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Warta Ekonomi Online – ARIM Technologies Ready to Help Protect the Financial Industry from Cyber Attacks
Press Release 22/06/2016

Warta Ekonomi Online – ARIM Technologies Ready to Help Protect the Financial Industry from Cyber Attacks

ARIM Technologies Ready to Help Protect the Financial Industry from Cyber Attacks   This article was originally posted in Bahasa at Warta Ekonomi Indonesia on 22 June 2016. WE Online, Jakarta – The cyber crime that caused the loss of almost one trillion rupiahs at the Central Bank of Bangladesh last March has certainly received a great deal of attention. This is just one of the many examples of cyber crime that can happen at any moment nowadays. No-one can be too careful when it comes to dealing with cyber security threats. Due to this fact, companies and institutions need to put in the extra effort in order to improve their cyber security operational systems and processes. ARIM Technologies is a innovative services provider specialized in cyber security. What are their thoughts on the future of cyber security and plans to help enterprise customers in Indonesia? Here is an interview with Ivan Goh, CEO and Co-Founder of ARIM Technologies, conducted by Boyke Siregar from Warta Ekonomi. What are your opinions about the level of understanding regarding the importance of cyber security in Indonesia? Indonesians are aware of the importance of cyber security in general. However, many people do not understand enough about the cyber attack process and how an organization can improve its technology, human resources, and the overall process of dealing with cyber attacks. This phenomenon can be seen not only in Indonesia, but worldwide, including Singapore. Which industries do ARIM Technologies support primarily? We would like to help support the governemental and financial institutions of Indonesia at this point in time. Cyber criminals today are ingenious, resourceful, persistent and patient in committing their crimes. They are usually successful in attacking consumers, companies, and government institutions all around the world. Enterprises need to be concerned about cyber attacks, and we are here to help by providing the technologies and services for them. ARIM Technologies has plans and strategies to mitigate these attacks that could be targeted at various industries. What are your business plans in Indonesia? I believe the team is the key to a success, and we plan to hire the best talented people to support our growth in the region. We offer the cyber security training programs to our team members to ensure that they have the best opportunities to learn from their peers abroad. What are the plans for ARIM Technologies in the future? In the near future, our main goal is to prove our capabilities to customers in Indonesia. They have entrusted ARIM Technologies with their cyber security requirements. We are also looking to exceed our customers’ expectations. For mid- to long-term plans, we are planning to look into opportunities for organic growth in the cyber security sector. Which products do you plan to launch? We will continue to introduce innovative technologies to deal with the evolving cyber threats landscape. We realize that cyber security threats in Indonesia can damage the growth of local companies, and it is very important for these companies to realise this. With this knowledge they can leverage innovative solutions to deal with the ever evolving dangers of cyber security attacks. What are the ARIM’s major events in the near future? We are pleased to host Indonesia’s 1st Cyber Security Innovation Pavilion in November. This event will be held simultaneously with Indonesian Infrastructure Week 2016. We will introduce various innovative cyber security startup technologies at this event and give our customers a chance to experience global innovative solutions. Writer : Boyke P. Siregar Editor : Cahyo Prayogo Photo : Boyke Siregar Note: This article is translated from the original bahasa articles. Please pardon the translated article for grammatical errors as we intentionally avoided intensive rewording to avoid changing the context of the original passage.   ...

