Finland’s WithSecure Corporation just signed a partnership agreement with LGMS Berhad to develop cybersecurity solutions for the SME market in Malaysia!
WithSecure Signs Partnership Agreement With LGMS
On Wednesday, 1 November 2023, Finland’s WithSecure Corporation (formerly known as F-Secure Business) signed a partnership agreement with LGMS Berhad (LGMS) to develop cybersecurity solutions for the SME market in Malaysia!
The partnership agreement was signed by LGMS Executive Chairman Fong Choong Fook and WithSecure Corporation CEO Juhani Hintikka, who flew in from Finland to emphasise its importance while demonstrating support for the progress of Malaysia’s Digital Economy.
The signing was witnessed by Malaysia Deputy Communications and Digital Minister Teo Nie Ching, together with His Excellency Sami Leino, Ambassador of Finland to Malaysia and Brunei.
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The Deputy Minister said that the partnership was ‘timely’, and represents a ‘significant leap’ towards a secured Digital Economy, and more so ahead of the National Cybersecurity Bill the Unity Government is set to unveil in early-2024.
This partnership is also aligned with the government’s ‘Ekonomi Madani’ vision of attracting significant foreign direct investments and generating avenues for technological advancements and innovations.
It serves to demonstrate how collaborative efforts can facilitate a robust, secure and prosperous digital ecosystem, thereby solidifying Malaysia’s position as a preferred destination for global tech investments.
The partnership agreement today between LGMS and WithSecure embodies a philosophy of attracting significant foreign direct investments and generating avenues for technological advancements and innovations.
It serves to demonstrate how collaborative efforts can facilitate a robust, secure and prosperous digital ecosystem, thereby solidifying Malaysia’s position as a preferred destination for global tech investments.
– Malaysia Deputy Communications and Digital Minister Teo Nie Ching
WithSecure CEO Juhani Hintikka expressed his ‘deepest appreciation’ to the Deputy Minister for endorsing this partnership, stating, “Your presence significantly amplifies the resonance of this initiative, showcasing a unified front in our endeavour to foster a secure and prosperous Digital Economy for Malaysia and also the region.”
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WithSecure – LGMS Partnership Agreement Details
WithSecure is today a leading international cybersecurity group which had also invested significantly in Malaysia and in nurturing local talent. Besides its headquarters in Helsinki, Finland, WithSecure houses its intelligence, customer support, business operations and shared services in Kuala Lumpur for its Asia-Pacific operations.
LGMS Berhad, meanwhile, has been recognised as Cybersecurity Malaysia’s ‘Company of the Year’ with Fong himself being acknowledged as ‘Cybersecurity Professional of the Year’.
Fong said that, within today’s Digital Economy, cyberthreats and ransomware attacks have become more sophisticated and rampant and potential damages to SMEs, who often lack the necessary IT expertise and resources, can be catastrophic.
Most SMEs today are just one cyber attack away from a devastating setback or even closure. Recognising that most SMEs might not possess advanced IT know-how, our collaboration with WithSecure aims to deliver cybersecurity solutions that are not only robust but also intuitive and user-friendly.
The purpose is to empower our SME community to navigate the digital landscape confidently and securely.
– LGMS Executive Chairman Fong Choong Fook
This localised cybersecurity approach underscores WithSecure’s understanding of the region’s unique digital ecosystem and our commitment to crafting solutions that align with local business needs. It embodies WithSecure’s ethos of merging global cybersecurity expertise with local insights to foster a safer digital realm.
– WithSecure Corporation CEO Juhani Hintikka
One product of this partnership is the ‘Made in Malaysia’ StarSentry solution – a plug-and-play model that is more than just a ‘shield’ for SMEs but offers a proactive approach to threat prevention.
This solution is also aligned with broader sustainability goal and embraces the ESG framework of safeguarding critical infrastructures, nurturing a secure digital community and reinforcing stringent governance standards, demonstrating an unwavering commitment to responsible, transparent business operations.
Pre-orders for the solution can already be made.
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Dr. Adrian Wong has been writing about tech and science since 1997, even publishing a book with Prentice Hall called Breaking Through The BIOS Barrier (ISBN 978-0131455368) while in medical school.
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