Touch ‘n Go eWallet Offers Personal Data Protection Powered by F-Secureby Fintech News Malaysia August 28, 2023 0 comments
TNG Digital and Malaysia Digital Economy Corporation (MDEC) launched a campaign called #JagaDataKita powered by global cyber security and privacy company F-Secure to raise awareness on personal data breaches in Malaysia.
The campaign focuses on data protection and data breach awareness, understanding cyberthreats and scams as well as cultivating sound cyber hygiene practices.
It also marks the introduction MyCyberShield, a personal data protection solution from F-Secure that offers 24/7 monitoring which will be deployed in phases on the Touch ‘n Go eWallet platform.
Timo Laaksonen, President and CEO of F-Secure said,
“The first phase of MyCyberShield, offers identity protection with Cyber Help feature where subscribers can protect their and their family members’ multiple identities such as email address, credit card, phone, MyKad / NRIC, passport, bank account and username.
If breaches occur, subscribers will receive notifications containing information about the compromised data and will also get basic tips and recommended actions based on the severity of data breaches. The upcoming second phase will see more cybersecurity defences introduced, including exploring the potential of product bundling with TNG Digital Financial Services such as Wallet Safe and other relevant insurance products.”
MyCyberShield is available at RM9.99 for a three-month subscription until 30th September 2023. It includes the Cyber Help feature, which allows subscribers to receive personalised assistance when dealing with identity theft cases.
Subscribers will also have the option to reach out to F-Secure via phone, to receive guidance for their next step should the need arise.
MyCyberShield can be found on Touch ‘n Go eWallet’s homepage under the GOprotect feature.
Alan Ni, Chief Executive Officer of TNG Digital said,
“Personal data leaks are becoming a growing concern with our increasing digital dependence. Last year, the personal data of 22.5 million Malaysians, including their full names to ID numbers, home addresses, phone numbers and ID photos, was reportedly stolen and sold on the dark web. To make digital security a lifestyle, we must start by educating individuals.”