MALAYSIA Digital Economy Corporation Sdn Bhd (Mdec) has forged a partnership with Isaca, a non-profit global information technology association, and eight local universities to improve leadership competencies and address the demand for professionals with cybersecurity skills.
Mdec enabling ecosystem director Wan Murdani Wan Mohamad said the universities involved were Universiti Malaya, Taylor's University Malaysia, Multimedia University, Universiti Teknologi Mara, Universiti Teknologi Malaysia, Tunku Abdul Rahman University College, Sunway University and Asia Pacific University of Technology and Innovation.
He said under the pilot project, Isaca would train 150 students through its Cybersecurity Nexus programme (CSX), which begins today until year-end.
The CSX programme would address the acute shortage of skilled cyber security professionals through training and professional development, he said after exchanging the memorandum of understanding agreement with Isaca in Putrajaya, today.
The Isaca-CSX Fundamentals Certification would provide guidance, career development, education and create a community for cybersecurity professionals to address the shortage of skilled workforce in the sector, he added.
"Currently, there are some 6,500 cybersecurity professionals in Malaysia. The country needs 10,000 of by 2020.
“Cybersecurity training must be given priority if we do not want to be left behind in the growth of the digital economy in Malaysia and internationally," Wan Murdani said.
He said Mdec and Isaca had agreed to share cybersecurity knowledge and best practices, including to enhance awareness on the need for technology governance, risk and information in cybersecurity in products and services among business technology professionals and organisations in the region.
"With almost 75% of cybersecurity managers and practitioners globally anticipating cyber attacks, cybersecurity remains a top priority for Malaysian business, governmental and academic leaders," Wan Murdani said.
He said research by the International Data Corporation revealed managed security services as one of the four key sub-sectors of cybersecurity in Malaysia.
The managed security services sub-sector was expected to grow to roughly RM940 million in 2021 at a five-year compound annual growth rate of 25%, he said, adding that the three other sub-sectors were consulting, integration and training.
Isaca Board Chair and Inspector General of the US House of Representatives, Theresa Grafenstine, who was also present, said the Isaca-Mdec partnership was committed to creating a community of business technology professionals who were well-equipped to drive the digital economy in Malaysia and globally.
She added a global survey by Isaca in January 2015 showed 86% of respondents believed there was a worldwide shortage of skilled cybersecurity professionals while 54% said it was difficult to identify those who possessed an adequate level of skills and knowledge for entry-level positions.
“The Cisco 2014 Annual Security Report revealed there is a shortage of one million security professionals worldwide," she said. – Bernama, September 21, 2017.
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