Page 57 - 20v•Cyber Security Strategy 2020-2024
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Malaysia Cyber Security Strategy 2020-2024  57







                                                      To promote the creation of local
                                                      technologies and a competitive
                                                      local  industry,  we  plan  to  nurture
                                                      existing companies and create new
                                                      ventures, supported by the Public-
                                                      Private Partnership establishment
                                                      of  a  Cyber  Security  Start-Up  Hub.
                                                      The Hub will help to understand
                                                      and address local cyber security
                                                      challenges so that companies or
                                                      start-ups  could  in  turn  develop
                                                      solutions  and  services  that  are
                                                      relevant and ready to serve local
                                                      needs and subsequently scale up
                                                      to meet global requirements. The
                                                      Hub will also provide incentives
                                                      and    appropriate    platforms   for
                                                      companies  to  share  information.
                                                      The Hub will assist companies
                                                      with   marketing    their   products
                                                      locally and globally. A national
                                                      programme  will  facilitate  adoption
                                                      of locally developed cyber security
                                                      products, solutions and services
                                                      within critical national infrastructure.


                                                      There will also be a notable
                                                      expansion    of   funding,   through
                                                      additional    government      grants
                                                      and incentives, to help promote
                                                      the  acceptance  and  adoption  of
                                                      locally developed cyber security
                                                      products, solutions and services
                                                      by CNII organisations, including
                                                      government agencies and private
                                                      sector organisations.
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