Category: Internet Communications Technology

  • MIL-OSI Asia-Pac: Joint Statement on Strengthening ASEAN-India Comprehensive Strategic Partnership for Peace, Stability and Prosperity in the Region in the context of the ASEAN Outlook on the Indo-Pacific (AOIP) with the support of India’s Act East Policy (AEP)

    Source: Government of India (2)

    Posted On: 10 OCT 2024 5:41PM by PIB Delhi

    WE, the Member States of the Association of Southeast Asian Nations (ASEAN) and the Republic of India, gathered on the occasion of the 21st ASEAN-India Summit on 10 October 2024 in Vientiane, Lao PDR;

    REAFFIRMING our commitment to promote the ASEAN-India Comprehensive Strategic Partnership, guided by the fundamental principles, shared values and norms that have steered the ASEAN-India Dialogue Relations since its establishment in 1992, including those enunciated in the Vision Statement of ASEAN-India Commemorative Summit (2012), the Delhi Declaration of the ASEAN-India Commemorative Summit to mark the 25th Anniversary of ASEAN-India Dialogue Relations (2018), the ASEAN-India Joint Statement on Cooperation on the ASEAN Outlook on the Indo-Pacific for Peace, Stability, and Prosperity in the Region (2021), the Joint Statement on ASEAN-India Comprehensive Strategic Partnership (2022), the ASEAN-India Joint Statement on Maritime Cooperation (2023) and ASEAN-India Joint Leaders’ Statement on Strengthening Food Security and Nutrition in Response to Crises (2023);

    WELCOMING the Decade of Act East Policy of India, where ASEAN is at the heart and of utmost priority, which has contributed to advancing ASEAN-India relations through cooperation in areas of political-security, economic, cultural and people-to-people relations;

    ACKNOWLEDGING the deep civilisational linkages and cross-cultural exchanges, facilitated through both land and maritime routes between Southeast Asia and India, encompassing the various seas and oceans of the Indo-Pacific, providing a strong foundation for the ASEAN-India Comprehensive Strategic Partnership;

    WELCOMING the activities and initiatives held in the year 2024 on the occasion of the decade of Act East Policy to further strengthen the ASEAN-India Comprehensive Strategic Partnership;

    RECOGNISING India’s support for ASEAN Centrality and unity in the evolving regional architecture and its commitment to work closely through ASEAN-led mechanisms and fora including the ASEAN-India Summit, East Asia Summit (EAS), Post Ministerial Conference with India (PMC+1), ASEAN Regional Forum (ARF), ASEAN Defence Ministers’ Meeting Plus (ADMM-Plus) and Expanded ASEAN Maritime Forum (EAMF) as well as support to ASEAN integration and the ASEAN Community building process including Master Plan for ASEAN Connectivity (MPAC) 2025, Initiative for ASEAN Integration (IAI) and ASEAN Outlook on the Indo-Pacific (AOIP);

    NOTING the United Nations General Assembly (UNGA) Resolution A/RES/78/69 which emphasises, in the Preamble, the universal and unified character of the 1982 United Nations Convention on the Law of the Sea (UNCLOS), and reaffirms that the Convention sets out the legal framework within which all activities in the oceans and seas must be carried out and is of strategic importance as the basis for national, regional and global action and cooperation in the marine sector, and that its integrity needs to be maintained;

    APPRECIATING efforts towards implementation of the ASEAN-India Joint Statement on Cooperation on the ASEAN Outlook on the Indo-Pacific for Peace, Stability, and Prosperity in the Region through trust and confidence based on shared democratic values, strong belief in sovereignty and territorial integrity, and a shared commitment to the rule of law and the principles of the UN Charter;

    REAFFIRMING our commitment to upholding multilateralism, the purposes and principles enshrined in the UN Charter and respect for international law, while recognising ASEAN’s rising global relevance and unique convening power amid the emerging multipolar global architecture and noting the growing and active role of India in major international economic and political affairs.

    Do hereby declare to

    1. Reaffirm the importance of maintaining and promoting peace, stability, maritime safety and security, freedom of navigation and overflight in the region, and other lawful uses of the seas, including unimpeded lawful maritime commerce and to promote peaceful resolutions of disputes, in accordance with universally recognised principles of international law, including the 1982 UNCLOS, and the relevant standards and recommended practices by the International Civil Aviation Organization (ICAO) and the International Maritime Organization (IMO). In this regard, we support the full and effective implementation of the Declaration on the Conduct of the Parties in the South China Sea (DOC) in its entirety and look forward to the early conclusion of an effective and substantive Code of Conduct in the South China Sea (COC) that is in accordance with international law, including the 1982 UNCLOS;

    2. Build on ongoing collaboration in defense and security within the framework of ASEAN Defence Ministers’ Meeting (ADMM) Plus, including the first ASEAN-India Maritime Exercise (AIME) in 2023 and co-chairmanship of the ADMM-Plus Experts’ Working Group on Counter-Terrorism (2024-2027), as well as noting the two initiatives announced at the ASEAN-India Defence Ministers’ Informal Meeting in 2022;

    3. Strengthen cooperation in maritime security, counter-terrorism, cybersecurity, military medicine, transnational crime, defence industry, humanitarian assistance and disaster relief, peacekeeping and demining operations and confidence building measures. This will be achieved through the exchange of visits, joint military exercise, maritime exercise, port calls by naval ships and defence scholarships;

    4. Advance the implementation of ASEAN-India Joint Statement on Maritime Cooperation and continue to cooperate on areas such as maritime security, blue economy, sustainable fisheries, marine environmental protection, marine biodiversity, and climate change issues, among others;

    5. Promote and work towards the strengthening of multilateralism through the UN and the multilateral processes to address global concerns, pursue shared goals and complementary initiatives, and promote sustainable development for the benefit of our peoples;

    6. Build on the ASEAN-India Joint Statement on Cooperation on the AOIP for Peace, Stability, and Prosperity in the Region by advancing cooperation between the AOIP and the Indo-Pacific Oceans Initiative (IPOI);

    7. Expedite the review of the ASEAN-India Trade in Goods Agreement (AITIGA) to make it more effective, user-friendly, simple, and trade-facilitative for businesses and relevant to the current global trading practices and promote mutually beneficial arrangements and strengthen economic cooperation between ASEAN and India;

    8. Promote diverse, secure, transparent and resilient supply chains while exchanging information on identifying and proactively addressing potential risks in supply chains in areas of mutual interest to promote sustainable development;

    9. Cooperate on emerging technologies including Artificial Intelligence (AI), Blockchain technology, Internet of Things (IoT), Robotics, Quantum Computing, 6-G technology, building and strengthening of startups ecosystem with special emphasis on digital connectivity and financial technology;

    10. Welcome the launch of the ASEAN-India Fund for Digital Future to support joint activities;

    11. Cooperate to unlock the full potential of safe, secure, responsible, trustworthy AI by promoting international cooperation and further discussions on international governance for AI, considering that the rapid progress of AI has the potential for prosperity and expansion of the global digital economy. We should endeavor to leverage AI for public good by solving challenges in a responsible, inclusive and human-centric manner while protecting people’s rights and safety;

    12. Note the proposal to celebrate the year 2025 as the ASEAN-India Year of Tourism to further strengthen people-to-people ties while recognising the crucial role of tourism in promoting sustainable socioeconomic development and economic prosperity, and as one of the vehicles for achieving the SDGs. In this endeavour, we support the implementation of the ASEAN-India Tourism Cooperation Work Plan 2023-2027, and to explore deeper cooperation to support joint programs for tourism education, training and research to build capacity and ensure a high-quality tourism industry. We also encourage the expansion of business networks among travel stakeholders, the practice of sustainable and responsible tourism, as well as the exchange of tourism trends and information. In addition, we support the enhancement of crisis communications, promotion of tourism investment opportunities, as well as development and joint promotion of niche markets, cruise tourism and tourism standards;

    13. Strengthen health systems by enhancing collaboration on public health including, inter alia, in the areas of research and development (R&D), public health emergency preparedness, training of healthcare professionals, medical technology, pharmaceuticals, vaccine security and self-reliance, vaccine development and production, as well as general and traditional medicine;

    14. Enhance cooperation in the field of environment, including biodiversity and climate change as well as explore cooperation in the field of energy security, including cooperation on clean, renewable, and low-carbon energy in line with the ASEAN Plan of Action for Energy Cooperation 2021-2025 and India’s renewable energy priorities, as well as other national models and priorities such as bio-circular-green development;

    15. Promote disaster and climate resilience of infrastructure systems through knowledge sharing and best practices, capacity building and technical assistance, which can be pursued such as through the framework of Coalition of Disaster Resilient Infrastructure (CDRI) as well as the proposed Memorandum of Intent (MOI) between ASEAN Coordinating Centre for Humanitarian Assistance on Disaster Management (AHA Center) and National Disaster Management Agency (NDMA) of India;

    16. Enhance connectivity between ASEAN and India in line with the “Connecting the Connectivities” approach, by exploring synergies between the Master Plan on ASEAN Connectivity (MPAC) 2025 and its successor document, the ASEAN Connectivity Strategic Plan (ACSP) and India’s connectivity initiatives in the region under India’s Act East Policy and Security and Growth for All in the Region (SAGAR) vision to ensure seamless connectivity in the Indo-Pacific by collaborating for quality, sustainable and resilient infrastructure and enhancing cooperation in transport in land, air, and maritime domains including through the early completion and operationalisation of the India-Myanmar-Thailand (IMT) Trilateral Highway while looking forward to its eastward extension to Lao PDR, Cambodia and Viet Nam;

    17. Stressing the importance of strengthening multilateralism and comprehensive reform of the multilateral global governance architecture, including the United Nations and international financial architecture, international financial institutions, and multilateral development banks, to make them fit for purpose, democratic, equitable, representative and responsive to the current global realities and the needs and aspirations of the Global South;

    18. Call for an inclusive and balanced international agenda, that responds to the concerns and priorities of the Global South, recognising that the principle of ‘Common but Differentiated Responsibilities and Respective Capabilities’ (CBDR-RC) within the United Nations Framework Convention on Climate Change (UNFCCC) applies to all relevant global challenges;

    19. Explore potential synergies with sub-regional frameworks, such as the Indian Ocean Rim Association (IORA) the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC), Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT), Singapore-Johor-Riau (SIJORI) Growth Triangle, Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA), and Mekong sub-regional cooperation frameworks, including Mekong-Ganga Cooperation (MGC) and Ayeyawady Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS), and to support ASEAN and India’s efforts in promoting equitable development by aligning sub-regional growth with the comprehensive, mutual growth and development of ASEAN and India;

    20. Continue to work together on regional and global issues of common concern while endeavouring to strengthen our partnership through the ASEAN-India Comprehensive Strategic Partnership.

