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20% jump in ransomware globally, 109% spike in United States 24% drop in malware attacks worldwide 7% of phishing attacks capitalized on COVID-19 pandemic 176% increase in malicious Microsoft Office file types 23% of malware attacks leveraged non-standards ports 50% rise of IoT malware attacks Report analyzes threat intelligence data gathered from 1.1 million sensors in over 215 countries and territories MILPITAS, CALIFORNIA – Media OutReach – 27 July […]

YEREVAN, ARMENIA – NEWSAKTUELL – 23 July 2020 – The European Court of Human Rights (ECHR) has satisfied on 21st July the application no. 54684/19 of the former Minister of Finance of Armenia Gagik Khachatryan, and has published its decision by which it granted an interim measure under the rule 39. The ECHR requested the Government of the Republic of Armenia to ensure immediate medical treatment of […]

DevOps teams gain continuous cloud security visibility and cloud security posture management   HONG KONG, CHINA – Media OutReach – 23 July 2020 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), the global leader in cloud security, today announced its Trend Micro Cloud One™ — Conformity offering is now available to Azure customers, helping global organizations tackle misconfigurations, compliance challenges and cyber-risks in the cloud.   The company also achieved […]

Financial crime compliance solutions ensure that local banks can fight AML/CFT threats in real-time and better support economic growth   ISLAMABAD, PAKISTAN / SINGAPORE – Media OutReach – 7 July 2020 – Accuity, the leading provider of financial crime screening, payment services, and counterparty know-your-customer (KYC) solutions, today announced how leading banks across Pakistan, including HabibMetro Bank, Sindh Bank Limited, and Askari Bank Limited, are using Accuity solutions to meet […]

TAIPEI, TAIWAN – Media OutReach – 21 June 2020 – Three NGOs were named joint winners of the 2020 Tang Prize in Rule of Law, “for their efforts in furthering the rule of law and its institutions through education and advocacy. Utilizing innovative strategic litigation, informed by rigorous scholarship, these organizations have shown exemplary perseverance in promoting greater individual, social and environmental justice, in milieus where the foundations of the […]

TAIPEI, TAIWAN – Media OutReach – 18 June 2020 – Dr. Jane Goodall, DBE, founder of the Jane Goodall Institute, UN Messenger of Peace and one of the most influential primatologists today, was announced winner of the 2020 Tang Prize in Sustainable Development today (June 18), “for her ground-breaking discovery in primatology that redefines human-animal relationship and for her lifelong unparalleled dedication to the conservation of Earth environment.” Her […]

Arabian Post Staff UAE Minister of State for Foreign Affairs Anwar Mohammed Gargash, in a historic public appearance by a senior Arab government official before a global Jewish organization, today addressed the American Jewish Committee (AJC) Virtual Global Forum. Gargash and other senior UAE officials have welcomed AJC delegations on regular visits to the Gulf state for more than 20 years. “AJC has been a quite remarkable […]

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Accelerates efficiency while enhancing security, document management and remote working capabilities   SINGAPORE – Media OutReach – 16 June 2020 – Fuji Xerox Asia Pacific today announced the launch of 19 new models from its digital multifunction/printer ApeosPort and DocuPrint series (Refer to Table A). The latest products, together with Fuji Xerox’s solutions, will allow businesses to overcome new challenges on intensifying security risk, demand for greater efficiency, burgeoning operational […]

by James M. Dorsey The Middle East is at a crossroads. The coronavirus pandemic and its economic fallout confronts regional leaders with a stark choice: dial down tensions to open the door toward cooperation in tackling existential challenges or risk ever more aggravated political and economic threats enhanced by a potential wave of social protest. A second wave of the coronavirus pandemic is raising its ugly head. […]

Government policies on climate change and consumer demand could see the number of electric cars reach 100 million by start of next decade compared with seven million today. China is the world’s largest market for electric vehicles in total, accounting for around 45%, while a quarter (24%) are in Europe and 22% in the US. In Asia – China, Japan and India to drive future sales. New […]

By Hassan Ali Mansoor A noticeable trend around the world these days are media reports that paint a gloomy picture of the global economy.  A particular focus of economists has been global banks and financial institutions.  These reports claim that some banks have invested in risky portfolios that expose their customers to unnecessary risks.  The precarious financial condition of Deutsche Bank, Germany, is quoted as an example […]

By Matein Khalid Citigroup, the third largest US money center bank, owns subsidiaries in Latin America whose pedigrees go back almost a century. For instance, Banamex, Citi’s subsidiary in Mexico, is the second largest corporate/retail bank south of the Rio Grande. So it was no coincidence that Citi shares got sandbagged to a recent 61 as President Trump threatened to impose tariffs on Mexico’s $350 billion exports […]

