Category: Media OutReach NewsWire

13 years, 13 trading tips: sharing Octa’s experience. Part 1

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 30 July 2024 – Octa, a financial broker with globally recognised licenses, celebrates its 13th birthday this summer. In some cultures, the number 13 has a special significance. For example, the Chinese omit the thirteenth floor in multi-level buildings as unlucky. The Japanese, on the other hand, associate this number with good fortune. In a series of three articles, the experts at Octa will share 13 time-proven and well-tested tips—one for each year of the broker’s successful track record in the financial markets. These recommendations aim to help improve trading outcomes and progress towards financial goals. The number 13 may or may not possess supernatural qualities, but following these 13 recommendations will very likely bring better results in trading!

Octa

Below is the first of three articles. In this series, the experts at Octa share 13 practical recommendations based on the broker’s 13 years of experience in the market.

The first article outlines five crucial elements that will help form a firm foundation for trading success.

1. Acquiring theoretical knowledge to unlock new practical opportunities

Octa continuously studies its clients’ experiences to gain first-hand insights into the traders’ minds and finetune its products and services to their demands. A vast majority of Octa’s clients who achieved consistent profits indicate continuous learning as one of the cornerstones of their success. They read trading content online, sign up for dedicated educational courses, and study the strategies of professional traders to keep up with the best practices.

Another factor of success that many emerging traders underestimate is having a fluent knowledge of basic financial concepts. For example, learn to calculate potential profits and losses for a given order based on the lot price and spread amount to be able to use risk management tools properly. Likewise, know how the support and resistance levels work and what the candlestick patterns are to be able to identify potential entry points correctly. In trading, as in any other comprehensible system of knowledge, advanced techniques are unlocked step-by-step. Progressing along the learning curve is only possible if start by mastering ground-level concepts.

Octa offers various educational resources, including its YouTube channel, which boasts more than 1 million subscribers, and a broad scope of educational materials available within its proprietary trading platform, OctaTrader.

2. Keeping emotions under lock and key

Many professional traders compare their ideal mental state during a trading session to the workings of a robotic assembly line. Each movement is time-efficient, precise, and purposeful. Each sequence of actions leads to a measured, predictable result. There are no impulsive or chaotic moves, and nothing is left to chance. In a perfect world, your trading sessions would look like that, too.

Alas, reality imposes its own—imperfect—conditions. One day, you may be tired after work. Another day, you feel fine, and brain functions like clockwork—but the market is feverish with wild fluctuations, and your predictions fail time and again.

This is where self-discipline and the right mindset come into play. One can’t control the market environment, but one definitely can control own emotions—and make sure they don’t undermine the efforts put into achieving consistently positive results.

3. Establishing a solid risk management strategy

In trading, potential profits always have a reverse relation to risks. In other words, one can only achieve significant gains by exposing capital to a proportionate degree.

Risk management techniques are part of any successful trader’s toolkit. The concept of risk in trading is based on risk tolerance—or the amount of loss prepared to handle. The risk tolerance depends on the starting capital and long-term financial goals. In their turn, these factors define the choice of trading instruments.

For example, if your goal is to obtain a supplementary source of income without delay, you may consider Forex trading, which allows traders with modest starting capital to gain regular income for day-to-day purposes.

4. Improving time-efficiency

Less experienced traders often spend an excessive amount of time comparing expert predictions and trying to validate their decisions. However, the vast field of trading information available online is very diverse in terms of quality and trustworthiness, so it’s no wonder that obtaining valid and actionable trading advice becomes an uphill battle.

To solve this problem, Octa embedded a dedicated feed with curated expert content into its proprietary trading platform, OctaTrader. This toolkit is called Space and is currently available for all OctaTrader clients across all regions of the broker’s operation. With Space, OctaTrader now offers a customisable stream of actionable trading recommendations that you can transfer to your chart in a few clicks.

5. Learning from the mistakes of others

In trading, as in life, mistakes are inevitable. Given that, studying various lifehacks allows navigation to the most notorious pitfalls and keep away from trouble. You don’t have to make all the mistakes in the book and learn the hard way. Instead, choose a broker with extensive educational capabilities—and study typical client cases, reinforcing the acquired knowledge on demo account if needing additional first-hand experience.

Octa

In the next instalment of our three-piece mini-series presenting 13 crucial trading recommendations, we will give a short list of the most impactful skills that allow successful traders to achieve consistency and turn trading into a steady source of supplementary income in a reasonable amount of time.
Hashtag: #Octa

The issuer is solely responsible for the content of this announcement.

Octa

is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.

The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.
In the APAC region, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine and International Global Forex Awards, respectively.

