Wednesday, November 29, 2023

97 PCT CIOS DISTRESSED BY CYBERSECURITY THREAT - OPENGEAR SURVEY



KUALA LUMPUR, Nov 29 (Bernama) -- A staggering 97 per cent of United States (US)-based chief information officers (CIOs) surveyed expressed serious concerns about at least one cybersecurity threat to their organisation.

This is according to a new comprehensive research released by Opengear, a Digi International company and provider of secure and Smart Out of Band management solutions.

“The skills shortage and insufficient investment in networks are two factors that have combined to encourage cybercriminals to breach businesses. Smart Out of Band solutions enable organisations 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,” said Opengear President, Gary Marks in a statement.

The primary cybersecurity concerns highlighted in the research included malware (42 per cent), spam and phishing (34 per cent), social engineering (31 per cent), and insider threats (30 per cent). Remarkably, malware also emerged as a significant threat for 42 per cent of the surveyed network engineers.

While only 23 per cent of US CIOs reported distributed denial-of-service (DDoS) attacks as a threat, 38 per cent 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, US engineers said that insufficient investments are enhancing the risk of cyberattacks and/or downtime (59 per cent).

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

The survey encompassed responses from 502 CIOs and 510 network engineers in the US, the United Kingdom, France, Germany, and Australia.

-- BERNAMA

Monday, November 20, 2023

SFF 2023: PINGPONG SHARES TACTICS FOR NAVIGATING GLOBAL COMPLEXITY



KUALA LUMPUR, Nov 20 (Bernama) -- PingPong, a global payment platform, announced several significant milestones and achievements in advancing the cross-border payments industry during the Singapore Fintech Festival (SFF) 2023, from Nov 6 to 8.

The event featured an insightful keynote address by the company’s Chief Executive Officer of Global Businesses, David Messenger, sharing strategies for enterprises navigating the dynamic global macroeconomic and business landscapes as well as a strategic partnership announcement with MODIFI, a fintech leader in digital trade finance.

In a statement, PingPong said Messenger shared strategies to protect, manage, and grow cross-border enterprises amid uncertainties.

Addressing volatility, regulatory changes, and evolving supply chains, he stressed the importance of technology combined with local teams, and strong local connections with valued partners.

Messenger also emphasised the need for quick adaptation to changing foreign exchange market (FX) and legal landscapes.

Concurrently, PingPong highlighted its capability to partner with enterprises worldwide, seeking world-class partners in Singapore and Southeast Asia for mutual growth.

PingPong recently secured approval as a Major Payment Institution in Singapore by the Monetary Authority of Singapore, allowing the company to offer a comprehensive range of payment services, facilitating faster global expansion for local businesses.

Messenger added: “These announcements underscore our commitment to empowering businesses globally. From protecting against uncertainties to driving digital trade, PingPong is at the forefront of reshaping cross-border transactions and financing.”

He also highlighted the human and people aspects, emphasising the need for fintechs to marry the power of technology with being local, people-driven companies.

The company supports customers in adapting to the new geopolitical and economic conditions, demonstrating the ability to adapt and change to take advantage of market opportunities.

-- BERNAMA

Thursday, November 16, 2023

PHC CORPORATION ANNOUNCES THAT INDONESIA-BASED LIFE SCIENCE EQUIPMENT SUBSIDIARY ESTABLISHED IN MARCH BY PHC GROUP WILL BEGIN FULL-SCALE OPERATIONS

 - PT PHC Sales Indonesia will support expansion of PHCbi life science equipment business in Southeast Asia -

TOKYO, Nov 14 (Bernama-BUSINESS WIRE) -- PHC Corporation’s Biomedical Division (headquarters: Minato-ku, Tokyo, President: Nobuaki Nakamura, hereafter Biomedical Division), provider of PHCbi-branded products including ultra-low temperature freezers and CO2 incubators, announced today that a new subsidiary in Indonesia established in March for sales and servicing of equipment including area in life science has today commenced business activities, after completing relevant requirements such as securing a distribution license for medical devices. The company, PT PHC Sales Indonesia (hereafter PHCSI), a subsidiary of SciMed (Asia) Pte Ltd (headquarters: Singapore, hereafter SciMed) which is in turn wholly owned by PHC Holdings Corporation (hereafter PHCHD), will further reinforce the foundation and facilitate growth of the Biomedical Division’s life science business in Indonesia.

