Cisco and ST Electronics Collaborate to Offer Advanced Threat Detection Managed Security Services 19 September 2017

Managed Detection and Response Security Services to provide enhanced security capabilities as Singapore accelerates SmartNation efforts

Singapore, 19 September 2017 – Cisco and Singapore Technologies Electronics Limited (ST Electronics) today announced they are working together to address the growing threat of cyber breaches and crime in Singapore. In collaboration, Cisco and ST Electronics will provide Managed Detection and Response Security Services (MDRSS) to Singapore Government Agencies and enterprises.

The ST Electronics – Cisco MDRSS is an integration of Cisco’s security solutions, namely Active Threat Analytics (ATA) and Managed Detection and Response (MDR), with ST Electronics’ Managed Security Services (MSS). Together, this integrated platform will deliver full-time, proactive, systematic threat monitoring and management for ST Electronics’ customers.

Built for today’s advanced and emerging security technologies and network architectures, customers can subscribe to ST Electronics-Cisco MDRSS, which is managed by cyber security experts from ST Electronics and Cisco, allowing customers to contribute to and support the country’s digital economy initiatives.

Making Cyber Security a Part of the Digital Economy

The rapid and inevitable hyper connectivity required in an evolving digital world, while opening up opportunities, leave many organisations exposed and vulnerable to security gaps where nefarious cyber threat actors can benefit by inflicting damage. In addition, the growth of smart, connected technologies that capture both public and private data can threaten privacy if breached. This interconnectivity of smart devices across Singapore means that the compromise of a single point makes the entire network ecosystem vulnerable to breaches and exfiltration of data.

“Cybersecurity is and will continue to be critical to the success and growth of smart, digital cities,” explained Tay Bee Kheng, Cisco Country Manager, Singapore and Brunei. To truly embrace the Smart Nation vision, Singapore needs to improve real-time threat detection and incident response capabilities in an increasingly complex and sophisticated digital landscape. Today, where machine-based intelligence operation co-exists with human operated systems, it is imperative that the cybersecurity infrastructure is vigilant, proactive and able to learn and manage threats in real time.

“The nation’s cybersecurity development is being hindered by a shortage of cybersecurity professionals. To that end, we have collaborated with ST Electronics to provide the necessary expertise, manpower and capabilities to train and ensure the appropriate level of expertise and domain knowledge to maintain a strong security posture for Singapore’s digital economy,” said Tay Bee Kheng.

ST Electronics-Cisco MDRSS to plug Singapore’s security gaps

ST Electronics-Cisco MDRSS provides comprehensive and continuous threat monitoring and management capabilities supported by a team of security experts using next generation big data analytic technology to precisely identify customer-specific threats. Cisco’s expert investigators monitor customer networks 24×7 from a global network of security operations centres, providing proactive vigilance and in-depth analysis. In the event of a breach, the ST Electronics – Cisco MDRSS platform also ensures proper containment and actionable recommendations for remediation.

“As our nation embarks on a digital economy journey with more Smart Nation initiatives, the cost of each security breach can be debilitating. New digital services need to be secured, and organisations need to provide the highest level of security assurance so that end-users will be confident that their data is well-protected,” said Mr Goh Eng Choon, General Manager, ST Electronics (Info Security). “We are collaborating with Cisco to provide advanced threat analytic managed services to respond to threats intelligently and rapidly at any touchpoint.”

Tay Bee Kheng concluded, “We are confident that the ST Electronics-Cisco MDRSS will not only benefit our customers, but also provide a strategic advantage that protects and also enables innovations and new value. As we continue to work towards the realization of Singapore’s Smart Nation ambition, the biggest opportunity comes when we make cybersecurity an integral part of our digitisation efforts.”

Cisco (NASDAQ: CSCO) is the worldwide technology leader that has been making the Internet work since 1984. Our people, products, and partners help society securely connect and seize tomorrow’s digital opportunity today. Discover more at thenetwork.cisco.com and follow us on Twitter at @Cisco.

ST Electronics (Singapore Technologies Electronics Limited), is the electronics arm of Singapore Technologies Engineering Ltd, one of the largest public-listed companies on the Singapore Exchange. ST Electronics is a global engineering company specialising in the design, development and integration of advanced electronics and communications systems. Our capabilities are in Rail & Intelligent Transportation; Satellite & Broadband Communications; Info Comm Technologies; Command & Control operations, Training & Simulation; Intelligent Building & Security Systems and Cybersecurity. We have a presence in over 20 countries spanning North America, Latin America, Europe, Africa, the Middle East, China, India and Southeast Asia. For more information, please visit www.stee.stengg.com.

Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco’s trademarks can be found at www.cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company.

Availability Disclaimer: Many of the products and features described herein remain in varying stages of development and will be offered on a when-and-if-available basis. This products and features are subject to change at the sole discretion of Cisco, and Cisco will have no liability for delay in the delivery or failure to deliver any of the products or features set forth in this document.

Media Contact:                       

Agnes Chang
AVP, Corporate Communications
ST Electronics
Tel:      (65) 6413 1788
Email: chang.chehhong.agnes@stee.stengg.com

Jayanthi Rajoo
Press Relations
Cisco              
Tel:      (65) 8338 6403
Email: jayrajoo@cisco.com

Source: https://www.stengg.com/en/newsroom/news-releases/cisco-and-st-electronics-collaborate-to-offer-advanced-threat-detection-managed-security-services/