Blue Cross Launches Hong Kong First “Solar Energy Generation System Extension” in Home Insurance and GoHealthy Wellness Platform Committing to Sustainable Development

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HONG KONG SAR – Media OutReach – 31 May 2022 – Blue Cross (Asia-Pacific) Insurance Limited (“Blue Cross”) values the importance of sustainable development of the company and announces the launch of the Hong Kong first “Solar Generation System Extension” applicable to home insurance and a new GoHealthy wellness platform, which offers nutrient analysis and health missions, helping the general public to build environmental awareness, and a healthy and sustainable lifestyle.

Solar Energy Generation System Extension – Encourage the Use of Renewable Energy

Electricity generation is currently the largest source of carbon emissions, accounting for 66%* of the total emissions. To encourage the use of renewable energy and reduce carbon emissions, Blue Cross specially offers Solar Energy Generation System Extension to customers for their new or renewed HomeSafe Protection policies. This extended benefit covers legal liability against accidental death or bodily injury to a third party, or accidental loss of or damage to third party’s property (including house, semi-detached house or village house), arising out of the use of a solar energy generation system installed in the insured premises. The maximum benefit is HK$5,000,000 per accident or per period of insurance.

GoHealthy Platform – Live a Healthy Lifestyle

In order to help customers establish a healthy lifestyle, the new GoHealthy platform attached to Blue Cross HK App unveils an innovative function “Eat Healthy” in the first phase. With the use of artificial intelligence, it analyses the nutrient content of every meal, such as calories, fat, protein, sugar and intake, and provides personalised healthy eating tips. In the meantime, upon completion of health missions, customers can earn SmartPoints for gift redemption.

More content and functions will be made available on GoHealthy platform soon, including health information such as wellness and health care articles, and seasonal herbal soup, etc. In the next phase, “Ask Nutritionist” message box will be set up that a team of licensed nutritionists will answer customers’ enquiries and give professional advice on healthy diet, helping them to build healthy eating habits.

Mr. Patrick Wan, Managing Director of Blue Cross, said, “Blue Cross is committed to the sustainable development of the company. We have taken steps to integrate environmental, social and governance (ESG) factors into our products and services, operations and the community. In the past few years, we have been actively optimising our business and promoting digitalisation in operations with the aim to reduce our impact on the environment on the one hand; improve operational efficiency and risk management capabilities on the other hand. Besides, we use digital tools to bring customers a digitalised experience which is truly paperless and cashless. Our one-stop digital medical insurance services that encompass online application, efficient and secure blockchain-enabled claims services, GPS location-based network doctor/clinic search, making doctor appointment online, or video consultation, optimise service experience and reinforce customer’s trust in our products and services. The newly launched Solar Energy Generation System Extension and GoHealthy wellness platform can reflect how Blue Cross further instil environmental and wellness elements into our products and services, and build a healthy, sustainable and smart living with customers together.”

* Source: Hong Kong’s Climate Action Plan 2050.

Spackman Media Group Artist Son Suk-ku Set to Star in Netflix Original K-Drama, D.P. Season 2

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  • Spackman Media Group artist Son Suk-ku confirmed to star in the highly anticipated Netflix original K-drama D.P. Season 2
  • Other than Son Suk-ku, D.P. Season 2 also features Jung Hae-in, Koo Gwan-hwa, Kim Seong-gyun, Ji Jin-hee, and Kim Ji-hyun
  • On the strength of the release of his film THE ROUNDUP and drama MY LIBERATION NOTES, Son Suk-ku topped the most popular actor in Korea for five weeks straight as of May 30

SINGAPORE – Media OutReach – 31 May 2022 – Spackman Entertainment Group Limited (the “Group“), one of Korea’s leading entertainment production groups founded in 2011 by media & technology investor Charles Spackman, wishes to announce that Son Suk-ku of the Group’s associated company, Spackman Media Group Limited (“Spackman Media Group“) is set to star in the highly anticipated Netflix original K-drama D.P. Season 2, following his role in the top film, THE ROUNDUP, and the most popular K-drama, MY LIBERATION NOTES in Korea.

