CrowdStrike, a leading global cybersecurity company, has inaugurated a new central hub in Singapore as part of its strategic expansion across Asia. The new office, which is a significant milestone for the company, will double the capacity of its previous facilities, highlighting CrowdStrike’s dedication to enhancing cybersecurity measures in Singapore and the broader Asian region.
With its headquarters in the U.S., CrowdStrike is renowned for its innovative security solutions, serving over 23,000 clients worldwide, ranging from small businesses to major global brands and government entities. The company offers the CrowdStrike Falcon platform, elite incident response services, and a distinguished cyber threat intelligence team.
The new Singapore office will feature training facilities, allowing customers and partners to exchange best practices on the latest cyber defense strategies. It aims to empower cybersecurity professionals with the skills needed to defend against evolving threats in the region.
This expansion follows CrowdStrike’s substantial business success in Asia, with reported revenue earnings of $81 million in the Asia-Pacific area (including Japan) for the third quarter fiscal year 2024—a 36% YoY increase compared to the same period in the previous fiscal year. The Asia-Pacific region, including Japan, contributes 10% to CrowdStrike’s total earnings.
Geoff Swaine, Vice President, APJ for CrowdStrike, emphasized the growing cyber threats in Asia, particularly Southeast Asia, where average ransomware demands have more than doubled in recent weeks. He highlighted the necessity for businesses in the region to adopt modern cybersecurity solutions to proactively protect against adversaries.
CrowdStrike’s 2023 Threat Hunting Report revealed that technology, telecommunications, retail, financial, and manufacturing are the top five industry sectors in Asia Pacific and Japan most frequently targeted by cyber intrusions. The report also noted an increase in ‘big game hunting’ victims, emphasizing the importance of robust cybersecurity measures to counter evolving cyber threats in the region.
