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TAIPEI, June 28, 2024 /PRNewswire/ -- Advantech (TWSE: 2395), a leading provider of AIoT platforms and services, is thrilled to announce the addition of support for Windows 11 IoT Enterprise LTSC 2024 across its edge computing platform. This collaboration merges Windows 11's advanced features with Advantech's industry-leading security products and exclusive Windows enhancement tools in the Advantech Power Suite. This powerful combination is set to benefit industrial applications across various sectors. This includes protecting sensitive data against cyber threats and unauthorized access in manufacturing, enabling customization for tailored interfaces in retail, simplifying device management in medical settings for secure operations, and ensuring compatibility with IoT devices in transportation to support innovation, among many other usage scenarios. Windows 11 IoT Enterprise LTSC_Advantech Long-Term Support and Cyber Protection Windows 11 IoT Enterprise LTSC (Long-Term Servicing Channel) is tailored for industrial applications, providing a 10-year support lifecycle to ensure your systems remain reliable and secure for a decade. This extended lifespan eliminates the need for frequent OS updates, minimizing disruptions and downtime. Most of our hardware includes industry-leading features like TPM (Trusted Platform Module) 2.0 support for advanced encryption capabilities. When combined with Windows 11 IoT Enterprise LTSC, which includes the latest updates to built-in security features such as Windows Defender and Credential Guard, your system benefits from unparalleled protection against cyber threats. Advantech Power Suite: Exclusive Windows Enhancement Tools Advantech Power Suite provides a wide range of features to improve OS customization and management. The suite includes three primary tools - the Lockdown Utility, OS Enhancement Utility, and ADV Image Manager. These tools empower users to enhance security controls, manage advanced settings, perform quick backups, and restore operations on Advantech embedded devices with ease. With Advantech Power Suite, users can efficiently tailor their OS experience. Stay tuned for the new APS User Interface, and reach out to Advantech if you are interested in learning more about the Power Suite. Full Range of Edge Computing Supporting Windows 11 IoT Enterprise Advantech's support for Windows 11 IoT Enterprise LTSC enables customers to harness the combined benefits of Windows 11's innovative features and Advantech's robust edge computing platform. This collaboration reaffirms Advantech's commitment to delivering cutting-edge technology and unparalleled value to its customers, empowering businesses to thrive in today's rapidly evolving digital landscape. Advantech Edge Computing Platform Support List: https://reurl.cc/5vxz2V Get started your trial: https://reurl.cc/KeOxOg
QINGDAO, China, June 27, 2024 /PRNewswire/ -- On June 26th, the opening ceremony of the Matrix Cup Cyber Security Competition, also known as the Global Digital Intelligence Security Conference, was held at the Qingdao International Convention Center. The competition was hosted by 360 Digital Security Group and VUL.AI, undertaken by ISC platform and SecOps platform, and co-organized by Cyber Peace and Integrity Technology Group. As a top-level cyber security event with high specifications, large scale and generous prize money in the Eastern Hemisphere, the Matrix Cup has attracted more than 1000 teams from China, Vietnam, and Malaysia and other countries to participate with 20 million prize money, multi-dimensional competitions, and innovative competition systems. With the theme of "Intelligent Defense Security, Digital Enlightenment for the Future", the main forum of the Matrix Cup gathered security pioneers, expert think tanks, and industry leaders to participate in depth, and jointly exchange hot topics such as artificial intelligence innovation and governance, intelligent network security defense system construction, and new progress in large-scale model security research, and drew a new blueprint for the integrated development of digital security and AI technology. The first Matrix Cup Cyber Security Competition set up three tracks: vulnerability mining, artificial intelligence, and team offensive and defensive confrontation. At present, the offline finals of major competitions are in full swing with a prize pool of 20 million yuan, providing a broad stage for the world's top teams to compete and interact. In addition, during the Matrix Cup, special activities such as the Innovation Exhibition Area and the Matrix Cup Night were also created to gather the digital security industry ecosystem, build a new platform for major security vendors, technology giants, and top teams to display their achievements and cooperate and exchange, and promote the high-quality development of the network security industry.