13 years, 13 trading tips: sharing Octa's experience. Part 1

Taiwan’s Cybersecurity Experts Convene in Malaysia for Taiwan Cybersecurity Day, Sharing Success Stories

Cybersecurity Experts Bolster Digital Transformation, Strengthen Corporate Defenses

TAIPEI, TAIWAN – Media OutReach Newswire – 30 July 2024 – In response to global supply chain changes, Malaysia has become a top choice for international manufacturers, promoting digital transformation across various industries. However, with the advancement of digitalization, cybersecurity risks have also increased, leading many international corporations to demand more robust supply chain cybersecurity. As a high-tech stronghold, Taiwan has extensive supply chain cybersecurity experience and has nurtured numerous solution providers that are highly regarded internationally.

'Taiwan Cybersecurity Day' EDM
‘Taiwan Cybersecurity Day’ EDM

To encourage Malaysia-Taiwan collaboration in cybersecurity, Taiwanese corporations and associations have organized a delegation of renowned cybersecurity firms to Kuala Lumpur in early August. The delegation will visit public associations and host ‘Taiwan Cybersecurity Day’, sharing and exchanging Taiwan’s expertise in supply chain cybersecurity and cybersecurity verification. The delegation will also discuss strategies for joint defense against cyberattacks and ways to enhance international cooperation.

‘Taiwan Cybersecurity Day’ is set for the afternoon of Monday, August 5, at the Pavilion Hotel in Kuala Lumpur. The event will feature presentations from internationally acclaimed Taiwanese cybersecurity firms like CHT Security, Billows Technology, KeyXentic, Cycraft Technology, Array Networks Taiwan, PacketX Technology, SYSTEX Corporation, uniXecure Technology Corporation. They’ll share insights on zero trust solutions, OT cybersecurity technology, and professional cybersecurity management and detection services. Invitations have been extended to exchange ideas with government officials, corporate executives, technical experts, and academic representatives. The event invites all interested in cybersecurity issues to join us in exploring how to maintain competitiveness and information security in the digital age. For more event details, please refer to the event page: https://reurl.cc/MOqKk3 .

Hashtag: #CISA

The issuer is solely responsible for the content of this announcement.

Taiwan’s Cybersecurity Experts Convene in Malaysia for Taiwan Cybersecurity Day, Sharing Success Stories

Amity Global Institute Achieves 4-Year EduTrust Certification Renewal

SINGAPORE – Media OutReach Newswire – 29 July 2024 Amity Global Institute is proud to announce the successful renewal of its 4-year EduTrust Certification for the third consecutive term, awarded by the Committee for Private Education (CPE), part of SkillsFuture Singapore (SSG). This prestigious certification underscores our unwavering commitment to excellence in education and institutional management.

The EduTrust Certification is a quality assurance scheme awarded to Private Education Institutions (PEIs) that demonstrate exemplary performance in managing their institutions and providing high-quality education and student welfare. The certification process evaluates institutions across seven key criteria: management commitment and responsibilities, corporate governance, student protection and support services, academic processes and student assessment, achievement of student and graduate outcomes, quality assurance, and continual improvement.

In their assessment, the CPE commended Amity Global Institute for its outstanding performance in several areas, including recruitment, student care, academic offerings, research, and investment in infrastructure and facilities. This achievement reflects the dedication and hard work of our entire team, as well as the support of our partners and students.

“We are honoured to receive this certification renewal, which validates our continuous efforts to provide exceptional education and support to our students,” said Professor (Dr) Leon Choong, Regional CEO (ASEAN) of Amity Global Institute. “We remain committed to ongoing improvement and innovation in all aspects of our institution, ensuring that we meet the highest standards of quality and excellence.”

As we celebrate this milestone, we remain dedicated to enhancing our students’ educational experience, fostering a supportive and enriching environment, and making a positive impact on the broader educational landscape by championing education without boundaries.
Hashtag: #AmityGlobalInstitute #AGI

The issuer is solely responsible for the content of this announcement.

About Amity Global Institute:

Amity Global Institute is a private education institution in Singapore dedicated to providing high-quality education and fostering its students’ personal and professional growth. Our comprehensive range of programmes, state-of-the-art facilities, and unwavering commitment to excellence position us as a top choice for students seeking a world-class education. We are dedicated to nurturing the personal and professional growth of each and every student who walks through our doors.

Amity Global Institute, part of the esteemed Amity Education Group, was established four decades ago. Amity Education Group is a not-for-profit foundation managing universities and schools worldwide. With 200,000 students annually, 700,000 alums, and 6,000 faculty, we prioritise international exposure and essential life skills. We vow to nurture every student’s resolve, effort, and commitment from day one.

Amity Global Institute Achieves 4-Year EduTrust Certification Renewal

Redefining Family Day Events with Fun and Exciting Carnival Experiences through Professional Event Planning

SINGAPORE – Media OutReach Newswire – 29 July 2024 – The Carnival Fair, a premier carnival event and party planning company in Singapore, is thrilled to announce the launch of its specialised focus on planning corporate family day events, birthday parties celebration, team-building activities, corporate carnivals, and festive celebrations. With a dedication to creating memorable experiences that foster unity, excitement, and brand affinity, The Carnival Fair is a perfect partner for companies looking to host exceptional family day events.

