Business, markets and economy news from Malaysia.
A Singapore Traffic Police investigation officer has been sentenced to 16 months' jail for illegally accessing workplace systems and disclosing details about a woman who reported his friend to authorities.
A 40-year-old Singaporean man faces charges for making false bomb threats against Parliament House and a government science agency in early July. Police say he sent hoaxes via email and online forms within days of each other.
Financial regulators worldwide are accelerating adoption of artificial intelligence tools to combat escalating cybersecurity risks in banking and capital markets. Switzerland's FINMA is spearheading international coordination to embed protective systems into digital asset platforms.
Deputy Prime Minister Ahmad Zahid Hamidi has urged Malaysia to adopt a more robust legal framework against cybercrime, citing 66,204 fraud cases and RM3 billion in losses during 2025 alone.
Malaysia's cybersecurity agency MyCert has issued a warning about malware being distributed through WhatsApp Web and Desktop, targeting Windows users with fake financial and legal documents that install remote access trojans.
Malaysia is adopting a comprehensive two-track approach to combat artificial intelligence misuse, pairing a new AI Governance Bill with enforcement of existing legislation to protect citizens from deepfakes, identity theft, and non-consensual intimate content.
Kee Wah Bakery, a Hong Kong institution since 1938, has disclosed a ransomware attack on its internal network. The privacy watchdog is investigating whether employee, customer, and supplier data were compromised in the breach.
Tata Electronics has confirmed a cybersecurity incident after a ransomware group posted over 200,000 files allegedly containing Apple and Tesla trade secrets on the dark web, complicating India's push to become a global electronics hub.
Thailand has blocked nearly 14,000 illegal gambling websites tied to the 2026 World Cup using AI technology in an 18-day operation. The government is also enforcing strict copyright rules for match broadcasts in commercial venues.
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Malaysia's government has introduced the Cybercrime Bill 2026 in Parliament, replacing nearly three-decade-old legislation to address modern threats including ransomware, AI misuse, and identity theft.
Two British men will stand trial for orchestrating a major cyberattack on Transport for London that compromised data for 10 million passengers and caused £39 million in losses. The case highlights rising cyber threats targeting UK infrastructure.
Malaysia's National Security Council has clarified that a widely-shared data leak circulating online stems from cybersecurity incidents prior to 2022 and bears no connection to present-day systems or platforms.
Nintendo has acknowledged a cybersecurity incident involving third-party service TINYpulse after hackers claimed to steal 860MB of company data and demanded a US$2 million ransom. The gaming giant insists its own systems remain secure.
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AirAsia has warned job applicants to avoid a fake recruitment website mimicking its official careers page. The scam requests personal information and payment of processing fees for fake job opportunities.
A new study from the Coalition Against Piracy reveals that consumers using illegal streaming services face significant cybersecurity threats including malware, identity theft, and financial fraud, with nearly half of tested pirate apps containing malicious code.