The life science equipment market for the Asia Pacific region is poised for solid growth, reflecting an increase in R&D investment for biopharmaceuticals and growth in new medical institutions. Particularly in Indonesia, where the national health insurance system supports the world’s fourth-largest population of approx. 279 Million*¹, high market growth is forecast for the future due to a rise in lifestyle-related diseases such as diabetes and cancer as well as consumer demand for improved medical services.

The Biomedical Division, through fellow PHCHD subsidiary SciMed in Singapore, is already conducting sales and service for life science equipment in Southeast Asia, India and Oceania. PT PHC Indonesia (hereafter PHCI), a manufacturing subsidiary of PHCHD, also operates in the region as a secondary manufacturing base after Japan to respond to global demand for high-quality products such as biomedical freezers, pharmaceutical refrigerators, and CO2 incubators.

Now the establishment of PHCSI will allow the Biomedical Division to create a sales and service platform in Indonesia, reaching potential new customers and expanding its distributor network while strengthening customer service. By closely monitoring this market, the Biomedical Division will be better positioned to fulfill customer needs, develop new business opportunities in Indonesia, and accelerate business growth by utilizing its high manufacturing capabilities to deliver high-quality products. 

METHANE REMAINS IMPALPABLE CHALLENGE FOR OIL & GAS INDUSTRY - WOOD MACKENZIE



KUALA LUMPUR, Nov 16 (Bernama) -- Methane remains a significant challenge for the oil and gas industry, according to a new Horizons report from Wood Mackenzie, the global insight business for renewables, energy and natural resources.

The 28th United Nations Climate Change Conference (COP28) could prove a landmark moment for methane reduction commitments, and companies and governments will need to take strong steps to reduce emissions and enforce new standards.

Titled Mission invisible: tackling the oil and gas industry’s methane challenge, the report highlighted methane is responsible for almost a third of the emissions-induced increase in global temperatures and is estimated to account for up to a quarter of human-caused (anthropogenic) methane emissions.

Meanwhile, according to Wood Mackenzie’s Emissions Benchmarking Tool, typical methane losses per field are small and less than 500 kilogrammes per hour, which is below the measurable resolution of most current satellites, but around 96 per cent of all fields have emissions on this scale, making it a large, cumulative problem.

More significant emissions from larger fields are often spread across multiple production facilities, making them harder to quantify, according to a statement.

Government action will be vital to reduction efforts, with three high-level actions that can stimulate progress such as greater ambition; consistent enforcement; and financial support for technology, the report said.

With over 2,000 experts operate across 30 global locations, Wood Mackenzie covers the entire supply chain with unparalleled breadth and depth, backed by over 50 years’ experience in natural resources.

-- BERNAMA

Thursday, November 9, 2023

TOSHIBA LAUNCHES 30V N-CHANNEL COMMON-DRAIN MOSFET SUITABLE FOR DEVICES WITH USB AND FOR PROTECTING BATTERY PACKS

 

Toshiba: SSM10N961L, a 30V N-channel common-drain MOSFET in a new, small, thin package. (Graphic: Business Wire) 

KAWASAKI, Japan, Nov 7 (Bernama-BUSINESS WIRE) -- Toshiba Electronic Devices & Storage Corporation ("Toshiba") has launched “SSM10N961L,” a low on-resistance, 30V N-channel common-drain MOSFET, suitable for devices with USB and for protecting battery packs. Shipments start today. 
 
