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Tag: cyber security

  • NEC Boosts Japan’s Cyber Defense with Cutting-Edge Innovations at Locked Shields 2025

    NEC Boosts Japan’s Cyber Defense with Cutting-Edge Innovations at Locked Shields 2025

    NEC Corporation has made a significant leap in enhancing its cybersecurity expertise by taking part in Locked Shields 2025, a premier international cyber defense exercise organized by the NATO Cooperative Cyber Defense Center of Excellence (CCDCOE).

    A Global Cyber Defense Showcase

    From May 6 to 9, this annual exercise brought together approximately 40 countries, including NATO allies, to gauge their readiness against intricate, real-time cyberattacks. Seventeen multinational teams participated, with Japan and Australia joining forces in a joint delegation. Notably, the Japanese team was a melting pot of talent, including representatives from the Ministry of Defense, various government agencies, private companies, and other significant organizations.

    An Interactive Defensive Landscape

    In its pivotal role, NEC spearheaded the design and construction of the exercise environment for the Japanese team, equipping them with essential network and analytical infrastructure. The scenarios simulated tested technical resilience and strategic decision-making, tackling legal, technical, and operational responses to a myriad of sophisticated cyber incidents. Think of it as a chess game where every move could deter a cyber adversary.

    Investing in Future Security

    NEC is not just playing catch-up; it is actively fueling its growth by merging advanced cybersecurity technologies with hands-on training experience that bolsters Japan’s economic security and safeguards crucial infrastructure. As a testament to this commitment, the company plans to launch a Cyber Intelligence & Operation Center in Japan in October 2025. This center will offer vital services to the Japanese government, critical infrastructure providers, and Japanese companies navigating the international landscape.

    Paving the Way for Digital Security

    Looking ahead, NEC is poised to play a crucial role in fostering a secure digital society. By bolstering cyber defense capabilities and supporting economic security through sophisticated cybersecurity services, the company is not merely reacting to threats but actively shaping a safer future for the digital economy.

    Questions & Answers

    What was the purpose of NEC’s participation in Locked Shields 2025?
    NEC’s involvement aimed to enhance its cybersecurity capabilities and support Japan’s economic security by engaging in one of the world’s largest international cyber defense exercises.

    Who were part of the Japanese delegation at the exercise?
    The Japanese contingent included representatives from the Ministry of Defense, various government agencies, private enterprises, and other organizations, showcasing a collaborative effort in cybersecurity.

    What future plans does NEC have to strengthen cyber security?
    NEC plans to establish a Cyber Intelligence & Operation Center in Japan by October 2025, aiming to provide essential cybersecurity services to the government and critical infrastructure stakeholders.

  • CSA, partners launch call for innovation on security threats

    CSA, partners launch call for innovation on security threats

    The  Cyber Security Agency of Singapore (CSA) and partner TNB Ventures have launched a Cybersecurity Industry Call for Innovation inviting industry providers to develop solutions for specific cybersecurity challenges. The initiative is being conducted in collaboration with five participating organizations – Ascendas-Singbridge Group, PacificLight Power, Singapore LNG Corporation (SLNG), SMRT Corporation (SMRT) and Singapore Press Holdings (SPH). The Call for Innovation consolidates and articulates the cybersecurity needs of these organizations into challenge statements that industry solution providers are invited to address through innovative solutions.

    There are two categories of challenge statements. The first category is “Advanced Protection and Detection” to help end-users avoid, defend against, and detect cyber attacks. This includes intelligent solutions that are able to detect intrusions into Operational Technology (OT) systems.

    The second category is “Advanced Security Operations” to help end-users reduce their vulnerabilities through better management of their systems. This includes solutions to increase the efficiency of patch management processes and management of Internet-of-Things (IoT) and Cloud systems.

    The submission period for the Call closes on 18 December 2018. Solution providers whose proposals are shortlisted will be invited to discuss their proposals in greater depth with the participating organizations for potential co-innovation, adoption and test-bedding.