“At The Carnival Fair, we are not just organising events; we are crafting unforgettable carnival experiences that bring families together. Our extensive experience and portfolio of hundreds of successful events position us to turn any corporate family day into a spectacular and memorable occasion,” said Jaylon, Founder of The Carnival Fair.

Creating Unique and Engaging Corporate Family Day Events
The Carnival Fair offers a comprehensive range of services tailored to meet the unique needs of corporate family day events. Their team excels in planning and executing events that foster a sense of community and fun among employees and their families. These events are meticulously designed to include a variety of carnival games, rides, activities and customisable theme decorations that cater to all ages, ensuring a day filled with joy and laughter.

Team Building with a Carnival Flair
Incorporating team-building activities into family day events is a specialty of The Carnival Fair, integrating traditional team-building exercises with carnival-themed challenges and games, promoting teamwork and camaraderie in a fun and relaxed environment filled with a wide selection of delicious food and refreshments. These activities and live food stations are designed to be enjoyable for both adults and children, fostering a sense of unity and cooperation among participants.

Reliable Equipment and Exceptional Service
Complementing their event planning services, The Carnival Fair provides reliable rental services for carnival games, bouncy castles and arcade machine rentals. Their state-of-the-art equipment and professional setup ensure that every event runs smoothly and impresses the audience. They understand the importance of every detail, from equipment to quality, in creating an immersive carnival experience.

Client-Centric Approach
The Carnival Fair believes in a client-centric approach, working closely with clients to understand every need and objective with a goal to create events that not only meet but exceed expectations, leaving a lasting impression on both the client and guests. With creativity, precision, and dedication, The Carnival Fair seeks to transform every corporate family day event into an extraordinary carnival experience.
Hashtag: #TheCarnivalFair

The issuer is solely responsible for the content of this announcement.

About The Carnival Fair

The Carnival Fair is an event planning and management company offering expertise in professional events or family celebrations.

Specialising in crafting extraordinary events tailored to every organisation’s specific vision, covering initial conceptualization to flawless execution, with meticulous attention to detail and expertise in handling every facet of event management with professionalism.

Redefining Family Day Events with Fun and Exciting Carnival Experiences through Professional Event Planning

Select Catering Introduces New Teochew Porridge Buffet, Launching August 2024

SINGAPORE – Media OutReach Newswire – 29 July 2024 – Select Catering, a leading name in Singapore’s catering services scene, is pleased to announce the launch of its latest offering: the Teochew Porridge Buffet. The new menu will be available starting 1 August 2024 and promises to bring the authentic flavours of Teochew cuisine to a broader audience.

Teochew Porridge Buffet
Teochew Porridge Buffet

A Celebration of Teochew Heritage

Teochew cuisine is celebrated for its light and delicate flavours, often highlighting the natural taste of fresh ingredients. Originating from the Chaoshan region in China, this culinary tradition has become a cherished part of Singapore’s diverse food culture. Select Catering’s new Teochew Porridge Buffet aims to celebrate this heritage
with a curated selection of traditional dishes that capture the essence of Teochew culinary artistry.

Exquisite Menu Offerings

The Teochew Porridge Buffet will feature a variety of dishes, each meticulously prepared to ensure an authentic dining experience. Key menu items include:

  • Teochew Style Steamed Grouper Fillet: Fresh grouper fillets steamed to perfection, exemplifying the Teochew approach to cooking where simplicity allows natural flavours to shine.
  • Braised Duck: A classic Teochew dish, the slow-cooking process ensures that the meat is succulent and infused with aromatic spices and herbs, making it a favourite among Teochew cuisine enthusiasts.
  • Pan-Fried Dried Radish Egg: A simple yet savoury staple in Teochew households, offering a comforting and nostalgic taste.
  • Yam Paste with Gingko Nuts: Known as ‘Orh Nee’ in Teochew, this dessert balances the sweetness of yam with the nuttiness of gingko nuts, making it a must-try for anyone looking to experience authentic Teochew sweets.

“We are delighted to introduce the Teochew Porridge Buffet to our customers. This menu honours the rich culinary heritage of the Teochew community and emphasises our mission of providing authentic, high-quality dishes. We believe this new offering will resonate with our customers and deliver a memorable dining experience,” shared, June, Marketing Manager of Select Catering.

Commitment to Quality and Authenticity

Select Catering has always been dedicated to providing high-quality, authentic cuisine, and the Teochew Porridge Buffet Catering is no exception. The chefs at Select Catering have undergone extensive training in Teochew culinary techniques, ensuring that every dish is prepared using traditional methods and recipes.

