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Investing in Cybersecurity
Understanding Cybersecurity:
Investing in the Future of Protection with Maybank Global Strategic Growth-I Fund
Acceleration in Cyber-Attacks
"Cyberattacks have more than doubled relative to the period prior to the Covid-19 pandemic"
- International Monetary Fund (IMF).
Since the COVID-19 pandemic, the rapid expansion of digital infrastructure and the growing interconnectivity of systems have exposed critical gaps in security, essentially increasing vulnerabilities across devices and networks.
Sophistication of Cybersecurity Attacks are Rising
The rise of artificial intelligence (AI) has made cyberattacks smarter and more advanced
Unlike older types of threats, AI-driven attacks use smart algorithms to find and exploit weaknesses much faster, making them harder to stop.
To protect against these AI-based attacks, it's important to invest in advanced security tools that can detect them.
Cybersecurity Breach Costs Surge
The cost of cybersecurity breaches reached US$8 trillion in 2023, and at its current pace of growth,
the cost could double to US$16 trillion within the next 5 years.
Chief Information Officers are increasingly prioritising investments in security solutions to manage cybersecurity risks and costs to the business.
Note: While this fund invests in digitisation of cash, it also includes other sectors in its portfolio. Please consider this when evaluating your investment decisions.
Disclaimer: This material contains a brief description of the fund and is not exhaustive. Investors are advised to request, read and understand the Prospectus before deciding to invest. The Prospectus for Maybank Global Strategic Growth-I Fund dated 10 July 2024 and its supplementaries if any (“Prospectus”) have been lodged with the Securities Commission Malaysia (“SC”), who takes no responsibility for its contents. A copy of the Prospectus can be obtained at our office or at our distributor’s branches. Investors are again advised to read and understand the content of the Prospectus before investing. Among others, Investors should consider the fees and charges involved. The price of units and distribution made payable, if any, may go down as well as up. The past performance of the fund should not be taken as indicative of its future performance.
The Securities Commission Malaysia takes no responsibility for the content of this material and expressly disclaims all liability arising from this material.
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