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Annual report reveals continued surge in sophisticated bot attacks
HUMAN Security, Inc., a cybersecurity company that protects organizations by disrupting digital fraud and abuse, just announced the release of its 2023 Enterprise Bot Fraud Benchmark Report. The annual report provides insights into automated attack trends across enterprise use cases, including account takeover, brute forcing, carding, credential stuffing, inventory hoarding, scalping and web scraping.
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Zero in with ABI’s Research Spotlights on research that is critical to your success
The global technology intelligence firm ABI Research just announced the release of Research Spotlights, suites of research focused on key technologies and trends within the vast ABI Research Library.
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EdTech Intel: 6 Ways AI is Revolutionizing Online Learning
After years of steadily picking up steam, online learning is experiencing undeniable explosive growth. The market is racing toward $1 trillion, with the corporate e-learning space expected to skyrocket 250% in the coming years. As e-learning continues to expand beyond the walls of academia, another game-changing phenomenon is going mainstream in a big way: artificial intelligence (AI).
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Protecting Data in the Cloud
Organizations in Singapore are increasing their reliance on the cloud. Nearly nine in ten organizations in the country are using cloud services, with about 70% taking a hybrid cloud approach.
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Black Friday Online Shopping Safety Checklist
Vigilance is urged during this 2023 Black Friday and Cyber Monday, as “AI generated scams enhance the threat to this year’s festive shoppers, as it’s revealed over 7 in 10 British people worry that AI will make it easier for criminals to commit online fraud” – NCSC.
But while AI scams like voice cloning, romance scams, and language mimicking are on the rise, “93% of the biggest spenders, millennials aged 24-35, plan to shop during this coming weekend. And they spend an average of $419.52 per person.” But with cyber security threats at an all-time high, how can shoppers and businesses stay cyber safe?
Here are our top tips for staying safe online, and the preventative measures that can be taken while shopping for your latest bargain.- Be Aware of Phishing & Quishing Attacks
SecurityHQ analysts have recently observed a significant increase in Business Email Compromise (BEC), regarding phishing attacks containing QR code (Quishing) and captchas for credentials harvesting. Quishing attacks usually occur via the scanning of a QR code. This technique involves tricking users into scanning a QR code using a mobile phone. The QR code then redirects the user to a phishing or fake website that aims to steal their credentials.
Read more about Quishing, and how to spot QR Code vulnerabilities, here. - Read the Small Print
If something seems too good to be true, it probably is. While Black Friday deals can offer huge discounts that are genuine, people still need to make money. Anything ridiculously cheap is a red flag.
What to look for:
- It is worth checking the reputation score of retailers to determine if that retailer can be trusted.
- A website with no company address, descriptions or specifications on items are all red flags. Look for the details. And do not base purchases solely off star ratings, as these can be fake.
- Pop-ups that offer free electronics are obvious scams, containing malicious phishing links, and should be avoided at all costs.
- Read the small print. Often cons are perfectly visible if you know what to look for. Like seeing a picture of a laptop being advertised, going to buy said laptop for a reduced rate without reading the small print, and receiving a literal picture of a laptop in the post. The devil is in the detail.
- Use Reputable Websites/Companies
Tried and Tested – Using websites that are globally known is a good way to avoid any nasty surprises. Even if it is a couple of pounds more, it is worth knowing where your money is going and that your purchase will be tracked and delivered.
Use Antivirus Software that will warn you of potentially dangerous sites in search results as well.
Look For Suspicious Emails, as well as suspicious calls and text messages. Never click on a link you are unsure of, and never provide personal information over the phone. Read more on email security, here. - Stop, Look, Check, Pay
Secure Sockets Layers (SSL) are used to ensure data is encrypted before being transmitted across the web. It is also an indication that an organization has been verified. Keep an eye out for HTTPS in the address bar rather than HTTP, as this highlights a site uses SSL.
Make Sure the Website That You Intend to Shop on is Not a Copy of a legitimate one. Verify that the date and name of the organization are consistent with the site you are visiting. And look for typos in the URL. Your best bet it to go directly to the website yourself, and do not access it through links on other sites/emails.
