CHT Security Received Highest Grade-A Rating in the “Review of the Security Service Provider” For Five Consecutive Years
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 Security's comprehensive cybersecurity services, including monitoring, incident response, and digital forensics, General Manager Jeff Hung further stated that CHT Security has become Taiwan's 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".