Alongside Son Suk-ku, D.P. Season 2 brings back main cast members Jung Hae-in, Koo Gwan-hwa, Kim Seong-gyun, while adding newcomers Ji Jin-hee, and Kim Ji-hyun. Based on the webtoon D.P DOG DAY by Kim Bo-tong, D.P. tells the story of a team of Korean military police with their mission to catch deserters. The series is directed by Han Jun-hee and co-written by Kim Bo-tong.

On the strength of the release of his film THE ROUNDUP and drama MY LIBERATION NOTES, Good Data TV Popularity Research has ranked Son Suk-ku as the most popular actor in Korea for five weeks straight as of May 30 and has rated his latest K-drama MY LIBERATION NOTES #1 in the TV drama category in Korea for four consecutive weeks.

Son Suk-ku’s latest film, THE ROUNDUP, a sequel to the 2017 hit THE OUTLAWS, maintained its top position at the Korea box office for the second consecutive week and achieved the most tickets sold on the second weekend since PARASITE (2019). The film was pre-sold to 132 countries around the world, including Singapore, China, Thailand, Vietnam, Indonesia and France, as well as the regions of North America and Eastern Europe.

Son Suk-ku of Spackman Media Group is also set to headline in upcoming Netflix original K-drama, MURDEROUS TOY, which also stars Choi Woo Shik of the film PARASITE (2019). Produced by Showbox, MURDEROUS TOY, a comedy thriller drama based on the popular webtoon series of the same name, is scheduled to begin in the second half of this year.

Son Suk-ku is represented by SBD Entertainment Inc. (“SBD Entertainment“), a wholly-owned subsidiary of Spackman Media Group, that represents and manages the careers of 12 artists. In addition to Son Suk-ku, SBD Entertainment also represents one of Korea’s rapidly rising young actors, Han Ji-hyun of popular K-drama THE PENTHOUSE 3, who won the Best Rookie Female Actor in the 2021 Brand Customer Loyalty Awards in Korea and endorsed luxury brand Gucci in April 2021.

About Spackman Entertainment Group Limited

Spackman Entertainment Group Limited (“SEGL” or the “Company“), and together with its subsidiaries, (the “Group“), is one of Korea’s leading entertainment production groups. SEGL is primarily engaged in the independent development, production, presentation, and financing of theatrical motion pictures in Korea.

The Company was founded in 2011 by renowned media and technology investor Charles Spackman who served as the Company’s Executive Chairman until 2017. For the past two decades, Mr. Charles Spackman has been a powerhouse in the Korean entertainment industry starting in the early 2000’s with the pioneering success of Sidus Pictures, the largest movie production company at the time and the first to be listed in Korea. Mr. Spackman is also the Founder, Chairman and Chief Executive Officer of the global investment firm, Spackman Group. For more information, please visit and .

Since its founding, SEGL had produced more than 30 major motion pictures including a number of the highest grossing and award-winning films in Korea, namely #ALIVE (2020), CRAZY ROMANCE (2019), DEFAULT (2018), MASTER (2016), THE PRIESTS (2015), SNOWPIERCER (2013), COLD EYES (2013) and ALL ABOUT MY WIFE (2012).

Our films are theatrically distributed and released in Korea and overseas markets, as well as for subsequent post-theatrical worldwide release in other forms of media, including online streaming, cable TV, broadcast TV, IPTV, video-on-demand, and home video/DVD, etc. Generally, we release our motion pictures into wide-theatrical exhibition initially in Korea, and then in overseas and ancillary markets.

The Group also invests into and produces Korean television dramas. In addition to our content business, we also own equity stakes in entertainment-related companies and film funds that can financially and strategically complement our existing core operations. SEGL is listed on the Catalist of the Singapore Exchange Securities Trading Limited under the ticker 40E.

