Page 58 - Cyber Defense eMagazine January 2023

An important first step in a coordinated counterattack

This year’s second gathering of CRI filled me with optimism about stopping cybercriminals’ bleeding of
our resources and robbing us of our security. This is a global work in progress with great potential.
Multinational efforts come with exceeding complexity, given nations’ varying legal and regulatory authority
that can hinder actionable cooperation. I am gratified that we have taken the first step of developing a
universal framework that focuses on thwarting cybercrime for the benefit of all nations and organizations
operating within them. In the future, we can work towards finetuning the framework to respect the differing
governing laws of each jurisdiction.

With the lightning-speed, often undetectable nature of cyber intrusions and level of technological
connectedness that society exists in today, ransomware poses an existential threat to governments,
businesses, infrastructure, and individuals. Cybercrime is our global fight, and the public and private
sectors must combine knowledge, experiences, and insights to achieve a higher level of cyberthreat
prevention. I have seen this approach working firsthand in Singapore, where The Cybersecurity Agency
of Singapore’s Cyber Safe Partnership Programme collaborates with industry players to develop training
modules, products and services, and community outreach to raise awareness and encourage the
adoption of good cybersecurity practices. This supports the development and evolution of the country’s
foundational cybersecurity toolkit and encourages a healthy ecosystem of cooperation.

About the Author

Camellia Chan is the CEO and Founder of X-PHY, a Flexxon brand.
Since its inception in 2007, Camellia has grown Flexxon into an
international business with a presence in over 50 cities. With Camellia’s
passion for innovation and tech for good, Flexxon continues to expand
its essential suite of cybersecurity services through its flagship X-PHY
brand.

Camellia can be reached online at @XphySecure and at our company
website: https://x-phy.com/

Cyber Defense eMagazine – January 2023 Edition 58
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