CREST Malaysia Chapter Established to Improve Standards of Cyber-Security in Malaysia

CREST International today signed an agreement with the Malaysian Chapter to expand its certifications framework to the domestic cyber security industry. CREST provides internationally recognised accreditation for organisations and professional level certifications for companies and individuals delivering penetration testing, cyber incident response,threat intelligence and Security Operations Centre (SOC) services.

CREST Malaysia Chapter Chairman, Jason Yuen said, “We are delighted to have signed this agreement which will enable us to work closely with CREST International on improving the standards of cyber security in Malaysia. As cyber threat landscape constantly evolves, we must take cyber security seriously and supplier of cyber security services must improve their standards to ensure Malaysia cyberspace is safe for business”.

The signing ceremony held in conjunction with a knowledge sharing session by Bank Negara Malaysia and CREST International was also witnessed by an Assistant Governor, as it signifies the regulator’s commitment in supporting strong industry partnership for capacity & capability building in the local cyber security domain benefiting specifically the financial sector and Malaysia in general.

Rowland Johnson, CREST International Director said, “Through collaboration with industry, CREST has built a meaningful framework for measuring the capability of cyber security companies and their workforce. CREST Malaysia Chapter will provide a platform for local governments, regulators and buyers in identifying capable suppliers that can deliver high quality and accredited technical security services.”

“CREST believes this will indirectly raise the skill-sets and professionalism of service providers and help improve the security of Malaysia’s cyberspace.”

CREST was first established in 2006 initially in the UK. It is managed by an Executive of nine senior industrialists, two of whom represent the CREST assessors. Countries that have established CREST local chapter includes the UK, US, Singapore, Hong Kong and Australia.

In 2004, CREST worked alongside UK Central Bank, the Bank of England (BoE) to develop CBEST, an intelligence-led assurance framework, specifically designed for the financial services sector to identify areas where they could be vulnerable to sophisticated cyber attack. CBEST is the first of initiative of its type to be led by any of the world’s central banks