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PR Newswire

Frost & Sullivan Asia-Pacific Survey Outlines Key IT and Security Trends Impacting Enterprises

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Study provides an assessment of the security considerations and key imperatives for Singapore organizations

SAN ANTONIO, Nov. 11, 2021 — In collaboration with the ISACA Singapore Chapter, Frost & Sullivan’s Security Practice has conducted an end-user survey, 2021 ISACA-Frost & Sullivan Survey: The Singapore Cybersecurity Landscape, with 78 ISACA thought leaders. The goal was to seek opinions on the technologies that will have a profound transformative impact on existing industry dynamics, value chains, and business models across multiple vertical markets in the next 2-3 years.

Frost & Sullivan Asia-Pacific Survey Outlines Key IT and Security Trends Impacting Enterprises
Frost & Sullivan Asia-Pacific Survey Outlines Key IT and Security Trends Impacting Enterprises

In addition to providing quantitative insight, the study provides a top-level assessment of three main cybersecurity threats in Singapore: ransomware, data exfiltration and vulnerability of unpatched systems.

For further information on this analysis, please visit: https://frost.ly/6os

"The ongoing COVID-19 pandemic has pushed enterprises globally to accelerate their security capabilities, sometimes leading to security gaps. The increasingly sophisticated threat landscape and a complex business environment are also driving businesses to explore solutions to help them strengthen their security posture for better cyber threat/risk," said Kenny Yeo, Associate Director, Head of Asia-Pacific Cybersecurity Practice at Frost & Sullivan. "However, utilizing these solutions in isolation will limit their effectiveness. As our organizations change, IT and risk teams also need to adapt and better manage the expanded threat surface by implementing a holistic cybersecurity approach for maximum benefits."

"In its third year running, the ISACA-Frost & Sullivan survey of thought leaders within the ISACA Singapore Chapter membership has provided situational awareness to aid organizations in building threat-informed defenses across people, processes and technology," said Steven Sim, President, ISACA Singapore Chapter. "The results are also reflective of the ISACA Global State of Cybersecurity 2021 results, albeit with Singapore-centric nuances. In a strong public-private partnership, keeping regular tabs on the ground’s pulse helps us guide organizations in developing more agile, risk-optimal security improvement programs and contributing to a collective ecosystem defense."

Key findings include:

  • Cloud adoption continues to accelerate in Singapore, with 63% of respondent organizations adopting cloud more during the pandemic.
  • Twenty-nine percent of enterprises saw a moderate to major increase in supply chain attacks during the pandemic.
  • Sixty-five percent of Singapore enterprises are still at risk, with only 35% of respondents indicating that they had no cybersecurity incidents during the year after regular forensics and assessments were conducted.
  • Top areas of concern in Singapore include data exfiltration (leak of personal data), ransomware attacks and vulnerability of unpatched systems.
  • Top cybersecurity challenges faced in Singapore include resourcing and skills, balancing regulatory requirements and customers’ needs, and lack of budget.
  • Senior management is more concerned with cyber risk issues as the general perception of cybersecurity has improved.

People, processes and technology all need to be addressed in today’s modern enterprise with the support of senior management. These include cybersecurity awareness programs, governance, risk and compliance tools, and cyber drills.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion

Contact:

Melissa Tan
Corporate Communications
T: +65 6890 0926
E: melissa.tan@frost.com 

http://www.frost.com

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PR Newswire

AUTOCRYPT Named “Automotive Cybersecurity Company of the Year” for Second Year in a Row in 2021 AutoTech Breakthrough Awards

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SAN FRANCISCO, Oct. 20, 2021 — Leading EV and autonomous vehicle cybersecurity provider AUTOCRYPT, announced today that for the second year running, it has been named "Automotive Cybersecurity Company of the Year" in the 2021 AutoTech Breakthrough Awards, making it the only company to have won this title to date. Run by the Tech Breakthrough group, AutoTech Breakthrough is a leading market intelligence organization that recognizes the top companies, technologies, and products in the global automotive and transportation technology markets today.

AUTOCRYPT is the only automotive cybersecurity provider in the world that offers a complete security package for the entire mobility ecosystem. From securing in-vehicle systems and V2X communications to EV charging and fleet management, AUTOCRYPT provides a custom-built end-to-end solution for each client looking to integrate cybersecurity with functional safety, eliminating the complexity of searching for different providers. With branches and subsidiaries in Asia, North America, and Europe, AUTOCRYPT works closely with its clients based on regional needs. 

