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NTT launches cyber security services unit with $250 million investment

News: IT and communications provider launches dedicated security services.

By Alexander Sword

NTT Group has officially launched NTT Security as a specialised security company within NTT.

Backed with a capital fund of 25.5 billion yen, around $250 million, the new unit combines NTT capabilities such as advanced analytics technologies, threat intelligence and security experts.

It will provide managed security services, including a 24 hour security analyst and proprietary advanced security information analysis platform to enable real-time threat detection and validation. It will also provide severity determination, reporting, remediation advisory and immediate isolation and protection.

Other services include specialised security professional services, with technical support and advisories based on specialised expertise.

NTT Security will start operations with a direct presence in 14 countries, headquartered in Tokyo with three other regional headquarters in USA, Europe and Asia Pacific.

Led by CEO Jun Sawada, currently senior executive VP of NTT, the unit will have 1400 employees.

The unit is fully owned by NTT.

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Telecoms providers such as NTT are taking an increasing role in providing security, with the oversight telcos have over the network a key reason why they are well placed to offer security services.

In March, Vodafone launched the Vodafone Enterprise Security Services (VESS) line of business, which will provide businesses with cyber security technologies and support.

BT, which has had a cyber security business for several years is planning to hire 900 more cyber-security staff this year. In September 2015, the provider opened a cyber security centre to show that it can respond in real time to online cyber threats. Other initiatives have included an ethical hacking service for the automotive industry to help protect connected cars.

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