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Showing posts from November, 2022

VERIZON BUSINESS AND WIPRO JOIN HANDS TO FAST TRACK NAAS PROVISION

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Verizon Business, a subsidiary of Verizon Communications Inc., has entered into a partnership with technology service company, Wipro Ltd, to offer Network-as-a-Service (NaaS) for improve network and cloud processes for businesses. The collaboration by these two tech companies will provide “ pre-configured and tested service chains ” using model where businesses subscribe to get access to their feed. This, they state, will serve the communications interests of all stakeholders involved. This also facilitate Wipro’s customer data transition method from legacy systems (computer hardware, applications etc.) to “automated, self-healing, and highly secure network service environment”. “Many organizations want to get out of endless technology refresh cycles but they face the twin challenges of traditional hardware and fixed infrastructures. Our partnership with Wipro will enable businesses to future-proof their network in a manner that is more flexible, agile and predictive, centered ar

TATA COMMUNICATION’S PARTNERSHIP WITH INTERTEC BENEFICIAL IN CLIENT CYBERSECURITY PROTECTION

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Global digital platform, Tata Communications International Pte Ltd, has partnered with IT service provider, Intertec Systems, in ensuring in boosting the latter’s cyber defenses against threats.   Jointly, Intertec, serving the United Arad Emirates and its environs, will benefit from Tata Communication’s Cybersecurity Operations Center (COCS). This system presents Intertec a means to better secure their clients from attempts to access sensitive information. This will help businesses maintain their attention on their main functionalities. In addition, the COCS will assist Intertec with the necessary tools and intelligence to sniff out cyberattack procedures and tackle them. Monitoring will run 24/7, and coupled with real-time analytics and accessible information, they are able to prevent high-risk damages and losses. Chief Executive Officer (CEO) and President of Intertec Systems, Naresh Kothari , says: “The increasing pace of technology adoption at the Cooperation Council for the

JINGLE PAY AND MASTERCARD TO ADVOCATE FINANCIAL INCLUSION THROUGH COLLAB

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Dubai-based financial service provider, Jingle Pay, has enlisted the services of Mastercard in serving audiences with digital payment solutions and pushing for financial inclusion. This partnership with Mastercard will give Jingle Pay customers the opportunity to benefit from Mastercard’s merchants as well as roll out of bank cards both virtual and physical. The latter will give people the means to make transactions without an account. Jingle Pay users will have their cards connected to “spending accounts”, offering easy ways of using money. Founder and Chief Executive Officer (CEO) of Jingle Pay, Amir Fardghassemi,   said: “Jingle Pay is changing how users access financial services quickly and easily. We are committed to extending digital financial services to the world's underserved population to improve security and equality. Our partnership with Mastercard furthers our cause of financial inclusion. It builds on our unique remittance and money transfer capabilities, offering

DWF LABS AND MARBLEX JOIN HANDS TO EXPLORE ASIAN MARKET THROUGH GAMING

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Web3 investment establishment, DWF Labs, has partnered with Netmarble subsidiary, MARBLEX, to accelerate the building up of the Web3 environment in South Korea. This comes after mobile game developer’s latest establishment in Korea. Teaming up with DWF Labs will continue to give Web3 gamers a footing in their digital playground. This partnership also adds to MARBLEX’s increasing system of companies pushing the Web3 agenda. “Our partnership with MARBLEX is yet another milestone in our investment strategy…We are bullish on the overall long-term performance of the whole industry and web3 ecosystem,” says Managing Partner of DWF Labs, Andrei Grachev. MARBLEX also comments: “We are thrilled to be partnering with DWF, one of the leading global investment firms, and we believe that this partnership will help us greatly in completing our Game-Fi ecosystem.” DWF Labs announced the opening of its fifth establishment in South Korea, adding up to its fold in Switzerland, Dubai, Singapore,

PARENTSHIELD MOBILE NETWORK CAUTIONS AGAINST SMS SCAM TEXTS

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UK Mobile Network, ParentShield, has notified parents to be on guard with their children’s smartphones as they report a twofold increase in scam attempts over the last 12 months. According to a media release, the firm has noticed a continuous trend of targeting children to double-cross parents and execute their scam. The scammers send genuine, well-crafted messages through SMS to parents. The messages sent are usually emotion-centered and causes parents to act immediately without enough thought. An example they cited were messages directed at mothers from their children. The scammers impersonate the children of parents by using messages to convince them that these children are in trouble. Then, they (scammers) use that strategy to extort monies from parents. We have seen scam SMS messages of all types double in frequency of the last 12 months. What is particularly concerning are the messages specifically targeting parents concerned for their child,” says Chief Executive Officer (

