CHT Security held an investors conference on Tuesday (Aug. 13) announcing it will list on Taiwans OTC market on Aug. 20 with the stock number 7765 and a subscription price of NT$220 (US$6.82) per share, with Yuanta Securities as the lead underwriter.Founded at the end of 2017, CHT Security is a leading cybersecurity professional services provider in Taiwan, with a capital of NT$363 million. Its main business includes internet security, professional cybersecurity services, and cybersecurity product sales. Since its establishment, the company has been consistently profitable, with annual revenue and profits growing by 20-30%. It has been honored with the highest 5A rating by the Executive Yuans cybersecurity evaluation for five consecutive years and was recognized by Frost Sullivan as Taiwans best cybersecurity service company for three consecutive years. The current Chairman is Max Chen, and the General Manager is Jeff Hung. The subscription price for the OTC listing is NT$220 per share, with Yuanta Securities Co., Ltd. as the lead underwriter.CHT Security is a cybersecurity professional services subsidiary of Chunghwa Telecom Co., Ltd. (referred to as CHT) and is a leading cybersecurity company in Taiwan. It serves over 300 large enterprises, more than 40,000 small and medium-sized enterprises, and nearly 1 million individual and household clients. Its corporate clientele includes government agencies, financial institutions, high-tech companies, healthcare, retail, and critical infrastructure sectors, with extensive experience in cybersecurity defense and offense. In 2023, CHT Securitys revenue was NT$1.696 billion, with a pre-tax profit of NT$339 million and earnings per share of NT$7.8. For the first half of 2024, revenue reached NT$856 million, with a net profit of NT$193 million and net earnings per share of NT$5.35, reflecting continued revenue and profit growth.CHT Security holds international certifications including ISO 27001, ISO 27701, ISO 20000, ISO 17025, and IEC 62443 CBTL. Its SOC services and in-house products, such as SecuTex NP/ED and CypherCom end-to-end encryption communication system, have won the COMPUTEX Best Choice Award for three consecutive years, demonstrating its professional strength and service quality.Looking ahead, CHT Security will continue to focus on stable growth and expanding its market leadership. The company plans to invest in technology, leverage AI and cloud technologies to enhance cybersecurity for clients, explore new areas such as low-Earth orbit satellites and drones, and innovate for value creation. It will also develop proprietary products to boost international competitiveness, actively explore new markets in Southeast Asia and beyond, and partner with CHTs overseas subsidiaries to serve Taiwanese and international clients, aiming to become a globally recognized cybersecurity brand.CHT Security Co., Ltd. Management Team. Photo provided by CHT SecurityFrom left to right: Tsai Jian Gang, Vice President of CHT Security; Hung Jin Fu, General Manager of CHT Security; Shui-Yi Kuo, Chairman of Chunghwa Telecom; Chen Ming Shi, Chairman of CHT Security; Wen Ya Ru, Vice President of CHT Security; Wang Xin Fu, Vice President of CHT Security.

CHT Security successfully shared insights on the Current Cybersecurity Status and Countermeasures for Enterprises at the 2024 Taiwan Security Solution Day event in Tokyo. During the event, we introduced three core products: SecuTex Network Protection, SecuTex Endpoint Detection, and the CypherCom End-to-End Encryption System. These innovative solutions showcased our cutting-edge technology and expertise in the field of cybersecurity.We extend our heartfelt thanks to all the attendees for their participation and support, which made this event even more successful. We will continue to provide the latest cybersecurity information and solutions, and we look forward to meeting you again at future events!

