Latest news with #TedSuen
Malaysian Reserve
12 hours ago
- Business
- Malaysian Reserve
LPS and QAX Announce Strategic Partnership for Cybersecurity, Unveiling Security Operation Centre and End-to-End Security Services
The duo's first joint Security Operation Centre (SOC) in Hong Kong addresses the urgent need for advanced cybersecurity defenses amidst surging cyber threats. The new SOC harnesses LPS' decades of managed services leadership and QAX's stellar cybersecurity track record to fortify enterprises with cyber threat protection. HONG KONG, June 20, 2025 /PRNewswire/ — Lenovo PCCW Solutions (LPS) announces the launch of the first Security Operation Centre (SOC) in collaboration with leading Chinese cybersecurity firm, Qi An Xin Technology Group (QAX), aiming to address a critical market need for end-to-end managed security operation services to combat increasingly complex cyber threats. Powered by QAX's advanced threat detection and prevention technologies, as well as its global threat intelligence capabilities, alongside LPS' industry leading managed services, the SOC is located in Hong Kong and offers 24/7 security operation services. The SOC will empower enterprises to embrace AI technologies while ensuring compliance and fortified protection. The Asia-Pacific region is a major hotspot for cyberattacks due to the rapid proliferation of digital technology, with the largest recorded data breach to date costing up to USD 20 million[1]. Hong Kong experienced a similarly alarming trend in 2025, as the Hong Kong Computer Emergency Response Team Coordination Centre (HKCERT) reported a 67%[2] year-on-year increase in cybersecurity incidents during the first quarter alone. The city's regulatory framework has been growing in response, with standards like the Protection on Critical Infrastructures (Computer Systems) Bill, the Insurance Authority's revised Guideline on Cybersecurity (GL20), and the updated Government IT Security Guideline (G3) requiring organizations to strengthen cybersecurity defences, enhance employee awareness, and align with compliance frameworks to mitigate risks. The strategic partnership integrates advanced AI-powered threat detection with human expertise to deliver comprehensive cybersecurity protection for enterprises. Key features include offensive and defensive security services, along with a security dashboard that visually presents vulnerabilities, attacker behavior, and overall risk levels – enabling enterprises to better understand and manage their security risk. LPS' expertise in Hong Kong's IT ecosystem and unique cross-industry knowledge will be an invaluable asset for enterprises faced with the unique challenges of the dynamic cybersecurity landscape. 'With the accelerating pace of digital transformation and the rise of cyber threats, the demand for secure and resilient digital ecosystems is greater than ever before. Our SOC will address the critical need for advanced cybersecurity solutions.' said Dr. Ted Suen, President of LPS, further elaborating that, 'LPS is committed to collaborating with cybersecurity leaders like QAX to integrate advanced emerging technologies, actionable threat intelligence, and extensive industry expertise into our security offerings, empowering enterprises to navigate the digital age with safety and confidence.' Meanwhile, QAX boasts a proven track record of defending against high-profile cyberattacks – including at the 2022 Beijing Winter Olympics where they successfully achieved zero incidents. QAX's cybersecurity specialists also possess comprehensive capabilities for mitigating security risks in large language models (LLM), providing enterprises with enhanced protection through their proprietary LLM security solution. Qi Xiangdong, Chairman of QAX Group, said: 'Our partnership with LPS to launch the first SOC in Hong Kong reflects our shared dedication to protect clients' valuable assets and data. QAX will work together with partners, leveraging proprietary technologies and years of accumulated expertise in safeguarding national projects to advance the implementation of cybersecurity technologies, enhance localized operations and service capabilities, and provide enterprises with robust tools to navigate an increasingly complex and dynamic threat landscape.' The establishment of the SOC heralds a new era for cybersecurity in Hong Kong, offering a comprehensive, 24/7 shield against cyber threats. LPS will continue to enhance its security services as a trusted digital advisor and look to build on this milestone partnership with QAX to drive secure growth and digital transformation for clients across the Asia Pacific region. About Lenovo PCCW Solutions (LPS) LPS is a leading IT and technology solutions provider in the Asia Pacific region. We partner with governments and enterprises to achieve digital transformation excellence, driving business growth through our market-leading solutions and industry best practices. As a proud member of Lenovo Group, we have unlocked new synergies with Lenovo's global reach and technological capabilities, focusing on AI, data practice, cloud and cybersecurity. With our 4,000+ team of domain experts and a strong network of ecosystem partners, LPS is committed to providing cutting-edge AI-powered solutions and data best practices to enable organizations to excel in their digital journey. About QAX Technology Group QAX is the largest cybersecurity company based in China, and a leader in cybersecurity industry, providing new generation enterprise – level and national – level cybersecurity solutions. Years of R&D and innovation accumulated from cyber offense and defence practice, QAX has reinforced the strength in big data, AI, machine learning and security operation. As the official cybersecurity services and anti – virus software sponsor of the Olympic and Paralympic Winter Games Beijing 2022, QAX successfully secured the Olympic – Games with zero – cyber incident. [1] Source: 2024 Global Digital Trust Insights, PwC [2] Source: Hong Kong Security Watch Report (Q1 2025), HKCERT
