Technology

Trend Micro CEO Eva Chen Calls for Rebalancing of Security and Business Continuity in Black Hat USA AI Summit Keynote

Published

5 months ago

August 5, 2024

Chen cites recent security outages and the AI revolution as drivers for a new way of thinking

DALLAS, Aug. 5, 2024 /PRNewswire/ — Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today announced that its CEO and Co-founder, Eva Chen, will call for the industry to commit to change following the catastrophic CrowdStrike outage, highlighting that cybersecurity should never come at the expense of business progress and continuity.

Eva will share insights from thousands of enterprise customers, highlighting factors that culminated in a global outage.

Join Eva at The AI Summit, Tuesday August 6 at 9:55am for her keynote. Location: South Pacific F, Level O at Mandalay Bay.

As the longest serving cybersecurity executive in the industry, Eva has been defending data from adversaries long before Black Hat has existed as an event. During her keynote, she will share guidance reflected in the CEO blog covering:

unifying business goals with cybersecurityprotecting and enabling the workforceprotecting business intelligence to power innovation and increase productivity

Eva Chen, CEO at Trend Micro: “As ownership of cybersecurity shifted from IT operations to the SOC, the gap widened between the goals of cybersecurity and the business. The outage is symptomatic of this imbalance. Organizations and the vendor community must realign security goals to better support business continuity and deliver sustainable security and business operations. And as an industry, we need to think more creatively about how to support these requirements.”

Frank Dickson, Group Vice President, Security & Trust at IDC: “The recent outages expose just how fragile our IT stack can be. “Silent patching” or “silent upgrades,” where the customers often do not have the luxury of QA’ing updates are now calling into question if the implicit trust that we have with our software vendors and needs to be revisited. So too does the topic of system rollback and recovery, available in many virtualized environments. Finally, mission-critical servers are not desktop computers as should not be treated as such. Using helmets in a car or seatbelts on a motorcycle will improve your safety, but I would not bet my life on them. Protecting mission-critical servers with a solution meant for a laptop seems equally as silly.”

During her keynote at Black Hat USA, Eva will share insights gleaned from thousands of enterprise customers, highlighting a lack of alignment with the concerns of the business, irresponsible quality assurance (QA) processes, and a one-size-fits-all approach from endpoint security vendors that ultimately culminated in a global catastrophic failure.

Among global enterprises and the wider vendor community, cyber must go beyond detection to also take account of availability and continuity requirements. For many SOC teams, this journey has already begun—by framing cyber in terms of holistic business risk mitigation, organizations have worked toward unifying technical and non-IT goals.

Yet on the endpoint, there is opportunity and progress required, with most vendors persisting with rigid, single-agent approaches that can amplify business continuity risk. Endpoint, server and workloads have unique risk profiles and require specialized protection. A custom, modular agent approach as championed by Trend Micro enables IT teams to turn on (and off) a wide range of platform features—deploying what’s required, where it’s required and when. The result is optimized security and enhanced business resilience.

The need for industry change is even more acute as AI becomes integrated deeper into IT and business operations. Against this backdrop, Eva will share that security and business continuity must advance in lockstep or risk catastrophic events like the world recently experienced.

Certain statements included in this press release that are not historical facts are forward-looking statements. Forward-looking statements are sometimes accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements concerning the advantage of our modular agent approach, a particular updating, patching, or operational methodology, or any other strategy, method, or technology to avoid or mitigate a potentially catastrophic event. These statements are based on our current expectations and beliefs and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Although we believe that the expectations reflected in our forward-looking statements are reasonable, we do not know whether our expectations will prove correct. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, even if subsequently made available by us on our website or otherwise. We do not undertake any obligation to update, amend or clarify these forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

About Trend Micro
Trend Micro, a global cybersecurity leader, helps make the world safe for exchanging digital information. Fueled by decades of security expertise, global threat research, and continuous innovation, Trend Micro’s AI-powered cybersecurity platform protects hundreds of thousands of organizations and millions of individuals across clouds, networks, devices, and endpoints. As a leader in cloud and enterprise cybersecurity, Trend’s platform delivers a powerful range of advanced threat defense techniques optimized for environments like AWS, Microsoft, and Google, and central visibility for better, faster detection and response. With 7,000 employees across 70 countries, Trend Micro enables organizations to simplify and secure their connected world. www.TrendMicro.com.

