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PR Newswire

OKEx resumes withdrawals of digital assets

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Restoring its full range of services for all users

VALLETTA, Malta, Nov. 27, 2020 — OKEx (www.okex.com), a world-leading cryptocurrency spot and derivatives exchange, has restored its full range of services for its users by reopening withdrawals of all digital assets as of 8:00 am UTC, Nov. 26. The OKEx team ran comprehensive security checks prior to resuming normal operations of the hot wallet system to ensure the safety of users’ funds.

As part of its continued pledge to full transparency, OKEx has always maintained 100% of reserves since its inception. As such, users are able to withdraw funds with no restrictions. Alongside reopening withdrawals, the Malta-based exchange is offering generous loyalty rewards for users as a gesture of appreciation for their support and understanding during this time. 

While all other operations of the exchange remained unaffected, withdrawals from OKEx were temporarily suspended on Oct. 16 to guarantee the safety of users’ assets, which remains OKEx’s number-one priority at all times. Over the years, the exchange has gained unrivaled experience in safely operating digital wallets, assets and transactions with no major security incidents. 

"We are pleased to be back to operating at full capacity, with all trading activity, deposits and withdrawals functioning as expected and security measures in place to ensure the safety of user assets. Beyond continuing to provide more diverse products, trading tools and innovative solutions for our customers, the security of their funds is our primary concern," said OKEx CEO Jay Hao. 

OKEx maintains rigorous security standards to ensure the safety of digital assets through a combination of cold storage and a hot wallet system that is protected by the exchange’s online and semi-online risk-management systems, semi-offline multisignature services, big data risk-management systems and other protection mechanisms. Working together, they check for abnormal behaviors in transaction amount or frequency and delay or refuse any transactions deemed suspicious, thereby quickly preventing large withdrawals from malicious actors.

The exchange also has an extensive backup mechanism in place for private key holders to ensure that each holder can trigger the activation of the backup private key in the event of long-term incapacitation, such as death or memory loss. On this occasion, however, OKEx had failed to take other specific scenarios into account, such as private key holders becoming unreachable due to unforeseen circumstances. 

"We are working hard to restore user trust and will be rolling out a solution to improve our internal processes so that we can try our best to prevent this type of situation from happening in the future," Jay Hao added.

OKEx has secured its reputation and position as a world-leading exchange through its continued innovation and diverse product offering as well as strict adherence to laws and regulations around the world, establishing robust Know Your Customer checks and anti-money laundering mechanisms. Building on its solid platform and loyal user base in conjunction with continued collaboration with regulators, OKEx looks forward to continuing to serve customers and furthering the development of the blockchain space.

About OKEx

A world-leading cryptocurrency spot and derivatives exchange, OKEx offers the most diverse marketplace where global crypto traders, miners and institutional investors come to manage crypto assets, enhance investment opportunities and hedge risks. We provide spot and derivatives trading — including futures, perpetual swap and options — of major cryptocurrencies, offering investors flexibility in formulating their strategies to maximize gains and mitigate risks.

                                                

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PR Newswire

5 Ways to Combat Fraud During the Holidays

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Black Friday and the holiday season will bring more fraud attempts – here’s how to protect yourself

SAN JOSE, Calif., Nov. 25, 2020 — Highlights:

5 Tips to Combat Fraud Online During the Holidays
5 Tips to Combat Fraud Online During the Holidays
  • The pandemic is driving holiday shoppers online creating a more lucrative target for fraud and scams targeting consumers.
  • FICO’s Liz Lasher has five top tips for consumers to avoid fraud over the 2020 holiday shopping period.
  • Find out what banks are doing to protect consumers from fraud these holidays.
  • Start a conversation with Liz on twitter @LizFightsFraud about fraud or our tips.

As we head into the holiday season, you’ve probably had enough stress in 2020. But wait––yet another wrench has been thrown in this challenging year! Fraud has spiked during the pandemic, with criminals upping their game as consumers swing into holiday shopping mode. Read on for five powerful fraud-fighting tips to help you break out of the 2020 doldrums and end the year with a little less stress!

More information: https://www.fico.com/blogs/holiday-fraud

Like COVID, Fraud Is Rampant

The fraud problem has gone viral – consumers have filed more than 130,000 reports of fraud to the FTC and have lost $182 million to these activities during the pandemic. UK Finance reports over £27 million was lost to fraud at online marketplaces and auction websites in the first half of 2020. Just as COVID has dramatically impacted our shopping habits, it’s affected our financial safety, too.  

With that in mind, there are actions you can take right now to protect yourself from fraud and identity theft.

It Pays to Protect Yourself

"When it comes to financial fraud, such as account takeover, banks are on your side," said Liz Lasher, vice president of Fraud, Financial Crime and Cyber Risk Portfolio Marketing at FICO. "However, prevention is critical, particularly when it comes to identity theft, because the clean-up can be quite difficult and messy, and recovering stolen funds can be a tedious, months-long process.

