Cyber Security - AI-Tech Park https://ai-techpark.com AI, ML, IoT, Cybersecurity News & Trend Analysis, Interviews Fri, 30 Aug 2024 05:25:58 +0000 en-US hourly 1 https://wordpress.org/?v=5.4.16 https://ai-techpark.com/wp-content/uploads/2017/11/cropped-ai_fav-32x32.png Cyber Security - AI-Tech Park https://ai-techpark.com 32 32 Keeper Security Offers Cyber Tips for National Preparedness Month https://ai-techpark.com/keeper-security-offers-cyber-tips-for-national-preparedness-month/ Thu, 29 Aug 2024 16:45:00 +0000 https://ai-techpark.com/?p=178128 A significant portion of data breaches could be prevented with stronger password management and multi-factor authentication For National Preparedness Month in September, Keeper Security, a leading provider of zero-trust and zero-knowledge cybersecurity software, urges businesses to prepare for the rising tide of cyber threats by prioritizing fundamental cybersecurity practices. With more...

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A significant portion of data breaches could be prevented with stronger password management and multi-factor authentication

For National Preparedness Month in September, Keeper Security, a leading provider of zero-trust and zero-knowledge cybersecurity software, urges businesses to prepare for the rising tide of cyber threats by prioritizing fundamental cybersecurity practices. With more sensitive data being stored online, the risk of breaches and exploitation is at an all-time high. In a recent survey conducted by Keeper Security, 82% of U.S. IT and security professionals reported a year-over-year increase in cyber attacks targeting their organizations. To defend against the most common cyber threats, as well as emerging threat vectors, fundamental, yet often neglected, cybersecurity best practices must be prioritized.

A recent report from the Identity Theft Resource Center reveals there were 1,571 data compromises in the U.S., just in the first half of 2024. Strengthening data security processes is a crucial step to mitigate organizational risk in today’s evolving threat landscape. Key practices such as implementing robust data encryption, regularly updating and patching systems, and implementing strong access controls can help protect sensitive information from unauthorized access.

Keeper advises organizations of all sizes to implement the following fundamental protections:

  • Establish regular employee training on cybersecurity best practices and phishing awareness.
  • Implement strong access controls and conduct regular security audits to mitigate the risk of insider threats.
  • Strengthen account protection by adopting a password management solution and enforcing the use of MFA.

Conduct Regular Cybersecurity Training for Employees

Just as preparedness is key to mitigating the risk and potential damage associated with natural disasters, it’s also essential in cybersecurity. Regular employee training and education on cybersecurity best practices are crucial for protecting an organization from evolving cyber threats. Verizon’s 2024 Data Breach Investigations Report reveals 68% of breaches involved a non-malicious human element, such as a person falling victim to a social engineering attack or making an error. This can lead to devastating consequences.

A significant majority of respondents to Keeper’s recent survey – 67% – identified phishing as one of the most common cyber threats facing their organizations, with more than half (53%) reporting a significant increase in the frequency of these attacks. The human element is often the most vulnerable link in the attack chain, underscoring the criticality of educating users and conducting phishing simulations to enhance overall security awareness.

By training employees to recognize and respond to simulated phishing attacks, organizations can effectively prepare their frontline defenders to question unexpected notifications, report suspicious activity promptly and foster a culture of vigilance – ultimately strengthening their cybersecurity posture.

Beware of Insider Threats, Both Malicious and Unintentional

Preparedness extends to understanding and mitigating insider threats, whether malicious or unintentional, which pose significant risks to organizations. Keeper’s survey found that 28% of respondents experienced a cyber attack originating from an employee. To mitigate these risks, organizations should implement strong access controls and offboarding processes, provide comprehensive employee training and conduct regular security audits. Deploying a Privileged Access Management (PAM) solution can further enhance security by centralizing and controlling access to sensitive systems and data, reducing the risk of unauthorized access and data breaches.

Implement Processes and Technologies To Prevent and Thwart Attacks

In a world where data breaches have become increasingly common, preparedness is essential. Creating strong, unique passwords for each account remains a critical first line of defense against unauthorized access, yet many organizations and individuals fail to follow password best practices. Keeper’s survey found that nearly 40% of respondents identified password reuse as their most common password-related error. A password manager creates and stores high-strength, random passwords for every website, application and system, helping prevent the domino effect in which the compromise of one account leads to further unauthorized access.

