HGC Global Communications Limited (HGC) has signed 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 a portfolio of critical cybersecurity services and solutions. Large to medium enterprises will first benefit, especially those in 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 particular across the Asia community, and within a wide range of industry verticals such as e-health, e-commerce, and e-education initiatives. This MoU framework enables CyberSecurity Malaysia to achieve its purpose to overcome national cybersecurity challenges and deliver greater ICT benefits to internet users.
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. 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.
Under the collaboration, HGC with its international exposure will provide 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 cybersecurity 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.
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 supporting 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. ”