"Credit card fraud is more quickly resolved, but you may still have to go through the hassle of having transactions declined and filing a fraud claim with your bank or card provider. At the other end of the spectrum, scams, or as the industry calls it ‘authorized push payment fraud’ can have traumatic, long-term effects. It occurs when you, the consumer, approve a transaction, and you are most often held liable for the payment. In this instance, banks will not always foot the bill for damages.

"To reduce your risk of being a victim of any of these crimes, here are my five top tips to protect yourself against fraud this holiday season."

Tip : Revisit Your Password Habits

We’ve all pretty aware of the concept of strong passwords, mixing lowercase letters, capitals, numbers and symbols. But let me challenge you change your thinking, because it turns out that long passwords are even more important than strong passwords. The length and strength of a password, combined, is the strongest deterrent to a hacker cracking your password with brute-force computing power.

It’s also important is to use a unique password for each of your accounts, particularly important ones—not just bank and brokerage accounts, but PayPal, Gmail and Amazon, everything! I can’t overemphasize the effectiveness – and elegant simplicity – of browse-based password managers that suggest randomized long, strong passwords, and manage them for you.

Tip : Take Advantage of Authentication Features

I highly recommend using any additional authentication capabilities offered by apps and websites you visit frequently; they’re a second layer of protection to make sure you’re really you. The easiest type to use is a one-time passcode, which can be texted or emailed to you.

Face biometrics are increasingly popular, too, particularly for banking and financial apps. If an app has a face biometrics capability (like Face ID on the iPhone), use it. You may run across someone who thinks you shouldn’t use face authentication because then the government will have your picture and personal information. This was the subject of a recent meme, the punch line of which said, ‘Wait until [this guy] finds out about driver licenses.’ Very funny, but in all seriousness, face biometrics and voice biometric authentication are a growing part of a multi-prong approach to increasing the security around your accounts.

Tip #3: Use Trusted Payment Methods

New payment apps are cool, but be careful. Do your research, read the reviews, and check Google carefully to see if the app is a scam. If in doubt, use ApplePay, PayPal, or another payment app you know and trust.

If you’re sending cash from your online or mobile banking app, and you need to send money to a new recipient, do a test transaction with a small amount of money and ask that person to confirm they got it. I did this the other day when I was paying someone to inspect my house for termites. It was a $100 inspection, but I was worried I’d type in the wrong phone number and send $100 to the wrong person. We did a $1 test transaction together to make sure I got his information correct.

Tip #4: Be Skeptical

It’s the giving season—during a pandemic—which multiplies the opportunities for fraudsters to try to scam you. Although GoFundMe states that "the overwhelming majority of fundraisers on our platform are safe and legitimate," scams do happen there and many other places. Unfortunately, not every scam is identified and prosecuted; unless you personally know the person or family benefiting from a contribution, or can verify that the recipient’s identity and need, think twice (hard) before you donate.

To protect yourself from charity and disaster fraud (such as relief funds that spring up after hurricanes and wildfires), make sure the donation website is legitimate. It’s very easy for criminals to create lookalike websites that siphon off credit card and personal information, which can then be quickly used to run up fraudulent transactions. The FBI has a very useful tip sheet to help you spot fake charity and disaster sites.

Tip #5: Monitor Your Credit Report

Everyone––and I mean everyone––needs to monitor their credit reports. Not just to stay informed about credit history, but also a proxy for early indication of fraud such as identity theft. If you have young children, or take care of your elderly members of your family, or don’t expect needing credit yourself anytime soon, you can also consider freezing your credit. This will also freeze all of the accounts associated with your identity.

At the very least, periodically reviewing credit reports will help you find out if anything strange or unexpected is happening. Nipping identity theft or credit misuse in the bud could help you avoid losing a few dollars or a large sum of money, as well as well as having to rebuild your credit health.

Want to see what banks are doing to keep you safe? Check out this blog post on Out of Sight: How Banks Protect Consumers from Credit Card Fraud.

Have questions or comments on my fraud-fighting tips for this holiday season? Tweet at me on Twitter @LizFightsFraud.

About FICO
FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956 and based in Silicon Valley, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 195 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 100 countries do everything from protecting 2.6 billion payment cards from fraud, to helping people get credit, to ensuring that millions of airplanes and rental cars are in the right place at the right time.

Learn more at http://www.fico.com

FICO is a registered trademark of Fair Isaac Corporation in the U.S. and other countries.

