News related to
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Security Experts Face Record Cyber Threats, Overwhelming Workload

Organizations seek new ways to protect their expanding attack surface, maintain stability HONG KONG SAR – Media OutReach – 18 March 2022 – New research from Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, warns of spiraling risk to digital infrastructure and remote workers as threat actors increase their rate of attack on organizations and individuals. “Attackers are always working to increase their victim […]

Independent Journalism In Peril, Right To Information At Risk

Babel Finance : 2021–2022 Crypto Asset Market Predictions

HONG KONG SAR – Media OutReach – 11 March 2022 – Babel Finance Asset Management’s research specialists are optimistic about the long-term value of crypto assets. Since the currency’s birth, long-term Bitcoin(BTC) investors have profited handsomely, and more and more traditional financial institutions are realizing it. Financial institutions increasingly adopt crypto-asset markets, as seen by the high trade volumes recorded by Babel Finance’s crypto trading division. The […]

AXA becomes Activation Partner of WWF Earth Hour 2022

Unite millions around the world to combat climate change and protect biodiversity Launch 360-degree education and invite green pledges on “Habits Protect Habitats” HONG KONG SAR – Media OutReach – 9 March 2022 – AXA Hong Kong and Macau (AXA) is proud to support WWF-Hong Kong (WWF) Earth Hour 2022 (Earth Hour) as the sole Activation Partner, the highest level of sponsor, in Hong Kong. We will […]

Babel Finance: 2021-2022 Crypto Asset Market Report

SINGAPORE – Media OutReach – 7 March 2022 – The research experts at Babel Finance’s Hong Kong and Singapore offices are confident in the long-term worth of crypto assets. Crypto-asset markets are evolving fast, long-term Bitcoin(BTC) investors have reaped substantial gains since the currency’s inception, and more and more conventional financial institutions are recognizing it. 2021 wreaked devastation worldwide due to the COVID-19 outbreak, posing a threat […]

Financial Sanctions: Bitcoin Is A Big Gainer In The Russia-Ukraine War

CPI(M) Calls For The First Time Russian Action In Ukraine As ‘Invasion’

Russia’s Financial System Takes Big Hits On Eighth Day Of Ukraine War

UAE makes a risky geopolitical bet

James M Dorsey Emiratis celebrated their decision not to condemn the Russian invasion of Ukraine in the United Nations Security Council as the end of an era in which the Gulf state took its foreign policy cues from the United States. However, the Emiratis may be celebrating prematurely. As the UAE took over from Russia this month as chairman of the Council, Abdulkhaleq Abdulla, a political scientist […]

MAKING THE INVISIBLE VISIBLE: New Back to Blue report pulls back the curtain on chemical pollution in the ocean, and why failing to act now risks irreversible harm

KEY POINTS Chemical pollution of the ocean is a profound and growing global problem that requires urgent and coordinated action Marine chemical pollution is predominantly due to human actions. As we are producing far more chemicals in ever-greater volumes, so the impact on the marine environment will get more severe Climate change and marine chemical pollution are deeply connected; tackling each with this in mind will help […]

Crypto Asset Management Firm Babel Finance leads US$2m seed round for Custonomy to develop MPC crypto asset custody solutions

HONG KONG SAR – Media OutReach – 1 March 2022 – Custonomy, an award-winning digital asset custody service firm, has completed a seed round of US$2 million. Crypto Asset Management Firm Babel Finance, prominent worldwide crypto financial services provider, led the seed funding round. Custonomy’s next phase of expansion will be fueled by the seed money. The funds will be used to further the company’s ground-breaking, institutional-grade, […]

Putin Pushing For A New World Order Through Ukraine

Malaysia Global Business Forum (MGBF): Addressing Cyber Attacks in A Hyper Sensitive Media Environment And The Impact On Stakeholder Value

KUALA LUMPUR, MALAYSIA – Media OutReach – 24 February 2022 – Malaysia Global Business Forum (MGBF)’s exclusive roundtable on ‘Addressing Weaponised Information in the Media’ was held in a hybrid setting today at the Hilton Kuala Lumpur. The discussion focused on addressing one of the most relevant threats to businesses in the digital economy – cyber threats causing physical and reputational losses. In attendance as guest of […]

Middle East Faces Spill-Over Effect From Ukraine War Threats

SonicWall Threat Intelligence Confirms Alarming Surge in Ransomware, Malicious Cyberattacks as Threats Double in 2021

