Singtel cashes in on Asia’s mounting cybersecurity woes

Selling security solutions to businesses will be lucrative.

Singtel’s acquisition of cybersecurity firm Trustwave will allow it to exploit the growing need for advanced risk mitigation tools among Asian Enterprises, according to a report by BMI Research.

Singtel will begin its cybersecurity push in the Philippines, which is consistently targeted by industry-specific malware.

“As they make the transition to digital platforms, Asian economies will be subjected to increased cyber security risks. Through its acquisition of Trustwave and ownership of some of Asia’s largest telecoms operators, SingTel is well-placed to exploit the growing need for advanced risk mitigation tools,” BMI Research said For the full article click here 

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