DOSHI PLANS TO INTRODUCE CRYPTO EDUCATIONAL PLATFORM FOR YOUND ADULTS

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Educational crypto platform, Doshi, has joined hands with UK schools to debut their Web3 educational program through its crypto wallet app. The app is created for teenagers and their guardians to understand the new innovation and transformations of the internet. Doshi attempts to use their platform to advance the knowledge of blockchain and web3 for teachers and students alike. The platform is said to allow these parties to fully understand what the platforms are and how they beneficial they can be. The platform, upon noticing the steady rise of Web3, has found it necessary to team up with schools in the UK such as Northampton Boys and Mount House to aid in data management. Investment management firm, T. Rowe Price, reports about 40 precent of young adults gravitating toward investments in crypto as it is estimated to grow up to $1 trillion by 2030. Doshi’s survey also uncovered 63 percent of young adults in the UK and USA what to know more about ‘crypto-verse’. Thus, the platfor

YELLOW.AI MAKES HEADWAY AS PLATFORM BOASTS OVER 222K USERS SERVED

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Conversational AI platform, Yellow.ai, says their platform has recorded over 222,000 clients who have been connected to public organizations through their platform. This has also led to a surge in the need for AI chatbots to handle customer service conversations. The platform is most dominant within audience in the Middle East where they are integrated into the systems of governments departments. They report that the last two quarters have seen more than 13 million conversations on delivery services. Chief Executive Officer (CEO) and Co-founder of Yellow.ai, Raghu Ravinutala, says the need to address several queries each working day has necessitated the creation and implementation of this platform to allow for convenient servicing and problem solving. “Public sector organizations need to address numerous queries daily, and doing so manually is a time-consuming task. At the same time, citizens have a growing expectation of being able to conveniently avail government services. That

LATRO PARTNER WITH UZBEK IT MINISTRY TO IMPLEMENT DATA ANALYTICS CENTER

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Global Artificial Intelligence and Machine Learning (AI/ML) front runner, LATRO, says its U.A.E subsidiary, LATRO FZE, is partnering with the communications and technology wing of Uzbekistan to initiate a data analytics platform using AI/ML. The partnership between   the Republican Center of Control of the Telecommunications Network of Uzbekistan, and the Ministry for Development of Information Technologies and Communications of the Republic of Uzbekistan will see an investment of $2 million. This will assist the ministry in addressing voice fraud as well as ensuring safety, security and service quality. The Uzbek ICT ministry also held its annual ICTWEEK event at the Silk Road International Tourist Center, Samarkand.   According to the Minister of Development of Information and Communication Technologies of Uzbekistan, Sherzod Shermatov, the event shed light on quickly improving the country’s IT sector using new technologies and giving young employees a shot at developing the

TICKETMINT RELEASES DIGITAL TICKETING WITH NFT COLLECTIBLES

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Smart ticketing platform, TicketMint, has released a digital, NFT related tickets to enable event coordinators identify the authenticity of tickets and other ticketing arrangements. According to the co-creator of the ticketing platform and Chief Development Officer at SmartLedger, Gregory Ward, the platform is meant to connect all stakeholders involved in undertaking events by giving fans NFT collectibles along with the experiences from the event. They posit that the platform helps to avoid any form of foul play in the ever-growing industry, solving the problems encountered by fans. Commenting on the digital ticketing, Mr. Ward said “As a ticketing platform, TicketMint will help capture lost revenues and increase sales by mitigating fraud, forgery, and counterfeiting. This reduces the impact of ticket scalping and price gouging by allowing artists and event organizers to regain control of the secondary ticketing market.” On the other hand, Co-Founder of SmartLedger and Public Pol

RACKSPACE TECHNOLOGY APPOINTS BOBBY MOLY AS CHIEF FINANCE OFFICER (CFO)

