Cyber attacks and cyber threats are common nowadays and now extend to the very fabric of national security, economic stability, and public safety. Malaysia has taken steps to fortify its digital defences and enacted the Cyber Security Act 2024 in June this year, and took effect on 26 August 2024.



This legislation is not just a framework, but a comprehensive blueprint designed to protect our National Critical Information Infrastructure (NCII) from cyber threats.



But what does this Act truly mean for businesses and the public at large? How will it transform the way we understand and respond to cybersecurity threats? And how does it position Malaysia on the global stage in terms of cyber resilience and digital sovereignty?



We speak with CF Fong, the Executive Chairman of LGMS Berhadabout the Cyber Security Act 2024 and what it means for the future of cybersecurity in Malaysia.

Cyber attacks and cyber threats are common nowadays and now extend to the very fabric of national security, economic stability, and public safety. Malaysia has taken steps to fortify its digital defences and enacted the Cyber Security Act 2024 in June this year, and took effect on 26 August 2024.This legislation is not just a framework, but a comprehensive blueprint designed to protect our National Critical Information Infrastructure (NCII) from cyber threats.But what does this Act truly mean for businesses and the public at large? How will it transform the way we understand and respond to cybersecurity threats? And how does it position Malaysia on the global stage in terms of cyber resilience and digital sovereignty?We speak with CF Fong, the Executive Chairman of LGMS Berhad about the Cyber Security Act 2024 and what it means for the future of cybersecurity in Malaysia.

Helping you navigate the ever-changing universe of business, from headlines to the bottom line

Helping you navigate the ever-changing universe of business, from headlines to the bottom line

Enterprise Explores

Digital Defense: Strengthening the State of Cybersecurity in Malaysia

Are Malaysians excited or anxious about AI’s growing influence? Are they worried about losing their jobs to AI?

In this episode of Enterprise Explores, we sit down with Arun Menon, Managing Director at Ipsos Malaysia, to unpack their latest study, the Artificial Intelligence (AI) Monitor. This report reveals that while 6 out of 10 Malaysians believe they have a good understanding of AI, there’s a mixed sentiment of excitement and concern about its potential impact—especially regarding job displacement.



Arun breaks down how these perceptions compare globally, particularly with the higher enthusiasm seen across Asia versus the caution in Europe and the Anglosphere. We also explore the need for AI regulations, the push for upskilling, and how businesses, individuals, and policymakers in Malaysia must prepare for the rapid evolution of generative AI technologies.

Are Malaysians excited or anxious about AI’s growing influence? Are they worried about losing their jobs to AI?In this episode of Enterprise Explores, we sit down with Arun Menon, Managing Director at Ipsos Malaysia, to unpack their latest study, the Artificial Intelligence (AI) Monitor. This report reveals that while 6 out of 10 Malaysians believe they have a good understanding of AI, there’s a mixed sentiment of excitement and concern about its potential impact—especially regarding job displacement.Arun breaks down how these perceptions compare globally, particularly with the higher enthusiasm seen across Asia versus the caution in Europe and the Anglosphere. We also explore the need for AI regulations, the push for upskilling, and how businesses, individuals, and policymakers in Malaysia must prepare for the rapid evolution of generative AI technologies.

AI in Malaysia: Navigating Optimism, Anxiety, and Job Displacement

In this episode of Enterprise Explores, we spotlight the newly launched PACE Bootcamp by Artem PACE—a 10-week program designed to empower entrepreneurs across various industries. This no-fee, equity-free Bootcamp offers workshops, mentorship, and hands-on learning experiences in key areas like finance, AI, technology, and marketing.



With a rigorous evaluation process led by industry experts and investors, 30 companies will be selected for the program, with 3 receiving non-monetary benefits from program partners. We speak with Tunku Omar Asraf, Director of Artem PACE, to uncover how this Bootcamp is addressing critical gaps in Malaysia's entrepreneurial ecosystem and what participants can expect.

In this episode of Enterprise Explores, we spotlight the newly launched PACE Bootcamp by Artem PACE—a 10-week program designed to empower entrepreneurs across various industries. This no-fee, equity-free Bootcamp offers workshops, mentorship, and hands-on learning experiences in key areas like finance, AI, technology, and marketing.With a rigorous evaluation process led by industry experts and investors, 30 companies will be selected for the program, with 3 receiving non-monetary benefits from program partners. We speak with Tunku Omar Asraf, Director of Artem PACE, to uncover how this Bootcamp is addressing critical gaps in Malaysia's entrepreneurial ecosystem and what participants can expect.

Ready to Level Up Your Startup? How the PACE Bootcamp Aims to Upskill Founders

On August 21st, BFM hosted the Enterprise Breakaway: From Farm to Franchise event, where industry experts and seasoned operators explored the critical elements required to build a successful and lasting F&B business in Malaysia.



In the panel session titled When Partners Fall Out, we spoke with Faye Lim, Partner at Justin Faye & Partners, and Malek Ali, Founder of BFM Media. Both shared their expertise on building and maintaining successful business partnerships, focusing on the importance of selecting the right partner, ensuring aligned goals, and formalising clear agreements to prevent misunderstandings.



Faye discussed the legal and practical aspects of partnership agreements, emphasising the need for clear communication and aligned goals. Malek shared his personal experiences of navigating partnership challenges, highlighting the importance of understanding each partner’s contributions, both tangible and intangible, and the critical role of a clear exit strategy.



Key topics covered:

- Choosing the right business partners

- Common disputes and how to avoid them

- The importance of aligned goals and communication

- Legal agreements and their role in preventing disputes

- The value of sweat equity in partnerships

- Strategies for resolving partnership conflicts

- The role of mediators in managing sensitive discussions



Whether you’re starting a new business or already managing a partnership, this episode offers valuable insights into building strong, resilient partnerships that stand the test of time.



Tune in to learn how to navigate the complexities of business partnerships and prevent potential fallouts.

On August 21st, BFM hosted the Enterprise Breakaway: From Farm to Franchise event, where industry experts and seasoned operators explored the critical elements required to build a successful and lasting F&amp;B business in Malaysia.In the panel session titled When Partners Fall Out, we spoke with Faye Lim, Partner at Justin Faye &amp; Partners, and Malek Ali, Founder of BFM Media. Both shared their expertise on building and maintaining successful business partnerships, focusing on the importance of selecting the right partner, ensuring aligned goals, and formalising clear agreements to prevent misunderstandings.Faye discussed the legal and practical aspects of partnership agreements, emphasising the need for clear communication and aligned goals. Malek shared his personal experiences of navigating partnership challenges, highlighting the importance of understanding each partner’s contributions, both tangible and intangible, and the critical role of a clear exit strategy.Key topics covered:- Choosing the right business partners- Common disputes and how to avoid them- The importance of aligned goals and communication- Legal agreements and their role in preventing disputes- The value of sweat equity in partnerships- Strategies for resolving partnership conflicts- The role of mediators in managing sensitive discussionsWhether you’re starting a new business or already managing a partnership, this episode offers valuable insights into building strong, resilient partnerships that stand the test of time.Tune in to learn how to navigate the complexities of business partnerships and prevent potential fallouts.

Digital Defense: Strengthening the State of Cybersecurity in Malaysia

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