Foregenix choose Australia as launch pad for Asia Pacific expansion
Foregenix are setting-up a new base in Australia, targetting the Asia Pacific region for growth.
The new office in Sydney will open in May and be headed by Raymond Simpson, who will lead the consulting team across the Asia Pacific region.
Foregenix’s new Regional Director for the APAC Region brings over 15 years’ information security experience, including specialist knowledge of security and regulatory requirements across the APAC region. Simpson’s sector experience spans retail, hospitality, aviation, banking and telecoms and the payment card industries.
Foregenix, which is headquartered in the UK has established successful operations in South Africa, Uruguay and the USA, works with some of the world’s largest payment companies, central banks and online businesses and also offers solutions to help SMEs to combat cyber crime.
Foregenix’s services include incident response, managed threat detection and mitigation, compliance and risk management and specialist cyber forensic services.
The Australian office operation is opening at a time of growing export success. Overseas sales have doubled in two years to reach £3.5m in 2016, equivalent to 67% of its turnover. Foregenix was the only cyber security business to be named in The Sunday Times top 100 SME Exporters this year.
Raymond Simpson comments: “Australia offers fantastic opportunities domestically as well as regionally. With a fantastic workforce and a strong business economy that needs cyber security services, I am looking forward to building Foregenix’s operation in Sydney, Australia and across the region.”
Foregenix’s CEO Andrew Henwood adds: “Foregenix products and services have attracted an international client base that requires and values skilled and focused cyber security skills and solutions. Our presence has been growing in the Asia Pacific region and it’s the right time to build on foundations with new investment.
“It’s an interesting and exciting time for the Asia Pacific cyber security industry and I’m pleased Foregenix will be part of it.”
Andrew Henwood will be speaking at the PCI SSC Community Meeting in Bangkok, 17th-18th May.