    ***

    MJPS/SR/SKS

    (Release ID: 2063888) Visitor Counter : 67

    MIL OSI Asia Pacific News

  • MIL-OSI USA: Hurricane Milton Crosses Florida

    Source: NASA

    Your browser does not support the video tag.

    Hurricane Milton barreled into Florida’s west-central coast on the evening of October 9, 2024, making landfall south of Tampa as a major Category 3 storm. The hurricane lashed the region with heavy rainfall, damaging winds, and life-threatening storm surge, according to the National Hurricane Center.
    This animation shows Milton in the days before, during, and after its devastating encounter with Florida. The false-color images depict infrared signals known as brightness temperature, which is useful for distinguishing cooler cloud structures (white and purple) from the warmer surface below (yellow and orange). Data for the animation were acquired by the MODIS (Moderate Resolution Imaging Spectroradiometer) and VIIRS (Visible Infrared Imaging Radiometer Suite) instruments on several NASA and NOAA satellites.
    Since infrared data are based on temperatures rather than visible light, the data can be obtained day or night. This animation shows both daytime and nighttime images, beginning at 3:35 p.m. Eastern Time (19:35 Universal Time) on October 8 and ending at 3:08 a.m. Eastern Time (07:08 Universal Time) on October 10.
    Shortly before the first image of this series, Milton was a Category 4 storm with sustained winds of 155 miles (250 kilometers) per hour. It soon grew to a Category 5 storm and then weakened to a still-potent Category 3 storm prior to making landfall on October 9. The storm maintained hurricane-strength intensity and fast, forward speed while crossing Florida, emerging over the western Atlantic as a Category 1 storm with sustained winds of 85 miles (140 kilometers) per hour at the end of this animation on October 10.

    On the morning of October 8, 2024, an astronaut aboard the International Space Station took this photo of Hurricane Milton as it churned over the Gulf of Mexico as a Category 4 storm. Astronaut photos of the region are being made available to various agencies via the International Disasters Charter and NASA’s Disasters Response Coordination System (DRCS).
    NASA’s DRCS has been activated to support agencies responding to the storm, including the Federal Emergency Management Agency (FEMA) and the Florida Geospatial Information Office. The team will be posting maps and data products on its open-access mapping portal as new information becomes available about flooding, power outages, precipitation totals, and other topics.
    NASA Earth Observatory images by Michala Garrison, using MODIS and VIIRS data from NASA EOSDIS LANCE and GIBS/Worldview and the Joint Polar Satellite System (JPSS). Astronaut photograph ISS072-E-29325 was acquired on October 8, 2024, with a Nikon Z 9 digital camera using a 50 millimeter lens and is provided by the ISS Crew Earth Observations Facility and the Earth Science and Remote Sensing Unit, Johnson Space Center. The image was taken by a member of the Expedition 72 crew. The image has been cropped and enhanced to improve contrast, and lens artifacts have been removed. The International Space Station Program supports the laboratory as part of the ISS National Lab to help astronauts take pictures of Earth that will be of the greatest value to scientists and the public, and to make those images freely available on the Internet. Additional images taken by astronauts and cosmonauts can be viewed at the NASA/JSC Gateway to Astronaut Photography of Earth. Story by Kathryn Hansen.

    MIL OSI USA News

  • MIL-OSI Security: FBI Philadelphia Emphasizes Strong Passwords for Cybersecurity Awareness Month

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (c)

    This Cybersecurity Awareness Month, the FBI Philadelphia Field Office reminds the public of the importance of using strong passwords or passphrases to protect their systems and accounts.

    These days, with how our lives are intertwined in the cyberspace, from staying connected to family and friends, to working and banking, strong online security has never been more critical.

    We use passwords for everything from protecting our devices to accounts.

    Many use simple passwords from “Password” or “1234” in an attempt to make them easier to remember. Simple passwords, even those that might include special characters, are easier to crack.

    Utilizing strong passwords and passphrases is vital in protecting against data breaches. A personal data breach occurs when personal data is leaked or spilled from a secure location to an untrusted environment. It can also happen when someone’s sensitive, protected, or confidential data is copied, transmitted, viewed, stolen, or used by an unauthorized person.

    In 2023, Pennsylvania residents reported over 1,900 complaints of personal data breaches to the FBI’s Internet Crime Complaint Center (IC3), totaling about $44.8 million in reported losses.

    In 2023, New Jersey residents reported over 1,300 complaints of personal data breaches to the IC3, totaling about $18 million in reported losses.

    Below are some password best practices:

    • Use strong and complex passwords or passphrases instead of simple passwords
    • Strong passwords should be long, random, unique

    Example password: aiH!ple$dAli&hp Example passphrase: City Statue Photograph Boxer Pretzel

    • Do NOT reuse passwords across multiple accounts
    • Be careful of using personally identifiable information when building a password to include birthdays, pet names, etc.
    • Use a password manager
    • Set up multi-factor authentication for your accounts

    For additional information on how you can protect yourself, your device, and your information, visit On the Internet: Be Cautious When Connected FBI

    For more strong password tips, visit: Use Strong Passwords | CISA

    To report a personal data breach or other Internet-enabled crime to the FBI, visit ic3.gov.

    FBI Philadelphia can be reached at (215) 418-4000.

    MIL Security OSI

  • MIL-OSI China: Public data potential set to be unleashed

    Source: China State Council Information Office

    China’s latest push to accelerate the development and utilization of public data resources is expected to fully unleash the potential of public data elements, help cultivate new competitive advantages and inject fresh impetus into high-quality economic growth, officials and experts said.

    Their comments came following a guideline released jointly by the general offices of the Communist Party of China Central Committee and the State Council on Wednesday.

    The country will take steps to expand the supply of public data resources and promote the opening of public data in an orderly manner, while encouraging and exploring the authorization and operation of public data, according to the guideline.

    The guideline focuses on removing institutional barriers that affect the development and utilization of data resources, and serves as a significant link in building the basic systems for data, said Liu Liehong, head of the National Data Administration, at a news conference in Beijing on Thursday.

    Liu emphasized that it will give full play to the role of data in empowering the real economy, expanding consumer demand and investment space, as well as improving governance capacity.

    Meanwhile, the guideline is conducive to bolstering the utilization of public data resources, facilitating the development of a digital economy and giving a strong boost to the data industry, Liu added.

    He said the administration will soon roll out supportive documents regarding the registration, authorization, operation and pricing mechanism of public data resources.

    Looking ahead, more efforts will be made to deepen reforms related to the market-oriented allocation of data elements and improve the basic systems for data, Liu said.

    By 2025, the system and rules for the development and utilization of public data resources will be initially established, the supply quantity and quality of data resources will be significantly improved, and a number of data elements enterprises will be cultivated, according to the guideline.

    By 2030, a comprehensive system for the development and utilization of public data resources will be set up, with compliant and efficient data circulation and use. The guideline also encourages innovative application to promote the healthy development of the data industry.

    “The launch of the guideline marks an important step in propelling the development and utilization of public data resources in China,” said Zhu Keli, founding director of the China Institute of New Economy.

    The move, Zhu said, will help improve the supply scale and quality of data, enrich data products and services, and promote the efficient utilization of public data resources in key industries and regions.

    Zhu noted that the country’s accelerated layout in the data element market will provide solid support for the sustainable and healthy development of the digital economy, generate new business forms, models and services that are based on data, create more job opportunities and inject new momentum into economic growth.

    Statistics from the National Data Administration showed that China’s total data output reached 32.85 zettabytes in 2023, up 22.4 percent year-on-year, while the added value of core digital economy industries accounted for 10 percent of GDP.

    Ouyang Rihui, assistant dean of the China Center for Internet Economy Research at the Central University of Finance and Economics, said unleashing the value of public data resources is conducive to propelling the digital transformation and high-quality development, as well as speeding up the establishment of a national unified data elements market.

    MIL OSI China News

  • MIL-OSI USA: 91 Mass Metrology Seminar

    Source: US Government research organizations

    Credit: OWM/K. Dill

    Course Description

    The Mass Metrology Seminar is a two-week, “hands-on” seminar.  It incorporates approximately 30 percent lectures and 70 percent demonstrations and laboratory work in which the participant performs measurements by applying procedures and equations discussed in the classroom.  The seminar focuses on the comprehension and application of the procedures, the equations, and calculations involved.  The seminar includes the operation of the laboratory equipment, review of publications, standards, specifications, and tolerances relevant to the measurements.  Training covers mass calibration procedures published in NISTIR 6969 and NISTIR 5672 and are suitable for the calibration of mass standards to OIML R111 Class E2 through M3 tolerances, ASTM classes 1 through 7 and NIST HB 105-1 Class F.  Training is provided to enable the participant to correctly identify and implement the correct calibration process for each weight classification.  Each procedure and the entire seminar incorporates concepts covered in the Fundamentals of Metrology seminar, especially, concepts related to metrological traceability, statistical analysis, measurement assurance methods, uncertainty analyses, software validation, and generation of ISO/IEC 17025 compliant calibration certificates for all measurements made during the seminar.

