Singapore, 17 May 2024 – Wissen International is thrilled to announce its strategic partnership with Cyberbay, a trusted bug bounty ecosystem. With a primary focus on addressing the unique cybersecurity challenges faced by ASEAN companies, this collaboration is set to cultivate a culture of cybersecurity vigilance through bug bounty practices—a focus that is crucial yet often underemphasized in our region.
“Cybersecurity is not just about hacking. Every business owner has their responsibility and ability to protect their website,” said Felix Kan, CEO of Cyberbay, highlighting the pivotal role of cybersecurity in today’s rapidly evolving technological landscape.
The rise in cyber-attacks has also created a significant shortage of cybersecurity professionals, with a predicted global workforce gap of 3.5 million by 2024 and cybercrime costs expected to exceed $10.5 trillion by 2025. Rapid digitization and cloud computing expansion are exacerbating the issue.
“We believe that there is a growing demand for cybersecurity talent in the ASEAN region,” said Aaron Ang, Director of Enterprise Managed Services at Wissen International. “Through our strategic partnership with Cyberbay and the ASEAN Bug Bounty Programme, we aim to nurture and develop a robust pipeline of dedicated and passionate cybersecurity talents. This initiative not only emphasizes the importance of bug bounty cultures in enhancing digital security but also ensures that we continue to meet the evolving cybersecurity needs of companies across the ASEAN region.”
As part of this partnership, Wissen International and Cyberbay will also host the inaugural ASEAN Bug Bounty Programme and launch a cross-border youth exchange in cybersecurity later this year. Apart from strengthening the cybersecurity landscape across the ASEAN region, this initiative also underscores our commitment to nurturing the next generation of cybersecurity talents among our youth, ensuring a continuous pipeline of dedicated and passionate professionals.
About Wissen International:
Wissen International Pte Ltd is recognized as a prominent leader in the cybersecurity industry, providing a wide array of sophisticated solutions and services. Each offering is tailored to meet the unique requirements of its clientele.
With a strong belief that there is no one-size-fits-all solution to cybersecurity, Wissen International tailors its services to each client’s unique threat landscape and organizational culture. This comprehensive, people-centred approach to cybersecurity by Wissen International ensures that they remain at the forefront of providing robust, dynamic, and effective solutions. Stakeholders can count on Wissen International to be a dedicated partner in building a resilient cybersecurity posture, ready to meet the challenges of the evolving global threat landscape.
About Cyberbay:
Cyberbay is a fast-growing Hong Kong startup incubated by the Hong Kong Cyberport Incubation Programme and PwC’s incubation program. Our community of cyber talent combines innovative digital thinking with strong, independent capabilities, to provide cybersecurity solutions which help organisations to be safe and compliant. Cyberbay is a digital crowdsourcing and consumer-to-business (C2B) marketplace between bounty hunters and enterprises to facilitate the sharing of high-quality cyber advice with mutual trust and good values.
For more information about the partnership and the ASEAN Bug Bounty Programme, please contact:
Aaron ANG
Chief Information Security Officer (CISO) & Director (Enterprise Managed Services), Wissen International
Galina Kho
Chief Strategy Officer, Cyberbay