Photo – https://techent.tv/wp-content/uploads/2020/11/5-ways-to-combat-fraud-during-the-holidays.jpg 
Logo – https://techent.tv/wp-content/uploads/2020/11/5-ways-to-combat-fraud-during-the-holidays-2.jpg

 

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PR Newswire

Frost & Sullivan awards Digital14 ‘Company of the Year’ in the United Arab Emirates cybersecurity services industry

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DUBAI, UAE, Nov. 25, 2020 — Based on its recent analysis of the United Arab Emirates (UAE) cybersecurity services market, Frost & Sullivan recognizes Digital14 with the 2020 UAE ‘Company of the Year’ award. Since its inception in 2019, Digital14 has built and cultivated valuable and deep partnerships within the government and commercial sectors, leading clients through their digital transformation and cybersecurity journeys. The organization builds on a diverse set of practices created to launch, foster, and spearhead the development of commercial cybersecurity capabilities in the UAE. This encompasses end to end delivery of cyber and digital transformation from ideation to implementation leveraging its cyber services, secure solutions, government solutions, digital transformation, and digital and cyber education capabilities.  

Each year, Frost & Sullivan presents a Company of the Year award to the organization that demonstrates excellence in growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies and the resulting leadership in terms of customer value and market penetration.

Digital14 has made strong inroads into the UAE marketplace, providing services to several government entities in Abu Dhabi as a leading thought leader and advisor. Through its comprehensive cyber services offering, government and commercial sector clients can assess, transform, and manage their cybersecurity posture. Additionally, Digital14 leverages its broad spectrum of cybersecurity capabilities to assist its clients with their cybersecurity policy compliance, strategy, breach preparedness, incident response, and security operations.

Frost & Sullivan’s assessment scorecard considers a company’s visionary innovation and performance, as well as customer impact. In terms of innovation, nominees are judged based on excellence in five criteria: addressing unmet needs, visionary scenarios through megatrends, implementing best practices, financial performance, and blue ocean strategy. To satisfy this last criteria, a company must continually demonstrating strategic focus to create a leadership position in a potentially uncontested market space, manifested by strong barriers to entry for competitors. Regarding customer impact, a further five areas are thoroughly evaluated including price/performance value, customer purchase experience, customer ownership experience, customer service experience, and brand equity.

"To receive the Company of the Year award, winning organizations are always required to demonstrate excellence in growth, innovation, and leadership. They have a keen eye on the future and are often the first to market new solutions, driving innovation that meets upcoming needs before becoming commonly visible and focusing on delivering the best products at optimal prices to maximize customer value and experience," said Saurabh Verma, Director – ICT, Middle East, Frost & Sullivan. "Digital14 is a trusted advisor within the UAE and, through its governance, risk management and compliance (GRC) advisory group, helps the government and private sector develop, improve, and govern cybersecurity regulations. As a result of our research, we at Frost & Sullivan are pleased to recognize Digital14 as Company of the Year in the UAE cybersecurity services industry."

Organizations in the UAE are showing a positive inclination for cybersecurity services, striving to improve their security postures in the face of an increased threat landscape that involves mobile devices, cloud services, applications, and network protocols. For instance, many service providers and organizations are building their own digital and cybersecurity strategies to support their business transformation journey. Infrastructure, software, and related digital services are evolving rapidly, consequently widening the threat landscape.

"The Internet of Things (IoT) and Smart Cities are pushing for a new level of cybersecurity, which Digital14 offers through a combination of innovative cybersecurity solutions," added Verma. "Another big mission for the company is to close the skills gap in the cybersecurity domain by nurturing and growing the next generation of digital and cybersecurity-centric talent. Its customer-centricity and close partnership with the government are expected to ensure the company continues playing a leading role in raising the country’s cybersecurity awareness."

Frost & Sullivan Best Practices Awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

For over five decades, Frost & Sullivan has become 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:

Tarini Singh 
P: +91-20 6718 9725 
E: Tarini.Singh@frost.com

About Digital14

Delivering trust in a world where cyber risks are a constant threat, Digital14 guides clients on their journeys to reach unprecedented heights and navigate what lies ahead in tomorrow’s digital frontier. Digital14, established in 2019, is part of ADQ, one of the region’s largest holding companies with a diverse portfolio of major enterprises spanning key sectors of Abu Dhabi’s non-oil economy. Based in the regional and global innovation hub of Abu Dhabi, this provides the ideal platform for Digital14 to accelerate digital advancement and cyber resilience solutions via robust, end-to-end solutions. Whether it is enjoying the freedoms of a protected internet, secure transactions or safe communications – we Protect, Transform, and Nurture today so that everyone can flourish with the freedom to achieve their potential, tomorrow. For more information, visit digital14.com

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PR Newswire

The Resiliency Gap Widens: Failure to Keep Pace with Complexity in Multi-Cloud Environments Leaves Singapore Businesses at Risk of Ransomware, Finds Veritas Survey

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An average of 14 cloud providers were used to drive business transformation, but complexity can lead to risk unless comprehensive data protection tools are used

SINGAPORE, Nov. 19, 2020 — Veritas Technologies, a global leader in data protection, availability and insights, today highlighted the challenges that businesses around the globe are facing as they try to protect data stored in complex hybrid multi-cloud environments, from the growing threat of ransomware. In the 2020 Ransomware Resiliency Report, Veritas found that only 49% of respondents in Singapore said that their security has kept pace with their IT complexity, underscoring the need for greater use of data protection solutions that can protect against ransomware across the entirety of increasingly heterogenous environments.