Production Labels

SEGL owns Novus Mediacorp Co., Ltd. (“Novus Mediacorp“), an investor, presenter, and/or post-theatrical distributor for a total of 79 films (58 Korean and 21 foreign) including ROSE OF BETRAYAL, THE OUTLAWS and SECRETLY, GREATLY, which was one of the biggest box office hits of 2013 starring Kim Soo-hyun of MY LOVE FROM THE STARS, as well as FRIEND 2: THE GREAT LEGACY. In 2012, Novus Mediacorp was also the post-theatrical rights distributor of ALL ABOUT MY WIFE, a top-grossing romantic comedy produced by Zip Cinema. In 2018, THE OUTLAWS, co-presented by Novus Mediacorp broke the all-time highest Video On Demand (“VOD“) sales records in Korea. For more information, please visit

The Company owns a 100% equity interest in Simplex Films Limited (“Simplex Films“) which is an early stage film production firm. The maiden film of Simplex Films, JESTERS: THE GAME CHANGERS (2019), was released in Korea on 21 August 2019. Simplex Films has several line-up of films including HURRICANE BROTHERS (working title).

The Company owns a 100% equity interest in Take Pictures Pte. Ltd. (“Take Pictures“) which produced STONE SKIPPING (2020) and THE BOX (2021), and shall release THE GUEST in the second half of 2022 and A MAN OF REASON, with the previous working title GUARDIAN in 2022 tentatively.

The Company owns a 100% equity interest in Greenlight Content Limited (“Greenlight Content“) which is mainly involved in the business of investing into dramas and movies, as well as providing consulting services for the production of Korean content. Through the acquisition of Greenlight Content, the Group’s first co-produced drama, MY SECRET TERRIUS, starring top Korean star, So Ji Sub, achieved #1 in drama viewership ratings for its time slot and recorded double digits for its highest viewership ratings. Greenlight Content was one of the main investors of MY SECRET TERRIUS.

The Company owns a 20% equity interest in The Makers Studio Co. Ltd., which plans to produce and release four upcoming films, the first of which will be THE ISLAND OF THE GHOST’S WAIL, a comedy horror film.

Talent Representation

The Company holds an effective shareholding interest of 43.88% in Spackman Media Group Limited (“SMGL“). SMGL, a company incorporated in Hong Kong, together with its subsidiaries, is collectively one of the largest entertainment talent agencies in Korea in terms of the number of artists under management, including some of the top names in the Korean entertainment industry. SMGL operates its talent management business through renowned agencies such as MSteam Entertainment Co., Ltd. (Son Ye-jin, Wi Ha-jun, Lee Min-jung, Ko Sung-hee), SBD Entertainment Inc. (Son Suk-ku, Han Ji-hyun, Lee Cho-hee, Park Keun-rok), UAA&CO Inc. (Kim Sang-kyung, Kim Hye-ri, Kim Ji-young, Wang Ji-won), Play Content Co., Ltd. (Kang Min-ji, Hwang-hwi) and Kook Entertainment Co., Ltd. (Baek Si-won, Shin Ji-woong). Through these full-service talent agencies in Korea, SMGL represents and guides the professional careers of a leading roster of award-winning actors/actresses in the practice areas of motion pictures, television, commercial endorsements, and branded entertainment. SMGL leverages its unparalleled portfolio of artists as a platform to develop, produce, finance and own the highest quality of entertainment content projects, including theatrical motion pictures, variety shows and TV dramas. This platform also creates and derives opportunities for SMGL to make strategic investments in development stage businesses that can collaborate with SMGL artists. SMGL is an associated company of the Company. For more information, please visit

The Company owns a 100% equity interest in Constellation Agency Pte. Ltd. (“Constellation Agency“). Constellation Agency, which owns The P Factory Co., Ltd. (“The P Factory“) and Platform Media Group Co., Ltd. (“PMG“), is primarily involved in the business of overseas agency for Korean artists venturing into the overseas market. The P Factory is an innovative marketing solutions provider specializing in event and branded content production. PMG is a talent management agency which represents and manages the careers of major artists in film, television, commercial endorsements and branded entertainment.

