More investment needed to bolster cybersecurity in Asean - News Summed Up

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More investment needed to bolster cybersecurity in Asean


Gareth Pereira, principal of communications, media and technology at ATKearney, a global management consulting firm , said that underinvestment (in Asean region) is aggravating the cybersecurity threat. Cybersecurity risk across the Asean region will continue to increase as the countries are more digitally interconnected. He also recommended that Asean region need to spend between US$67 to 171 billion over the next 8 years until 2025, to improve its cyber resilience. In Thailand, spending in cybersecurity is 0.05 per cent of GDP, slightly above the average investment among Asean countries. Meanwhile, Thailand's cybersecurity spending is estimated at US$23.3 billion over the next 8 years, or 0.35 per cent of GDP.


Source: The Nation Bangkok January 23, 2018 18:00 UTC



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