Latest funding round capitalizes on recent growth, catalyzing further product innovation and expansion into new markets SAN FRANCISCO, June 27, 2024 /PRNewswire/ -- Odaseva, the leading enterprise data security platform for Salesforce, today announced a $54 million Series C equity financing, bringing the total company funding to more than $90 million. Silver Lake Waterman led the round, with participation from existing investors F-Prime, Eight Roads and Serena Capital, and new investors Eurazeo and Crescent Cove. The investment comes after several marquee new customer wins across industries and geographies, and will support further growth, including additional investment into data security and Zero Trust product offerings. Enterprises around the globe are digitizing more strategic processes, including assets containing sensitive data with high demand for confidentiality, integrity and availability - further accelerated by AI and compliance standards. Odaseva is the trusted Salesforce enterprise data security platform securing more than 100 million users for customers around the world, including a growing number of Global Fortune 500 companies. The power of the Odaseva platform enables Salesforce end-to-end encryption, optimizes Salesforce availability up to 99.99% and delivers among the best-in-the-industry Salesforce Recovery Point and Time Objective (RPO/RTO). "Data sits at the core of large organizations, so we know trust with our customers is more important than ever before. We're proud that Odaseva's commitment to data security exceeds the requirements of even the most complex, highly regulated businesses in the world," said Sovan Bin, CEO and Founder of Odaseva. "This round of funding will help to accelerate our growth into new markets and keep us at the forefront of innovation in the space." "The Odaseva team has built a leading data resiliency platform for the Salesforce ecosystem that provides security and continuity solutions for mission critical applications," said Shawn O'Neill, Managing Director and Group Head of Silver Lake Waterman. "Sovan and the Odaseva leadership team have a solid track record of building value and trust with global enterprise customers and we are excited to partner with the team and help drive further growth." The Series C funding will accelerate Odaseva's leading product development and investment into deepening levels of global reach, including additional resources for North America, Europe and Asia Pacific. Odaseva will continue to hire top talent at the executive level, following the recent additions of Steven Corbin, Chief Financial & Operating Officer, Matthew Johnston as Chief Revenue Officer and Susan Lansing as Chief People Officer. About Odaseva Odaseva delivers the strongest data security solution for enterprises running on Salesforce, safeguarding confidentiality and integrity of critical business information. Global Fortune 500 companies rely on the Odaseva Enterprise Data Security Platform to gain powerful defense against threats to Salesforce data, ensure business continuity and comply with regulations. It is designed and built specifically to solve the complex challenges of large-scale global organizations. With Odaseva, enterprises can confidently navigate the evolving data security landscape, ensuring that operations remain uninterrupted and aligned with regulatory standards. Learn more at www.odaseva.com. About Silver Lake Waterman Silver Lake Waterman is part of Silver Lake, the global leader in technology investing with approximately $103 billion in combined assets under management and committed capital and a team of professionals based in North America, Europe and Asia. Silver Lake Waterman focuses on providing flexible expansion capital to later-stage growth companies in the technology and technology-enabled industries. For more information about Silver Lake Waterman and Silver Lake, please visit www.silverlake.com. Media Contact Ginny LobelSVP Marketingginny.lobel@odaseva.com