    Learning Objectives

    At the end of this seminar, using Standard Operating Procedures 1, 2, 4, 5, 7, 8, 9, 29, 30, and 34 and Good Measurement Practices 10, 11, 12, and 13 participants will be able to:

    • IDENTIFY mass artifacts and use appropriate procedures to ensure good quality, accurate, traceable mass measurement results;
    • EXPLAIN highlights and key concepts of each topic to each other and to your managers using the slides and reference materials; and
    • PERFORM mass calibration procedures, use and validate the job aids, and use reference materials to perform laboratory calibrations, including hands-on handling of mass standards and balances, calculation of measurement results, integration of measurement assurance, uncertainty analysis, and software validation to produce valid calibration results and certificates.

    Note regarding course level and expectations:  This course is conducted equivalent to a university-level course and is part of our IACET-accredited processes with requirements to demonstrate successful achievement of learning objectives within each module.  Significant time outside of the classroom and laboratory is expected and is commonly reported (1 hour to 2 hours per day) to complete homework, reading, data entry, and creation and editing of calibration certificates. Students should avoid trying to meet other obligations while attending this course as much as possible.

    Materials & Supplies

    Participants are encouraged to bring template versions of the mass calibration certificates issued by their laboratory as a starting point for the calibration certificates to be submitted during the seminar. Alternatively, participants should bring the calibration certificate they generated during the Fundamentals of Metrology seminar as a starting point. The former is recommended! Feedback and suggested changes to ensure ISO/IEC 17025 compliance will be provided during the seminar. Generation of calibration certificates will be required, so come prepared. A number of notebooks and course materials will be provided, so please ensure you have extra luggage space to carry these items.

    Prerequisites

    Successful completion of the Fundamentals of Metrology Seminar is a prerequisite for the Mass Metrology Seminar. The Mass Metrology Seminar is built on the concepts learned during the Fundamentals of Metrology Seminar, applying units, measurement uncertainty, measurement assurance, traceability, and Quality Management System concepts to the mass calibration procedures.

    Pre-Work

    It is strongly recommended that you complete the Basic Mass Metrology CD as it will give you a head start on the Mass Seminar, including exposure to the contents of NISTIR 6969, Selected Laboratory and Measurement Practices, and NISTIR 5672, Advanced Mass Calibrations and Measurements Assurance Program for the State Calibration Laboratories.. Completing the NIST SP 1001 should take 16 to 40 hours. Participants are encouraged to read and comprehend as much as possible the content of NISTIR 6969 and NISTIR 5672 regardless of completing NIST SP 1001.

    NOTE:  Additional reading pre-work and Excel preparation recommendations may be sent by the instructor prior to the seminar. Extensive use of Excel is made in this course; strong familiarity equation entry and validation is essential.

    Post-Work

    Laboratory Auditing Program (LAP) problems are assigned at the completion of the course to those metrologists who participate in the NIST OWM State Laboratory Program.  Acceptable completion of the problems is required for NIST Office of Weights and Measures Laboratory Recognition in support of mass calibrations.  (See Handbook 143, Program Handbook training requirements as updated here.

    Minimum Requirements

    To receive a Training Certificate for this course, successful completion requires participants to actively participate in the entire course (e.g., 100 % attendance, take notes, engage in discussions, ask questions), complete all classroom, homework, and application exercise assignments, successfully perform mass calibrations as evidenced by measurement results entered in course control charts and calibration certificates, and pass a written final exam.  In addition, students submit a series of calibration certificates that are graded based on SOP 1 and NIST SP 811 criteria, as evidence of completion of all application exercises conducted during the hands-on portion of class exercises.

    *Homework note: students generally report taking one to two hours for homework each night.

    Audience

    This training seminar is open to industry and government metrologists.

    Cost

    The current registration fee for this seminar is $6,200 and confirmed participants will be sent payment instructions.  This registration fee does not cover travel, lodging or meal costs.  Registration fees for State weights and measures regulatory officials and metrologists are funded by NIST OWM.

    Instructors

    Elizabeth Koncki and Jose Torres
    Email:  elizabeth.koncki [at] nist.gov (elizabeth[dot]koncki[at]nist[dot]gov)

    Technology Requirements

    • Registered participants must provide a notebook computer for the Mass Metrology Seminar and be well trained in the development and use of spreadsheets for complex repetitive calculations.
    • Participants must have access to Microsoft Excel (versions 2010 and later are acceptable) and can open and effectively create their own spreadsheets to perform calculations, and use template Excel workbooks that will be provided on USB media.  Be aware that for networked access of Microsoft files, access to the NIST network is not ensured (e.g., it can be problematic if using a version of Office 365 that requires network access to operate properly.) 
    • Participants must have administrative rights for the computer so that that files can be transferred to and from it as required by the seminar exercises through the use of USB memory sticks:  You must also be able to save/store files to USB media devices to facilitate printing and turning in classwork.  Internet and network access is not assured during the seminar.  Students without administrative approvals or ability to use USB media are encouraged to contact the instructor before the class to discuss alternatives (e.g., using a personal laptop, using a RW/CD,  or other alternatives.)   Students need to verify the capability to run executable files to ensure successful access and use of the software needed in this course.  If not able to use USB media, participants must be able to upload files to a secure NIST Box and/or Google Drive and/or Microsoft SharePoint data transfer cloud service.
    • Availability of a scientific calculator (minimum 12 digits) may be useful as a supplement to Excel; if using a calculator, familiarity with its operation is essential.

    All visitors must be preregistered and present photo identification and vehicle registration information upon arrival. NIST can only accept a state-issued driver’s license or identification card for access to federal facilities if issued by states that are REAL ID compliant or have an extension.

    MIL OSI USA News

  • MIL-OSI: NBPE Announces September Monthly NAV Estimate

    Source: GlobeNewswire (MIL-OSI)

    THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, ITALY, DENMARK, JAPAN, THE UNITED STATES, OR TO ANY NATIONAL OF SUCH JURISDICTIONS

    NBPE Announces September Monthly NAV Estimate

    11 October 2024

    NB Private Equity Partners (NBPE), the $1.3bn1, FTSE 250, listed private equity investment company managed by Neuberger Berman, today announces its 30 September 2024 monthly NAV estimate.

    NAV Highlights (30 September 2024)

    • NAV per share was $27.37 (£20.40), a total return of (0.3%) in the month
    • Year to date NAV TR of 0.9%
    • $73 million invested in new and follow on investments year to date
    • $391 million of available liquidity at 30 September 2024
    As of 30 September 2024 YTD 1 Year 3 years 5 years 10 years
    NAV TR (USD)*
    Annualised
    0.9% 4.3% (2.8%)
    (1.0%)
    70.9%
    11.3%
    172.2%
    10.5%
    MSCI World TR (USD)*
    Annualised
    19.3% 33.0% 30.7%
    9.3%
    89.1%
    13.6%
    175.2%
    10.7%
    Share price TR (GBP)*
    Annualised
    0.8% 6.4% 14.1%
    4.5%
    76.0%
    12.0%
    245.2%
    13.2%
    FTSE All-Share TR (GBP)*
    Annualised
    9.9% 13.4% 23.9%
    7.4%
    32.2%
    5.7%
    83.6%
    6.3%

    * All NBPE performance figures assume re-investment of dividends on the ex-dividend date and reflect cumulative returns over the relevant time periods shown. Three-year, five-year and ten-year annualised returns are presented for USD NAV, MSCI World (USD), GBP Share Price and FTSE All-Share (GBP) Total Returns.

    Portfolio Update to 30 September 2024

    NAV performance during the month driven by:

    • 0.2% NAV increase ($2 million) from the receipt of private company valuation information
    • 0.2% NAV increase ($3 million) from positive FX movements
    • 0.3% NAV decrease ($4 million) from the value of quoted holdings (which now constitute 6% of portfolio fair value)
    • 0.4% NAV decrease ($5 million) attributable to expense accruals and changes in the Zero Dividend Preference share (ZDP) liability

    Realisations from the portfolio continue in 2024

    • $160 million of realisations received year to date, driven by Action, Cotiviti and previously announced sales of Melissa & Doug, FV Hospital and Safefleet as well as sales of public stock and continued realisations from the legacy income investment portfolio

    $391 million of total liquidity at 30 September 2024

    • $181 million of cash and liquid investments with $210 million of undrawn credit line available

    $73 million invested in 2024 in new and follow-on investments

    • $25 million invested in FDH Aero, a leading parts distributor to the aerospace and defense industry
    • $38 million invested into two U.S. healthcare businesses, Benecon and Zeus
    • $10 million of additional new and follow on investments

    Portfolio Valuation

    The fair value of NBPE’s portfolio as of 30 September 2024 was based on the following information:

    • 6% of the portfolio was valued as of 30 September 2024
      • 6% in public securities
    • 94% of the portfolio was valued as of 30 June 2024
      • 93% in private direct investments
      • 1% in private funds

    For further information, please contact:

    NBPE Investor Relations         +44 (0) 20 3214 9002
    Luke Mason                              NBPrivateMarketsIR@nb.com 

    Kaso Legg Communications   +44 (0)20 3882 6644

    Charles Gorman                        nbpe@kl-communications.com
    Luke Dampier
    Charlotte Francis

    Supplementary Information (as at 30 September 2024)

