BFM 89.9
The Business Station
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42 mins
44 mins
10 mins
Research shows that too many companies, particularly SMEs, still view themselves as too small to be the target of cyber attacks. However cyber risk occurs at all levels of organisation and involves malicious and non-malicious acts, ranging from deliberate hacking attacks to juniior employees making simple IT mistakes. Why are SMEs so complacent when it comes to cyber attacks, and what can be done prevent these attacks?
Hacked: SMEs and Cyber AttacksJason KellySMEscyber attackscyber securitymalwarehacksinsuranceviruscyber
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Events · May 13 · 4:01AM
ASEAN Gateway To Cross Border Payments
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ASEAN’s digital payments sector is experiencing rapid growth, fueled by increasing smartphone use, fintech innovation, and a booming e-commerce landscape. Key markets like Indonesia, Vietnam, and the Philippines are leading the way, with major opportunities in digitizing MSMEs and expanding rural financial access. Consumers are shifting toward mobile-first behavior, embracing e-wallets, mobile banking, and digital banks that offer greater convenience and accessibility. ASEAN central banks are strengthening cooperation to enhance payment linkages through QR code integration and shared standards. A major initiative, Project Nexus, aims to make cross-border payments faster, cheaper, and more seamless, though challenges remain in aligning regulations and infrastructure. As digital transactions surge, cybersecurity becomes critical, with the need to protect users without disrupting the payment experience. Importantly, digital finance is helping bank the unbanked, especially in rural areas, where mobile money and fintech tools are providing people with their first access to formal financial services.How can ASEAN ensure inclusive growth as digital payments continue to expand?
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