Significant BlackBerry Cybersecurity Deal with the Government of Malaysia at APEC Leaders' Summit welcomed by Canadian and Malaysian Prime Ministers

Rhea-AI Summary

BlackBerry (BB) to Provide Full Suite of Cybersecurity Solutions to Government of Malaysia in Milestone Long-Term Deal

Positive

• The long-term software and services agreement between BlackBerry and the Government of Malaysia will strengthen the country's cybersecurity posture.
• The deal includes the establishment of a Cybersecurity Center of Excellence (CCoE) in Kuala Lumpur in 2024, aiming to reduce the country's shortfall of 12,000 cyber professionals.
• The CCoE will offer specialized training to advance Malaysian cybersecurity capacity and readiness, as well as 'always-on' cyber threat intelligence and incident response teams.
• The establishment of the CCoE is welcomed by the Government of Canada, which plans to work closely with BlackBerry and the Government of Malaysia to deliver cybersecurity capacity building assistance to Southeast Asia.

Negative

• None.

BlackBerry to provide full suite of cybersecurity solutions to Government of Malaysia in milestone long-term deal

SAN FRANCISCO, Nov. 17, 2023 /PRNewswire/ -- The Government of Malaysia and BlackBerry Limited (NYSE: BB; TSX: BB), today announced a long-term software and services agreement to strengthen Malaysia's cybersecurity posture. The landmark deal will enable the Malaysian Government to leverage the full suite of trusted BlackBerry® cybersecurity solutions, and support the integrity of the Malaysian Communications and Multimedia Commission (MCMC) while upskilling the nation's workforce with advanced cybersecurity technology and training.

The Malaysian public sector will benefit from secure, reliable, real-time access to BlackBerry software and services, hosted in a sovereign cloud. This includes BlackBerry's world-leading cybersecurity solutions powered by Cylance® AI to predict and prevent cyberattacks, NATO-certified BlackBerry® SecuSUITE® for secure communications, BlackBerry® UEM (Unified Endpoint Management) to protect government data among a roaming workforce, and BlackBerry® AtHoc® used by governments globally for critical event management and incident response.

BlackBerry also announced it will establish a world-class Cybersecurity Center of Excellence (CCoE) in Kuala Lumpur in 2024. The CCoE will offer specialized training to advance Malaysian cybersecurity capacity and readiness, with the goal of reducing the country's shortfall of 12,000 cyber professionals. The Government of Canada welcomed the establishment of the CCoE and plans to work closely with BlackBerry, the Government of Malaysia and the CCoE to deliver cybersecurity capacity building assistance to Southeast Asia, as mandated under Canada's Indo-Pacific Strategy.

The fast-growing economy of Malaysia is a strategic choice for BlackBerry's first CCoE in the Asia Pacific region, adding to the company's network of existing CCoEs in America, Canada, and Europe. The CCoE will offer cybersecurity education and training, as well as 'always-on' cyber threat intelligence and incident response teams to help the country safeguard against malicious cyber activity targeting businesses, governments, and infrastructure.  The CCoE also will enhance intelligence sharing between nations and expand BlackBerry's global threat intelligence network.

Malaysian Prime Minister Datuk Seri Anwar Ibrahim said, "To continue to grow, prosper and keep our nation's data and citizens safe, Malaysia must forge international partnerships that embrace cutting-edge technology, and invite foreign investment to rapidly scale up and train a world-class cybersecurity workforce. We are pleased to collaborate with BlackBerry to support Malaysia's goal to be a leading example of cyber-resilience – with the promise of data sovereignty, for our government information, data, and communications." 

Canadian Prime Minister Justin Trudeau said, "Cybersecurity is a key pillar of Canada's Indo-Pacific Strategy, which aims to advance peace, security, and cooperation in the region. Cybersecurity is a shared challenge that requires international cooperation, which is why we strongly support BlackBerry's Cybersecurity Center of Excellence in Malaysia, an important bilateral partner of Canada. By supporting Malaysia's future cyber-defenders and establishing stronger regional networks for the sharing of expertise between Canada and Southeast Asia, we can further strengthen the resilience and capacity of our two countries and the wider region to counter, deter and respond to cyber threats."

"With nearly 40 years in protecting governments and enterprises globally, BlackBerry is proud to partner with the Governments of Malaysia and Canada to enhance Malaysia's cybersecurity posture – proactively securing the nation's data and mission-critical communications, while also providing support for the management of critical incidents," said John Giamatteo, BlackBerry's Cybersecurity President. "I am also especially proud of the establishment of a BlackBerry Cybersecurity Center of Excellence in Malaysia, designed to support the Prime Minister's strategic goal of growing a skilled cybersecurity workforce and positioning Malaysia as a critical regional hub of threat intelligence."

Mr. Giamatteo will oversee the deployment of BlackBerry Cybersecurity solutions in Malaysia, and the establishment of the BlackBerry CCoE. Joining Mr. Giamatteo at the deal signing was BlackBerry's Chief Government Affairs and Public Policy Officer, Marjorie Dickman, who is responsible for strategic oversight of BlackBerry's global government relations and public policy operations, H.E. Tuan Ahmad Fahmi bin Mohamed Fadzil, Minister of Communications and Digital, Tan Sri Mohamad Salim bin Fateh Din, Executive Chairman of the MCMC, and other members of the Malaysian delegation at the APEC Leaders' Summit in San Francisco.

About BlackBerry

BlackBerry (NYSE: BB; TSX: BB) provides intelligent security software and services to enterprises and governments around the world. The company secures more than 500M endpoints including over 235M vehicles. Based in Waterloo, Ontario, the company leverages AI and machine learning to deliver innovative solutions in the areas of cybersecurity, safety, and data privacy solutions, and is a leader in the areas of endpoint security, endpoint management, encryption, and embedded systems. BlackBerry's vision is clear - to secure a connected future you can trust.

BlackBerry. Intelligent Security. Everywhere. 

For more information, visit BlackBerry.com and follow @BlackBerry.

Trademarks, including but not limited to BLACKBERRY and EMBLEM Design are the trademarks or registered trademarks of BlackBerry Limited, and the exclusive rights to such trademarks are expressly reserved. All other trademarks are the property of their respective owners. BlackBerry is not responsible for any third-party products or services.

Media Contacts:
BlackBerry Media Relations
+1 (519) 597-7273
mediarelations@BlackBerry.com 

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SOURCE BlackBerry Limited

FAQ

What cybersecurity solutions is BlackBerry providing to the Government of Malaysia?

BlackBerry is providing the full suite of trusted cybersecurity solutions, including Cylance AI-powered cybersecurity solutions, BlackBerry SecuSUITE for secure communications, BlackBerry UEM for Unified Endpoint Management, and BlackBerry AtHoc for critical event management and incident response.

What is the goal of establishing the Cybersecurity Center of Excellence (CCoE) in Kuala Lumpur?

The goal is to reduce the country's shortfall of 12,000 cyber professionals by offering specialized training to advance Malaysian cybersecurity capacity and readiness, as well as 'always-on' cyber threat intelligence and incident response teams.

How is the establishment of the CCoE in Malaysia being supported by the Government of Canada?

The Government of Canada plans to work closely with BlackBerry and the Government of Malaysia to deliver cybersecurity capacity building assistance to Southeast Asia, as mandated under Canada's Indo-Pacific Strategy.

What is the strategic significance of Malaysia for BlackBerry's first CCoE in the Asia Pacific region?

The fast-growing economy of Malaysia is a strategic choice for BlackBerry's first CCoE in the Asia Pacific region, aiming to enhance intelligence sharing between nations and expand BlackBerry's global threat intelligence network.