    Selected solutions that fulfill the eligibility criteria may also be awarded with POC funding of up to S$500,000 ($363,000) under CSA’s Co-innovation and Development Proof-of-Concept Scheme.

    Teo Chin Hock, Deputy Chief Executive (Development), CSA said: “The cyber threat landscape is evolving rapidly. To build our cyber defenses and at the same time grow the industry, innovation is important. We are glad to have our partners on-board our first Cybersecurity Industry Call for Innovation. We hope to help them strengthen their cyber resilience, and at the same time, provide opportunities for solution providers to catalyze cutting-edge solutions here for commercial adoption.”

  • Maritime industry experts to discuss cyber security

    Maritime industry experts to discuss cyber security

    IT protection and cyber security will take center stage at the biennial Seatrade Offshore Marine and Workboats Middle East (SOMWME) exhibition and conference, taking place at the Abu Dhabi National Exhibition Centre (ADNEC) from 25 – 27 September 2017.

    The focus on IT systems at sea follows the recent global WannaCry attack, which shut down computers used by Spanish ISP Telefonica, FedEX and the UK’s National Health Service, among others, affecting some 200,000 computers in 150 countries. This was followed later in May with the British Airways outage, which saw hundreds of flights cancelled over a holiday weekend and £500 million wiped of parent company IAG’s value.

    Peter Broadhurst, Senior Vice President Safety & Security Services, Inmarsat, the mobile satellite company, will deliver the keynote presentation in the Knowledge Theatre, “Cyber Security: Protecting the Industry”, assessing the new risk factors of an increasingly connected shipping industry and how industry players can protect themselves against cyber security threats.

    “Hacking, ransomware and system outages have long been a concern for the shipping industry, particularly with the advent of the Internet of Things (IoT) and the connected ship. These risks are heightened due to the significant growth in networks of physical objects accessed through the internet,” said Broadhurst.

    According to a 2016 global analysis report by the Ponemon Institute, which surveyed data collected from 383 companies in 12 countries, the average total cost of a data breach stands at US$4 million, a figure that has increased 29% since 2013. The average cost per lost or stolen record is $158, with a 15% average price increase since 2013. In total, the number of security incidents reported in 2015 stood 63% higher than in 2014.

    Emma Howell, Group Marketing Manager, Seatrade portfolio commented, “Over recent weeks and months, we have seen huge organisations crippled by ransomware attacks and IT meltdowns – compromising systems and costing some businesses many millions of dollars. The need for the shipping industry to tackle this growing menace head-on is greater than ever before and we look forward to welcoming decision makers and industry leaders to debate these important issues.”

    However, compounding the issue, insurance providers are yet to close all of the gaps in their policies, leaving shipping companies at even greater risk and facing huge financial losses.

    “Most insurance policies have Cyberattack exclusion clauses, for property damage and business interruption and this exposes shipping companies and ship owners to huge risks. We have seen some response from the insurance industry but until comprehensive products are rolled out the responsibility of backing up systems, protecting data and ensuring a network is robust and secure, very much remains with the shipping company and ship owner,” added Howell.

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  • Singtel launches a new cyber security institute

    Singtel launches a new cyber security institute

    Singtel has launched a first-of-its kind cyber security institute in APAC aimed at helping business and governments in the region enhance their cyber security skills and preparedness.

    The Singtel Cyber Security Institute (CSI) is designed as a hybrid between an advanced cyber range and an educational institute. It aims to test and train companies in dealing with sophisticated cyber threats.

    “Based on our engagements with companies in Singapore, more than 85% do not have robust cyber response plans nor the opportunity to conduct realistic drills to test and sharpen such plans,” Singtel CEO group enterprise Bill Chang said.

    “This lack of cyber preparedness is worsened by the severe global shortfall of trained cyber security experts, which Forbes puts at some 1 million in 2016. This is why we’ve stepped up to the plate. We know we have to help companies secure themselves against a potential slew of increasingly sophisticated cyber attacks.”

