TIME, LGMS, Tecforte ink MoU to develop cybersecurity solutions
By Digital News Asia July 6, 2021
- Parties to collaborate on cybersecurity management platform for critical infrastructure
- Signs MoU to assist organisations increase cyber defence, cysecurity awareness
TIME dotCom Bhd (TIME), LE Global Services Sdn Bhd (LGMS) and Tecforte Sdn Bhd (Tecforte) have signed a Memorandum of Understanding (MoU) to collaborate on a comprehensive cyber security management platform and services for critical infrastructure sectors.
In a statement, TIME said the MoU was signed during CYDES 2021 the World’s First Integrated Cyber Defence, Cyber Security and Emerging Technology event for the global community and was witnessed by Ismail Sabri Yaakob, senior minister for defence, Rodzi Md Saad, deputy director general of national security, National Security Council.
The MoU aims to better assist organisations of all sizes in increasing their cyber defence and cyber security awareness, in line with the Malaysian Cyber Security Strategy (MCSS) developed by the National Cyber Security Agency (NACSA), it added.
TIME said the MOU with LGMS and Tecforte will be the start of an exciting future in the technology sector, particularly in the cyber security vertical.
Kit Au, TIME's vice president for enterprise business said, “TIME, LGMS and Tecforte have collaborated successfully in the past, and we are confident that the platform and services we are developing alongside TIME’s suite of hyperscale business-to-business (B2B) offerings will provide meaningful solutions for the market.”
Au noted that as the collaboration matures, there is the potential to export these cybersecurity services to the region, riding on TIME’s regional network presence.”
The cybersecurity platform and services resulting from the collaboration will deliver solutions that offer easy access, eliminate prohibitive cost factors while providing compliance readiness to businesses, said TIME.
Tecforte’s SectorGard, a sectoral security management platform, is the perfect example of their expertise in developing technology for the critical infrastructure sector in Malaysia, TIME said.
The platform allows sector-wide monitoring for cyber resiliency on a single platform where a sector lead has visibility and the ability to monitor, benchmark and potentially regulate the security status of each sector member, the telco said.
SectorGard is integrated with Tecforte’s threat intelligence platform and threat intelligence exchange, allowing for multi-directional sharing of threat information.
“The architecture on which our platform was developed gives us a distinct advantage in either scaling down or scaling up the platform, depending on the client’s needs,” said Kho Han Yao, chief executive officer (CEO) of Tecforte.
He added that “it is crucial to minimise sectoral risks of exposure to threats and security incidents.”
As a globally trusted name in the field of cyber security testing and assessment services, LGMS penetration testing and professional services are ISO 9001 certified by TÜV Nord.
“It is vital that businesses embed cyber security elements into their processes and operations. It is even more important that they are certified and comply with regulatory requirements and standards,” said Fong Choong Fook, chief executive officer (CEO) of LGMS.
“This collaboration will provide businesses of all sizes with cyber security solutions that are not only easily and financially accessible, but also certified for peace of mind.”
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