|Friday, 1 June 2018, 10:00 HKT/SGT|
|Company Grows Footprint in Asia-Pacific to Deliver Business Risk Intelligence (BRI) for Combating Insider Threats, Reducing Risk, and Providing a Decision Advantage over Threats and Adversaries|
SINGAPORE, June 1, 2018 - (ACN Newswire) - Flashpoint, the global leader in Business Risk Intelligence (BRI) from the Deep & Dark Web (DDW), has officially announced its expansion in the Asia-Pacific market, with significant focus on Singapore, Japan and Australia. Overseeing operations in the region is security industry veteran Jankang Tao, whose appointment as Managing Director for Asia-Pacific at Flashpoint follows his over 16 years dedicated to spearheading business initiatives throughout the region at global organisations such as Internet Security Systems, IBM, JouleX, and Cisco.
The company's decision to strengthen its presence in Asia-Pacific was fuelled by the ample opportunity for commerce and prosperity the region provides. Home to global leaders in industries such as technology, oil and gas, manufacturing, retail, and financial services, Asia-Pacific is an ideal environment for Flashpoint to continue to innovate and grow in support of its roadmap and mission.
However, as markets and business practices in Asia-Pacific continue to evolve, so do the types of threats and adversaries that organisations in the region are facing. Flashpoint analysts have been monitoring several cybercrime trends specifically in relation to the region's core industries, including:
- Law enforcement action against criminal Bitcoin exchanges and tumbler services
- Cybercriminal groups increasingly seeking and recruiting insiders in financial institutions
- The apparent adoption of financially motivated cybercrime techniques (ransomware and attacks on financial institutions for profit)
- Consistent discussions of, and recruitment for, insider trading schemes leveraging data stolen from financial institutions, news agencies, and law firms
Given the ongoing complexity of the Asia-Pacific threat landscape, Flashpoint's offerings are particularly suitable for the region. Fuelled by the company's unique DDW data, expertise, and technology, BRI empowers organisations with a decision advantage over threats and adversaries. By broadening the scope of intelligence beyond threat detection, BRI provides relevant context to business units not traditionally afforded the benefits of intelligence derived from the Deep & Dark Web.
"We are excited to be ramping up our presence in Asia-Pacific. Not only will this expansion provide Flashpoint with ample opportunity to partner and collaborate with leading experts in the region, it will enable us to provide even more organisations with a decision advantage over a broad spectrum of threats and adversaries," said Josh Lefkowitz, Flashpoint CEO and co-founder.
"Flashpoint's expansion in Asia-Pacific presents a fantastic opportunity for even more organisations to develop and enhance their security and risk postures with Business Risk Intelligence," said Jankang Tao, Managing Director for Asia-Pacific at Flashpoint. "I am excited to collaborate with esteemed experts in all sectors throughout the region to combat insider threats, fight fraud, and mitigate third-party risk, among many other use cases."
For a forward-looking assessment of the 2018 geopolitical landscape, download the Flashpoint Business Risk Intelligence (BRI) Decision Report. https://bit.ly/2snAcTt If you are interested in learning more about Flashpoint and BRI, please request a meeting here. https://go.flashpoint-intel.com/apac/meetingrequest
Flashpoint delivers Business Risk Intelligence (BRI) to empower business units and functions across organisations with a decision advantage over potential threats and adversaries. The company's sophisticated technology and human-powered analysis enable enterprises and public sector organisations globally to bolster cybersecurity, confront fraud, detect insider threats, enhance physical security, assess M&A opportunities, and address vendor risk and supply chain integrity. Flashpoint is backed by Georgian Partners, Greycroft Partners, TechOperators, K2 Intelligence, Jump Capital, Leaders Fund, Bloomberg Beta, and Cisco Investments. For more information, visit https://www.flashpoint-intel.com/ or follow us on Twitter at @FlashpointIntel.
PRecious Communications for Flashpoint
Tel: +65 6303 0567 Ext 1001
June 1, 2018 10:00 HKT/SGT
Topic: Press release summary
Sectors: Enterprise IT, Security/Biometrics
From the Asia Corporate News Network
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