NTA Monitor (M) Sdn Bhd expects to double or triple its revenue from its Internet security testing and auditing services offered in Europe and the Asia-Pacific region this year.
The newly established company achieved a turnover of RM1mil last year from servicing its European customers in the banking/financial industry, and the retail sector such as Debenhams and Tesco Stores, including the British central and local governments.
We hope to extend our services to this region because companies are increasing their reliance on the Internet and they may not be aware of the security levels of their programs until they are tested, said NTA Monitor Ltd group managing director Roy Hills.
He was speaking after announcing the location for the group's Asia-Pacific regional headquarters in Kuala Lumpur. At the same event, the company also launched its regional Internet security testing (vulnerability testing) services.
Hills said that vulnerability (loopholes) existed in all programs as they became more and more complex and it was impossible to eliminate all the loopholes from a modern operating system within a commercially viable timeframe.
Therefore, there was simply no way to prove that the security measures in place were indeed performing as intended, no matter how extensive they were, without regular testing, he said.
The other benefits of security testing and auditing, he added, were not only preventive, but also a form of insurance.
According to a survey by the National ICT Security and Emergency Response Centre (Niser) in 2002, of all Internet abuse cases reported in Malaysia in the first nine months, 1,323 were spam-related, 449 were virus attacks and 260 hacking threats.
The survey also found that 75% of all organisations in Malaysia had experienced some form of ICT security breach in the past year.
The severity of an Internet security intrusion within an established company includes leakage of confidential information, loss of revenue, tarnished corporate image and frustrated on-line customers.
NTA Monitor Ltd, set up in 1997, is a leading security tester in Britain and Europe.
It provides a range of Internet security testing and auditing services to more than 350 government and corporate customers, including BMW, Bank of Tokyo, Bank of England, Lloyds TBS Bank and the cabinet office of Britain.