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231106160986/en/ 

Until now, Toshiba’s line-up of N-channel common-drain MOSFETs has focused on 12V products, mainly for use in protecting the lithium-ion battery packs of smartphones. The release of a 30V product realizes a wider selection of applications requiring voltages higher than 12V, such as load switching for the power lines of USB charging devices, and the protection of lithium-ion battery packs in laptop PCs and tablets.

Realizing a bi-directional switch with a low drain-source on-resistance (RDS(ON)) has required two MOSFETs, either 3.3×3.3mm or 2×2 mm, with low RDS(ON). Toshiba’s new product uses a new, small, thin package TCSPAG-341​501 (3.37mm​×1.47mm (typ.), t=0.11mm (typ.)), and features low source-source on-resistance (RSS(ON)) of 9.9mΩ (typ.) in a single package common-drain configuration. 

TRILLIANT TO FOCUS ON THE ENERGY TRANSITION, GRID MODERNIZATION AND AMI AT ENLIT ASIA

 



Executives to share insights during panel discussions and more; company a Diamond Sponsor at the annual conference


JAKARTA, Indonesia, Nov 9 (Bernama-BUSINESS WIRE) -- Trilliant, a leading international provider of solutions for advanced metering infrastructure (AMI), smart grid, smart cities and IIoT, will participate as Diamond Sponsor at Enlit Asia for the fifth consecutive year. The conference will take place November 14-16, 2023 at the Indonesia Convention Exhibition (ICE) in Jakarta.

Enlit Asia is an annual conference and exhibition for the power and energy sector, showcasing expert knowledge, innovative solutions and foresight from industry leaders, aligned with ASEAN's strategy to achieve a smooth transition towards a low-carbon energy future.

Trilliant executives and subject matter experts will participate in plenary and panel discussions throughout the event:
  • Trilliant’s Chairman and CEO Andrew C. White will take part in the CEO Dialogue to kick off Enlit Asia 2023/Indonesian Electricity Day Opening Ceremony on November 14 at 9 a.m.
  • White will also make opening remarks at a panel titled Balancing Energy Transition and Security for a Sustainable FutureEugene Loke, managing director, APAC at Trilliant will participate in the panel, which will focus on how the energy transition toward a sustainable future requires a careful balance between energy security and affordability. The discussion will address areas including connecting fundamental capabilities; evolving energy systems; policies and initiatives; and lessons learned. This will take place on November 14 at 1:40 p.m.
  • Trilliant will present at a Knowledge Hub session titled Grid Modernization: Priorities & Strategies for Utilities - AMI Case Study on November 14 at 12:20 p.m.
  • Vincent Thankachan, Customer Solutions Director at Trilliant, will join Electricity Generating Authority of Thailand (EGAT) and other industry members on a panel titled Unlocking The Full Potential Of AMI. They will discuss best practices and considerations for deploying AMI successfully, reliably and affordably in Southeast Asia, particularly in an archipelago region; the importance of standardization, interoperability and device compatibility for success and efficient smart meter roll outs; and how to leverage smart meters’ capabilities to drive and support grid modernization and digitalization initiatives. This session will take place on November 15 at 3:20 p.m.
“Utilities in the Asia-Pacific region are looking at accelerated innovation as the industry moves toward a low-carbon energy future,” said White. “Trilliant’s next generation network technologies along with our device-independent platform are key components to this growth, and we’re proud to continue to support customers at every stage of their energy transition journey, ensuring the best possible outcomes. We look forward to meeting with energy leaders at the conference and charting a path to success for utilities, smart cities, businesses and other regional stakeholders.”

Trilliant will be on the show floor at Booth 401 where attendees can experience innovative solution demos and speak with subject matter experts on how to choose flexible, modular solutions without having to be locked in with a single vendor; strengthen AMI and data analytics strategies; invest in the future of smart metering, buildings and IIoT; and achieve energy transition and sustainability goals.

To book a one-on-one demo and meeting with Trilliant at Enlit Asia, or for more information, contact info@trilliant.com.

