Having traversed the pivotal year of digital transformation and cloud data migration, the era is becoming increasingly dynamic, marked by the rapid emergence of various new technologies. Currently, Taiwanese enterprises are confronting a novel crisis—cybersecurity. This time, the impact is broader, deeper, and more challenging, with Taiwan arguably being one of the most significantly affected hubs in this crisis.
The figure on the left is Mayo CEO, Mr. Chien Shih-Ping, and on the right is Netron CEO, Mr. Lee Shang-Hsiu.
In October 2022, Taiwan witnessed its first-ever massive personal data breach, with 23 million records exposed and illicitly traded. Before the midpoint of 2023, major corporations have been embroiled in a series of data leakage scandals.
"For most foreign businesses today, no matter how well the system functions, if the cybersecurity is not up to par, they don't even want to take a glance at it." Leading Brand in Human Resources Systems MAYO CEO Chien Shih-Ping stated. MAYO currently serves over 1,300 clients, including numerous well-known publicly listed companies, multinational corporations, and foreign enterprises, with a notable presence among Fortune Global 500 companies.
According to IMPERVA's cloud service report, data indicates that Taiwan ranks as the second most severely affected country globally by network layer DDoS attacks, following only the United States. These attacks set new records in terms of traffic, frequency, and complexity, with the financial industry, public relations sector, and entertainment industry being the most significantly impacted.
The global crisis is second only to the United States! MAYO, a leading brand in human resources systems, emphasizes the importance of adopting professional cloud solutions for clients to feel confident in collaboration.
Netron, the leading brand in cloud security for Taiwanese enterprises, CEO Lee Shang-hsiu analyzed that starting from last year, Taiwan has experienced an increasing number of cyber attacks. In just the year 2022, Netron gained collaboration agreements with over 600 new clients, contributing to a total increase of approximately 1,650 clients over the past two years. Many of these clients come from the financial and manufacturing sectors."The growth trend is evident; just last year, we handled 900,000 attacks for our clients."
The significant surge is undeniably related to the wave of digital transformation driven by the pandemic. The COVID-19 outbreak compelled many businesses to adopt cloud services, providing employees with the convenience of cloud-based attendance tracking, leave management, and approvals. In the era of heightened cybersecurity awareness, the adoption of cloud-based human resources systems that manage confidential data such as employee salaries and contact information has become even more crucial. In response, MAYO has decided to collaborate with Netron and implement the world-class cybersecurity tool IMPERVA Cloud Firewall Service, reinforcing comprehensive monitoring and protection of data. This strategic move positions IMPERVA Cloud Firewall Service as a key element in MAYO's ability to captivate a vast customer base. The use of a **Security Operations Center (SOC)** is instrumental in managing and monitoring these cyber threats in real-time.
Netron CEO Li Shang-Hsiu pointed out that just last year, Netron successfully fended off 900,000 cyber attacks on behalf of its clients.
The IMPERVA report further indicates that compared to 2021, the volume of application layer DDoS attacks has increased by 82%. The global financial services sector has seen a surge of 121% in attack rates. Up to 46% of enterprises have been targeted, with a significant portion experiencing repeated attacks. As the strength of attacks continues to escalate, how can Taiwanese businesses adequately prepare and stand firm in this era of constant threats?
We lack cybersecurity talent! In the race against attacks, every second counts. MAYO adopts Imperva cloud services and actively invests in training its employees, including training for effective use of a **SOC Security** system.
At the end of 2021, the Financial Supervisory Commission (FSC) in Taiwan amended regulations, stipulating that listed and over-the-counter companies must establish a Chief Information Security Officer (CISO) position and a dedicated cybersecurity unit by the end of 2022 to 2023. At that time, the industry estimated that, driven by the new regulations, Taiwan would face a shortage of over 20,000 cybersecurity professionals. With the implementation of the law, it became evident to the public that Taiwan's cybersecurity talent gap was significant and could not be ignored. Introducing external support and collaborating with cloud cybersecurity vendors are essential strategies to address the shortage of cybersecurity talent in businesses, especially for resolving issues promptly and effectively when internal personnel are unavailable.
Li Shangxiu, citing an IMPERVA report, further exemplified that 70% of attacks occur within a 15-minute timeframe, often in the form of DDoS attacks. While many international giants rely on Service Oriented Architecture (SOA) that takes up to 15 minutes to activate, MAYO, utilizing IMPERVA services
