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2021 Press Releases

April 20, 2021

Singapore-Based Flexxon Launches World’s First AI-Empowered Cybersecurity Solution

Flexxon Pte Ltd (“Flexxon” of the “Company”), a Singapore-based leading industrial NAND flash storage solutions provider, officially announces the launch of its ground-breaking X-PHY Cyber Secure Solid-State Drive (“SSD”). The X-PHY is the world’s first artificial intelligence (“AI”) embedded data security solution designed to deliver real-time protection against cyber threats.
 
Flexxon participated in Cyber Security Agency of Singapore’s (“CSA”) 2018 Cybersecurity Industry Call for Innovation programme and received funding from CSA’s Cybersecurity Co-Innovation and Development Fund (“CCDF”) to develop its X-PHY Cyber Secure SSD.

A market leading innovation, the X-PHY is an intelligent, predictive and self-learning cybersecurity solution that serves as a reliable last line of defence against known and unknown threats. With AI and machine learning technologies embedded at the firmware-level, the X-PHY delivers holistic real-time defence by working with silicon-level defences to guard against the ever-growing cybersecurity risks worldwide.
 
Ms Camellia Chan, Founder and CEO of Flexxon said, “Cybercrimes have kept pace as technology evolved over the years, posing a universal threat to both individuals and organisations. As the Covid-19 pandemic accelerated the digital transformation of most businesses and government operations, the vulnerability of our data has become even more evident. Technology is an inevitable part of modern living, with large volumes of data stored in local, cloud-based and third-party systems. Our personal and enterprise data are some of our most critical resources, allowing individuals and organisations to make better decisions, formulate evidence-based strategies, or simply experience greater convenience in their daily lives. With innovations like the X-PHY, we will be better equipped to leverage on the benefits of technology while safeguarding ourselves against rising cyber threats.
 
Flexxon remains firmly rooted in its core principle of developing innovative and highly reliable memory storage products that address the needs of tomorrow. Serving as a robust solution to both software and hardware-based threats, the X-PHY offers individuals and organisations a greater peace of mind as they navigate the digital space.”
 
After the demonstration, Dr Vivian Balakrishnan, Minister for Foreign Affairs and Minister-in-Charge of the Smart Nation Initiative said, “Today, as we become more dependent on IT systems, the cost of this dependence is security. The technology available to hackers has evolved tremendously, and today if you are still dependent on signature-based detection like your standard anti-virus software, you’re almost not protected at all.
 
I would like to commend Flexxon for their innovation, which I see as a breakthrough that embeds artificial intelligence into the firmware level of the SSD, thereby helping to increase security and safety for end-users. We encourage companies like Flexxon to take advantage of the national ecosystem to enhance our local research and development efforts in AI, make use of the funding and support provided by the government, and find real-life applications for your innovations.”
 
Cybercrimes grow in sophistication and volume
 
In today’s hyperconnected world, cyber threats are growing at an exponential rate and in increasing sophistication. The cost of cybercrimes is projected to exceed US$10.5 trillion in 2025, a marked increase from the recorded figure of US$3 trillion a decade ago. As cybercriminals evolve in their methods, hardware security issues are also becoming increasingly common, with 63% of organisations reporting that they have experienced a data breach due to hardware vulnerabilities.
 
Beyond the increasing complexity of cyber risks, gaps in cybersecurity systems have also exposed loopholes for cyber criminals to bypass a system’s software defences. This allows malicious threats to embed themselves deep within the firmware - where it eludes discovery and compromises the security of the data stored. In fact, many users are not even aware of these breaches for months. The reality is that as cybercrime grows, sensitive and critical data are put at increasing risk, exposing users to severe financial and reputational damage.

Building a comprehensive cybersecurity ecosystem
 
Traditional software-based cybersecurity defences require consistent updates to populate a ledger of known cyber risks, leaving the device vulnerable to new and unknown threats. Given the sheer speed, volume and sophistication of today’s cyber criminals, new or unaccounted threats can bypass these defences and bury deep within the firmware. This is especially concerning as intrusions within the firmware are highly precarious, often forcing individuals and organisations to replace their devices completely.
 
Addressing these gaps, the X-PHY delivers threat detection and resolution right at the NAND device storage level. The X-PHY ensures holistic protection by augmenting existing software-based capabilities through its built-in AI capabilities that operate to detect and deal with anomalies.
 
In addition, the X-PHY is positioned at the core of its device, in closest proximity to a user’s data thereby rendering the fastest response time to defend against security breaches before they occur.
 
Redefining data protection – a dynamic cybersecurity solution
 
To uphold the highest level of dynamic cybersecurity protection, the X-PHY boasts five unique and innovative security features – the XPHY FACTOR ENCRYPTION, XPHY STREAM PROTECTION, XPHY SITE SECURE, XPHY FORENSIC and the XPHY GUARD. Built upon an advanced AI Co-Processor Quantum Engine8, the X-PHY fortifies the data pool of users through this comprehensive array of features while maintaining the highest levels of performance.

The X-PHY pre-emptively safeguards the data of users through continuous security checks to detect any data breach attempts. The X-PHY’s AI capabilities detect anomalies in data access patterns to comprehensively guard against malicious threats that may be unrecognised by software-based defences.
 
In the event that an intrusion has been identified, the X-PHY shuts down any attempts of data hacking and secures the stored data immediately. By identifying new and unknown threats in real-time, the X-PHY serves as a dynamic solution that ensures complete security from the ever-changing cyber risks – including viruses, hardware attacks, malware, ransomware and power glitches.

Offering comprehensive protection beyond cyber-based attacks, the X-PHY also guards against physical data theft through the XPHY SITE SECURE function. The X-PHY is able to register any physical anomalies and variances such as suspicious temperature fluctuations and unusual movements that occur direct to the device. In the event of such an incursion, the X-PHY will alert the user via email and lock the device in question to prevent any physical tampering. The user will then be able to unlock the device via a dynamic authentication process.
 
The XPHY FACTOR ENCRYPTION function is designed for specific industries where the incorruptibility of data is paramount, such as the military and healthcare sectors. To achieve this, the X-PHY utilises digital signature verification to protect against firmware attacks and dynamic authentication to ensure the safety and security of the user’s data.
 
Enabling greater security for the future
 
As the industry leader in NAND Flash Storage solutions and products, Flexxon continues to push ahead in the development of market-leading products that serve the evolving needs of today’s highly digitised society.
 
On the road ahead, the Company will be developing its own line of hardware cybersecurity devices, constructing a complete operating ecosystem with the aim of delivering a future-ready, all-in-one cybersecurity solution. This will be achieved through the integration of the X-PHY into the core of the device, granting enhanced performance and security across the entire spectrum of aspects from IoT devices to mobile applications, network transmission, to core data storage.
 
Positioned at the forefront of innovation, Flexxon remains dedicated to the constant cycle of research and development to deliver robust solutions for individuals and organisations around the world.