Thursday, July 25, 2024

Local firm secures deal to distribute RSA security solutions

Local ICT distributor VST ECS Philippines (formerly known as MSI-ECS Phils.) has announced that the company is the newest distributor in the Philippines of RSA, a network security firm and a Dell subsidiary.

Top executives of VST ECS led by its CEO Jimmy Go and regional officials of RSA seal the distribution deal with a handshake

In a press conference, Charles Lim, RSA regional director (Greater China and SEA) shed light on the rumors surrounding the Dell offload controversy, as well as a bit of information about their core services and verticals.

There have been reports from various international tech news sites that RSA is going to be sold by Dell with the hiring of multinational investment bank Morgan Stanley being the main cause of suspicion.

According to reports, Morgan Stanley was hired to sell the cybersecurity business for at least $3 billion. Lim said that “those are just rumors. If you look at those reports, they’re from unfounded basis. A lot of ‘facts’ in those reports are non-factual.”

It was back in 2016 when Dell gained RSA Security through the EMC acquisition and since then, the tech giant has been retaining a broad collection of cybersecurity assets. With VMware’s Carbon Black leading the cloud native endpoint security measures, Secureworks focusing on global and targeted threat intelligence, where exactly does RSA fall into all these?

The portfolio of RSA is primarily made up of five key products – Archer, NetWitness, SecurID, Fraud & Risk Intelligence Suite, and Risk & Cyber Security Practice. Among these, SecurID is the most well-known, a suite that excels on secure application access from any device by using modern multi-factor authentication methods.

The unholy union of an increasingly large surface attack area and 5G speeds, however, is set to bring a few setbacks for the cybersecurity industry.

When asked how prepared their company is with this new attack strategy, Lim replied that RSA, along with several cybersecurity providers, is spending efforts for research and development to combat it properly.

A prime example of this situation being a threat is the emergence of 5G-boosted swarm attacks. Based on Nokia’s Threat Intelligence Report 2019, what started out as a malware-infected cryptocoin mining has now evolved towards high-end servers and IoT devices. This is why the “Swarm-as-a-Service” term is already being tossed around.  

“I won’t say it’s mature at this point in time, neither are solutions out there… so we continue to innovate, we continue to invest in the research and development to detect these new forms and ways of attack,” Lim said.


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