Security Specialists Eyes Global Growth and Expansion Starting in Singapore and Hong Kong
United Security Solutions looks set to extend its operations and tap on increasing demand for security services for businesses and governments across the world.
- (1888PressRelease) May 29, 2017 - United Security Solutions (USS), an integrated private security services provider, has announced plans to expand its footprint in the global arena, identifying the markets in ASEAN and the Middle East as vital starting points. The Hong Kong-backed company intends to extend its full-suite of security operations and cater to the growing demand for specialised and tailored private security solutions around the world.
Services offered by USS span from security consultancy, physical and infrastructure security to cyber and system security, investigation and risk assessment. With its expansion plans, USS seeks to aid organisations globally as they become increasingly aware of their vulnerabilities and exposure to various risks.
Tan Yee-Ning, CEO of United Security Solutions said, "Both businesses and governments have realized that protecting their assets, from physical threats to online and cyber crime, has become a top priority. It is better to be protected and stay protected rather than engage in crisis management after the fact. USS sees significant opportunities to bring value through our professional and systematic approach to security. The world has witnessed the emergence of threats across various sectors and we hope to equip organisations with the necessary tools to manage and mitigate these risks." Yee-Ning added, "Our risk advisory is uniquely designed for every client, making sure they get a total solution that secure their overseas operations."
Headquartered in Hong Kong, USS plans to set up offices around the world in next two years, and its new team has conducted security operations in countries with high security risks such as Iraq, Afghanistan and other areas in the Middle East and North Africa. In Southeast Asia, USS has been actively operating in the emerging markets of Myanmar and Cambodia.
According to research and advisory firm Gartner, enterprise IT spending in Southeast Asia will reach $62 billion by 2018. Spearheading this are countries including Singapore, Malaysia, Indonesia and Thailand who account for roughly 80 percent of IT spend in the region. 1 In Singapore alone, the cyber security sector is projected to grow to around S$900m by 2020, according to a statement on 22nd March 2017 by Minister for Communications and Information Yaacob Ibrahim.
A report by FireEye highlighted that organisations in Southeast Asia regularly attract the interest of cyber spies and criminals looking to steal information about the regions' growing industry sectors such as energy, telecommunications, high-tech, transportation and finance. 2
Dr. Yap Kwong Weng, President of ASEAN at USS explained, "The cyber-security landscape in Southeast Asia, and indeed around the world is a constantly evolving one. The ever-increasing number of internet users and the rise in internet adoption, particularly in emerging markets, has given rise to various cyber-security risks. Enterprises are beginning to realise the importance of securing their data and safeguarding their cyber assets."
Aside from cyber-security risks, organisations around the world have been facing the looming threat of terrorism. In Southeast Asia, terrorism has been flagged as one of the top security concerns facing businesses and governments. Last year alone there were major terror attacks in Indonesia and the Philippines and a 2015 poll by Pew Research revealed that about 11 percent of Malaysians are sympathetic to the cause of ISIS.
"We live in a sensitive time where threats can surface when we least expect it, potentially having a devastating effect on an organisation and even cripple operations. It is imperative that due diligence be observed when it comes to ensuring the safety of your business, customers and employees. USS identifies the different potential risks that companies would face, assess such project risks and vulnerabilities, and apply risk mitigation strategies and recommend solutions to ensure all parties are afforded peace of mind," added Yee-Ning.
References:
1. https://www.gartner.com/newsroom/id/3012117
2. https://www.fireeye.com/content/dam/fireeye-www/current-threats/pdfs/rpt-southeast-asia-threat-landscape.pdf
3. http://www.pewresearch.org/fact-tank/2015/11/17/in-nations-with-significant-muslim-populations-much-disdain-for-isis/
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