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Multi-cloud solutions tech firm, Rackspace Technology, has appointed new Bobby Molu as its new Chief Financial Officer (CFO).  Bobby Molu will assume this new position effective January 2023. According to the new Chief Executive Officer (CEO) of Rackspace Technology, Amar Maletira, Mr. Molu has grounded expertise in the field of finance. Thus, his addition will be key to the reshaping the company. “Bobby’s global experience and a career spanning two decades in numerous financial leadership roles in the technology industry combined with his strong operational background will be key as we execute our strategy and new operating model, positioning Rackspace to the long-term multi-cloud market potential,” says Amar. Aside from his recent appointment, Bobby Molu served as the CFO for International Markets and, before that, he served the Asia Pacific region at Mastercard. He also had a stint with Hewlett-Packard and its subsidiary, Aruba as well as finance role with IBM. Commenting on

PALO ALTO SECURES CIDER SECURITY TO ENRICH APPLICATION PROTECTION

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Cybersecurity company, Palo Alto Networks, has contractually agreed to acquire application and software supply chain security firm, Cider Security, to assist the former in application security. Palo Alto Networks says its Prisma Cloud platform will benefit from this acquisition by giving protection to applications within their lifespan. Again, the growing nature and sophistication in cyberattack puts software supply chain in a vulnerable position, considering the developer tools used in app development. Chief Product Officer for Palo Alto Networks, Lee Klarich said “Any organization using public cloud has an application infrastructure with hundreds of tools and applications that can access their code and yet, they have limited visibility to their configuration or if they are secured,” “Cider has made it possible to connect into infrastructure, analyze the tools, and identify the risks, as well as how to remediate them. We are acquiring Cider for their innovation that will help en

MULTIPLY GAINS NEARLY $2 MILLION IN FURTHERING COLLABORATIVE EFFORTS WITH GENERATIVE AI

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Stockholm tech startup, Multiply, has secured $1.8 million from Estonian venture capital firm and leader, Tera.vc to assist in their vision. The platform is said to have the ability to make team collaboration and project conclusions using AI operations. It will also feature generative AI tendencies where data in text, images or code can be recreated. This eventually quickens the pace of work for companies along with presenting top tier outcomes. Generative AI is used in various fields such as logistics and transportation, travel, healthcare, and marketing to name a few. The technology recreates new, similar data based on what it has learned, affording businesses the leverage of getting jobs done without hassle. Co-founder and partner at Tera.vc, Stanislav Ivanov, says: “We’re still in the infancy of end-user apps driven by generative AI…Multiply is solving the universally hard problems of productivity and collaboration. Despite all the open-ended tools that have become so popular

NORA DENZEL ASSUMES POSITION OF LEAD INDEPENDENT DIRECTOR AS JOHN CALDWELL RETIRES

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Performance tech company, Advanced Micro Devices, has announced the retirement and departure of the now former lead independent director, John Caldwell. According to the board, Nora Denzel, will take over from Mr. Caldwell after his sixteen-year service with the board of AMD. Mr. Caldwell was the chairman of the board between 2016 and 2022, and earlier this year, served in the position of lead independent director among other positions. Chair and Chief Executive Officer (CEO) of Advanced Micro Devices, Lisa Su said   “On behalf of the AMD board of directors, I want to thank John for his outstanding leadership and unwavering commitment to deliver long-term value to our shareholders,” “His dedication to the success of AMD has made a lasting impact on the company and we wish him the best in his retirement. I am pleased that Nora has agreed to become our lead independent director. Her breadth of technical and business experience and the strong role she has played since joining the

EXECUTIVES AT LMG SECURITY REVEAL CYBERSECURITY GUIDEBOOK FOR ORGANIZATIONS

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Cybersecurity consulting firm, LMG Security is announcing the release of their new book titled “Ransomware and Cyber Extortion: Response and Prevention”, targeted at protection from cyber threats. The authors of the book include Founder and Chief Executive Officer (CEO) of LMG Security, Sherri Davidoff; Director of Training and Research, Matt Durin; and Chief Operations Officer/ ransomware negotiator, Karen Sprenger. They say the new book serves as guidance in the event of cyberattack responses amidst its increase and stealth. “Ransomware and cyber extortion can be devastating. Every organization needs to know how to minimize the risk of these attacks through effective prevention and response,” says Davidoff. “We are excited to share our experience and advice on ransomware and cyber extortion, including real-world case studies, in this practical and actionable guide.” The book outlines key procedures that help security teams to effectively address cybersecurity issues in whicheve

