A recent, sophisticated attack on the popular Binance cryptocurrency trading platform saw users’ accounts compromised and simultaneous withdrawals made to the tune of 7000 Bitcoins (worth $40m at the time).

Forcepoint held its annual APAC conference in Kuala Lumpur, Malysia this week. The network security company, which specialises in behavioural and analytics-based protection, gave industry insights, talked about forthcoming products and announced survey results in addition to interfacing with channel partners.

Forcepoint, the company born from the amalgamation of Raytheon | Websense, has unveiled the findings of an APAC study conducted by Frost & Sullivan titled, “2019 Risk and Cybersecurity.” It shows that organisations’ failure to prioritise cyber security is hindering their digital transformation journey.