Additionally, Select Catering sources its ingredients from reputable suppliers, utilising only the freshest and finest ingredients. This commitment to quality is reflected in the taste and presentation of each dish, making the Teochew Porridge Buffet a standout addition to Select Catering’s menu.

Looking Ahead

As Select Catering continues to innovate and expand its menu offerings, the introduction of the Teochew Porridge Buffet marks an exciting step forward. The company is set to continue exploring both new culinary trends and traditional cuisines to meet the evolving tastes of its customers, further enriching Singapore’s vibrant food scene.

Hashtag: #selectcatering #catering #porridge #buffet

The issuer is solely responsible for the content of this announcement.

About Select Catering

Select Catering, a member of the Select Group of Companies, has been a provider of catering solutions in Singapore for over 25 years. Specialising in traditional Asian dishes, Select Catering is committed to delivering quality, authenticity, and exceptional customer satisfaction. The company takes pride in accommodating diverse dietary preferences and requirements, ensuring that every guest enjoys a memorable and personalised dining experience.

Select Catering Introduces New Teochew Porridge Buffet, Launching August 2024

Alcatel-Lucent Enterprise partners with PT. Nusatrindo Sejati to offer Digital Age Communications in Indonesia

JAKARTA, INDONESIA – Media OutReach Newswire – 29 July 2024 – Alcatel-Lucent Enterprise, a leading provider of communications, networking and cloud solutions tailored to customers’ industries, today announced the addition of PT. Nusatrindo Sejati, a leading system integrator, to deliver best-in-class, on-premises Unified Communications solutions for customers in Indonesia.

Through this partnership, ALE aims to reinforce its presence in the Indonesian market, particularly in key industries including hospitality, healthcare and banking. The relationship will help create new opportunities as businesses increasingly seek guidance and innovative solutions that can help them execute on their digital transformation roadmaps.

ALE will deliver Digital Age Communications (DAC) that enable new communication and collaboration experiences to meet the demands of transformation, in partnership with PT. Nusatrindo Sejati. Together, the companies will provide world-class communications and collaborations solutions to businesses of all sizes in Indonesia.

“We are confident in partnering with PT. Nusatrindo Sejati to leverage ALE’s communications and collaboration solutions for the benefit of businesses in Indonesia. With their deep understanding of the Indonesian market, and in combination with our global technological expertise, we look forward to working closely together to grow the Indonesian market.”

  • Novse Hardiman, Country Manager for Indonesia, Alcatel-Lucent Enterprise

“ALE’s range of innovative communications and collaborations solutions are the ideal additions to PT. Nusatrindo Sejati’s portfolio of offerings that help provide businesses with the competitive advantage to succeed. We are excited to partner and co-innovate with ALE, and to empower our customers to achieve greater efficiency, and customer satisfaction in their digital transformation journeys.”

  • Alfredo Hitipeuw, Business Manager, PT. Nusatrindo Sejati

Hashtag: #AlcatelLucentEnterprise #ALE #Networking #Cloud #WhereEverythingConnects #BusinessPartner





The issuer is solely responsible for the content of this announcement.

About Alcatel-Lucent Enterprise

Alcatel-Lucent Enterprise delivers the customised technology experiences enterprises need to make everything connect.

ALE provides digital-age networking, communications and cloud solutions with services tailored to ensure customers’ success, with flexible business models in the cloud, on premises, and hybrid. All solutions have built-in security and limited environmental impact.

Over 100 years of innovation have made Alcatel-Lucent Enterprise a trusted advisor to more than a million customers all over the world.

With headquarters in France and 3,400 business partners worldwide, Alcatel-Lucent Enterprise achieves an effective global reach with a local focus.

| | | |

About PT. Nusatrindo Sejati

Since founded in 1990, PT. Nusatrindo Sejati is striving to be customer oriented, and service driven company by providing solutions and best services. It has grown and proven for delivering results to enterprises, small to medium companies, service providers, and government organizations throughout Indonesia with various vertical industries such as banking and finance, educations, health, hospitality, insurance, manufacturing, military, offices, professional services, retail services and telecommunication.

Alcatel-Lucent Enterprise partners with PT. Nusatrindo Sejati to offer Digital Age Communications in Indonesia

Capgemini: Organizations report a four-fold increase in the deployment of generative AI since 2023

  • The vast majority (80%) have increased their year-on-year investment in generative AI
  • Three quarters agree it is helping drive revenue and innovation
  • Almost all organizations (97%) allow employees to use generative AI in some capacity


SINGAPORE – Media OutReach Newswire – 29 July 2024 – Organizations are rapidly embracing generative AI, spurred by an uptick in investment and the value of this transformative technology. It has permeated across sectors and various functions within organizations, driving a shift in operations and business models. That’s according to the Capgemini Research Institute’s latest report, “Harnessing the value of generative AI 2nd edition: Use cases across sectors,” which shows the adoption curve has increased with utilization of use cases across the spectrum. For all organizations, there has been a notable rise, with nearly one quarter currently integrating generative AI into some of their locations or functions, an increase from 6% in 2023.