When using public Wi-Fi, use a VPN as the most effective way to stay safe and so that hackers do not steal your personal data while you are on an unsecure network. - Check Your Bank Account
- Use a credit card or payment method which offers protection (i.e., PayPal).
- Check your accounts regularly for fraudulent activity.
- Only provide enough details to complete your purchase (no extra details required)
- Keep Your Passwords Safe & Don’t Use Default Credentials
Default credentials used by applications and appliances are often published on the internet. This can be a big problem. An attacker will typically first scan your network to see where they can move next. If an attacker was lucky enough to identify applications or appliances with default credentials enabled, it won’t take them long to hunt on the internet for these published credentials. Read how to detect default credentials, here.
Finally, keep your passwords safe. Read this blog on password protocols to learn more. Don’t let cyber scams ruin your festive fun this winter!
By SecurityHQ - Be Aware of Phishing & Quishing Attacks
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Cisco unveils new solution to rapidly detect advanced cyber threats and automate response
Cisco unveiled the latest progress towards its vision of the Cisco Security Cloud, a unified, AI-driven, cross-domain security platform. Cisco's new XDR solution and the release of advanced features for Duo MFA will help organizations better protect the integrity of their entire IT ecosystem.
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SecurityHQ’s Cyber Predictions
In response to the growing number of breaches, SecurityHQ released their latest white paper to highlight analyst predictions for threats and vulnerabilities in H2 2023.
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KAWO’s "Guide to China Social Metrics" helps marketing teams translate KPIs into business success
KAWO, the leading social media management platform in China, has launched its 2023 “Guide to China Social Metrics.”
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Revealed: The most creatively effective digital & TV ads in Southeast Asia
The marketing data and analytics company, Kantar, revealed the winners of the 2023 Creative Effectiveness Awards in Southeast Asia, recognizing the most impactful ads of last year.
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IBM report: half of breached organizations unwilling to increase security spend despite soaring breach costs
IBM released its annual Cost of a Data Breach Report, showing the global average cost of a data breach reached $4.45 million in 2023 – an all-time high for the report and a 15% increase over the last 3 years. Detection and escalation costs jumped 42% over this same time frame, representing the highest portion of breach costs, and indicating a shift towards more complex breach investigations.
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SenseTime Launches "SenseNova" Foundation Model Sets and AI Computing Systems, Advancing AGI Development
SenseTime hosted a Tech Day event, sharing their strategic plan for advancing AGI (Artificial General Intelligence) development through the combination of "foundation models + large-scale computing" systems. The leading AI software company is focused on creating a better AI-empowered future through innovation and committed to advancing the state of the art in AI research, developing scalable and affordable AI software platforms that benefit businesses, people and society as a whole.
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Challenges organizations face to be ready for a safe post quantum computing future
DigiCert released the results of a global study at its annual Trust Summit conference, exploring how organizations are addressing the post-quantum computing (PQC) threat and preparing for a safe post-quantum computing future.
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Fastest web-based editor released for a new era of storytelling across streaming, broadcast, digital and social media
Dalet, a leading technology and service provider for media-rich organizations, announced the release of Dalet Cut, the cloud-native, real-time, lightning-fast multimedia and multiplatform editor fully integrated within the Dalet ecosystem.
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Pirate streaming and torrent sites provide real cybersecurity harms for Philippine consumers
Asia Video Industry Association (AVIA), with Dr Paul Watters of Cyberstronomy, have released a new report, Consumer Risks from Piracy in the Philippines, that once again highlights the possible dangers Filipino consumers face when accessing pirate sites.
The preparation for SingEx’s inaugural trade conference and exhibition Last Mile Fulfilment Asia (LMFAsia) is in full swing and the countdown is on.
About 1,500 trade attendees, delegates and exhibitors from the Asian region are expected to gather at MAX Atria @ Singapore EXPO on 19th & 20th March 2015.
The show will bring together fulfilment centres, logistics companies, postal agencies, parcel courier companies and technology solution providers to meet with eCommerce companies and retailers to discuss and find solutions to the last mile challenges, forge new partnerships and uncover business opportunities in Asia.
