Wednesday, 16 August 2023

PHISHING REMAINS MOST DOMINANT INTERNET CRIME - CLOUDFLARE



KUALA LUMPUR, Aug 16 (Bernama) -- Cloudflare Inc has released its inaugural 2023 Phishing Threats Report highlighting that phishing remains the most dominant and fastest growing Internet crime, largely due to the ubiquity of email and the ceaseless issue of human error that is preyed upon by today’s threat actors.

Its Chief Executive Officer (CEO), Matthew Prince said phishing is an epidemic that has permeated into the farthest corners of the Internet, preying on trust and victimising everyone from CEOs to government officials to the everyday consumer.

“Email messages and malicious links are nefarious partners in crime when it comes to the most common form of Internet threats.

“Organisations of all sizes need a Zero Trust solution that encompasses email security - when this is neglected, they are leaving themselves exposed to the largest vector in today's threat landscape,” he said in a statement.

While business email compromise (BEC) losses have topped US$50 billion, corporate organisations are not the only victims that attackers are after, as the real implications of phishing go beyond Fortune 500’s and global companies, extending to small and local organisations as well as the public sector. (US$1=RM4.64)

Regardless of an organisation's size, industry or sector, the report revealed that threat actors who leverage phishing campaigns have two major objectives, which are to achieve authenticity and legitimacy in the eyes of the victim, and to persuade victims to engage or click.

These objectives are underscored by the key findings of the report, including malicious links were the most prevalent threat category, comprising 35.6 per cent of detected threats while, one-third (30 per cent) of detected threats featured newly registered domains, were the second most common threat category.

Other findings indicated that identity deception threats are on the rise. Attackers posed as more than 1,000 different organisations in over one billion brand impersonation attempts, with Microsoft, one of the most trusted software companies, being the most impersonated brand.

The report is a culmination of data intelligence and security trends gathered from the 112 billion threats, with an evaluation on more than 279 million email threat indicators, 250 million malicious messages, over one billion instances of brand impersonation, and other data points gathered from approximately 13 billion emails processed between May 2022 to May 2023.

Additionally, this report is informed by a Cloudflare-commissioned study conducted by Forrester Consulting, in which it surveyed 316 security decision-makers across North America, Europe, the Middle East and Africa, and Asia Pacific about the state of phishing, between January 2023 and February 2023.

-- BERNAMA

TENCATE PROTECTIVE FABRICS TO UNVEIL NEXT-GEN FIRE SERVICE OUTER SHELL AT 2023 AFAC

KUALA LUMPUR, Aug 15 (Bernama) -- TenCate Protective Fabrics, a global leader in protective textile technology, has announced the Asia Pacific (APAC) launch of its groundbreaking fire service outer shell, PBI Peak5, at the AFAC emergency response conference in Brisbane, Australia on Aug 22.

Its Vice President of Global Strategy and Innovation, Michael Laton said PBI Peak5 represented a significant leap in protective fabric technology for the fire service industry.

“We are thrilled to launch this groundbreaking outer shell in the APAC region, where the demand for high-performance firefighting gear is ever present,” he said in a statement.

Recognised as a must-see event for the Australian / New Zealand fire and emergency services industry, the 2023 AFAC conference serves as the ideal platform for the flame-resistant textile maker to introduce PBI Peak5 to key stakeholders, experts and industry professionals in the APAC region.

The primary highlight of PBI Peak5 is its lightweight 180 grams per square metre (gsm) construction which delivers increased levels of comfort and manoeuvrability for firefighters.

Moreover, the integration of patented Enforce technology enhances its strength, making PBI Peak5 extremely durable.

Engineered to meet the specific needs of emergency response professionals, PBI Peak5 sets new benchmarks for lightweight comfort, flexibility and unparallelled durability.

TenCate Protective Fabrics representatives will be present at the Brisbane conference to showcase the new outer shell and provide insights into the advanced technology behind its development.

-- BERNAMA

Evident Commits To Deliver World-class Solutions With New CEO, COO Appointments

KUALA LUMPUR, Aug 15 (Bernama) -- Evident Corporation (Evident) has appointed William Wesley “Wes” Pringle as Chief Executive Officer (CEO) and Hiroyuki Yoshimoto as President and Chief Operating Officer (COO).

Effective immediately, Pringle takes over from Evident’s interim CEO Eric Anderson, according to the company in a statement.

With an impressive 30-year career driving growth and business transformation across a variety of industries, Pringle ran several companies for Danaher including Fluke Corporation (a global test and measurement leader), which he led for almost 10 years, prior to joining Evident.

“I am honoured to join Evident and help lead this 100-year-old business through a new phase of growth. By unleashing the passion and talents of this organisation, I believe we can deliver exceptional growth and market changing innovations for our customers,” said Pringle.