In addition, password managers can help avoid incidents of stolen passwords, which impact 43% of IT and security leaders. These tools also support strong forms of Multi-Factor Authentication (MFA), such as an authenticator app, to add additional layers of protection to accounts, making unauthorized access significantly more difficult. When selecting a password manager, it’s important to prioritize providers that offer transparent security architecture, zero-knowledge and zero-trust infrastructure, and certifications like SOC 2, ISO 27001, 27017 and 27018, as well as FedRAMP Authorization, to ensure the highest level of protection.

“During National Preparedness Month, it’s vital for organizations to prioritize fundamental security best practices,” said Darren Guccione, CEO and Co-Founder of Keeper Security. “By being prepared with strong password management, enabling multi-factor authentication and staying vigilant against phishing scams, we can significantly reduce our vulnerability to cyber threats and protect our sensitive information.”

As National Preparedness Month highlights the importance of being ready for all types of emergencies, now is the time for organizations to assess their cybersecurity preparedness. By taking proactive measures and following fundamental cybersecurity practices, they can significantly reduce their vulnerability to cyber threats and protect valuable information.

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TerraMaster Launches BBS Integrated Backup Solution https://ai-techpark.com/terramaster-launches-bbs-integrated-backup-solution/ Thu, 29 Aug 2024 16:30:00 +0000 https://ai-techpark.com/?p=178124 Comprehensive Protection for Enterprise Data Security To address the challenge of global data security incidents, TerraMaster, a professional brand focusing on providing innovative storage products for families and businesses, officially launched its BBS integrated backup solution, offering comprehensive data backup solutions for small and medium-sized enterprises. This integrated backup solution combines a...

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Comprehensive Protection for Enterprise Data Security

To address the challenge of global data security incidents, TerraMaster, a professional brand focusing on providing innovative storage products for families and businesses, officially launched its BBS integrated backup solution, offering comprehensive data backup solutions for small and medium-sized enterprises.

This integrated backup solution combines a professional storage management system, a suite of backup software tools including Centralized Backup, TerraSync, Duple Backup, CloudSync, and Snapshot, and a hardware platform, achieving deep integration without the need for additional software costs. Backup tasks and storage capacity are unlimited. Whether the data is from employee PCs, physical servers, or virtual machines, the TerraMaster Backup Server offers a one-stop enterprise data backup service.

BBS Key Features

Flexible Combination and Full-Scenario Deployment
TerraMaster integrated backup solution allows for free combination based on different application scenarios and company sizes, enabling the implementation of various backup strategies. Additionally, its deployment is simple and efficient, featuring a graphical user interface that requires no learning curve, significantly reducing the management and maintenance costs for enterprises. Moreover, the solution boasts robust security features, capable of handling backup needs for millions of files and offering various security strategies.

For companies of different sizes, TerraMaster provides tailored solutions. Companies with fewer than 50 employees can use Centralized Backup or TerraSync to back up PCs to TNAS, with Duple Backup replicating the data to local or remote TNAS. Companies with 50-100 employees can synchronize branch office data to the central server at headquarters using TerraSync and continuously back up the data to remote TNAS servers and the cloud using Duple Backup. Large enterprises with 100-200 employees can use Centralized Backup to back up PCs, servers, and virtual machines tothe TNAS central server, with backups to a remote TNAS server as well.

The upcoming release of the next-generation TOS 6 system, integrated with the BBS full-scenario backup solution, delivering an unprecedented upgrade experience. This operating system features a brand-new user interaction model, offering a complete transformation from the inside out! Moreover, TOS 6 enhances security protection mechanisms by introducing the SPC function, ensuring that users’ data is stored more securely and reliably. Notably, TOS 6 is fully compatible with the Ubuntu root file system, making it a more familiar and easier-to-maintain operating system for a broad range of users.

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2024 Internal Audit Priorities Survey https://ai-techpark.com/2024-internal-audit-priorities-survey/ Thu, 29 Aug 2024 15:30:00 +0000 https://ai-techpark.com/?p=178110 Jefferson Wells, a leading professional services firm specializing in Finance & Accounting, Internal Audit, Risk & Compliance, and Tax, and part of the ManpowerGroup (NYSE: MAN) family of brands, released the results of its eighth annual Internal Audit Priorities Survey. The survey reveals that while cybersecurity remains the top risk, the rise in...

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Jefferson Wells, a leading professional services firm specializing in Finance & Accounting, Internal Audit, Risk & Compliance, and Tax, and part of the ManpowerGroup (NYSE: MAN) family of brands, released the results of its eighth annual Internal Audit Priorities Survey. The survey reveals that while cybersecurity remains the top risk, the rise in the usage of Generative AI tools is escalating in risk priority for IA leaders and audit committees. Despite this, only 26% of organizations have fully integrated Generative AI standards into their governance framework, indicating a need for more comprehensive controls.

