The Asia Cybersecurity Exchange is designed to nurture the development of new cybersecurity professionals, as well as encourage and support cybersecurity entrepreneurship. Find out how the Asia Cybersecurity Exchange is going to transform Malaysia into one of the world’s major cybersecurity hubs!
The Asia Cybersecurity Exchange Initiative
Asia Cybersecurity Exchange is the brainchild of LE Global Services Sdn Bhd (LGMS), formed in partnership with the ACE Group. Its mission is to identify and nurture cybersecurity talents and entrepreneurs in Malaysia. Their ultimate aim – elevate Malaysia as a cybersecurity hub in Asia.
US$ 50 Million Startup Fund
To help nurture cybersecurity entrepreneurs, the ACE Group has also set aside a fund of US$ 50 million / RM 200 million to invest in cybersecurity startups with high growth potential. The Asia Cybersecurity Exchange will help select qualified candidates and mentor their efforts.
MDEC Cybersecurity Development Program
The Malaysia Digital Economy Corporation (MDEC) is also supporting the Asia Cybersecurity Exchange initiative with a 12-month MDEC Cybersecurity Development Program.
This will consist of a series of cybersecurity conferences, hackathons, CISO roundtables, as well as industry collaboration workshops.
Cybersecurity Training & Internships
LGMS, with the help of MDEC and the eight premier tech universities in Malaysia, aim to train as many as 240 cybersecurity specialists in the next 12 months, with the aim of expanding the program in the subsequent years.
The top students selected by their universities will be interviewed and selected by LGMS for training by top cybersecurity experts, with industry mentors to help them nurture those who want to startup their own cybersecurity endeavours.