Strategic Businesses

The Company also operates a café-restaurant, Upper West, in the Gangnam district of Seoul and own a professional photography studio, noon pictures Co., Ltd.

For more details, please visit

#SpackmanEntertainmentGroup

PolyU develops advanced vision sensors that emulate human visual adaptability

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HONG KONG SAR – Media OutReach – 31 May 2022 – Future autonomous vehicles and industrial cameras might have human-like vision, thanks to a recent advance by scientists from Hong Kong and South Korea. Researchers at The Hong Kong Polytechnic University (PolyU) and Yonsei University in Seoul have developed vision sensors that emulate and even surpass the human retina’s ability to adapt to various lighting levels.

AfDB reports strong financial health, despite Covid-19 crisis

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AfDB reports strong financial health, despite Covid-19 crisis

The African Development Bank Group  is progressing with financial reforms that have helped it become stronger, more resilient, and better equipped in the wake of the Covid-19 crisis, the institution’s Senior Vice President Bajabulile Swazi Tshabalala said on Thursday.

Addressing the Bank Group’s shareholders, Executive Directors, and partner agencies at the organization’s 2022 Annual Meetings in Accra, Tshabalala said the institution strengthened its long-term financial sustainability framework over the last three years, ensuring that it built more resilience against future shocks.

“We updated our financial and risk policy; we undertook a review of our cost structure and are currently developing the Bank’s new cost containment framework to optimize the resources available for fulfilling our mandate,” Tshabalala told the audience, which included the Bank Group’s President, Dr. Akinwumi Adesina, and senior management.

The Senior Vice President said the Bank has also updated its strategies and policies to enhance private sector development in low-income and transition states on climate change and green growth, governance, and debt management.

Thursday’s presentation featured a Davos-style panel of the Bank Group’s vice presidents, who provided insight into the institution’s performance in meeting its financial and development mandates. Simon Mizrahi, Director of the Development Impact and Results Department, moderated the session.

Commenting on the Bank’s financial health, Hassatou N’sele, Acting Vice President for Finance and Chief Financial Officer, said the Bank Group achieved “very strong” financial results for 2021, achieving the third-highest amount of distributable income in the last 10 years.

She said the Bank generated a cumulative profit of $2.5 billion over the last 10 years, close to the $3.6 billion paid by shareholders for the 6th General Capital Increase in 2010. “More than half of this benefit has been allocated to development on the continent. We are balancing development — development effectiveness — with the financial sustainability of the institution.”

Eighty percent of the Bank’s business is sovereign lending, which is charged at zero profit margin, N’sele said. The Bank’s financial performance is anchored on loans to the private sector and the performance of its treasury portfolios.

Other panelists were Kevin Kariuki, Vice President for Power, Energy, Climate & Green Growth; Yacine Fal, Acting Vice President, Regional Development, Integration, and Business Delivery; Beth Dunford, Vice President for Agriculture, Human and Social Development; and Solomon Quaynor, Vice President for Private Sector, Infrastructure and Industrialization.

They took turns to shed light on their sectors’ responses to the pandemic and plans to mitigate the harsh impact of the Russia-Ukraine war. Overall, they were upbeat about the organization’s performance and its outlook.

Dunford highlighted the essence of the Bank’s $1.5 billion Africa Emergency Food Production Facility  as a bold response by the Bank to revolutionize food production within a short period and mitigate a looming food crisis due to the Russia-Ukraine war.

“This crisis is different because we are better prepared to meet the challenge. It is also because we’ve been investing in agriculture. In particular, we’ve invested in new technologies that help farmers increase their productivity, even in climate change,” she said.

