According to EquaOcean, Nexagate officially opened its Global Security Operations Center (GSOC) in Kuala Lumpur on October 18, 2024. Founded in 2010, Nexagate came up with the idea of a centralized security operations center in 2019.
Khairil Effendy, founder and managing director of Nexagate, the first cybersecurity company in which MTDC invested, approached MTDC in 2018 for funding. After four rounds of pitching, MTDC was finally impressed by Nexagate's vision and invested US$1.11 million (RM4.8 million) in it in 2019. In addition, VentureTECH invested US$1.5 million (RM7 million) in Nexagate in 2023. Currently, the company has expanded its managed security services outside of Malaysia to serve customers in Singapore, Laos and Brunei.
According to Nexagate, GSOC integrates a range of tools from top technology partners, including Security Orchestration, Automation and Response (SIEM)/Security Information and Event Management (SOAR), Endpoint Detection and Response (EDR), Cyber Threat Intelligence (CTI), Web Application Firewall (WAF), Data Loss Prevention (DLP) and Identity and Access Management (IAM). These tools help manage SOC operations, enable 24/7 monitoring, and provide playbooks to support and secure national critical information infrastructure (NCII) such as public services, banking and finance, telecommunications, energy, logistics, and oil and gas.
The GSOC will also serve as a hands-on learning center for cybersecurity. Khairil Effendy has formed an advisory board for professionals to develop the next generation of cybersecurity talent. The launch of the GSOC marks Nexagate's transformation from a "survival stage" to a global service provider that has expanded beyond Malaysia.