Business Transformation and IT Deployment risks necessitate more in-depth internal audit skillsets in cybersecurity, data analytics, IT audit, and Generative AI, which are the most challenging to train and retain. Consequently, 37% of organizations are planning to increase staff to meet the heightened demand for these technology skills – the first significant increase in internal audit departments planning to expand their teams since 2020.

“Technology and cybersecurity are more critical than ever as organizations navigate a rapidly evolving risk landscape,” said Tim Lietz, National Practice Leader for Risk & Compliance at Jefferson Wells. “Our survey highlights the urgent need for Internal Audit functions to adapt to advancements in AI and cybersecurity. To effectively address these challenges, Internal Audit departments must expand their capabilities and leverage external expertise for skill gaps.”  

Explore Jefferson Wells’ 2024 Internal Audit Priorities survey at: www.jeffersonwells.com/en/internal-audit-report-2024.

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Oligo Security Announces Mike O’Malley as Chief Marketing Officer https://ai-techpark.com/oligo-security-announces-mike-omalley-as-chief-marketing-officer/ Thu, 29 Aug 2024 14:30:00 +0000 https://ai-techpark.com/?p=178096 Proven Industry Veteran to Help Drive Next Stage of Company Growth As it continues to rapidly accelerate growth in the market, Oligo Security, the leading runtime application security and observability platform, today announced the appointment of Mike O’Malley as Chief Marketing Officer (CMO). O’Malley brings more than 2 decades of...

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Proven Industry Veteran to Help Drive Next Stage of Company Growth

As it continues to rapidly accelerate growth in the market, Oligo Security, the leading runtime application security and observability platform, today announced the appointment of Mike O’Malley as Chief Marketing Officer (CMO).

O’Malley brings more than 2 decades of experience in marketing, go-to-market, and community building to Oligo Security. He has a proven track record of successfully launching innovative new products in emerging markets, scaling global demand engines, and driving business strategy through multiple stages of substantial growth.

O’Malley most recently served as CMO of Noname Security, which was acquired by Akamai in June of 2024. He has also held leadership roles at CyberArk, 128 Technology (acquired by Juniper), EMC, Acme Packet, and VMware.

“Mike brings expertise and demonstrated success across the marketing and go-to-market disciplines, as well as a deep understanding of the cybersecurity market – all of which will be critical as we take Oligo through its next stages of accelerated growth,” said Nadav Czerninski, CEO and Co-Founder at Oligo Security. “Mike’s addition to the team is a critical one as we continue to redefine application security with Oligo’s novel approach to our application detection and response platform and deliver significant results to our customers.”

“I’m thrilled to be joining the team at Oligo, and help take a truly disruptive solution to market, as well as contribute to an already fantastic culture at the company,” said Mike O’Malley, Oligo CMO. “I truly believe this is going to be an industry-changing company, and one that customers will look to as a major driver of value for their cybersecurity teams.”

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Sumo Logic, AWS to Bring AI-driven Log Analytics to Dev, Sec & Ops Teams https://ai-techpark.com/sumo-logic-aws-to-bring-ai-driven-log-analytics-to-dev-sec-ops-teams/ Thu, 29 Aug 2024 14:00:00 +0000 https://ai-techpark.com/?p=178090 The collaboration will focus on fueling DevSecOps through cloud-native log analytics to accelerate insights into action across AWS environments Sumo Logic, a leading SaaS Log Analytics Platform, today announced that it has signed a Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS). The SCA will focus on continued innovation...

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The collaboration will focus on fueling DevSecOps through cloud-native log analytics to accelerate insights into action across AWS environments

Sumo Logic, a leading SaaS Log Analytics Platform, today announced that it has signed a Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS). The SCA will focus on continued innovation to accelerate cybersecurity, application observability and automation fueled by artificial intelligence (AI) through Sumo Logic’s partner-first go-to-market motion. Specifically, service enhancements such as Sumo Logic’s SaaS Log Analytics Platform with Amazon Bedrock and Amazon Security Lake will drive industry-leading innovation in cloud security and observability, providing powerful visibility and transparency across all AWS environments.

“Since our founding, Sumo Logic made a strategic bet to go all in with AWS. We’re built on AWS and have been a design partner in a multitude of solutions and go-to-market initiatives over the years to unify cloud insights and ignite action through the power of log analytics,” said Timm Hoyt, SVP of Worldwide Partners and Alliances. “We are delighted about this SCA as we head into a second decade of bringing together the best technologies to help customers build and secure their business across AWS and in the cloud.”

