KUALA LUMPUR - Losses arising from cyber security threats reached RM79.16 million over a 22-day period, with cases involving the loss of cryptocurrency assets and funds from bank accounts among those reported to the Bukit Aman Commercial Crime Investigation Department (CCID).
Bukit Aman CCiD director Datuk Rusdi Mohd Isa said 16 police reports were received from Oct 10-31, including 11 cases involving cryptocurrency, with losses amounting to RM42.82 million due to hardware security breaches and the loss of digital assets.
He said two other cases involved missing funds from bank accounts, with losses amounting to RM14.52 million and RM21.80 million respectively, one of which involved a company.
"Also reported were cyber threat incidents involving the hacking of LED display screens, which resulted in inappropriate and obscene content being displayed in Kluang and Bandar Sunway,” he told reporters yesterday.
Meanwhile, Rusdi said statistics of offences under the Computer Crimes Act 1997 showed an increase to 1,297 cases from January to October this year, compared with 1,174 cases during the same period last year.
However, the total losses decreased to RM125.61 million, compared with RM239.20 million during the same period last year, he added.
Rusdi said cyber security threats are defined under Section 4 of the Cyber Security Act 2024 as an act or activity carried out without lawful authority that may jeopardise or adversely affect the security of a computer system.
"In facing this threat, the CCID remains committed to conducting investigations, strengthening its digital forensic analysis capabilities, especially in crypto-related matters, and identifying system security weaknesses,” he added.
He also emphasised the importance of integrated collaboration with relevant agencies, including Bank Negara Malaysia (BNM) for matters involving the financial system, while the National Cyber Security Agency (NACSA) serves as the party fully responsible for cyber security.
"We urge parties who may have experienced attacks or hacking attempts to come forward and lodge police reports instead of remaining silent, even if no losses have been incurred. This will enable the police to monitor the situation and take further action,” he added. - BERNAMA