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    Home»Banking»RHB Introduces Cyber-Secure Tool as SMEs Face Rising Digital Risks
    Banking Security

    RHB Introduces Cyber-Secure Tool as SMEs Face Rising Digital Risks

    The bank says the tool will help businesses assess their cyber readiness and better understand their exposure to online fraud.
    Fintech News MalaysiaFintech News MalaysiaMay 21, 20262 Mins Read
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    RHB Introduces Cyber-Secure Tool as SMEs Face Rising Digital Risks
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    RHB Banking Group has launched a cybersecurity self-assessment tool to help Malaysian SMEs identify cyber and fraud risks before they escalate.

    The tool, called RHB Cyber-Secure, is part of the bank’s RHB Digital Trust Programme.

    RHB described it as Malaysia’s first bank-led cybersecurity self-assessment tool for SMEs.

    The programme was launched in Kuala Lumpur and officiated by Digital Minister Gobind Singh Deo.

    RHB Cyber-Secure helps SMEs assess their cybersecurity readiness and understand their exposure to cyber threats, fraud risks and digital vulnerabilities.

    RHB said SMEs remain vulnerable to cyber threats due to limited cybersecurity capabilities and resources.

    The programme also includes practical tools, knowledge-sharing and industry collaboration to support stronger cyber awareness.

    Dato’ Mohd Rashid Mohamad
    Dato’ Mohd Rashid Mohamad

    Dato’ Mohd Rashid Mohamad, Group Managing Director and Group CEO of RHB Banking Group, said,

    “Cybersecurity is no longer just a technical afterthought, it is a business survival issue for SMEs.

    Through RHB Cyber-Secure, we want to give businesses a practical and accessible way to understand their cyber risks, strengthen resilience and operate with greater confidence in an increasingly digital environment.”

    As part of the programme, RHB Bank Berhad and CyberSecurity Malaysia exchanged a MoU to support cyber awareness, capability-building and resilience among Malaysian businesses.

    Roshdi bin Hj Ahmad, Acting CEO of CyberSecurity Malaysia, noted that the partnership shows the need for public and private sector collaboration to strengthen digital trust.

    He added that practical tools and knowledge can help SMEs manage evolving cyber threats.

    Gobind Singh Deo
    YB Gobind Singh Deo

    Gobind Singh Deo, Minister of Digital, Malaysia said,

    “When we talk about cybersecurity for SMEs, we are not only talking about protecting systems. We are talking about protecting businesses, livelihoods and trust in the digital economy itself. This is why industry-led initiatives such as the RHB Digital Trust Programme are important.

    The launch of RHB Cyber-Secure gives businesses, especially SMEs, a practical and structured way to assess cyber readiness, identify vulnerabilities and strengthen digital defences before incidents happen.”

     

     

    Featured image: Edited by Fintech News Malaysia, based on image by Louis H. via Magnific

     

     

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