Kariuki said since the 26th UN Climate Change Conference of the Parties (COP 26) in Glasgow last November, the Bank has mobilized over $1 billion for its Desert to Power initiative. By COP 27 in November this year, the Bank also expects to establish an innovative mechanism to mobilize more than $40 billion for South Africa’s just energy transition, with minimal impact on the country’s fiscals.

The Bank Group unveiled its financial results in Accra, on the sidelines of its Annual Meetings. At the same event, it also launched its 2022 Annual Development Effectiveness Review. The report, which analyses the Bank’s role in Africa’s development, found that the Bank Group was pivotal in delivering timely investments that are helping millions of Africans overcome the unprecedented challenges caused by the Covid-19 pandemic.

The African Development Bank is the only Africa-based multilateral finance institution with a triple-A rating. Last year, the US-based Global Finance magazine, specializing in financial markets and investment banking, named it the “Best Multilateral Financial Institution in the world for 2021”.

Clickatell Scoops Prestigious Nigerian ICT Award

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Clickatell Scoops Prestigious Nigerian ICT Award

Clickatell , a CPaaS innovator and Chat Commerce leader, was acknowledged by Nigeria Communications Week as their Communications Solutions Provider of the Year, as part of their 13th Beacon of ICT (BoICT) Awards, held on 28 May at the Eko Hotels and Suites, Lagos Nigeria.

Nigeria Communications Week , a prominent local technology publication, held its annual awards, which recognizes top performers in Nigeria’s ICT sector, in Lagos on the weekend. Clickatell was awarded the winner in the category Communications Solutions Provider of the Year for its Chat Commerce solution following a voting process that included business leaders, readers, as well as independent quality experts.

In a letter announcing the achievement, Ken Nwogbo , Editor In-Chief of Nigeria Communications Week said: “This is a testament to your talents, innovations, contributions and commitments to the growth of the ICT industry, and we are happy that Nigerians have recognized your hard work, sincerity and dedication towards the development of the ICT industry.”

Speaking after the awards ceremony and annual BoICT lecture delivered by Dr. Oluseyi Akindeinde , Co-Founder and Chief Technical Officer of Digital Encode Limited, Clickatell’s Samson Isa , Regional Managing Director: West Africa, gave context to the achievement and what it means for the company.

“The annual BoICT event is widely regarded as the most prestigious in the ICT industry in Nigeria, and we are honored to be here tonight. Our team is also especially proud of being recognized for this award given the caliber of entrants this year. Having our Chat Commerce solution recognized for the difference it can make to businesses in Nigeria is particularly pleasing,” said Isa. “Clickatell has built its legacy based on its obsession with helping businesses deliver customer service that impacts their bottom line and improves the lives of their customers. We see Chat Commerce as playing a key part in driving financial inclusion for Nigerians and helping them access the services they are looking for quickly, simply and on the platforms they prefer to use.”

Isa’s comments are supported by compelling data . In the third quarter of 2021, WhatsApp was the most popular social media platform in Nigeria with 92% of internet users making use of the chat platform. In addition, 71% of the country’s internet users make use of Meta’s chat app, Facebook Messenger. These numbers prove that chat is one of the most effective ways for businesses to reach a significant portion of the local population.

Clickatell’s Chat Commerce offering has already been deployed by many respected brands including Fidelity Bank, Union Bank, EcoBank and Stanbic Bank.

New Fujitsu Notebook LIFEBOOK Models Designed for the Hybrid Workplace

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HONG KONG SAR – Media OutReach – 31 May 2022 – Fujitsu has introduced a brand-new notebook portfolio for today’s post-pandemic hybrid work lifestyles. The updated range is spearheaded by a new, lightweight LIFEBOOK U7 Series featuring ultra-light magnesium casing.

www.fujitsu.com/

About Fujitsu Business Technologies
Fujitsu Business Technologies Asia Pacific is the Asia Pacific Regional Headquarters for business technologies of Fujitsu Limited, Japan, responsible for wide range of client computing devices and business solutions for corporate users in Asia Market. Fujitsu Business Technologies Asia Pacific Limited pledges “Built-in Confidence” for every product under its brand name to reassure users of product and service excellence. From high performance components to stringent quality control and professional after-sales service, Fujitsu stands for reliability and satisfaction.