Sumo Logic unifies and analyzes enterprise data, translating it into actionable insights through one AI-powered cloud-native log analytics platform. This single source of truth enables Dev, Sec and Ops teams to simplify complexity, collaborate efficiently and accelerate data-driven decisions that drive business value. Customers around the world rely on the Sumo Logic SaaS Log Analytics Platform to ensure application reliability, security, and protection against modern security threats, as well as gain insights into their cloud infrastructures.

“The SCA with Sumo Logic strengthens our shared vision and commitment to giving our joint customers real-time visibility across their AWS workloads with AI-powered log analytics that break down the silos across security, developers and IT operations,” said Alan Braun, Managing Director, Technology Partnerships and AWS Marketplace at AWS. “We are pleased to collaborate with Sumo Logic to help make the digital world faster, reliable and more secure by unifying insights to ignite action.”

“This strategic collaboration underscores Sumo Logic’s Partner First approach and investment in advancements that give clients the ability to harness the full potential of AI-driven analytics in cloud security and application observability,” said Quentin Rhoads-Herrera, Managing Director of Cybersecurity Managed Services & Platforms for Stratascale. “This collaboration amplifies Stratascale’s ability to deliver unparalleled insights and automation, ensuring that our clients can confidently navigate the complexities of modern IT landscapes. By integrating Sumo Logic’s advanced log analytics with AWS’s robust infrastructure, we are poised to provide next-generation solutions that not only enhance operational efficiency but fortify cybersecurity postures, driving transformative business outcomes.”

“We have been a long-time partner of Sumo Logic, working together to deliver world-class Cloud SIEM technology to help our customers speed up incident investigations by automatically triaging alerts and correlating threats through log analytics,” said Craig Stamm, CEO of Zyston. “It’s fantastic to see Sumo Logic continue to deepen its strategic collaboration with AWS as it helps strengthen the collective ecosystem of partnerships we have with leading cybersecurity organizations that enable Zyston to engage with their clients to build, manage and mature their cybersecurity programs.”

Sumo Logic and AWS power joint customers

As a leading electronic data interchange (EDI) provider that helps power retail supply chains worldwide, SPS Commerce has an expansive infrastructure to serve more than 120,000 customers. It consists of on-premises systems, cloud footprints in AWS and a wide range of custom applications and toolsets. From switches and routers to AWS logs, all the telemetry comes together in Sumo Logic to triage alerts and correlate threats across the company’s infrastructure.

“As the world’s leading retail supply chain network, it’s really important that we consistently deliver highly available, high-performance services to our customers. Delivering industry-leading innovative services demands that our technology teams deploy frequently and also react quickly and confidently to performance or security anomalies,” said Andy Domeier, Senior Director of Technology for SPS Commerce. “We couldn’t do this without the collaboration between Sumo Logic, AWS and our teams here at SPS Commerce. They are critical in helping us investigate really complex problems, leveraging log analytics as a common language across our AWS cloud footprint to help improve collaboration, enabling us to deliver on our promises to our customers.”

This collaboration underscores the value of Sumo Logic and AWS in providing flexibility and unlocking greater business value for customers across industries. For more information, please visit https://www.sumologic.com/resources/amazon-web-services/.

Sumo Logic Secures New AWS Competencies

Additionally, Sumo Logic announced today that it has achieved the AWS Cloud Operations Competency in the Retail, Education and Government categories as an AWS Partner who has demonstrated AWS technical expertise and proven customer success, delivering real-time log analytics across these verticals. Sumo Logic now has nine AWS Competencies, including AWS Retail ISV, AWS Government Competency, AWS Education ISV Competency, AWS Cloud Operations Software Competency, AWS Data & Analytics ISV Competency, AWS DevOps ISV Competency, AWS Built-in Competency, AWS Small and Medium Business Software Competency, AWS Containers ISV Competency and AWS Security ISV Competency. Sumo Logic is also an AWS Lambda Partner, Amazon Linux Ready Partner and AWS Graviton Partner.

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FANUC’s Innovative Solutions at IMTS 2024 https://ai-techpark.com/fanucs-innovative-solutions-at-imts-2024/ Thu, 29 Aug 2024 09:13:59 +0000 https://ai-techpark.com/?p=178029 New Robots, Cobots, Materials Joining and Controller Technologies to Debut Sept. 9-14 FANUC, a global industrial automation leader, is set to unveil its latest lineup of robots, cobots, factory automation offerings and machining solutions, while introducing two new controller technologies at the International Manufacturing Technology Show (IMTS) 2024 in Chicago....

