Blackpanda has partnered with the Cyber Security Agency of Singapore (CSA) to strengthen cybersecurity emergency response and insurance services in Singapore.
The memorandum of collaboration (MOC) will involve the exchange of critical cyber threat intelligence information and cooperation on cyber investigations.
Blackpanda and CSA will share details on the latest vulnerabilities, incidents and cyber threats.
This exchange is expected to build a comprehensive cybersecurity library, enabling both organisations to tackle cyber threats in Singapore efficiently.
Additionally, the MOC includes provisions for annual reviews and refinements of the collaborative efforts to adapt to the dynamic nature of the cyber threat landscape.
CSA Assistant Chief Executive (National Cyber Resilience) Dan Yock Ha said: “Cybersecurity is a team effort. Companies like Blackpanda play an important role in helping enterprises defend against cyber threats and recover from breaches.
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By GlobalData“CSA’s collaboration with Blackpanda highlights our commitment to working closely with industry players to protect Singapore’s cyberspace.”
Blackpanda has previously worked with the Singapore Police Force as part of the Alliance of Public Private Cybercrime Stakeholders, sharing cybercrime information for the past three years.
The intelligence sharing is also expected to enhance Blackpanda’s subscription-based service IR-1 software-as-a-service product.
IR-1 provides a fixed-cost, affordable cyber emergency response for organisations of various sizes.
Currently, IR-1 is distributed by entities such as Singtel, Macroview and Companhia de Telecomunicações de Macau.
Blackpanda CEO Gene Yu said: “This collaboration with CSA represents a pivotal step forward in our mission to provide affordable cyber emergency response to everyone.
“Through the sharing of our attack surface management data, correlated with digital forensics analysis after a confirmed cyber attack, CSA will gain a deeper understanding of the cyber threat landscape in Singapore, including attack frequency by market and industry.”