SYSTECH Bhd owned cyber solutions provider SysArmy Sdn Bhd will be pushing aggressively into the local enterprise market via its slew of cyber security solutions that emphasise on "pre-event" measures.
The company believes Malaysian enterprises, especially financial institutions, have thus far prioritised the less critical aspects of information technology (IT) security.
"The current IT security spending scenario in Malaysia, which also reflects most of the regional market, is that the lion's share of spending on IT security are on post event review logs of data trails to meet Bank Negara Malaysia's compliance and reporting," noted SysArmy CEO Hon Fun Ping.
"By the time the IT log audit results are out and are presented to the board of directors for review, the damage is already done," Hon said.
While post-event monitoring and reporting remains relevant, he noted the wiser and longer-term approach is invest in pre-event or preventive IT security measures that are addressed by actionable network penetration tests and consultation.
"Research shows that every dollar spent in pre-event or preventive IT security measures translates to up to five times in spending for remedial efforts, or in damages," he said.
Security operation centres (SOC) are being established by technology companies to accept outsourced IT security projects, or set up by enterprises to manage the business' IT security aspects.
Hon said SysArmy's SOC integrates the technologies of up to 11 leading principal IT security technological brands and accumulates findings from various research and development reports generated from security hubs across the world into its SOC's cyber security tools.
"SysArmy is a managed cybersecurity service provider and we are brand agnostic in our approach. We are in a very good position to give unbiased expert view of what solutions would be most suited to cater to the budgets and requirements of our clients," Hon said.
SysArmy stated it targets to contribute at least 30% of Systech's top line revenue by financial year ending March 31, 2016.