Need to pay ransoms

Typically, if businesses fall foul to ransomware and are not able to restore their data from a backup copy of their files, they may look to pay the hackers responsible for the attack to return their information. The Veritas research showed that companies with greater complexity in their multi-cloud infrastructure were more likely to make these payments. The mean number of clouds deployed by those organisations who paid a ransom in full was 17.11. This increased to 18.61 for those who paid only part of the ransom and went as low as 3.67 for businesses who didn’t pay at all. In fact, only 20% of businesses with fewer than five clouds paid a ransom in full, less than for those (30%) with more than 20 clouds.

This compares with 70% of the under-fives paying nothing to their hackers and just 6% of those with five to twenty clouds.

Overall, a staggering 72% of organisations in Singapore who suffered a ransomware attack either paid the ransom in full or in part.

Slow recovery times

Complexity in cloud architectures was also shown to have a significant impact on a business’s ability to recover following a ransomware attack. While 45% of those businesses with fewer than five cloud providers in their infrastructure saw their business operations disrupted by 5 to 10 days, only 40% of those with more than 20 were as fast to return to normal. Moreover, 12% of the over-20s took less than 5 days to recover, with just 44% of the under-fives having to wait so long.

Regardless of number of cloud services deployed, 43% of respondents estimated 5 to 10 average days of business disruption due to a ransomware attack on average.

Inability to restore data

Furthermore, according to the findings of the research, greater complexity in an organisation’s cloud infrastructure, also made it slightly less likely that they would ever be able to restore their data in the event of a ransomware attack. While 49% of businesses with fewer than five cloud providers were able to restore 90% or more of their data, just 39% of enterprises building their infrastructure on more than 20 cloud services were able to say the same.

When hit by a ransomware attack, the average Singapore business would see 22% of its data impacted while 11% of them would see more than half of their data affected.

Andy Ng, Vice President and Managing Director, Asia South Region at Veritas said: "The pandemic has fast-tracked digital transformation in companies; we found that the average company in Singapore engages with 14 cloud services to drive their digital strategy. The hybrid multi-cloud has emerged as a key component to the digital strategy of companies setting themselves up to face the realities of a new business-as-usual world. Our research has revealed that many companies have not kept pace with the complexity that comes with multi-cloud environments, rendering them vulnerable towards the threats of ransomware. To mitigate the short-term panic and long-term reputation damage from a ransomware attack, companies need to partner with a trusted advisor to ensure they receive independent advice on the right data protection strategy that can work seamlessly across all clouds for their business."

Businesses recognise the challenge

The Veritas research revealed that many businesses are aware of the challenge that they face, with 49% of respondents believing that their security had kept pace with the complexity in their infrastructure. The top concerns as a result of this complexity, as stated by businesses, was the increased risk of internal (36%) attacks followed by and external (35%) attacks.

Andy continued: "The unique security challenges posed by increased multi-cloud adoption combined with an everchanging threat landscape requires pro-active measures put in place for prevention and mitigation. It is imperative for companies deploy corresponding data protection solutions to close that resiliency gap in order to protect increasingly valuable digital assets."

Need for investment

Over half of Singapore businesses (55%) shared that they had increased their budgets for security since the advent of the COVID pandemic. On the other hand, 28% have worryingly decreased it. There was a correlation between this elevated level of investment and the ability to restore data in the wake of an attack: 46% of those spending more since the Coronavirus outbreak were able to restore 90% or more of their data, compared with just 40% of those spending less. The results suggest that there is more to be done though, with the average business being able to restore only 83% of its data.

Back to basics

While the research indicates that organisations need to more comprehensively protect data in their complex cloud infrastructures, the survey also highlighted the need to get the basics of data protection right too. Only 50% of respondents could claim that they have offline backups in place, despite the fact that those who do are more likely to be able to restore more than 90% of their data. Those with multiple copies of data were also better able to restore the lion’s share of their data. 59% (10% more than the global average) of those with three or more copies of their files were able to restore 90% or more of their information, compared with just 35% of those with only two.

The three most common data protection tools to have been deployed amongst respondents who had avoided paying ransoms were: anti-virus and endpoint security (55%), keeping an offline backup of data (50%) and storing copies of backups in different locations (44%).

Global trends

While majority of organisations in Singapore have not experienced any ransomware attacks (69%), the safest countries to be in to avoid ransomware attacks were Poland and Hungary. Just 24% of businesses in Poland had been on the receiving end of a ransomware attack, and the average company in Hungary had only experienced 0.52 attacks ever. The highest incident of attack was in India, where 77% of businesses had succumbed to ransomware, and the average organisation had been hit by 5.27 attacks.

To read the full 2020 Ransomware Resiliency Report, please visit: https://www.veritas.com/defy/ransomware.