ARGUS CYBERSECURITY’S VMDR HONORED AHEAD OF CES® 2023

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Automotive cybersecurity company, Argus Cybersecurity, have been honored in the within the In-Vehicle Entertainment and Safety category at the CES® 2023 Innovation Awards. This comes as an acknowledgement of the novel initiative, the Vehicle Monitoring, Detection and Response (VMDR) by the company to shield vehicular systems from cyber threats. The VMDR follows from emerging trends in the Electric Vehicle (EV) space. Thus, the “end-to-end, turnkey” provision serves as a solution to identify and deal with threats. “We are proud to have been selected as a CES ®   2023 Innovation Awards Honoree, ” said Chief Executive Officer (CEO) of Argus Cyber Security, Ronen Smoly. “ As vehicles become more connected and software-driven, their exposure to cyber risks continues to grow. Built to address the future security challenges of vehicle manufacturers, our VDMR solution reflects a flexible, end-to-end vehicle cyber security management approach that protects vehicle networks, enhances safety

ICANN TO INSTALL NEW IMRS IN KENYA FOR IMPROVED INTERNET CONNECTIVITY

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Non-profit internet protocol (IP) organization, Internet Corporation for Assigned Names and Numbers (ICANN) is assuring African internet users of a more reliable internet use with speed and cyber threat protection. With aid from regional partners, ICANN plans to situate its novel ICANN Managed Root Server (IMRS) Kenya’s capital, Nairobi. The IMRS will enhance Domain Name System (DNS) anywhere in the world as well as minimizing potent cyberattacks. “Improving users' access to the Internet in   Africa , and their safety while using it, is part of ICANN's mission to help make the Internet more secure, stable, and resilient across the world,” says ICANN President and Chief Executive Officer (CEO), Göran Marby. “The installation of this new IMRS cluster would not have been possible without the participation of the local community. We are grateful to the Kenyan government for its support and commitment to advancing Internet accessibility across   Africa .” Furthermore, ICANN sa

CAL.NET EXPANDS NETWORK REACH IN RURAL AREAS IN CALIFORNIA

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Wireless Internet Service Provider (WISP), Cal.net Inc. is planning to expand its networks across the Galt, Winters and Woodland regions in California for increased speeds. This expansion will ensure customers are given faster internet connections and speeds with no contracts. They plan to install more towers within these regions and combine them with their advanced network technology to achieve this objective.   Cal.net noticed that about 70 percent of the “most rural counties” were lacking in access to quality, quick internet service. Thus, they seek to help close the digital divide gap by investing into this project to assist in exploring various “educational and career opportunities” among other services provided. “At Cal.net, we are committed to serving students, families, and businesses by providing quality Internet as affordable as possible to our community, even the hard to reach,” says Chief Technology Officer, Josh Rogers. The company issued a release in October concern

FROST & SULLIVAN ACKNOWLEDGES RESECURITY IN CYBERSECURITY EXPLOITS

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Cyber threat intelligence establishment, Resecurity, Inc., has been recognized by the market research company, Frost & Sullivan, as a leader in their recent Global Threat Intelligence Platforms Market 2022 report. According to the research report, Resecurity’s HUNTER TM team was the focus of the report as they were given commendation on their efforts in tackling cybersecurity threats and informing clients on online safety among others. Frost & Sullivan have tracked their progress and recognized their increased rate of growth and a perfect score in customer retention. “Resecurity has demonstrated impressive growth rates in the last three years. Its growth strategy is based on a 'reach and access' approach to threat intelligence as well as on the company's ability to provide visibility on the areas that really matter to customers. This strategy is aligned with Resecurity's vision of reimagining cybersecurity operations,”   said Senior Research Analyst for Sec

