The great firewall of SEA's cybersecurity startups

More: Temasek-owned True Light’s new US$3.3 billion fund. [Read from your browser]( Daily Newsletter Welcome to Tech in Asia's free Daily Newsletter! Get full access to our subscribers-only Daily Newsletter and other insightful analysis on the big and messy topics of Asia’s tech and startup community by [registering here](.  --------------------------------------------------------------- IN FOCUS In today's newsletter, we spotlight: - [What Southeast Asia’s cybersecurity startups are up to]( - Temasek-owned True Light Capital scoring US$3.3 billion for its inaugural flagship fund. --------------------------------------------------------------- Hello {NAME} There’s this hilarious and infamous [scene from NCIS]( trying to depict a system getting “hacked.” Take a look for yourself and you’ll see why I put hacked in inverted commas. Honestly, it’s so ridiculous that you’d probably think that the show’s writers were intentionally making it look as stupid as possible. Still, while shows like this may get it wildly wrong, cybersecurity is not a joke. Breaches seem to make the news every other week and the amount of money and personal information that’s lost is usually staggering. I personally know some people whose companies have been compromised by ransomware. But wait, what’s that? We’ve got a ton of cybersecurity firms in Southeast Asia? Awesome. Let’s take a look at them. -- Jonathan  ---------------------------------------------------------------  THE BIG STORY [Mapping out SEA’s digital defenders (update)]( The region's cybersecurity sector has seen a decline in investments over the last two years due to a shift in investor appetite. --------------------------------------------------------------- TRENDING NEWS [Gojek launches GoRide Transit in Indonesia to reach new consumers]( Users can order a motorbike ride to the train station, buy a commuter train ticket, and book a ride to their final destination in one transaction. [Spenmo lays off staff in bid to become profitable]( Acting CEO Jo-Ann Chung told Tech in Asia that around 60 to 70 employees across its Asia-Pacific markets will be affected. [Meet the company bringing cybersecurity solutions under one umbrella]( As cyberattacks accelerate across APAC, WatchGuard Technologies has stepped up to make cybersecurity as simple as possible for businesses to deploy. [Temasek-owned True Light secures $3.3b to invest in Greater China]( True Light Fund I will invest alongside Temasek in opportunities across sectors and is open to backing startups of various stages. ---------------------------------------------------------------  VISUAL STORY OF THE DAY [Is Thailand big enough for Line Man Wongnai’s ambitions?]( Despite focusing on its home country, the second-largest food delivery market in Southeast Asia, the company still lags behind Grab. ---------------------------------------------------------------  EVENTS HAPPENING You can also check out a curated list of trending tech events [over here](. - [Tech in Asia Conference]( from October 18 to October 19 Do you see the light at the end of this funding winter’s tunnel? We do, and we believe Southeast Asia is that very light. That’s why this year’s Tech in Asia conference’s theme is Southeast Asia: A Bright Spot in the Tech World - signaling how the region can provide hope and guidance for the tech sector amid some troubling times. Hosted in Jakarta from October 18 to October 19, we’re excited to bring you a great lineup of speakers, thought-provoking sessions, and other activities. Click [here]( to get your limited first-release tickets. ---------------------------------------------------------------  PRESS PEEKS The following press releases were published as they were received, without any editing from the Tech in Asia team. You too can publish your own press release on Tech in Asia by simply filling in [this]( page](. Our team will get back to you by the next business day. - stan - [500 Global-backed Blockchain App [stan] Launches Fully Integrated in-app NFT Marketplace]( South Korea-based Blockchain Artist-to-Fan Startup [stan] Launches Fully Integrated in-app NFT Marketplace and Announces Next Stage of Growth - Cignal TV - [UAAP now available to Filipinos worldwide on Pilipinas Live]( 86 “Fueling the Future” shall be made available in the Philippines and around the world through Pilipinas Live. - VNETWORK - [VNETWORK and Scantist Forge Synergistic Alliance to Bridge Cybersecurity Gap]( VNETWORK & Scantist unite for cybersecurity synergy at ICE71, bridging 'Shift-right' & 'Shift-left' perspectives to bolster cyber resilience. ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Product Lead - Payment]( at Youtap Indonesia Jakarta, Indonesia - [Program Manager]( at Boleh Dicoba Digital Bandung, Java, Indonesia - [Digital Marketing]( at PT Bimasakti Multi Sinergi Sidoarjo, Indonesia - [QA Specialist]( at AccelByte Yogyakarta, Indonesia - [Commercial Operational Manager]( at Scout.inc Yogyakarta, Indonesia - [Community Engagement Specialist - Cilacap, Jawa Tengah]( at Evermos Cilacap (Tjilatjap), Indonesia [ADVERTISE]( | [SUBSCRIBE]( P.S. 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