Home > News > Top Stories > HGC signs MoU to strengthen public telecoms network security with CyberSecurity Malaysia

Software Security

HGC signs MoU to strengthen public telecoms network security with CyberSecurity Malaysia

HGC Global Communications Limited (HGC), a fully-fledged fixed-line operator and ICT service provider with extensive local and international network coverage, services and infrastructure, today announced the signing of a Memorandum of Understanding (MoU) with CyberSecurity Malaysia, the national cybersecurity specialist and technical agency under the Ministry of Communications and Multimedia Malaysia (KKMM).
The MoU provides a framework under which HGC will facilitate its portfolio of critical cybersecurity skillsets to the telecommunications industry whilst fostering increased cybersecurity innovation by enabling CyberSecurity Malaysia to achieve its purpose of overcoming national cyber security challenges and deliver greater ICT benefits to internet users.

The MoU will at first benefit large to medium enterprises, the financial services industry (FSI), government and semi-government bodies. The cooperation's impact will be felt beyond Malaysia's borders by reaching HGC's customers overseas, in particularly across the Asia community, and within a wide range of industry verticals such as e-health, e-commerce, e-education initiatives.
HGC provides broad range of connectivity and cybersecurity services to keep safe

Given the increase in the number of internet users has a direct implication on the increase in potential threat on information systems, it is essential to take necessary precautionary measures.

According to CyberSecurity Malaysia, between January and September 2020, Malaysia has recorded 8,366 cybersecurity incidents, including fraud, intrusion, and malicious code -- an increase of nearly 10% over compared to 2019.

Under the collaboration, HGC with its international exposure is tasked with provisioning its cybersecurity expertise including consulting, managed security services, engineering, risk management, cloud security and advisory services. This will in turn enable CyberSecurity Malaysia to boost its range of cyber security innovation-led services, programmes, and initiatives to reduce the vulnerability of digital systems, and at the same time strengthen Malaysia's self-reliance in cyberspace.

The MoU will cover cybersecurity cooperation in key areas including telecom security, IoT security and threats intelligence. The exchange of information on telecommunication networks, ICT solutions and cybersecurity can further improve cyberattack readiness and prevention measures.

Ravindran Mahalingam, HGC's SVP of International Business, said: "Cybersecurity is a paramount asset, key to HGC's vision of a connected world. As a global telecommunications service provider, we are committed to promoting sustainable development of technological innovations, keeping cybersecurity at the centre of business solutions. More, cybersecurity is important in a smart city as the infrastructure can be vulnerable and needs to avoid any breaches. HGC is dedicated to support cybersecurity for ICT and network initiatives, ensuring a secure and reliable digital business environment."

Dato' Ts. Dr. Haji Amirudin Bin Abdul Wahab, CyberSecurity Malaysia's Chief Executive Officer, said: "Today, cyber security is a major concern for most industries and the vulnerabilities are rising at an alarming rate; hence IT professionals are in high demand to analyse and overcome these threats. Moreover, these attacks could have been dealt with if those businesses have better cyber resilience. Organizations today are beginning to complement their cybersecurity strategies with cyber resilience. CyberSecurity Malaysia, a national cyber security specialist and technical center under the purview of the Ministry of Communications and Multimedia Malaysia, identifies collaboration as one way to strengthen the cybersecurity ecosystem in Malaysia. CyberSecurity Malaysia is pleased with the collaboration between global companies such as HGC to develop sustainable relationships between government and industry as well as raising the level of readiness and resilience of national cyber security and its contribution to national economic growth."
About HGC Global Communications Limited

HGC Global Communications Limited (HGC) is a leading Hong Kong and international fixed-line operator. The company owns an extensive network and infrastructure in Hong Kong and overseas and provides various kinds of services. HGC has 23 overseas offices, with business over 5 continents. It provides telecom infrastructure service to other operators and serves as a service provider to corporate and households. The company provides full-fledged telecom, data centre services, ICT solutions and broadband services for local, overseas, corporate and mass markets. HGC owns and operates an extensive fibre-optic network, five cross-border telecom routes integrated into tier-one telecom operators in mainland China and connects with hundreds of world-class international telecom operators. HGC is one of Hong Kong's largest Wi-Fi service providers, running over 29,000 Wi-Fi hotspots in Hong Kong. The company is committed to further investing and enriching its current infrastructure and, in parallel, adding on top the latest technologies and developing its infrastructure services and solutions. HGC is a portfolio company of I Squared Capital, an independent global infrastructure investment manager focusing on energy, utilities and transport in North America, Europe and selected fast-growing economies.

