SecurityGen, the award-winning provider of security solutions and services for the telecom industry, is set to focus on South-East Asia as the business outlines its growth strategy for 2023. This focus is being driven by the switch-on of 5G networks across the region and the associated launch of new services for subscribers and business customers.
South-East Asia is of huge importance to SecurityGen, accounting as it does for 40 percent of its 2022 revenues. Two large operators in Malaysia, Thailand and Indonesia already use SecurityGen for their mobile network security. The security solutions provider also works with leading operators in a number of other nations in the region.
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5G is on the move in Malaysia and South-East Asia. According to network equipment firm Ericsson in its November 2022 Mobility Report, 5G will become the leading mobile technology in the region, with a near 50 percent penetration rate by 2028. 5G subscribers here are forecast to rise from an estimated 30m in 2022 up to 620m by the end of 2028.
Amit Nath, co-founder and CEO of SecurityGen, commented, “South-East Asia is a hub for innovation in new 5G applications and services – from Fixed Wireless Access to Connected Homes, Smart Cities and IoT-enabled automation and manufacturing. But to truly take advantage of the new opportunities and possibilities presented by 5G, operators must be confident that their networks are safe, secure and resilient: and that their customers are fully protected.”
Recent high-profile cyber-attacks on mobile operators around the world have highlighted their vulnerability. Operators generate large revenues, serve millions of customers, and store and carry enormous volumes of data. It’s these factors that make them high-value targets for hackers and cyber criminals.
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Amit continued, “Network security is both an operational and commercial imperative for operators everywhere. Because 5G networks provide an expanded range of services and connect an expanded number of devices, they offer an expanded attack surface for hackers to exploit.”
He added, “We are supplementing our commitment to South-East Asia with the relocation of our experts to the region and also developing local talent to create a dedicated research team there. This team will draw upon SecurityGen’s in-depth expertise in the telecom domain, and alongside our innovative solutions and services specially designed to help ensure secure 5G transitions for MNOs, we are ideally positioned to partner with local operators in their 5G transformation journeys.”
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