Technology

Trend Micro CEO Eva Chen Calls for Balancing Risk and Resilience in GovWare 2024 Keynote in Singapore

Published

3 hours ago

October 15, 2024

Chen calls for new way of thinking in light of AI revolution and the critical need for greater visibility into risk across growing attack surfaces

SINGAPORE, Oct. 15, 2024 /PRNewswire/ — Global cybersecurity leader Trend Micro Incorporated (TYO: 4704; TSE: 4704) announced that its CEO and Co-Founder, Eva Chen, will call for a much-needed rebalance in the cybersecurity industry at the GovWare Conference and Exhibition 2024 in Singapore. This comes as a new study by the company reveals how devices, accounts, and cloud assets are most at risk in Southeast Asia and globally, underscoring the critical need for network defenders to gain greater visibility into risk across their attack surface.

Trend Micro’s latest Cyber Risk Report found that unauthorised access to high-risk cloud applications emerged as the top risky event in Southeast Asia in the first half of 2024, as organisations across the region increase their reliance on cloud services and look to seize opportunities in advanced technologies like artificial intelligence (AI). The study examined risk across various assets with telemetry data from the Trend Vision One™ platform to determine where risks are greatest within organisations.

Old and inactive accounts, as well as sensitive data being sent outside the network, were identified as other frequently occurring risk events across the region. As such, the report found that Southeast Asia had the second-highest average risk among regions after the Americas, with an average risk rating of 43.2. Telecommunications, agriculture, and education were the top three industries in the region with the highest average risk score.

As the longest-serving cybersecurity executive in the industry, Eva will take the stage at the GovWare Conference and Exhibition 2024—Asia’s premier cybersecurity platform—to unpack how the industry needs to change to balance technology risk and resilience in the AI era. Leveraging insights gleaned from thousands of enterprise customers, she will also share how shifting towards a more risk-based approach to cybersecurity is a critical step in realigning security goals with business goals, improving organisations’ cybersecurity posture while supporting innovation and business continuity.

Eva Chen, CEO at Trend Micro: “We’re at a pivotal moment where cybersecurity must evolve beyond just defending against threats. As organisations race to embrace AI and other transformative technologies, they face a dual challenge—protecting against increasingly sophisticated attacks while enabling innovation and growth. The future of our industry hinges on our ability to balance these priorities. Organisations must proactively manage their cyber risks, starting with building comprehensive visibility and understanding of their attack surfaces. This will ensure organisations can innovate confidently while maintaining their resilience in this rapidly evolving digital landscape.”

During her keynote at the GovWare Conference and Exhibition 2024, Eva will delve into:

The importance of developing a blend of proactive and reactive strategies to help security teams anticipate and predict risk and threat activity with accuracy across the attack surfaceHow integrating security operations and detection excellence with business continuity planning will be table stakes moving forward.Why breaking down data siloes, enhancing business intelligence, and accelerating individuals within the enterprise requires a new layer of sophisticated security strategies to protect this era of AI-driven operations.

Join Eva at the GovWare Conference and Exhibition 2024 on Wednesday, October 16 at 12:30pm for her keynote. Location: Level 4, Room GW1, Sands Expo and Convention Centre.

To read a full copy of the report, Intercepting Impact: 2024 Trend Micro Cyber Risk Report, please visit: https://www.trendmicro.com/vinfo/sg/security/news/cybercrime-and-digital-threats/intercepting-impact-2024-trend-micro-cyber-risk-report

About Trend Micro’s 2024 Cyber Risk Report
Trend Micro’s 2024 Cyber Risk Report is based on telemetry data from Trend Micro’s Attack Surface Risk Management (ASRM) solution in its flagship cybersecurity platform, Trend Vision One, plus the native eXtended Detection and Response (XDR) tools. It’s divided into two sections: the user side covers risk in assets, processes, and vulnerabilities, while the adversary side maps adversary behaviours, MITRE, and TTPs. Global data points are based on telemetry from December 25, 2023, to June 30, 2024, while Southeast Asia data points are based on telemetry from January 1, 2024, to June 30, 2024.

Using a risk event catalogue, the Trend Vision One™ platform calculates a risk score for each asset type and an index for organizations by multiplying an asset’s attack, exposure, and security configuration by impact. An asset with low business impact and few privileges has a smaller attack surface, while higher-value assets with more privileges have a larger attack surface.

About Trend Micro
Trend Micro, a global cybersecurity leader, helps make the world safe for exchanging digital information. Fuelled 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 defence 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

Technology

Introducing TuniTuni to Malaysia: Korea’s No. 1 Storytelling Play Gym Now Open in Kuala Lumpur

Published

2 hours ago

October 15, 2024

KUALA LUMPUR, Malaysia, Oct. 15, 2024 /PRNewswire/ — With the arrival of TuniTuni, Korea’s No. 1 storytelling play gym, a world of adventure and learning awaits young children in Malaysia. Launching its first center in Malaysia on October 13th, TuniTuni brings a fresh approach to early childhood education for children ages 1 to 5, combining movement, imagination, and real-life scenarios to foster physical development, emotional intelligence, and a lifelong love for activity.

