Malaysia-Singapore level of collaboration on data safety, digital economy
SINGAPORE: Malaysia and Singapore signed a memorandum of understanding (MoU) to promote cooperation in aspects of data, cyber security and the digital economy.
Minister of Communications and Digital, Fahmi Fadzil said the cooperation between the two countries will be increased in terms of sharing expertise, policy and regulation.
“We will also jointly implement cross-border data flow mechanisms under the ASEAN Framework on Digital Data Governance , as well as exchange information on any important issues.
“It includes incidents and investigations related to cross-border data protection that are happening. Whether it is related to individuals or organizations,” he said in a press conference at the Malaysian High Commission in Singapore, today.
The cooperation involves the exchange of information, analysis of cyber attack incidents and related issues.
“Because we now see threats happening almost every week… trying to breach the database in Malaysia. The issue is in some cases we can’t be sure where the attack is coming from,” he added.
In addition, he said Malaysia and Singapore will identify agencies that will be given priority to establish the Malaysia-Singapore Cyber Security Round Table.
This is a positive step regarding the digital economy that involves the scope of the Ministry of International Trade and Industry (MITI), he said.
Fahmi explained that it is focused on information exchange, best practices and policies involving digitization, as well as new technologies such as blockchain and artificial intelligence.