Early adopters have already begun reaping benefits, ranging from improved operational efficiency to enhanced customer experience and increased sales. For example, on average, organizations realized a 6.7% improvement in customer engagement and satisfaction over the past year in the areas in which the technology has been piloted or deployed.

“Generative AI is starting to transform business and organizations are already seeing concrete growth in revenue, whilst also accelerating innovation. As a result, rather than solely focusing on cost optimization, businesses are actively exploring new avenues to leverage its capabilities and drive value creation,” comments Pascal Brier, Chief Innovation Officer at Capgemini and Member of the Group Executive Committee. “As investment increases, the rise of more complex, autonomous AI systems signals a new era of generative AI that could impact the way companies operate. To propel their AI journeys forward, organizations should establish strong data foundations with clear processes to manage siloed data and enable data integration across functions. Trust, transparency, and accountability will continue to play a central role whilst embracing this next frontier of AI that has the potential to deliver significant value over time.”

AI chatbots are evolving to multi-agent systems [1] that are set to accelerate value creation

Almost three quarters of organizations (74%) agree that generative AI is helping them drive revenue and innovation. As AI technology progresses, it will transition from the role of supportive tool to that of independent agent with increased execution capability, allowing organizations to reimagine the way they do business and create greater value from their AI investments. This potential for value creation has contributed to the emergence of multi-agent systems – a quickly evolving technology with potential to drive increased innovation. The report indicates high levels of trust in AI agents for specific tasks such as generating professional emails, coding, and data analysis. However, it also reveals that leaders are conscious of the need to maintain this trust and ethical transparency in its development and deployment.

Increase in generative AI adoption across all domains includes the use of public tools

The acceleration of generative AI over the past 12 months is not limited to a business level, as recent technological developments have made public tools more accessible to non-experts. As a result, while there has been an increase in its adoption, only 3% of organizations have imposed a ban on the use of public generative AI tools in the workplace. Almost all organizations (97%) allow employees to use generative AI in some capacity, with over half enforcing specific guidelines for employees to follow.

Faced with the fast-paced uptake of generative AI, the report notes that organizations should proceed with a sense of responsibility. Clear guardrails to validate decisions made by multi-agent systems are essential to ensure transparency and accountability in operations and to mitigate the future risks that public tools may pose to their organization.

To access the full report: https://www.capgemini.com/insights/research-library/generative-ai-in-organizations-2024/

Methodology
The Capgemini Research Institute surveyed 1,100 executives employed at organizations with more than $1 billion in annual revenue across 14 countries including Australia, Canada, France, Germany, Italy, India, Japan, the Netherlands, Norway, Singapore, Spain, Sweden, the UK, and the US. Organizations operate across 11 sectors; nearly all (96%) of these organizations have started to explore generative AI. The global survey took place in May and June 2024. Executives surveyed are at director-level and above and represent diverse functions.


[1] Multi-agent systems are defined as technology designed to function independently, plan, reflect, pursue higher-level goals, and execute complex workflows with minimal or limited direct human oversight. Such systems exhibit characteristics traditionally found exclusively in human operators, including decision-making, planning, and adapting execution techniques based on inputs, predefined goals, and environmental considerations.

Hashtag: #Capgemini

The issuer is solely responsible for the content of this announcement.

About Capgemini

Capgemini is a global business and technology transformation partner, helping organizations to accelerate their dual transition to a digital and sustainable world, while creating tangible impact for enterprises and society. It is a responsible and diverse group of 340,000 team members in more than 50 countries. With its strong over 55-year heritage, Capgemini is trusted by its clients to unlock the value of technology to address the entire breadth of their business needs. It delivers end-to-end services and solutions leveraging strengths from strategy and design to engineering, all fueled by its market leading capabilities in AI, cloud and data, combined with its deep industry expertise and partner ecosystem. The Group reported 2023 global revenues of €22.5 billion.

Get the Future You Want |

About the Capgemini Research Institute

The Capgemini Research Institute is Capgemini’s in-house think-tank on all things digital. The Institute publishes research on the impact of digital technologies on large traditional businesses. The team draws on the worldwide network of Capgemini experts and works closely with academic and technology partners. The Institute has dedicated research centers in India, Singapore, the United Kingdom and the United States. It was recently ranked #1 in the world for the quality of its research by independent analysts.

