- HGC Global Telecommunications (HGC Global) will invest in a number of government development projects, including cyber security solutions, telecommunications and information and communications technology solutions for the Hong Kong Science Park and the Hong Kong-Shenzhen Science Park, which will have a direct and effective positive impact on the Hong Kong economy.
- HGC has extensive and in-depth knowledge in the field of cyber security. As the financial industry is one of the major industries subject to cybersecurity regulations, the firm can advise and manage clients at different stages, including Predict, Prevent, Detect and Respond.
- Under the general trend of digital transformation, the needs of major enterprises are different, and HGC is committed to designing and manufacturing exclusive comprehensive ICT solutions for enterprise customers to help them complete the digital transformation journey.
- HGC’s fixed monthly fee solution, “HGC Digital Office,” provides a one-stop cloud office solution that fully addresses the technology and digital optimization needs of smes.
- HGC continues to invest in cybersecurity protection solutions in China and overseas, introducing advanced products and services.
On February 23 HGC Global Telecommunications (HGC Global) hosted a media luncheon and talk on HGC’s telecommunications and information and communications technology (ICT) business in Hong Kong.
The representatives included Mr. Andrew Kwok, CEO of HGC, Mr. Alvin Wong, President of HGC Group – ICT Business, Technical Solutions and Products, Ms. Rainbow Huang, Vice President of HGC Corporate Marketing, Mr. Alex Chan, Vice President of Commercial Market of HGC Group, Mr. Loren Fung, Vice President of ICT Business of HGC Group, Mr. Henry Cheng, Vice President, Global Data Business, International Business and Mass Market Director Mr. Ben Wu, HGC Group Vice President – Advanced Technical solutions and services Mr. Daniel Ho and related media staff.
The conference highlighted the development direction of Hong Kong’s telecommunications industry in 2024 and the challenges posed by cyber security trends, while speakers shared the relevant preparations of the telecommunications industry on the Cyber Security (Critical Infrastructure) Bill and initiatives related to the telecommunications industry.
Here’s an exclusive video from BTW Media about the conference:
Present and Future
We saw unease among business leaders in this year’s CEO survey of 1,774 ceos in the region.The path ahead remains unclear. Their views on the global economy are split :45 percent expect it to decline in 2024, while 40 percent expect it to improve in 2024. Ninety-seven percent of current Asia-Pacific CEOs have taken at least some action, while 63 percent believe their company will no longer be viable in ten years if they continue on their current path.
Mr. Andrew Kwok, Chief Executive Officer, believes that HGC is committed to long-term investments that have a direct and immediate positive impact on the Hong Kong economy, in line with the Hong Kong Government’s development strategy, to enhance growth momentum and activate the Hong Kong economy, and to strategically invest in projects that can have a direct and timely positive impact on the Hong Kong economy. For example, the expansion of the optical fibre network to remote rural areas, and the detailed study of related development projects in the Northern metropolitan area, including the provision of telecommunications and ICT solutions to the Hong Kong Science Park and the Hong Kong-Shenzhen Innovation and Technology Park (HSITP).
At the same time, HGC’s ICT solutions that meet Hong Kong’s needs are: Observing that enterprises are facing operational difficulties, HGC leverages the regional intelligence of Hong Kong IT companies to provide affordable and cost-effective one-stop ICT solutions that can not only support enterprises through digital transformation and withstand the increasing cyber attacks, but also effectively control costs and allow enterprises to focus on their business development.
Finally, with Hong Kong as the center, HGC expands globally and connects the world. Today, HGC has provided quality and reliable network connectivity to over 100 global OTT companies, covering more than 30 countries, helping them expand worldwide and build a global business ecosystem of OTT service providers, Internet service providers (ISPs) and edge platforms.
Network security is an eternal topic
“One in every 44 organizations worldwide will attack by Ransomware!” , said by HKCERT.
Daniel Ho, Vice President – Advanced Technology Solutions and Services, HGC Environmental Power Group, said: “HGC, as one of the critical infrastructure operators, expresses its full support to the Security Bureau to introduce the Cyber Security (Critical Infrastructure) Bill in the second half of 2024 to set out the legal framework to significantly enhance resilience against cyber security challenges by adopting a proactive approach and establishing an efficient and systematic mechanism to manage and mitigate cyber risks.”
