FortiGuard Labs reports that Malaysia experienced 84 million cyberattacks daily on average during the fourth quarter of last year (4Q 2022).
Global cybersecurity solutions provider Fortinet stated that throughout the fourth quarter of 2022, there were 7.5 billion exploit detections, 61.1 million virus detections, and 50.2 million botnet attacks related to cyber threats in Malaysia.
FortiGuard Labs reports that Malaysia experienced 84 million cyberattacks daily on average during the fourth quarter of last year (4Q 2022).
Viruses, botnets, and exploits were used in the attacks, according to Peerapong Jongvibool, vice president of Fortinet Southeast Asia and Hong Kong, making the nation one of the most exposed places in the region. In contrast, FortiGuard Labs estimates that there were roughly 200 billion cyber threats in Malaysia per day in the fourth quarter of 2022.
In a recent exclusive interview, he said, “Fortinet was able to detect the threats and neutralize them with our Artificial Intelligence (AI) technology and machine learning capabilities. According to Jongvibool, exploits have recently been used by online criminals to infect targets’ devices with malware while they wait for the ideal moment to launch an attack.
As more people adopt digitalization in their daily business, increasing their exposure, the trend of cyber attacks is unquestionably increasing every day. In essence, he said, “AI is no longer used for fun but for serious business, so the attackers are now smarter and more weaponized in their planning.”
According to Jongvibool, the complexity of the digital environment, where applications are distributed and users can work from any location, there are more devices attached to applications, and there is a shortage of cybersecurity professionals, are the main challenges facing the cybersecurity industry today.
He emphasised the significant accomplishment and improvement over the previous year that Fortinet has made in becoming the provider of almost half of all firewall deployments globally.
“From a global perspective, we are able to show very detailed data on new techniques adopted by the attackers and how they plan their attack, along with what kind of malware or exploit they are using right now,” he added.
“Last year we only talked about one-third of the entire firewall deployments in the world belonging to us, now we are almost hitting the 50% mark and we are able to detect more cyber attacks in the market.” In the future, Jongvibool stated that Fortinet’s plans would go beyond merely technological advancement, as it would set goals for achieving a sustainable society and bridging the market’s shortage of cybersecurity talent.
With the adoption of application-specific integrated circuit chipsets with higher power efficiency in their design, which typically consume less power when operating, he stated that the company aims to be carbon neutral by 2030.
In addition, “Fortinet pledged to give one million people cybersecurity training by 2026, as we have already exceeded our initial target of one million people certified with Fortinet Network Security Expert (NSE) way before this year,” the source continued.