"We are thrilled to be recognized by AutoTech Breakthrough for this award again this year. This back-to-back recognition is a strong indication that we have done things right, yet also encourages us to continue refining our products and solutions to exceed customer expectations," said Daniel ES Kim, AUTOCRYPT’s Co-Founder and CEO. "With the industry’s most capable R&D professionals holding decades of experience in IT and vehicular cybersecurity prior to our spinoff, we truly understand the challenges of OEMs and infrastructure developers and aim to tackle them at the individual level."

This year’s AutoTech Breakthrough Awards program attracted more than 1,400 nominations from over 15 different countries across the globe, with categories including Connected Car, Electric Vehicles, Engine Tech, Automotive Cybersecurity, Sensor Technology, Traffic Tech, and many more. 

"As Plug&Charge (PnC) rolls out for EVs, simply plugging the car into the charging station involves the exchange of payment, driver, and vehicle information, making cybersecurity essential. AUTOCRYPT’s dedication to cybersecurity has allowed it to not only overcome today’s challenges but to shape the future of mobility with all industry partners by breaking through technical and regulatory barriers," said Bryan Vaughn, Managing Director of AutoTech Breakthrough Awards. "Congratulations to AUTOCRYPT, once again this year, for being our choice for ‘Automotive Cybersecurity Company of the Year.’"

Having opened its German office in Munich earlier this year, AUTOCRYPT is now working closely with European OEMs on in-vehicle and V2X security solutions. To find out more about AUTOCRYPT’s comprehensive mobility security solutions, contact global@autocrypt.io. 

About AUTOCRYPT 

AUTOCRYPT is the leading player in automotive and smart mobility security technologies, paving the way for Intelligent Transport Systems (ITS) and autonomous driving through a multi-layered, holistic approach. Through security solutions for V2X, V2G (including PnC security), in-vehicle security, and fleet management systems, AUTOCRYPT ensures that security is prioritized and optimized before vehicles hit the road. 

PR Newswire

Guardforce AI Co., Ltd. Announces Closing of $15 Million Underwritten Public Offering

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NEW YORK, Oct. 2, 2021 — Guardforce AI Co., Ltd. ("Guardforce" or the "Company") (Nasdaq: GFAI, GFAIW), an integrated security solutions provider in Asia, today announced the closing of its previously announced underwritten public offering of 3,614,458 units ("Units"), with each unit consisting of one ordinary share, par value $0.003 per share (the "Ordinary Share") and one warrant (the "Warrant") to purchase one Ordinary Share at a public offering price of $4.15 per Unit, for aggregate gross proceeds of approximately $15 million, prior to deducting underwriting discounts and other offering expenses.

EF Hutton, division of Benchmark Investments, LLC, acted as sole book-running manager for the offering.

The Securities and Exchange Commission ("SEC") declared effective a registration statement on Form F-1, as amended (File No. 333-258054) (the "Registration Statement"), on September 28, 2021. A final prospectus relating to the offering was filed with the SEC and is available on the SEC’s website at http://www.sec.gov. Electronic copies of the final prospectus relating to this offering may be obtained from EF Hutton, division of Benchmark Investments, LLC, 590 Madison Avenue, 39th Floor, New York, NY 10022, Attention: Syndicate Department, or via email at syndicate@efhuttongroup.com or telephone at (212) 404-7002.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Guardforce AI Co., Ltd.

Guardforce AI Co. Ltd. is a leading integrated security solutions provider that is trusted to protect and transport the high-value assets of public and private sector organizations. Developing and introducing innovative technologies that enhance safety and protection, Guardforce AI helps clients adopt new technologies and operate safely as the Asia Pacific business landscape evolves.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of U.S. federal securities laws. We make such forward-looking statements pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act, Section 21E of the Securities Exchange Act of 1934, as amended, and other federal securities laws. Forward-looking statements provide our current expectations or forecasts of future events. Forward-looking statements include statements about our expectations, beliefs, plans, objectives, intentions, assumptions and other statements that are not historical facts. Words or phrases such as "anticipate," "believe," "continue," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "will" or similar words or phrases, or the negatives of those words or phrases, may identify forward-looking statements, but the absence of these words does not necessarily mean that a statement is not forward-looking. The forward-looking statements contained in this press release are based on reasonable assumptions we have made in light of our industry experience, perceptions of historical trends, current conditions, expected future developments and other factors we believe are appropriate under the circumstances. As you read and consider this press release you should understand that these statements are not guarantees of performance or results. They involve risks, uncertainties (many of which are beyond our control) and assumptions, including the risks described in the reports and other documents we file with the Securities and Exchange Commission. Although we believe that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect our actual operating and financial performance and cause our performance to differ materially from the performance anticipated in the forward-looking statements. Should one or more of these risks or uncertainties materialize, or should any of these assumptions prove incorrect or change, our actual operating and financial performance may vary in material respects from the performance projected in these forward-looking statements.  Any forward-looking statement made by us in this press release speaks only as of the date of this press release. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