InfoKomputer Magazine: June 2016 – Executive View
Press Release 15/06/2016

InfoKomputer Magazine: June 2016 – Executive View

Bridging the Company’s Needs in Asia-Pacific This article was originally released in Bahasa at InfoKomputer Magazine June 2016 edition (print). InfoKomputer Magazine: June 2016 Executive View – Ivan Goh (CEO and Co-Founder of ARIM Technologies) Many companies in Asia-Pacific need the latest innovative cyber security solutions to fight against threats that are constantly coming their way. ARIM Technologies was founded to serve as a bridge for that need. The world of cyber security is large a beating heart. Every second, new threats arise that can cause massive damage to a company’s finances and reputation. Wall Street Journal Venture Capital Dispatch estimated that the value of the cyber security market would reach US$75 billion by 2020. This reflects the increased awareness of companies around the world of the importance of protecting their digital assets from never-ending threats. Companies in Asia-Pacific are not exempt from the need for cyber security solutions. Unfortunately, options for companies in this area are limited compared to more developed regions. The reason for this is that many cyber security solution providers do not have a presence in Asia-Pacific. “There are language and political barriers, and the region has many addressable countries. These conditions make it harder for cyber security startups to serve the markets in Asia-Pacific,” ARIM Technologies CEO and Co-Founder Ivan Goh said. This opportunity has encouraged Goh to establish ARIM Technologies, a company that provides innovative cyber security solutions to the Asia-Pacific market. ARIM Technologies curates innovative solutions from a wide selection of cyber security startups, such as enSilo. “Basically, we provide end-to-end cyber security solutions including managed security services,” said Goh. In some respects, ARIM Technologies acts like a branch office to their clients, representing the company’s technologies and protecting their intellectual properties (IP) during their early expansion in Asia. On the other hand, ARIM Technologies also offers end-to-end cyber security products from established vendors such as Check Point and ObserveIT. ARIM Technologies provides end-to-end cyber security solutions. Goh is not a new name in the cyber security and enterprise business space in Asia-Pacific. Before establishing ARIM Technologies, he was the ASEAN Head of Channel Sales for Akamai Technologies, a prominent CDN company. Prior to that, he worked for both SAP and Alcatel Lucent. His experiences in these positions made Goh realise the need for innovative solutions in cyber security, because of the gap in the market. “Companies in Indonesia do not have the chance to experience the latest innovations, and that is what they need to deal with the evolving threat landscape”, said Goh. As a result, Goh established ARIM Technologies in Singapore in 2014. Then, at the end of 2015, ARIM opened their second office in Indonesia by collaborating with PT Jaringan Intech Indonesia. The two companies now work in partnership to market cyber security services and solutions in Indonesia, including managed security services through their 24/7 Security Operations Centre (SOC). Dynamic options for cyber security Several specific reasons made ARIM Technologies choose this path. “Cyber security threats will continue to exist and evolve into many forms,” Goh said. The evolution of cyber security threats often requires specialised experience and the use of the latest technologies. Established cyber security vendors may have an R&D team to anticipate this phenomenon, but are often unable to deal with a new problem fast enough. This is why ARIM actively seeks out startups in cyber security to add new technologies to their portfolio. Cyber security startups differ from established vendors in that they tend towards a leaner organization, making them more dynamic in facing ever-evolving security threats. Most startups also focus more on solving specific problems rather than providing blanket protection, making their solutions more effective in addressing these concerns. Goh has never claimed that solutions from cyber security startups are necessarily better than those from established vendors. “However, solutions offered by established vendors may be insufficient in solving new security problems,” Goh added. ARIM Technologies bridges the gap here, as ARIM’s goal is to provide alternative solutions for evolving security problems companies face. ARIM Technologies has been receiving attention in Indonesia, although it is relatively new to the market. “The solutions we provide often receive positive responses from enterprise customers in Indonesia,” said Goh. This is why he concludes that, “Indonesian companies tend to be more open to innovative solutions compared to some other countries in the region,” added Goh. It seems to be a perfect time to start seriously considering investments in cyber security technologies and services for emerging markets in the region, especially Indonesia. “Indonesian companies get to experience latest innovations without getting tied down by previous investments in older cyber security measures that may or may not be relevant in today’s context,” Goh added. Speaking of cyber security issues in Indonesia, Goh pointed out the high penetration rate of smart devices, such as smartphones and tablets. This trend has encouraged companies to adopt a BYOD (Bring Your Own Devices) policy. However, when personal devices are allowed access to company’s network and data, the attack surface increases rapidly. “The ultimate effect of this trend is that the cyber threat landscape in Indonesia is expanding larger than other countries due to its growing digital economy,” said Goh. This explains the rise of interests in ransomeware prevention solutions such as enSilo from many Indonesian enterprises. Headquartered in California, the enSilo solution offers a real-time prevention of malicious activities. Unlike traditional solutions that focus on infiltration detection, enSilo blocks the consequences of the cyber attack in real-time. enSilo virtually protects the infected device from exfiltrating data, while enabling users to continue working on compromised devices. By providing a solution like enSilo and others, Goh is confident about the future of ARIM Technologies. He has a huge ambition to go global in the enterprise market. Goh is confident with the company’s promising future because of the innovative solutions ARIM offers. “The most important part is that we provide solutions addressing our customers’ needs,” Goh added. “We strive to provide the best available services in cyber security, and it will continue the journey until it is known as a reliable source for the end-to-end cybersecurity solutions in Asia” Goh said. Goh will also continue to add innovative solutions to ARIM’s portfolio.“There are a variety of sophisticated solutions out there, and we will carefully choose and select those that addresses the market’s needs,” concluded Goh. Note: This article is translated from the original bahasa articles. Please pardon the translated article for grammatical errors as we intentionally avoided intensive rewording to avoid changing the context of the original passage.   ...

