Red Piranha signs US$5 Million Cyber Security capability partnership at Indonesia-Australia Free Trade Agreement Signing ceremony

Company Name: Red Piranha

Announcement Date: 04/03/2019
Announcement Category: Contract/Partnership
Announcement Content:

Red Piranha, developer of Australia’s first next-generation firewall, Crystal Eye, has signed a collaboration technical services agreement with Indonesia’s largest private security company Professtama to bolster Indonesian cyber-security capabilities nationally.

This partnership was signed March 4 2019 at today’s Free Trade Deal signing ceremony. It will see Red Piranha’s flagship Unified Threat Management Platform technology, Crystal Eye coupled with Red Piranha’s cyber security software and services solutions being supplied to Indonesian businesses and institutions.

Indonesian PT Professtama development groups have committed to procure US $5m of Red Piranha's Crystal Eye platform over the next 12 months - 24 months, through the exclusive partnership agreement to service the Indonesian market.

The deal will see Red Piranha to partner with Professtama with the development of the Jakarta Security Operations Centre (SOC), building on Red Piranha’s experience in this area. The parties intend for this SOC to be an Indonesian-operated facility to service both Indonesian institutions and those throughout the ASEAN region.

Red Piranha has committed its intention to support a professional expertise exchange development program in cyber security for young Indonesian professionals. It will achieve this through links to Australian educational institutions and professional experience opportunities in Red Piranha’s Australian operations.

The official Indonesia/Australia Comprehensive Economic Partnership Agreement (IA-CEPA) signing ceremony was arranged by the Indonesian Government and Indonesian Chamber of Commerce and Industry (KADIN). The Indonesian and Australian trade ministers signed the agreement in Jakarta today that included a keynote speech from Indonesia’s Vice President, HE Mr Jusuf Kalla, along with remarks from Indonesia’s Minister of Trade, HE Drs Enggartiasto Lukita, and Australia’s Trade, Tourism and Investment Minister, Senator the Honourable Simon Birmingham.

Red Piranha was proud to be picked out of 240 Australian companies to represent Australia in the signing ceremony with the declaration aimed to highlight “five pillars": the economy, maritime cooperation, people-to-people contact, regional cooperation and security cooperation including cyber security and combating terrorism,

With these announcements, the parties aim to work for mutual commercial benefit, to bring new cyber security technical capabilities to Indonesia, and to deepen Indonesia’s human capital in this area, as an important foundation for Indonesia’s modern economy. Australia's two-way trade with Indonesia in 2016-17 was worth $16.4 billion, making it Australia's 13th-largest trade partner. By some estimates, Indonesia will be the world's fifth-largest economy by 2030, and Red Piranha is well-placed to deepen economic cooperation.

In the photo
Seated: Richard Baker, Director - Red Piranha & Dr Sanny Suharli, Founder and Chairman - Professtama
Standing: His Excellency Thomas Lembong Chairman of BKPM & Dr Stephanie Fahey CEO of Austrade

Announcement URL:
About Red Piranha:

At Red Piranha, we came up with a simple concept: a holistic security solution that works. Recruiting a team of experts from around the globe – from engineers to academics to ethical hackers – we worked to develop the most exhaustive and effective security controls available on the market.

In 2013, we integrated the threat intelligence platform into the development of the Crystal Eye Unified Threat Management system for advanced cloud and on-premise protection. Since then, we've developed additional capability around threat detection and incident response along with the integration of other advanced security capabilities to evolve into the Crystal Eye XDR platform.

The result? A comprehensive platform of threat management tools that ensures advanced protection, threat detection and incident response.

Because when our most valuable assets are digital, quick fixes shouldn’t be the status quo – and shrouding them in a fog of confusion shouldn’t be either. At Red Piranha, we believe having the safest, most reliable information security system is everyone’s right – regardless of industry or budget.

Our Vision
Our philosophy is clear. End-to-end protection for your enterprise that meets ever-changing compliance regulations. We’re committed to offering superior security products and services at an accessible price, so even small to medium businesses can enjoy ironclad information protection.

Our Pioneering Products
We have developed Crystal Eye - one of the first Extended Detection & Response (XDR) platforms available on the market that aims to address all of an organisation's security needs to protect, detect and respond to sophisticated cyber threats. This features rapid deployment, simple configuration and customizable alert tuning to reduce administrative burden. Our systems are developed at our Red Piranha facilities under rigorous quality control standards to ensure you receive reliable, state-of-the-art hardware and our innovative software solutions.

Demonstrated Experience;
Red Piranha is an Australian-based cybersecurity products and services company which officially launched in 2015. Now an ISO 27001 certified organisation with a global presence servicing large and small clients and partners across multiple industry sectors:
- Critical Infrastructure
- Defence
- Education
- Financial Services
- Government
- Health
- Pharmaceutical

Named in the “Top 20 Companies to Watch” by Insight Success Magazine, Red Piranha is highly regarded and recognised within the information security sector. So much so, that Red Piranha was invited by the Australian Federal Government to join the Australian Government’s ASEAN 2018 Cyber Security Mission, partnering with AustCyber and the Australian Trade Commission (Austrade).

Go to Company Profile for: Red Piranha

Announcement Contact: [email protected]