VCI Global Secures Exclusive Distributorship for Military-Grade AI-Powered Cybersecurity Solution in the US$280 Billion Global Market

KUALA LUMPUR, Malaysia, Jan. 15, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global,” or the “Company”), is proud to announce its exclusive distributorship of Secure Encryption Storage Limited (“SES”) for Data Security Solutions (“SES Solutions”) in Malaysia. Powered by AI, SES Solutions provide advanced features such as real-time threat detection, virus defense, data encryption, and multi-channel backup. Trusted by over 300 clients, including Fortune 500 companies and government agencies, SES is a leading choice for safeguarding enterprise data and combating cyber threats.

According to Check Point Research, the urgency of addressing cybersecurity risks is highlighted by a 30% year-over-year increase in global cyberattacks, with organizations facing an average of 1,636 cyberattacks per week. In response to the rising threat landscape, leading technology players have taken significant steps to enhance data protection. Inetum has partnered with Rubrik, Inc. to improve data protection and recovery, while IBM Corporation launched the Guardium Data Security Center, offering AI and quantum-safe features for unified data protection. At the same time, Salesforce, Inc. has completed its US$1.9 billion acquisition of Own Company, leveraging the latter’s data protection and management solutions to enhance the security and compliance of customer data across the Salesforce platform. These strategic initiatives reflect the increasing demand for robust cybersecurity solutions.

According to Statista, the global cybersecurity market is projected to reach around US$280 billion by 2029, fueled by advancements in AI and the growing need for enhanced security. In Malaysia, the cybersecurity market is expected to grow from around US$500 million in 2025 to approximately US$800 million by 2029. In response to this growth, VCI Global is positioning itself to capture 3% of the Malaysian market, with expected revenues surpassing US$15 million within the first two years of its partnership.

“Securing the exclusive distributorship of SES Solutions in Malaysia is a major step forward in our strategy to expand within the dynamic cybersecurity sector. Looking ahead, VCI Global plans to expand into neighboring countries in Asia, and eventually into Europe and the US, bringing cutting-edge cybersecurity solutions to a broader global market,” said Dato’ Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global.

About VCI Global Limited

VCI Global is a diversified holding company headquartered in Kuala Lumpur, Malaysia. The Company operates through five core businesses: Capital Market Consultancy, Fintech, Real Estate, AI & Robotics, and Cybersecurity. In Capital Market Consultancy, we provide IPO solutions, investor relations (IR) and public relations (PR) consultancy, and M&A consultancy. Our Fintech arm offers a proprietary financing platform. In Real Estate, we offer specialized real estate consultancy services. The AI business delivers GPU servers, GPU cloud computing services, AI and large language model (LLM) solutions, while the Robotics segment focuses on post-harvest robotics systems. Our Cybersecurity segment provides comprehensive cybersecurity consultancy services and solutions. Committed to fostering innovation and delivering exceptional value, VCI Global has established a strong presence across the Asia-Pacific region, the United States, Europe, and the Middle East, driving growth and transformation on a global scale.

For more information on the Company, please log on to https://v-capital.co/. 

About Secure Encryption Storage Limited

Secure Encryption Storage Limited is a professional data security service provider. Focusing on data protection, providing one-stop data security services and one-stop software and hardware solutions. Continuously committed to improving customer data protection and security, empowering customer business data security, and ensuring the security of digital assets.

For further details about the Company, please visit https://www.secures.hk/.  

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements that are subject to various risks and uncertainties. Such statements include statements regarding the Company’s ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. These forward-looking statements are based only on our current beliefs, expectations, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict and many of which are outside of our control. Therefore, you should not rely on any of these forward-looking statements. Actual results could differ materially from those described in these forward-looking statements due to certain factors, including without limitation, the Company’s ability to achieve profitable operations, customer acceptance of new products, the effects of the spread of coronavirus (COVID-19) and future measures taken by authorities in the countries wherein the Company has supply chain partners, the demand for the Company’s products and the Company’s customers’ economic condition, the impact of competitive products and pricing, successfully managing and, general economic conditions and other risk factors detailed in the Company’s filings with the United States Securities and Exchange Commission (“SEC”). The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update the forward-looking statements in this release, except in accordance with applicable law.

CONTACT INFORMATION:

For media queries, please contact:

VCI GLOBAL LIMITED
enquiries@v-capital.co


VCI Global Secures Exclusive Distributorship for Military-Grade AI-Powered Cybersecurity Solution in the US$280 Billion Global Market


THỦ THUẬT HAY

Hướng dẫn tải file ISO của Windows 10 về máy tính

Dưới đây là các bước hướng dẫn để tải file ISO Windows 10 chính thức từ Microsoft về máy tính.

3 cách xem Căn cước công dân gắn chip làm xong chưa tại nhà cho bạn

Sau khi làm thẻ CCCD gắn chip đã lâu mà bạn vẫn chưa nhận được thẻ, thì có thể kiểm tra xem CCCD của mình đã làm rồi hay chưa. Đây là những cách xem Căn cước công dân làm xong chưa...

Hướng bật tính năng tự động dọn dẹp máy tính, xóa file rác trong Windows 10 Fall Creators Update

Windows 10 Fall Creators Update đã được tích hợp thêm tính năng mang tên Storage Sense. Tính năng này sẽ giúp tự động giải phóng dung lượng trên thiết bị của bạn bằng cách xóa các tệp tạm thời do phần mềm tạo ra và các

Cách chia nhiều màn hình để quản lý công việc trong Chrome

Thông thường, người dùng sẽ chọn cách nhấn tổ hợp phím để căn chỉnh chia màn hình. Tuy nhiên lại mất khá nhiều thời gian, nếu sử dụng công cụ thì chỉ mất thời gian tương đương với một click chuột.

Hàng loạt thủ thuật vui trên Google mà có thể bạn chưa biết!

Google có rất nhiều ứng dụng giúp ích rất nhiều cho người dùng, trong đó công cụ tìm kiếm Google chắc hẳn ai dùng Internet trong thời đại ngày nay cũng phải biết.

ĐÁNH GIÁ NHANH

Đánh giá chi tiết Apple iPhone 7: quái vật tí hon đã hoàn thiện hơn

Chống nước, âm thanh stereo và dung lượng bộ nhớ trong có lớn hơn, hiệu năng có tốt hơn đó là những nâng cấp mà chúng ta phải thừa nhận là Apple đã làm tốt so với năm ngoái.

Đánh giá Vivo V7: Màn hình tràn viền, camera selfie khủng có giúp V7 nổi bật?

So với Vivo V7+, V7 không có bất kì khác biệt nào về ngôn ngữ thiết kế. Máy vẫn trung thành với chất liệu giả kim loại giống như mẫu V7+, cùng các góc cạnh được bo tròn mềm mại kết hợp với tỉ lệ màn hình 18:9 giúp cho