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New Robots, Cobots, Materials Joining and Controller Technologies to Debut Sept. 9-14

FANUC, a global industrial automation leader, is set to unveil its latest lineup of robots, cobots, factory automation offerings and machining solutions, while introducing two new controller technologies at the International Manufacturing Technology Show (IMTS) 2024 in Chicago.

“Whether you’re a small shop or a high-volume producer, we have the automated manufacturing solutions to help you grow and sustain your business into the future,” says Mike Cicco, CEO, FANUC America. “At IMTS 2024, we’re excited to showcase two new controllers powering that evolution—the R-50iA Robot Controller and 500i-A CNC—both offering powerful performance, optimized efficiency and more security than ever before.”

Showcasing the company’s cutting-edge automation solutions, the FANUC America booth will include a wide range of collaborative robots, allowing manufacturers reimagined flexibility in shared workspaces. From collaborative machine tending and heavy payload handling robots, to arc and friction stir welding demonstrations, brand-new demonstrations will also be available—including several powered by the all-new R-50iA Controller—designed to maximize performance and ease of use while offering enhanced cyber security.

FANUC America will also introduce North American audiences to the FANUC Series 500i-A CNC. This new control series advances machining performance with its 5-axis integrated technology and faster processing speeds. The control’s new features are designed to support both machine tool builders and CNC users with their evolving needs for easier operations, more security and optimized efficiency.

On display in Booth #338919, IMTS attendees can view the following new technologies in action:

  • Collaborative Robot Zone
    With an extensive line up of industrial collaborative robots that are helping to solve once-complicated issues inside plants and warehouses, FANUC America’s technologies are safe, flexible, quick to implement and easy to program. A diverse range of CRX cobots—offering payloads up to 50kg and reach up to 1,889mm—will be on display, including the world’s first explosion-proof paint cobot: the new CRX-10iA/L Paint. Hands-on demonstrations will allow attendees to experience the CRX-10iA/L Paint cobot’s smooth and easy path generation, and ease of setup, programming and use, even with little to no robotic experience in the painting, powder and/or gel coating with fiberglass reinforcement industries.
  • Innovations in Materials Joining
    Debuting at IMTS, the new M-950iA/500 heavyweight robot features a wider range of motion, offering an impressive 500 kg payload capacity and 2,830 mm reach, showcased in a new friction stir welding demonstration featuring StirRob Friction Stir Welding Head by FPT Industrie.

    Also being shown for the first time in the U.S., the new M800/60-20B with High-Speed Laser Cutting, FANUC’s next-gen, high-accuracy industrial robot connected to a TRUFiber 4001 P and Lasermech FiberCUT STa to showcase high speed laser cutting. Cut holes are generated with Shape Gen software for easy single point teaching. Innovative welding applications, including arc and spot welding, will also be on display.
  • New Controllers Deliver Powerful Performance
    Offering enhanced performance, optimized efficiency and more security, FANUC America debuts two new controllers in North America—the R-50iA robot controller and the 500i-A CNC advancing machine performance. Built on 50 years of automation expertise, both systems offer industry-leading ease of use and energy savings.

    The world’s* first robot controller to offer cyber security, the R-50iA is an intelligent and compact solution delivering higher precision for exceptional robot path control, built-in vision enhancements and third-party certification for international cyber security: IEC62443-4-1 and 4-2, offering multiple layers of defense to secure data exchange. The new R-50iA controller is available in three sizes including the R-50iA Mate, R-50iA A-Cabinet, and the R-50iA B-Cabinet. Additionally, the FANUC Series 500i-A CNC advances machine performance with 5-axis integrated technology and supports both machine tool builders and CNC users through easier operations, energy savings, and increased processing power. This higher performance helps deliver lower cycle times with faster speeds and improved productivity.
  • High-Performing Machining Solutions
    FANUC’s Factory Automation demonstrations will show how our new CNC products are taking the machining world to the next level. Showcasing the new FANUC Series 500i-A CNC, FANUC’s “Ghost Machine” demo will display the cutting simulation of the FANUC Hero, a figure comprised of all FANUC products – CNCs, robots and ROBODRILLs. Each side will show a different POV simulation of the cutting. FANUC’s Smart Digital Twin will also be on display, demonstrating how our software is used to digitize and innovate the machining process.
  • Vertical Machining Centers
    FANUC will unveil the latest addition to FANUC’s ROBODRILL vertical machining center (VMC) lineup, the new α-D28LiB5ADV Plus Y500. A series of demos will show how this new VMC offers more advantages to any production machine shop by featuring a larger table, shorter drilling and tapping cycles as well as an increased tool storage capacity coupled with faster tool changes.
  • Connected Technologies
    FANUC’s IoT offerings, ZDT and MT-Linki, allow both robotics and machine tool users the ability to use advanced analytics to drive smarter, faster business decisions for industrial companies. We’ll be showing how these products connect all the FANUC equipment and the insights they provide in our own booth.