About CyberSecurity Malaysia

CyberSecurity Malaysia is the national cybersecurity specialist and technical agency under the purview of the Ministry of Communications and Multimedia Malaysia (KKMM). In essence, CyberSecurity Malaysia is committed to provide a broad range of cybersecurity innovation-led services, programmes and initiatives to help reduce the vulnerability of digital systems, and at the same time strengthen Malaysia's self-reliance in cyberspace. Among specialized cyber security services provided are Cyber Security Responsive Services; Cyber Security Proactive Services; Outreach and Capacity Building; Strategic Study and Engagement, and Industry and Research Development.

Spotlight

More featured news

Spotlight

Related News

Platform Security

Stellar Cyber and Proofpoint Strategic Alliance to Deliver Comprehensive Email Security Solution For SecOps Teams

Stellar Cyber | January 23, 2024

Stellar Cyber, the innovator of Open XDR, announced a new partnership with Proofpoint, a leading cybersecurity and compliance company. Through this alliance, Proofpoint and Stellar Cyber customers benefit from an out-of-the-box integration enabling swift email investigations and real-time response actions to email-driven attacks. Proofpoint Targeted Attack Protection monitors emails to identify suspicious emails and potentially malicious attachments and URLs. Once identified, the findings are shared with Stellar Cyber automatically. Stellar Cyber’s Open XDR platform ingests, normalizes, and analyzes Proofpoint findings and other collected data to deliver a comprehensive threat picture. As security analysts conduct investigations, they can instruct integrated third-party products – including Proofpoint – on corrective actions. “Protecting organizations against email-borne attacks is a top priority, and security teams need a way to automatically correlate threat telemetry across the entire attack surface in order to quickly remediate threats,” said Andrew Homer, VP of Strategic Alliances, Stellar Cyber. “This new partnership with Proofpoint is the latest example of Stellar Cyber delivering on its Open XDR strategy to provide customers turn-key integrations that improve productivity and threat detection.” “Email attacks remain the number one entry point into an organization, and the level of sophistication of these attacks continues to grow exponentially,” said D.J. Long, Vice President, Strategic Alliances & Business Development, Proofpoint. “We’re thrilled to work with Stellar Cyber on this strategic alliance to help customers protect against advanced email-based threats and unify their cybersecurity defense.” Through this alliance, Stellar Cyber and Proofpoint give security teams an advantage over attackers, resulting in the following: Real-time threat signals exchanged for proactive detection Correlation of Proofpoint alerts across the entire attack surface Automated response actions for immediate threat containment About Stellar Cyber Stellar Cyber’s Open XDR Platform delivers comprehensive, unified security without complexity, empowering lean security teams of any skill level to secure their environments successfully. With Stellar Cyber, organizations reduce risk with early and precise identification and remediation of threats while slashing costs, retaining investments in existing tools, and improving analyst productivity, delivering an 8X improvement in MTTD and a 20X improvement in MTTR. The company is based in Silicon Valley.

Data Security

GuidePoint Security Announces Portfolio of Data Security Governance Services

GuidePoint Security | January 30, 2024

GuidePoint Security, a cybersecurity solutions leader enabling organizations to make smarter decisions and minimize risk, today announced the availability of its Data Security Governance services, which are designed to help customers address the challenges of unstructured data and data sprawl through a proven process and program to meet their unique needs. GuidePoint’s Data Security Governance services consist of policies, standards, and processes leveraging the newest technologies to meet organizations’ data governance goals in both on-prem and cloud environments. Once the right strategy is determined with the customer, GuidePoint Security consultants will review program requirements, assess current policies and controls, perform gap analysis, design and develop/enhance the program, recommend and implement supporting technologies, and create operational processes and metrics. “Whether an organization is just beginning to build their data security governance program or needs help assessing and improving an existing program, our team and service capabilities are built to meet them at their current maturity level,” said Scott Griswold, Practice Director - Security Governance Services, GuidePoint Security. “We work side by side with the customer to conduct the necessary data discovery in their environment and provide tailored recommendations for solutions and processes to ultimately build/improve upon the data security governance program.” GuidePoint’s Data Security Governance Services include: Sensitive Data Cataloging: For organizations just getting started in the process of protecting their sensitive data, GuidePoint offers Data Identification workshops to identify sensitive data types in the environment, including trade secrets, intellectual property, and sensitive business communications. Data Security Governance Program Assessment: For organizations with existing Data Security Governance or Data Protection programs, GuidePoint Security experts will assess the program to identify policy non-compliance, gaps in data protection requirements—whether legal, regulatory, contractual, or business—and program maturity levels. Data Security Governance Program Strategy Development: The GuidePoint team will work with an organization's key stakeholders to design a program strategy aligned with relevant requirements. The outputs of this effort include delivering ongoing sensitive data discovery, automated classification and labeling, the application of required sensitive data protections, restrictions on where sensitive data can be stored and sent, and data retention policy enforcement. Merger and Acquisition Data Identification: This offering provides the ability to identify sensitive data within an M&A target or recent acquisition (including locations, amounts, and access rights) and then perform penetration testing on the storage repositories where that sensitive data exists to determine the risk of data compromise. About GuidePoint Security GuidePoint Security provides trusted cybersecurity expertise, solutions and services that help organizations make better decisions that minimize risk. Our experts act as your trusted advisor to understand your business and challenges, helping you through an evaluation of your cybersecurity posture and ecosystem to expose risks, optimize resources and implement best-fit solutions. GuidePoint’s unmatched expertise has enabled a third of Fortune 500 companies and more than half of the U.S. government cabinet-level agencies to improve their security posture and reduce risk. Learn more at www.guidepointsecurity.com.