HGC maintains close communication with different stakeholders, and leverages the rich experience of local professionals and the knowledge of relevant cybersecurity laws or bills in other regions to proactively provide advice to the government. We hope that the government will introduce legislation that meets the real needs of Hong Kong, enhance the resilience of information security and enhance the competitiveness of Hong Kong enterprises.
Mr. Loren Fung, Vice President of ICT Business at HGC, believes that the financial industry is one of the major industries subject to cybersecurity regulations, and changes in the traditional banking landscape, such as the migration of digital payment solutions, have greatly increased the risk of cyber attacks.At the same time, the use of AI banks and financial organizations face more and more complex security hacking attacks under the popularity of artificial intelligence.Loren believes that HGC has extensive and in-depth knowledge in the field of network security, and can provide advice and management for customers at different stages, including Predict, Prevent, Detect and Respond. The BFSI CyberSecurity Blueprint was explained to the guests.
With HGC’s expertise and partnerships with different suppliers, including Chinese brands, we have worked with customers to practice many real cases of CRAF compliance.A holistic solution approach that includes different types and multiple layers of network security protection and monitors these operations with all the latest network security solutions including defense tools such as artificial intelligence under HGC’s Security Operations Center (SOC).As we all know, industries face dynamic challenges in the pursuit of cybersecurity.With limited resources and a myriad of potential vulnerabilities, enterprises often struggle to make critical decisions about what to protect and what to prioritize.
HGC launches corresponding solutions according to market
Ms. Rainbow Huang, Vice President of HGC Corporate Marketing, believes that under the general trend of digital transformation, the needs of major enterprises are different. HGC is committed to designing and designing exclusive comprehensive ICT solutions for corporate customers. Ensure that the solution is in line with the needs of the enterprise in the market, while addressing the shortage of IT talent within the enterprise to help enterprise customers complete the digital transformation journey.
HGC focuses on providing one-stop service for customers, no longer limited to providing stable network, ICT solutions and supporting digital installationTraditional telecommunications services, such as telecommunications, are expanding their scope of service by working with customers to design, plan and build a number of services
Projects, such as the use of ICT services to assist government departments in facilitating the digital transformation of public services, and the concept of a stop for schools and residential care homesTo demonstrate HGC’s ability to evolve from a traditional telecommunications provider (Telco) to a technology company (Techco).Help different types of customers digital transformation.
HGC Secure Broadband is the first commercial broadband on the market with built-in cybersecurity features. “There are 3Is braving Cyber-Threats: Identify(previously recorded threats and Zero-Day Attacks), Intercept(threats including Phishing, Ransomware, Viruses and Botnets etc.) and Inscribe( attacks in cloud databaseinstantly and synchronize too all users globally)”, said Mr. Alex Chan, Vice President of Commercial Market of HGC Group.
The 2023 Global Data Breach and Cyber Attack list has 8,214,886,660 records compromised. China introduced new regulations on data protection and cybersecurity in 2023, especially cross-border data transfer (CBDT).
“In the face of ever-changing cyber security threats, we need to constantly update and adjust our security response strategies.” Mr. Henry Cheng, Vice President, Global Data Business, International Business, mentioned in the share that “HGC launched its managed SASE service in September 2023 to address cross-border cybersecurity challenges. “The fully managed end-to-end solution, powered by Palo Alto Networks, helps businesses maintain data security and network performance across all their locations, applications and users.”
HGC understands this challenge and strives to provide solutions to ensure that customers’ data and network resources are fully protected.
In Southeast Asia, HGC provides Client Equipment (CPE) management services, a security service in the form of network equipment. This service helps enterprise customers manage and secure their network connections and provides the ability to monitor and respond to threats in real time.
SASE is a comprehensive security solution that combines networking and security capabilities for more efficient and unified secure access. DSOC provides 24X7 monitoring of internal and external security threats, incident response and threat intelligence services to help enterprise customers better respond to security threats in real time