The rapid acceleration of AI innovation has sparked a surge in advancement in other emerging technologies SINGAPORE, June 26, 2024 /PRNewswire/ -- According to Forrester's (Nasdaq: FORR) The Top 10 Emerging Technologies In 2024 report, generative AI (genAI) for visual content, genAI for language, TuringBots, and IoT security are the top emerging technologies that will deliver the most immediate ROI for businesses in 2024 and beyond. With new technologies emerging seemingly every day, business and technology leaders need to time those investments based on value, risk, and potential payout timelines. Forrester organizes its top emerging technologies by benefit horizon to help with these decisions. Emerging technologies that will offer significant benefits within the next two years: GenAI for visual content. Advanced machine learning models that generate images or video from text, audio, or video prompts, this technology will help firms generate visual content for marketing, experiences, and products. GenAI for language. GenAI for language is already delivering value in customer support and content creation but continues to advance at a blinding pace. It is accelerating many other technologies as it goes. TuringBots. Accelerated by advancements in genAI for language, these AI-powered software robots help developers build applications that deliver more than just code generation. IoT security. The proliferation of devices has led to an exponential explosion in security attacks, raising the importance of security for IoT devices. Vendors are competing and colliding in a rush to offer capabilities. Midterm emerging technologies that will deliver benefits in the next two to five years: AI agents. The role of autonomous workplace assistants or AI agents has expanded beyond the back office and employee assistance to customer-facing automation. These AI agents will grow increasingly sophisticated to better understand and respond to nuance and context. Autonomous mobility. This technology will accelerate commercial and urban transportation ecosystem collaborations to orchestrate personalized mobility experiences for both customers and businesses. Edge intelligence. Advanced edge intelligence capabilities such as edge machine learning are still not yet common, even though many foundational elements like Apple foundation models are becoming available. Quantum security. This technology will overhaul security systems for on-premises and cloud compute, storage and network infrastructure, commercial off-the-shelf software, commercial software-as-a-service offerings, and in-house built software. Emerging technologies that will take at least five more years to deliver tangible value for most firms and use cases: Extended reality (XR). Only 8% of US online adults own a virtual-reality headset, and just 16% have used an augmented-reality device or app. While XR is advancing in training and onboarding, companies are resisting investing in tools like these until they see broad adoption. Zero Trust edge (ZTE). ZTE technology has the potential to protect remote workers, retail outlets, and branch offices with embedded local security, but only a handful of true ZTE solutions exist today, and legacy devices add additional management complexity. "Tech leaders must be able to identify the right use cases and quantify potential benefits, costs, and risks across multiple horizons," says Brian Hopkins, Forrester VP, emerging tech portfolio. "They need to spread investments out, with shorter-term technologies delivering quick returns and longer-term bets requiring more effort, more foundational investment, and the capacity to manage more risk." Resources: Learn more about the top emerging technologies that will deliver ROI for enterprises. Read The Top 10 Emerging Technologies In 2024 report to gain insight into maturity trends, business value, important use cases, and risks associated with each technology (client access required). Register for a complimentary webinar that takes a deep dive into the 2024 list of emerging technologies and their use cases and benefits. Download Forrester's complimentary guide for tech leaders to identify use cases and gain support for emerging technologies. Tech and data leaders can attend Forrester's 2024 Technology & Innovation Summits in North America, EMEA, and Asia Pacific to learn how to align their IT strategy to their business goals to accelerate growth. About ForresterForrester (Nasdaq: FORR) is one of the most influential research and advisory firms in the world. We help leaders across technology, customer experience, digital, marketing, sales, and product functions use customer obsession to accelerate growth. Through Forrester's proprietary research, consulting, and events, leaders from around the globe are empowered to be bold at work — to navigate change and put their customers at the center of their leadership, strategy, and operations. Our unique insights are grounded in annual surveys of more than 700,000 consumers, business leaders, and technology leaders worldwide; rigorous and objective research methodologies, including Forrester Wave™ evaluations; more than 100 million real-time feedback votes; and the shared wisdom of our clients. To learn more, visit Forrester.com.