Methodology

The 2020 Ransomware Resiliency Report was carried out by Wakefield Research in September 2020 and includes the responses to questions from 2,690 senior IT executives at companies of 1,000 or more employees in Australia, Benelux, China, France, Germany, Hungary, India, Italy, Japan, Poland, Russia, Saudi Arabia, Singapore, Spain, South Africa, South Korea, Sweden, Turkey, UAE, UK and US.

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, 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.

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PR Newswire

Netskope Launches NewEdge Data Center Expanding Coverage Across North Asia

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Newest data center enhances the carrier-grade NewEdge security private cloud network to deliver even higher performance web, cloud, and SaaS security across the region

SANTA CLARA, Calif., Nov. 17, 2020 — Netskope, the leading security cloud, today announced the expansion of the Netskope NewEdge network with a new data center in Seoul, South Korea. Serving millions of enterprise users around the world, Netskope NewEdge is a carrier-grade, security private cloud network that is reserved exclusively for Netskope customers. With South Korea representing a ‘top five’ economy in Asia and ‘top 15’ globally, the addition of the Seoul data center enhances the NewEdge infrastructure and demonstrates an increased investment in the region. This translates into improved coverage for Netskope services with high performance and lower latency, especially important for companies headquartered in the region or multinationals with a presence in Northern Asia.

"Our customers are rapidly moving away from legacy backhaul architectures, embracing the cloud, and looking to acquire security technology that controls data movement, guards against threats and secures users both inside and outside the enterprise network," said Jay Kwon, CTO at VicCns Co., Ltd. "With Netskope launching a new data center in Seoul paired with the NewEdge network’s local peering for the fastest access to web, cloud and SaaS in region, we expect increased adoption of Netskope cloud security across Korea in the coming months."

As organizations continue to balance the remote or hybrid-office workforce, they are relying on cloud-based solutions to seamlessly bridge the gap from office to home for their employees. With 20% of users moving sensitive data among multiple cloud apps and services, businesses must continue to prioritize security during this era of rapid digital transformation.

"We’re excited to continue our expansion across Asia-Pacific with the launch of the NewEdge data center in Seoul," said Jason Hofmann, VP Platform Architecture and Services at Netskope. "With just 5% to 10% of the latency compared to other vendors based on 3rd-party tests, Netskope is now unequivocally the highest-performing cloud security provider in South Korea, with the fastest on-ramps for user traffic and best round trip times for web, cloud and SaaS access."

The decades-long efforts to digitally transform enterprises have pushed the capabilities of the public internet to its maximum. Inherently unpredictable and unsecure, the public internet is strained by users who demand great web, cloud, and private application performance and enterprises that demand more security. Compounding this challenge, legacy security tools often introduce delays to accessing these critical services. As a result, industry analysts have scrutinized the reliance on the public internet for security of these services, giving rise to new architectural frameworks like Gartner’s "secure access service edge" (SASE) that enterprise security leaders are moving to adopt.

Netskope NewEdge is built by industry veterans representing the largest and most performant networks ever built. Like no other network, NewEdge delivers inline security services through a carrier-grade, next-generation global infrastructure based on advanced application and network optimization technologies and processes. As a private cloud network, NewEdge optimizes connectivity with its resilient global architecture, which is directly peered with major providers, mitigating the challenge of the public internet. This enhances the overall user experience, resulting in a better web, cloud, and private application performance for most Netskope customers.

The Netskope Security Cloud, delivered on NewEdge, provides unrivaled visibility and real-time data and threat protection for cloud services, websites, and private apps accessed from anywhere, on any device. No other company in the market has addressed shifting demands by combining Next-Generation SWG capabilities, the world’s leading CASB, Cloud Security Posture Management, Zero Trust Network Access, and advanced machine learning to detect unauthorized data exfiltration and advanced threat protection. Only Netskope understands the cloud and takes a data-centric approach that empowers security teams with the right balance of protection and speed they need to secure their digital transformation journey.

To accelerate deployment and simplify administration for network teams, Netskope supports the most flexible options of any vendor for steering traffic to the NewEdge network. This includes Netskope’s lightweight client for managed devices or a traditional proxy auto-config (PAC) file-based approach. NewEdge also works seamlessly with a customer’s existing router, firewall, and proxy investments utilizing IPSec/GRE tunnels or proxy chaining, as well as plug-and-play integrations with SD-WAN solutions. To extend security and data protection to unmanaged users and devices, Netskope also supports an extensive set of clientless options to enable any web-based, SaaS application.

To learn more, visit http://www.netskope.com/newedge.

SASE Week
Join Netskope December 7-11 for SASE Week, catered to helping attendees understand SASE architecture and enable their digital transformation journey. The week-long event will feature partners, customers, and analysts to demystify SASE for enterprises everywhere and educate about how Netskope was purpose-built for SASE. In addition to SASE, our speakers will look at topics like zero trust and data protection.

