The US-owned company has signed a memorandum of understanding with CyberSecurity Malaysia, the national cybersecurity specialist and technical agency of Malaysia’s Ministry of Communications and Multimedia.
Haji Amirudin Bin Abdul Wahab (pictured, left), CEO of CyberSecurity Malaysia, said: “Organisations today are beginning to complement their cybersecurity strategies with cyber resilience. CyberSecurity Malaysia … identifies collaboration as one way to strengthen the cybersecurity ecosystem in Malaysia.”
Ravindran Mahalingam (pictured, right), 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.”
HGC will encourage increased cybersecurity innovation by enabling CyberSecurity Malaysia to achieve its purpose of overcoming national cybersecurity challenges and deliver greater ICT benefits to internet users.
According to CyberSecurity Malaysia, between January and September 2020, Malaysia recorded 8,366 cybersecurity incidents, including fraud, intrusion, and malicious code – an increase of nearly 10% over the figure for 2019.
The agreement will at first benefit large to medium enterprises, the financial services industry, government and semi-government bodies, said HGC, which is owned by US private equity company I Squared Capital.
HGC said the impact of the agreement will reach its customers across the Asia community, and within a wide range of industry verticals such as e-health, e-commerce and e-education initiatives.
Under the collaboration, HGC will provide 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.
Mahalingam said: “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.”
