TAIPEI (Taiwan News) — Taiwan is expected to establish a cybersecurity excellence center by 2022 as part of the country’s bid to boost national security while fostering talent in the field.
The plan, which has a budget of NT$818 million (US$28 million), will seek to make Taiwan an Asian hub for high-end information security professionals and technological innovation, reported Liberty Times. The center will be set up as a corporate organization, with details to be finalized at a later date.
The initiative will focus on three aspects: network security, information security, and password security. Proactive technology will be developed to defend against increasingly menacing malware.
The rise of 5G and AI means a greater threat of information leaks, warranting advanced counter-technologies. An innovative approach is also needed to revolutionize cryptographic systems, as conventional password-based encryption may prove vulnerable to breaches, according to the report.
Vice President Lai Ching-te (賴清德) has said that Taiwan, with its strategically significant position, is targeted by an average of 30 million cyberattacks a month. The government is gearing up its cybersecurity capabilities for its semiconductor and ICT technologies.
The market value of cybersecurity in these areas could reach NT$78 billion by 2025, wrote CNA.