Meanwhile, an experienced leader with a proven track record of leading global companies headquartered in Japan and the United States, Yoshimoto had several senior leadership roles at global manufacturing companies such as Nissan Motor Corporation Group, prior to joining Evident.

Yoshimoto said: “By working as one team, I am convinced that Evident can create sustainable growth while continuing its mission of pioneering innovations that make society healthier and safer.

“Our commitment to ensuring customer satisfaction, along with fostering strong relationships with business partners and stakeholders will be the cornerstone of our progress.”

With this new leadership team, Evident will realise its next chapter by further strengthening its commitment to delivering world-class solutions to its customers.

-- BERNAMA


Friday, 11 August 2023

TDCX INC. TO REPORT SECOND QUARTER 2023 RESULTS

SINGAPORE, Aug 11 (Bernama-BUSINESS WIRE) -- TDCX Inc. (“TDCX” or the “Company”) (NYSE: TDCX), an award-winning digital customer experience solutions provider for innovative technology and other blue-chip companies, plans to announce its second quarter unaudited financial results on August 23, 2023, U.S. Eastern Time, after the U.S. market closes.

On that day, the TDCX senior management will host a conference call to discuss the unaudited financial results.

A live webcast of this conference call will be available on the TDCX website. Access information on the conference call and webcast is as follows:
 
Date and time: August 23, 2023, 8:30 PM (U.S. Eastern Time)
August 24, 2023, 8:30 AM (Singapore / Hong Kong Time)
  
   
Webcast link: https://events.q4inc.com/earnings/TDCX/Q2-2023
   
Dial in numbers: U.S. Toll Free: +1 833 470 1428U.S. (Local): +1 404 975 4839
  Singapore: +65 3158 0255Hong Kong: +852 5803 6418
  UK Toll Free: +44 808 189 6484All others: Dial In numbers
    
Participant Access Code:465393
 
A replay of the conference call will be available at TDCX’s investor relations website (investors.tdcx.com). An archived webcast will be available at the same link above.

About TDCX Inc.

Singapore-headquartered TDCX provides transformative digital CX solutions, enabling world-leading and disruptive brands to acquire new customers, to build customer loyalty and to protect their online communities.

TDCX helps clients achieve their customer experience aspirations by harnessing technology, human intelligence and its global footprint. It serves clients in fintech, gaming, technology, travel and hospitality, digital advertising and social media, streaming and e-commerce. TDCX’s expertise and strong footprint in Asia has made it a trusted partner for clients, particularly high-growth, new economy companies, looking to tap the region’s growth potential.

TDCX’s commitment to delivering positive outcomes for our clients extends to its role as a responsible corporate citizen. Its Corporate Social Responsibility program focuses on positively transforming the lives of its people, its communities and the environment.

TDCX employs more than 18,400 employees across 30 campuses globally, specifically in Brazil, Colombia, Hong Kong, India, Japan, Malaysia, Mainland China, Philippines, Romania, Singapore, South Korea, Spain, Thailand, Türkiye, and Vietnam. For more information, please visit www.tdcx.com.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20230810994022/en/

Contact

For enquiries:
Investors / Analysts: Jason Lim, lim.jason@tdcx.com
Media: Eunice Seow, eunice.seow@tdcx.com

Source : TDCX INC.

Thursday, 10 August 2023

DUCK CREEK EXPANDS TO INDIAN MARKET OFFERING GLOBAL CORE TECHNOLOGY PLATFORM



KUALA LUMPUR, Aug 10 (Bernama) -- Duck Creek Technologies India LLP, a subsidiary of Duck Creek Technologies, announced a historical milestone with its expansion into the Indian general insurance market.

Duck Creek Technologies India LLP now offers India-based insurers the ease, convenience and power of modern cloud-based Software-as-a-Service (SaaS), delivered as a full suite of capabilities or as stand-alone solutions.

With this expansion, Duck Creek reinforces its market commitment by establishing its data centre in India, supported by nearly 1,000 local employees, according to a statement.

“Duck Creek is truly excited to enter the Indian insurance market with our global solutions. We want to empower insurance companies in India with hyper-personalised insurance solutions that help customers buy or service insurance from any device and anytime,” said Duck Creek Technologies Managing Director APAC, Shaji Sethu.

In partnership with its first core systems full-suite India-based insurance customer, HDFC ERGO General Insurance Company Limited (HDFC ERGO), Duck Creek will deploy its intuitive, user-friendly and powerful solutions.

This is to empower HDFC ERGO to take new products to market faster and significantly improve their customers’ experience throughout the policy lifecycle and across the insurer’s entire portfolio.