Visit us at

Capgemini: Organizations report a four-fold increase in the deployment of generative AI since 2023

SonicWall Report Details Exponential Increase in Overall Cyberattacks; Reveals Potential Revenue Risk for Businesses

  • At least 12.6% of an organisation’s annual revenues were at risk to cyber threats
  • Sensors detected 125% attack hours – 10 attack hours in an 8-hour workday
  • Businesses endured on average 1,104 hours of critical attacks during a span of 880 working hours; protected from a potential of 46 days of downtime
  • Malware trended up 30% YoY, including a massive 92% spike in May alone
  • Ransomware intensifies in North America (+15%) and explodes in LATAM (+51%)
  • In Asia-Pacific and Japan (APJ), YoY comparison saw malware attacks and IoT attacks increased by 6% and 72% respectively, while cryptojacking decreased by 28%
  • IoT attacks (+107%) and encrypted threats (+92%) continue to climb globally
  • 83% of customer-received alerts seen by our managed services team are related to cloud apps and compromised credentials
  • SonicWall identified 78,923 ‘never-before-seen’ malware variants – 526 a day

SINGAPORE – Media OutReach Newswire – 29 July 2024 – SonicWall today released the 2024 SonicWall Mid-Year Cyber Threat Report, researched and compiled by SonicWall Capture Labs, which unveils yet another rise in overall attacks, after seeing an 11% increase observed in 2023. The report details the evolving threat landscape over the first five months of this year, highlighting the persistent, relentless and escalating nature of cyber threats globally.

This report has been built with SonicWall’s partners in mind, and much like SonicWall itself, has undergone a significant transformation. The report has evolved in how it measures critical cyberthreat data to include time as a factor. It also highlights the latest trends that are impacting our partners and the customers they serve, and for the first time the report ties attacks to tangible business impact, including potential revenue risk.

“As threat actors continue to add more efficient and sophisticated tactics, we knew the threat report had to evolve to suit our partners’ and customers’ needs,” said SonicWall President and CEO Bob VanKirk. “The report is current and includes timely trends and provides our partners, MSPs, MSSPs and customers with actionable intelligence to help them create and implement strategies to help their customers combat these threats whether new or old.”

“Organisations today confront a dynamic threat landscape where threat actors continually innovate to outpace enterprise defenses,” emphasised Debasish Mukherjee, Vice President, Regional Sales, Asia Pacific Japan at SonicWall. “With cyber risks dominating headlines and boardroom discussions globally, the 2024 SonicWall Mid-Year Cyber Threat Report solidifies our position as a trusted authority, bolstering our capacity to deliver robust security solutions to our valued customers.”

Rising Attacks and Revenue Protected

SonicWall intelligence found that on average, companies were under critical attack – the type of attack most likely to deplete business resources – for 1,104 hours out of 880 working hours. That means that customers were shielded from a potential 46 days of business downtime in just the first five months of 2024, protecting 12.6% of total revenues and defending against potentially devastating intrusions.

“The data and examples found in the report provide real life examples of how crafty and swift malicious actors operate, underscoring that traditional cybersecurity defenses often prove to be the most reliable,” said SonicWall Executive Director of Threat Research Douglas McKee. “Data is not just a resource; it’s our frontline defense against cybercrime, revealing critical insights that inform allocation of resources and enable targeted and proactive cybersecurity measures.”

The 2024 SonicWall Mid-Year Cyber Threat Report provides insight on a range of threats, including:

  • Malware – Total global malware volume rose 30% in the first half of 2024, seeing a massive 92% increase in May alone, while APJ saw a YoY increase in malware attacks of 6%.
  • Ransomware – Ransomware is trending up with an increase of +15% in NOAM and a resounding +51% in LATAM, but EMEA is pulling the global numbers down, logging a -49% decrease.
  • IoT Malware IoT attacks rose by 107%, with affected devices averaging 52.8 hours under attack. Additionally, 15% of all malware now uses software packing as its main MITRE TTP. Notably in APJ, IoT attacks increased by 72%.
  • Cryptojacking – After a record-breaking year, Cryptojacking dropped 60%. Most of the globe saw a decrease, with the exception of India, which saw a staggering 409% increase.

“The threat landscape is completely overwhelming for organisations and the teams who defend them,” said SonicWall Partner and Fornida COO Steven Huang. “Most cybersecurity breaches include some degree of human error. Ultimately, there are two ways to battle this; reducing opportunity and educating users. The fewer opportunities there are for an error, the less users will be tested. And the more knowledge they have, the less likely they are to make a mistake even when they face an opportunity to do so.”

Patented RTDMI Discovered ‘Never-Before-Seen’ Malware Variants

SonicWall’s patented Real-Time Deep Memory InspectionTM (RTDMITM) technology identified a total of 78,923 never-before-seen malware variants in the first five months of 2024. The threat landscape remains complex, with over 500 strains of new variants discovered each day.

To learn more about SonicWall and get the complete 2024 SonicWall Mid-Year Cyber Threat Report, please visit www.sonicwall.com/threat-report.

Hashtag: #SonicWall

The issuer is solely responsible for the content of this announcement.

