A comprehensive guide to Malaysia’s new Cyber Security Act 2024 and regulations: Potential impact on businesses
27 September 2024
Malaysia’s Cyber Security Act 2024 (“Act”) was gazetted on 26 June 2024 and came into force on 26 August 2024. The Act is aimed at enhancing the nation’s cyber security by:
- establishing the National Cyber Security Committee;
- defining the duties and powers of the Chief Executive of the National Cyber Security Agency;
- outlining the functions and duties of the national critical information infrastructure (“NCII”) sector leads and NCII entities;
- addressing the management of cyber security threats to the NCII and cyber security incidents; and
- regulating cyber security providers through licensing.
Four sets of related regulations were also issued and came into force on 26 August 2024.
This article by our associate firm in Malaysia, Rahmat Lim & Partners, sets out key takeaways for businesses and is available on their website.