CHT Securitys in-house product CypherCom (End-to-End Encryption System, E2EE) has emerged as a standout among numerous international competitors, winning the 2024 COMPUTEX Best Choice Award Golden Award.This secure communication system employs hardware security technologies such as Slim SIM or Bluetooth Token, combined with an app to achieve 256-bit end-to-end encryption (E2EE). It is designed for governments and enterprises that require high-intensity communication security to protect sensitive information, such as VoIP, text, audiovisual files, and business secrets. Even in satellite communication environments, it provides stable and secure communication services using low-bandwidth modes and encoding compression technology. This recognition marks the third consecutive year that CHT Security has received the BC Award.President Lai Ching-Te presented the Best Choice Golden Award to Jeff Hung, the General Manager of CHT SecurityIn the past, people have relied on voice calls, emails, or communication software for communication and data transmission, all of which may face the risk of man-in-the-middle(MITM) attacks, leading to concerns about confidential leaks or eavesdropping. CypherCom employs hardware-based encryption, which ensures greater security compared to communication software using software encryption. With CypherCom, only the sender and receiver can access the content, and neither network nodes nor communication platforms in between can decrypt it.Governments or enterprises can establish their own exclusive secure communication system by installing CypherCom (End-to-End Encryption System, E2EE) in their data centers or cloud servers. By managing and distributing Slim SIMs to employees, personnel can access the system simply by connecting to the internet, without needing to change their phones or switch numbers, ensuring highly secure communications.Jeff Hung, the General Manager of CHT Security, expressed gratitude to the judges for their recognition of CypherCom. He stated, Let our expertise be acknowledged worldwide and position us as one of the few cybersecurity companies among the high-tech companies awarded the BC Award Golden Award. This represents the growing importance of Cybersecurity in the AI era.Communication technology and cybersecurity are specialties of Chunghwa Telecom Co., and we are dedicated to developing more secure and trustworthy communication services. The Slim SIM of CypherCom has obtained FIPS 140-2 Level 3 certification. The private key can only be generated but not read, ensuring that even if the encrypted transmission content isintercepted, it cannot be decrypted. The system supports both Android and iOS platforms, as well as low-bandwidth satellite communications. More importantly, CypherComs SDK(Software Development Kit) enables enterprises to develop advanced applications on their own, such as identity authentication, digital document signing, secure data exchange, hardware wallets, and Zero Trust Architecture (ZTA). Currently, CypherCom has achieved significant sales with key institutions and is actively developing for overseas markets.CHT Security is the largest MSSP(Managed Security Services Provider) in Taiwan, with years of practical experience in cybersecurity offense and defense. Our team has obtained multiple certifications, including ISO 27001, ISO 27701, ISO 20000, ISO 17025, and IEC 62443. Moreover, we are the only company in Taiwan to have received the highest A-level rating in all 5 cybersecurity service categories from the Executive Yuans evaluation for 5 consecutive years. In 2024, CHT Security also received several prestigious awards including the CIO Taiwan Outstanding Cybersecurity Product and Service Award, the Cybersecurity Excellence Awards for Best Cybersecurity Company, and the Cyber Security Review Best Penetration Testing Service Provider in the Asia-Pacific region.With a stellar reputation, CHT Security offers services such as cybersecurity assessment, monitoring, incident response, and forensics. Recently, CHT Security has expanded from service-oriented company to product-oriented company, developing proprietary cybersecurity products like CypherCom to assist enterprises in enhancing their cybersecurity defensesJeff Hung, the General Manager of CHT Security

In May 2024, CHT Security officially became a member of FIRST (Forum of Incident Response and Security Teams), the premier organization in incident response. In the future, CHT Security will regularly share threat intelligence with international cybersecurity experts and integrate existing domestic intelligence to provide the most comprehensive cybersecurity solutions and services for its clients. CHT Security has become a member of FIRSTFIRST is an international non-profit organization established in 1990. Its primary purpose is to assist with international cybersecurity incident response, providing threat intelligence and information on various incident investigation techniques. According to the FIRST website, as of June 17, 2024, there are now 748 cybersecurity incident response teams from 111 countries worldwide. The members span across sectors, including government, academia, private enterprises, and cybersecurity companies.

Before the start of COMPUTEX, the conference announced that CHT Security stood out among many international brands. Its in-house product CypherCom won the Best Choice Award 2024 Golden Award, receiving high praise from the judges. A press conference and award ceremony were held yesterday, with CHT Security General Manager Jeff Hung invited to accept the award.Based on the existing zero-trust mobile communication network,CypherCom builds a secure and eavesdropping-free communication system to achieve End-to-End encrypted communication.It allows users to make secure VoIP voice calls and Instant Messaging (IM) without changing their usage habits or replacing mobile phones. All they need to do is connect to the Internet. This includes encrypting voice, photos, videos, and files for protection and integrating existing contact lists, ensuring users can communicate with others on a zero-trust network.BC Award winners posing with the Deputy Director-General of the Industrial Development Administration, MOEA (fifth from the left). Picture/ TCAJeff Hung, General Manager of CHT Security, shares his thoughts in an interview after receiving the award. Picture/ TCA

CHT Security will exhibitcybersecurity solutions at Computex 2024 in Taipei, such as SecuTex and CypherCom.Attendees will have the opportunity to view live demonstrations and interact with the interfaces, gaining a comprehensive understanding of the product advantages. Our team will explain how we can solve your business challenges with our customized solutions.We welcome all interested guests to visit our booth for further information during the exhibition.

Congratulations to CHT Security Co., Ltd. for standing out and winning the Best Cybersecurity Company award in the 2024 Cybersecurity Excellence Awards, said Holger Schulze, CEO of Cybersecurity Insiders and founder of the 600,000-member Information Security Community on LinkedIn, which organizes the 9th annual Cybersecurity Excellence Awards. With over 600 entries across more than 300 categories, the awards are highly competitive. CHT Securitys achievement reflects outstanding commitment to the core principles of excellence, innovation, and leadership in cybersecurity.More information about the awards.

