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MarketScreener Homepage  >  Equities  >  Tokyo  >  Nippon Telegraph And Telephone Corp    9432   JP3735400008

NIPPON TELEGRAPH AND TELEPHONE CORP

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Nippon Telegraph And Telephone : NTT Security partners with Europol to bolster Threat Intelligence

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08/13/2019 | 11:56am EDT

Agreement solidifies commitment to share strategic information with partners and law enforcement

NTT Security, the specialised security company of NTT Group, has signed a Memorandum of Understanding (MoU) with Europol's European Cybercrime Centre (EC3). This latest move forms part of its committment to sharing its strategic threat intelligence with industry partners and law enforcement agencies to prevent cybercrime globally.

The new MoU defines a framework for NTT Security and Europol to exchange strategic threat intelligence as well as information relating to cybersecurity trends and industry best practice. Trust building through public-private sector partnerships is a priorty for NTT Security as it looks to enhance it's relationship with EC3 which now includes NTT Security's Global Threat Intelligence and Incident Center (GTIC)

As part of the agreement, NTT Security will support EC3's mission to strengthen the law enforcement reponse to cyber crime, engage on a range of pertinent areas including input to the annual Internet Organised Crime Threat Assessment (IOCTA), Europol's flagship strategic report on the emerging threats and developments in cyber crime and the key recommendations to law enforcement, policy makers and regulators to allow them to respond to cybercrime in an effective and concerted manner.

On the signing of the MoU, Kai Grunwitz, Senior Vice President EMEA at NTT Security, says: "Europol works on all aspects of cyber crime - from botnet takedown and spear phishing right through to cryptomining, cryptojacking and the dark web - and therefore relies on collaboration with private sector security specialists like NTT Security for enhanced strategic threat intelligence. Our partnership with Europol reinforces the critical role that threat intelligence plays in the fight against cyber attackers and how, by working together, we can make the digital world safer for individuals, businesses and governments.

The Head of Europol's EC3, Steven Wilson, adds: "As criminals increasingly threaten citizens' and businesses' digital lives, it is vital for the law enforcement community to work closely with the global industry players to create a safe environment on the internet. We are honoured to collaborate with one of the top global telecommunication players to fight cyber crime. I am confident that the high-level of technical expertise that NTT Security will bring will result in a significant benefit to our work. Working co-operation of this type between Europol and industry is the most effective way in which we can hope to secure cyberspace for European citizens and businesses."

Europol is one of many partners with whom NTT Security collaborates. Others include the National Cyber Forensics and Training Alliance (NCFTA); Council of Registered Ethical Security Testers (CREST); Cyber Threat Alliance (CTA) Forum of Incident Response Teams (FIRST) and others.

About NTT Ltd.

NTT Ltd. is a leading global technology services company bringing together 28 brands including NTT Communications, Dimension Data, and NTT Security. We partner with organizations around the world to shape and achieve outcomes through intelligent technology solutions. For us, intelligent means data driven, connected, digital, and secure. As a global ICT provider, we employ more than 40,000 people in a diverse and dynamic workplace that spans 57 countries and regions, trades in 73 countries and regions, and delivers services in over 200 countries and regions. Together we enable the connected future. Visit us at our new website www.hello.global.ntt

About Europol

Europol is the European Union's law enforcement agency. Headquartered in The Hague, the Netherlands, Europol supports the 28 EU Member States in their fight against terrorism, cyber crime and other serious and organised forms of crime. With over 1,200 staff members, Europol uses state-of-the art tools to support some 40,000 international investigations each year, serving as a center for law enforcement cooperation, analytical expertise and criminal intelligence. For more information, visit www.europol.europa.eu

Media contact:

Amanda Hassall, Consultant

T: 01628 822741/M: 07855 359889

E: amanda@origincomms.com

.

(C) 2019 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials (JPY)
Sales 2020 11 822 B
EBIT 2020 1 595 B
Net income 2020 862 B
Debt 2020 3 383 B
Yield 2020 3,62%
P/E ratio 2020 11,3x
P/E ratio 2021 10,7x
EV / Sales2020 1,09x
EV / Sales2021 1,07x
Capitalization 9 468 B
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Number of Analysts 16
Average target price 5 866,25  JPY
Last Close Price 5 209,00  JPY
Spread / Highest target 57,4%
Spread / Average Target 12,6%
Spread / Lowest Target -11,5%
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NameTitle
Jun Sawada President, CEO & Representative Director
Satoshi Miura Chairman
Tsunehisa Okuno Director & Manager-Global Business Promotions
Mitsuyoshi Kobayashi Managing Director & Manager-Technology Planning
Katsuhiko Shirai Independent Outside Director
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