Kuala Lumpur, 23 December 2019 – Dagang NeXchange Berhad (“DNeX”) has entered into an agreement with renowned cyber security solutions provider EC-Council International Ltd (“EC-Council”) to offer comprehensive cyber security services to large enterprises in Malaysia.
Under the agreement, EC-Council Global Services Sdn Bhd (“EGS”) will acquire 100 per cent of DNeX Technology Sdn Bhd, which operates a Security Operations Center (“SOC”) for major institutions in Malaysia and conversely, DNeX will acquire a 15 per cent stake in EC-Council Global Services Sdn Bhd (“EGS”), which offers comprehensive cyber security training, technology and professional services in Malaysia.
In 2018, DNEX signed an agreement with EC-Council Global Services to offer cyber security professional services in Malaysia and after attaining a successful journey, this agreement further solidifies the partnership between DNEX and EC-Council.
EC-Council is a global leader and an award-winning organisation in cyber security training, certification, consulting and services and is trusted to prepare cyber professionals from entities by the likes of Pentagon, Department of Defence, Federal Bureau of Investigation, US Secret Service, Government Communications Headquarters of the United Kingdom, Dell, Hewlett Packard, and Citigroup.
The company has been famed to train and collaborate with -organisations such as the International Telecommunications Union (an agency of the United Nations), National Security Agency and the Department of Homeland Security in the United States of America.
With global clients spread in over 192 countries, EC-Council offers comprehensive cyber security services and helps organisations understand and manage their cyber security risk posture effectively. EC-Council comprises advisory and technical teams with strong experience in information security consulting for the enterprise market.
Commenting on the move, Datuk Samsul Husin, Executive Deputy Chairman of DNeX said, “We believe this partnership with EC-Council is timely and bodes well with our strategy to bring gains in our current set-up while focusing on the Group’s core competencies.”
“With the advancement in digital technology and the development of more sophisticated cyber security that disrupt conventional businesses worldwide, we believe EC-Council has what it takes to push DNeX to new heights,” he added.
Mr Jay Bavisi, Group CEO & President of EC-Council said, “The team at EC-Council is excited as this partnership will enable us to bring our deep expertise in the area of enterprise cyber security to large enterprises in Malaysia. With the acquisition of the DNeX Technology, we will be able to offer world class comprehensive cyber security solutions and SOC services to enterprises in Malaysia and help them solve the people, process and technology challenge in cyber.”
He added that the synergies between DNeX and EC-Council will be realised through combining of their technical expertise, product portfolio and developmental capabilities.