In addition, Duck Creek's products and solutions will holistically bring a competitive advantage to HDFC ERGO across its entire system, portfolio and operations.

HDFC ERGO President and Chief Technology Officer, Sriram Naganathan said the partnership with Duck Creek Technologies India LLP is a crucial step towards unlocking the full potential of the company’s wide insurance solutions and enabling it to offer efficient delivery and more convenience for its customers.

Drawing on its experience supporting the world’s largest insurers and reinsurers, Duck Creek will offer its suite of SaaS-based core insurance delivery solutions to help Indian general insurers innovate and modernise their products and services.

-- BERNAMA

Cloudflare Bot Management Now On IBM Cloud Internet Services To Mitigate Malicious Bots

KUALA LUMPUR, Aug 9 (Bernama) -- Cloudflare Inc has announced that IBM Cloud Internet Services (CIS), has expanded its offering to include Cloudflare Bot Management, to help enterprises on the Enterprise Premier Plan address and combat the growing threat of malicious bot traffic.

According to a statement, Cloudflare and IBM Cloud have been working together since 2018, integrating Cloudflare application security and performance natively into IBM Cloud through IBM CIS, powered by Cloudflare.

CIS positions customers to configure their web and Internet applications to be protected against cyber threats including distributed denial-of-service (DDoS) attacks and data theft, while enhancing performance and reliability with load balancing, optimised routing and caching, and data exchange, as part of the CIS suite of capabilities.

Cloudflare Global Head of Channels and Alliances, Matt Harrell said: “Cloudflare and IBM Cloud Internet Services have been helping power the vast increase of Internet-facing business applications, and we are seeing more and more bot activity across the landscape.

“Malicious bots are part of this equation, posing significant risks and causing inefficiencies in business, from fraudulent transactions to fake attempts to make purchases.

“These malicious activities can deprive legitimate customers from making purchases and affect a business’ bottom line, not to mention potential larger risks of data loss. This is a further effort to protect operations at this critical level.”

Meanwhile, IBM Fellow and Chief Technology Officer, Cloud Security, Nataraj Nagaratnam said: “Both IBM and Cloudflare continue to have a mission of delivering solutions that will address costly security threats, without hindering Internet speed or business innovation.”

With Cloudflare Bot Management, businesses can be protected from targeted application abuse such as credential stuffing, inventory hoarding, carding abuse, and content scraping, as part of the complete Bot Management detection and mitigation offering.

Cloudflare Bot Management enables customers to identify malicious bots through effective machine learning; gain enhanced behavioural analysis of types of Internet traffic; and reduce risk through fingerprinting.

-- BERNAMA


Wednesday, 9 August 2023

Cellebrite Appoints Thomas E. Hogan as Executive Chairman of the Board

 


Seasoned Technology Leader to Partner with CEO Yossi Carmil to Further Company Growth and Strategic Priorities

TYSONS CORNER, Va. and PETAH TIKVA, Israel, Aug 9 (GLOBE NEWSWIRE) -- Cellebrite DI Ltd. (Nasdaq: CLBT), a global leader in Digital Intelligence (DI) solutions for the public and private sectors, announced today that proven industry veteran, Thomas E. Hogan has been appointed Executive Chairman of the Board.

Based in Austin, Texas, Hogan brings a remarkable 40+ year track record of exceptional shareholder returns, client impact, and employee growth. He has significant expertise in strategic M&A, sales and marketing, international operations, and talent acquisition and development. During his career Tom has led numerous acquisitions totally nearly $8B including marquis targets such as Mercury Interactive and Opsware. His career includes over a decade as both a private and publicly held software CEO as well as senior executive posts ranging from late stage private to mega-cap public companies.

“Tom’s experience will be invaluable as we scale Cellebrite, extend our market leading digital intelligence solutions, and ultimately enable justice across the globe. I am excited to partner closely with Tom as we navigate our next chapter of growth and global impact,” said Yossi Carmil, CEO, Cellebrite.

“I look forward to my new partnership with Yossi, Haim Shani and the entire Cellebrite board, and the talented men and women across Cellebrite, as we build upon the impressive momentum of the company. I am especially enthused about the mission-driven purpose of this organization and our opportunity to better equip law enforcement and judicial systems worldwide,” said Thomas E. Hogan, Executive Chairman of the Board.

Hogan previously served as chairman and CEO of Kony, Inc, President and CEO of Vignette (VIGN), executive vice president of sales and marketing for Hewlett Packard, executive vice president of software for HP, executive vice president of CSC, chief sales officer at Siebel Systems, and most recently as a Operating Managing Director at Vista Equity Partners. He has held numerous public and private board positions including directorships at Citrix, Gainsight, Pluralsight, Drift, Vignette, Kony, Vastera, and Inforte. Tom holds a Masters in Management from Northwestern University and a B.S. in Biomedical Engineering from the University of Illinois.