Korea Herald
12 hours ago
- Business
- Korea Herald
LPS and QAX Announce Strategic Partnership for Cybersecurity, Unveiling Security Operation Centre and End-to-End Security Services
HONG KONG, June 20, 2025 /PRNewswire/ -- Lenovo PCCW Solutions (LPS) announces the launch of the first Security Operation Centre (SOC) in collaboration with leading Chinese cybersecurity firm, Qi An Xin Technology Group (QAX), aiming to address a critical market need for end-to-end managed security operation services to combat increasingly complex cyber threats. Powered by QAX's advanced threat detection and prevention technologies, as well as its global threat intelligence capabilities, alongside LPS' industry leading managed services, the SOC is located in Hong Kong and offers 24/7 security operation services. The SOC will empower enterprises to embrace AI technologies while ensuring compliance and fortified protection. The Asia-Pacific region is a major hotspot for cyberattacks due to the rapid proliferation of digital technology, with the largest recorded data breach to date costing up to USD 20 million [1]. Hong Kong experienced a similarly alarming trend in 2025, as the Hong Kong Computer Emergency Response Team Coordination Centre (HKCERT) reported a 67% [2] year-on-year increase in cybersecurity incidents during the first quarter alone. The city's regulatory framework has been growing in response, with standards like the Protection on Critical Infrastructures (Computer Systems) Bill, the Insurance Authority's revised Guideline on Cybersecurity (GL20), and the updated Government IT Security Guideline (G3) requiring organizations to strengthen cybersecurity defences, enhance employee awareness, and align with compliance frameworks to mitigate risks. The strategic partnership integrates advanced AI-powered threat detection with human expertise to deliver comprehensive cybersecurity protection for enterprises. Key features include offensive and defensive security services, along with a security dashboard that visually presents vulnerabilities, attacker behavior, and overall risk levels – enabling enterprises to better understand and manage their security risk. LPS' expertise in Hong Kong's IT ecosystem and unique cross-industry knowledge will be an invaluable asset for enterprises faced with the unique challenges of the dynamic cybersecurity landscape. "With the accelerating pace of digital transformation and the rise of cyber threats, the demand for secure and resilient digital ecosystems is greater than ever before. Our SOC will address the critical need for advanced cybersecurity solutions." said Dr. Ted Suen, President of LPS, further elaborating that, "LPS is committed to collaborating with cybersecurity leaders like QAX to integrate advanced emerging technologies, actionable threat intelligence, and extensive industry expertise into our security offerings, empowering enterprises to navigate the digital age with safety and confidence." Meanwhile, QAX boasts a proven track record of defending against high-profile cyberattacks – including at the 2022 Beijing Winter Olympics where they successfully achieved zero incidents. QAX's cybersecurity specialists also possess comprehensive capabilities for mitigating security risks in large language models (LLM), providing enterprises with enhanced protection through their proprietary LLM security solution. Qi Xiangdong, Chairman of QAX Group, said: "Our partnership with LPS to launch the first SOC in Hong Kong reflects our shared dedication to protect clients' valuable assets and data. QAX will work together with partners, leveraging proprietary technologies and years of accumulated expertise in safeguarding national projects to advance the implementation of cybersecurity technologies, enhance localized operations and service capabilities, and provide enterprises with robust tools to navigate an increasingly complex and dynamic threat landscape." The establishment of the SOC heralds a new era for cybersecurity in Hong Kong, offering a comprehensive, 24/7 shield against cyber threats. LPS will continue to enhance its security services as a trusted digital advisor and look to build on this milestone partnership with QAX to drive secure growth and digital transformation for clients across the Asia Pacific region. About Lenovo PCCW Solutions (LPS) LPS is a leading IT and technology solutions provider in the Asia Pacific region. We partner with governments and enterprises to achieve digital transformation excellence, driving business growth through our market-leading solutions and industry best practices. As a proud member of Lenovo Group, we have unlocked new synergies with Lenovo's global reach and technological capabilities, focusing on AI, data practice, cloud and cybersecurity. With our 4,000+ team of domain experts and a strong network of ecosystem partners, LPS is committed to providing cutting-edge AI-powered solutions and data best practices to enable organizations to excel in their digital journey. About QAX Technology Group QAX is the largest cybersecurity company based in China, and a leader in cybersecurity industry, providing new generation enterprise - level and national - level cybersecurity solutions. Years of R&D and innovation accumulated from cyber offense and defence practice, QAX has reinforced the strength in big data, AI, machine learning and security operation. As the official cybersecurity services and anti - virus software sponsor of the Olympic and Paralympic Winter Games Beijing 2022, QAX successfully secured the Olympic - Games with zero - cyber incident.