CHT Security announced that it was awarded Elite Vendor of Cybersecurity Product Service by CIO Taiwan. CHT Security received the recognition for 3 consecutive years.For full article please click here.

A holistic approach to offensive security sets the company apart. CHT Security goes beyond traditional penetration testing to a wide range of offensive security measures, including penetration testing, vulnerability assessments, mobile app and IoT security testing, social engineering simulations, and red team exercises to strengthen security against sophisticated attacks.Unlike its competitors, the companys ISO 20000-certified red teaming service, top-notch grades from government evaluations, and a history of eight years of excellence in penetration testing position it as a formidable force in navigating the digital realm with expertise and precision. Backed by a team with decades of practical offensive and defensive experience, along with a wide range of front-line certifications like CREST Registered Tester (CRT), OSCE, OSCP, OSWE, OSEP, OSED, GPEN, GWAPT, CISSP, CSSLP, and LPT is a testament in maintaining a proactive stance against the everevolving landscape of cyber threats.Full article please click here.

CHT Security has achieved the highest Grade-A rating in all cybersecurity services including SOC Monitoring, Cyber Security Evaluation, Penetration Testing, Vulnerability Assessment, and Social Engineering Assessment in the 2023 Review of the Security Service Provider by the Executive Yuan. This marks the fifth consecutive year that CHT Security has received the highest Grade-A rating, making it the only cybersecurity company in Taiwan with this remarkable feat.This evaluation, based on expert opinions and actual customer feedback, highly commends CHT Security for its expertise, service quality, and continuous innovation. In the SOC monitoring and response domain, CHT Security is the sole provider in Taiwan that integrates MDR monitoring services and includes cloud security in its monitoring scope. This allows simultaneous monitoring of endpoints, networks, and the cloud, offering comprehensive protection for both IT and OT environments. The team validates monitoring effectiveness through red and blue team exercises, enhances incident response efficiency through the development of automated detection and response mechanisms based on the Security Orchestration, Automation and Response (SOAR) concept, and excels in malware reverse engineering and digital forensics capabilities. CHT Security has also developed AI de-obfuscation analysis technology to improve the efficiency of decrypting encrypted programs. As for detection services such as penetration testing and vulnerability assessment, CHT Security demonstrates the ability to uncover unseen cybersecurity vulnerabilities or gaps. The team has identified over 90 significant common vulnerabilities and exposures (CVE) in major domestic and international systems, websites, and IoT devices. They have also developed a red team collaborative operations platform, serving as a reconnaissance tool to accelerate collaborative efforts and improve security testing efficiency. With hundreds of international cybersecurity certifications, including rare expert-level certifications such as OSCE3, OSDA, CRT, the team integrates theory and practice, providing different levels of cybersecurity training with practical exercises, contributing to the cultivation of cybersecurity talents in Taiwan.Expressing gratitude for the high recognition of CHT Securitys comprehensive cybersecurity services, including monitoring, incident response, and digital forensics, General Manager Jeff Hung further stated that CHT Security has become Taiwans largest Managed Security Service Provider (MSSP) and has expanded its business overseas, including Southeast Asian regions such as Thailand and Vietnam, as well as the Americas, South Africa, and other areas, striving to become an international cybersecurity service brand. Additionally, the company is making efforts to transition from a cybersecurity service company to a cybersecurity product company. It has introduced self-developed products, including SecuTex Network Protection, a system for network packet sniffing and threat detection, SecuTex Endpoint Detection, a software for endpoint rapid test and security management, and CypherCom, a hardware-based end-to-end encrypted communication system, to assist enterprises in enhancing their cybersecurity defenses and increasing revenue.Since its launch in 2018, CHT Security has achieved stable growth in both revenue and profit. In 2023, it reported impressive financial results with a revenue of NT$1.696 billion and an EPS of 7.8. The company is currently actively preparing for public offering operations. CHT Security has obtained certifications such as IEC 62443 CBTL, ISO 27001, ISO 27701, ISO 20000, ISO 17025, and has received important awards, including the first place in the 2023 HITCON Cyber Range, the 2023 Frost Sullivan Taiwan Cybersecurity Services Company of the Year Award, the 2023 World Business Outlook Most Trusted Cyber Security Solutions Provider Taiwan Award, and the 2023 COMPUTEX Best Choice Award.For details on the evaluation results, please refer to Evaluation Results of the 2023 Review of the Security Service Provider.