By Leong Wai Kit, Published on Channelnewsasia.com, May 18, 2016.
SINGAPORE: Telco StarHub, together with industry partners, will invest S$200 million over the next five years to support a sustainable cybersecurity ecosystem in Singapore.
This amount will help foster industry partnerships and talent development, with the local telco hoping to train at least 300 experts in this field over the same period of time, the company said during the launch of its Cyber Security Centre of Excellence on Wednesday (May 18).
The Centre's industry partners include Blue Coat, Cyberbit, EY, Fortinet and Wedge Networks, and it is also working with Institutes of Higher Learning such as Nanyang Polytechnic, Republic Polytechnic, Temasek Polytechnic and Singapore University of Technology and Design.
The Centre is also supported by the Singapore Economic Development Board.
"FIRST-OF-ITS-KIND" APPROACH TO ONLINE SECURITY
During the launch of its Centre, StarHub touted a "first-of-its-kind" approach towards fending off online attacks. The Centre taps on the ability of a telco to monitor and deal with threats before they even enter an organisation's security system, it said.
This is because the Centre can see Internet traffic entering the country and spot anomalies proactively. "We are not aware of any telco in the world that provides cybersecurity services before the firewall," StarHub CEO Tan Tong Hai said.
Using water treatment in Singapore as an analogy to describe cyber defence, Mr Tan added: "Today, we have clean, high-quality water because we have an effective utilities company that ensures that the water at the source is filtered and cleansed even before it is delivered to our taps.
"Applying the water treatment analogy to security means we have a central system that monitors, analyses, and cleanses Internet traffic at the source. In this way, enterprises do not need to invest a lot of resources and efforts on buying and implementing their own security appliances."
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