New Services to Strengthen China's IT Security
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CPCNet and Cybertrust to Offer Greater China Information Security Services
HONG KONG, May 17 // -- CPCNet, a wholly owned subsidiary of CITIC Pacific , and Cybertrust, the global information security specialist, have unveiled plans to offer an Integrated Suite of Information Security Services to companies operating in Greater China. Grouped under the name TrustCSI the new services will be driven out of a world-class Security Operations Centre (SOC) in Hong Kong that will open at the end of June.
TrustCSI will enable companies to address the security challenges they face in Greater China, and particularly within the People's Republic of China (PRC), where the current IT security levels often most need to be improved. Through a broad range of TrustCSI solutions flexible enough to meet the varying needs of different types of organizations, customers will benefit from 24 by 7 device monitoring and threat tracking, security analysis, reporting and compliance.
According to a survey(1) carried out by Information Week Research and Accenture, Chinese companies suffer more viruses, worms, denial-of-service attacks, and identity thefts than their U.S. counterparts. These companies also face this onslaught of attacks on limited budgets with fewer protections in place.
"Many companies in China are suffering from growing pains and are therefore often under-prepared and overstretched when it comes to protecting their IT assets," said Stephen Ho, Chief Executive Officer of CPCNet. "TrustCSI, which we are launching in conjunction with Cybertrust, offers a fast and cost-effective way to harden the soft IT underbelly of companies in China."
The TrustCSI SOC is being built in collaboration with Cybertrust on top of CPCNet's carrier-grade Network Operations Centre (NOC) and fully leverages Cybertrust's global security expertise and intelligence. Cybertrust is training staff and creating the necessary policies, procedures and processes to ensure service delivery to high quality and world-class standards. CPCNet will manage the new SOC and provide first-line TrustCSI customer support, with Cybertrust providing back-end support. TrustCSI is vendor and technology neutral, meaning the services can be adapted to support any type of IT infrastructure.
"Security is essential to any business operation - however, there is no one-size-fits-all solution," said John Becker, Chief Executive Officer of Cybertrust. "Through CPCNet we are able to partner with customers in China to provide customized and optimized security services that meet their individual needs to secure critical data, protect identities and achieve ongoing compliance in a way that is best for their businesses."
The results of a recent IDC survey(2) conducted in PRC showed that attitudes to security in large enterprises is maturing and they are taking practical approaches when making IT security investments. 46.7% of the respondents have implemented some form of IT security at the operational level and 15% of the respondents view IT security as a strategic business issue. The ratio of investments in IT security services to products in China is around 1:9 compared to the worldwide norm, which is typically close to 1:1.
"This indicates enterprises in China are investing in the necessary security infrastructure but have not, as yet, embraced the practice of augmenting of IT security services into an enterprise core security strategy," said Jeffery Dong, Market Analyst, Cross Product Team, IDC China. "IT security outsourcing is, however, a worldwide trend and this translates to potential large opportunities for services catering to the PRC market."
The TrustCSI portfolio is made up of sets of service elements: Compliance Management Services (Trust-C); Managed Security Services (Trust-S); and Forensic Investigation Services (Trust-I). Together these enable customers to gain visibility and control of their information security risks.
Trust-C services enables organizations to address, measure and demonstrate compliance with most government regulations, industry standards and directives including Basel II, BS7799/ISO27001, European Union Data Protection Directive (EUDPD), Sarbanes-Oxley, Health Insurance Portability and Accountability Act (HIPAA), Payment Card Industry (PCI) Data Security Standard, SAFE, Gramm-Leach-Bliley, corporate governance and others.
Trust-S services encompass monitoring and management of security devices and applications, including firewalls, routers, VPN servers, proxy servers, anti-virus systems and intrusion detection and prevention systems.
Trust-I services help minimize loss due to security breaches by proactively applying a proven methodology for incident and forensics, helping companies quickly regain control of their IT assets.
CPCNet's SOC composed of Cybertrust's powerful SEAM(R) (State and Event Analysis Machine) technology collects, processes and analyzes millions of events, highlighting only those that may pose a security risk. SEAM, delivered via Cybertrust's majority owned subsidiary Ubizen, allows CPCNet's security analysts to take corrective action before an attack can cause damage to customers' business systems. Through the on-line dashboard, customers get a real-time view of their security posture and the effectiveness of security devices at every level - from the big-picture view all the way down to the details of an individual security incident.
About Cybertrust
Cybertrust is the global information security specialist, delivering services that secure critical data, protect identities and help customers demonstrate ongoing compliance. Headquartered in Herndon, Virginia, USA with more than 30 offices around the globe, Cybertrust is one of the world's largest providers of information security and is recognized as the global market leader in managed security services. For more information, please visit cybertrust.com.
About CPCNet
CPCNet Hong Kong Limited, a wholly owned subsidiary of CITIC Pacific , is a communications and security solution provider headquartered in Hong Kong, a preferred partner by multinational corporations (MNCs) and business enterprises requiring seamless connection to Greater China and Asia. By employing state-of-the-art fully meshed network, CPCNet offers TrueCONNECT(TM), an advanced MPLS VPN service, and a whole range of communications products and services including GlobalLINK, an advanced international calling service.
To extend its comprehensive compliance solutions, CPCNet partners with Cybertrust - a global information security specialist to build a world-class Security Operations Centre (SOC) in Hong Kong. CPCNet introduced cutting edge information security services - TrustCSI to deliver an improved level of security, enhanced compliance, greater efficiency of security operations and reduced costs of security initiatives. A series of security services includes: Trust-C: Compliance Management Solution; Trust-S: Managed Security Services (MSS) & Trust-I: Forensics Investigation Services. For more information about CPCNet, please visit www.CPCNet.com.
(1) InformationWeek/Accenture Global Information Security Survey of 2,540 US and 700 Chinese business-technology and security professionals, October 2005. See http://www.informationweek.com/story/showArticle.jhtml?articleID=172901194
(2) Source: IDC China Semiannual IT Security Market Analysis, March 2006
Cybertrust and SEAM are trademarks or registered trademarks of Cybertrust Holdings, Inc. and/or its affiliates. All other trademarks are property of their respective owners.
Issued on behalf of CPCNet and Cybertrust By Euan Barty Associates
For further information please contact:
Mahlon Campbell (CPCNet)
mahlon.campbell@cpcnet.com, 2170 7536
Wendy Hill [Bird & Hill Public Relations]
wehill@birdhillpr.com, +612-9954 0555
Elaine Chao (EBA)
elaine@eba.com.hk, 2537 8022
Source: Cybertrust
CONTACT: Mahlon Campbell of CPCNet, mahlon.campbell@cpcnet.com, 2170
7536 ; or Wendy Hill of Bird & Hill Public Relations, wehill@birdhillpr.com, or +612-9954-0555; or Elaine Chao of EBA, elaine@eba.com.hk, or 2537 8022
Web site: http://cybertrust.com/
http://www.cpcnet.com/