ORANGE GROUP SECURES SISTER COMPANIES SCRT AND TELSYS FOR EXPANSION AND SERVICE ENHANCEMENT

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Orange Group cyber security subsidiary, Orange Cyberdefense has announced the acquisition of Swiss information security specialists, SCRT and Telsys. According to a media release, the cybersecurity firm seeks to establish its presence within the Swiss market as well as a go-to cybersecurity firm in Europe. They will further establish themselves as a cyber threat intelligence hub to better position themselves against breaches within the European market. The addition of SCRT’s cybersecurity expertise and Telsys’ management solutions will diversify their service options to customers to offer premium, 24/7 IT services. Chief Executive Officer (CEO) of Orange Cyberdefense, Hugues Foulon, says: “We are delighted with this acquisition and happy to welcome these new teams as they will strengthen all of our capabilites. This is another step forward in our goal to establish ourselves as the European leader in cybersecurity. We are accelerating into the seventh cybersecurity market in Europe

CHECK POINT HIGHLIGHTS PROJECTED CYBERATTACKS ON TOP ORGANIZATIONS WORLDWIDE

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Cybersecurity solutions provider, Check Point Software Technologies Ltd, is making projections of key cybersecurity threats that governments and large corporations would encounter within 2023. The company says their checks have found an increase of nearly thirty percent in cyberattacks on various industries within the third quarter of this year compared to 2021. Based on this, they are projecting more consistent attacks all over the world, especially from ransomwares and hackitivism regarding conflicts overseas. Furthermore, an increase in the cyber workforce, currently pegged at 3.4 million, has the tendency of causing problems for security in organizations, and could cause governments to bring up novel, effective laws to shield its citizens from these threats. Check Point further explains that threat actors have used hybrid working and the continued impact off the Russian-Ukraine conflict to their advantage. “Organizations need to consolidate and automate their security infras

ZOOMTOPIA 2022: ZOOM PRESENTS NEW FEATURES TO IMPROVE WORK EXPERIENCE

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Video conferencing platform, Zoom Communications, Inc. , is officially inaugurating Zoomtopia 2022 to introduce the latest features and abilities integrated with their application. The in-person event takes place the San Jose Convention Center on November 8 th and 9 th , with the theme “Explore New Dimensions”. New features such as Zoom Mail and Calenda (ease of access to emails and schedules), Zoom Spots (continuous, virtual co-working space), Zoom Virtual Agent (troubleshooting AI chatbot), collaboration with Zoom One (workspace collabs), and Zoom IQ Virtual Coach (sales) are introduced to address various challenges identified by the company. The release for most of these features is targeted at the start of 2023. “As global organizations adapt to how, when and where they work, it's critical that human communication remains a top priority to drive business strategy forward. Zoom is built to make connections possible, effective, and meaningful. This year, our team created a

ISLAND PAY INTRODUCES DIGITAL CURRENCY FOR TOURISTS AND MERCHANTS FOR EXPAND TOURISM AND ECONOMIC GROWTH

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Digital currency technology firm, Island Pay , will include an e-wallet for tourists in the Bahamas to facilitate transactions and involve small merchants in the commercial space. The Tourist Wallet app and Small Merchant app forms part of Island Pay’s course to advocate and promote tourism in the Bahamas. The company says based challenges encountered by small merchants around money, the app will enable tourists make safe and instant transactions using the region’s approved digital currency, the Sand Dollar. “Island Pay is excited to bring this technology to market, which we firmly believe will be game changing for the local economy,” says Chief Executive Officer (CEO) and co-founder of Island Pay, Richard Douglas. “As a champion in the fight to democratize access to money, we hope other Central Banks will be looking at the success of the Sand Dollar and the innovation of The Central Bank of The Bahamas as a strong case study for what is possible as we move further along the path

RACKSPACE: SHASHANK SAMANT REVEALED AS LEAD DIRECTOR OF BOARD

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Multi-cloud technology solutions company, Rackspace Technology, is announcing the selection of Shashank Samant to the company’s board as its Lead Director. This comes after being selected to serve on the board since October, 2021, based on the exhibition of skill, knowledge, and expertise, along with experience, in technology.   “…I am pleased that I can now count on his more active engagement in shaping the Rackspace story as the Lead Director for our Board. Shashank is a dynamic, seasoned executive who specializes in the Digital Technology Services business and the cloud market. The entire Company will benefit from his increased focus and broad experience in Cloud and Digital businesses,” said Director and Chief Executive Officer (CEO) of Rackspace Technology, Amar Maletira Furthermore, the media release states that Mr. Samant will make an investment of up to 2.5 million dollars into the stocks of the tech company. Mr. Samant has worked and served in various notable positions