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Telco giants form world’s first Global Telco Security Alliance to secure billions worldwide

Telco giants form world’s first Global Telco Security Alliance to secure billions worldwide

On 12 April, it was announced
that four telco companies have signed an agreement to create the world’s first Global
Telco Security Alliance offering enterprises access to a comprehensive
portfolio of cyber security services.

The objective of the Alliance is to provide a robust cyber
security platform to protect customers around the globe and allow them to
thrive in the digital economy.

The four telco companies that joined hands to deliver security
services for digital risk management are Etisalat, Singtel, Softbank and
Telefónica. Combined capabilities within Alliance will create one of the
world’s leading managed security services platforms, serving a combined
customer base of more than 1.2 billion customers in over 60 countries across
Asia Pacific, Europe, the Middle East and the Americas.

With the emergence of digital technologies and their
widespread adoption, the security landscape is seeing new threats as well as
the importance of digital risk management.

Mr Arthur Wong, Chief Executive Officer of Global Cyber
Security at Singtel, said that there is increasing need for “swift and coordinated
global responses to defend enterprises that operate across transnational
borders as cyber threats are increasing in frequency, scale and sophistication”.
As such, the establishment of the Alliance is a timely response from some of the
world's largest network of operators to strengthen defence against these
attacks.

Between the four founding members of the Alliance, they
operate 22 world-class Security Operation Centres (SOCs) and employ more than
6,000 cyber security experts. Through their extensive resources and
capabilities, which will expand as the alliance brings in more members, the
group can better protect enterprises against rising cyber security risks as the
information security environment becomes increasingly complex.

Under the agreement, the group will share network
intelligence on cyber threats and leverage their joint global reach, assets and
cyber security capabilities to serve customers worldwide.

Leveraging each member’s respective geographic footprint and
expertise, the alliance is able to support each other’s customers anywhere and
anytime, allowing them to respond rapidly to any cyber security threats.

Alliance members will also be able to pass the benefits of
operational synergies and economies of scale to their customers in terms of
lower costs.

To enhance their cyber security portfolio, the
members will also be developing a joint technology roadmap to create advanced
cyber security applications for the Internet of Things (IoT) as well as
solutions that use predictive analytics and machine learning. The alliance will
also consider joint investments in SOCs, cyber security platforms and
innovative start-ups.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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