Cyber Security Market is expected to grow to $32.95 billion by 2019

Kuala Lumpur witnessed the largest cyber security gathering yesterday at the APAC Cyber Security Summit 2016 which was hosted at the Double Tree Hotel by Hilton, in Kuala Lumpur, Malaysia (2 &3 June, 2016)

Cyber security is recognized as an important issue in the Asia Pacific Region. Cyber Security market in the Asia-Pacific region has grown at a CAGR of 15.15 percent over the period 2014-2019. Spurred by private sector awareness, political turmoil, and cybercrime, Asia-Pacific organizations will spend $22 billion on critical infrastructure technologies by 2020.

Day 1 of the APAC Cyber Security Summit 2016 was inaugurated by Mr. Narendra Kumar, Managing Director- Nispana Innovative Platforms having the august presence of Mr. Christophe Durand, Cyber Strategy Head- INTERPOL, Mr. Benoit Godart, Head of Outreach & Support, European Cybercrime Centre (EC3) EUROPOL and Mr. Ryuichi HIRANO, Counsellor - National Center of Incident Readiness and Strategy for Cybersecurity, Government of Japan Cabinet Secretariat of Japan. Mr. Christophe Durand presented his paper on “Confronting Cyber Crime” focussing on the current challenges that prevail in the region pertaining to cyber security. Ms. Maria Milosavljevic, CIO - The Australian Transaction, Reports and Analysis Centre shared her views on “Automating decision making in government using analytics & other AI technology: assessing the risks & benefits”. Mr. Ryuichi HIRANO, Counsellor - National Center of Incident Readiness & Strategy for Cybersecurity, who discussed Japan’s cybersecurity challenge & government policy.

Top industry solution providers like Pinecone Cyber Defence was the associate sponsors while DNV-GL participated as Gold sponsors, Rockwell Automation displayed their solutions at the exhibiting booth. MyCrypto joined in as the Keynote Partner & DNJ as the Technology partner, Trend Micro and Diligent participated as Conclave Sponsors. The APAC Cyber Security Summit 2016 witnessed an array of networking solution providers who are as follows: Innovative Solutions, LGMS, WINTTUX, RSA, I-sprint, Business Integra, Tenable and Cyberark.

Mr. Mohammad Ismail CEO Snskies Private Limited, discussed the Cyber security technologies & Implementation challenges for developing Nations in Asia & Africa while Mr. Victor Lo, Head of Information Security, Malaysia Digital Economy Corporation (MDEC) spoke on Security AS catalyst for Digital transformation, Law Chee Wan, from Trend Micro presented a paper on Demystifying APTs and Interconnected Advanced Threat Defence. Gary ANG, Senior Consultant, Clean Technology Centre DNV GL – Energy, discussed a Holistic view on Cyber Security for Critical Infrastructure.

Mr. Alan Seow, Cyber Security Practitioner, Singapore spoke on a very sensitive issue which focused on “Introduction to Dark Web”. The opening day of the “APAC Cyber Security Summit 2016” hosted the most awaited panel discussion where the 175+ attendees debated on the topic “Introduction to Dark Web”. The show ended on a high note with attendees looking forward to the presentations that will take place tomorrow and which will include the paper presentation by Mr. Benoit Godart- EUROPOL.

This summit is researched and developed by Nispana innovative Platforms headquartered in Bengaluru, India with offices in Dubai & USA.