Malaysia's Budget 2025 includes a RM30 million allocation to combat fraud and enhance cybersecurity, drawing praise from experts who highlight its importance for national security, economic growth, and building a more inclusive digital society.
KUALA LUMPUR: The RM30mil allocation in Budget 2025 for efforts to combat fraud and improve cybersecurity has been described as a proactive and timely measure by stakeholders.
Selvakumar said this provision will establish a robust cybersecurity framework while building trust in digital transactions and services. Prime Minister Datuk Seri Anwar Ibrahim, in tabling Budget 2025 last Friday, announced an allocation of RM20mil to strengthen the role of the National Fraud Response Centre and the addition of 100 positions at the National Cyber Security Agency with an allocation of RM10mil.
“This will increase Nacsa’s ability to monitor and coordinate important measures to strengthen our country’s cyber resilience,” he said. The centre will be established to plan and coordinate the migration programme of the country’s cryptographic system to post-quantum cryptography.
Cybersecurity Budget 2025 Fraud Prevention National Security Digital Economy
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