Cellebrite’s current non-executive chairman, Haim Shani, will remain an active member of the board. Haim will leverage his extensive experience as the former CEO of NICE, the former Director General of the Israel Ministry of Finance, and his current role as founder and general manager of Israel Growth Partners, to further strengthen contributions from the Cellebrite board.

“On behalf of the entire Cellebrite board, I am pleased to welcome Tom to the Cellebrite team. Getting to know Tom as the head of the search committee and working with Yossi the past four years, I believe their combined strengths deliver the best leadership team in the industry. While I am passing the torch of chairman duties to Tom, I will continue to contribute as an active member of the Cellebrite board and look forward to working closely with Tom and the Cellebrite management team as we continue our journey,” said Haim Shani, former Cellebrite chairman.

About Cellebrite

Cellebrite’s (Nasdaq: CLBT) mission is to enable its customers to protect and save lives, accelerate justice, and preserve privacy in communities around the world. We are a global leader in Digital Intelligence solutions for the public and private sectors, empowering organizations in mastering the complexities of legally sanctioned digital investigations by streamlining intelligence processes.

Trusted by thousands of leading agencies and companies worldwide, Cellebrite’s Digital Intelligence platform and solutions transform how customers collect, review, analyze and manage data in legally sanctioned investigations. To learn more visit us at www.cellebrite.com, https://investors.cellebrite.com, or follow us on Twitter at @Cellebrite.

Caution Regarding Forward-Looking Statements

This document includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “forecast,” “intend,” “seek,” “target,” “anticipate,” “believe,” “could,” “continue,” “expect,” “estimate,” “may,” “plan,” “outlook,” “future” and “project” and other similar expressions that predict, project or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements include estimated financial information. Such forward-looking statements with respect to revenues, earnings, performance, strategies, prospects, and other aspects of the business of Cellebrite are based on current expectations that are subject to risks and uncertainties. A number of factors could cause actual results or outcomes to differ materially from those indicated by such forward-looking statements. These factors include, but are not limited to: Cellebrite’s ability to develop technologically advanced solutions and successfully integrate with the software solutions used by customers; acceptance of solutions by customers; errors, failures, defects or bugs in solutions; a failure to maintain sales and marketing personnel productivity or hire, integrate and retain additional sales and marketing personnel; the impact of the global COVID-19 pandemic; the impact of competition on pricing and on Cellebrite’s market share; sub-optimal results from products due to misuse by customers; Cellebrite’s failure to maintain and enhance its reputation and brand; inaccuracy of the estimates of Cellebrite’s market opportunity and forecasts of market growth; changes to packaging and licensing models that adversely affect the ability to attract or retain customers; failure to manage future growth effectively; failure to introduce new solutions and add-ons; issues in the use of artificial intelligence resulting in reputational harm or liability; the need for additional capital to support the growth of Cellebrite’s business; a failure to maintain the security of operations and the integrity of software solutions; the impact of government budgeting cycles and appropriations, early termination, audits, investigations, sanctions and penalties; a decline in government budgets, changes in spending or budgetary priorities, or delays in contract awards; a failure to adequately obtain, maintain, protect and enforce Cellebrite’s intellectual property or infringement of the intellectual property rights of others; perceptions or court or regulatory decisions that Cellebrite’s solutions violate privacy rights; the use of solutions by customers in a way that is, or that is perceived to be, incompatible with human rights; failure to comply with laws regarding privacy, data protection and security, technology protection, sanctions, export controls and other matters; and other factors, risks and uncertainties set forth in the sections titled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in our Annual Report on form 20-F filed with the SEC on March 29, 2022 and in other documents filed by Cellebrite with the U.S. Securities and Exchange Commission (“SEC”), which are available free of charge at www.sec.gov. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made, in this communication or elsewhere. Cellebrite undertakes no obligation to update its forward-looking statements, whether as a result of new information, future developments, or otherwise, should circumstances change, except as otherwise required by securities and other applicable laws.


Cellebrite Contacts

Media
Victor Cooper
Sr. Director of Corporate Communications + Content Operations
Victor.cooper@cellebrite.com
+1 404.804.5910

Investors
Andrew Kramer
VP, Investor Relations
Investors@cellebrite.com
+1 973.206.7760

A photo accompanying this announcement is available at 
https://www.globenewswire.com/NewsRoom/AttachmentNg/774b7b9d-8b12-4bd0-9ff6-ad1b46feb3e0



SOURCE : Cellebrite Inc.