EY launches Cyber Security Center of Excellence for government and public sector

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New center to help critical infrastructure sector players boost cyber security capabilities against cyber attacks and malicious service takedowns

SINGAPORE, 3 FEBRUARY 2016 – Professional services organization EY today launched a new Center of Excellence – the EY Asean Cyber Security Center for Government and Public Sector. The center’s mandate is to assist national agencies and operators of critical infrastructure (CI) with their resilience against cyber attacks and malicious service takedowns.

Led by Gerry Chng, EY’s Asean Cyber Security Leader and Steve Lam, EY’s Advanced Security Center Leader in Asean, the new center offers services in CI protection strategy development, operational technology consulting, third-generation security operations center development and cyber analytics. The new center is expected to grow to a headcount of 30 CI professionals within the next two years.

The new EY Asean Cyber Security Center of Excellence for Government and Public Sector was launched at the EY-SUTD Operational Technology Cyber Security Conference today, which was attended by close to 150 participants.

Mrs. Mildred Tan, EY’s Asean Government and Public Sector Leader says: “Cyber criminals today are more sophisticated than before. More than just stealing personal information of individuals or targeting financial organizations, we are seeing cyber criminals trying to gain access to government and public sector systems, which pose a significant threat to national security. We all have a shared responsibility to strengthen and maintain secure, functioning, and resilient critical infrastructure. This will require proactive vigilance and coordinated efforts from both the public and private sectors. Individuals must also embrace cyber hygiene and be more conscious of securing personal information – because Singapore’s cybersecurity will only be as strong as the weakest link in our entire economic infrastructure and ecosystem.”

Cyber security vital to national infrastructure

CI is a key component of national security, stability and economic growth. It also determines the functioning of societies and individuals. In recent years, it has become even more vital to ensure its safety.

Cyber threats are becoming a growing concern for CI operators due to the reliance on technology solutions, and the potential impact and disruptions they can bring to an entire nation. According to EY’s Global Information Security Survey 2015, a survey released in November 2015 that investigates the most important cyber security issues that businesses face currently, 36% of global respondents said that it is unlikely they would be able to detect a sophisticated attack.

Paul O’Rourke, EY’s Asia-Pacific Cyber Security Leader says: “With the increased cyber risks and real exposures in the CI environment, it is essential that governments and enterprises identify and address these risks. EY’s investment in establishing the new Center of Excellence in Singapore provides the country access to world class talent, and is a testament to Singapore’s leading position in managing cyber risks.”

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Notes to Editors

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This news release has been issued by Ernst & Young Advisory Pte. Ltd., a member of the global EY organization.