30/07/2025

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Report reveals growing ‘hacktivism’ in Malaysia Ensign InfoSecurity Malaysia senior director Jeremy Moke said.

Camaroe signs underwriting agreement with M&A Securities for ACE Market IPO KUALA LUMPUR: Camaroe Bhd, an integrated aquaculture group specialising in the farming and proc essing of black tiger prawns, has inked an underwriting agreement with M & A Securities Sdn Bhd in preparation for its Initial Public Offering (IPO) on the ACE Market of Bursa Malaysia Securities Bhd. Founded in 2009, Camaroe has grown from operating four ponds to managing 138 ponds across five coastal prawn farms, supported by a processing facility in Kapar, Selangor. The group is involved in the sale of live black tiger prawns as well as processing and sale of frozen black tiger prawns, both head-on shell-on and peeled. Its products are distributed to both international buyers across China, South Korea and Taiwan as well as local wholesalers. According to the exposed prospectus published on Bursa Securities’ website, Camaroe’s IPO involves the issuance of 99.00 million new ordinary shares and an offer for sale of 49.50 million existing shares. Managing director Teoh Han Boon said that with the IPO proceeds, they aim to enhance their processing infrastructure, adopt clean energy solutions, and invest in biotechnology to further enhance farming productivity and sustainability in their efforts to reinforce their position in the prawn export market. M & A Securities Sdn Bhd managing director Datuk Bill Tan said Camaroe is well-positioned to capture the growing demand for premium black tiger prawn across Asia-Pacific and this IPO will equip them with the capital and strategic direction to scale operations and deliver long-term value. As outlined in the prospectus, the IPO proceeds will primarily be utilised for the construction of a new Bukit Raja processing facility, purchase of machinery and equipment, installation of solar panels, and the establishment of a biotechnology department.

force the reality that no sector is immune to cyberthreats. “Threat groups are becoming more strategic – bypassing traditional defences by exploiting trust, vendor relationships, and weak access points within systems. “Organisations can no longer assume that their defences are adequate. They must continuously adapt, validate their security measures, and address vulnerabilities to ensure their cyber posture is aligned with today’s threat landscape. “At Ensign, we are committed to supporting organisations in building stronger, more resilient defences,” he said. Ensign InfoSecurity revealed that the cyberthreat underground economy has evolved into a mature and highly collaborative economy. Threat actors including ransomware groups, Initial Access Brokers, and hacktivists work in tandem; each specialises in a piece of an attack while pursuing multiple income streams and there has been an increased sophistication in supply chain compromises, where hardware, software, and service providers are specifically targeted to gain stealthy access to organisations. Compared to 2023, incident-response dwell time (the duration attackers remain undetected within networks) has risen significantly across industries. Across Asia Pacific, the maximum dwell quadrupled from 49 to 201 days, while the minimum dwell more than doubled to seven days. This signals that cyber criminals had a much wider window to steal data, move across networks, and cause damage. Zairil also emphasised the importance of the floating solar project on Silicon Island, considering the area is being actively developed and requires renewable energy sources as an alternative energy supply. Therefore, he said the state government will try to expedite the implementation of the project, especially to support development on the artificial island as the state’s new green technology hub. “It is really necessary on Silicon Island because the first area to be developed is the technology park. In two years, the factory will start operating, so we need renewable energy, especially solar.”– Bernama

o Threat actors forming alliances amid increasing supply chain vulnerabilities PETALING JAYA: Ensign InfoSecurity (Ensign), Asia’s largest pure-play cybersecurity services provider, released its sixth Cyber Threat Landscape Report (CTLR), revealing a thriving underground cyberthreat economy and growing supply chain vulnerabilities across Asia-Pacific. In Malaysia, the report observed a rise in hacktivist activity, with these ideologically motivated threat actors growing in scale and sophistication within a mature, underground cyberthreat economy. In short, threat actors are joining forces with other hacktivists and even organised crime groups to grow their capabilities and fund larger campaigns. This report is based on insights drawn from Ensign’s proprietary telemetry and intelligence gathered across Asia Pacific in 2024, including Malaysia. It provides a comprehensive view of the evolving landscape, including newly observed alliances between threat actors. “The evolving posture of hacktivism signals a shift from purely ideological motivations to campaigns driven by financial incentives. The cyber underground today fosters both competition and collaboration, enhancing the effectiveness and success rates of cyber-attacks,”