As a part of its commitment to transform the world through automation, FANUC recently announced the establishment of the $1 million FANUC Automation Endowed Scholarship Fund in collaboration with the SME Education Foundation. As the largest automation scholarship in SME Education Foundation history, this initiative will foster the next generation of skilled professionals in advanced manufacturing and automation.

“We’re excited to return to the IMTS Smartforce Student Summit this year and continue our work to advance the education of future automation technicians and engineers,” says Paul Aiello, Director of Education for FANUC America. “Our industry is facing critical labor challenges, but by helping to fund automation training and certification for students, we’re creating a win-win scenario for today’s students and employers.”

Learn more about FANUC at IMTS 2024.

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F5 Collaborates with Intel to Simplify AI Services Security & Delivery https://ai-techpark.com/f5-collaborates-with-intel-to-simplify-ai-services-security-delivery/ Thu, 29 Aug 2024 09:11:21 +0000 https://ai-techpark.com/?p=178026 Enhancing the protection and performance of enterprise AI inference solutions with F5 NGINX Plus, Intel OpenVINO, and Intel IPUs F5 (NASDAQ: FFIV) today announced it is bringing robust application security and delivery capabilities to AI deployments powered by Intel. This new joint solution combines industry-leading security and traffic management from F5’s...

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Enhancing the protection and performance of enterprise AI inference solutions with F5 NGINX Plus, Intel OpenVINO, and Intel IPUs

F5 (NASDAQ: FFIV) today announced it is bringing robust application security and delivery capabilities to AI deployments powered by Intel. This new joint solution combines industry-leading security and traffic management from F5’s NGINX Plus offering with the cutting-edge optimization and performance of the Intel Distribution of OpenVINO toolkit and Infrastructure Processing Units (IPUs) to deliver superior protection, scalability, and performance for advanced AI inference.

As organizations increasingly adopt AI to power intelligent applications and workflows, efficient and secure AI inference becomes critical. This need is addressed by combining the OpenVINO toolkit—which optimizes and accelerates AI model inference—with F5 NGINX Plus, providing robust traffic management and security.

The OpenVINO toolkit simplifies the optimization of models from almost any framework to enable a write-once, deploy-anywhere approach. This toolkit is essential for developers aiming to create scalable and efficient AI solutions with minimal code changes.

F5 NGINX Plus enhances the security and reliability of these AI models. Acting as a reverse proxy, NGINX Plus manages traffic, ensures high availability, and provides active health checks. It also facilitates SSL termination and mTLS encryption, safeguarding communications between applications and AI models without compromising performance.

To further boost performance, Intel IPUs offload infrastructure services from the host CPU, freeing up resources for AI model servers. The IPUs efficiently manage infrastructure tasks, opening up resources to enhance the scalability and performance of both NGINX Plus and OpenVINO™ Model Servers (OVMS).

This integrated solution is particularly beneficial for edge applications, such as video analytics and IoT, where low latency and high performance are crucial. By running NGINX Plus on the Intel IPU, the solution helps ensure rapid and reliable responses, making it ideal for content delivery networks and distributed microservices deployments.

“Teaming up with Intel empowers us to push the boundaries of AI deployment. This collaboration highlights our commitment to driving innovation and delivers a secure, reliable, and scalable AI inference solution that will enable enterprises to securely deliver AI services at speed. Our combined solution ensures that organizations can harness the power of AI with superior performance and security,” said Kunal Anand, Chief Technology Officer at F5.

“Leveraging the cutting-edge infrastructure acceleration of Intel IPUs and the OpenVINO toolkit alongside F5 NGINX Plus can help enable enterprises to realize innovative AI inference solutions with improved simplicity, security, and performance at scale for multiple vertical markets and workloads,” said Pere Monclus, Chief Technology Officer, Network and Edge Group of Intel.

The solution is now available. For more information, visit f5.com/intel. In addition, a companion blog from F5 CTO Kunal Anand provides further insight on this offering.

