Anwar announces major investments in cybercrime prevention
The proposed legislation is expected to close existing loopholes, enhance prosecution processes and offer stronger protection to the public and organisations in the digital space.
PETALING JAYA - The government is stepping up its efforts to tackle the growing threat of online scams and cybercrime with a series of major initiatives aimed at strengthening the nation’s digital security and law enforcement capabilities, says Datuk Seri Anwar Ibrahim.
The Finance Minister and Prime Minister said at the forefront of these efforts is the drafting of the Cybercrime Bill, which would provide a more comprehensive legal framework to address various forms of cyber offences.
"The proposed legislation is expected to close existing loopholes, enhance prosecution processes and offer stronger protection to the public and organisations in the digital space.
"To reinforce national cyber defence, the National Cyber Security Agency (NACSA) has established the Cybersecurity and Cryptology Development Centre.
"This centre will focus on boosting digital sovereignty and advancing the country’s cyber resilience through research, development and talent-building in cryptology and cybersecurity technologies," he said in his Budget 2026 speech in Parliament, today.
For efforts against financial scams, Anwar said the National Scam Response Centre (NSRC) was now directly managed by the police.
"With this move, authorities aim to ensure faster and more efficient handling of financial fraud cases.
"The government has allocated RM12 million to support the centre’s operations and technological upgrades," he added. - THE STAR
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