To learn more or register visit: saseweek.splashthat.com

About Netskope
The Netskope security cloud provides unrivaled visibility and real-time data and threat protection when accessing cloud services, websites, and private apps from anywhere, on any device. Only Netskope understands the cloud and delivers data-centric security from one of the world’s largest and fastest security networks, empowering the largest organizations in the world with the right balance of protection and speed they need to enable business velocity and secure their digital transformation journey. Reimagine your perimeter with Netskope.

Media Contact
Shannon Campbell
Offleash for Netskope
netskope@offleashpr.com

 

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PR Newswire

Tanium Collaborates with IBM to Provide Endpoint Manageability, Security and Compliance for Regulated Industries

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Tanium’s endpoint management and security platform allows customers to continuously evaluate, update and enforce compliance standards within IBM hybrid cloud deployments

EMERYVILLE, Calif., Nov. 17, 2020 — Tanium, the provider of unified endpoint management and security built for the world’s most demanding IT environments, today announced it is working with IBM to create a security and compliance monitoring solution for hybrid cloud, creating an easy path to verify and validate compliance for highly regulated industries such as healthcare, financial services and government. IBM Cloud customers can access Tanium-delivered compliance monitoring for continuous, real-time visibility across endpoints everywhere. This collaboration is designed to enable customers to manage and protect their mission-critical workloads in a distributed hybrid cloud environment.

Agility is a key requirement for every industry and adopting a strong hybrid cloud strategy is a key enabler of that agility. For financial services, healthcare and government organizations, however, meeting regulatory requirements and addressing security exposures continue to be concerns for cloud adoption. Because most public cloud environments are still hardening their compliance and security instrumentation, regulated industries find they spend too much time, effort and money to obtain complete and consolidated audit evidence for cloud workloads. This is why, as recently as 2017, a Reuters analysis found that 80 percent of financial transactions and 95 percent of ATM transactions still ran on premises.  

"For financial services, telecommunications, healthcare and government organizations in particular, regulatory requirements and security concerns continue to be an obstacle for cloud adoption," said Howard Boville, senior vice president, IBM Hybrid Cloud. "Highly regulated organizations often face the need to choose between spending significant time, effort and money to obtain audit evidence for the workloads they migrate, or not modernizing at all. We are working with our ecosystem partners to deliver solutions that can help clients modernize in an efficient and secure way. Tanium is one of our key partners that brings deep knowledge of endpoint security and compliance, and by making that information readily available in a hybrid cloud environment, we’re aiming to ease these challenges for our clients."  

Tanium and IBM are collaborating to provide highly regulated industries, such as financial services, a consistent approach for real-time visibility, security and compliance to help them benefit from hybrid cloud transformations. Gartner predicts* that, "by 2023, companies that earn and maintain digital trust with customers will see 30% more digital commerce profits than their competitors."

Moving forward, IBM expects to integrate Tanium’s capability into its Security and Compliance Center that provides continuous compliance assessment, enforcement and remediation that organizations can leverage within the IBM Cloud.

"Tanium works with the majority of the Fortune 100, and the largest banks, healthcare companies and governments globally. Our large customers all have complex regulatory compliance requirements, which are often their biggest inhibitors to cloud-enabled modernization," said Orion Hindawi, co-founder and CEO, Tanium. "Through our collaboration with IBM, we’re helping our customers get the comprehensive visibility and control they need across the compute assets in their environment, both on premise and in the cloud. As a result, Tanium’s platform seamlessly integrated with IBM’s strong compliance framework will help customers to satisfy their regulatory needs, and let them accelerate the massive benefits cloud migration can provide them."

To learn more about how Tanium is enabling hybrid cloud management and security, visit https://www.tanium.com/cloud-infrastructure.

*Gartner, "The State of Privacy and Personal Data Protection, 2020-2022", Nader Henein, et al, 26 August 2020.

About Tanium

Tanium offers a unified endpoint management and security platform that is built for the world’s most demanding IT environments. Many of the world’s largest and most sophisticated organizations, including nearly half of the Fortune 100, top retailers and financial institutions, and six branches of the US Armed Forces rely on Tanium to make confident decisions, operate efficiently and effectively, and remain resilient against disruption. Tanium has been named to the Forbes Cloud 100 list of "Top 100 Private Companies in Cloud Computing" for five consecutive years and ranks 10th on FORTUNE’s list of the "100 Best Medium Workplaces." Visit us at www.tanium.com and follow us on LinkedIn and Twitter.

PR Newswire

Megvii accelerates international roll-out of Koala smart access solution

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BEIJING, Nov. 16, 2020 — Megvii Technology Limited announced the deployment of its facial recognition-based smart access solution, Koala, in Japan, Singapore, Thailand, Brazil, and the United Arab Emirates (UAE), to help international enterprise customers enhance safety and strengthen security in commercial and office settings. This represents another milestone in the Company’s efforts to help businesses across the globe accelerate their digital transformation with AI.

