Singapore's popular telecommunications company StarHub will be investing around S$200 million for a sustained development of cyber security ecosystem in the country over the next five years.
The company recently launched its Cyber Security Centre of Excellence which is reportedly the "first-of-its-kind" approach to removing cyber threats at the source and prevent all such attacks from entering an organization's firewall or security system.
The Centre enjoys the support of industry partners like Blue Coat, Wedge Networks, Fortinet, and Cyberbit, besides being backed by the Singapore Economic Development Board.
The company is expected to coach at least 300 experts for its Cyber Security Centre in association with institutes of higher learning such as Nanyang Polytechnic, Republic Polytechnic, Temasek Polytechnic and the Singapore University of Technology and Design.
The Centre will have special powers and monitoring control over the internet traffic across Singapore which is synonymous with the water treatment strategy being employed in the country.
Here is what the StarHub CEO Tan Tong Hai had to say regarding the company's new cyber defense strategy:
Today, we have clean, high-quality water because we have an effective utilities company that ensures that the water at the source is filtered and cleansed even before it is delivered to our taps. Applying the water treatment analogy to security means we have a central system that monitors, analyses, and cleanses Internet traffic at the source. In this way, enterprises do not need to invest a lot of resources and efforts on buying and implementing their own security appliances.