TAIPEI, June 26, 2024 /PRNewswire/ -- XREX Group, a blockchain-enabled financial institution, announced its official entry into the regulatory technology (RegTech) industry by launching XRAY, a blockchain wallet address query tool. The first phase releases include two free versions, the Standard and the Advanced, available via the XRAY LINE chatbot. Several prosecutors and law enforcement professionals in Taiwan have already tested XRAY before the announcement, using it to enhance the efficiency and accuracy of their investigation into fraud, money laundering, organized crime, sanctions, and hacking cases involving cryptocurrencies. XREX Group, a blockchain-enabled financial institution launches XRAY, a blockchain wallet address query tool, marking its official entry into the regulatory technology (RegTech) industry. As one of the first law enforcement officers to test XRAY, Chien-Lung Lin, Director of the High-Tech Crime Center at the Criminal Investigation Bureau under Taiwan's National Police Agency stated, "XRAY can provide wallet information immediately, which is very helpful for initial assessments. If the wallet address belongs to a specific exchange, its name will also be displayed, benefiting the next steps in our investigation. Currently, the maximum query for each batch is 10 wallet addresses, and we look forward to XRAY offering large-scale batch queries in the near future." Everyone can register and use XRAY's free Standard version by adding the XRAY chatbot on LINE after passing verification. By sending one wallet address or a batch of addresses to the chatbot, the chatbot will immediately respond and accurately identify if the particular wallet belongs to any domestic and international exchanges, as well as display the balance and types of crypto assets stored in it. The initial list of recognized Taiwanese exchanges on XRAY includes, but is not limited to: XREX, BitoPro, Maicoin, MAX, ACE, Hoya Bit, Rybit, and BITGIN. Global exchanges include Binance, OKX, Huobi, Bybit, Crypto.com, BingX, Bitfinex, Coinbase, and Kraken. Fill in the application form to request access to the XRAY Standard version. The Advanced version of XRAY, which involves further criminal intelligence, is currently available only to law enforcement, regulatory agencies, government officials, and compliance officers in banks, electronic payment services, and exchanges. This version provides additional information on the risk level and risk attribution associated with the queried wallet address, such as scams, fraud, money laundering, organized crime, sanctions, and hacking. Fill in the application form to request access to the XRAY Advanced version. XRAY helps law enforcement precisely retrieve data from exchanges and assists regulatory agencies in studying the behavioral patterns of fraud, money laundering, and illegal cryptocurrency activities across various exchanges. It also aids compliance officers in banks and exchanges assess the risk levels of specific cryptocurrency transactions. "XRAY focuses on identifying Asia's crime patterns, particularly fraud and money laundering, which are less emphasized in blockchain intelligence tools from Europe and the US. XRAY will fill this gap," said Wayne Huang, XREX's Co-founder and Group CEO. Since its establishment in 2018, XREX Group has successively launched the XREX crypto-fiat exchange, stablecoin payment platform XREX Pay, and the white-label exchange service. XRAY is the group's fourth product line. Last month, XREX hinted at its commitment to RegTech innovation by announcing an investment from Tether, the world's largest stablecoin issuer. The LINE chatbot is the first phase of XRAY's release, with a web version and API integration planned for the second phase. "XRAY leverages blockchain's open and immutable nature to establish a regulatory technology infrastructure, which enables the reporting, alerting, and monitoring of illegal activities. This is our obligatory social responsibility. We invite like-minded members of the blockchain space from Taiwan and beyond, to be a part of our XRAY Community, and join us in our fight against global fraud," said Sun Huang, XREX Chief Security Officer and General Manager. XREX plans to collaborate with the Taiwan FinTech Association to integrate XRAY's anti-fraud and anti-money laundering technology into the association's Financial Crime Prevention Task Force. This initiative aims to establish a suitable real-time monitoring and joint defense mechanism for digital asset platforms, financial institutions, law enforcement, and regulatory agencies across Taiwan and Asia. "Only by effectively eliminating the dark side of the cryptocurrency industry can we confidently embrace the bright side of blockchain technologies," said Jaclyn Tsai, the Honorary Chairwoman of the Taiwan FinTech Association and Chief Advisor of the Taiwan Virtual Asset Service Provider (VASP) Association. "Preventing, intercepting, stopping, and punishing fraud and scams requires public-private collaboration across sectors. The launch of XRAY by XREX is an exemplary model of this approach." About XREX GroupXREX Group is a blockchain-enabled financial institution working with banks, regulators, and users to redefine banking together. We provide