In its pre-budget statement, the Ministry of Finance (MoF) outlined its goals to restructure the economy for greater competitiveness and higher value-added activities, improve quality of life and inclusiveness of opportunities, and strengthen governance and public service delivery.

The upcoming Budget 2025 is built on three key pillars of the Ekonomi MADANI, which focuses on “Raise the Ceiling” of Malaysia’s economic stature, “Raise the Floor” of Malaysians' quality of life and good governance and public sector reform.

In anticipation of the upcoming Malaysian budget, SailPoint’s Managing Director for ASEAN, Eric Kong, shares his insights on the critical importance of identity security in today’s digital landscape. As organizations increasingly face sophisticated cyber threats, the need for robust identity security measures has never been more urgent. In this interview, Kong discusses the prevalent security issues and cyber risks that organizations encounter without proper identity security, and highlights the specific concerns and requirements voiced by fintech and digital players. With a focus on leveraging intelligent automation and AI-driven solutions, SailPoint aims to address these challenges, ensuring compliance and safeguarding sensitive data in an era of rapid digital transformation.