Businesses across the Asia Pacific (APAC) are facing a relentless rise in cyber threats, with ransomware attacks becoming a particularly pervasive danger. These attacks are not only impacting large corporations but are also significantly affecting small and medium enterprises (SMEs), creating an alarming reality for businesses that rely on interconnected digital systems.

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U Mobile has unveiled the country's first Open API Portal under the Open GSMA Initiative. This groundbreaking platform aims to foster industry innovation by granting developers, partners, and businesses access to U Mobile’s comprehensive suite of APIs.

In a noteworthy development for Indonesia's digital economy and the Golden Indonesia 2045 vision, GoTo Group, Tencent Cloud, and Alibaba Cloud have signed agreements to enhance cloud infrastructure and digital talent development in Indonesia.

Banglalink, driven by a vision to become a leading digital service provider, is committed to innovation in both solutions and operational approaches. While exploring uncharted territories carries inherent risks, it also presents significant opportunities that are essential for maintaining a competitive edge as a market challenger. Embracing a high level of agility and a growth-oriented mindset, Banglalink fosters an environment where employees are encouraged to "learn & grow." This approach allows the company to capitalize on the latest technologies and trends, accelerating its progress and market presence.

Viettel Threat Intelligence identified over 315,000 compromised credentials, 17,456 phishing attacks, and numerous vulnerabilities impacting businesses across the Philippines in the first half of 2024.

Qvantel, a leader in Digital BSS, has announced a significant expansion in Asia by opening a new development and support center in Bangladesh in partnership with Banglalink, the country's most innovative digital operator and telecom service provider.

The telecommunications sector in Bangladesh has seen a significant evolution, marked by increased access to mobile networks and broadband services. As of recent reports, the sector is estimated to be worth USD 4.87 billion in 2024, and is expected to reach USD 5.86 billion by 2029, growing at a CAGR of 4.31% from 2024 through 2029, accounting for a substantial share of the country’s GDP, contributing to employment, and fostering digital inclusion.

Indonesia is leading the way in developing a digital economy, transforming the country into a digital powerhouse in Southeast Asia. The government is committed to revolutionizing the digital landscape through the ‘Making Indonesia 4.0’ roadmap, which focuses on innovation, infrastructure, and advanced technologies in key sectors. Initiatives like the ‘100 Smart Cities’ program and the ‘National Strategy for Artificial Intelligence (2020-2045)’ demonstrate Indonesia’s dedication to improving digital capabilities nationwide to facilitate inclusive economic growth.