    Company Name Vintage Lead Sponsor Sector Fair Value ($m) % of FV
    Action 2020 3i Consumer                        68.9 5.4%
    Osaic 2019 Reverence Capital Financial Services                        62.7 4.9%
    Solenis 2021 Platinum Equity Industrials                        58.2 4.6%
    BeyondTrust 2018 Francisco Partners Technology / IT                        42.0 3.3%
    Branded Cities Network 2017 Shamrock Capital Communications / Media                        40.1 3.2%
    Monroe Engineering 2021 AEA Investors Industrials                        38.3 3.0%
    Business Services Company* 2017 Not Disclosed Business Services                        37.1 2.9%
    True Potential 2022 Cinven Financial Services                        35.8 2.8%
    Kroll 2020 Further Global / Stone Point Financial Services                        31.4 2.5%
    Constellation Automotive 2019 TDR Capital Business Services                        30.9 2.4%
    Marquee Brands 2014 Neuberger Berman Consumer                        30.8 2.4%
    Staples 2017 Sycamore Partners Business Services                        30.7 2.4%
    GFL (NYSE: GFL) 2018 BC Partners Business Services                        30.5 2.4%
    Fortna 2017 THL Industrials                        28.7 2.3%
    Viant 2018 JLL Partners Healthcare                        27.2 2.1%
    Stubhub 2020 Neuberger Berman Consumer                        26.6 2.1%
    Engineering 2020 NB Renaissance / Bain Capital Technology / IT                        25.8 2.0%
    FDH Aero 2024 Audax Group Industrials                        25.3 2.0%
    Agiliti 2019 THL Healthcare                        25.3 2.0%
    Benecon 2024 TA Associates Healthcare                        25.2 2.0%
    Solace Systems 2016 Bridge Growth Partners Technology / IT                        24.4 1.9%
    Addison Group 2021 Trilantic Capital Partners Business Services                        23.8 1.9%
    USI 2017 KKR Financial Services                        23.2 1.8%
    Auctane 2021 Thoma Bravo Technology / IT                        22.5 1.8%
    Excelitas 2022 AEA Investors Industrials                        21.9 1.7%
    Qpark 2017 KKR Transportation                        21.5 1.7%
    AutoStore (OB.AUTO) 2019 THL Industrials                        21.3 1.7%
    Exact 2019 KKR Technology / IT                        20.1 1.6%
    Renaissance Learning 2018 Francisco Partners Technology / IT                        19.4 1.5%
    Bylight 2017 Sagewind Partners Technology / IT                        18.7 1.5%
    Total Top 30 Investments                            $938.5 73.8%

    *Undisclosed company due to confidentiality provisions.

    Geography % of Portfolio
    North America 76%
    Europe 23%
    Asia / Rest of World 1%
    Total Portfolio 100%
       
    Industry % of Portfolio
    Tech, Media & Telecom 23%
    Consumer / E-commerce 20%
    Industrials / Industrial Technology 17%
    Financial Services 14%
    Business Services 12%
    Healthcare 9%
    Other 4%
    Energy 1%
    Total Portfolio 100%
       
    Vintage Year % of Portfolio
    2016 & Earlier 11%
    2017 19%
    2018 16%
    2019 14%
    2020 12%
    2021 16%
    2022 5%
    2023 2%
    2024 5%
    Total Portfolio 100%

    About NB Private Equity Partners Limited
    NBPE invests in direct private equity investments alongside market leading private equity firms globally. NB Alternatives Advisers LLC (the “Investment Manager”), an indirect wholly owned subsidiary of Neuberger Berman Group LLC, is responsible for sourcing, execution and management of NBPE. The vast majority of direct investments are made with no management fee / no carried interest payable to third-party GPs, offering greater fee efficiency than other listed private equity companies. NBPE seeks capital appreciation through growth in net asset value over time while paying a bi-annual dividend.

    LEI number: 213800UJH93NH8IOFQ77

    About Neuberger Berman
    Neuberger Berman is an employee-owned, private, independent investment manager founded in 1939 with over 2,800 employees in 26 countries. The firm manages $481 billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger Berman’s investment philosophy is founded on active management, fundamental research and engaged ownership. The PRI identified the firm as part of the Leader’s Group, a designation awarded to fewer than 1% of investment firms for excellence in environmental, social and governance practices. Neuberger Berman has been named by Pensions & Investments as the #1 or #2 Best Place to Work in Money Management for each of the last ten years (firms with more than 1,000 employees). Visit http://www.nb.com for more information. Data as of June 30, 2024.


    1Based on net asset value.

    This press release appears as a matter of record only and does not constitute an offer to sell or a solicitation of an offer to purchase any security.

    NBPE is established as a closed-end investment company domiciled in Guernsey. NBPE has received the necessary consent of the Guernsey Financial Services Commission. The value of investments may fluctuate. Results achieved in the past are no guarantee of future results. This document is not intended to constitute legal, tax or accounting advice or investment recommendations. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decision. Statements contained in this document that are not historical facts are based on current expectations, estimates, projections, opinions and beliefs of NBPE’s investment manager. Such statements involve known and unknown risks, uncertainties and other factors, and undue reliance should not be placed thereon. Additionally, this document contains “forward-looking statements.” Actual events or results or the actual performance of NBPE may differ materially from those reflected or contemplated in such targets or forward-looking statements.

    Attachment

    The MIL Network

  • MIL-OSI: Bitget Wallet Integrates Tonstakers, Enabling TON Staking with a Minimum 3% APY

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, Oct. 11, 2024 (GLOBE NEWSWIRE) — Bitget Wallet, a leading non-custodial Web3 wallet, has integrated Tonstakers, the top staking protocol by Total Value Locked (TVL) in the TON ecosystem. This new feature lets users stake their TON tokens easily, with just a tap on the mobile app. Users can earn additional rewards from the ecosystem, with an annual return estimated between 3% and 5.5%.

    Beyond TON tokens, Bitget Wallet supports a wide range of staking services, including ETH, popular stablecoins such as USDT, USDC, and DAI, as well as Bitget Wallet’s ecosystem token, BWB. Users can also participate in other re-staking assets, utilizing strategies designed to boost yields. These options provide more ways for token holders to grow their returns. With the intuitive “DeFi” tab on the wallet app’s homepage, users can visualize and manage their staking activities in real-time, tracking daily earnings and unstaking whenever they wish. By offering flexible strategies that accommodate different risk profiles, the wallet helps users find the right balance between maximizing safety and earning potential. This streamlined design makes staking easy and increases both liquidity and overall returns for participants.

    As one of the first Web3 wallets to fully support the TON/Telegram ecosystem, Bitget Wallet employs MPC (Multi-Party Computation) technology, which removes the need for private keys. Users can create and manage their wallets through various login options, including Telegram. With this innovative keyless solution for the TON mainnet, Bitget Wallet enables users to securely create TON wallets without the hassle of traditional private keys. Additionally, Bitget Wallet has developed a Telegram trading bot that offers a one-stop service, including multi-chain trading, a zero gas fee experience for TON DApps, and popular project airdrops. It has also introduced OmniConnect, a software development kit (SDK) that enables Telegram mini-apps to effortlessly link to more than 500 blockchains, simplifying interactions like signing and transactions within DApps.

    This deep connection to the TON ecosystem has led to a significant surge in both user growth and wallet activity. In Q3 2024 alone, the number of TON addresses on Bitget Wallet saw a staggering increase of 4886%. According to research, Bitget Wallet is the most popular wallet in the TON ecosystem, with 68% of users favoring this mobile platform over browser-based solutions. Bitget Wallet’s success is also reflected in the project it supports – Tonmarket, a TON ecosystem app, has amassed over 30 million users in less than three months, quickly becoming a dominant player in the sector.

    Bitget Wallet’s collaboration with the TON ecosystem is fueled by a vision of a decentralized future where financial tools are accessible to everyone. As the TON ecosystem evolves, the emphasis will move from basic staking and tap-to-earn models to more advanced applications in finance, gaming, and social interaction, aiming to provide users with lasting, sustainable value beyond short-term incentives. Alvin Kan, COO of Bitget Wallet, remarked, “Our integration with Tonstakers is just the beginning. The future growth of the TON ecosystem will stem from innovative applications that foster meaningful engagement. We’re excited to contribute to a future where decentralized finance meets real-world needs.

    About Bitget Wallet

    Bitget Wallet stands as one of the world’s leading non-custodial Web3 wallets and decentralized ecosystem platform. With the Bitget Onchain Layer, the wallet is well-poised to develop a burgeoning DeFi ecosystem through co-creation and strategic incubation. Aside from a powerful Swap function, Bitget Wallet also offers multi-chain asset management, smart money insights, a native Launchpad, Inscriptions Center, and an Earning Center. Supporting over 100 major blockchains, 500,000+ tokens, and a wide array of DApps, Bitget Wallet is your top wallet for asset discovery and Web3 exploration.

    For more information, visit: Website | Twitter | Telegram | Discord

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0b1f59be-7ca1-4542-8250-d7d4760d814c

    The MIL Network

  • MIL-OSI Translation: 11/10/2024 Savings Bond Sales Results in September

    MIL ASI Translation. Region: Polish/Europe –

    Fuente: Gobierno de Polonia en poleco.

    In September, we sold savings bonds worth PLN 5,775 million. In September, we sold the following bonds: 3-month (OTS1224) – PLN 127.8 million, 1-month (ROR0925) – PLN 1,881.1 million, 2-year (DOR0926) – PLN 415.9 million, 3-year (TOS0927) – PLN 2,087.0 million, 4-year (COI0928) – PLN 925.6 million, 10-year (EDO0934) – PLN 299.5 million. The most frequently purchased instruments were 3-year bonds – TOS. Individual buyers allocated PLN 2,087.0 million for their purchase (36% share in the sales structure). Interest was also enjoyed by 1-year bonds – ROR (33%) and 4-year – COI (16%). Next, savers chose 2-year bonds – DOR (7%) and 10-year – EDO (5%) and 3-month – OTS (2%). Customers allocated nearly PLN 38.4 million for the purchase of family bonds dedicated to beneficiaries of the Family 800 program. Family bonds are directed exclusively to people receiving benefits under the Family 800 program, who want to save for the future needs of their children. The beneficiaries of the program have different obligations depending on the amount of the childcare benefit granted. Family bonds are available for sale on an ongoing basis, so you can purchase them at any time. All types of bonds can be purchased at PKO Bank Polski branches and Customer Service Points of the PKO Bank Polski Brokerage House and in the network of bond sales points of Bank Polska Kasa Opieki SA. Our bonds are also constantly available online in bank services and the PeoPay mobile application.

    September – most frequently chosen bonds

    In September, our clients allocated nearly PLN 5.8 billion for the purchase of retail bonds. The greatest interest was enjoyed by 3-year TOS bonds with a fixed interest rate – 36% share in sales. Another eagerly chosen savings product from our offer were 1-year bonds with a variable interest rate, based on the reference rate of the National Bank of Poland, which constituted 33% of the total sales value.

