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Increased availability of secure and redundant Internet infrastructure in Malaysia is pushing confidence levels up among local businesses, thus boosting demand for e-business. According to network service provider Cordoda Corporation, demand is being driven by banks and financial institutions which traditionally are among the first movers in e-business. Its chief operating officer Shane Hodges said: ""We have already seen a significant interest in our Enterprise Broadband Network (EBN), not only from content rich applications providers seeking the channels to distribute, but also local corporations looking to deliver solutions and services to their customers via the Internet." " The banks and the financial institutions are aggressively pursuing opportunities to gain the competitive advantage in their respective markets," he added. Furthermore, banks and financial institutions are being forced to re-look at their business strategies to glean and realise further profits in an already shrinking and extremely competitive market. According to Hodge, "Internet banking and electronic payments will become a common feature of Malaysian consumer lifestyle in the near future." Of course, with the entry of foreign banks into the Malaysian landscape in the very near future, the Internet will play a pivotal role in levelling the playing fields for local financial insitutions. Via EBN, Cordoda touts a variety of services including connectivity solutions, managed network services and e-business applications. EBN's managed network security offerings encompass access control and protection from malicious attacks, Virtual Private Network (VPN) capabilities, network address translation (NAT) and intrusion detection. This news is related to Cordoda Corporation Sdn Bhd
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