In 2024, we continued to strengthen our data security framework, addressing the challenges posed by an evolving digital landscape. These efforts were strategically aligned to mitigate risks, protect stakeholder trust, and ensure operational resilience. 1. Strengthening Cyber Defences We prioritised enhancing the Group’s technical infrastructure and resilience to cyber threats, ensuring robust protection for our digital assets and systems. Initiatives What We Did Cybersecurity Enhancement Upgraded endpoint security with Microsoft Defender for Endpoint to enable advanced threat detection, prevention, and response capabilities, strengthening the protection of systems and devices against sophisticated threats. Penetration Testing Conducted regular assessments to identify and mitigate critical vulnerabilities, enhancing overall security posture and ensuring compliance with regulatory requirements. WHAT VALUE WAS CREATED IN 2024? WHAT IS OUR OUTLOOK? 3. Optimising Monitoring and Response Building on our Managed Security Service Provider (MSSP) programme, launched in 2021, we continue to leverage specialised security expertise and advanced tools for enhanced threat detection and continuous monitoring. The MSSP programme provides scalability and flexibility, enabling us to adapt swiftly to evolving security challenges while strengthening overall defence capabilities without requiring substantial internal investments. Additionally, advanced antivirus tools enhance our ability to analyse and address risks effectively, while improving technical support and deployment processes to ensure a seamless and proactive cybersecurity approach. 2. Proactive Risk Management In 2024, we reduced our external attack surface by proactively addressing risks associated with data leaks and enhancing monitoring capabilities. Focus Areas What We Did Dark Web Monitoring Enhanced detection and mitigation of potential breaches through regular assessments, ensuring sensitive information remains secure. Email Security Improvements Strengthened email protection with real-time security alerts, helping employees to identify and avoid malicious attachments and links, reducing phishing and malware risks. In advancing our cybersecurity efforts, we will build on our progress by further enhancing defences, proactively managing risks, and strengthening resilience. Zero Substantiated Complaints: Between 2022 to 2024, there were zero substantiated complaints concerning breaches of customer privacy and losses of customer data. PERFORMANCE OUTCOMES Governance 128 FGV Holdings Berhad | Annual Integrated Report 2024
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