For more information about Enlit Asia, visit: https://www.enlit-asia.com/live-event/

About Trilliant

Trilliant® empowers the global energy industry with the only device-agnostic communications platform that enables utilities and cities to deploy any application securely and reliably on one powerful network. Our purpose-built portfolio is designed to offer the power of choice, without risk of customers being “locked in” with one technology provider. We are proud to offer mission-critical solutions that support AMI, Data & Analytics, Smart Grids and Smart Cities. Customers worldwide benefit from Trilliant’s unique combination of flexibility, sustainability and scalability that connects utilities and cities to the IIOT and a more strategic path to the Energy Transition. Visit us at www.trilliant.com.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20231108974980/en/

Contact

Tracey Mitchell
tracey.mitchell@trilliant.com

Cindy Watson/Anita Wong
StrategicAmpersand Inc.
TrilliantPR@stratamp.com 

Source : Trilliant

Wednesday, November 8, 2023

PHARMA LEADER DR. HOLGER ZIMMERMANN JOINS LYSANDO'S ADVISORY BOARD IN PIONEERING FIGHT AGAINST ANTIBIOTIC-RESISTANT BACTERIA

 



Dr. Holger Zimmermann � Advisory Board Member Lysando AG

Dr. Holger Zimmermann – Advisory Board Member Lysando AG


TRIESENBERG, Liechtenstein, Nov 8 (Bernama-BUSINESS WIRE) -- Lysando, a leading innovator in the fight against antibiotic-resistant bacteria, proudly announces the appointment of Dr. Holger Zimmermann to its Advisory Board. Dr. Zimmermann's distinguished career in the pharmaceutical sector and healthcare industry brings a wealth of experience, positioning him as a key asset in Lysando's mission to eliminate the fear of harmful bacteria worldwide.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231107814787/en/
 
Currently serving as the Chief Research and Development Officer at AiCuris AG, Dr. Zimmermann has been instrumental in bringing innovative healthcare products to market. His extensive background in human pharmaceutical pre-clinical and clinical research underscores the transformative potential he brings to Lysando.

Count Markus Matuschka de Greiffenclau, Chairman of the Board of Directors of Lysando, expresses his enthusiasm, stating, “We are delighted to welcome Dr. Holger Zimmermann to our Advisory Board. His profound experience in the pharmaceutical and healthcare sectors, coupled with a successful track record in product development, makes him a valuable addition to our team. Dr. Zimmermann's unique insights will play a pivotal role in guiding us toward our ultimate goal of bringing life-enhancing solutions to market.”

As a distinguished member of the Advisory Board, Dr. Zimmermann will contribute invaluable knowledge and strategic guidance, particularly in navigating the challenges of the pharmaceutical industry. Expressing his excitement to join Lysando, Dr. Holger Zimmermann states, “Lysando's Artilysin® technology represents a powerful tool to combat antibiotic-resistant germs. Considering the accelerating spread of Antimicrobial Resistance, I am excited to be able to support Lysando's mission to develop innovative products against disease-causing bacteria.”

Lysando has been a driving force in innovation against antibiotic-resistant bacteria, pioneering the revolutionary Artilysin® technology, that safeguards individuals from dangerous infections. The company's dedication to curbing the dissemination of Antimicrobial Resistance aligns seamlessly with Dr. Zimmermann's expertise and vision.

With numerous ongoing projects and a commitment to turning innovative ideas into high-performing products, Lysando continues to make significant strides in its mission to bring hope and health to people in need.

About Lysando AG

Lysando AG is the market leader for antimicrobial proteins, so‐called Artilysin® molecules. They can effectively eliminate problem‐causing bacteria without associated high risk of resistance formation and microbial disbalances. Artilysin® constitutes an innovative, proprietary, and environmentally friendly technology with a wide range of applications.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20231107814787/en/

Contact

Isabella Kattler
+41(0)7932 14884
Isabella.Kattler@lysando.com

Source : Lysando