Ekuiti Nasional Berhad (Ekuinas) has announced a strategic investment in Bluesify Solutions, a leading Malaysian Managed Security Service Provider (MSSP).
Founded in 2012 by Izman Ibrahim and Faroze Mohd Salleh, Bluesify offers a comprehensive suite of cybersecurity services. These include a 24/7 Managed Cyber Detection and Response Centre, Managed Threat Intelligence and Threat Hunting, Cyber Incident Response Services, and Cyber Resilience and Consulting Services. The company caters to a diverse clientele, including financial institutions, energy and infrastructure firms, healthcare providers, government agencies, and statutory bodies.
Ekuinas CEO Dato’ Syed Yasir Arafat Syed Abd Kadir said, “Cyberattacks have significantly increased in both scale and sophistication, impacting businesses and individuals alike. Our investment in Bluesify is a crucial step towards fortifying Malaysia’s cybersecurity landscape and ensuring businesses have the protection they need against escalating digital threats. With our growth capital, Bluesify is set to support the nation’s cybersecurity needs through further expansion of service offerings across the entire cybersecurity lifecycle and scaling up of its Managed Detection and Response (MDR) Center.
“At the same time, the Company aims to expand its footprint in regional markets, catering to the rising demand for advanced security solutions across Southeast Asia. Through Bluesify, Ekuinas will be able to capitalise on the fast-growing cybersecurity industry in Southeast Asia, which projected to grow at a compound annual growth rate of 9.5% from US$4.9 billion (RM 21.8 billion) in 2025 to US$7.1 billion (RM 31.3 billion) in 2029.”
Bluesify managing director Izman Ibrahim added, “This investment marks a transformative milestone for Bluesify. We look forward to working with Ekuinas to take Bluesify to the next phase of growth. Our unwavering commitment is to deliver cutting-edge, expert-driven, AI-based cybersecurity services that provide our clients with the highest level of protection in an ever-evolving digital landscape.”
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