Indonesian businesses ramp up cybersecurity budget amid rampant attacks

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first_imgIndonesian companies plan to increase their cybersecurity budget this year amid the high number of cyberattacks during the pandemic, signalling a growing awareness and commitment in digital safety, a survey by a cybersecurity company shows.US-based Palo Alto Networks stated that, based on the firm’s survey in February, around 84 percent of Indonesian companies planned to raise their IT budget this year, 44 percent of which would allocate more than half of their IT budget to cybersecurity investment.The number of companies in Indonesia committed to increasing the IT budget is higher than the ASEAN average of 73 percent. In May, three Indonesian e-commerce platforms, including Tokopedia, reportedly experienced data breaches in which their customers’ details were stolen, which were then sold on the dark web.A report by American tech company Microsoft, titled Security Endpoint Threat Report 2019, stated that developing countries, including Indonesia, were most vulnerable to malware and ransomware threats in 2019.Read also: IBM advises tighter cybersecurity in new remote work eraIn line with the finding, the survey revealed that most of the companies considered having antimalware and antivirus software as the most important cybersecurity tools.“Companies are overwhelmed by the complexity of multiple security tools. They need a single platform that can give them integrated protection from cyberattacks,” he said. “But as Indonesian companies increase their cybersecurity investment, there is a willingness to fix this and become more confident.”However, despite efforts to enhance their security, 44 percent of Indonesian companies still lack confidence in their cybersecurity investments.Surung said the reason for the lack of confidence was that companies were doubtful in their employees’ cybersecurity awareness, or the fact that their security infrastructure was outdated as well as a lack of end-to-end protection.Palo Alto Network’s survey also showed that companies considered digital payment and e-commerce platforms as the top window for attackers to take advantage of. The reason was both platforms contained much financial data that hackers could immediately use for personal gain, Surung added.According to Bank Indonesia, electronic transactions increased to Rp 15 trillion (US$1 billion) in May compared to Rp 12.8 trillion in the same period last year. Meanwhile, the central bank recorded e-commerce transactions growing 26 percent during the pandemic.Surung stated that 39 percent of companies were most concerned about losing their external data such as user information, while 37 percent were worried about internal data loss such as employees’ personal data.E-commerce platform Blibli.com senior manager of information security Ricky Setiadi told The Jakarta Post on July 17 that malware and phishing attacks were some of the main threats Blibli continuously took precautions for, as both were potential entrance points for further data breaches.“The COVID-19 pandemic has given rise to cybersecurity risk profiles that diverge from those seen during normal conditions,” he said. “Therefore, we have adapted our budgets to conduct the necessary system and protocol upgrades to address the shift in risk profiles and maintain the integrity of our security systems.”Similarly, e-wallet provider LinkAja chief technology officer Arman Hazairin said in an e-mail on July 16 that the company also experienced increased transactions during the pandemic, which led to added supervising and preventive measures to increase cybersecurity.“This means allocating more resources, including funds, people and time, for cybersecurity,” he said.While e-wallet platform DANA refused to comment on its cybersecurity budget, the company’s communication vice president Steve Saerang said that it was already equipped with an artificial intelligence-based risk engine to analyze unusual transactions and biometric verification as fraud prevention measures.Topics : “Almost all companies in the country have put cybersecurity as their business enabler in this digital era,” said Palo Alto Networks Indonesia country manager Surung Sinamo in a press briefing on July 15. “This shows that we are moving on the right track in terms of digital safety awareness.”He went on to say that the top reasons these companies increased their budget were to tackle the growing number of sophisticated cyberattacks, upgrade their existing security framework and keep up with competitors.“Attackers are now using artificial intelligence, so it is important for businesses to start relying on automation such as machine learning for security,” he said, adding that one of Palo Alto Network’s banking clients had seen a 200 percent increase in cyberattacks during COVID-19 compared to usual.Indonesia recorded more than 88 million cyberattacks during the first four months of the year, with more than half of the cyberattacks being malware and phishing scams, according to the National Cyber and Encryption Agency (BSSN).last_img read more

NFF, NIKE Meet to Strategise for New Year

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first_imgShehu Dikko Opening of more NIKE outlets in Nigeria to deepen the market, preparation of new designs scheduled to be launched in the summer of next year and the exploration of severally mutually beneficial strategies to take advantage of the enhanced contract were also discussed.“We had a very good meeting and we hope to learn from the successes of last season to build new strategies to deepen the relationship going forward, for the benefit of the NFF, NIKE, football fans and other stakeholders.“The NFF is very happy with the relationship with NIKE and we are willing to help in every area that they want to activate the contract,” NFF 2nd Vice President Shehu Dikko told reporters at the Glass House.Also at the meeting were NIKE’s Tina Salminen (Director, Sports Marketing, African Football) and Indrek Heinmets (Commercial Director, Sports Division of Hudson Holdings, NIKE’s official distributors), as well as Mr. Alizor Chuks, NFF’s Head of Marketing.Mr. Sean Harris (GM, NIKE) and Wouter van Olm (NIKE’s Strategic Account Manager, Africa) were part of the meeting from NIKE’s Netherland’s headquarters via video call.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Olawale Ajimotokan in AbujaThe Nigeria Football Federation (NFF) and its official kit sponsors, NIKE met Thursday in Abuja to review activities for year 2018 and plan for the new year.Top on the agenda was the activation of the new, robust contract signed by the two parties in Asaba, Delta State in November 2018, especially in the distribution of NIKE merchandise to ensure the products are available to consumers through several platforms across the country.last_img read more