 

PR Newswire

New Accedian Research Finds 76% of Manufacturers Plan to Use Private 5G by 2024

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Despite overwhelming inclination, barriers to 5G adoption remain, including high cost, deployment difficulty and management complexity

MONTREAL, Canada, Sept. 29, 2021 — Accedian, a leader in performance analytics, cybersecurity threat detection and end user experience solutions, today released new analyst research on the future of 5G in manufacturing. Conducted in partnership with Analysys Mason, a leading management consultancy focused on telecoms, media and technology (TMT), the research found that while 76% of manufacturers plan to use private 5G locally by 2024, key barriers to adoption include management complexity, difficulty of deployment and high costs. 

Manufacturing holds extreme promise in being transformed through 5G network adoption. As a sector largely reliant on the quality of connections between technologies and machines, 5G can expedite processes, reduce latency, enable automation and the adoption of artificial intelligence (AI), robotics and augmented reality (AR). Most manufacturers agree that high reliability (82%), security (78%) and support for low-latency applications (75%) make a 5G private network an attractive choice. 

"5G is set to transform industries, and no sector is more ripe for this than manufacturing," says Sergio Bea, VP of Global Enterprise and Channels, Accedian. "Our research with Analysys Mason clearly shows the appetite for adoption among manufacturers is there, but network performance monitoring and management remain barriers to entry. With the right network monitoring tools, IT teams at factories can be sure they’ll have both the visibility and security they need to make 5G adoption a success."

More than 200 respondents from Germany, Japan, the United Kingdom, and the United States across six verticals provided insights into private 5G network adoption. 

Key highlights from the research include:

  • The most likely types of 5G deployments are: hybrid models (45%) and network slice (35%); while 18% of manufacturing respondents prefer fully private on-prem networks.
  • Security (63%) is the biggest factor influencing the choice of 5G deployment model, followed by network performance (49%), speed/simplicity of deployment (49%), application performance (45%) and data privacy (43%).
  • In terms of barriers to adoption, respondents considering a hybrid network model are most concerned about management complexity (43%).
  • Most agree that important metrics to monitor are application performance KPIs (61%), closely followed by network performance KPIs (59%) and security KPIs (55%).     

There is a complex balance of risks and deployment choices that manufacturers will need to make as they move forward with 5G.

"Our research shows there is appetite for 5G in the manufacturing industry, which means there’s also immense opportunity for service providers to uplevel their relationships with factories, as well," says Michele Mackenzie, Principal Analyst, IoT and private networks, Analysys Mason. "CSPs need to capitalize on this momentum to become more than just vendors, but strategic partners to manufacturing organizations looking to navigate the future of the sector."

To download the complete research click here.

To learn more about Accedian’s Skylight™ platform visit: https://accedian.com/platform/skylight/.

Resources

Infographic: Industry 4.0: Manufacturing Private 5G Networks State of Play

Analyst Research: Accelerating Smart Manufacturing with Private 5G Networks

Webinar: Mobile Europe: Driving SmartX World with Private 5G Networks with Colt

Related Press Release: 5G-ENCODE: Accedian partners to support UK manufacturing innovation

Whitepaper: 5G Brief: The Manufacturing Opportunity

CONTACT:

Pragya Goel

SourceCode Communications
accedian@sourcecodecomms.com 
(203) 554 – 5820

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/accedian/r/new-accedian-research-finds-76–of-manufacturers-plan-to-use-private-5g-by-2024,c3423826

