MDEC AIMS TO GROOM CY­BER­SE­CU­RITY TAL­ENT

Agency inks new part­ner­ship to ad­dress short­age in cy­ber­se­cu­rity space

New Straits Times - - BUSINESS - FARAH ADILLA KUALA LUMPUR bt@me­di­aprima.com.my

MALAYSIA Dig­i­tal Econ­omy Cor­po­ra­tion (MDEC) is step­ping up ef­forts to ad­dress the short­age of 3,000 pro­fes­sion­als in the cy­ber­se­cu­rity space through the Plat­form for Real In­dus­try Driven Project Ex­change (PRIDE), its tal­ent pro­gramme.

To achieve its goal, MDEC ex­changed part­ner­ship agree­ments with United King­dom’s Pro­tec­tion Group In­ter­na­tional Ltd and Asia Pa­cific Uni­ver­sity of Tech­nol­ogy & In­no­va­tion yes­ter­day.

MDEC chief ex­ec­u­tive of­fi­cer Datuk Yas­min Mah­mood said the tal­ent short­age, which stood at one mil­lion pro­fes­sion­als world­wide, was a cri­sis that could not be ig­nored.

“Asean’s dig­i­tal econ­omy has the po­ten­tial to add US$1 tril­lion (RM3.94 tril­lion) to the gross do­mes­tic prod­uct over the next 10 years.

“How­ever, the in­creas­ing wave of cy­ber threats and risks may im­pede trust and re­silience in the dig­i­tal econ­omy and pre­vent the re­gion from re­al­is­ing its full dig­i­tal po­ten­tial,” she said af­ter the ex­change of the agree­ments.

Ac­cord­ing to a re­cent AT Kear­ney cy­ber­se­cu­rity Asean study, the top 1,000 Asean firms could lose US$750 bil­lion in mar­ket cap­i­tal­i­sa­tion and cy­ber­se­cu­rity con­cerns could de­rail the re­gion’s dig­i­tal in­no­va­tion agenda — a cen­tral pil­lar for its suc­cess in the dig­i­tal econ­omy.

Cit­ing a De­cem­ber 2017 LinkedIn re­port on cy­ber­se­cu­rity tal­ent in Malaysia, Yas­min said 21 per cent of them had up to four years of ex­pe­ri­ence.

“The over­all sit­u­a­tion is a cause for alarm as the fun­nel of new tal­ent is too small and not enough to sus­tain and sup­port grow­ing de­mand of our dig­i­tal econ­omy,” she said.

“Through the fa­cil­i­ta­tion of MDEC’s PRIDE pro­gramme, we will in­crease the in­dus­try-readi­ness of our grad­u­ates with ‘ELITE,’ the ed­u­ca­tional out­reach ini­tia­tive from cy­ber­se­cu­rity in­dus­try provider TecForte, which fea­tures a live learn­ing Se­cu­rity In­for­ma­tion Event Managa­ment (SIEM) plat­form.

She said through SIEM, stu­dents would be in­tro­duced to hands-on cy­ber­se­cu­rity op­er­a­tions and ex­posed to real-time event an­a­lyt­ics, global threat in­tel­li­gence and in­ci­dents han­dling frame­work within a cam­pus en­vi­ron­ment.

Datuk Yas­min Mah­mood

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