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Genians to Lead $3M Cybersecurity Project in Middle Eastern Market https://ai-techpark.com/genians-to-lead-3m-cybersecurity-project-in-middle-eastern-market/ Thu, 29 Aug 2024 08:57:28 +0000 https://ai-techpark.com/?p=178002 Genians, a pioneer in NAC-driven Zero Trust Network Access (ZTNA) solutions, proudly announces its selection as the lead institution for the ‘Joint Research and Development for Advanced Cybersecurity Technologies’ project, supported by South Korea’s Ministry of Science and ICT. This 3 million USD project, running from July 2024 to December 2026, aims to...

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Genians, a pioneer in NAC-driven Zero Trust Network Access (ZTNA) solutions, proudly announces its selection as the lead institution for the ‘Joint Research and Development for Advanced Cybersecurity Technologies’ project, supported by South Korea’s Ministry of Science and ICT.

This 3 million USD project, running from July 2024 to December 2026, aims to drive the global expansion of South Korea’s leading cybersecurity companies. Genians, renowned for its expertise in NAC, ZTNA, and EDR, will spearhead the project by forming a consortium with SecuLayer (specializing in SIEM and SOAR), Tatum Security (experts in Cloud-native Application Protection Platform (CNAPP)), and Kangwon National University (noted for AI, Big Data, and Cybersecurity Compliance & Regulation research). Additionally, UAE-based cybersecurity firm RAS Infotech will collaborate on the project, with large government, healthcare, and financial institutions in the UAE, Saudi Arabia, and other Gulf countries.

The collaborative effort aims to develop a robust cybersecurity mesh and managed cybersecurity system tailored to the Middle Eastern market. Key objectives include leveraging NAC, ZTNA, and EDR solutions to establish a scalable and composable cybersecurity mesh. Initially, the integration will focus on SIEM, SOAR, and CNAPP, along with intelligence platforms that correlate devices, users, and applications, with threat data.

As the Gulf Cooperation Council (GCC) cybersecurity industry continues to expand – with Frost & Sullivan projecting its value to triple by 2030 to reach 13.4 billion USD – countries like the UAE and Saudi Arabia are investing heavily in digital transformation to reduce their dependence on oil exports.

“The comprehensive economic partnership agreement (CEPA) between the UAE and South Korea has unlocked numerous business opportunities across various sectors. Additionally, Saudi Arabia’s $1.5 trillion NEOM project is poised to generate significant demand for next-gen cybersecurity solutions. This collaborative project will be a crucial part of that success,” said Genians CEO, Dong-Bum Lee.

“With over 3,000 customers across 28 countries and more than 40 customers in the Middle East, we are confident in leading this national project to solidify our position in the GCC countries. This marks a new milestone in addressing global cybersecurity challenges, and the success of this project will be replicated in other regions,” said Genians CTO, Kye-Yeon Kim.

RAS Infotech CEO, Akram Khazi, added, “This project’s tailored cybersecurity solutions will be a game changer in the Middle East and will position us as a leading global cybersecurity provider.”

This initiative is set to significantly enhance cybersecurity capabilities in the Middle East, paving the way for Genians and its partners to lead in the global market.

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Liminal Names Experian a Leader in Account Takeover Prevention https://ai-techpark.com/liminal-names-experian-a-leader-in-account-takeover-prevention/ Wed, 28 Aug 2024 18:00:00 +0000 https://ai-techpark.com/?p=177968 Experian has been recognized as a Leader by Liminal, a leading market and competitive intelligence company, in its 2024 Link Index for Account Takeover (ATO) Prevention in Banking. The report provides a detailed analysis of the ATO prevention market and identifies the top companies and emerging players at the forefront of innovation...

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Experian has been recognized as a Leader by Liminal, a leading market and competitive intelligence company, in its 2024 Link Index for Account Takeover (ATO) Prevention in Banking. The report provides a detailed analysis of the ATO prevention market and identifies the top companies and emerging players at the forefront of innovation in authentication, fraud prevention, and identity.

The report cited Experian’s strategic approach, market presence, and CrossCore® capabilities with especially high ratings. It commented, “The company’s comprehensive fraud detection and identity management solutions, including the CrossCore orchestration faculty, are trusted by businesses worldwide to protect against a wide range of fraud types – 97% of surveyed financial service practitioners were familiar with the Experian brand.”

“We help our bank clients protect their customers and assets against the ever-increasing sophistication of AI-supported fraud attacks where traditional security measures can no longer keep up as well as our clients would like them to,” said Alex Lintner, Chief Executive Officer, Experian Software Solutions. “The dramatic rise in digital accounts over the past few years has created enormous financial risk for banks and consumers. In response, we are constantly innovating ‘protective AI’ technology to offer the industry’s most effective identity verification and fraud prevention solutions — and we’re pleased our efforts have been acknowledged by Liminal.”

