10 Cybersecurity Best Practices

for SMEs in Malaysia

Did you know that approximately 85% of Malaysian SMEs have been subjected to cyber-attacks with 75% of those being threatened by multiple attacks? Malaysian small and medium enterprise.s continue to grapple with rising cybersecurity concerns as data loss emerges as the most critical cloud threat.

Unlike large corporations, many small businesses lack the resources to implement strong security measures, making them vulnerable to cybercriminals. From phishing scams to ransomware attacks, hackers exploit weak security systems to steal corporate data, disrupt operations, and demand ransom payments. This is because 97% of businesses in Malaysia have insufficient investments in cybersecurity strategies. 

To stay protected, SMEs must prioritise cybersecurity services and implement the best practices that help safeguard financial information, customer data, and business continuity. So, here are 10 essential cybersecurity measures every Malaysian SME should adopt. Some of these won’t cost your business a dime! 

We understand having a lot of passwords is a pain. While it is tempting to use simple passwords across multiple accounts, resist that temptation! Weak passwords are one of the biggest security risks. So, to strengthen security:

Do you keep the doors to your business unlocked beyond operating hours? No! Then running outdated software is the cyber equivalent to that—it gives hackers an easy way in. Cybercriminals exploit vulnerabilities in old software to access company data. To stay protected:

Do you invite any random person to your homes? Of course, not. So using an unsecured Wi-Fi network is like an open invitation for cyber criminals. Make sure your wireless networks are properly protected with: 

Human makes mistakes. Human error is one of the leading causes of cyber incidents. Some of your employees may unknowingly click on malicious links or fall for phishing scams. Regular training can help:

Remember when we all had to wear face masks during the lockdown? A firewall is that but for your business. It acts as a digital barrier between your business network and potential cyber threats, while antivirus software detects and removes malware. SMEs should:

Cyberattacks, hardware failures, or accidental deletions can result in data loss. To prevent this, SMEs must have a solid corporate data backup strategy:

Not all employees need access to all company data. Role-Based Access Control (RBAC) ensures that sensitive information is only accessible to authorized personnel.

Cyber threats are like a tumour- often undetected until it’s too late. Implementing proactive monitoring tools can help identify and prevent attacks before they cause damage:

No security system is foolproof. So, you’ll need a cyber incident response plan to handle potential breaches. Make sure your plan includes:

No security system is foolproof. So, you’ll need a cyber incident response plan to handle potential breaches. Make sure your plan includes:

Having a dedicated cybersecurity response team can ensure swift action during an attack.

Our country has strict data protection laws that SMEs must follow to avoid legal issues and fines. Some of the key regulations include:

These regulations are here for a reason and adhering to this will ensure your business are properly protected from cyber criminals looking to take your hard-earned money.

Additionally, businesses should consider data centre recovery solutions like MyCloud to ensure they can quickly resume operations after a cyber incident or system failure.

We know for a fact that SMEs need comprehensive security solutions to stay protected. So, here’s how MyCloud offers advanced cybersecurity services to safeguard your business from cyberattacks, data breaches, and operational disruptions.

MyCloud Endpoint Protection (EPP) change safeguards SMEs from cyber threats by blocking malware, ransomware, and phishing attacks before they cause damage. It protects laptops, desktops, and mobile devices from unauthorised access and malicious activity.

MyCloud Endpoint Detection and Response (EDR) takes security by actively monitoring and responding to cyber threats in real time. It enables businesses to detect suspicious activity and automatically respond to security incidents before they escalate.

This is ideal for SMEs that need proactive security to tackle advanced persistent threats (APTs).

MyCloud VAPT identifies security gaps in your systems before hackers can exploit them. Our team conducts simulated cyberattacks to expose vulnerabilities and recommend stronger security measures.

We’d recommend that SMEs that want to stay ahead of cybercriminals and ensure compliance with Malaysia’s cybersecurity regulations should invest in regular VAPT assessments.

Once you secure your networks, educate your employees, and use ample cybersecurity services, you’re protecting your business from cyberattacks, financial losses, and reputational damage.

SMEs must recognise that cybercriminals target businesses of all sizes. Taking proactive steps today can prevent costly breaches in the future.

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