About SonicWall

is a cybersecurity forerunner with more than 30 years of expertise and is recognized as the leading partner-first company. With the ability to build, scale and manage security across the cloud, hybrid and traditional environments in real-time, SonicWall provides seamless protection against the most evasive cyberattacks across endless exposure points for increasingly remote, mobile and cloud-enabled users. With its own threat research center, SonicWall can quickly and economically provide purpose-built security solutions to enable any organization—enterprise, government agencies and SMBs—around the world. For more information, visit or follow us on , , and .

SonicWall Report Details Exponential Increase in Overall Cyberattacks; Reveals Potential Revenue Risk for Businesses

OG of Prawn Claypot, Woodlands Claypot Prawn Brings the Heat to Jurong: Grand Opening of 4th Outlet on July 29, 2024

SINGAPORE – Media OutReach Newswire – 29 July 2024 – Get ready, Jurong! Woodlands Claypot Prawn, the name that has set Singapore’s dining scene ablaze, is all set to spice things up with the grand opening of its fourth outlet on Monday, July 29, 2024. Known for their game-changing take on prawn claypot, this new location promises to be the hottest spot in town.

The culinary journey began on January 4, 2024, when Woodlands Claypot Prawn introduced Singapore to the tantalizing Lala claypot—a Malaysian sensation that quickly became the talk of the town. By February 2024, the founders decided to sell their lucrative Lala Claypot venture and pivoted to establish themselves as the ultimate purveyors of prawn claypot in Singapore.

Fast forward to now, and Woodlands Claypot Prawn has become the undisputed OG of premium charcoal prawn claypot, with three successful existing outlets—two non-halal and one halal in Toa Payoh. The upcoming Jurong outlet will further broaden their appeal, catering to an ever-growing market that craves quality and comfort food.

Leading this exciting new chapter is Jay, co-founder and the energetic frontman behind HZG Group which owns Woodlands Claypot Prawn. Jay and his team have put their heart and soul into developing unique combinations of soup bases and prawns, a process so meticulous it’s been affectionately termed in a Singaporean way “R&D and tasted so much till we are scared.” With premium ingredients sourced from the same supplier trusted by renowned restaurant groups in Singapore, diners can expect nothing short of excellence at a fraction of the cost.

But what makes Woodlands Claypot Prawn truly special is the remarkable story of its founders. This isn’t just a tale of culinary success; it’s a narrative of grit, passion, and camaraderie. The four founders pooled their own money and got their hands dirty, working on the ground for the first two months to build something truly extraordinary.

Jay, the brainy strategic planner of the group, has a background that reads like an entrepreneurial novel. From brokering event tickets at the age of 14 to managing internships and navigating the traditional 9-to-6 grind, Jay’s journey is a validation to independence and innovation. His sister-in-law, Michelle, who transitioned from a career in the Acai distribution industry, and Chee Shan, a direct lineage of Sing Long Group (Godfather of culinary sauces) who forged his own path, each bring their unique flair to the table.

To highlight a key aspect of their story, Jay and their 4th partner, Alvin’s partnership is nothing short of legendary. Alvin’s incredible transformation from a delinquent past to a key societal player showcases how passion and grit can turn the tide. In under six months, the duo built a strong brotherhood that reached new heights during an August 2023 trip to Guangzhou. This adventure quickly thrust them into the entertainment scene, setting the stage for an epic new chapter. The rest, as they say, is history.

For Jay & his partners, this partnership isn’t just business—it’s a serendipitous convergence of fate and meaningful connections that elevate their shared vision.

With several new outlets in the pipeline and thrilling plans for both local and International expansion, Woodlands Claypot Prawn is set to spread its flavorful impact far and wide. The grand opening in Jurong on 29th July 2024 marks just the beginning of an exciting new chapter brimming with delicious opportunities. Investors, partners, and international collaborators are invited to join us on this flavorful journey as we continue to innovate and expand our reach.

Get ready to be part of the next big thing in the culinary world!

Woodlands Claypot Prawn Outlets:

NEW!
5 Soon Lee Street, #01-08
Pioneer Point, Singapore 627607

18 Tampines Industrial Crescent
#01-16, Singapore 528605

10 Marsiling Industrial Estate Road 1,
#01-01, Singapore 739276

9 Toa Payoh Industrial Park,
#01-1209, Singapore 319061 [HALAL]
_______________________________

Official Pages:

FB: Woodlands Claypot Prawn https://www.facebook.com/p/Woodlands-Claypot-Prawn-61556922959490/

IG: @woodlandsclaypotprawn
(https://www.instagram.com/woodlandsclaypotprawn/?hl=en)

Tik Tok: @woodlandsclaypotprawn
https://www.tiktok.com/@woodlandsclaypotprawn?_t=8oP6H4l3fzG&_r=1
Hashtag: #woodlandsclaypotprawn

The issuer is solely responsible for the content of this announcement.

About Woodlands Claypot Prawn:

Woodlands Claypot Prawn is a dynamic dining brand celebrated for its innovative prawn claypot dishes and commitment to culinary excellence. With a focus on premium ingredients and unique flavor combinations, Woodlands Claypot Prawn continues to captivate diners and expand its reach both locally and internationally.

