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OPTUS LAUNCHES AUSTRALIAN CYBER SECURITY CAPABILITY THROUGH SINGTEL AND FIREEYE PARTNERSHIP

7 October 2014

Optus launches Australian cyber security capability through SingTel and FireEye partnership

Co-investment in Sydney-based Advanced Security Operations Centre and increased cyber security expertise

SYDNEY and MILPITAS, CALIF, 07 October 2014 – Optus Business and FireEye Inc. today announced they will launch the country’s first Managed Defence solution powered by FireEye and build a new Advanced Security Operations Centre in Sydney, as part of a strategic partnership between SingTel and FireEye.

The partnership, designed to enhance the cyber security ecosystem in Australia and across Asia Pacific, will cover:

Co-investment over five years in building and operating Advanced Security Operation Centres (ASOCs) in Sydney and Singapore;

  • The launch of the first Managed Defence solution powered by FireEye in APAC;
  • Building up cyber security expertise, including training up to 150 professionals to operate the ASOCs,
  • Increasing awareness and knowledge of next gen cyber threats through the bi-annual APAC-focused threat advisory reports by SingTel and FireEye.

“In today’s global and interconnected business environment security is paramount to success, something we take extremely seriously. With more and more Australian organisations experiencing advanced persistent threats, this strategic partnership enhances Optus Business’ existing security portfolio and provides our customers with increased and ongoing visibility and protection,” said John Paitaridis, Managing Director, Optus Business.

“The investment in Managed Defence solutions demonstrates our strengthening end-to-end ICT and managed services capability, with cyber security as an integral capability to support Australian enterprises and government.”

This announcement is the second major investment in security made by Optus Business this year, with a Security Centre of Excellence focused on helping organisations navigate end-to-end security announced in June.  Optus Business already provides a range of ICT security services including managed firewall, DDoS, intrusion detection, content security and secure internet gateways.

Mr. Bill Chang, SingTel’s CEO Group Enterprise, said: “This is a ground-breaking collaboration to enhance the cyber security ecosystem in the region.  We are combining FireEye’s best-of-breed managed Defence capabilities and SingTel’s leadership in ICT services and infrastructure in Asia Pacific. This will help enterprises better manage the increasing challenges of a new generation of cyber-attacks. With deep security capabilities, SingTel aims to be the preferred and trusted ICT services partner for enterprises. With more mobile devices consuming enterprise data and increasingly exposed to malware attacks, SingTel and FireEye will join forces to provide threat mitigation for mobile devices.”

Mr. Chang added: “Apart from offering the game-changing SingTel Managed Defence Powered by FireEye solution, which helps enterprises avert a costly and prolonged malware breach, we are aiming to strengthen the industry’s awareness and knowledge in dealing with cyber threats with our bi-annual Asia Pacific-focused threat advisory reports.”

“FireEye is very excited about our partnership with SingTel. Our managed defence capabilities deliver a level of protection, containment and remediation of highly targeted and complex attacks unmatched in the industry, and SingTel has the scale and infrastructure to help reach customers across the region,” said David DeWalt, Chairman of the Board and Chief Executive Officer for FireEye.

Mr. DeWalt added: “Many organisations realize the nature of attacks has fundamentally changed, but are unsure how to update their security infrastructure to respond to modern threats. FireEye and SingTel bring a unique solution to the market, providing managed services that transform our customers’ security posture and help protect their most valuable assets. With our two leading brands, we are looking to grow the business quickly in the Asia Pacific market.”

Optus Managed Defence Powered by FireEye

For the first time in Australia, the Optus Managed Defence Powered by FireEye will provide continuous monitoring, detection and the quick containment of malware and other perceived threats to enterprises and government organisations.

Based on the investigations in 2013 from FireEye’s Mandiant Incident Response Unit, advanced attackers go undetected for a median of 229 days[1] before being discovered and the vulnerabilities remediated. This leaves an organisation exposed to potential malicious activity for months.

The Optus Managed Defence Powered by FireEye focuses on both preventing threats from breaching a network as well as quickly alerting and remediating vulnerabilities to reduce the window of exposure.

This solution protects organisations by:

  • Detecting and preventing most intrusion attempts against major attack vectors with patented virtual machine-based technology;
  • Monitoring an environment 24×7 and analysing potential cyber threats using techniques based on over 100,000 hours per year of front-line experience, and
  • Resolving incidents quickly and assessing the impact for prompt, accurate disclosure.

Advanced Security Operation Centres

SingTel/Optus and FireEye will co-invest in setting up and jointly operating Advanced Security Operation Centres (ASOCs) in Australia and Singapore. The Australian centre is expected to open in Sydney in early 2015. The investment adds Managed Defence capabilities and analyst expertise to the Optus Business portfolio enhancing its current security offering.

Cyber security professionals at these centres will continuously monitor, analyse, detect and contain Advanced Persistent Threats (APTs) and malware.