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SOURCE Trend Micro Incorporated

Technology

JinkoSolar Announces Results of 2024 Annual General Meeting

Published

16 minutes ago

December 27, 2024

SHANGRAO, China, Dec. 27, 2024 /PRNewswire/ — JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that all shareholders resolutions proposed at the Company’s 2024 annual general meeting held today were duly passed. Specifically, the Company’s shareholders passed the following resolutions approving:

The re-election of Mr. Xianhua Li as a director of the Company;The re-election of Mr. Steven Markscheid as a director of the Company;The ratification of the appointment of Mr. Gang Chu as an independent director of the Company and the re-election of him as an independent director of the Company;The ratification of the appointment of PricewaterhouseCoopers Zhong Tian LLP as auditors of the Company for the fiscal year of 2024;The authorization of the directors of the Company to determine the remuneration of the auditors of the Company; andThe authorization of each of the directors of the Company be authorized to take any and all action that might be necessary to effect the foregoing resolutions 1 to 5 as such director, in his or her absolute discretion, thinks fit.

About JinkoSolar Holding Co., Ltd.

JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, Netherlands, Poland, Austria, Switzerland, Greece and other countries and regions.

JinkoSolar had over 10 productions facilities globally, over 20 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, the United States, Mexico, Brazil, Chile, Australia, Canada, Malaysia, the United Arab Emirates, Denmark, Indonesia, Nigeria and Saudi Arabia, and a global sales network with sales teams in China, the United States, Canada, Brazil, Chile, Mexico, Italy, Germany, Turkey, Spain, Japan, the United Arab Emirates, Netherlands, Vietnam and India, as of September 30, 2024. To find out more, please see: www.jinkosolar.com

For investor and media inquiries, please contact:

In China:

Ms. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Email: ir@jinkosolar.com

Mr. Rene Vanguestaine
Christensen
Tel: +86 178 1749 0483
Email: rene.vanguestaine@christensencomms.com

In the U.S.:

Ms. Linda Bergkamp
Christensen, Scottsdale, Arizona
Tel: +1-480-614-3004
Email: linda.bergkamp@christensencomms.com

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SOURCE JinkoSolar Holding Co., Ltd.

Technology

Inkan.link Debuts at CES 2025 with Revolutionary Anti-Fraud Solution as Business Email Compromise Reaches $5B Annual Loss

Published

16 minutes ago

December 27, 2024

LAS VEGAS, Dec. 27, 2024 /PRNewswire/ — In its first-ever CES appearance, European deeptech pioneer Inkan.link unveils Sealfie, a groundbreaking solution to combat the escalating Business Email Compromise (BEC) crisis that costs businesses $5 billion annually. Forget complex security protocols – Sealfie turns a simple selfie into an unbreakable chain of evidence. Multiple attestations work silently in the background while executives simply snap and approve. If it’s not this easy, question why.

“When criminals can perfectly imitate your CEO’s voice and writing style for less than $400, traditional fraud prevention becomes obsolete,” explains Nicolas Thomas, Inkan.link’s founder and 25-year enterprise technology veteran. “Sealfie’s approach is revolutionary in its simplicity – if your CEO won’t take a selfie to approve a major transaction, they’re probably an impostor.”

The strategic partnership between Inkan.link and https://ShareID.ai/, announced at CES, marks a new era in business transaction security. By combining our technologies, we’ve created a seamless verification ecosystem where multiple expert teams work silently in the background while users enjoy a remarkably simple experience. When suspicious activity occurs, IT professionals from both companies spring into action – no user training required, just instant expert protection.

The fraud landscape has fundamentally changed: WormGPT now enables criminals to create flawless CEO impersonations for $100/month, rendering traditional security checks useless. Sealfie (https://sealf.ie/en) meets this challenge with state of the art protection wrapped in consumer-grade simplicity.

Accessible globally through major app stores, our solution deploys instantly and scales effortlessly. Organizations can start protecting their transactions immediately with our €95/month per user subscription, while enterprise clients benefit from customized solutions that complement existing processes.

“Traditional security training tells users what they did wrong. We empower IT professionals to actually help users prevent fraud before it happens.”