By Arabian Post Staff Supply disruptions in the Middle East on top of an already tight crude market could send oil prices violently upward, according to Rystad Energy. Two Saudi Arabian oil tankers were reportedly attacked off the coast of the United Arab Emirates (UAE) this weekend, sending crude futures sharply up Monday morning.  Commenting on the incident, Bjørnar Tonhaugen, Head of Oil Market Research at Rystad […]

|By Arabian Post Staff| Cyprus could turn into an important gas hub and might consider constructing a land-based natural gas liquefaction plan after the impressive string of major discoveries in the area. ExxonMobil and partner Qatar Petroleum announced the major gas discovery offshore Cyprus this week. According to Rystad Energy’s senior upstream analyst Palzor Shenga, the Glaucus-1 and the neighboring discoveries Aphrodite and Calypso will collectively add […]

|By Matein Khalid| I had recommended buying the British pound at 1.2700 against the US dollar in successive columns in the past two weeks. Sterling is at 1.3200 as I write, the trade is already hugely profitable. Cable has now closed above its crucial 200 day moving average in a clear trend reversal. As markets dismiss the risk of a no deal Brexit, I believe the pound […]

|By Matein Khalid|If Asia is a growth warrant on the global economy, the omens look awful as the IMF just warned the financial glitterati at Davos. Asian equities were the victims of the grim macro investment themes in 2018. Four Federal Reserve interest rate hikes forced Asian central banks to raise borrowing costs to protect embattled local currencies. The Trump White House’s game of chicken on trade […]

|By Matein Khalid| I confess, I fell in love with South Africa’s Cape Town, though not its Johannesburg Stock Exchange (JSE). 2018 has been an annus horribilis for both the rand and South African equities, with 30% losses for a US dollar investor, the fifth worse in the emerging markets. The euphoria after President Cyril Ramaphosa replaced Jacob Zuma early this year did not last as South Africa […]

|By Raj Samani |As 2018 draws to a close, we should perhaps be grateful that the year has not been entirely dominated by ransomware, although the rise of the GandCrab and SamSam variants show that the threat remains active. Our predictions for 2019 move away from simply providing an assessment on the rise or fall of a particular threat, and instead focus on current rumblings we see […]

|By Arabian Post Staff| GCC sovereign debt issuance is expected to reach US$53 billion in 2018, surpassing last year’s US$49.5 billion, according to Fisch Asset Management, a Zurich-based asset manager. “GCC sovereign debt issuance has had another strong first half, with the two multi-tranche sovereign bond transactions of Saudi Arabia and Qatar leading issuance of over US$30 billion in the hard currency market,” Fisch Asset Management said […]

By James M. Dorsey China appears to be shifting gears in its multi-billion dollar Belt and Road initiative. Long projected as driven by economics and the benefit of infrastructure linkages, China appears to be increasingly adding a security component to the initiative against the backdrop of President Xi Jinping positioning of his country as a superpower rather than a developing nation. The emergence of a security component […]

By James M. Dorsey This month’s inauguration of a fibreoptic cable linking Pakistan with China could prove to be a double-edged sword. Constructed by Chinese conglomerate Huawei Technologies Co., Ltd, the cable is likely to enhance both Pakistan’s information communication technology infrastructure as well as the influence of Chinese authoritarianism at a moment that basic freedoms in Pakistan are on the defensive. The $44 million, 820-kilometre underground Pak-China Fibre […]

|By Arabian Post Staff| Rhetoric casting the future of the Middle East as an existential battle between the two regional powers has soared – particularly on the Saudi side – over the past year. However, a direct military confrontation between Iran and Saudi Arabia remains unlikely, Control Risks, the specialist global risk consultancy, has warned that businesses in  its Middle East risk map for 2018. Iran and Saudi […]

|By Matein Khalid| Trump’s post Charlottesville remarks, the Barcelona terrorist attacks and Cisco’s results unnerved the US stock market bulls last week. Friday was a surreal moment in the history of Wall Street. It was entirely rational for traders on the New York Stock Exchange floor to cheers and the Dow Jones Index rise 150 points when news broke that Trump had fired his alt-right, white nationalist chief strategist […]

Hackers have been targeting companies that operate nuclear power stations around America, prompting the Department of Homeland Security and the FBI to issue an urgent warning about the severity of the threat, several media outlets reported on Thursday. Both The New York Times and Bloomberg published details from a joint report released by the government agencies last month that described efforts by hackers to infiltrate the systems […]

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