SecurityGen, the provider of security solutions and services for the telecom industry, is set to focus on South-East Asia as the business outlines its growth strategy for 2023.
The focus on the region is being driven by the regional switch-on of 5G networks and the associated launch of new services for subscribers and business customers.
The region is of vital importance to SecurityGen, accounting as it does for 40 percent of its 2022 revenues. Two large operators in Malaysia, Thailand and Indonesia already use SecurityGen for their mobile network security. The security solutions provider also works with leading operators in a number of other nations in the region.
5G is on the move in Malaysia and South-East Asia. According to network equipment firm Ericsson in its November 2022 Mobility Report, 5G will become the leading mobile technology in the region, with a near 50 percent penetration rate by 2028. 5G subscribers here are forecast to rise from an estimated 30m in 2022 up to 620m by the end of 2028.
Recent high-profile cyber-attacks on mobile operators around the world have highlighted their vulnerability. Operators generate large revenues, serve millions of customers, and store and carry enormous volumes of data. It’s these factors that make them high-value targets for hackers and cyber criminals.
Rome-based SecurityGen was founded in early 2022 and is transforming 5G cyber-security for mobile operators in South-east Asia and elsewhere around the world. With a research-backed cybersecurity approach and focus on empowering network owners and enterprises with comprehensive, future-ready security solutions that ensure resilient telecom transformations SecurityGen introduced the ACE (Artificial Cybersecurity Expert) breach and attack simulation platformlast year. ACE the first completely automated breach and attack simulation platform is purpose-built for securing mobile networks.
Followed by the launch of the 5G Cyber-Security Lab, a virtual environment where operators can test new solutions and methods for protecting their 5G networks against threats and vulnerabilities.
Amit Nath, co-founder and CEO of SecurityGen
South-East Asia is a hub for innovation in new 5G applications and services – from Fixed Wireless Access to Connected Homes, Smart Cities and IoT-enabled automation and manufacturing. But to truly take advantage of the new opportunities and possibilities presented by 5G, operators must be confident that their networks are safe, secure and resilient: and that their customers are fully protected.
Dmitry Kurbatov, co-founder and CTO, SecurityGen
Earlier this month, we shared our top cyber-security challenges for mobile operators for the coming year, including 5G’s vulnerability to attack. Other leading threats include cyberattacks from hostile states and organized crime groups: and also advanced ransomware attacks. This vital information will be of huge value to those MNOs about to embark on or are already on their 5G migration.