PR Newswire

Huawei Strengthens Contribution and Cooperation in Indonesia Cyber Security

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JAKARTA, Indonesia, Sept. 29, 2021 — Huawei Indonesia has reaffirmed its commitment to supporting cyber security knowledge sharing through the renewal of the MoU on cyber security cooperation yesterday with Indonesia’s highest cyber security body National Cyber and Crypto Agency of the Republic of Indonesia (BSSN). Huawei Indonesia and BSSN sealed off a new, tripartite cooperation agreement (PKS) with Institut Teknologi Del (IT Del). The signing ceremony was witnessed by Gen. (ret.) Luhut Binsar Pandjaitan, Coordinating Minister for Maritime Affairs and Investment of the Republic of Indonesia (Marves), Mr. Ren Zhengfei, Huawei CEO and Founder, Mr. Jeffery Liu, Huawei Asia Pacific president, and Mr. Jacky Chen, Huawei Indonesia CEO.

Huawei renews MoU and cooperation with Indonesia’s top cyber security body
Huawei renews MoU and cooperation with Indonesia’s top cyber security body

Minister Luhut also held a high-level discussion with Mr. Ren to mark a renewed collaboration and long-term commitment of the leading global ICT provider, especially in cyber security enhancement in Indonesia. Luhut praised highly Huawei to Mr. Ren. "You are lucky to have the team here for making Huawei popular and the technology has been widely used. The establishment of Huawei Academy in Indonesia and the tripartite Cooperation between Huawei, the National Cyber and Crypto Agency and IT Del, also shown Huawei commitment to not only building digital infrastructure in Indonesia, but also digital human resources development and transfer of high technology," Luhut said. "I am sure Huawei could make significant contribution to Indonesia’s Green Development and Smart Future. In the next few years, digital property will be one of the most valuable assets in the next generation."

"Indonesia is a beautiful and great nation, boasting long coastal lines, a wealth of natural resources, and a wide variety of agricultural produce," Mr. Ren, spoke highly of Indonesia. He opined that besides representing a large, untapped market for Indonesian exports, China also has a few examples of utilizing technology to improve vital operations. For example, Indonesia can learn to integrate intelligence into the day-to-day running of the nation’s many strategic ports and airports, or alternatively implement 5G, AI, wireless, and radar technologies to improve safety at coal mines to a substantial degree.

"Huawei thanks Indonesia for its longstanding support for our local team in the country. With the great trend towards collaboration and shared success between China and Indonesia, based on respecting each other’s sovereignty integrity, political systems, and social customs, we believe that together we will lay the foundation for Indonesia’s future," Mr. Ren reaffirmed.

The signing of the MoU and cooperation agreement was also attended by Lt Gen (ret.) Hinsa Siburian, BSSN chief, and Prof. Ir. Togar M. Simatupang M, Tech. Ph.D, IT Del rector.

Hinsa lauded Huawei for the close collaboration since the cooperation was inked in 2019. In his welcome remark, Mr. Jacky Chen, Huawei Indonesia CEO, said, "The renewal of the MoU marks a new milestone in our joint cyber security initiative as it will involve more universities and reach out wider public to benefit in this program." Nearly 7,000 government officials and civil servants have benefited from the collaboration between Huawei and BSSN since 2019 through various training activities, webinars and joint programs.

 

PR Newswire

Sangfor Releases Extended Detection, Defense and Response (XDDR) Application Containment

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HONG KONG, Sept. 16, 2021 — Sangfor Technologies (300454.SZ) announced the release of their long-awaited extended protection solution, XDDR Application Containment. Based on Sangfor’s XDDR security framework, Application Containment allows the network and endpoints (both on-premise or in-cloud) to work together to identify, control, and report on all applications running on endpoints, or using the network to communicate. Sangfor’s XDDR provides an integrated solution that protects against ransomware, malware, APTs, phishing websites and email, and potentially malicious applications.

The Most Powerful Application Containment Solution
The Most Powerful Application Containment Solution

Controlling and enforcing internet access policies in the workplace has not been easy. Employees want access to the internet for personal use as well as their work, making overly restrictive security solutions difficult to implement and maintain. Organizations deploy proxy servers to control access to the internet and external applications. This access control is necessary to maintain productivity, ensure users do not access malicious sites and unknowingly download malware, and to maximize bandwidth utilization for critical business applications.  Many users employ VPN (virtual private network) technology, anonymous browsers, and other proxy avoidance applications to bypass organizational security and content filtering policies enforced by the proxy servers. Sangfor XDDR Application Containment solutions enable the organization to quickly create Proxy Avoidance Protection policies for blocking usage of proxy avoidance tools and applications on the endpoint.

