MPU and RITZ team up for cybersecurity assessments

The signing ceremony of Myanmar Payment Union (MPU) and RITZ for cybersecurity assessments was held on January 8, 2020, at Pan Pacific Hotel Yangon. Photo Source By Myanmar Tech Press

The agreement was signed by U Zaw Lin Htut, Chief Executive Officer of Myanmar Payment Union (MPU) and U Lynn Htun, Managing Director of RITZ in front of representatives from MPU, Myanmar Information Security Association (MISA) and other officials from Myanmar Financial Industry.

Nowadays, the rapid evolution of the global cyber threat landscape is putting significant pressure on businesses to safeguard their most valuable assets and customer data in ways that they have not in the past. Photo Source By Myanmar Tech Press

While most cybersecurity breaches take advantage of already well-known vulnerabilities, some are the results of zero-day security that are extremely hard to detect by traditional IT security solutions. In the era of Information and Technology, information is becoming more and more important, as online shopping has begun to evolve online and it is intended to make the information secure and user-friendly. Photo Source By Myanmar Tech Press

U Zaw Lin Htut, Chief Executive Officer of MPU said “MPU is an organization to raise the payment system in Myanmar since 2012 and payment has been continuously updated. RITZ is also working on technical expertise in Myanmar. This means that our cybersecurity system is secure. Pre-screening protects against things that may happen in the upcoming times. If we have more parts that we have in the process and there are delays, we will reduce them. The main thing is to check for security and improve the demonstration.

The MPU will work and coordinate with RITZ to conduct cybersecurity assessments for key infrastructure.

Check the link below for more detail information:

https://www.myanmarpaymentunion.com/index.php
https://www.facebook.com/MyanmarPaymentUnion/