Grupo Orenes seeks to revitalise its horseracing proposition with Racing Post B2B

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first_img Spotlight delivers Racing Post translated services for Pari-Engineering Russia August 26, 2020 Spotlight Sports takes over MansionBet blog  June 18, 2020 StumbleUpon Spanish gambling group Grupo Orenes will expand its racing customer and operational provisions with Racing Post B2B.The partnership will see Racing Post act as the lead racecard, content and information supplier for the Spanish operator’s properties and digital sports betting brand – Vivalasuerte.es.Orenes management has stated that it seeks to revitalise horseracing as a sports betting proposition for Spanish consumers.Confirming the deal Orenes Sportsbook Director, Juan Jose Lopez said  “Having over 30 years’ experience in the horse racing industry, it was an easy decision to go with Racing Post for all our racing content. As market leaders, they will provide us with key information to help our customers both in store and online.”Racing Post racecards and information will be installed across Orenes’ 350 Spanish market betting points.The racecards contain essential elements to help customers find that all-important winner. On each racecard, Orenes customers will now benefit from having latest form figures for every horse, details of the jockey, trainer and owner, weights and breeding at their fingertips.Daniele Alfonso – Racing PostBacking Orenes as new partners, Racing Post B2B, International Sales Manager, Daniele Alfonso commented:“Our content helps bookmakers enhance and optimise their offering with bet-prompting and bet-generating content. Partnering with Orenes Grupo is an important step for us as we grow our business in Spain. The content will help the bookmakers inform their customers about UK and Irish horse racing and greyhounds.” Share Share Spotlight ups matchday commentary reach and capacity for new EPL Season  August 21, 2020 Submit Related Articleslast_img read more

Video Artists Adorn CSL Bulker with a Mural

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first_imgThe Sea Keeper / Gardien des eaux from CSL on Vimeo.A mural on a bulk carrier? Why not? Canadian shipping company CSL has chosen one of its bulk carriers as the “canvass” for an original work-of-art. Namely, over the course of three weeks in February-March 2017, four urban Montreal artists worked together to create the mural that celebrates the 150th anniversary of Canada and the 375th of the City of Montreal, and marks a renewal under way at CSL. The company chose CSL St-Laurent to host the tribute.The Sea Keeper/Gardien des eaux was conceived by Montreal urban artist Beyung and created with artists FONKi, Ankh One, and Benny Wilding of the A’shop art collective. Painting of this scale on a ship was a first for the artists, a first for CSL and a first for a Canadian commercial vessel.Built in 2014, CSL St-Laurent is a 36,363 DWT bulker. The vessel’s arrival in the Port of Montreal in February 2015 marked the final step in CSL’s Trillium Class newbuild program that produced a total of 11 self-unloaders and bulk carriers for CSL’s Canadian and Americas fleets.On March 20th, 2017, CSL St-Laurent adorned with The Sea Keeper was the first ship to transit the St. Lambert lock, marking the opening of the St. Lawrence Seaway.Image&Video Courtesy: CSLlast_img read more

Nunavut senator calls out nonprofits on foreign funding

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first_imgAPTN National NewsSenator Dennis Patterson, Nunavut’s representative in the upper house of Parliament, is calling out non-profit groups operating in the North.In a statement on the Senate floor, the Conservative senator says that non-profits have too much influence on events in Nunavut, and questions their commitment to Canada when they may have numerous foreign backers.APTN National News reporter Kent Driscoll takes a close look at Patterson’s statement, and asks the question: if we’re going to talk about influence in the North, shouldn’t we be talking about energy companies as well?last_img

La Jolla High School student arrested after allegedly issuing threat of campus

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first_imgLa Jolla High School student arrested after allegedly issuing threat of campus violence Categories: Local San Diego News Tags: La Jolla High School, Marjory Stoneman Douglas High School, San Diego Unified School District FacebookTwitter KUSI Newsroom, KUSI Newsroom March 9, 2018center_img SAN DIEGO (KUSI) — Amid a continuing spate of malicious rumor-mongering about school violence, a La Jolla High School student was arrested Friday for allegedly threatening a campus shooting.The 15-year-old boy was taken into custody off-campus Friday morning, said Maureen Magee, spokeswoman for San Diego Unified School District. His name was withheld because he is a minor, and details on the purported threat — including whether it allegedly was issued verbally, in writing or online — were not released.Investigators found no guns during a search of the suspect’s home, police Lt. Steve Waldheim said.At least six other juvenile arrests have taken place in the San Diego area — three this week — amid a rash of school-violence threats that have erupted nationwide in the aftermath of last month’s mass-casualty shooting rampage at Marjory Stoneman Douglas High School in Parkland, Florida.None of the local threats were believed to be credible. Posted: March 9, 2018 Updated: 10:35 PMlast_img read more