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Logpresso launches Korea’s first enterprise-level cloud SIEM service

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SEOUL, South Korea, Sept. 20, 2024 /PRNewswire/ — Cybersecurity specialist Logpresso has announced the launch of Logpresso Cloud, a Cloud SIEM service encompassing on-premise and cloud infrastructure, via the KakaoCloud Seoul Region. 

Logpresso Cloud is the first SaaS-based Cloud SIEM service offered by a Korean vendor. This service allows comprehensive monitoring and automated threat response across existing on-premise infrastructure, as well as a wide range of SaaS, PaaS, and IaaS solutions utilized by many businesses in their daily operations.

Corporate infrastructure is quickly transitioning to the cloud. Previously, on-premise and cloud monitoring solutions were siloed, making it challenging to secure unified visibility in today’s fast-changing cybersecurity threat landscape. However, cybersecurity officers of companies now need to ensure comprehensive visibility across on-premise, cloud, and SaaS environments covering both security and IT resources to respond to cyber security threats effectively.

The Logpresso Cloud service significantly reduces the complexity of security management by leveraging the flexibility and scalability of cloud environments while offering full visibility into the traditional on-premise systems. In particular, it offers enterprise-level SIEM in cloud environments, enabling real-time analysis and automated threat detection and response by integrating security events and log data from various environments. Additionally, log data can be stored cost-effectively for the long term in the cloud environment.

The main features of the Logpresso Cloud service are:

Integrated security monitoring for on-premise and cloud environments: It enables monitoring of the entire infrastructure from a single platform, covering not only on-premise servers and network devices but also cloud resources like AWS, Google Cloud, and Azure, as well as various SaaS such as Microsoft 365 and GitHub. This allows companies to centralize security operations on a cloud-based platform, ensuring comprehensive visibility.SOAR-based automation and orchestration: Security operations can be automated by utilizing SOAR capabilities, allowing for the unified management of security processes that integrate on-premise equipment and cloud services. For example, it is possible to automate response actions for on-premise equipment such as network firewalls, IDS, IPS, and VPNs, while simultaneously applying security measures on cloud resources. This facilitates rapid threat response and significantly alleviates the security team’s workload by minimizing repetitive tasks.Long-term storage of cloud logs: The service offers cost-effective storage options for long-term log retention, helping to meet compliance and security audit requirements while reducing storage costs. Long-term logs are automatically transitioned to long-term storage, significantly saving costs while allowing quick access when needed.Automated threat detection and response: The service utilizes AI and machine learning to detect potential threats in advance and execute automated response procedures. Predefined playbooks trigger immediate actions upon threat detection, allowing the security team to focus on critical tasks.Customizable playbooks: SOAR playbooks can be tailored to meet the specific needs of the organization to develop customized response strategies for particular on-premise equipment or cloud services. This allows companies to optimize security processes and respond to threats more quickly.Logpresso Store for third-party plugins: By installing a variety of apps available in the Logpresso Store, users can immediately utilize third-party features such as log collector, SIEM detection rules, and automated response commands and playbooks. In addition to seamless integration with existing solutions such as EDR, NDR, ASM, and CSPM, various applications—including GitHub and Microsoft 365—can also be directly integrated into SIEM and SOAR systems. This integration not only enhances security operations but also enables organizations to effectively respond to evolving threats, ensuring a robust and agile security infrastructure.Automated compliance report generation: The service offers reporting features designed to assist with compliance requirements such as GDPR and PCI-DSS, enabling organizations to quickly and easily fulfill their regulatory obligations.

Bongyeol Yang, Logpresso’s CEO, stated, “In a hybrid environment where on-premise and cloud infrastructures are mixed, it is crucial for corporate security teams to manage all resources comprehensively and automate threat responses. The Logpresso Cloud service offers high visibility and automated responses in such complex environments, facilitating significant improvements in security operations.”

Logpresso is a cybersecurity company based in Seoul, South Korea, established in 2013. The company secured seed investment from Woori Bank in 2019 and raised USD 4.5 million in Series A funding from KB Investment, K2 Investment, and CJ Investment in 2023.