These alliances, he added combined with widening supply chain vulnerabilities, have made threat groups like hacktivists more capable, persistent, and difficult to dislodge. The automotive & mobility sector is an emerging target sector in Malaysia. The proliferation of modern vehicles integrating complex computing, software, and the supporting infrastructure creates new points of vulnerability. Besides, its extensive network of suppliers, manufacturers and service providers further exposes organisations to vulnerabilities in its cyber supply chain. “Meanwhile, the hospitality sector is a target for surveillance-related activities involving Politically Exposed Persons at international conferences and meetings in-country. “Ongoing target sectors, meanwhile, include banking, financial & insurance; defence & law enforcement; energy & utilities; technology, media & telecommunications; and the public sector. This diversification signals a shift in attacker strategy, with threat groups expanding their focus to industries that manage sensitive data or offer access to wider ecosystems. The report also highlights a significant shift in cyberattack outcomes, with data breaches (41.1%) and denial-of-service attacks (30.1%), surpassing ransomware attacks – which had been the leading outcome in 2023. “As threat actors evolve, so must our understanding of where the risks lie,” Moke said, adding that their latest findings in Malaysia rein as the Teluk Bahang Dam and Mengkuang Dam. “Dams are most suitable for a floating solar project in terms of area and water stability, unlike the sea where there are unique challenges and even the panel installation methods are different. “However, many matters need to be examined first, considering that the dams are sources of drinking water supply and are under the management of the Penang Water Supply Corp. So, it requires approval and also more thorough study,” he told reporters after attending the Malaysian Photovoltaic Sustainable Energy Association Solar Roadshow 2025 here yesterday.

Penang identifying locations for floating solar projects GEORGE TOWN: Penang plans to develop floating solar projects in line with the state government’s efforts to achieve a target of 10% renewable energy by 2030.

State infrastructure, transport and digital committee chairman Zairil Khir Johari said the project is seen as a suitable alternative in efforts to expand the use of renewable energy sources due to land constraints in Penang and the high cost of developing ground-mounted solar farms. He said presently, his team is considering various strategic locations with potential to implement the project, including dam areas such

Coherent opens new research facility PETALING JAYA: Coherent Corp, a global leader in photonics, opened its new Datacom Research and Development Centre in Gelugor, Penang, yesterday, underscoring the company’s strategic commitment to serving its rapidly grow ing global markets. Coherent is doing here in Penang. “The strategy also aims to deepen Malaysia’s local capabilities in areas like chip packaging, photonics, and silicon technologies, creating the kind of ecosystem that benefits global innovators.” Sikh Shamsul said as Coherent develops next-generation optical

through ongoing expansion plans, and we are confident that our footprint in Penang will spearhead innovation in advanced photonics technology.” Meanwhile, vice-president of engineering, Asia R&D Jimmy Wu said: “Penang is an ideal location, thanks to its well-established high-tech industry and a strong pool of technical talent capable of supporting our R&D growth plans.” The new centre comes equipped with impressive capabilities that put it at the forefront of optical technology, that is, next-generation silicon photonics solutions for optical transceivers; advanced development facilities for 400G, 800G, and 1.6T optical transceiver modules and specialised testing environments for AI and cloud computing applications This expansion strengthens Coherent’s ability to serve its global markets while creating valuable connections between its manufacturing sites in Ipoh and Perai and its R&D operations in Shanghai.

Situated at Menara IJM Land, the Penang R&D Centre joins the company’s expanding network in Malaysia, complementing its larger manufacturing sites in Ipoh, Perak and Perai, Penang, further maximising transceiver supply from Malaysian factories. Malaysian Investment Development Authority (Mida) CEO Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid said the National Semiconductor Strategy (NSS), introduced in 2024, lays out Malaysia’s plan to strengthen its position in the global semiconductor supply chain. “One of the NSS’s core priorities is supporting high-value R&D and advanced technologies exactly the kind of work

transceiver technologies at this new facility, it stands to gain from the strong pipeline of talent being built through the NSS. “Mida is committed to supporting Coherent’s journey not only in the past and present, but well into the future.” Coherent vice-president and managing director Jimmy Ling said: “Coherent Malaysia takes pride in how strategically we are positioned to support the company’s overall growth. “Our successful establishment over nearly 25 years has played a critical role in strengthening our global value chain

Sikh Shamsul says Mida is committed to supporting Coherent’s journey.