Saturday, January 14, 2017
Cyber-related laws reviewed holistically to promote Internet Economy
Salleh Said Keruak
Minister of Communication and MultiMedia
All cyber-related laws are being reviewed and looked at in a holistic manner towards developing the Internet Economy in Malaysia.
As our Prime Minister announced during the 2017 Budget speech, this year will be the year of the Internet Economy for Malaysia. In order for us to develop our Internet Economy, consumers must have trust in the networks.
In fact, Communications and Multimedia Act 1998 had been reviewed over the past 18 months with a view to improving the online environment. Some of the considerations made during the review is the need to develop interoperable and enabling platforms to increase the volume of digital transactions and harness data as a resource. Such platforms include payment systems, identity verification, cloud services and big data analytics.
The review also takes into account the need to improve security and build greater trust in existing networks as more transactions will attract more risks.
The review of the CMA 1998 has been completed and the proposed amendments will be tabled as soon as the review of other relevant laws is completed.
Initially, the amendments were supposed to have been tabled a year ago, however, with other legislation being reviewed and new laws to be introduced, particularly in the area of cyber security, the amendments to the CMA 1998 were put on hold so that everything could be approached collectively.
I am confident that this holistic approach and the proposed amendments to the CMA 1998 will facilitate a healthy online environment and help to promote more digital transactions.