For more detailed information on Logpresso, visit https://logpresso.com/en 

 

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SOURCE Logpresso

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Experts from SPS North America to share Best Practices at BFSI Conference Expo

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September 20, 2024

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Business Process Outsourcing experts from SPS, a leading provider of Technology Business Solutions, will share best practices related to business transformation and process automation at the Digital Transformation in BFSI Conference Expo in New York on September 26, 2024

NEW YORK, Sept. 20, 2024 /PRNewswire-PRWeb/ — Business Process Outsourcing experts from SPS will be on hand to share best practices at the Digital Transformation in BFSI Conference Expo in New York on September 26, 2024. SPS is a leading innovative outsourcing provider of Technology Business Solutions that help companies automate workflows, streamline processes, and elevate the customer experience.

Through our Lean Six-Sigma methodologies, SPS helps our banking, financial services and insurance clients analyze workflows and build solutions that leverage automation to reduce cycle time, improve quality, and enhance compliance measures.

The Digital Transformation in BFSI Conference Expo is a focused event that unites professionals, experts, and stakeholders from the banking, financial services, and insurance sectors. Its purpose is to discuss, demonstrate, and examine digital innovations and their impact. The event offers a valuable platform for knowledge exchange, networking, and collaboration between industry leaders and technology providers.

SPS is a technology-driven partner, specializing in transforming back-office operations and enhancing client-focused services for leading organizations with 45% of its current clients in the BFSI sectors. The organization offers tailored Technology Business Solutions, focusing on Data & Business Process Management and providing custom solutions for the Health and BFSI sectors to address their specific challenges.

“At SPS, we understand that digital transformation is a never-ending process,” stated Pamela Tom, Vice President, Solution Design, SPS North America. “Through our Lean Six-Sigma methodologies, we help our banking, financial services and insurance clients analyze workflows and build solutions that leverage automation to reduce cycle time, improve quality, and enhance compliance measures. We look forward to connecting and sharing best practices with attendees of the BFSI Conference.”

With a global network of delivery centers, SPS stands out as a trusted outsourcing partner, offering flexible processing options for onshore, nearshore, and offshore delivery. The team of SPS experts utilize industry best practices and cutting-edge automation technologies to elevate business processes all within a certified high-security environment that safeguards sensitive data.

Explore how SPS can drive growth by implementing innovative, tech-enabled solutions at http://www.spsglobal.com.

About SPS
SPS is a leading technology-driven business transformation company. Our Technology Business Solutions bring together cutting-edge technology, deep vertical process expertise, and a diverse global workforce to support clients in their digital transformation journey and efficiently tackle their most complex challenges. With our innovative Enterprise Workplace Solutions, we empower organizations to adopt hybrid work programs to enhance productivity and flexibility.

Headquartered in Zurich, Switzerland, SPS operates in more than 20 countries and focuses on clients in banking, insurance and health. SPS has more than 8,500 employees and is recognized with a world-class NPS by its global client base.

We act with precision, connect people to the right information, and turn data into insights for better outcomes.

Discover how our dedicated team at SPS makes an impact that matters by visiting http://www.spsglobal.com.
SPS. The Power of Possibility.

Media Contact

Janet Tarzia, SPS North America, 1-212-204-0900, janet.tarzia@spsglobal.com, https://www.spsglobal.com

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SOURCE SPS North America

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INGEEK Recognized in 2024 Gartner Market Guide for Fleet Telematics and 2024 China Hype Cycle for Security

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September 20, 2024

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SHANGHAI, Sept. 20, 2024 /PRNewswire/ — INGEEK, a leading provider of innovative intelligent connected vehicle (ICV) technologies, and its Intelligent Connected System (ICS) and Automotive Digital Key have been featured in Gartner’s Market Guide for Fleet Telematics. This recognition highlights INGEEK’s capability to boost efficiency, ensure safety, and enable sustainability in fleet operations and management.

Revolutionizing Fleet Management with INGEEK ICS/Digital Key
INGEEK’s digital key solution establishes connection between the people and vehicle by digitalizing conventional car key into digital twin, which seamlessly integrates with the broader mobility ecosystem and diverse business scenarios.

