NEC and EDB partner to build strategic capabilities in cybersecurity

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24 September 2014
NEC-EDB partnership on cybersecurity

NEC Corporation and the Singapore Economic Development Board (EDB) have announced a multi-year partnership to build strategic capabilities in cybersecurity through EDB’s Strategic Attachment and Training (STRAT) Programme.

The cybersecurity training programme is aimed at equipping qualified cybersecurity professionals and graduates with in-depth skills and capabilities in areas such as malware analysis, incident response, intrusion detection, digital forensics and vulnerability assessment.

The one-year programme will involve cybersecurity training in Singapore, as well as with one of NEC’s Security Operations Centres (SOC) in Japan, which will focus on developing cyber operator, analyst and incident responder skills. Training options also include working at one of NEC’s Regional Competency Centres or at an international partner agency, which will provide on-the-job-training in technical support for cyber operations, cyber forensics and malware analysis. Trainees will also have the option of working at NEC’s research laboratories on research and development projects.

The global shortage of qualified cybersecurity professionals has been highlighted in numerous reports. According to a Mckinsey and World Economic Forum report, delays in adopting cybersecurity capabilities could result in a loss of US$3 trillion in economic value by 2020 globally1. A global study by Frost & Sullivan also highlighted that hacking, cyber-terrorism and hactivism were top concerns identified by organisations, yet more than half felt that their security organisations were short-staffed2.

The EDB’s STRAT Programme aims to build up Singapore's manpower capabilities in strategic areas and sectors through overseas training and attachment with leading companies, and is open to Singaporean citizens and permanent residents. The signing ceremony for the partnership between EDB and NEC was held at Governmentware 2014 on 24 September 2014, at the Suntec Singapore International Convention & Exhibition Centre.