Bisnis Indonesia – Lack Of Awareness In Cyber Security Investment
Press Release 10/06/2016

Bisnis Indonesia – Lack Of Awareness In Cyber Security Investment

Lack Of Awareness In Cyber Security Investment This article was originally released in Bahasa at Bisnis Indonesia Newspaper (print) on 10 June 2016. Jakarta – ARIM Technologies, an innovative cyber security solutions provider, has opened a new office in Indonesia for cyber security services and solutions. Bisnis Indonesia has interviewed the CEO and Co-Founder of ARIM Technologies, Ivan Goh, to discuss ARIM’s plans for the Indonesian market in the near future. Are startups one of the targets for ARIM Technologies’ products and services in Indonesia? We don’t actually focus our services and products just on startups in Indonesia. We work primarily with medium and large enterprises such as government agencies or banks. However, we do also work with mid-market entities such as Startups. One reason for this is that startups usually do not invest much in cyber protection at the early stage of their business development. They use most of their funds instead for growth, namely by recruiting people. How are the opportunities for ARIM Technologies in Indonesia? The opportunities are great, but we often have to raise awareness about investing in system protection. Cyber attacks are increasing in number, especially in the banking sector for example. Theft of funds and data has hit companies in Japan, India, and Bangladesh. This means that the threat is real in Asia. The development of the digital economy in Indonesia is accelerating. More people are going online for longer, either through their PCs and smartphones. However, as a result more people are becoming vulnerable to cyber attacks. With the expanded attack surface, meaning more devices to target, it has become easier for attackers to access your network. The demand for cyber security services and products is the reason why we are here. Which one do you think is more efficient, developing a security division or using the services of a company such as ARIM Technologies? It does not have to be a choice between the two. I believe that a clear collaboration between customers and vendors in managing cyber security services is the right answer. Because attacks are rapidly increasing and the methods of attack are constantly changing, we always try to offer our customers a response to the various means of attack. We vary our response depending on the type of malware attack. ARIM Technologies also offers a clear explanation of how an attack takes place and the actions needed to counteract it. Customers may have an internal team that handles their operational activities. However, they do not always have the time and resources to keep up with the evolution of new attack methods. Therefore, a managed security services provider helps take care of new and evolving security requirements for customers. What kind of disruption in the network, such as malware, do people experience frequently? One type of malware that frequently affects businesses is ransomware. These attacks will encrypt your data and/or hard drive and will make your workstation unusable. Ransomware will usually leave a message on the afflicted computer. This audio or word file will demand a ransom after the encryption has happened and giving instructions on how to make the payment. The attacker promises to give the decryption key after you pay the ransom. In many cases, the attacker will disappear without giving the decryption key, regardless of whether ransom was paid or not, leaving the victims helpless. Ransomware is nothing new, but with the rapid growth of the digital economy, it becomes a big problem for many organizations. Imagine a scenario where an executive of a company works out of office, in Hong Kong for example, and their workstation is attacked by ransomware. The executive can only get limited help in their remote location, and the downtime needed to repair the workstation may take hours or days. There were numerous reported ransomware cases around the world recently, such as in the US last year. In one very significant case, the damage caused by a ransomware attack was so severe that it interfered with the operational activities in a hospital for days. In Indonesia, we see ransomware cases happening to just about every kind of customer. Even though they might not be as disruptive and severe as the ones in the US, they can still cause serious damage to companies. What companies usually become the targets of ransomware attacks? Everyone is vulnerable to ransomware. There is no specific group of customers targeted by these attacks. We have seen cyber security breaches affect banks, healthcare services, private individuals etc. In 2015 for example, we saw the highest number of ransomware attacks in the healthcare industry (especially hospitals). No matter your line of business, cyber security should be a major concern if your company uses computers of any kind or relies on an internet connection. Interviewer: Stefanus Arief Setiaji & Thomas Mola Note: This article is translated from the original bahasa articles. Please pardon the translated article for grammatical errors as we intentionally avoided intensive rewording to avoid changing the context of the original passage.   ...

Internal Technical Coordination Meeting with West Java Police Enforcement, sharing cyber security updates in Bandung, Indonesia
Event Press Release 24/05/2016

Internal Technical Coordination Meeting with West Java Police Enforcement, sharing cyber security updates in Bandung, Indonesia

The Technical Coordination Meeting was a private event hosted by West Java Police Enforcement, and was coordinated by the Regional Chief of West Java Police. The aim of the meeting was to discuss their future IT security programs and planning. Internal Technical Coordination Meeting with West Java Police Enforcement in Bandung, Indonesia During the event, a series of meetings took place with key officials from the West Java Police Enforcement team. A total of 150 personnel from the department attended the event. One of the event’s highlights was the participation of KAPOLDA JABAR Irjend Pol Drs Jodi Rooseto – Regional Chief of West Java Police. ARIM Technologies was invited to share updates on the latest cyber security news and trends. Over at our booth area, we had the opportunity to showcase enSilo, an innovative real-time platform mitigating the consequences of advanced attacks, and ObserveIT, a global leader in insider-threat-management. We were highly honoured to have been invited to this private event (alongside 3 other global vendors), and that we had the opportunity to introduce innovative cyber security solutions to the Local Law Enforcement team. We look forward to continuous engagements with the Local Law Enforcement team.   ...

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