    Housed in a permanent space of over 10,000 sq ft, the institute provides cyber skills development and education programmes tailored to the varying needs of company boards, C-suite management, technology and operational staff. Boards and C-suite level participants will be trained in the areas of cyber threat awareness, risk management, business continuity planning and crisis communications preparation. The cyber operations team will be trained in defence and response capabilities to sharpen their skills.

    “Cyber security is no longer just a technical issue to be tackled only at the operational level. It needs to involve all levels within an organisation including boards and C-suite management, and even external stakeholders such as regulators. We hope to arm enterprises and public agencies with the necessary know-how to counter cyber threats in a holistic manner. This will help them mitigate the risks and costs associated with cyber disruptions,” Chang said.

    In conjunction with the launch of the CSI, Singtel announced that it is the first company in Singapore to work with the Infocomm Development Authority of Singapore on the Cyber Security Associates and Technologists (CSAT) program to train infocomm professionals in cyber security.

    Under this program, Singtel will train fresh infocomm technology professionals and equip them with basic cyber security skills. At the same time, Singtel will also provide experienced cyber security professionals with the opportunity to enhance their skills by training with leading cyber security experts. Through this two-prong approach, Singtel aims to build a cyber security talent pipeline to drive its cyber security initiatives.

    David Koh, Chief Executive of the Cyber Security Agency said, “A strong pool of cyber security talent is necessary to build a dynamic cyber security ecosystem that can support Singapore’s Smart Nation journey. With the introduction of the Cyber Security Associates and Technologists (CSAT) program and the setup of the Institute, we hope to encourage more to join the profession as well as enable cyber security professionals to hone their skills and stay a step ahead in the ever-evolving cyber security landscape.”

    The CSI can emulate the environments and operations of enterprises using state-of-the-art technologies. Like other cyber ranges the facility can simulate cyber attacks in order to test a company’s inherent vulnerabilities, defence and response capabilities.

    Unlike other ranges however, the new facility is designed to easily replicate any company’s operating environment and use the latest range of cyber threats, including an extensive library of viruses and malware, to simulate attacks.

  • Singtel, Inmarsat join forces on maritime cyber security

    Singtel, Inmarsat join forces on maritime cyber security

    SingTel has forged a strategic alliance with Inmarsat to jointly offer cyber security tools for the global maritime industry.

    Under the partnership, Trustwave, the cyber security arm of Singtel, will provide its Unified Threat Management (UTM) managed solution, to be integrated with Inmarsat hardware onboard ships, to protect data reduce cyber risk for maritime companies.

    Singtel said the UTM service offers a suite of cyber security defenses, such as advance firewall, anti-virus, intrusion prevention and web-filtering.

    Singtel and Inmarsat plan to launch the new maritime cyber security service in the second half of 2016, the companies said a joint statement.

    The new service will be delivered through FleetXpress, the highly anticipated high-speed broadband communication service Inmarsat launched in March for maritime and offshore operators.

    Andrew Lim, managing director of business group at SingTel’s Enterprise Group, said the partnership with Inmarsat is important for the company as it marks the first phase in rolling out Singtel cyber security services for Inmarsat.

    “As maritime systems become more digital, it is imperative for the industry to protect data onboard ships against all forms of cyber attacks. Our partnership with Inmarsat will provide maritime companies with a cyber security solution to meet rapidly evolving cyber threats, globally,” the executive said.

    Gary Gagnon, Inmarsat’s senior vice president of global cyber security, said the partnership with Singtel supports the company’s commitment to the market and elevates the benchmark for maritime cyber security.

    “The landscape of shipping is changing. As we move from traditional shipping into the ship intelligence era, the threat of cyber attacks have never been more real,” commented Ronald Spithout, president of Inmarsat Maritime.

    “Risks from malicious attacks and unlawful access to a ship’s intelligence, its system infrastructure and networks cannot be ignored, and the shipping industry needs to take action.”

    The Singtel-Inmarsat collaboration comes a day after Inmarsat announced it will use its new Global Xpress satellite fleet to provide in-flight connectivity services for the airline industry.

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