too, are at risk of cyberattack. The National Cyber Security Agency (NCSA) stated that at least 200
critical information infrastructure organizations in sectors including healthcare, aviation, insurance, and others
urgently need to adopt necessary measures to guard against cyberattacks. According to a Thai Public
Broadcasting Service report, 1 major e-commerce platform attack leaked 13 million customers’ data in November
2020, which was made available for purchase on an underground website.
Personal data breaches have become increasingly common and destructive, and huge volumes of data have been
leaked. Even so, the planned 2020 Personal Data Protection Act was postponed, and the International
Telecommunication Union’s Global Cybersecurity Index 2020, which measures countries’ commitment to
cybersecurity, ranked Thailand 44th, down from 35th in 2018.
Through online training, Thailand and Microsoft will develop the skills and awareness needed for the country’s
digital future. This initiative starts with training the trainers to enable trainer attendees to pass on knowledge
gained and introductory digital skills courses in the Thai language to improve the Thai workforce’s skills.
Thailand was dealt a heavy blow by the COVID-19 pandemic and the ensuing environment for cybercrime.
Theft and leakage of personal data damaged the country financially and psychologically. To combat
cybercrime, Thailand is embarking on a massive awareness and upskilling campaign to prepare citizens better
for cyberattacks in the future. Through collaboration with industry leaders, the country stands to gain global
best practices in the partnership. Renewed commitment to cybersecurity will prepare Thailand for a future in
an increasingly digital world.
Modern Cyber-resilience The Tangible Return on Investment (ROI) of 21
Cybersecurity Investments
The Philippines
Challenges to cyber-safety exacerbated by the COVID-19 pandemic
The COVID-19 pandemic brought new challenges for the Philippines. Closure of businesses, deteriorating
public confidence in government, and increased activity online because of the pandemic have created an
environment for cybercrime.
Indonesia
Challenges to cyber-safety exacerbated by the COVID-19 pandemic
The COVID-19 pandemic has created a challenging environment in Indonesia. The shift to online work,
education, and communication has created an unprecedented volume of online interaction and transaction
and fostered a setting for cybercrime.
According to the Indonesian National Cybersecurity Operations Center, the number of attacks in 2020
increased 133% from 2019 levels. Increasingly targeted digitalization areas included smart education,
e-commerce, digital logistics, and health tech. With increased online shopping and the geographic makeup of
Indonesia, eCommerce and digital logistics became a major area of activity and a mark for increased
cybercrime. The most prevalent type of cyberattack in 2020 was Trojan malware, as the volume of digital
communications reached an all-time high and many enterprises were unprepared for evolving threats.
Data breaches are impacting Indonesia and its citizens through leaks of personal data, including sensitive
information such as healthcare records. However, the population still has a low level of awareness. Digital
literacy is a major challenge in Indonesia, and the discrepancy between the many regions in the country
creates further difficulty in achieving a minimum level of digital knowledge.
The government of Indonesia has recognized that increasing cybercrime is impacting citizens and enterprises
and has committed to improving cybersecurity through the development of new programs.
Modern Cyber-resilience The Tangible Return on Investment (ROI) of 25
Cybersecurity Investments
Vietnam
Challenges to cyber-safety exacerbated by the COVID-19 pandemic
The COVID-19 pandemic aggravated challenges in Vietnam. Increased digitalization, use of social media, and
lack of awareness of cyberthreats created an ideal environment for cybercrime.
Fraud, especially through social media, became a major issue. Facebook sued a group of Vietnamese
individuals for deceptive and unauthorized advertising on the social media platform. Scams on social media
are affecting a larger percentage of the population, especially the young and uneducated. According to leading
social media dashboards, Hootsuite and We Are Social, 73.7% of the population was active on social media as
of January 2021, a higher percentage than the United States.
The top cyberattack types, born of social media and elsewhere, were phishing, web defacing, and malware.
The number of attacks and the impact of damage were significantly higher than in previous years. As
companies, organizations, and individuals continue to increase their proportion of online activity and further
digitalize, the opportunity for attack multiplies. Data from the Ministry of Information and Communications
(MIC) shows that, in the first 6 months of 2021, there was a 45% increase in attacks year on year. The MIC also
states that attacks are increasing in sophistication and damage.
As all human activity becomes more digitalized, there is a recognized need for proper protection. Better
awareness of potential deception is required, as well active support by the government in preventing attacks
or at least catching them early.