All other company or product names mentioned herein are trademarks or registered trademarks of their respective owners. Information provided in this press release is accurate at time of publication and is subject to change without advance notice.

#Fujitsu #FujitsuBusinessTechnologies

AfDB Governors endorse the bank’s vision for the next 10 years

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AfDB Governors endorse the bank’s vision for the next 10 years

The African Development Bank Group  has concluded five days of annual meetings in Accra, Ghana on Friday with a rallying cry from its President Dr. Akinwumi Adesina, to be proud of Africa’s progress.

Download Declaration (EN): 
Download Declaration (FR): 

He told delegates at a spectacular closing ceremony at the end of the Bank Group’s Annual Meetings that they were all what he called “partners in hope who shared a passion for the continent and who should celebrate Africa’s successes.”

Ghanaian Vice President Mahamudu Bawumia represented President Nana Akufo-Addo at the closing ceremony. With him were Finance Minister Kenneth Ofori-Atta, the outgoing Chair of the Bank Group’s Board of Governors.

Delegates unanimously adopted what they called the Accra Declaration , which captured decisions arrived at by the Bank Group’s governors during the meetings.

Bank Group Secretary General Vincent Nmehielle—who was responsible for organizing the meetings—thanked the Ghanaian authorities for hosting the meetings. He announced that the Group’s 2023 annual meetings will take place in Sharm-El-Sheikh, Egypt.

The new executive bureau of the Board of Governors was also unveiled. It is led by Governor from Egypt Tarek Amer who is also the country’s governor of the Central Bank and the new chairman of the Bank Group’s Board of Governors. Brazil assumes the position of 1st Vice President and Uganda as 2nd Vice President.

This year’s meetings bore the special stamp of a continent recovering from the socio-economic consequences of the Covid-19 pandemic. They were the first annual meetings held in person in the last few years, after the African Development Bank took strong precautionary measures to contain the disastrous effects of the pandemic. During that period the Bank Group established its Covid-19 Response Fund to help the continent fight the pandemic and embark on economic recovery.

Relevance of the Bank’s High 5s

Board members each received an award in recognition of their commitment and for making critical decisions at a critical time for the continent including approving the Covid19 response strategy.

The Governors asserted the continued relevance of the High 5 Priorities—Light up and power Africa, Feed Africa, Integrate Africa, Industrialize Africa and improve the quality of life of the people in Africa—as key pillars of the Bank Group’s strategic outlook for the next 10 years (2023 – 2032) to build “a prosperous Africa, based on inclusive growth and sustainable development”.

Delegates reaffirmed their commitment to strengthen the Bank’s financial power and resources to enable a scale-up that will multiply and raise the level of achievements. Adesina cited Ghanaian President Nana Akufo-Addo, saying: “We must accelerate the process of moving from a billion to a trillion, and the Bank must become the dominant financial institution in Africa to accelerate development.”

The Bank’s president told delegates at the closing ceremony that discussions will continue for leveraging the equity of the African Development Fund on international capital markets, thus allowing for much larger fundraising.

“With the ADF we have created a powerful institution, the only one based in Africa that exclusively finances Africa’s development,” said Adesina. He added: “And the Fund arriving on the financial market with its $25 billion will not worsen Africa’s debt.”

AfDB well placed to channel Africa’s SDRs

The Bank Group chief reiterated his plea for the African Development Bank to be the vehicle for the continent’s IMF Special Drawing Rights (SDRs). He said the institution’s track record should also be a strong argument in its favor as it is “the only Triple-A African institution and ranked the fourth most transparent and best multilateral financial institution in the world…” He said that independent reviews showed that the Bank’s governance instruments were up to international standards.

The Bank Group President assured Board members that he had heard their recommendations: “We will continue to improve,” he said, adding that all recommendations would be implemented.