Visit Inkan.link Booth Venetian Expo, Hall G – 60711 for:

Live demonstrations of Sealfie technologyEnterprise integration consultationsInvestement opportunityDiscover Sealfie and deepfake-proof your business finances

About Inkan.link

Inkan.link is a European deeptech pioneer that builds deepfake-proof digital services, with its first solution Sealfie protecting enterprises from Business Email Compromise epidemic. Nicolas Thomas and backed by the L3i Laboratory’s anti-fraud expertise, we’ve developed patented blockchain technology that makes legitimate transactions unquestionably authentic through multi-source verification.

Media Resources:

BEC Fraud Analysis: https://inkan.link/en/posts/blog-bec-5billions-annum-scam/

Case Studies: https://inkan.link/en/posts/blog-save-accountant-ryan/

UNO/ITU-T speech on AI for good: https://inkan.link/en/posts/news-itu-t-workshop-securing-ai/

VIPRE’s Email Threat Trends Report: Q3 2024: https://vipre.com/resources/q3-2024-email-threat-report/

BEC is the new weapon of choice https://www.darkreading.com/cloud-security/business-email-compromise-bec-impersonation-the-weapon-of-choice-of-cybercriminals

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SOURCE Inkan.link

Technology

China Report ASEAN: Lighting Up Lives

Published

16 minutes ago

December 27, 2024

BEIJING, Dec. 27, 2024 /PRNewswire/ — A news report from China Report ASEAN:

Any time of the year, Hami, a city in northwest China’s Xinjiang Uygur Autonomous Region, is memorable for its unique food and stunning landscapes set against the majestic Tianshan Mountains. However, September’s significant temperature drops once the sharp rays of sunset beneath the Gobi Desert make Hami an even more fascinating seasonal destination.

The renowned sun-drenched scenery is ideal for renewable energy projects such as wind, solar, and hydrogen power. The region also hosts one of China’s two supercomputers, which requires significant energy.

A key city in Xinjiang, Hami has attracted substantial investment in renewable energy. Though not a typical tourist destination, Hami now symbolizes Xinjiang’s expanding new-energy sector. Its strategic position between the Gobi Desert and the Tianshan Mountains creates a natural wind corridor that produces consistent, high-speed winds perfect for turbines. Wind turbines and solar panels can be found all over Hami’s landscapes.

Hami has utilized its vast land and favorable wind conditions to develop large-scale wind and solar projects, contributing 10 GW to Xinjiang’s total 70 GW renewable energy capacity. On August 25, 2024, Hami’s Vice Mayor Li Jianyong highlighted the city’s role in China’s renewable energy efforts. “Hami is one of the best regions in China for wind and solar energy,” he declared.

Baili Wind Zone

In a treeless desert, the turbines of Baili Wind Zone look like a forest.

Baili Wind Zone, also known as the Hundred Mile Wind Zone, is a prominent project in Hami. The 231-square-kilometer project is the result of a wind-storage integration initiative introduced because 66.3 percent of Xinjiang’s wind resources are located in Hami. The project is expected to generate 3 billion kilowatt-hours of electricity annually, equivalent to the energy use of 900,000 tons of standard coal, reducing carbon dioxide emissions by about 2.8 million tons.

The Shisanjianfang wind-storage power station, located at the heart of Baili Wind Zone, is Xinjiang’s largest integrated wind-storage project. Developed by China State Shipbuilding Corporation Wind Power Development Co., Ltd. and Hami State Investment, it is a benchmark for high-quality new energy development and the first cross-city new energy project in Xinjiang.

SANY Wind Equipment Manufacturing

One of China’s largest companies, SANY is investing big in renewable energy.

SANY Renewable Energy’s Large Megawatt Intelligent Wind Equipment Manufacturing Industrial Park, located in Balikun County of Hami, is a major facility for producing large megawatt wind turbines and ultra-long blades. Spanning 675 acres and with nearly 1 billion yuan (US$141.73 million) invested, the park includes a factory and office building. As of July 2024, construction was complete, and trial production had begun.

The park produces onshore wind turbines over 10 MW and blades longer than 110 meters every year. It plans to manufacture 400 turbines and 1,200 blades annually to support the “Xinjiang Power to Chongqing” initiative. The park focuses on automation, intelligent manufacturing, and digital management, aiming to become SANY Renewable Energy’s leading “zero-carbon industrial park” known for quality, efficiency, cost-effectiveness, and environmentally friendly operations.

