Sophos Report Highlights Trends and Urges Enhanced Cybersecurity Measures
The latest report from Sophos reveals a decline in retail organizations successfully stopping ransomware attacks before data encryption, hitting a three-year low at 26%. For those paying the ransom, median recovery costs were four times higher than those using backups. The report underscores the importance of early attack detection and robust defensive measures. 21 November 2023 – Sophos, a globally recognized leader in...
SAS Strengthens Global Presence with Strategic Partnership with TD SYNNEX for Asia Pacific Japan Distribution
SAS, a global analytics leader, has entered a strategic agreement with TD SYNNEX, designating Tec D1 as the regional distributor for SAS® solution providers in the Asia Pacific Japan region. The collaboration aims to empower partners, offering enhanced expertise and market presence. 21 November 2023 – SAS, the forefront leader in analytics, has inked a comprehensive worldwide agreement with TD SYNNEX. This collaboration...
Malaysian Skincare Brand, The Raw., Achieves Remarkable Success in Educating Users via Shopee Live
Malaysian skincare brand, The Raw., achieves significant success through Shopee Live, leveraging interactive sessions to educate users on healthy skin practices. With over 30% of orders coming from live streams in 2023, the brand plans to increase livestreaming hours, demonstrating a commitment to raising skincare awareness among Malaysians. 20 November 2023 – The Raw., a locally-rooted skincare brand, is making waves in the...
India-Asean Startup Summit 2023 Set to Catalyze Cross-Border Collaboration
DEWI Wealth Accelerator’s India-Asean Startup Summit 2023 (IASS 2023) is set to bring together over 600 startups, investors, and stakeholders from Malaysia and beyond, fostering cross-border collaborations with a focus on innovation and women empowerment. 20 November 2023 – More than 600 startups from local and international domains are poised to converge at the Sunway Pyramid Convention Centre for the inaugural...
Cortex XSIAM 2.0 Unleashes Customization Power with BYOML Framework for Enhanced Cybersecurity
Palo Alto Networks introduces Cortex XSIAM 2.0, featuring a Bring-Your-Own-Machine-Learning framework for enhanced security customization. 20 November 2023 – Palo Alto Networks has unveiled Cortex XSIAM 2.0, an upgraded version of its AI-driven security operations platform. This release introduces a groundbreaking Bring-Your-Own-Machine-Learning (BYOML) framework, empowering security teams to craft and integrate their machine...
Mobiva’s Groundbreaking Tech Solutions Propel Global Disaster Preparedness
Malaysian tech startup Mobiva is leading the charge in disaster preparedness and climate resilience through its innovative Citizen platform, utilizing AI-driven technologies and crowd-sourced mobile data to create real-time hazard maps. Since its inception in 2020, Mobiva has experienced substantial growth, securing accolades such as the championship at the ABD Hackathon, and is actively engaged in projects globally, including...
Visa and Tencent Forge Alliance to Transform Cross-Border Remittances for Weixin Users
Visa has partnered with Tencent Financial Technology to facilitate inbound remittances for Weixin users in Mainland China, extending the reach of the Visa Direct network to over one billion users. This collaboration caters to the growing demand for seamless cross-border transactions, leveraging digital wallets and enhancing convenience and security for users and businesses. 17 November 2023 – Visa, a global leader in digital...
Singapore’s MAS Unveils Groundbreaking Initiatives for a Digital Money Future
The Monetary Authority of Singapore (MAS) has introduced three key initiatives, including a digital Singapore dollar blueprint, expanded digital money trials, and the issuance of a “live” CBDC for wholesale settlement, signaling a significant advancement in the country’s digital monetary landscape. These initiatives aim to ensure secure and innovative digital money utilization, encompassing components such as...
Google and Malaysian Government Unite for Digital Growth and Inclusive Skilling Initiatives
The Malaysian government and Google have joined forces in a strategic collaboration aimed at enhancing inclusive growth opportunities in Malaysia’s digital economy. The initiatives, spanning skilling programs, digital infrastructure investment, AI innovation, and cloud-first policies, underscore Google’s commitment to advancing Malaysia’s digital competitiveness, aligning with the nation’s economic frameworks....
Malaysia and Singapore Forge Seamless Cross-Border Payments with DuitNow-PayNow Linkage
Bank Negara Malaysia and the Monetary Authority of Singapore have jointly launched a real-time payment systems linkage between DuitNow and PayNow, enabling instant, secure, and cost-effective cross-border fund transfers. This collaboration, encompassing non-bank financial institutions and aligning with regional initiatives, marks a significant advancement in enhancing the efficiency and accessibility of cross-border payments between...
