(From left) ISACA Board chair Theresa Grafenstine; ISACA Board director Leonard Ong; MDEC Enabling Ecosystem director Ir. Wan Murdani Wan Mohamad, Director; and MDEC Board of Directors Dr. Parmjit Singh
Kuala Lumpur, 21 September 2017 – ISACA and Malaysia Digital Economic Corporation (MDEC) today announced a collaboration and partnership focused on improving leadership competencies and workforce skills in technology governance, information and cyber security.
The organizations are finalizing details, with partnership terms to leverage ISACA training and professional development, certification, content, and conference capabilities to help fuel MDEC digital transformation drive. In addition, the organizations have agreed to knowledge and best practice sharing, and to cooperatively developing awareness, in the areas of technology governance, risk, information and cyber security, in products and services aimed for business technology professionals and enterprise organizations in the region.
“ISACA actively works to advance knowledge, training, and credentials in information technology, governance, security, risk, audit and assurance. Our partnership with MDEC conveys our shared commitment to build a business technology professional community well-equipped to drive digital economy growth and success in Malaysia, and internationally,” said Theresa Grafenstine, CISA, CGEIT, CRISC, CPA, CISSP, CIA, CGMA, CGAP, ISACA Board Chair, and inspector general of the U.S. House of Representatives, USA.
“This collaboration with ISACA is another opportunity for MDEC to further extend our relationship within the private sector as we work towards accelerating the digital economy for Malaysia. This, of course, includes improving best security practices and governance compliances for businesses. Part of this MoU will ramp up the development of skilled talents in the cyber-security sector, generate more awareness for data protection, and scale up partner programs like the recently launched Premier Digital Tech IHLs programme,” said Ir Wan Murdani Wan Mohamad, Director, Enabling Ecosystem, MDEC.
Malaysia is currently on track to reach its target of 20% contribution from the digital economy to gross domestic product (GDP) by the year 2020*. With almost 75% of cyber security managers and practitioners globally expecting to fall prey to a cyberattack**, cyber security remains a top priority for Malaysia business, governmental and academic leaders.
“Cyber-attack sophistication is rapidly evolving, as are concerns about information security and enterprise vulnerability. ISACA is at the forefront of professional development, upskilling and certification for the information and cyber security workforce of today, and across the technology spectrum in our future,” said Leonard Ong, CISA, CISM, CRISC, CGEIT, CPP, CFE, PMP, CIPM, CIPT, CISSP ISSMP-ISSAP, CSSLP, CITBCM, GCIA, GCIH, GSNA, GCFA, ISACA Board Director and Associate Director at Merck & Co., Inc., Singapore. “We value this partnership, connecting Malaysia to ISACA’s global community, as an important step to advance cyber security regulation and adoption in Malaysia and the region.”
Kenneth Ho, CISA, CISM, CGEIT, and President of ISACA Malaysia Chapter added, “Although technical and administrative controls are essential in mitigating cyberattacks, we find that the human factor is often the greatest defence. It is imperative for organisations in Malaysia, especially in small and medium enterprises, to look at cyber security as a business concern and ensure that the workforce and talent base is adequately equipped now, and growing, with the right skills.”
* Eleventh Malaysia Plan, 2016 – 2020, Economic Planning Unit, Prime Minister’s Department
** State of Cybersecurity: Implications for 2016, An ISACA and RSA Conference Survey
Nearing its 50th year, ISACA® (isaca.org) is a global association helping individuals and enterprises achieve the positive potential of technology. Today’s world is powered by technology, and ISACA equips professionals with the knowledge, credentials, education and community to advance their careers and transform their organizations. ISACA leverages the expertise of its half-million engaged professionals in information and cyber security, governance, assurance, risk and innovation, as well as its enterprise performance subsidiary, CMMI® Institute, to help advance innovation through technology. ISACA has a presence in more than 188 countries, including more than 215 chapters and offices in both the United States and China.
Malaysia Digital Economy Corporation or MDEC (formerly known as Multimedia Development Corporation Sdn. Bhd.) is the lead agency in driving the digital economy in Malaysia under the Ministry of Communications and Multimedia Malaysia. Since its inception 20 years ago, MDEC’s mission is to develop the nation’s digital economy. MDEC’s implementation efforts are centred on driving investments, building local tech champions, catalysing digital innovation ecosystems and propagating digital inclusivity.
MDEC is also responsible to ensure that Malaysia plays an integral part in developing and nurturing talent to drive digital innovation around the world, while attracting participation from global ICT companies to invest and develop cutting edge digital and creative solutions in the country.
For media inquiries, please contact:
Michelle Micor (ISACA)
Kristen Kessinger (ISACA)
Corporate Affairs Division
Malaysia Digital Economy Corporation (MDEC)
Tel: +6 03 8315 3229