VADS Bhd, a unit of Telekom Malaysia Bhd, has allocated a sizeable amount for investment to support Malaysia’s aspiration of its digital economy to contribute 20 per cent to the gross domestic product from the current 16.8 per cent.

Without disclosing the figure, its Chief Executive Officer, Massimo Migliuolo, said the company has a state-of-the-art data centre that provides solutions towards transforming Malaysia’s business landscape to the e-commerce platform.

“Our solutions are not only to general business issues but tailored specifically to industries — education, healthcare, finance, retail and even oil and gas,” he told Bernama.

Migliuolo said these solutions will be able to provide quality and service assurance to the clients.

He said under the company’s customer engagement and concierge service, vConnect, VADS has over 80 specially-crafted business solution packages categorised according to industries and types of solutions.

vConnect aims to empower value-base innovative solutions and services which will allow companies to focus on their core businesses, in line with TM’s philosophy of “Business Made Easier”.

Meanwhile, VADS has teamed up with national digital security specialist, CyberSecurity Malaysia, to drive the nation’s cyber security landscape by enhancing and creating diverse awareness on capacity building on cyber security across all market segments.

Following the signing of the five-year agreement, CyberSecurity, the agency under the Ministry of Science, Technology and Innovation, has established its own Cyber Security Marketplace on VADS Marketplace.

The marketplace consists of capacity building programmes that will benefit all market segments.

“To start off the programme, the first initiative will comprise a total of 26 online cybersecurity awareness courses to further help market segments,” he said.

CyberSecurity Chairman, Tan Sri Mohd Azumi Mohamed, said cyber crime is a real threat to the digital way of life.

“With the country embracing the digital economy, we recognise the importance of having strategic partner to effectively combat the broadening range of cyber threats,” he said.

Mohd Azumi said that in Malaysia, there were more than 8,300 cyber security incidents reported to CyberSecurity Malaysia in 2016.

As at March 2017, there have been about 1,850 cyber security incidents recorded, he said. — BERNAMA

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