The Koala solution is designed to support enterprise customers in authenticating and controlling access to private and restricted locations, such as office buildings, school campuses, and residential compounds. Powered by Megvii’s proprietary algorithm, the solution enables swift authentication and registration of authorized personnel and supports functions such as attendance tracking and visitor registration and management.

Overseas locations that have recently installed Koala include:

  • Hug Gym, Chiang Mai, Thailand: Megvii customized and deployed a comprehensive smart access solution that allows gym managers to monitor and supervise the reception area with ease, including enabling one-to-one facial authentication for employees and registered gym members. The solution also encompasses real-time alerts to flag unauthorized access into the premises.
  • SEB High School, Brazil: Megvii deployed the Koala solution to improve campus safety and security, allowing for one-to-one facial authentication and identity verification of students, teachers, administrators, and other school staff. The system can also swiftly detect and flag access by unauthorized persons.
  • One of the Largest Oil Rig Builders in the United Arab Emirates (UAE): The Koala solution was deployed to enable the efficient verification of over 20,000 employees and registered visitors. This also removes the need for employees to use access cards or fingerprint verification, which can take considerably longer than one-to-one facial authentication, especially in the challenging environment of field operation.

About Megvii

Established in 2011, Megvii is a world-class AI company with a core competency in deep learning. Leveraging its proprietary AI productivity platform Brain++, Megvii focuses on three key verticals: Personal IoT, City IoT, and Supply Chain IoT. Megvii provides full-stack solutions to customers, integrating algorithms, software, hardware, and AI-empowered IoT devices.

Related Links :

https://www.megvii.com/

PR Newswire

AlpVision to offer free of charge security feature to protect COVID-19 relevant medicines against counterfeiting

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VEVEY, Switzerland, Nov. 13, 2020 — On November 13th, 2020, AlpVision is launching the "AlpVision COVID-19 Initiative" helping pharmaceutical companies to protect COVID-19 relevant medicines against counterfeiting.

Authentication using smartphones
Authentication using smartphones

COVID-19 has caused not only a worldwide health crisis, but also created unprecedented economic challenges. In response, AlpVision has decided to launch the "AlpVision COVID-19 Initiative". The initiative supports pharmaceutical companies by providing them for free with the necessary tools to protect COVID-19 relevant medicines and vaccines against counterfeiting.

To do so, AlpVision will provide pharmaceutical companies and their suppliers with all necessary tools to deploy the Cryptoglyph on their packaging. The AlpVision Cryptoglyph is a digital security feature which can be implemented and deployed within just a few weeks. The Cryptoglyph is invisible to the human eye and authentication of a product protected with a Cryptoglyph is done using a regular smartphone. Securing of packaging with a Cryptoglyph is very easy as it neither changes the standard production process, nor requires additional consumables. In addition, the smartphone applications connect to AlpVision’s Brand Monitoring System (BMS), a centralized server platform through which pharmaceutical companies are able to monitor in real-time product authentication activities and gain important insight into counterfeiting activities.

The "AlpVision COVID-19 Initiative" starts on November 13th, 2020, and subscription will run for an initial period of three months. Participating companies will be able to protect their COVID-19 relevant products with zero additional cost for the authentication feature. AlpVision will provide this service gratuitously until the pandemic is officially declared as ended by the World Health Organization. Companies interested in participating in the initiative are invited to contact AlpVision. More information can be found online at www.alpvision.com/Covid/.

ALPVISION – MORE THAN ANTI-COUNTERFEIT SOLUTIONS

AlpVision was founded in 2001 and is the world’s leader in digital anti-counterfeiting technologies for product authentication and counterfeit protection. AlpVision’s digital anti-counterfeiting solutions for product authentication are applicable to a wide variety of items, including packaging and labelling, plastic and metal products, and high-value documents. AlpVision anti-counterfeiting solutions are commercialized worldwide under license agreements as entirely customizable turnkey computerized systems. Today AlpVision protects over 30 billion of products each year. More information is available at www.alpvision.com. Join us on LinkedIn and follow us on Twitter.

Cryptoglyph and AlpVision are registered trademarks of AlpVision SA. Smart Embossing, AlpVision Fingerprint® and Krypsos are trademarks of AlpVision SA.

Contact:

Martin Kutter 
+41 21 948 6464  
avinfo-20@alpvision.com

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Related Links :

http://www.alpvision.com

PR Newswire

Egis and Cylus Partner to launch a Center of Excellence, for Rail Cybersecurity Services

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TEL AVIV, Israel, Nov. 13, 2020 — Egis and Cylus, the leading rail cybersecurity company, announced today that they are joining forces to form a Center of Excellence for advanced, rail-focused, cybersecurity services. The Center of Excellence will support rail companies around the world in building cyber resiliency and securing critical networks.