Experian also ranked highly in both the Strategy and Product Execution categories. “Our diverse range of services provides a valuable asset for banks faced with the three-pronged challenge of trying to simultaneously solve for authentication, identity and fraud prevention,” added Lintner. “Our solutions provide excellent protection against phishing and social engineering through advanced behavioral biometrics and analytics as well as Bot detection capabilities.”

The report highlighted the value and features of Experian CrossCore, which combines risk‑based authentication, identity proofing and fraud detection into a single, state-of-the-art cloud platform. Regarding CrossCore, the report stated that it provides “a fully featured toolkit that leverages a wide range of capabilities for highly accurate and scalable ATO prevention” and is “one of the most comprehensive product capability suites among the vendors we profiled.”

“We’re pleased to recognize Experian for its strong leadership position in authentication, fraud prevention and identity protection,” said Travis Jarae, CEO at Liminal. “Account takeover poses a major risk in the banking sector, where unauthorized access through phishing, malware or stolen credentials leads to misuse of accounts for theft and other malicious activities — resulting in significant financial losses and the undermining of customer trust.”

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SlashNext Announces Executive Protection Service https://ai-techpark.com/slashnext-announces-executive-protection-service/ Wed, 28 Aug 2024 17:30:00 +0000 https://ai-techpark.com/?p=177961 New turnkey service delivers AI security and communications protection for company executives, Section 16 officers and other employees at high risk of attacks SlashNext, the leader in next-gen AI cloud email and communications security, today announced the launch of its Executive Protection Service. This comprehensive solution offers 360-degree workspace protection...

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New turnkey service delivers AI security and communications protection for company executives, Section 16 officers and other employees at high risk of attacks

SlashNext, the leader in next-gen AI cloud email and communications security, today announced the launch of its Executive Protection Service. This comprehensive solution offers 360-degree workspace protection across email, mobile/SMS, and web communication apps for highly targceted employees. Designed to safeguard organizations’ most critical members, the AI-native protection service blocks advanced phishing, social engineering, ransomware, fraud, and reputation scams in business and personal communication apps. Ideal for CXOs, executive officers, and other high-value targets, this offering delivers complete protection in minutes while providing 24/7/365 concierge help desk and SOC-as-a-service.

“AI-generated phishing and social engineering attacks targeting executives and high value employees has grown exponentially since the release of ChatGPT,” said Patrick Harr, CEO of SlashNext. “Our Executive Protection Service fights AI with AI and ensures organizations of any size can protect their most targeted individuals against advanced phishing, social engineering and cybercrime threats responsible for the vast majority of successful ransomware, financial fraud and data breaches.”

SlashNext’s Executive Protection Service offers unparalleled security for designated employees, including Board Directors, Executive Officers (e.g., Section 16 Officers defined in The Securities Exchange Act of 1934), Accounts Payable, HR, and other business leaders. The service provides complete protection against sophisticated attacks in:

  • Email: Blocks executive impersonation attempts, account takeovers, supply chain attacks, business email compromise (BEC), and targeted spear-phishing campaigns designed to steal credentials and personal information or induce fraudulent wire transfers.
  • Mobile Apps: Secures against SMS phishing (smishing) and mobile web phishing threats in text, WhatsApp, LinkedIn Messenger, Telegram, Outlook and more that highly-targeted individuals may encounter no matter their location. This service eliminates the risk of Executive Impersonation, Credential Phishing, Malware Exploits, Investment/Bitcoin/Financial Fraud, and more.
  • Web-based Communication Apps: Blocks sophisticated phishing in browsers and collaboration platforms such as Teams, Slack, Zoom, SharePoint and others. Protects against emerging threats like Midnight Blizzard attacks and novel vectors targeting high-value individuals.

The Executive Protection Service integrates directly into corporate and personal email, messaging and communication apps used by executives and high value targets and is backed by a 100% guaranteed privacy policy ensuring that communication is strictly secure and private.

“With the launch of its Executive Protection Service, SlashNext is addressing a critical need in the cybersecurity landscape,” said Ken Buckler, Research Director, Security and Risk Management, at Enterprise Management Associates (EMA). “High-value employees are prime targets for cybercriminals, and this innovative solution offers them robust, multi-channel protection. Integrating email, mobile, and browser security as a service that is both simple and fast to deploy keeps organizations and their most valuable assets safe.”

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