Business Process Automation with online key sharing, such as contactless pick-up and return.Digital Key Management simplifies key management, reduces administrative overhead, and mitigates the risk of lost or stolen keys.Data Tracking provides insights to fleet performance and health.Enhanced Driver Satisfaction: Convenient features such as proximity lock/unlock provide a seamless driving experience.

Securing Connected Vehicles with INGEEK’s Trust Center for Automotive
Previously, AUGUST 6, INGEEK’s Trust Center was featured in Gartner’s Hype Cycle for Security’s IoT Authentication technology segment. With IoT connections in China projected to reach 8 billion by 2025, robust IoT authentication is critical to protect connected car business-use cases such as V2X communications, OTA, and Digital Key. The Trust Center leverages PKI to ensure top-tier security.

Remarks from Leadership
“We’re proud to be recognized by Gartner, which is the global authority in providing industry technology advisory and insights to executives,” stated Steven Shan, CEO of INGEEK. “Our intelligent vehicle solutions prompt the next wave of smart mobility transformations, and this inclusion is a signal to how OEMs and automotive players are leveraging advanced digitalization technologies to connect the people and vehicle together.”

“Our Trust Center offers robust and scalable authentication mechanisms to safeguard connected vehicles against security threats,” added Feng Li, INGEEK’s Head of Cybersecurity BU.

“Gartner’s Market Guide coincides with our vision for a more connected, secure, and efficient mobility market,” continued William Yuan, Director of Strategy at INGEEK. “Our solutions are not just about technological advancements; they are strategic initiatives aimed at optimizing operations, reducing costs, and ultimately helping fleet operators to expand their mobility business offerings.”

For more information about INGEEK and its solutions, please visit www.ingeek.com
Media Contact: Ms. Fang at jingneng.fang@ingeek.com
Germany Contact: Professor Sachs at hans-ulrich.sachs@hus-online.com
AP/EMEA Contact: Mr. Yuan at guohao.yuan@ingeek.com

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Niutech at the Forefront: U.S.-China Circular Economy Forum Tackles “White Pollution”

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September 20, 2024

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BEIJING, Sept. 20, 2024 /PRNewswire/ — On September 6, 2024, the inaugural U.S.-China Circular Economy Cooperation Forum was held in Beijing. The forum, guided by the U.S.-China Climate Action Working Group Circular Economy Task Force, was co-organized by the China Circular Economy Association and the US-China Business Council. The forum brought together approximately 460 distinguished guests from the National Development and Reform Commission of China, the U.S. Department of State, the U.S. Department of Energy, and other government departments, as well as industry experts, business representatives and scientific research institutions of the two countries. As the domestic leader in continuous pyrolysis technology, Niutech was invited to attend the forum and gave an insightful speech on the topic of waste plastic recycling, and the issues of ‘white pollution’ that can result from it.

The forum was strategically designed to advance the goals outlined in the U.S.-China “The Sunnylands Statement on Enhancing Cooperation to Address the Climate Crisis”. It aimed to create a collaborative platform for both countries’ business community, social organizations, and research institutions to foster exchanges and drive tangible cooperation in the circular economy. 

Zhao Chenxin, Deputy Director of the National Development and Reform Commission, John Podesta, Senior Advisor to the U.S. President on International Climate Policy, Liu Zhenmin, China’s Special Envoy for Climate Change Affairs, and Nicholas Burns, U.S. Ambassador to China attended the opening ceremony of the Forum and delivered a speech, and Xie Feng, Chinese Ambassador to the U.S., made a video message. Deputy Director Zhao Chenxin said that addressing climate change is a common cause for all mankind and cannot be separated from the cooperation between the two global forces, China and the United States.

At the forum, as the international expert in continuous pyrolysis technology, the corporate representative of Niutech shared the cases of waste plastic chemical recycling projects deployed with international giants BASF and Quantafuel in Denmark, Thailand and other countries. This technology enables the transformation of low-value, mixed, and contaminated waste plastics into high-quality fuel oil. 

The fuel oil derived from this process can undergo further refining into naphtha, a critical raw material in the production of new plastics. This advanced recycling process not only diverts plastics from landfills and the environment but also contributes to a circular economy by turning waste into a valuable resource.

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