    – comments Jurand Drop, Undersecretary of State in the Ministry of Finance. October is the month of saving

    October 31st is World Savings Day, which is to remind us how important it is to manage our finances wisely and consciously. It is worth making generating and increasing savings a permanent element of household budgets. Treasury bonds support diez processors. All you need to do is choose the type of bond in which you want to invest your funds, deposit them and the rest is done automatically, without any additional costs. The registration account where our instruments are recorded is kept free of charge. Depending on the selected bond, interest is paid on an ongoing basis – during the life of the bond or at the end of the selected period. The maintenance-free nature of bonds is a great benefit for our clients, who can devote the time saved to other activities.

    – adds Minister Gota.Savings bonds in retail sales

    Type of bond

    Offer de Details (sale from October 1-31)

    Selling price

    OTS01253-monthly

    Three-month bonds are bonds with a fixed interest rate of 3.00% per annum. Interest is calculated on the value of PLN 100, and interest is paid after the end of saving (after three months from the date of purchase).

    PLN 100100.00 PLN when exchanging

    ROR10251-annual

    Annual bonds are variable-rate bonds. In the first month, the interest rate is 5.75% per annum. In subsequent monthly interest periods, the interest rate is equal to the NBP reference rate and a fixed margin of 0.00%. Interest is paid monthly.

    PLN 10099.90 PLN when exchanging

    DOR10262-year-old

    Two-year bonds are variable-rate bonds. In the first month, the interest rate is 5.90% per annum. In subsequent monthly interest periods, the interest rate is equal to the NBP reference rate and a fixed margin of 0.15%. Interest is paid monthly.

    100 PLN99.90 PLN when exchanging

    TOS10273-year-old

    Three-year bonds are bonds with a fixed interest rate of 5.95% per annum. In the first year, interest is calculated from the value of PLN 100, and in subsequent years from the value increased by the interest for the previous year (so-called capitalization of interest). Interest is paid after the savings have ended.

    100 PLN99.90 PLN when exchanging

    COI10284-year-old

    Four-year bonds are bonds that pay interest based on inflation.1 The interest rate in the first year of saving is 6.30%. In subsequent years, the interest rate is equal to inflation plus a fixed margin of 1.50%. Interest is paid after each year of saving.

    100 PLN99.90 PLN when exchanging

    EDO103410 summer

    Ten-year bonds are bonds whose interest rate is based on inflation1. The interest rate in the first year of saving is 6.55%. In subsequent years, the interest rate is equal to inflation and a fixed margin of 2.00%. In the first year, interest is calculated on the value of PLN 100, and in subsequent years on the value increased by the interest calculated for the previous year (so-called capitalization of interest). Interest is paid after the savings are completed.

    100 PLN99.90 PLN when exchanging

    ROS10306-year family bond

    Family Six-Year Bonds are bonds intended for beneficiaries of the Family 800 program. Their interest rate is preferential in relation to the bond included in the standard offer and is based on inflation1. The interest rate in the first year of saving is 6.50%. In the following years, the interest rate is equal to inflation and a fixed margin of 2.00%. In the first year, interest is calculated from the value of PLN 100, and in the following years from the value increased by the interest calculated for the previous year (so-called capitalization of interest). Interest is paid after the savings are completed.

    100 PLN

    ROD103612 summer family obligation

    Family Twelve-Year Bonds are bonds intended for beneficiaries of the Family 800 program. Their interest rate is preferential in relation to the bond included in the standard offer and is based on inflation1. The interest rate in the first year of saving is 6.80%. In the following years, the interest rate is equal to inflation and a fixed margin of 2.50%. In the first year, interest is calculated from the value of PLN 100, and in the following years from the value increased by the interest calculated for the previous year (so-called capitalization of interest). Interest is paid after the savings are completed.

    100 PLN

    1 the rate of increase in the prices of consumer goods and services, adopted for 12 months and announced by the President of the Central Statistical Office (GUS) in the month preceding the first month of a given interest period. How can I buy Treasury bonds? State Treasury bonds can be purchased: How to open an IKE-Bonds Account and an IKZE-Bonds Account? An IKE-Bonds Account or an IKZE-Bonds Account can be opened at any branch of PKO Bank Polski or POK of the PKO BP Brokerage House. You can also obtain remote access to your IKE- and IKZE-Bonds Account under the terms and conditions specified in the “Regulations on the use of access to the Registered Account in the field of Treasury bonds via telephone or the Internet”.

    MILES AXIS

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and/or sentence structure not be perfect.

    MIL Translation OSI

  • MIL-OSI USA: Senator Hassan Visits Northern Border, Receives Update on Security Challenges

    US Senate News:

    Source: United States Senator for New Hampshire Maggie Hassan

    BERLIN – U.S. Senator Maggie Hassan, a senior member of the Senate Homeland Security Committee, received a security briefing and took an aerial tour with U.S. Customs and Border Protection (CBP) on the evolving threats in the Swanton Sector of the Northern border. The Swanton Sector covers portions of the U.S.-Canada border in New Hampshire, Vermont, and New York, and there has been a significant increase in attempted border crossings in this area over the last year.
    Senator Hassan received an operations update and report for the Swanton Sector from CBP, including challenges that CBP is facing and the need for additional personnel and technology to tackle the recent increase in crossings. Senator Hassan was also briefed by CBP’s Office of Field Operations about drug smuggling patterns for the region. After the briefing, Senator Hassan was taken on an aerial tour of the sector by CBP’s Air and Marine Operations.
    “Strengthening security at the Northern border is an important part of our overall national security,” said Senator Hassan. “I appreciated hearing directly from Border Patrol officials about the challenges that they are facing and what they need to better address them. I will continue working to support law enforcement at the border and keep our communities safe.”
    “I want to thank Senator Hassan for her continued support of US Customs and Border Protection’s work throughout the Swanton Sector, and we appreciated the opportunity to provide her an update on our efforts to keep our Northern border safe and secure,” said US Customs and Border Protection Swanton Sector Chief Patrol Agent Robert N. Garcia.
    This visit is part of Senator Hassan’s ongoing efforts to strengthen border security. Senator Hassan has visited both the Northern and Southern border several times as a member of the Senate Homeland Security Committee. Recently, Senator Hassan introduced bipartisan legislation to strengthen security at the Northern border by requiring regular updates to the Northern Border strategy. In August, the Senate Homeland Security Committee advanced bipartisan legislation introduced by Senator Hassan to allow U.S. and Canadian personnel to jointly patrol both sides of the Northern border on aircraft, helping better combat drug smuggling and other illegal cross-border activities. Earlier this year, the Homeland Security Committee voted to advance two of Senator Hassan’s bipartisan bills to reduce the flow of fentanyl, illicit firearms, and money across both directions of the Southern border. Additionally, in March, Senator Hassan’s bipartisan END FENTANYL Act, which will help Customs and Border Protection crack down on fentanyl trafficking at the border, was signed into law. Senator Hassan also worked with her colleagues to pass into law the bipartisan INTERDICT Act, which has provided Customs and Border Protection with additional tools to help detect and intercept fentanyl and other illegal synthetic opioids.

    MIL OSI USA News

  • MIL-OSI Economics: Education under siege: How cybercriminals target our schools​​

    Source: Microsoft

    Headline: Education under siege: How cybercriminals target our schools​​

    Introduction | Security snapshot | Threat briefing
    Defending against attacks | Expert profile 

    Education is essentially an “industry of industries,” with K-12 and higher education enterprises handling data that could include health records, financial data, and other regulated information. At the same time, their facilities can host payment processing systems, networks that are used as internet service providers (ISPs), and other diverse infrastructure. The cyberthreats that Microsoft observes across different industries tend to be compounded in education, and threat actors have realized that this sector is inherently vulnerable. With an average of 2,507 cyberattack attempts per week, universities are prime targets for malware, phishing, and IoT vulnerabilities.¹ 

    Security staffing and IT asset ownership also affect education organizations’ cyber risks. School and university systems, like many enterprises, often face a shortage of IT resources and operate a mix of both modern and legacy IT systems. Microsoft observes that in the United States, students and faculty are more likely to use personal devices in education compared to Europe, for example. Regardless of ownership however, in these and other regions, busy users do not always have a security mindset. 

    This edition of Cyber Signals delves into the cybersecurity challenges facing classrooms and campuses, highlighting the critical need for robust defenses and proactive measures. From personal devices to virtual classes and research stored in the cloud, the digital footprint of school districts, colleges, and universities has multiplied exponentially.  

    We are all defenders. 

    A uniquely valuable and vulnerable environment 

    The education sector’s user base is very different from a typical large commercial enterprise. In the K-12 environment, users include students as young as six years old. Just like any public or private sector organization, there is a wide swath of employees in school districts and at universities including administration, athletics, health services, janitorial, food service professionals, and others. Multiple activities, announcements, information resources, open email systems, and students create a highly fluid environment for cyberthreats.

    Virtual and remote learning have also extended education applications into households and offices. Personal and multiuser devices are ubiquitous and often unmanaged—and students are not always cognizant about cybersecurity or what they allow their devices to access.

    Education is also on the front lines confronting how adversaries test their tools and their techniques. According to data from Microsoft Threat Intelligence, the education sector is the third-most targeted industry, with the United States seeing the greatest cyberthreat activity.

    Cyberthreats to education are not only a concern in the United States. According to the United Kingdom’s Department of Science Innovation and Technology 2024 Cybersecurity Breaches Survey, 43% of higher education institutions in the UK reported experiencing a breach or cyberattack at least weekly.² 

    QR codes provide an easily disguised surface for phishing cyberattacks

    Today, quick response (QR) codes are quite popular—leading to increased risks of phishing cyberattacks designed to gain access to systems and data. Images in emails, flyers offering information about campus and school events, parking passes, financial aid forms, and other official communications all frequently contain QR codes. Physical and virtual education spaces might be the most “flyer friendly” and QR code-intensive environments anywhere, given how big a role handouts, physical and digital bulletin boards, and other casual correspondence help students navigate a mix of curriculum, institutional, and social correspondence. This creates an attractive backdrop for malicious actors to target users who are trying to save time with a quick image scan. 