API Security

Cequence and Vercara Partner to Combat Cyber Threats and Revolutionize API Security

Cequence Security | January 25, 2024

Cequence Security is proud to announce a new partnership with Vercara, a leading provider of cloud-based services that secure the online experience. This collaboration aims to fortify the cybersecurity landscape by pairing Vercara’s network and application protections with Cequence Security's innovative Unified API Protection (UAP) platform. Security teams encounter substantial hurdles in safeguarding API applications from cyber-attacks, including the rapid development and deployment of API applications across diverse cloud providers. The unmanaged and unprotected nature of these APIs can harbor critical vulnerabilities, making them susceptible to exploitation. Moreover, the lack of a clear and consistent security posture across the application footprint introduces further complexities. To address these challenges, Cequence Security's UAP platform provides a comprehensive discovery of the entire API attack surface, encompassing both external and internal APIs. It ensures compliance with security and governance best practices, eliminating unknown and unmitigated API security risks. Furthermore, the solution offers native real-time inline protection, blocking API attacks before they reach applications. "The absence of API protection puts you at risk of potential theft, fraud, non-compliance, and business disruptions,” said Carlos Morales, SVP Solutions at Vercara. “Our partnership with Cequence combines our collective best-in-class services to address the evolving demands of the cybersecurity landscape, ensuring that businesses can confidently deploy needed applications and successfully navigate the complexities of API security with advanced, holistic protection.” Arun Gowda, VP, Business Development at Cequence Security, said, “In the evolving landscape of cybersecurity, the extensive risk of data compromise in API breaches goes beyond external APIs to internal ones. These often-overlooked internal APIs can access sensitive data not intended for public exposure. APIs have changed the game for attackers, making it imperative to prioritize the security of all assets accessible through APIs, including those not expected to be publicly exposed.” He added, “We are pleased to combine our innovative API security solutions with Vercara's innovative WAF and DDoS services to deliver advanced, holistic API protection. This collaboration reinforces our commitment to provide unparalleled security measures for businesses reliant on APIs.” Cequence Security's UAP platform is unparalleled in addressing all phases of the API security lifecycle. It provides: Discovery: A continuous API attack surface discovery management product that assesses your application footprint, offering a complete inventory of external APIs. Compliance: A security posture management product that identifies security risks in APIs, ensuring compliance with specifications, security test requirements, and governance best practices. Protection: Detects and prevents sophisticated automated API attacks and business logic abuse using advanced machine learning rules, providing real-time protection without relying on third-party components. About Cequence Security Cequence, a pioneer in API security and bot management, is the only solution that delivers Unified API Protection (UAP), uniting discovery, compliance, and protection across all internal and external APIs to defend against attacks, targeted abuse, and fraud. Requiring less than 15 minutes to onboard an API without requiring any instrumentation, SDK, or JavaScript integration, the flexible deployment model supports SaaS, on-premises, and hybrid installations. Cequence solutions scale to handle the most demanding Fortune and Global 2000 organizations, securing more than 8 billion daily API calls and protecting more than 3 billion user accounts across these customers. To learn more, visit www.cequence.ai. About Vercara Vercara is a purpose-built, global, cloud-based security platform that provides layers of protection to safeguard businesses’ online presence, no matter where attacks originate or where they are aimed. Delivering the industry’s highest-performing solutions and supported by unparalleled 24/7 human expertise and hands-on guidance, top global brands depend on Vercara to protect their networks and applications against threats and downtime. Vercara’s suite of cloud-based services is secure, reliable, and available, delivering peace of mind and ensuring that businesses and their customers experience exceptional interactions all day, every day. Pressure-tested in the world’s most tightly regulated and high-traffic verticals, Vercara’s mission-critical security portfolio provides best-in-class DNS and application and network security (including DDoS and WAF) services to its Global 5000 customers and beyond. For more information, visit vercara.com.