Over 623 million ransomware attacks globally, an astounding 105% increase Ransomware volume increased 232% since 2019 U.S., U.K. ransomware climbed staggering 98% and 227%, respectively Asia saw a 121.682% increase in ransomware attack YoY India saw an increase of 981% of ransomware attacks in 2021, while Japan saw a 63.55% increase of Malware attacks compared to 2021 Log4j vulnerability exploits eclipsed 142 million in six weeks 65% […]

Gartner predicts $8b in claims related to biometrics

Arabian Post Staff By 2025, privacy lawsuits and claims related to biometric information processing and cyber-physical systems will have resulted in over $8 billion in fines and settlements, according to Gartner, Inc. “Autonomous vehicles, drones that capture video, smart buildings and smart cities are cyber-physical systems that capture biometrics of all kinds,” said Bart Willemsen, research vice president at Gartner. “The collection and storage of biometric information is gaining, whether […]

7 IT Jobs or Career Paths for Freshers

According to the U.S. Bureau of Labor Statistics, the median annual wage for computer and information technology or IT jobs in May 2020 was USD 91,250. This is more than twice the median yearly wage of USD 41,950 for all other occupations in the same period. This proves the stereotype: IT professionals indeed draw some of the highest salaries today. It is not limited to the United […]

Trend Micro Blocks Over 94 Billion Threats in 2021

Detections increased 42% YoY as malicious actors stepped up their attacks HONG KONG SAR – Media OutReach – 25 January 2022 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), announced today that its industry-leading threat intelligence infrastructure, Smart Protection Network™ (SPN), stopped 94.2 billion* cyber-threats heading for consumer, government and business customers in 2021.   The volume of detections represents a 42% increase on the number of detections recorded in 2020. It […]

Malaysia Global Business Forum (MGBF) launched roundtable series “The Evolving Threat Matrix of the Digital Economy”, to showcase better understanding of threat matrix key to future success in digital economy

KUALA LUMPUR, MALAYSIA – Media OutReach – 17 January 2022 – The recent global pandemic has fast-forwarded change. It has opened considerable opportunities for businesses to make a profit while at the same time it has increased the potential for crisis. The reality is the evolving threat matrix of the digital economy, which is at the convergence of many factors: cyber security, data management, weaponised information in the media, external […]

Kazakstan has lessons for Gulf countries

By James M Dorsey Russia’s intervention in Kazakhstan contains a cautionary message for Gulf foreign ministers visiting Beijing this week. The intervention to stabilize the government of Kazakh President Kassym-Johart Tokayev, following mass protests, cemented Russia’s primacy when it comes to security in Central Asia, a swathe of land that is as much Russia’s backyard as it is China’s. At least 164 people were killed in the protest, thousands […]

Gartner®: Trend Micro Named a Peer Insights™ “Customers’ Choice”

Placement emphasizes categories including deployment, capabilities, and support HONG KONG SAR – Media OutReach – 12 January 2022 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, has been placed in the prestigious Customers’ Choice quadrant of the latest Gartner Peer Insights ‘Voice of the Customer’ report for endpoint protection platforms. Some 93% of customers on 340 overall reviews would recommend Trend Micro’s capabilities, […]

Munich Re – Weather disasters in USA dominate natural disaster losses in 2021

In 2021, natural disasters caused overall losses of US$ 280bn, of which roughly US$ 120bn were insured Alongside 2005 and 2011, the year 2021 proved to be the second-costliest ever for the insurance sector (record year 2017: US$ 146bn, inflation-adjusted) –overall losses from natural disasters were the fourth-highest to date (record year 2011: US$ 355bn) Hurricane Ida was the year’s costliest natural disaster, with overall losses of […]

Saudi, Emirati religious moderation inspires few beyond borders

By James M Dorsey Saudi Arabia and the United Arab Emirates have drawn praise for social reforms that have domestically reduced the role of religion in public life, enhanced women’s rights, and, in the case of the UAE, catered to non-Muslim lifestyles. Yet, Saudi and Emirati efforts to position their countries as the Muslim world’s beacons of an autocratic notion of moderate Islam have done little to […]

Influential Brands Celebrates Champions of Business Excellence in Asia with Gala Event in Thailand as Part of The Celebration

SINGAPORE – Media OutReach – 6 January 2022 – As small enterprises and prominent businesses alike are embracing the future of work, Influential Brands® conferred recognition on brands and employers who stood strong in their commitment to excellence.   Backed by a robust market survey in Asia with the participation of 15,000 consumers and an anonymous survey of more than 10,000 employees, 32 companies are named the “2021 Asia’s Top Influential Brands”, […]