    Recently the United States Federal Trade Commission issued a consumer alert on the rising threat of malicious QR codes being used to steal login credentials or deliver malware.³

    Microsoft Defender for Office 365 telemetry shows that approximately more than 15,000 messages with malicious QR codes are targeted toward the educational sector daily—including phishing, spam, and malware. 

    Legitimate software tools can be used to quickly generate QR codes with embedded links to be sent in email or posted physically as part of a cyberattack. And those images are hard for traditional email security solutions to scan, making it even more important for faculty and students to use devices and browsers with modern web defenses. 

    Targeted users in the education sector may use personal devices without endpoint security. QR codes essentially enable the threat actor to pivot to these devices. QR code phishing (since its purpose is to target mobile devices) is compelling evidence of mobile devices being used as an attack vector into enterprises—such as personal accounts and bank accounts—and the need for mobile device protection and visibility. Microsoft has significantly disrupted QR code phishing attacks. This shift in tactics is evident in the substantial decrease in daily phishing emails intercepted by our system, dropping from 3 million in December 2023 to just 179,000 by March 2024. 

    Source: Microsoft incident response engagements.

    Universities present their own unique challenges. Much of university culture is based on collaboration and sharing to drive research and innovation. Professors, researchers, and other faculty operate under the notion that technology, science—simply knowledge itself—should be shared widely. If someone appearing as a student, peer, or similar party reaches out, they’re often willing to discuss potentially sensitive topics without scrutinizing the source. 

    University operations also span multiple industries. University presidents are effectively CEOs of healthcare organizations, housing providers, and large financial organizations—the industry of industries factor, again. Therefore, top leaders can can be prime targets for anyone attacking those sectors.

    The combination of value and vulnerability found in education systems has attracted the attention of a spectrum of cyberattackers—from malware criminals employing new techniques to nation-state threat actors engaging in old-school spy craft.  

    Microsoft continually monitors threat actors and threat vectors worldwide. Here are some key issues we’re seeing for education systems. 

    Email systems in schools offer wide spaces for compromise 

    The naturally open environment at most universities forces them to be more relaxed in their email hygiene. They have a lot of emails amounting to noise in the system, but are often operationally limited in where and how they can place controls, because of how open they need to be for alumni, donors, external user collaboration, and many other use cases.  

    Education institutions tend to share a lot of announcements in email. They share informational diagrams around local events and school resources. They commonly allow external mailers from mass mailing systems to share into their environments. This combination of openness and lack of controls creates a fertile ground for cyberattacks.

    AI is increasing the premium on visibility and control  

    Cyberattackers recognizing higher education’s focus on building and sharing can survey all visible access points, seeking entry into AI-enabled systems or privileged information on how these systems operate. If on-premises and cloud-based foundations of AI systems and data are not secured with proper identity and access controls, AI systems become vulnerable. Just as education institutions adapted to cloud services, mobile devices and hybrid learning—which introduced new waves of identities and privileges to govern, devices to manage, and networks to segment—they must also adapt to the cyber risks of AI by scaling these timeless visibility and control imperatives.

    Nation-state actors are after valuable IP and high-level connections 

    Universities handling federally funded research, or working closely with defense, technology, and other industry partners in the private sector, have long recognized the risk of espionage. Decades ago, universities focused on telltale physical signs of spying. They knew to look for people showing up on campus taking pictures or trying to get access to laboratories. Those are still risks, but today the dynamics of digital identity and social engineering have greatly expanded the spy craft toolkit. 

    Universities are often epicenters of highly sensitive intellectual property. They may be conducting breakthrough research. They may be working on high-value projects in aerospace, engineering, nuclear science, or other sensitive topics in partnership with multiple government agencies.  

    For cyberattackers, it can be easier to first compromise somebody in the education sector who has ties to the defense sector and then use that access to more convincingly phish a higher value target.  

    Universities also have experts in foreign policy, science, technology, and other valuable disciplines, who may willingly offer intelligence, if deceived in social-engineering cyberattacks employing false or stolen identities of peers and others who appear to be in individuals’ networks or among trusted contacts. Apart from holding valuable intelligence themselves, compromised accounts of university employees can become springboards into further campaigns against wider government and industry targets.

    Nation-state actors targeting education 

    Peach Sandstorm

    Peach Sandstorm has used password spray attacks against the education sector to gain access to infrastructure used in those industries, and Microsoft has also observed the organization using social engineering against targets in higher education.  

    Mint Sandstorm 

    Microsoft has observed a subset of this Iranian attack group targeting high-profile experts working on Middle Eastern affairs at universities and research organizations. These sophisticated phishing attacks used social engineering to compel targets to download malicious files including a new, custom backdoor called MediaPl. 

    Mabna Institute  

    In 2023, the Iranian Mabna Institute conducted intrusions into the computing systems of at least 144 United States universities and 176 universities in 21 other countries.  

    The stolen login credentials were used for the benefit of Iran’s Islamic Revolutionary Guard Corps and were also sold within Iran through the web. Stolen credentials belonging to university professors were used to directly access university library systems. 

    Emerald Sleet

    This North Korean group primarily targets experts in East Asian policy or North and South Korean relations. In some cases, the same academics have been targeted by Emerald Sleet for nearly a decade.  

    Emerald Sleet uses AI to write malicious scripts and content for social engineering, but these attacks aren’t always about delivering malware. There’s also an evolving trend where they simply ask experts for policy insight that could be used to manipulate negotiations, trade agreements, or sanctions. 

    Moonstone Sleet 

    Moonstone Sleet is another North Korean actor that has been taking novel approaches like creating fake companies to forge business relationships with educational institutions or a particular faculty member or student.  

    One of the most prominent attacks from Moonstone Sleet involved creating a fake tank-themed game used to target individuals at educational institutions, with a goal to deploy malware and exfiltrate data. 

    Storm-1877  

    This actor largely engages in cryptocurrency theft using a custom malware family that they deploy through various means. The ultimate goal of this malware is to steal crypto wallet addresses and login credentials for crypto platforms.  

    Students are often the target for these attacks, which largely start on social media. Storm-1877 targets students because they may not be as aware of digital threats as professionals in industry. 

    A new security curriculum 

    Due to education budget and talent constraints and the inherent openness of its environment, solving education security is more than a technology problem. Security posture management and prioritizing security measures can be a costly and challenging endeavor for these institutions—but there is a lot that school systems can do to protect themselves.  

    Maintaining and scaling core cyberhygiene will be key to securing school systems. Building awareness of security risks and good practices at all levels—students, faculty, administrators, IT staff, campus staff, and more—can help create a safer environment.  

    For IT and security professionals in the education sector, doing the basics and hardening the overall security posture is a good first step. From there, centralizing the technology stack can help facilitate better monitoring of logging and activity to gain a clearer picture into the overall security posture and any vulnerabilities. 

    Oregon State University 

    Oregon State University (OSU), an R1 research-focused university, places a high priority on safeguarding its research to maintain its reputation. In 2021, it experienced an extensive cybersecurity incident unlike anything before. The cyberattack revealed gaps in OSU’s security operations.

    “The types of threats that we’re seeing, the types of events that are occurring in higher education, are much more aggressive by cyber adversaries.”

    —David McMorries, Chief Information Security Officer at Oregon State University

    In response to this incident, OSU created its Security Operations Center (SOC), which has become the centerpiece of the university’s security effort. AI has also helped automate capabilities and helped its analysts, who are college students, learn how to quickly write code—such as threat hunting with more advanced hunting queries. 

    Arizona Department of Education 

    A focus on Zero Trust and closed systems is an area that the Arizona Department of Education (ADE) takes further than the state requirements. It blocks all traffic from outside the United States from its Microsoft 365 environment, Azure, and its local datacenter.

    “I don’t allow anything exposed to the internet on my lower dev environments, and even with the production environments, we take extra care to make sure that we use a network security group to protect the app services.”

    —Chris Henry, Infrastructure Manager at the Arizona Department of Education 

    Follow these recommendations:  

    • The best defense against QR code attacks is to be aware and pay attention. Pause, inspect the code’s URL before opening it, and don’t open QR codes from unexpected sources, especially if the message uses urgent language or contains errors. 
    • Consider implementing “protective domain name service,” a free tool that helps prevent ransomware and other cyberattacks by blocking computer systems from connecting to harmful websites. Prevent password spray attacks with a stringent password and deploy multifactor authentication.  
    • Educate students and staff about their security hygiene, and encourage them to use multifactor authentication or passwordless protections. Studies have shown that an account is more than 99.9% less likely to be compromised when using multifactor authentication.   

    Corey Lee has always had an interest in solving puzzles and crimes. He started his college career at Penn State University in criminal justice, but soon realized his passion for digital forensics after taking a course about investigating a desktop computer break-in.  

    After completing his degree in security and risk analysis, Corey came to Microsoft focused on gaining cross-industry experience. He’s worked on securing everything from federal, state, and local agencies to commercial enterprises, but today he focuses on the education sector.  

    After spending time working across industries, Corey sees education through a different lens—the significantly unique industry of industries. The dynamics at play inside the education sector include academic institutions, financial services, critical infrastructure like hospitals and transportation, and partnerships with government agencies. According to Corey, working in such a broad field allows him to leverage skillsets from multiple industries to address specific problems across the landscape. 

    The fact that education could also be called underserved from a cybersecurity standpoint is another compelling challenge, and part of Corey’s personal mission. The education industry needs cybersecurity experts to elevate the priority of protecting school systems. Corey works across the public and industry dialogue, skilling and readiness programs, incident response, and overall defense to protect not just the infrastructure of education, but students, parents, teachers, and staff. 

    Today, Corey is focused reimagining student security operations centers, including how to inject AI into the equation and bring modern technology and training to the table. By growing the cybersecurity work force in education and giving them new tools, he’s working to elevate security in the sector in a way that’s commensurate with how critical the industry is for the future. 