Cybersecurity is a growing concern for the railway industry. Egis and Cylus bring their combined expertise in offering end-to-end cybersecurity services, encompassing all aspects of the rail operational network’s life-cycle. Designed by the world’s foremost experts, based on methodologies, technologies, and standards (IEC 62443), the Center of Excellence delivers a wide array of advanced security solutions and services to customers worldwide. From development of strategy, through identification of cyber risks, to detection and response to incidents, railway companies will be supported in all aspects of cybersecurity.

"We are excited to collaborate with Cylus, the leading rail cybersecurity company. Joining forces enables us to provide our customers, unique domain expertise as well as cutting-edge cybersecurity know-how and best practices." Says Olivier Bouvart, Executive Director Rail of Egis and adds "We decided to take action and be proactive in supporting our customers by preparing them for the growing risk of cyber threats."

"We’re excited to work with Egis Rail, which has decades of experience in providing mobility services around the globe." Says Amir Levintal, CEO of Cylus, "This partnership strengthens our capabilities to provide end-to-end support to rail organizations in meeting the specter of cyber threats. Our joint services are designed specifically for the railway industry and will enable our customer to focus on their day-to-day operations, business, and growth, leaving their cyber-defense management to our security experts. We are certain that this partnership will drive the rail industry towards a cyber-safe future."

For more information, visit the Center of Excellence.

About Cylus

Cylus leads rail transport towards a cyber-safe future by protecting railway systems against cyber threats.

With a 100% focus on rail-cybersecurity, Cylus is the first software company to address the railway industry’s unique, complex and divergent needs. Cylus rail cybersecurity solutions are trusted by top-tier railway companies globally and the rail ecosystem as a whole. For more information please visit – https://www.cylus.com

Press contacts:
Ben Kapon – Tel.: +972-52-6100006
kapon@cylus.com 

About the Egis group

Egis is a major international group in the construction engineering and mobility services sectors whose unique global service range encompasses infrastructure consulting, engineering and operation. Through our capacity for innovation, we respond to the climate emergency and to the greatest challenges of our time by offering solutions and acknowledged know-how in the areas of transportation and mobility, sustainable city construction, buildings, water, the environment and energy.

A 75%-owned subsidiary of Caisse des Dépôts, with the remaining 25% held by partner executives and employees, Egis Imagine a sustainable future, working for populations and social progress.

€1.22 bn managed turnover in 2019
15,800 employees

 

Press contacts

Isabelle Bourguet Mayrand
Strategy, Marketing and Communications Director
Tel.: +33 (0)1 39 41 44 17 / +33 (0)6 17 10 29 70
isabelle.bourguet@egis.fr

Sabine Mendy

Deputy Communications Director

Tel.: +33 (0)1 39 41 43 05 / +33 (0)6 25 33 02 64
sabine.mendy@egis.fr

 

Related Links :

http://www.egis.fr

PR Newswire

INCA Internet expands to India and Southeast Asia with nProtect AppGuard

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SEOUL, South Korea, Nov. 13, 2020 — INCA Internet Co., Ltd, the leading online and mobile security solution vendor headquartered in South Korea, today announced its expansion to India and Southeast Asia with their flagship mobile app security solution, nProtect AppGuard. The company has recently partnered with Codec Networks in New Delhi, India and is also planning to carry out new partner contracts in Southeast Asian countries to ensure that mobile applications are secure and protected, especially in the mobile gaming and financial service industry.

In recent years, the real money earning games became increasingly popular. More cheaters are willing to use various cheating tools to gain an unfair advantage over an opponent, which may eventually lead to business failure. On the other hand, due to poor coding and application source code vulnerability, user information can be leaked through repackaged apps. Criminals are able to steal victims’ money using stolen user credentials. This could become a very serious problem because the number of users of mobile banking is growing rapidly.

To help solve the problem, INCA Internet has rolled out more improvements to protect mobile applications against debugging or hacking techniques such as magisk, macros, and auto-click.

nProtect AppGuard is a mobile in-app security solution that encompasses anti-cheating, anti-forgery and hardening capabilities such as anti-debugging, anti-emulation and encryption.

nProtect AppGuard is an Application Shielding solution. Protecting Mobile apps against cheaters.
nProtect AppGuard is an Application Shielding solution. Protecting Mobile apps against cheaters.

Currently, it provides a wide range of mobile games, financial services, e-commerce, and public sector app services locally and abroad. Some of the clients using the nProtect’s security solution are global companies such as Sega, Bandai Namco, Line games, and other top tier financial service companies.

About INCA Internet

Founded in January 2000, nProtect, also known as INCA Internet, is headquartered in Seoul, South Korea and provides online and mobile banking/payment security to financial institutions, game companies and public agencies. Over 100 million endpoint users from more than 1,000 organizations rely on nProtect’s security solutions to secure their computer and mobile devices against malware, phishing, and number of other security threats. Global fintech and game companies such as Sega, Bandai Namco, Line games, Bank of America, Deutsche Bank and HSBC trust and use nProtect security solution.

For more information, contact INCA Internet Co., Ltd.

Related Links :

https://appguard.nprotect.com/en/index.html