The ASOCs will be integrated with SingTel’s Network Operations Centres to provide end-to-end visibility across corporate networks and Internet traffic.  These centres will also connect to FireEye’s global network of ASOCs and have access to FireEye Dynamic Threat Intelligence (DTI), a global network that connects FireEye threat prevention platforms to provide a real-time exchange of threat data on today’s cyber attacks. This provides enterprises with the latest intelligence on cyber attacks and enables FireEye to proactively recognise new threats and block attacks.

“More Australian enterprises are pushing into the digital space, relying on emerging technologies, cloud computing and mobile devices to be more productive and agile.  Ironically, this has also opened the door to rising cyber-attacks causing business disruption, financial losses and customer inconvenience.  As a whole, the industry would benefit from a collaboration between SingTel-Optus, a leading and trusted ICT service provider in the region, and FireEye, which is a global expert in cyber security and protection.  We will gain greater awareness of threats against Australian business interest and be better equipped to deal with such threats,” said Kee Wong, Chairman, Australian Information Industry Association.

Cyber security expertise

According to FireEye’s regional Advanced Threat Report, countries in Asia Pacific, including Australia, are more likely to be targeted by advanced cyber-attacks than the world as a whole. This has led to a higher demand for cyber security talent and a shortage of skillsets in cyber forensics, incidence response and threat analysis in this part of the world.

The partnership will help address this by bringing in global cyber security experts and growing the local talent pool.  About 150 cyber security professionals are expected to be trained to operate the ASOCs alone.

Bi-annual APAC threat report

FireEye has seen a significant number of advanced persistent threats (APT) targeting computer networks in Australia and incidents are increasing with an estimated 50 per cent of Australian organisations experiencing an attack.

By expanding the data available via the SingTel network, FireEye will build upon existing Advanced Threat Reports and work with SingTel to jointly produce regular reports focused on cyber threats in Asia, including Australia.

The threat report will deliver broader benefits to the regional security ecosystem by proactively tracking the latest APT activities in APTs as well as the types of malware that are affecting different countries.

 

— Ends —

 

 

About FireEye, Inc.

FireEye has invented a purpose-built, virtual machine-based security platform that provides real-time threat protection to enterprises and governments worldwide against the next generation of cyber-attacks. These highly sophisticated cyber-attacks easily circumvent traditional signature-based defences, such as next-generation firewalls, IPS, anti-virus, and gateways. The FireEye Threat Prevention Platform provides real-time, dynamic threat protection without the use of signatures to protect an organization across the primary threat vectors and across the different stages of an attack life cycle. The core of the FireEye platform is a virtual execution engine, complemented by dynamic threat intelligence, to identify and block cyber-attacks in real time. FireEye has over 2,500 customers across 65 countries, including over 150 of the Fortune 500.

FireEye, Dynamic Threat Intelligence and DTI are registered trademarks or trademarks of FireEye, Inc. in the United States and other countries. All other brands, products, or service names are or may be trademarks or service marks of their respective owners.

FireEye Forward-Looking Statements

This press release contains forward-looking statements, including statements related to expectations, beliefs and future strategies, plans, objectives and investments with respect to the partnership between SingTel and FireEye and the features, benefits and availability of products, services and technologies associated with the partnership. These forward-looking statements involve risks and uncertainties, as well as assumptions which, if they do not fully materialize or prove incorrect, could cause FireEye’s results to differ materially from those expressed or implied by such forward-looking statements. The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include customer demand and adoption of the products, services and technologies associated with the partnership; real or perceived defects, errors or vulnerabilities in such products, services or technologies; FireEye’s and SingTel’s ability to react to trends and challenges in their respective businesses and the markets in which they operate; FireEye’s and SingTel’s ability to anticipate market needs or develop new or enhanced products, services and technologies to meet those needs; the ability of FireEye and SingTel to execute their strategies, plans, objectives and expected investments with respect to the partnership; and general market, political, economic, and business conditions; as well as those risks and uncertainties included under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” in FireEye’s quarterly report on Form 10-Q filed with the Securities and Exchange Commission on August 13, 2014, which is available on the Investor Relations section of the company’s website at investors.FireEye.com and on the SEC website at www.sec.gov. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and FireEye does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made. Any future product, service, feature, benefit or related specification that may be referenced in this release are for information purposes only and are not commitments to deliver any technology or enhancement. FireEye reserves the right to modify future product and services plans at any time.

Media contacts

Steve Batten

Optus Corporate Affairs

(02) 8082 7850

media@optus.com.au

 

Mihika Gujral / Wendy Ko
Text100 Public Relations
T: (02) 9956 5733
E: sydneyoptusteam@text100.com.au

 

FireEye

Vitor De Souza
FireEye, Inc.
vitor.desouza@fireeye.com

(415) 699-9838

[1] *2014 Annual M-Trends breach report. The full report is available at:

http://connect.mandiant.com/m-trends_2014

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