With a rich history since 2003, TuniTuni has become a key part of early childhood education in Korea. In fact, one in six Korean children has experienced its unique blend of learning and play. What sets TuniTuni apart, is its ever-changing weekly program, which ensures children stay engaged and excited with new topics and activities each week.

At TuniTuni Malaysia, children develop gross and fine motor skills through carefully crafted play materials and guided activities. Each session is designed to encourage kids to try new movements, explore creative topics, and learn through hands-on play. Storytelling is at the heart of every activity, helping children retain knowledge while keeping their curiosity alive.

TuniTuni’s mission is simple: to build confidence in physical activity and explore movement as a natural part of children’s lives. Through step-by-step exercises designed for success, TuniTuni helps children cultivate a positive attitude toward physical activity from an early age. At the same time, TuniTuni creates meaningful connections between parents and children, fostering shared experiences that strengthen family bonds. The joyful memories made during these early years will last a lifetime.

Parents eager to discover more about TuniTuni Malaysia can take advantage of the special Opening Promotion, which includes a Free Trial Class, a Registration Fee Waiver, and exclusive gifts like a TuniFriends Doll or Ball and a TuniTuni T-shirt (while stocks last). To sign up, contact +6012-227 1670 or message TuniTuni Malaysia on Instagram and Facebook.

The TuniTuni center is located at United Point Mall, Unit 1-08 & 1-09, First Floor, No. 10, Jalan Lang Emas, 51200 Kuala Lumpur. Parents are welcome to visit anytime. For more details, visit the TuniTuni global website at tunituniglobal.com.

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SOURCE TuniTuni Malaysia

Technology

UnionPay International Signs MOU with Vietnam’s NAPAS

Published

2 hours ago

October 15, 2024

China-Vietnam QR code interoperability speeds up

HANOI, Vietnam, Oct. 15, 2024 /PRNewswire/ — On October 13, UnionPay International (UPI) and the National Payment Corporation of Vietnam (NAPAS) signed a Memorandum of Understanding (MOU) in Hanoi. Both parties agree to deepen the collaboration on cross-border QR code interoperability and enable QR payments by UnionPay and Vietnamese local bank applications/e-wallets on each other’s networks, so as to enhance the experience of users from both countries. Mr. Dong Junfeng, Chairman of UnionPay International, and Mr. Nguyen Quang Hung, BOD Chairman of NAPAS, attended the signing ceremony.

Mr. Dong Junfeng said that UnionPay, as China’s important financial infrastructure and a leading global card scheme, while improving its own acceptance network, has been actively driving interoperability with payment networks in international markets to build an open and inclusive ecosystem. This partnership model has been widely implemented in ASEAN countries. The collaboration in Vietnam, as the latest achievement, will provide convenient payment services for the Chinese and Vietnamese as they travel across borders, help both countries promote the high-quality cooperation of the Belt and Road Initiative, and contribute to China’s high-standard opening up.

On August 19, 2024, the central banks of China and Vietnam signed an MOU to further promote collaborative efforts in areas including cross-border payment interoperability. In line with this framework, UPI has been deepening collaboration with NAPAS and will open up the UnionPay network to Vietnamese wallets on a large scale. In the future, Vietnam’s local banking app and e-wallet users will be able to scan UnionPay QR for payment in China’s mainland.

The collaboration is significant in that it enhances UnionPay’s service capability to support both inbound and outbound payments, making payments easier for Vietnamese visitors to China. In addition, it helps drive the transformation of the payment industry in Vietnam by supporting local banking apps and e-wallets to expand their use only in domestic but also in the partner country. Moreover, it sets an example of payment network collaboration for the neighboring countries and brings network linkages between China and ASEAN countries to a new level.

Network interoperability is UnionPay’s innovative collaboration model for QR networks, which allows UnionPay and its international partners to quickly enable mutual acceptance on a large scale through simple integration. The model has been widely recognized by international industry stakeholders since its launch. Up to now, UnionPay’s partnerships with QR code networks in South Korea, Sri Lanka, Cambodia, Malaysia and Laos have increased the number of UnionPay QR merchants to 8 million outside China’s mainland, proving to be increasingly effective as it scales up.