Yahoo
4 days ago
- Business
- Yahoo
ASTRI New CEO Ir Dr Ted Suen on Board Next Month
HONG KONG, June 16, 2025 /PRNewswire/ -- The Hong Kong Applied Science and Technology Research Institute (ASTRI) has announced the appointment of Ir Dr Ted Suen as its Chief Executive Officer (CEO), effective 2 July 2025, for a three-year term. Ir Sunny Lee, Board Chairman of ASTRI, extended a warm welcome to Ir Dr Suen and commended his extensive experience in senior positions within the technology sector coupled with proven expertise in managing large enterprises, driving digital transformation, and commercialising technology solutions. Ir Lee also recognised Ir Dr Suen's strong passion for advancing the practical application of technology, describing him as an ideal talent for the role. "We have full confidence in Ir Dr Suen's leadership," said Lee. "Under his guidance, ASTRI will further enhance its research and development capabilities and strengthen its position as a trusted partner for enterprises undergoing technology upgrades. By translating more research outcomes into real-world applications across diverse industries, ASTRI will deliver tangible benefits to society. He will also drive ASTRI to contribute more to solidifying Hong Kong's position as an international innovation and technology hub, while contributing to our country's efforts to cultivate new quality productive forces." Ir Dr Ted Suen expressed his gratitude for the opportunity to lead ASTRI, stressing the pivotal role of innovation and technology in strengthening Hong Kong's competitive edge while driving social progress and economic growth. "It is an honour to join the ASTRI team. With the support of the HKSAR Government and the Board of Directors, ASTRI will deepen its engagement with stakeholders across the innovation and technology ecosystem, fostering closer collaboration among government, industry, academia, research and investment sectors. This will accelerate the process of industrial upgrading through technology as well as commercialisation of scientific research. I am committed to further enhancing the value of ASTRI's technological achievements, seizing opportunities to expand into both Mainland China and international markets." Extensive Experience and International Recognition Ir Dr Suen has over 30 years of IT experience, specialising in IT outsourcing services, large-scale system integration and digital transformation. Prior to ASTRI, he served as President of Lenovo PCCW Solutions (LPS) and Executive Director of Digital Mobility and Chief Technology Officer of the NEOM Land Mobility Department for Saudi Arabia's globally renowned mega city project. He also spent a decade as Chief Information Officer of MTR Corporation Limited, where he spearheaded digital transformation initiatives and managed highly intricate global IT operations. His industry contributions have earned him numerous accolades, including the 2012 China Top 5 CIO Award, the 2013 Hong Kong CIO Award for Large Enterprises, the 2013 China Best Value CIO Award, the 2014 Asia CIO Award, and the 2019 ASEAN Top 20 CIO Award. Serving as the President of Hong Kong Computer Society from 2017 to 2021, he was bestowed the Medal of Honor from the HKSAR Government in 2020 for his contributions to local ICT talent cultivation and development, and was appointed Adjunct Professor of City University of Hong Kong from 2020 to 2022 and currently an Honorary Professor of Hong Kong Metropolitan University. He holds a Doctorate in Business Administration from SBS Swiss Business School, a Master's Degree in Professional Accounting from Charles Sturt University and double degrees in Economic and Science from the Australian National University. Ir Lee expressed his appreciation to Dr Ying Huang, Chief Technology Officer; Ir Chris Chong, Chief Operating Officer; and Ms Cammy Yung, Chief Financial Officer for their dedication in sharing interim CEO responsibilities during the transition period. Photos Download: About ASTRI Hong Kong Applied Science and Technology Research Institute (ASTRI) was founded by the Government of the Hong Kong Special Administrative Region in 2000 with the mission of enhancing Hong Kong's competitiveness through applied research. ASTRI's core R&D competence in various areas is grouped under five Technology Divisions: Advanced Electronic Components and Systems; Artificial Intelligence and Trust Technologies; Communications Technologies; Intelligent Perception and Control Technologies, and IoT Sensing and AI Technologies. It is applied across six core areas which are Smart City, Financial Technologies, New Industrialisation and Intelligent Manufacturing, Digital Health, Application Specific Integrated Circuits and Metaverse. Over the years, ASTRI has nurtured a pool of research, I&T talents and received numerous international awards for its pioneering innovations as well as outstanding business and community contributions. ASTRI has transferred more than 1,500 technologies to the industry and has been granted over 1,100 patents in the Mainland, the United States, and other countries. For further information, please visit View original content to download multimedia: SOURCE Hong Kong Applied Science and Technology Research Institute (ASTRI) Sign in to access your portfolio
