IRVINE, Calif., June 12, 2019 /PRNewswire-PRWeb/ -- The University of California, Irvine (UCI) Cybersecurity Policy & Research Institute (CPRI) today announced a U.S. Cybersecurity Trade Mission to Southeast Asia. Certified by the U.S. Department of Commerce, this trade mission is hosted by CPRI in partnership with the U.S. Commercial Service and the California State Trade Expansion Program (CA-STEP). The trade mission is sponsored in part through a grant from the U.S. Small Business Administration (SBA).
The U.S. Cybersecurity Trade Mission, visiting Singapore and Malaysia from Sept. 30 to Oct. 4, 2019, will introduce U.S.-based companies in cybersecurity-related sectors to businesses opportunities in the Southeast Asia region. The deadline for applications is Aug. 1, 2019. For more information, visit https://cpri.uci.edu/trade-mission/.
"Cyber threats are global and require global solutions. Empowering our allies and friends with the best technology and services that California and other U.S. companies have to offer is a win-win for the U.S. and Southeast Asia," said Bryan Cunningham, Founding Executive Director, UC Irvine Cybersecurity Policy & Research Institute (CPRI). "California's cybersecurity companies are among the best in the world, and, with the help of the state and U.S. governments, we will help export that knowledge and expertise to key countries in Southeast Asia."
"We are excited to partner with UCI CPRI and CA-STEP on the certified U.S. Trade Mission to Singapore and Malaysia, the first of its kind with a California educational institution. Our partnership with CPRI is key to advancing our shared interest in supporting California cybersecurity companies' international sales while creating more jobs here in the United States," said Tatyana Aguirre, Sr. International Trade Specialist, U.S. Commercial Service — Irvine, International Trade Administration, U.S. Department of Commerce.
The trade mission will enhance U.S. cybersecurity companies' ability to market their products in Southeast Asia by providing access, insights, visibility, credibility and connections not otherwise available.
Cybercrime is on the rise throughout Southeast Asia, with the region's rapid development of digital technologies making it a prime target for cybercriminals (Source: The ASEAN Post). This risk is heightened as ASEAN-member countries become more integrated via trade, capital flow and connectivity. According to the Asia Pacific Risk Centre, the global cost of data breaches is projected to reach US$2.1 trillion by 2019.
Enacted in March 2018, Singapore's Cybersecurity Act establishes a legal framework for the oversight and maintenance of national cybersecurity in Singapore. Singapore recently established a fund of SGD 190 million for cybersecurity research and development (Source:Export.gov). The focus is on developing products that are easy to use, intuitive and secure by design. Security in an IoT environment is another major area of focus. Singapore is one of the leading countries in the Association of Southeast Asian Nations' region to act on the growing need for cybersecurity (Source: ATKearney).
Malaysia's National Cyber Security Agency (NCSA) was established in February 2017 to help secure and strengthen Malaysia's resilience in facing the threats of cyberattacks. To protect its industries, especially the banking sector, the government is actively scouting for cybersecurity solutions, advanced technologies and foreign expertise in the field in order to create a safer cyberspace.
Benefits of the U.S. Cybersecurity Trade Mission:
- Access to business development opportunities, potential partners, agents, distributors, trade associations and business groups
- Insights on local business culture, legal and regulatory environment trends, public and private sector cybersecurity priorities and economic conditions
- Visibility through optional attendance at the Singapore International Cyber Week trade show (SICW)
- Credibility from a dedicated team of experts who will connect participants with the right people so they can expand their businesses to Southeast Asia
- Connections to key industry and government decision makers via one-on-one appointments and networking events, accelerating participants' ability to do business in this region. Connections include government officials and embassies, potential agents, distributors and joint venture partners.
Criteria: To qualify, companies must be headquartered in the United States and must certify their products as having at least 51 percent U.S. content. The trade mission is open to companies involved in the cybersecurity products and services industries.
Deadline: Application deadline is Aug. 1, 2019.
Cost: $1,500* or $3,310 for small companies without subsidies; $5,620 for medium-sized companies and $6,780 for large companies. Fees include one representative per company. Additional participants may join the trade mission for $725 each. Except as otherwise noted, expenses for travel, lodging, meals and incidentals will be the responsibility of each mission participant. *Available to qualifying small companies, with fees subsidized by CA-STEP.
Apply:
Small businesses: https://californiaexport.org/register/
Medium & large businesses: http://www.californiaexport.org/registration-large
For more information, visit: https://californiaexport.org/cyber-security-southeast-asia/
About the U.S. Commercial Service
The U.S. Commercial Service (CS), part of the U.S. Department of Commerce's International Trade Administration, offers companies a full range of expertise in international trade. The U.S. Commercial Service focuses on helping U.S. companies expand their international sales by connecting them to pre-screened partners overseas, advocating for U.S. firms competing for international tender opportunities, providing commercial diplomacy and helping to mitigate or remove trade barriers companies face around the world. Companies can find assistance locally in more than 100 U.S. Commercial Service offices nationwide and in more than 70 international offices.
About UC Irvine's Cybersecurity Policy & Research Institute
The UC Irvine Cybersecurity Policy & Research Institute (CPRI) is a comprehensive multidisciplinary effort, bringing together leaders from academia, a broad range of critical infrastructure businesses, law enforcement and other government agencies and the privacy and civil liberties community in an effort to combat cyber threats. CPRI is conducting research, policy development and community outreach to address cybersecurity's technical, legal, policy and human challenges. The institute is supported by the Donald Bren School of Information & Computer Science, the Henry Samueli School of Engineering, the School of Law and the Vice Chancellor for Research.
Incorporating relevant perspectives and leveraging UCI and community expertise and resources, CPRI is focused on building consensus around cybersecurity solutions at the intersection of technology, law and policy. For more information, visit https://cpri.uci.edu.
SOURCE UC Irvine Cybersecurity Policy & Research Institute
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