Sangfor’s NGAF (Next Generation Application Firewall), IAG (Internet Access Gateway) and Endpoint Secure products work cohesively to provide real-time visualization of all application communication throughout the entire network, quickly identifying proxy avoidance traffic. Proxy Avoidance Protection policies can quickly be built on the NGAF or IAG from Sangfor’s extensive library of anti-proxy and proxy avoidance applications. These policies are then deployed by Endpoint Secure to block or monitor anti-proxy applications.

Organizations can also create whitelists and blacklists of applications in Application Containment. This gives administrators granular control of applications running on PCs, laptops, and servers to prevent installation of malware and ransomware, especially with users working from home, to prevent infection of corporate, enterprise, or organizational networks, resources, and critical assets. Peripheral Control manages access to connected USB devices to prevent data leakage.

Traditional extended detection and response (XDR) is network security technology designed to provide increased visibility, analysis functions and response to cyber-threats in the network, cloud, applications, and endpoints. XDR is positioned as the most sophisticated technology available but tends to be more marketing hype than reality, having been developed as the progression of EDR, or endpoint detection and response, to work with non-integrated network security products. Unlike XDR products, Sangfor XDDR Application Containment is the only true solution where network and endpoint work together to identify, control, and report on both allowed and malicious applications running on endpoints and communicating across the network. Sangfor NGAF, IAG and Endpoint Secure coordinate responses so Application Containment can provide real-time blocking and monitoring of unapproved or malicious applications.

Control can be regained from rogue applications delivered by ransomware, malware and APTs that users bring into networks. Sangfor Application Containment blocks the bypassing of internet access controls and prevents users from bringing them in again.

For more information on Sangfor XDDR, or Sangfor’s entire suite of interconnected and intuitive security and cloud solutions, visit www.sangfor.com today. 

About Sangfor Technologies

Sangfor Technologies is a leading global vendor of IT infrastructure and security solutions, specializing in Cloud Computing & Network Security with a wide range of products & services including Hyper-Converged Infrastructure, Virtual Desktop Infrastructure, Next-Generation Firewall, Internet Access Gateway, Endpoint Protection, Ransomware Protection, Managed Detection and Response, WAN Optimization, SD-WAN, and many others.

Sangfor takes customers’ business needs and user experience seriously, placing them at the heart of our corporate strategy. Constant innovation and commitment to creating value for our customers help them achieve sustainable growth. Established in 2000, Sangfor currently has 7,500 + employees with more than 60 branch offices globally in exciting locations like Hong Kong, Malaysia, Thailand, Indonesia, Singapore, Philippines, Vietnam, Myanmar, Pakistan, UAE, Italy, Spain and the USA.

Media Contact:
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+86-755-8656 0605
marketing@sangfor.com

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PR Newswire

Financial Service Companies Look to Elevate Security by Partnering with Cloud Experts Offering Integrated Solutions

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Solutions that break down data help FSIs build a more collaborative and successful business, finds Frost & Sullivan

LONDON, Sept. 15, 2021 — The surge in cloud adoption in the UK has caused a simultaneous increase in the incidence of cyberattacks. The financial service industry (FSI), one of the leading adopters of cloud and new digital technologies, has often been a target for cybersecurity threat actors due to the sensitive nature of its data. To survive the waves of increasingly sophisticated attacks, FSI businesses turn to third-party cloud experts with integrated solutions that can offer them deep and wide-ranging visibility into their networks and devices.

Frost & Sullivan’s latest white paper, Modernising Operations and Customer Interactions in the UK Financial Services Industry, analyzes the opportunities and challenges inherent in FSIs’ recent migration to the cloud. It explores how the right solution provider can ensure successful outcomes.

To download the complimentary white paper, please visit: http://frost.ly/64h

"FSI businesses need to work with partners that understand the industry’s requirement for secure, compliant solutions and provide the right tools for data storage and management. Such tools can help avert costly repatriation, security challenges, and keep costs manageable," said Roberta Gamble, Partner & Vice President at Frost & Sullivan. "Advanced cloud solution providers such as NetApp are ideally positioned to address FSIs’ direct needs, creating greater organizational visibility through a ‘single pane of glass’ offering."