About HZG Group Pte Ltd.

HZG Group Pte Ltd is a multi-faceted Food & Beverage conglomerate dedicated to enhancing lifestyle and habitual enjoyment. We specialize in crafting exceptional dining experiences that seamlessly blend culinary excellence with everyday indulgence. Our commitment to quality and innovation drives us to deliver memorable moments that elevate everyday living, making us a leader in the industry and a partner of choice for those seeking both exceptional food and a vibrant lifestyle.

OG of Prawn Claypot, Woodlands Claypot Prawn Brings the Heat to Jurong: Grand Opening of 4th Outlet on July 29, 2024

BEST Inc. Launches DWS System in Malaysia with Nearly RM10million Investment

The newly built automated line allows DWS contributes to a daily capacity of 500,000 parcel

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 29 July 2024 – BEST Inc., a leading integrated smart supply chain and logistics solutions provider in China and Southeast Asia proudly announces the deployment of its eleven advanced Dimensioning, Weighing, and Scanning (DWS) systems in its largest sorting center in Southeast Asia, located in U10 Shah Alam Malaysia (KULHUB). The total investment in these systems amounts to nearly 10 million Malaysian Ringgit.

Gavin Lu , CEO of BEST Inc. Malaysia ( third from left) officiated the ribbon cutting ceremony
Gavin Lu , CEO of BEST Inc. Malaysia ( third from left) officiated the ribbon cutting ceremony

This strategic initiative is a significant part of BEST Inc.’s efforts to enhance operational efficiency and service quality in response to Malaysia’s burgeoning e-commerce market.

Gavin Lu , CEO of BEST Inc. Malaysia highlighted the importance of this technological advancement, with the introduction of the DWS machine in Malaysia is a significant milestone only for BEST Inc Malaysia.

“As we continue to invest in cutting-edge technologies, this advanced system will streamline our operations, reduce costs, and provide superior service to our customers. Malaysia is a crucial market for us, and we are committed to supporting its growth with our innovative solutions. The DWS technology exemplifies our dedication to optimizing logistics through automation and precision,” Gavin said

The eleven dynamic DWS Machine is an extension of the top-side code reading version, which not only has all the functions of the top DWS, but also further improves the sorting efficiency. The code reading cameras on 5 sides of the frame can simultaneously scan 5 sides of the parcel. In this case , the barcode information, dynamic volume and weight data in all directions of the package can be obtained comprehensively, which reduces the requirements for package placement and improves the identification efficiency in unit time. Improve the automation degree and sorting efficiency of enterprise logistics links.

The newly built automated line allows each DWS to handle 20,000 parcels per hour, contributing to a daily capacity of 500,000 parcels for the KUL Hub.

“The implementation of the DWS machine marks a new era for logistics in Malaysia. By integrating this technology into our operations, we are not only enhancing efficiency but also setting a new standard for the industry. This advancement will enable us to better serve our customers with faster and more accurate parcel processing, ultimately driving customer satisfaction and operational excellence. This is particularly important as Malaysia’s e-commerce market continues to expand rapidly, necessitating more sophisticated and scalable logistics solutions,” said Gavin.

The deployment of the DWS machine in Malaysia aligns with BEST Inc.’s broader strategy to strengthen its presence in Southeast Asia. This follows successful expansions into other regional markets, including Vietnam, Thailand, Malaysia and Singapore,

“These strategic moves are driven by the company’s commitment to innovation and customer satisfaction, aiming to deliver reliable and efficient logistics services across the region. The DWS system is a testament to BEST Inc. commitment to provide high-quality logistics solutions that meet the demands of modern e-commerce and supply chain operations,” Gavin continues.

Hashtag: #BESTInc #BESTExpress #Logistics #Cargo #BESTCargo #CrossBorder #Fulfillment #SaaS #Supplychain




The issuer is solely responsible for the content of this announcement.

BEST Inc

BEST Inc. (NYSE: BEST) is a leading integrated smart supply chain solutions and logistics services provider in China and Southeast Asia. Through its proprietary technology platform and extensive networks, BEST offers a comprehensive set of logistics and value-added services, including freight delivery, supply chain management and global logistics services. BEST’s mission is to empower business and enrich life by leveraging technology and business model innovation to create a smarter, more efficient supply chain.

BEST Inc started its business mapping for Southeast Asia market expansion in 2018. The group completed its express delivery network coverage in Thailand, Vietnam, Malaysia, and Singapore in 2020, and opened up the cross-border logistics network between China and Southeast Asia.

Started with express delivery network in Southeast Asia market, BEST Inc has gradually built-up its global warehouses, cross-border networks, and cargo networks.

BEST Inc. Launches DWS System in Malaysia with Nearly RM10million Investment