-Launching Security Product & Service in Japan market

TOKYO, SINGAPORE,TAIWAN 25th Feb 2019

CEL (Tokyo, Japan, 100% subsidiary of VLC HOLDINGS / stock code:2467) and CYBAVO Pte.,Ltd. (Singapore, Taiwan) have announced a strategic business partnership in the Japan region to provide VLC HOLDINGS group’s clients with Security Product & Service.

CYBAVO is a digital asset security company established in 2018 by cybersecurity experts Paul Fan, Tim Hsu and Thomas Lim. Paul Fan is the former General Manager of 360 Security Guard; Tim Hsu is the founder of HITCON, Taiwan’s biggest hacker contest, 1000+ white hackers attend HITCON in recent years; Thomas Lim is the founder of COSEINC and the international hacker conference Syscan.

CYBAVO team consists of technology careers such as Trendmicro, Taiwan Mobile or  Ministry of Justice Investigation Bureau (MJIB Taiwan). CYBAVO team members have track record of vulnerability reporting for Tesla, Facebook, Microsoft, Volkswagen, VIVOTEK and so on; related to hardware, software, firmware, auto pilot, web applications, IP cameras, drone, etc.

CYBAVO is providing security consulting for Cobinhood, which is evaluated as the second best security capability in the world, out of 16,000 crypto exchanges. The company has also developed “CYBAVO VAULT” which can scalably provide safe private key management and financial-institution-level cryptocurrency process control.

CYBAVO VAULT Web interface and CYBAVO Authenticator App

VLC HOLDINGS was originally founded in 1994 as market research company, started security certification service after 2003, and currently market No.1 share for security certification consulting: Privacy mark, ISO27001 (ISMS). Also No.1 in security assessment inquiry for small and mid-size business (IT trend). So as to make more value for 3000+ existing customers, VLC group is focusing on state-of-the-art  technology since 2017 and has track record of investment or business development for Security, AI, IoT, and Blockchain business: CYBERGYM/Israel,  AerNos/USA. Keypair/Korea, SIGA/Israel.

CEL is 100% subsidiary of VLC HOLDINGS. Originally founded in purpose of making value technology service for 3000+ existing customers of VLC group. Currently orchestrating global white hacker talent and providing security services as Research, Threat Intelligence, Penetration Test, SoC for information asset companies like E-commerce, Web service, Smartphone apps and Blockchain companies.

Paul Fan, Chief Executive Officer at CYBAVO said: “CEL and VLC HOLDINGS are companies with a solid experience and have a strong footprint in the cybersecurity industry in Japan. We are thrilled to be working with CEL to provide blockchain cybersecurity to one of the most mature cryptocurrency markets in the world”

Shoichiro Tanaka, Chief Executive Officer at CEL, Director of VLC HOLDINGS said: “Even Japanese giant companies are struggling to find security talents. Globally also, there is skills shortage and high demand for white hat hackers. CYBAVO’s team have world leading track record of making secure-by-design application and reverse-engineering-level investigation into hardware, software, firmware and applications. I am definetely confident to collaborate with CYBAVO for enhancing Asian area security capability.”

Japan’s cybersecurity skills shortage is expected to 200,000 by 2020 Olympic and Paralympic Games, according to the Japanese Ministry of Economy, Trade and Industry. VLC group is tackling cybersecurity skills shortage in Japan, training white hacker specialist via CYBERGYM TOKYO.

There is increasing demand for on-site hands-on security assessment in Japan. CEL is glad to announce partnership with CYBAVO to respond to growing security demand in Japan.

About CEL LTD.

CEL is 100% subsidiary of VLC HOLDINGS. Originally founded in purpose of making value technology service for 3000+ existing customers of VLC group. Currently orchestrating global white hacker talent and providing security services (Research, Threat Intelligence, Penetration Test, SoC) for information asset companies like E-commerce, Web service, Smartphone Apps, Blockchain companies.

CEO: Shoichiro Tanaka (Director, VLC HOLDINGS)
Address: 1F HOMAT ROYAL Akasaka Minato, Tokyo 1070052 Japan
Website: https://celab.co.jp
Contact: jp@celab.co.jp

About VLC HOLDINGS CO.,LTD. (Stock code:2467)

VLC HOLDINGS was originally founded in 1994 as market research company, started security certification service after 2003, and currently market No.1 share for security certification consulting: Privacy mark, ISO27001 (ISMS) . So as to make value for 3000+ existing customers, VLC group is focusing on state-of-the-art  technology since 2017 and has track record of investment or business development for Security, AI, IoT, and Blockchain business: CYBERGYM/Israel,  AerNos/USA, Keypair/Korea, SIGA/Israel. VLC group has capability of importing cutting-edge technology and integrate it into Japan industrial digital transformation.

Website: https://www.vlcholdings.com/

About CYBAVO Pte Ltd
Established in 2018, CYBAVO Pte. Ltd. is a leading cryptocurrency security company developing secure and user friendly cryptocurrency storage and management solutions for enterprises and financial institutions. CYBAVO’s team is composed of security experts, white hat hackers.
CYBAVO Products:
CYBAVO VAULT
CYBAVO WALLET SDK
CYBAVO FULL NODE LEDGER SERVICE
CEO: Paul Fan
Address:
102F PASIR PANJANG ROAD #08-02 SINGAPORE
9F, No.415,Sec.4,Xinyi Rd.,Taipei, TAIWAN
Website: https://www.cybavo.com
Contact: Roberto Machado  robert@cybavo.com