Wednesday, November 29, 2023

NEW RESEARCH: 97% OF U.S. CIOS IDENTIFY CYBERSECURITY AS A CURRENT MAJOR THREAT TO THEIR ORGANIZATION



New Research: 97% of U.S. CIOs Identify Cybersecurity as a Current Major Threat to Their Organization (Photo: Business Wire)

New Research: 97% of U.S. CIOs Identify Cybersecurity as a Current Major Threat to Their Organization (Photo: Business Wire) 


EDISON, N.J., Nov 29 (Bernama-BUSINESS WIRE) -- According to new research released by Opengear, a Digi International company (NASDAQ, DGII, www.digi.com) and provider of secure and Smart Out of Band management solutions, a staggering 97% of U.S.-based CIOs surveyed expressed serious concerns about at least one cybersecurity threat. This comprehensive survey encompassed responses from 502 CIOs and 510 network engineers in the U.S., U.K., France, Germany, and Australia. The primary cybersecurity concerns highlighted in the research included malware (42%), spam and phishing (34%), social engineering (31%), and insider threats (30%). Remarkably, malware also emerged as a significant threat for 42% of the surveyed network engineers.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231128568826/en/
 
While only 23% of U.S. CIOs reported distributed denial-of-service (DDoS) attacks as a threat, 38% of network engineers reported a higher level of concern for this specific type of attack, most likely due to their close proximity to the network. To add to these concerns, U.S. engineers said that insufficient investments are enhancing the risk of cyberattacks and/or downtime (59%). This suggests that lack of budget spent on software upgrades and network upgrades, for example, leaves organizations more vulnerable to attack and has the potential to affect business continuity, which is a high priority for 97% of CIOs in the U.S. and 88% of CIOs globally.

“The skills shortage and insufficient investment in networks are two factors that have combined to encourage cybercriminals to breach businesses,” said Gary Marks, President at Opengear. “Smart Out of Band solutions enable organizations to manage their networks at all times from local and remote sites, even during an outage. Network engineers can make smarter, real-time decisions to achieve consistent network resilience and unparalleled visibility, with security and encryption features ensuring that management policies remain continually enforced.”

Continued technology investment is essential to enable engineers to safeguard networks during cyberattacks. The latest research further highlights a concerning trend, indicating that 27% of U.S. network engineers are actively contemplating leaving their current roles due to inadequate funding — an alarming contrast to the global average of 21%.

About Opengear

Opengear, a Digi International company, delivers secure, resilient access and automation to support critical IT infrastructure on the First Day, Every Day and Worst Day. Through presence and proximity, Opengear solutions enable provisioning, orchestration, and remote management of network devices through innovative software and appliances. Opengear solutions are trusted by global organizations across financial, digital communications, retail, and manufacturing sectors. The company is headquartered in New Jersey, with an R&D center in Brisbane, Australia.

For more information, visit www.opengear.com/.

About Digi International

Digi International (NASDAQ: DGII) is a leading global provider of business and mission-critical Internet of Things (IoT) connectivity products and solutions. We help our customers create next-generation connected products and solutions to deploy, monitor, and manage critical communications infrastructures and compliance standards in demanding environments with high levels of security, relentless reliability, and bulletproof performance. Founded in 1985, the company has helped customers connect more than 100 million things – and counting. For more information, visit www.digi.com, or call 877-912-3444 (U.S.) or 952-912-3444 (International).

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20231128568826/en/

Contact

Opengear U.S. Media Contact
Peter Ramsay
open@globalresultspr.com
+1 949 608 0276

Opengear UK Media Contact
Kate Hellig
kateh@whiteoaks.co.uk
+44 (0) 1252 727313

Source : Opengear

Wednesday, November 22, 2023

H2SITE FIRST ON-BOARD AMMONIA CRACKING SYSTEM GENERATES PURE HYDROGEN

 

KUALA LUMPUR, Nov 22 (Bernama) -- H2SITE has successfully validated the first ammonia cracker to produce high-purity hydrogen for onboard power generation using a polymer electrolyte membrane (PEM) fuel cell.