services to businesses in or dealing with emerging markets, and novice-friendly financial services to individuals worldwide. Founded in 2018, XREX offers a full suite of services such as digital asset custody, wallet, cross-border payment, fiat-crypto conversion, cryptocurrency exchange, asset management, and fiat currency on-off ramps. Sharing the social responsibility of financial inclusion, XREX leverages blockchain technologies to further financial participation, access, and education. XREX Singapore operates under the Major Payments Institution (MPI) license issued by the Monetary Authority of Singapore (MAS). XREX Taiwan completed its Compliance Statements on Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) with Taiwan's Financial Supervisory Commission (FSC) in March 2022 and is a regulated VASP. CONTACT: Yoyo Chih Wei Yu, yoyoyu@xrex.io
Region sees 108% increase in voice scams as fraudsters continue shift to mobile MELBOURNE, Australia and MUMBAI, India, June 26, 2024 /PRNewswire/ -- A new financial crime report out today details how criminal organizations in the APAC region now outsource the laundering of money stolen via scams to international syndicates specializing in this cleaning. BioCatch identified and helped APAC banks shut down more than 150,000 money mule accounts in 2023 and estimates exponentially more such accounts in use across the region. "Where there are scams, there are mules," BioCatch Director of Global Fraud Intelligence Tom Peacock said. "Criminal organizations use these mule accounts as intermediate stops between the victim's bank account and the final account from which they plan to withdraw their stolen money. The mules we've identified almost certainly represent a tiny fraction of those actively laundering money in the region, with more cropping up every day. Financial institutions in APAC and around the world must do more to identify these mules, hamper their ability to open new accounts, and identify those legitimate accounts money launderers succeed in turning from good to bad." In this latest edition of its Digital Banking Fraud Trends in APAC report, BioCatch – which identifies and prevents fraud and financial crime in real time by analyzing as many as 3,000 different physical behavior patterns (mouse movements and typing speed, for example) and cognitive signals (hesitation, segmented typing, etc.) in search of anomalies – points to mobile malware as the greatest threat to banks in Southeast Asia in 2024. "Whether through SMS-mining or illegal loan apps, we've seen an explosion in Android-based malware in the region," Peacock said. "Malware developers continue to innovate, circumventing bank and Google Play Store defenses to harvest what they need from mobile devices to access digital banking accounts and then transfer away the victim's funds to a money mule." There is reason for hope in fighting fraud in APAC, however. In Australia, the number of reported scam cases grew by 13% in 2023, but scam losses declined by $90 million. "Nine out of the 10 largest Australian banks employ BioCatch solutions to protect their customers from fraud and financial crime by analyzing the behavior of the user behind every online banking session," BioCatch APAC Vice President Richard Booth said. "Already in 2024, we see massive progress: Money lost to fraud in the country declined by 48% in the first quarter of this year compared to Q1 of 2023. It's difficult to reach any conclusion other than that BioCatch has left Australian digital-banking customers far safer from fraud than they were before." Other key findings: No desktop or laptop needed: BioCatch found as much as 70% of all reported frauds in APAC originated from mobile apps in 2023, an increase of 17% from the year before. Scams are everywhere: Across the region, the number of reported voice scams increased by 108% in 2023. Australia bucking all trends: In addition to seeing fraud losses actually decline, the nation also saw fewer fraud cases involving malware or Remote Administration Tools (RATs) in 2023 than it did in 2022. Click here to access BioCatch's complete 2024 Digital Banking Fraud Trends in APAC report. About BioCatch:BioCatch stands at the forefront of digital fraud detection, pioneering behavioral biometric intelligence grounded in advanced cognitive science and machine learning. BioCatch analyzes thousands of user interactions to support a digital banking environment where identity, trust, and ease coexist. Today, more than 30 of the world's largest 100 banks and 196 total financial institutions rely on BioCatch Connect™ to combat fraud, facilitate digital transformation, and grow customer relationships. BioCatch's Client Innovation Board – an industry-led initiative featuring American Express, Barclays, Citi Ventures, HSBC, and National Australia Bank – collaborates to pioneer creative and innovative ways to leverage customer relationships for fraud prevention. With more than a decade of data analysis, 92 registered patents, and unmatched expertise, BioCatch continues to lead innovation to address future challenges. For more information, please visit www.biocatch.com. Media contact:Jay JonesJay.jones@biocatch.com
High Tech Security
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