    Next steps with Microsoft Security

    To learn more about Microsoft Security solutions, visit our website. Bookmark the Security blog to keep up with our expert coverage on security matters. Also, follow us on LinkedIn (Microsoft Security) and X (@MSFTSecurity) for the latest news and updates on cybersecurity.


    ¹The Institutional Impacts of a Cyberattack, University of Florida Information Technology. January 18, 2024.

    ²Cyber security breaches survey 2024: education institutions annex, The United Kingdom Department for Science, Innovation & Technology. April 9, 2024

    ³Scammers hide harmful links in QR codes to steal your information, Federal Trade Commission (Alvaro Puig), December 6, 2023.

    Methodology: Snapshot and cover stat data represent telemetry from Microsoft Defender for Office 365 showing how a QR code phishing attack was disrupted by image detection technology and how Security Operations teams can respond to this threat. Platforms like Microsoft Entra provided anonymized data on threat activity, such as malicious email accounts, phishing emails, and attacker movement within networks. Additional insights are from the 78 trillion daily security signals processed by Microsoft each day, including the cloud, endpoints, the intelligent edge, and telemetry from Microsoft platforms and services including Microsoft Defender. Microsoft categorizes threat actors into five key groups: influence operations; groups in development; and nation-state, financially motivated, and private sector offensive actors. The new threat actors naming taxonomy aligns with the theme of weather.  

    © 2024 Microsoft Corporation. All rights reserved. Cyber Signals is for informational purposes only. MICROSOFT MAKES NO WARRANTIES, EXPRESS, IMPLIED OR STATUTORY, AS TO THE INFORMATION IN THIS DOCUMENT. This document is provided “as is.” Information and views expressed in this document, including URL and other Internet website references, may change without notice. You bear the risk of using it. This document does not provide you with any legal rights to any intellectual property in any Microsoft product. 

    MIL OSI Economics

  • MIL-OSI USA: Goose Creek Man Arrested on Child Sexual Abuse Material* ChargesRead More

    Source: US State of South Carolina

    (COLUMBIA, S.C.) – South Carolina Attorney General Alan Wilson announced the arrest of Gregory Keith Day, 44, of Goose Creek, S.C., on 13 charges connected to the sexual exploitation of a minor. Internet Crimes Against Children (ICAC) Task Force investigators with the Berkeley County Sheriff’s Office made the arrest. Investigators with the Attorney General’s Office, Charleston County Sheriff’s Office, Goose Creek Police Department, Mount Pleasant Police Department, Summerville Police Department, and Homeland Security Investigations, all also members of the state’s ICAC Task Force, assisted with the investigation.

     

    Investigators received a CyberTipline report from the National Center for Missing and Exploited Children (NCMEC) which led them to Day.  Investigators state Day distributed files of child sexual abuse material.  

     

    Day was arrested on October 9, 2024. He is charged with 13 counts of sexual exploitation of a minor, second degree (§16-15-405), a felony offense punishable by up to 10 years imprisonment on each charge.

     

     

    This case will be prosecuted by the Attorney General’s Office.

     

    Attorney General Wilson stressed all defendants are presumed innocent unless and until they are proven guilty in a court of law.

     

     

     

    * Child sexual abuse material, or CSAM, is a more accurate reflection of the material involved in these heinous and abusive crimes. “Pornography” can imply the child was a consenting participant.  Globally, the term child pornography is being replaced by CSAM for this reason.

    MIL OSI USA News

  • MIL-OSI USA: Fort Mill Man Arrested on Child Sexual Abuse Material* ChargesRead More

    Source: US State of South Carolina


  • MIL-OSI: Check Point Software Recognized by Forbes for Fifth Consecutive Year as World’s Top Notch Cyber Security Employer

    Source: GlobeNewswire (MIL-OSI)

    REDWOOD CITY, Calif., Oct. 10, 2024 (GLOBE NEWSWIRE) — Check Point Software Technologies Ltd. (NASDAQ: CHKP), has been named as one of the World’s Best Employers by Forbes for the fifth year in a row. With over 6,500 employees around the world, Check Point is once again recognized as a leading cyber security employer by Forbes and was recently recognized as one of the World’s Best Companies by TIME.

    “Our employees are Check Point’s greatest asset in our mission to secure the world from cyber threats,” said Yiftah Yoffe, Chief HR Officer at Check Point Software. “We strive every day to create an inclusive and innovation-minded culture to support and encourage our employees. We are proud to be recognized for the fifth year by our employees and their peers for being the world’s top notch cyber security employer.”

    The ranking is the result of comprehensive research on employer quality conducted on a global scale in partnership with Statista. The analysis included a survey of more than 300,000 employees in over 50 countries who work for multinational corporations that employ more than 1,000 workers and operate in at least two of the six continental regions of the world. This led to millions of data points. Check Point was highly ranked in the list, earning spot #43 in the prestigious IT, Internet, Software & Services category and #613 in the full list of 850 organizations.

    Check Point takes its Environmental, Social, and Governance (ESG) responsibility seriously. The company recently released its 2023 ESG report: Security through Sustainability and Action, including its progress in achieving carbon neutrality by 2040, training people in cyber security skills for a safer digital world, dedication to diversity and inclusion, and philanthropy efforts.

    Follow Check Point via:
    LinkedIn: https://www.linkedin.com/company/check-point-software-technologies
    Twitter: https://www.twitter.com/checkpointsw
    Facebook: https://www.facebook.com/checkpointsoftware
    Blog: https://blog.checkpoint.com
    YouTube: https://www.youtube.com/user/CPGlobal

    About Check Point Software Technologies Ltd. 
    Check Point Software Technologies Ltd. (http://www.checkpoint.com) is a leading AI-powered, cloud-delivered cyber security platform provider protecting over 100,000 organizations worldwide. Check Point leverages the power of AI everywhere to enhance cyber security efficiency and accuracy through its Infinity Platform, with industry-leading catch rates enabling proactive threat anticipation and smarter, faster response times. The comprehensive platform includes cloud-delivered technologies consisting of Check Point Harmony to secure the workspace, Check Point CloudGuard to secure the cloud, Check Point Quantum to secure the network, and Check Point Infinity Platform Services for collaborative security operations and services.

    MEDIA CONTACT:
    Liz Wu
    Check Point Software Technologies
    press@checkpoint.com

    INVESTOR CONTACT:
    Kip E. Meintzer
    Check Point Software Technologies
    ir@checkpoint.com

    The MIL Network

  • MIL-OSI: Publication of a Circular – Notice of General Meeting

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION. THE INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE AN OFFER OF SECURITIES FOR SALE IN ANY JURISDICTION, INCLUDING IN THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA.

    HARGREAVE HALE AIM VCT PLC

    LEI: 213800LRYA19A69SIT31

    10 October 2024

    Publication of a circular

    On 9 October 2024, Hargreave Hale AIM VCT plc (the “Company“) launched an offer for subscription to raise up to £20 million (the “Offer“).

    The Company has also published a circular convening a general meeting (the “General Meeting“) to be held at 9.30 a.m. on 12 November 2024 at the offices of Canaccord Genuity Asset Management Limited, 88 Wood Street, London EC2V 7QR (the “Circular“). At the General Meeting, shareholders will be asked to approve: (i) share issuance authorities in relation to the Offer; and (ii) amendments to the Company’s articles of association in order to extend the date of the next continuation vote to the annual general meeting of the Company to be held in 2031.

    The Circular is available to download from the Company’s website, http://www.hargreaveaimvcts.co.uk, subject to certain access restrictions and will also shortly be available for inspection at the National Storage Mechanism, https://data.fca.org.uk/#/nsm/nationalstoragemechanism .

    For further information please contact:
    Oliver Bedford, Canaccord Genuity Asset Management Limited
    Tel: 020 7523 4837

    Important Information
    This announcement and the information contained herein is not intended to, and does not, constitute or form part of any offer, invitation, or the solicitation of an offer, to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of any securities or the solicitation of any vote or approval in any jurisdiction.

    The distribution of this announcement in jurisdictions other than the United Kingdom and the availability of the Offer to persons who are not resident in the United Kingdom may be affected by the laws of relevant jurisdictions. Therefore any persons who are subject to the laws of any jurisdiction other than the United Kingdom will need to inform themselves about, and observe, any applicable requirements.

    The MIL Network

  • MIL-OSI: YY Group Holdings Limited Successfully Regains NASDAQ Compliance

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, Oct. 10, 2024 (GLOBE NEWSWIRE) — YY Group Holding Limited (NASDAQ: YYGH) (“YY Group”, “YYGH”, or the “Company”), is pleased to announce that the company has regained compliance with NASDAQ’s Minimum Bid Price Rule, maintaining a consistent stock price above $1.00 for more than 12 consecutive business days.

    This achievement marks a key milestone in YYGH’s continued growth and recovery, after experiencing a low of $0.71 two months ago. The stock has risen by over 70%, to reach a peak at $1.295, averaging at $1.20 for the past 2 weeks, representing a significant improvement over the past 60 days. This growth highlights the market’s renewed confidence in the Company’s vision and the strength of its business model.

    Investor Support Key to Recovery

    The Company attributes this success to the unwavering support of its investors. In a market characterized by volatility, YYGH’s ability to stabilize and grow its stock price would not have been possible without the trust and confidence of its shareholders. The Company’s leadership recognizes the importance of its investor relationships and is committed to delivering long-term value through strategic initiatives and operational excellence.

    Chief Executive Officer and Executive Director, Mike Fu, expressed his gratitude, stating: “We are incredibly grateful for the support of our investors during this crucial time. Their confidence in YY Group’s future has been a vital component of our ability to regain compliance with NASDAQ’s standards. As we look ahead, our commitment to innovation, excellence, and shareholder value remains stronger than ever.”

    Looking Ahead

    As part of its forward strategy, YYGH is dedicated to driving sustainable growth by leveraging technological advancements and exploring opportunities in new markets. The recent expansions into the UAE have resulted in positive outcomes with contracts signed with 5-star hotels such as Sofitel Al Hamra and DoubleTree by Hilton. Excitedly, the company has also expanded into the European market, with the United Kingdom as its first point of entry.