In a statement, the company said an integrated membrane reactor has been installed and operated on board of the BERTHA B supply ship, sailing the shores of the Gulf of Biscay.

“Our innovative membrane reactor technology not only brings an improvement in system efficiency but also reduces the footprint of the installation. This is especially important in applications where space is limited, such as onboard a vessel.

“We have focused our design efforts on minimising the ammonia consumption, which will be key for the scale up to suit higher power output units,” said H2SITE Technical Director, Jose Medrano.

Maritime transport is responsible for two per cent of global greenhouse gas emissions, presenting significant potential for emission reduction by transitioning from hydrocarbons to green fuel options, such as hydrogen.

Ammonia cracking is gaining traction as a potential hydrogen carrier for onboard applications and it can be used directly in engines, or can be cracked into hydrogen and used in fuel cells. Before hydrogen is used, purification is necessary, especially if traces of ammonia are present.

H2SITE’s membrane reactors make sure all the ammonia is transformed, while delivering a high purity hydrogen to the fuel cell in a single process step. During navigation, as part of the H2OCEAN project, H2SITE’s cracker has successfully powered the ship's auxiliary services.

This achievement was made possible by working together with players active in the maritime decarbonisation segment such as Zumaia Offshore, Erhardt Offshore, Ajusa, and TECNALIA, along with the participation of Enagas and ABS.

This project is a stepping stone for H2SITE in the decarbonisation of maritime transport.

Based in Spain, H2SITE was established in 2020 and possesses exclusive technology for reactors and separators, facilitating the conversion of various feedstocks into hydrogen.

-- BERNAMA

Tuesday, November 21, 2023

IASO BIO SET UP CAR-T TREATMENT CENTRE IN CHINA TO SERVE MM PATIENTS



KUALA LUMPUR, Nov 21 (Bernama) -- Nanjing IASO Biotechnology Co Ltd (IASO Bio) made its debut at the Sixth China International Import Expo (CIIE) with FUCASO, the world's first fully-human chimeric antigen receptor T-cell (CAR-T).

In a statement, the company said it has also entered into a strategic partnership with several international medical institutions, bringing hope for cure to multiple myeloma (MM) patients worldwide.

The China National Medical Products Administration (NMPA) approved the marketing of FUCASO’s Equecabtagene Autoleucel Injection for the treatment of adult patients with relapsed or refractory multiple myeloma (r/rMM), on June 30.

Meanwhile, the injection has received the Orphan Drug Designation, as well as the Regenerative Medicine Advanced Therapy and Fast Track Designations from the United States (US) Food and Drug Administration, and has been approved for clinical trials in the US.

A single infusion of FUCASO can lead to lasting and deep remission with a favourable safety profile in patients with r/rMM who have failed multiple lines of therapy.

Due to its unique design, FUCASO, as a fully-human CAR-T therapy, is able to persist in patients for a longer period of time, offering hope for overcoming the challenging problem of relapsed MM.

FUCASO has attracted patients from numerous countries around the world to seek treatment in Chinese hospitals in just four months since its approval for marketing in China.

These hospitals have a world-leading level of full-process management in CAR-T therapy, in addition to the cost of treatment with FUCASO in China is significantly lower than that of similar products in Europe and America, which has benefitted more patients worldwide.

-- BERNAMA

Monday, November 20, 2023

MARITIME SILK ROAD TOURISM FESTIVAL: FUJIAN IMPORTANT FORCE BEHIND BRI




KUALA LUMPUR, Nov 20 (Bernama) -- Hosted by the Department of Culture and Tourism of Fujian Province and Fuzhou Municipal People's Government, the Eighth Maritime Silk Road (Fuzhou) International Tourism Festival kicked off in Fuzhou, Fujian Province, China on Nov 17.