Adesina said all 81 member countries were “dedicated and loyal shareholders” who had come to express their confidence in the work of the Bank by their presence.

Ghanaian Finance Minister Kenneth Ofori-Atta, spoke of the privilege he enjoyed of having chaired the Board of Governors for two years. He said: “It is a difficult time, we face rising prices and debt, and 1.3 billion Africans need innovative solutions.”

The minister also said: “Let us have the courage to move forward with the climate change framework and support countries in climate strategies for green and inclusive growth.”

The new Board of Governors Chair invited participants to the global climate summit, COP27, to be organized by Egypt in Sharm El-Sheikh later in the year in a context where Africa is disproportionately affected by global warming.

He reaffirmed Egypt’s support to the Bank, saying: “The Bank is an institution that stands out. Our expectations are high, and we know how much the continent has been hit by Covid and the best way to benefit from Special Drawing Rights is to use the Bank’s channel.”

In his remarks, Ghanaian vice president Mahamudu Bawumia said the African Development Bank’s performance had brought to reality the vision of the founding fathers. He said that the impact of the Russian-Ukrainian war would weigh heavily on the growth of African economies.

Vice President Bawumia said he hoped that the strategy the African Development Bank Group will adopt for 2023-2032 would also be a means of achieving the objectives defined by the African Union’s Agenda 2063. He said he was convinced that the Bank had the leadership to make the institution’s High 5s come to fruition, and he was confident that the Accra Declaration would be fully implemented.

Small businesses in Nigeria are still in danger

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Small businesses in Nigeria are still in danger

When a small business owner is faced with the responsibilities of production economics, financial reports and marketing all at the same time, cybersecurity can often appear complicated and, at times, unnecessary.

 

However, this disregard for IT security is being exploited by cybercriminals. Kaspersky  researchers assessed the dynamics of attacks on small and medium-sized businesses between January and April 2022 and the same period in 2021, to identify which threats pose an increasing danger to entrepreneurs.

In 2022, the number of Trojan-PSW (Password Stealing Ware) detections in Nigeria more than doubled when compared to the same period in 2021 – 2654 detections in 2022 compared to 1076 in 2021. Trojan-PSW is a malware that steals passwords, along with other account information, which then allows attackers to gain access to the corporate network and steal sensitive information.

Another popular attack tool used on small businesses is Internet attacks, specifically, web pages with redirects to exploits, sites containing exploits and other malicious programs, botnet C&C centers, etc. While the number of these attacks decreased in the first four months of 2022 in Nigeria (56 836 infections in 2022 compared to 99 146 infections in 2021), Internet attacks are still a concern and need to be protected against.

With the shift towards remote working, many companies have introduced the Remote Desktop Protocol (RDP), a technology that enables computers on the same corporate network to be linked together and accessed remotely, even when the employees are at home. The number of attacks on RDP has increased significantly in Nigeria, by 89%. In the first four months of 2021, there were 161 000 RDP attacks detected and blocked by Kaspersky in the country. For the same period in 2022 the number has risen to 303 500 attacks.

Having a special security solution enables attack visualisation and provides IT administrators with a convenient tool for incident analysis. The faster they can analyse where and how a leak occurred, the better they will be able to solve any negative consequences. The new edition of Kaspersky Endpoint Security Cloud, dubbed Kaspersky Endpoint Security Cloud Pro , contains advanced new capabilities, including automated response options and an extended set of security controls in a single solution. The Pro version also includes built-in training for IT workers seeking to boost their cybersecurity skills and make the most out of their specialised security products.

Even small businesses with limited IT resources still need to protect all their working devices, including computers and mobile phones, from cyberthreats. The updated Kaspersky Small Office Security  is a key tool for startups, small online-stores and local businesses to keep all of their work devices protected, safely transfer any valuable business-related files and avoid falling victim to ransomware.