"FSI is a heavily regulated industry with significant internal compliance, so any solution deployed must ensure these requirements are met, while still providing all the value of moving to the Cloud, such as greater agility, accelerated modernisation and the increased ability to innovate.  NetApp provides both solutions and expertise to thousands of FSIs looking to deploy a Hybrid, Multi-cloud environment," said Steve Rackham, Senior Solutions Engineering Manager – FSI at NetApp.

With the right security solution, FSIs can be sure that:

  • The data is fully protected yet fully accessible wherever it resides.
  • The full benefits of cloud are realized while limiting risks.
  • They are compliant with all industry regulations.
  • Data backup and recovery from the cloud are optimal.
  • The management of a multi-cloud environment will be easy.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Contact:
Jaylon Brinkley
Corporate Communications
P: 210.247.2481
E: jaylon.brinkley@frost.com
http://ww2.frost.com

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PR Newswire

Veritas Appoints Brian Hamel as New Leader of Worldwide Field Operations

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Further demonstrating Veritas’ ability to execute in the cloud

SINGAPORE, Sept. 2, 2021 — Veritas Technologies, the global leader in enterprise data protection, today announced that Brian Hamel has joined the company as executive vice president of Worldwide Field Operations.

Brian Hamel (Executive Vice President of Worldwide Field Operations, Veritas Technologies)
Brian Hamel (Executive Vice President of Worldwide Field Operations, Veritas Technologies)

Brian started his career at IBM as an enterprise account manager and over a 30-year career held Infrastructure leadership positions in the U.S., Asia, and Europe. More recently, Brian spent approximately five years at Oracle as Senior Vice President, Cloud Business Group.

"I am delighted to welcome Brian Hamel to lead our global sales organization as we continue to attract top talent to Veritas’ leadership team," said Greg Hughes, chief executive officer at Veritas. "Brian’s experience leading global direct sales, channel partners, systems integrators, and cloud service providers will help us to even better serve our customers on their data management journeys."

"Veritas is the recognized market leader in enterprise data protection and customers across all industries rely on Veritas to keep their critical information safe and protected from threats such as ransomware," said Hamel. "The company is well positioned to help organizations keep pace with the growth and complexity of the cloud as data and workforces become even more distributed. I am thrilled to have the opportunity to drive growth for the company at such a crucial time by helping customers modernize their approach to data protection across their on-prem, hybrid and cloud environments."  

About Veritas

Veritas Technologies is a global leader in data protection, availability and insights. Over 80,000 customers—including 87 percent of the Fortune Global 500—rely on us to abstract IT complexity and simplify data management. The Veritas Enterprise Data Services Platform automates the protection and orchestrates the recovery of data everywhere it lives, ensures 24/7 availability of business-critical applications, and provides enterprises with the insights they need to comply with evolving data regulations. With a reputation for reliability at scale and a deployment model to fit any need, the Veritas Enterprise Data Services Platform supports more than 800 different data sources, over 100 different operating systems, more than 1,400 storage targets, and more than 60 different cloud platforms. Learn more at www.veritas.com. Follow us on Twitter at @veritastechllc.

Veritas and the Veritas Logo are trademarks or registered trademarks of Veritas Technologies LLC or its affiliates in the U.S. and other countries.

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Mobileum Named Sample Vendor in 2021 Gartner ® Hype Cycle™ reports titled, “Hype Cycle for Privacy, 2021” and “Hype Cycle for the Future of CSP Network Infrastructure”

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5G Network Security mentioned as a Key Technology as report states, "Securing 5G networks is a priority for CSPs and enterprises as the rise of private deployments, vertical applications, cloud architecture and massive IoT connections in 5G creates new vulnerabilities and challenges, such as potential DDoS attack vectors and entry points. "

CUPERTINO, Calif., Sept. 1, 2021 — Mobileum Inc. ("Mobileum"), a leading global provider of analytics solutions for roaming and network services, security, risk management, testing, and monitoring, is pleased to announce that it has been named a Sample Vendor in the 2021 Gartner reports titled,  "Hype Cycle for Privacy, 2021" [1] and "Hype Cycle for the Future of CSP Network Infrastructure, 2021"[2]. Mobileum is named in the 5G network security category.