The festival is sponsored by the Ministry of Culture and Tourism of the People's Republic of China and the People's Government of Fujian Province.

It showcases Fuzhou's active participation in the Belt and Road Initiative (BRI) by inviting nearly 500 guests to take part in related activities in the city, according to Fuzhou Municipal Bureau of Culture and Tourism in a statement.

These guests include representatives from international organisations, the World Tourism Alliance, the International Mountain Tourism Alliance, and representatives of friendly cities of co-building countries, all working together to enhance the impact of the Maritime Silk Road (Fuzhou).

This year's festival emphasises on international characteristics, unique aspects of the Maritime Silk Road, and the fusion of culture and tourism.

The main events include the festival's launch ceremony and cultural tourism dialogue, the Fujian Tourism Expo 2023, and the grand cultural and tourism experience event "Maritime Silk Road-Themed Wonders Night", showcasing a diverse array of Fuzhou's culture as an international brand.

It highlights distinctive aspects of Fuzhou's culture, including the historical and cultural significance of Yantai Mountain, hot springs, Fujian cuisine, ancient houses, and intangible cultural heritage, all contributing to showcasing the charm of the city.

The festival marks a significant milestone for Fujian Province and Fuzhou City in their efforts to comprehensively develop and construct a central area that will play a key role in the "21st Century Maritime Silk Road".

Held for seven consecutive years since it began in 2015, the festival has been offering a new platform for regional cooperation, promotion, and collaboration among participating countries, and has evolved into an internationally influential tourism conference.

-- BERNAMA



Sunday, November 19, 2023

Floship Chosen To Join HKSTP Elite Programme

KUALA LUMPUR, Nov 17 (Bernama) -- Floship, a global circular supply chain solutions provider, has announced its selection to join the prestigious Hong Kong Science and Technology Park’s (HKSTP) Elite Programme.

This recognition further solidifies Floship’s position as a frontrunner in the supply chain software industry, with the potential to become the leading company worldwide.

In a statement, Floship said being named to the Elite Programme is a significant milestone for the company, as it joins an exclusive portfolio of the most innovative companies in Hong Kong.

This achievement follows a series of remarkable developments for the fast-growing tech company over the past year, which included a strategic commercial partnership with logistics giant FedEx, a groundbreaking collaboration with United States-based tech firm Zonos, and the esteemed recognition of being named to The Leading 100 List.

Floship Chief Executive Officer, Joshua Tsui said: “We are thrilled to be among the most forward-thinking and innovative businesses in Hong Kong as a leading LogTech company.

“Floship’s vision is to create the most comprehensive integrated logistics software on the market, and receiving this support from the Elite Programme and HKSTP reinforces our aspiration to become the go-to software for supply chain management worldwide.”

The HKSTP Elite Programme is an exclusive three-year milestone-based funding initiative that offers assistance to technology enterprises demonstrating strong growth potential to expand their business beyond Hong Kong, with the ultimate objective of becoming a unicorn.

As an Elite Programme company, Floship will gain access to HKSTP’s world-class equipment, software and lab facilities, in addition to receiving expert guidance, support, and funding.

Meanwhile, to showcase its innovative technology, Floship participated in the HKSTP Openhouse event, Hong Kong’s largest platform for technology and innovation, on Nov 7, presenting its cutting-edge solutions to over 100 business leaders and investors.

In addition, Floship will present its circular logistics solutions as part of HKSTP’s connective Digital Membership Programme under the Mobility & Logistics Solutions Catalogue.

-- BERNAMA


Wednesday, November 15, 2023

Rakuten Fintech Vietnam Relocates To New, Expanded Office

KUALA LUMPUR, Nov 14 (Bernama) -- Rakuten Fintech Vietnam Co Ltd, a systems development subsidiary of Rakuten Card Co Ltd has relocated to a new location in Ho Chi Minh City as of Nov 13 to enable the company to further increase personnel and expand business operations, in response to growing systems development work.