Modern Cyber-resilience The Tangible Return on Investment (ROI) of 27
Cybersecurity Investments
Brunei
Challenges to cyber-safety exacerbated by the COVID-19 pandemic
The COVID-19 pandemic accelerated digital transformation in Brunei. An unprecedented number of online
interactions and transactions began because of the shift to online work, education, and communication,
creating an environment for cybercrime.
Digital transformation is still in its infancy in Brunei. Some industries such as oil and gas, banking, financial
services and insurance, and telecommunications companies have very high levels of technology adoption
compared to the rest of the country, reflecting their high contribution to gross domestic product and their
strict regulatory requirements. However, the public sector, the largest employment segment in Brunei, lags in
technological adoption. The COVID-19 pandemic accelerated technological adoption and digital
transformation and increased attack surface, which can be especially dangerous when connected to critical
national infrastructure.
The major types of cybercrime in the country are scams and malicious code. Though some targeted initiatives
against certain cyberattack have been successful, such as Operation Goldfish Alpha against cryptojacking,
instances of phishing and ransomware continue to increase. The low level of technology adoption in most
areas implies that individuals and businesses are unprepared for cyberattack. Statistics from the Brunei
Computer Emergency Response Team in 2018 showed that cyberattacks in Brunei increased by 39% year over
year, requiring a new commitment to cybersecurity.
Modern Cyber-resilience The Tangible Return on Investment (ROI) of 29
Cybersecurity Investments
Global interconnectivity has empowered The risks associated with rapid digitalization
people, businesses, and public services with are growing and ever-evolving, often
new opportunities in key aspects of daily life, culminating in breaches that require long
including health, transport, education, recovery times and lead to damaging
technology, and agribusiness. Digital consequences such as the loss of intellectual
transformation continues to play a critical property, online brand impersonation,
role in supporting people and businesses unauthorized access to user accounts, and
through the COVID-19 pandemic, facilitating data exfiltration; the list grows longer with
easier access to critical resources, simplifying more sophisticated attack patterns. The
communication, and enabling virtual delivery resulting loss of public trust presents a critical
of traditionally physical services such as risk that can fundamentally slow down digital
education and basic healthcare. As a result, transformation and disrupt ongoing
global interconnectivity and digitalization economic development efforts.
have played an important role in building
socioeconomic resilience.
Investing in and implementing the right solutions for a secure, connected world will lead to smoother
adoption, higher demand, safer digital supply chains, and a more stable digital journey. However, solutions
alone are not sufficient – it must be supplemented by a globally cooperative approach to fighting cybercrime.
and non-technical teams, and using centralized processes for compliance, whether for the General Data
Protection Regulation, the Health Insurance Portability and Accountability Act, or country-specific data privacy
and security regulations.
The 3 key building blocks for the right cybersecurity, data protection, privacy, and online safety fundamentals
are:
With the gradual improvement in global cyber-diplomacy, intelligence-sharing networks can catalyze dramatic
progress in securing global connectivity within both countries and private sectors.
Modern Cyber-resilience Accelerating Technology Growth with Strategic 32
Partnership
With threat factors varying greatly by industry, cross-sector collaboration can empower governments with current,
directly actionable threat intelligence.
Modern Cyber-resilience Accelerating Technology Growth with Strategic 34
Partnership
With the right blend of governance technology and compliance, digital infrastructure can continue
empowering secure business transformation efforts with levers such as:
A unified security approach can meet the complex access, trust, and reliability standards demanded by today’s
digital environments, mitigating the inefficiencies brought on by siloed, disparate security products. By leveraging
the right combination of technologies, institutions can make a significant impact in protecting digital societies
from the core to the cloud.
Modern Cyber-resilience Conclusion: Designing Effective Policy Milestones 35
With the emerging reality of permanently distributed workforces, cyberthreats will continue to evolve as they
zero in on the host of new vulnerabilities brought on by this redefined digital landscape. To better protect
critical information, federal agencies and private companies can work together to create significant
efficiencies in protecting both citizen and corporate data by:
Working together to create standards and practices to share information on threats, mitigation
mechanisms, and advancing security solutions;
Rapidly disseminating knowledge on evolving attack tactics as they become known so that broader
institutional networks can adopt preventative methods and share recommended mitigation approaches; and
Aligning on post-attack mitigation learnings by sharing containment strategies and increasing the
transparency in evaluating attack postmortems.
Modern Cyber-resilience Conclusion: Designing Effective Policy Milestones 36
A BO UT FROST & S U L L I V AN
For over six decades, Frost & Sullivan has provided actionable insights to corporations, governments and investors, resulting in a
stream of innovative growth opportunities that allow them to maximize their economic potential, navigate emerging Mega Trends
and shape a future based on sustainable growth.
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