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CSM, Flexxon, and AI MSP sign MoU at Cyber DSA 2024

CyberSecurity Malaysia (CSM), the national cybersecurity specialist agency under the purview of Malaysia’s Ministry of Digital signed a Memorandum of Understanding (MoU) with Flexxon and AI MSP. Flexxon is a global pioneer of AI-powered hardware security solutions, and AI MSP is an IT and cybersecurity company that offers Flexxon’s X-PHY AI Cybersecurity Solutions and professional services in Malaysia. Digital transformation  The MoU aims to establish a comprehensive framework for cooperation in digital transformation and the introduction of pre-emptive hardware-based AI cybersecurity solutions. The collaboration aims to enhance the country’s cybersecurity capabilities and develop new methodologies and tools to safeguard against evolving cyber threats. Signing ceremony  The collaboration aims to enhance the country’s cybersecurity capabilities and develop new methodologies The signing ceremony took place at Cyber DSA 2024 in Kuala Lumpur and was signed by Mr. Roshdi Ahmad, Chief Operating Officer, of CyberSecurity Malaysia, Ms. Camellia Chan, Co-Founder and CEO of Flexxon, and Mr. Kevin Lim, Technical Director of AI MSP.  With witnesses YBrs. Tuan Fabian Bigar, Secretary General, Ministry of Digital, and Ms. May Chng, Co-Founder and COO of Flexxon. New cybersecurity standards Ms. Camellia Chan, CEO of Flexxon, commented, “We are honoured to collaborate with CyberSecurity Malaysia, together with our partner AI MSP. Working with forward-looking and like-minded organisations that embrace innovation is essential to outpacing cybercriminals that have continued to exploit traditional security methods." "This partnership underscores our commitment to providing cutting-edge hardware-based security solutions that protect critical infrastructure and the vast network of data. Together, we aim to set new standards in cybersecurity.” AI-powered hardware solutions Echoing Ms. Chan’s sentiments, Mr. Kevin Lim, Technical Director of AI MSP, said, “AI MSP is committed to enhancing security standards by implementing proactive measures that address emerging cyber threats." "Our collaboration with Flexxon and CSM builds a bridge for the integration of advanced AI-powered hardware solutions, furthering our goal of delivering holistic and effective security solutions across Malaysia.” Bolstering security architecture  The partnership seeks to enable the rapid adoption of Flexxon’s cutting-edge cybersecurity technologies The synergistic partnership seeks to enable the rapid adoption of Flexxon’s cutting-edge cybersecurity technologies within the Malaysian Government and foster capacity building in information technology and information security across the country. Key activities include organising and participating in cybersecurity outreach events, training programmes, and service initiatives to promote awareness and best practices in cybersecurity. Cyberthreat detection and response Singapore-headquartered Flexxon has led the charge in developing AI-embedded hardware security solutions since it unveiled the X-PHY Solid State Drive (SSD) in 2021 – the world’s first AI-powered cybersecurity SSD. Its solutions leverage the memory medium to proactively and autonomously detect and respond to cyber threats including Zero Day threats, ransomware, and physical intrusions. It has since expanded its growing suite of patented solutions to include the X-PHY cybersecurity laptops, X-PHY Server Defender, and X-PHY Vault. Malaysia ramps up cybersecurity governance The Bill includes provisions such as the establishment of the National Cyber Security Committee Malaysia has increasingly prioritised cybersecurity to protect its digital infrastructure and data, with its latest Cyber Security Bill passed in parliament on 25 March 2024. The Bill includes provisions such as the establishment of the National Cyber Security Committee, licencing of cyber security service providers, and enforcement provisions. Secure and resilient digital future CSM’s timely collaboration with Flexxon and AI MSP aligns with the nation’s strategic goals, addressing the pressing need for advanced security measures in the face of increasing cyber threats. By integrating Flexxon’s AI-powered X-PHY hardware solutions, Malaysia aims to enhance its defencive capabilities, ensuring a secure and resilient digital future for its citizens and industries. Products and services can be explored at Flexxon and AI MSP’s booth at Cyber DSA. Situated in Hall 6 number 6009, Kuala Lumpur Convention Centre, from 6 – 8 August 2024.

Flexxon first international company to join MISI and Maryland's Global Gateway Soft Landing Program

MISI, a cybersecurity nonprofit driving small business and academic engagement, STEM and workforce development opportunities, and proof of concept innovation, is pleased to be an official partner of Maryland’s Global Gateway Soft Landing Program.  Managed by the Maryland Department of Commerce, the programme provides international companies with an opportunity to test out their viability in the U.S. market. Facility access As a Soft Landing partner, MISI will be issued grants to provide approved companies with access to facilities, resources, advisors, and more. The participating companies will be able to place personnel in Maryland for a period of six months, and MISI will arrange events, and mentorship, and guide them through doing business in Maryland and across the U.S. High-tech job opportunities These businesses will be considered for an advantage to permanently open an office within the state of Maryland MISI will host its first Soft Landing participants in Azimuth 24, a distinct space within MISI’s Cyber Mission Accelerator facilities, starting on Sept. 1, 2023. At the end of the initial six-month period, these businesses will be considered for an advantage to permanently open an office within the state of Maryland, and along with that, bring high-tech job opportunities to the region. Flexxon The first international company participating through MISI is Flexxon. Founded in 2007 and headquartered in Singapore, Flexxon is a next-generation storage device manufacturer, specialising in hardware-based cybersecurity solutions and industrial NAND flash storage devices. Camellia Chan, Co-Founder and CEO of Flexxon shared, “Flexxon is honoured to be the first international company to participate in MISI’s engagement with the Maryland Global Gateway Soft Landing Program."  Advancement of cybersecurity Camellia Chan adds, "This is a significant stride towards Flexxon’s strategic expansion within the U.S. market. By actively elevating cybersecurity standards and fostering innovation across borders, we are resolutely addressing the escalating threat of cybercrime." Camellia Chan continues, "We welcome MISI’s support and are enthusiastic about the prospect of contributing to the advancement of cybersecurity solutions on a global scale." Addressing cybercrime threats “MISI is honoured to play a role in supporting global companies that are interested in bringing innovative, cutting-edge technology to the U.S.,” said TC Hoot, MISI Senior Program Manager. TC Hoot adds, “Our mission is to work with non-traditional companies that have the potential to address the U.S. Department of Defence and other government cybersecurity needs. We look forward to seeing how companies like Flexxon with a focus on addressing cybercrime threats take advantage of this programme and to walking with them along their journey.”

Flexxon's CEO Camellia Chan comments on the Energy One cyberattack

Camellia Chan, CEO and co-founder of Flexxon: “The Energy One cyber-attack demonstrates the increasing risk threat actors pose to critical national infrastructure (CNI). CNI, such as oil and gas, is a prime target for cybercriminals – systems are underpinned by a myriad of complex devices, meaning the consequences if these are infiltrated can be devastating and put real people at risk. For example, SSE supplies gas and electricity to seven million homes and is an Energy One customer." "The good news is, it appears to company acted swiftly to minimise impact and investigations are ongoing, but it could have been much worse. To meet the fast-evolving threat landscape, businesses need to be proactive in assessing security gaps and address those with innovative and proven tools. Using low-level AI at the hardware level in devices, for example, is a game-changer. Unlike traditional cybersecurity measures, this robust last line of defence protects against sophisticated attacks while removing the need for human intervention. Ultimately, for all organisations, but CNI in particular, cyber security must be an integral part of IT systems. One Energy shows us you can’t afford to have weak spots.”

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