“Our team in Vietnam has grown tremendously since launching in 2021, thanks to the invaluable support of local tech talent and the surrounding community.

“With more than 29 million cards issued, Rakuten Card is an industry leader in Japan. From our new position in Ho Chi Minh City, we are eager to further enhance Rakuten Card’s success and contribute to Rakuten’s leading fintech businesses,” said its General Director, Takao Shiono in a statement.

The new office is situated in District 1 of Ho Chi Minh City, conveniently located on the upper floors of a 26-storey building overseeing the city. With a capacity for approximately 200 employees and conference rooms, huddle spaces and booths available, the new office provides an ideal environment for colleagues to collaborate on projects.

In addition, a cafeteria and refreshment area offer a place for employees to relax, while also doubling as large meeting spaces.

Rakuten Card established Rakuten Fintech Vietnam as a development centre in October 2021 with the goal of driving sustainable growth, accelerating systems development for its expanding service lineup and supporting business continuity planning for the information technology (IT) systems that form the foundation of Rakuten Card’s services.

Since its establishment, Rakuten Fintech Vietnam has hired local IT engineering talent to develop services for consumer-facing apps, as well as systems for affiliate stores and business automation tools for boosting operational efficiency.

Rakuten Card will continue to strengthen its organisational capabilities and secure the best in global talent, while enhancing its credit card services and lineup of features to make financial services more convenient and more accessible to customers.

-- BERNAMA


Wednesday, November 8, 2023

MARINUS PHARMACEUTICALS LAUNCHES GLOBAL ACCESS PROGRAMME TO EXPAND ZTALMY AVAILABILITY



KUALA LUMPUR, Nov 8 (Bernama) -- Marinus Pharmaceuticals Inc, a pharmaceutical company dedicated to the development of innovative therapeutics to treat seizure disorders, has initiated the Marinus Access Program, a global managed access programme for ZTALMY (ganaxolone) oral suspension CV.

The new programme enables physicians to request ZTALMY for eligible patients with seizures associated with CDKL5 deficiency disorder (CDD) in geographies where the product is not commercially available and as supported by local regulatory requirements.

According to a statement, the Marinus Access Program will be managed by Durbin, a leader in the international distribution of specialised pharmaceuticals.

Marinus Chairman and Chief Executive Officer, Scott Braunstein said consistent with the company mission, it is committing appropriate resources to help facilitate broader access to ZTALMY for patients with critical unmet medical needs.

“With the launch of the Marinus Access Program and commercial collaboration agreements in place in MENA region, we are proud to advance our global access strategy and provide pathways to make ZTALMY available for appropriate CDD patients in geographies where there are no approved treatment options and local regulations allow,” he said.

The United States Food and Drug Administration and European Commission approvals of ZTALMY in CDD are supported by data from the Phase Three Marigold double-blind placebo-controlled trial.

In the Marigold open label extension study, patients treated with ZTALMY for at least 12 months experienced a median 49.6 per cent reduction in major motor seizure frequency.

In the clinical development programme, ZTALMY demonstrated efficacy, safety and tolerability with the most common adverse reactions in the ZTALMY group being somnolence, pyrexia, salivary hypersecretion and seasonal allergy.

-- BERNAMA

Thursday, November 2, 2023

YILI POSTS HIGHER NET PROFIT, RECORD-HIGH REVENUE IN FIRST THREE QUARTERS FY2023




KUALA LUMPUR, Nov 2 (Bernama) -- Yili Group’s net profit for the first three quarters of the year (FY2023) rose by 16.36 per cent to 9.38 billion Chinese yuan, from a year ago, driven by a continuous improvement in the company’s core business capabilities.

The company’s revenue amounted to 97.404 billion Chinese yuan (approximately US$13.32 billion), a year-on-year (yoy) increase of 3.77 per cent. (US$1=RM4.75)

In a statement, the Asian dairy giant said it continued to step up the application of research and development (R&D) outcomes, evidenced by the launch of a series of innovative healthy products that have received positive feedback from consumers.