According to Gartner, "securing 5G networks is a priority for CSPs and enterprises as the rise of private deployments, vertical applications, cloud architecture and massive IoT connections in 5G creates new vulnerabilities and challenges, such as potential DDoS attack vectors and entry points".What’s more, "security and risk management leaders managing technology, information and resilience risk consider privacy a top priority". Gartner estimates that, " By year-end 2023, 75% of the world’s population will have its personal data covered under modern privacy regulations, up from 25% today".[1]

"For CSPs to monetize more demanding 5G use cases, such as smart cities, they will need to guarantee security levels. This will require true end-to-end 5G network security spanning the core network, network slices, edge, and through to enhanced subscriber identity protection. We consider that being named by Gartner as a Sample Vendor for 5G network security category reinforces Mobileum market leadership position in telecom security and risk management space," stated Avnish Chauhan, CTO at Mobileum.

Mobileum’s Active Intelligence platform is a leading telecom-focused analytics technology that supports roaming, network services, security, risk management, and testing.  Mobileum’s network security product portfolio provides CSPs with end-to-end security and protection for 5G networks, services, and subscribers. Mobileum’s solutions enable secure interconnect between 5G networks, while ensuring backward compatibility across 5G, 4G, 3G, 2G MNO networks. The Active Intelligence platform ensures 5G network security with cross-protocol powered signaling firewalls, including SS7, GTP, Diameter, and SIP firewalls. Backed by Mobileum’s advanced analytics, penetration testing, SMS Spam Protect, and traffic anomaly detection, CSPs can detect threats before they happen, enabling them to deliver secure IoT connections, meet the higher security requirements for network slicing, and deliver 5G security demands needed for guaranteed QoS and QoE.

Sources (available to Gartner subscribers):

[1] Gartner, Hype Cycle for Privacy, 2021, Bart Willemsen, 13 July 2021.

[2] Gartner, Hype Cycle for the Future of CSP Networks Infrastructure, 2021, Sylvain Fabre, 12 July 2021. 

Gartner Disclaimer

GARTNER and HYPE CYCLE are a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be constructed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Mobileum Inc.

Mobileum is a leading provider of Telecom analytics solutions for roaming, core network, security, risk management, domestic and international connectivity testing, and customer intelligence. More than 1,000 customers rely on its Active Intelligence platform, which provides advanced analytics solutions, allowing customers to connect deep network and operational intelligence with real-time actions that increase revenue, improve customer experience and reduce costs.  Headquartered in Silicon Valley, Mobileum has global offices in Australia, United Arab Emirates, Germany, Greece, India, Portugal, Singapore, and UK.

More in www.mobileum.com and follow @MobileumInc on Twitter. 

Learn more in https://www.mobileum.com/  and follow @MobileumInc on Twitter 

Useful Contacts:

QUEXOR GROUP INC.

Barbara Henris | bhenris@quexor.com | Mob.: +1 (703) 470-9446

Media and Corporate Communications – Mobileum

Sandra Almeida  | sandra.almeida@mobileum.com | Mob. +351 939650229

Product Management and Analyst Relations – Mobileum

Carlos Marques | Carlos.Marques@mobileum.com | Mob. +351 939650124

PR Newswire

Stibo Systems receives SOC 2 Type I report

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SYDNEY, Aug. 30, 2021 — Stibo Systems, a global leader in multidomain Master Data Management (MDM) solutions, has received the SOC 2 Type I report from external auditors. The report is issued by the American Institute of Certified Public Accountants (AICPA) and serves as a third-party testament to the design and quality of the procedures and controls implemented for the company’s Software-as-a-Service (SaaS) offering. "We have proven that we have documented procedures and controls in place. And we have provided evidence that they are used in the best interest of our customers," says Martin Samuel Nielsen, Chief Information Security Officer of Stibo Systems. "As a Master Data Management SaaS provider, we securely manage our customers’ data to protect their organizations and the privacy of their clients." Stibo Systems’ customers are primarily asking for cloud solutions. More than 80 percent of the company’s new customers are choosing a Software-as-a-Service master data management solution.

About Stibo Systems

Stibo Systems, the master data management company, is the trusted enabler of data transparency. Our solutions are the driving force behind forward-thinking companies around the world that have unlocked the strategic value of their master data. We empower them to improve the customer experience, drive innovation and growth and create an essential foundation for digital transformation. This gives them the transparency they require and desire – a single, accurate view of their master data – so they can make informed decisions and achieve goals of scale, scope and ambition. Stibo Systems is a privately held subsidiary of the Stibo A/S group, founded in 1794, and is headquartered in Aarhus, Denmark. More at stibosystems.com.