UnionPay’s acceptance network has been extended to 183 countries and regions. Outside China’s mainland, over 69 million online and physical merchants support UnionPay cards, and nearly 250 million UnionPay cards have been issued in 83 countries and regions. In Southeast Asia in particular, UnionPay has been enabled for over 90% ATMs and POS terminals, and UnionPay mobile payment is available in all ten ASEAN countries. A total of nearly 50 million cards have been issued in the region and 30+ UnionPay-powered wallets launched. In Vietnam, more than 90% of merchant POS terminals take UnionPay cards, over 60,000 merchants support QR payments, and multiple local organizations have issued UnionPay cards on a large scale and launched UnionPay-powered wallets.

View original content:https://www.prnewswire.com/apac/news-releases/unionpay-international-signs-mou-with-vietnams-napas-302275800.html

SOURCE UnionPay International

Technology

The Enterprise Asia Linchpin of Asia Awards 2024 commemorates Taiwan Alpha Electronic Co., Ltd.

Published

2 hours ago

October 15, 2024

SINGAPORE, Oct. 15, 2024 /PRNewswire/ — The prestigious Enterprise Asia Linchpin of Asia Awards 2024 showcased the pinnacle of excellence among Asia’s most distinguished industry leaders and enterprises, with a grand celebration at the Bangkok Marriott Hotel The Surawongse, Thailand. Organized by regional NGO Enterprise Asia, the Linchpin of Asia Awards is a premier recognition program dedicated to honoring only the most excellent and elite industry leaders and enterprises exclusively selected across Asia.

Taiwan Alpha Electronic Co., Ltd. (Taiwan Alpha) embarked on its journey in 1970 as the pioneering potentiometer manufacturer in Taiwan that specializes in designing and manufacturing potentiometers, switches, and encoders, which are widely utilized in professional audio, lighting, and home appliances. Over the years, Taiwan Alpha has solidified its position as a key player in this field, establishing a robust presence in the market.

Despite its market position in industry, Taiwan Alpha remains committed to challenging itself, embracing competition, and pursuing growth. Through strategic planning and consistent investments in research and development, the company has successfully integrated flexible membrane sensors—including force, stretch, bend and position sensing—into its core business, while also tapping into emerging markets such as wearable devices and rehabilitation.

In recent years, Taiwan Alpha has experienced significant growth and development. Despite maintaining a consistent number of offices, the company strategically expanded its manufacturing capabilities to meet the growing demand for membrane sensors. Through initiatives like automation, which streamlines operations, boosts production capacity, and cuts lead times, demonstrating the company’s commitment to operational excellence. This has resulted in a more efficient workforce, increased competitiveness, and enhanced overall customer satisfaction.

Financially, Taiwan Alpha has consistently been profitable even during the COVID-19 pandemic. This enduring profitability is attributed not only to operational excellence initiatives but also to comprehensive asset management practices, including a thorough inventory assessment and the effective utilization of existing assets. These ensure the company’s resource optimization and provide a healthy financial structure for sustainable growth.

To expand its international presence, Taiwan Alpha has implemented various strategies. These include participation in overseas exhibitions and the formation of active partnerships with distributors, aiming to diversify its customer base and establish a stronger foothold in new markets. Moreover, by analyzing customer inquiries and product interest levels during exhibitions, Taiwan Alpha refines its investment focus on areas with the most potential, further enhancing its market penetration strategy.

As a company spanning over 50 years, Taiwan Alpha recognizes the importance of a succession plan for sustained success. The company prioritizes nurturing internal talent and grooming future leaders through investments in professional development and advancement opportunities. This strategic approach aims to build up a robust leadership pipeline, positioning Taiwan Alpha for enduring success.

This recipient of the prestigious Linchpin of Asia Award has established its position as a leading force in the manufacturing industry. This recognition underscores the company’s significant influence on the Asian business landscape.

PR Newswire is the Official News Release Distribution Partner of the Enterprise Asia Linchpin of Asia Awards 2024.

About Enterprise Asia

Enterprise Asia is a non-governmental organization in pursuit of creating an Asia that is rich in entrepreneurship as an engine towards sustainable and progressive economic and social development within a world of economic equality. Its two pillars of existence are an investment in people and responsible entrepreneurship. Enterprise Asia works with governments, NGOs, and other organizations to promote competitiveness and entrepreneurial development, uplift the economic status of people across Asia, and ensure a legacy of hope, innovation, and courage for future generations. Please visit www.enterpriseasia.org for more information.

About Enterprise Asia Linchpin of Asia Awards

The prestigious Enterprise Asia Linchpin of Asia Awards is a premier recognition program dedicated to honoring only the most excellent and elite industry leaders and enterprises exclusively selected across Asia. The award honors the best business leaders and enterprises in Asia who have triumphed in the ever-changing waters of business, forging success at the peak of their respective industries. For further information, please visit www.apea.asia/linchpinofasiaawards.

View original content:https://www.prnewswire.com/apac/news-releases/the-enterprise-asia-linchpin-of-asia-awards-2024-commemorates-taiwan-alpha-electronic-co-ltd-302275801.html

SOURCE Enterprise Asia