“With the shift to remote working and the introduction of numerous advanced technologies in the daily operations of even small companies, security measures need to evolve to support these sophisticated setups. Cybercriminals are already way ahead of the curve, so much so that virtually every organisation will experience a breach attempt at some point. For small companies today, it’s not a matter of whether a cybersecurity incident will happen but when. Having trained staff and an educated IT-specialist is no longer a luxury but a must-have part of your business development,” comments Denis Parinov, security researcher at Kaspersky.

To protect your business, Kaspersky recommends:

  • Providing your staff with basic cybersecurity hygiene training  as many targeted attacks start with phishing or other social engineering techniques.
  • Using a protection solution for endpoints and mail servers with anti-phishing capabilities to decrease the chance of infection through phishing emails.
  • Taking key data protection measures. Always safeguard corporate data and devices, including by using password protection, encrypting work devices and ensuring data is backed up.
  • Keeping work devices physically safe – do not leave them unattended in public, always lock them and use strong passwords and encryption software.

No-code VideoTech Platform, Revidd.com, raises USD 1.1 MM from Inovnis SA and CIIE.CO

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No-code VideoTech Platform, Revidd.com, raises USD 1.1 MM from Inovnis SA and CIIE.CO

Revidd.com was founded in 2021 by Kiran Pasavedala, Sampath Mallidi and Naresh Uppada. The company is a No-Code SaaS platform which enables anyone with video content to launch their own customizable video streaming product or digital TV in less than 5 minutes.

“Today, building online video platforms is expensive, time consuming and requires deep tech skills for content creators to bootstrap their own video centric products. Our no-code solution revolutionises video tech business. Our product equally caters the needs of an individual as well as the global private and public entities, which is a rare combination” says Kiran Pasvadela, co-founder and CEO of revidd.com

With the capacity to seamlessly integrate within your own environment, revidd makes launching your streaming channel or app easy, fast and affordable. The process is unambiguously clear and intuitive, which involves choosing a customizable template, uploading content for your viewers to navigate and monetization for steady revenue.

Commenting on the investment, Olivier Meyer from Inovnis SA said “Inovnis is thrilled to join the three co-founders of Revidd.com by providing the company $1,000,000 in seed capital and supporting the further expansion of their vision. We believe that the video industry is undergoing a profound change due to the rapid expansion of the market while still operating on legacy infrastructure.

We are impressed with the team’s outstanding ingenuity and capacity to answer the demand, thus leading the way for significant disruption and growth.”

Revidd went against the grain to build itself and is fundamentally differentiated by its ability to bring Video on demand, Live Streaming, Video conferencing and CloudTV Channels in one place, providing a potential option for content creators to manage and monetize video content in several possible ways. The ideal functionality delivers the creators/customers with proactive insights and warrants them their desired platform.

“Enabling creators to truly build content rich platforms is the heart of Revidd. Their technology empowers video content creators to focus on what they do best – create while technology complexity is simplified by Revidd. We are happy to support the founding team to build a global product to tap into a $1.7T market.”

says, Chintan Antani, Vice President, Seed Investments at CIIE.CO (IIM Ahmedabad’s startup accelerator and incubator).

In the second year of activity, the Vizag-based company already employs 68 employees attending the needs of customers from ten countries across four continents.

With this seed investment, the company intends to set up shop in the USA to further expand the North American market, hire ingenious talent and strengthen the product and technology. The company aims to bring 60% cost savings with its own decentralised storage and streaming network.

Revidd intends to become the first technology platform of its kind, with a no-code end-end horizontal solution in multiple verticals where anyone can launch their own video platform effortlessly.

Vingroup collaborates with Intel; Signs agreement to develop advanced technologies

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HANOI, VIETNAM – Media OutReach – 31 May 2022 – Vingroup today announced that it has signed a Memorandum of Understanding with Intel to create a wide range of advanced computing systems including 5G enabled smart city and smart building solutions, smart manufacturing processes, cloud services and AI as well as ADAS based on Mobileye technology.

https://www.vingroup.net/en.

#Vingroup

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