EDB Singapore is supporting the event as a strategic partner for good reasons, as Mr Lee Eng Keat, EDB’s Director of Logistics and Natural Resources explained: “Keeping in mind the growth of eCommerce and the complexity of Asia’s fragmented trade and regulatory landscape, we are building up Singapore’s capabilities in eCommerce ranging from consumer insights to last mile fulfilment. LMFAsia will bring together thought leaders to exchange ideas on the issues and possible solutions for last mile fulfilment in Asia. The event will also allow brand owners to get a better understanding of how Singapore can help them connect to key markets and enhance their competitive edge in the burgeoning Asian market, especially South East Asia.”
To no surprise key industry players have lauded LMFAsia as being timely and relevant, since four key sectors are brought together under one singular platform – eCommerce, retail, logistics and parcel –to maximise the business opportunities within eCommerce in Asia.
Mr Mitat Aydindag, Head of arvato SCM/eCommerce Asia, arvato Bertelsmann, which will be exhibiting at LMF Asia, for instance, said: “All business partners we are talking to have eCommerce as a top priority on their agenda and they are all situated in different stages of development with variety of challenges and hurdles. With our global supply chain network and eCommerce know-how, we support our clients to address and master these challenges, hence, being equipped for growth in this fast moving market. We are excited to be part of LMFAsia to network with other participants and gain insights on their individual challenges and solutions.”
LMFAsia visitors can expect a well-balanced and comprehensive mix of exhibitors to get informed face-to-face by experts about the latest innovative solutions, products and services for the fulfilment and eCommerce ecosystem technology, besides joining the two-day conference that is positioned as the centrepiece of the event for all industry players to come together for exchange of ideas and knowledge sharing. Business matching and networking sessions will be additional key features of the event, providing the platform for new business partnerships and opportunities.
The conference provides a terrific opportunity to all players in the industry to come and learn from industry experts and leading practitioners, such as:
• Magnus Grimeland, Managing Director and Co-Founder of the ZALORA Group, Asia’s leading online fashion retailer
• Mitat Aydindag, Head of arvato SCM/eCommerce Asia of arvato Bertelsmann, a leading international service provider that thrives on digital technology
• Pawoot Pongvitayapanu, Managing Director and Founder of TARAD.com Co., Ltd, which includes ThaiSecondhand.com and TARAD.com the Biggest E-Commerce Service in Thailand
• Paul Srivorakul, Group CEO of aCommerce, a full service end-to-end e-commerce solutions provider in Southeast Asia & Co-Founder & Chairman of Ardent Capital, an early stage internet private capital fund focused on Southeast Asia
• Philips Yu, Chief Operating Officer of LovableCommerce.com, a leading eCommerce enabler that built, operated and maintained over 100 stand-alone eCommerce stores in the Philippines with fully integrated platform, payments and fulfillment systems in a short span of 1 year
• Pierre Poignant, Chief Operating Officer of the pioneering eCommerce company Lazada Group
• Andi S. Boediman, Managing Partner of Ideosource, a venture capital fund focusing on the digital industry, including content, media, e-commerce and cloud services
• Bede Moore, Co-Founder of Vela, Indonesia's leading end-to-end eCommerce services companies
• Bjorn Pardo, Founder and CEO of Xend, an innovator of eCommerce logistics technology in the Philippines
• Hadi Wenas, CEO of aCommerce Indonesia, the biggest end-to-end service provider focus on accelerating e-commerces’ growth
• Robertson S. Chiang, the current President of the Digital Commerce Association of the Philippines (DCOM) and COO of Dragonpay Corporation
• Mui Fong Goh, Partner and Transportation Practice Lead, Asia Pacific, A.T. Kearney
• Ryu Kawano Suliawan, Co-Founder of PT Midtrans
• Miguel Angel A. Camahort, President and Chief Operating Officer of LBC Express
• Misko Kancko, who is responsible for Global Strategy & Development at the Canada Post Corporation
• Carsten Spiegelber, General Manager for System & Automation with SSI Schaefer Asia
Tackle the last mile challenges and find solutions by joining the conference that brings together experts from fulfilment centres, logistics companies, postal agencies and parcel courier companies as well as eCommerce companies and retailers.