Local startup Munio is offering a package called ServerSure to Malaysian SMEs to mitigate their financial risks from cyber attacks. It provides a complete cybersecurity technology and assurance package.
“Munio was conceived as an answer to companies’ uncovered financial risks due to digital threats,” said Bernard Seah, business development director, Munio. “As first movers, we hope to educate the market on how to implement a comprehensive digital security plan. We aim to deliver complete, easy-to-understand digital risk solutions that will protect, assure, and insure our customers’ digital assets.”
Seah added that Munio’s first offerings are targeted towards the needs of SMEs because “this is an extremely relevant market as over 98% of business establishments in Malaysia are SMEs. This market is expected to contribute to over 40% of the nation’s total GDP, and are often the most digitally vulnerable.”
Under the package, Munio’s customers will have their digital assets protected by its technology partners such as SecureKi, Symantec, and FireEye, and underwritten by Chubb, one of the largest insurers in the world. Glocomp is the sole distributor for this cybersecurity bundle.
“All of us at Glocomp are excited to start rolling out our services to Malaysian businesses,” said Joseph Giam, executive director, Glocomp Systems. “With the escalating cybercrimes happening at our very doorsteps, such as the WannaCry ransomware, we must act now to prevent similar events from happening.”