In terms of business units, Yili's liquid milk business secured its leading position in the segment with accelerated growth, with a reported revenue of 65.432 billion Chinese yuan (approximately US$8.93 billion) from January to September, a yoy increase of 2.07 per cent, and the growth rate reached 8.48 per cent in the strong third quarter.

Adult milk powder continued its strong growth, leading the segment with its market share rising to 23.9 per cent, while the rapidly growing ice cream business also topped the segment in terms of market share and reported a revenue of 10.383 billion Chinese yuan (approximately US$1.42 billion).

The achievements are attributable to Yili's strong capabilities in transforming its key innovation outcomes into top-selling new products. Benefitting from its digital-oriented upgrading across the entire value chain, the company has seen significant progress in overall business efficiency which is shaping its new competitive advantages.

While driving robust development in business performance, its digitalised operation system is also contributing to a sustainable dairy industry, representing success both commercially and socially.

In upstream segments of the industry, Yili has adopted a recycling-oriented sustainability model, and has built a number of ecological smart farms that are equipped with intelligent, low-carbon and eco-friendly facilities.

Meanwhile, at midstream level, the company has built five net-zero carbon factories and had 31 factories certified as state-level "green factories", as well as all of its factories in China have completed digitalised upgrades.

Towards the downstream, Yili remains a trendsetter in promoting sustainable consumption by adopting eco-friendly packaging, to reduce carbon footprint.

-- BERNAMA

Wednesday, November 1, 2023

ZOOM AI COMPANION HITS ONE MILLION MEETING SUMMARIES MILESTONE

AI Companion will expand support for 32 new languages, new capabilities for Zoom Events, in-meeting questions, and meeting coaching

SAN JOSE, Calif., Oct 31 (Bernama-GLOBE NEWSWIRE) -- Today Zoom Video Communications, Inc. (NASDAQ: ZM) announced that Zoom AI Companion, the company’s generative AI assistant, has reached a milestone less than two months after its launch, with more than 125,000 accounts using AI Companion, generating more than one million meeting summaries. Zoom also announced new capabilities, additional language support, and further enhancements to existing capabilities for AI Companion.

“Providing the best value to our customers across our platform is core to our mission, which is why we made AI Companion available at no additional cost,¹ and we continue to introduce new AI capabilities at Zoom speed, so more of our customers can get the most out of Zoom’s AI innovations,” said Smita Hashim, chief product officer at Zoom. “Our unique federated approach allows us to dynamically utilize different models, helping to reduce AI overhead costs and provide broad access to generative AI.” 

New Zoom AI Companion capabilities
Beginning today, AI Companion users will be able to use the in-meeting questions capability in new languages, as well as receive short meeting summary overviews at the beginning of full meeting summaries.

· Users can now use AI Companion’s in-meeting questions capability in seven new languages (preview).

· Based on feedback from users, the meeting summaries capability now includes an overview at the top of the summary in emailed summaries, providing users with a shorter version of the meeting summary in addition to the full meeting summary. Meeting summary overviews will be available in summaries delivered via continuous meeting chat in November.

AI Companion capabilities available in November

Zoom will continue to improve AI Companion, with the following new capabilities planned to be available in November:

· Both AI Companion meeting summary and in-meeting questions capabilities will support a total of 32 new languages, in preview.

· AI Companion will provide users with meeting coach capabilities, beginning with speech analytics in Smart Recordings. Speech analytics will include the meeting host’s talk-listen ratio, talk speed, and speech fillers so that hosts can glean valuable insights into how they engage with meeting participants during Zoom Meetings.

· AI Companion will be available in Zoom Events, with chat compose capabilities for lobby chats and assistance with composing emails for registration, marketing, and ticketing communications.

· Zoom will introduce an optional control for customers to specify that AI Companion capabilities for their organization only use the Zoom large language model.