World’s First UHVDC Transmission Project

Hami is home to the world’s first ultra-high voltage direct current (UHVDC) transmission project, the ±800 kV Southern Hami-Zhengzhou UHVDC Transmission Project. This project, part of China’s strategy to transmit electricity from Xinjiang to central China, extends 2,192 kilometers from the Tianshan Converter Station in Xinjiang through Gansu Province, Ningxia Hui Autonomous Region, Shaanxi Province, Shanxi Province, and Henan Province, ending at the Zhongzhou Converter Station in Zhengzhou, provincial capital of Henan. With a rated voltage of ±800 kV, a DC of 5,000 A, and a transmission capacity of 8,000 MW, it delivers 50 billion kWh annually—equivalent to 23 million tons of coal—while funneling 100 billion yuan (US$14.17 billion) of investment to Xinjiang. Approved in May 2011, construction began in May 2012, and structures became operational on January 27, 2014. The Tianshan Converter Station features over 80 percent localized equipment including advanced Chinese-developed thyristors and transformers.

In 2023, Hami launched the Hami-Chongqing ±800 kV UHVDC Transmission Project for both its coal and renewable energy resources, with new energy accounting for 71.83 percent of the planned 14.2 million kilowatts. The project aims to boost Xinjiang’s power transmission capacity, support regional economic growth, and enhance national energy security.

The Tianshan Converter Station, located in Nanhu Township, Yizhou District, Hami City, covers 519.1 acres and is equipped with advanced technology. Xinjiang’s significant coal, solar, and wind energy resources make it a crucial energy hub.

Green Computing Power

Hami is also home to a museum showcasing China’s supercomputer and its applications. Placing the supercomputer in a major energy base like Hami made sense because it consumes so much energy. Given the high electricity demands of data centers, China is incorporating green energy into its computing infrastructure, with western regions leveraging renewable resources to build large data centers.

With 65.8 percent of its 25.98-million-kilowatt power capacity generated from renewables, Hami is an ideal green energy hub. The city’s coal chemical industry helps regulate peak new energy usage, reducing costs.

The Hami Integrated Computing Center, completed with a 97 million yuan (US$13.75 million) investment, features intelligent, supercomputing, and general computing capabilities. It includes eight intelligent computing servers, 80 supercomputing nodes, and 100 general computing servers to deliver about 150 PFLOPS of power. The center is now serving sectors like healthcare, wind power, and the metaverse and plans to explore quantum computing and further applications with institutions like the Chinese Academy of Sciences and Tsinghua University.

High Quality Development

A few other advanced technology industries in Hami provide support to the renewable energy sector while also delivering important products to the country.

With an investment of 4 billion yuan (US$567 million), Qingdian Silicon Industry Co., Ltd. produces monocrystalline silicon rods and slices, contributing to Hami’s development of a complete silicon photovoltaic industry chain. The company’s facilities will support the growing solar energy sector in Hami.

Xinjiang Xiangsheng New Materials Technology Co., Ltd. was the first in China to cover the entire titanium industry chain from ore extraction to final products. The company, with an annual production capacity of 20,000 tons, aims to become a global leader in titanium production and meet Hami’s ambition to become a major titanium industry hub.

Hami is advancing its hydrogen energy industry with significant investments in hydrogen production, storage, and refueling infrastructure. The city plans to deploy 500 hydrogen fuel vehicles and 15 refueling stations by the end of 2024 to become a leading base for hydrogen energy and transportation. Guanghui Energy Co., Ltd. is investing 150 million yuan (US$21 million) to develop a hydrogen production, storage, and refueling station. The project features a 6 MW wind and solar power setup and a 2-ton per day hydrogen station to support 10 hydrogen trucks transporting coal.

Hami is emerging as a major player in China’s renewable energy landscape. Leveraging its natural resources and strategic investments in wind, solar, and hydrogen technologies, the city is setting benchmarks for energy production and sustainability. As it continues to expand its renewable energy projects and infrastructure, Hami is not only contributing to China’s energy goals but also shaping the future of green technology.

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SOURCE China Report ASEAN