    About YY Holdings Limited:
    YY Group Holding Limited is a Singapore-based data and technology-driven company that specializes in creating enterprise intelligent labor matching services and smart cleaning solutions. Rooted in innovation and a commitment to user-centric experiences, YY Circle leverages app-based technology to optimize the labor sourcing market and the Internet of Things to revolutionize the cleaning industry.

    For more information on the Company, please log on to https://yygroupholding.com/.

    Investor Contact:
    Phua Zhi Yong, Chief Financial Officer
    YY Group
    Enquiries@yygroupholding.com

    The MIL Network

  • MIL-OSI Russia: Financial news: Three Federal Treasury deposit auctions will take place on 11.10.2024

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    Application selection parameters
    Date of the selection of applications 10/11/2024
    Unique identifier of the application selection 22024518
    Deposit currency rubles
    Type of funds funds of the single treasury account
    Maximum amount of funds placed in bank deposits, million monetary units 670,000
    Placement period, in days 4
    Date of deposit 10/11/2024
    Refund date 10/15/2024
    Interest rate for placement of funds (fixed or floating) FIXED
    Minimum fixed interest rate for placement of funds, % per annum 18.14
    Basic floating interest rate for placement of funds
    Minimum spread, % per annum
    Terms of conclusion of a bank deposit agreement (fixed-term, replenishable or special) Urgent
    Minimum amount of funds placed for one application, million monetary units 1,000
    Maximum number of applications from one credit institution, pcs. 5
    Application selection form (open or closed) Open
    Application selection schedule (Moscow time)
    Venue for the selection of applications PAO Moscow Exchange
    Applications accepted: from 09:30 to 09:40
    Pre-applications: from 09:30 to 09:35
    Applications in competition mode: from 09:35 to 09:40
    Formation of a consolidated register of applications: from 09:40 to 09:50
    Setting a cut-off percentage rate and/or recognizing the selection of applications as unsuccessful: from 09:40 to 10:00
    Submission of an offer to credit institutions to conclude a bank deposit agreement: from 10:00 to 11:00
    Receiving acceptance of an offer to conclude a bank deposit agreement from credit institutions: from 10:00 to 11:00
    Deposit transfer time In accordance with the requirements of paragraph 63 and paragraph 64 of the Order of the Federal Treasury dated 04/27/2023 No. 10n
    Application selection parameters
    Date of the selection of applications 10/11/2024
    Unique identifier of the application selection 22024519
    Deposit currency rubles
    Type of funds funds of the single treasury account
    Maximum amount of funds placed in bank deposits, million monetary units 30,000
    Placement period, in days 91
    Date of deposit 10/14/2024
    Refund date 01/13/2025
    Interest rate for placement of funds (fixed or floating) FLOATING
    Minimum fixed interest rate for placement of funds, % per annum
    Basic floating interest rate for placement of funds RUONmDS
    Minimum spread, % per annum 0.00
    Terms of conclusion of a bank deposit agreement (fixed-term, replenishable or special) Urgent
    Minimum amount of funds placed for one application, million monetary units 1,000
    Maximum number of applications from one credit institution, pcs. 5
    Application selection form (open or closed) Open
    Application selection schedule (Moscow time)
    Venue for the selection of applications PAO Moscow Exchange
    Applications accepted: from 15:30 to 15:40
    Preliminary applications: from 15:30 to 15:35
    Applications in competition mode: from 15:35 to 15:40
    Formation of a consolidated register of applications: from 15:40 to 15:50
    Setting a cut-off percentage rate and/or recognizing the selection of applications as unsuccessful: from 15:40 to 16:00
    Submission of an offer to credit institutions to conclude a bank deposit agreement: from 16:00 to 17:00
    Receiving acceptance of an offer to conclude a bank deposit agreement from credit institutions: from 16:00 to 17:00
    Deposit transfer time In accordance with the requirements of paragraph 63 and paragraph 64 of the Order of the Federal Treasury dated 04/27/2023 No. 10n

    RUONmDS = RUONIA – DS, where

    RUONIA – the value of the indicative weighted rate of overnight ruble loans (deposits) RUONIA, expressed in hundredths of a percent, published on the official website of the Bank of Russia on the Internet on the day preceding the day for which interest is accrued. In the absence of a publication of the RUONIA rate value on the day preceding the day for which interest is accrued, the last of the published RUONIA rate values is taken into account.

    DS – discount – a value expressed in hundredths of a percent and rounded (according to the rules of mathematical rounding) to two decimal places, calculated by multiplying the value of the Key Rate of the Bank of Russia by the value of the required reserve ratio for other liabilities of credit institutions for banks with a universal license, non-bank credit institutions (except for long-term ones) in the currency of the Russian Federation, valid on the date for which interest is accrued, and published on the official website of the Bank of Russia on the Internet.

    Application selection parameters
    Date of the selection of applications 10/11/2024
    Unique identifier of the application selection 32024021
    Deposit currency rubles
    Type of funds funds of the Social Fund of Russia (ROPS)
    Maximum amount of funds placed in bank deposits, million monetary units 3 300
    Placement period, in days 66
    Date of deposit 10/11/2024
    Refund date 12/16/2024
    Interest rate for placement of funds (fixed or floating) FLOATING
    Minimum fixed interest rate for placement of funds, % per annum
    Basic floating interest rate for placement of funds RUONmDS
    Minimum spread, % per annum 0.00
    Terms of conclusion of a bank deposit agreement (fixed-term, replenishable or special) Special
    Minimum amount of funds placed for one application, million monetary units 1
    Maximum number of applications from one credit institution, pcs. 5
    Application selection form (open or closed) Open
    Application selection schedule (Moscow time)
    Venue for the selection of applications PAO Moscow Exchange
    Applications accepted: from 12:30 to 12:40
    Pre-applications: from 12:30 to 12:35
    Applications in competition mode: from 12:35 to 12:40
    Formation of a consolidated register of applications: from 12:40 to 12:50
    Setting a cut-off percentage rate and/or recognizing the selection of applications as unsuccessful: from 12:40 to 13:00
    Submission of an offer to credit institutions to conclude a bank deposit agreement: from 13:00 to 14:00
    Receiving acceptance of an offer to conclude a bank deposit agreement from credit institutions: from 13:00 to 14:00
    Deposit transfer time In accordance with the requirements of paragraph 63 and paragraph 64 of the Order of the Federal Treasury dated 04/27/2023 No. 10n

    RUONmDS = RUONIA – DS, where

    RUONIA – the value of the indicative weighted rate of overnight ruble loans (deposits) RUONIA, expressed in hundredths of a percent, published on the official website of the Bank of Russia on the Internet on the day preceding the day for which interest is accrued. In the absence of a publication of the RUONIA rate value on the day preceding the day for which interest is accrued, the last of the published RUONIA rate values is taken into account.

    DS – discount – a value expressed in hundredths of a percent and rounded (according to the rules of mathematical rounding) to two decimal places, calculated by multiplying the value of the Key Rate of the Bank of Russia by the value of the required reserve ratio for other liabilities of credit institutions for banks with a universal license, non-bank credit institutions (except for long-term ones) in the currency of the Russian Federation, valid on the date for which interest is accrued, and published on the official website of the Bank of Russia on the Internet.

    Contact information for media 7 (495) 363-3232PR@moex.com

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    https://www.moex.com/n73897

    MIL OSI Russia News

  • MIL-OSI Security: FBI San Francisco Releases Local Data from 2023 Cryptocurrency Fraud Report

    Source: Federal Bureau of Investigation (FBI) State Crime News

    With Cybersecurity Awareness Month in full swing, the FBI urges the public to stay vigilant

    The FBI’s 2023 Cryptocurrency Fraud Report reveals that California experienced the highest cryptocurrency-related losses in the nation, totaling $1.15 billion. Within the FBI San Francisco Field Office’s territory, losses amounted to $260,313,902, with 1,226 victims across 15 counties, including Alameda, San Francisco, and Santa Clara. Nationally, the FBI’s Internet Crime Complaint Center received more than 69,000 complaints from the public regarding cyber-enabled crime and financial fraud involving the use of cryptocurrency, with over $5.6 billion in reported losses.

    Criminal actors exploit cryptocurrencies for all schemes, to include tech support, confidence and romance, investment and government impersonation scams. Investment fraud was the most reported cryptocurrency scheme in 2023, and also saw the most reported losses, with about $3.9 billion lost.

    “Cryptocurrency’s rapid adoption has made it a prime target for fraudsters,” said Special Agent in Charge Robert Tripp. “We urge the public to stay vigilant and to report any suspected fraud to the FBI through the Internet Crime Complaint Center at ic3.gov.”

    FBI San Francisco encourages the public to submit reports of fraud, or suspected fraud, through ic3.gov, even if a financial loss did not occur.

    Below are some tips to protect yourself from cryptocurrency schemes:

    • Criminals will seek to instill a sense of urgency and isolation.
    • When receiving an unsolicited call by an unknown caller claiming to work for a well-known company or government agency, hang up, independently research the company or agency’s publicly published phone number and call it to confirm authenticity of the original call.
    • No legitimate law enforcement or government official will call to demand payment via a cryptocurrency kiosk.
    • Never give personally identifying information to anyone without verifying the person is who they say they are.
    • Verify the validity of any investment opportunity strangers or long-lost contacts offer on social media websites. If you have never met an individual in real life, be very cautious of accepting investment advice or opportunities.
    • Be on the lookout for domain or website names that impersonate legitimate financial institutions, especially cryptocurrency exchanges.
    • Fraudulent businesses often use website addresses that mimic real financial institutions, but are often slightly different, to convince people the fraudulent website is legitimate.
    • Do not download or use suspicious-looking apps as a tool for investing unless you can verify the legitimacy of the app.
    • If an investment opportunity sounds too good to be true, it likely is. Be cautious of get-rich-quick schemes.

    If you believe you are a victim of fraud or someone you know—regardless of financial loss—and you are not under imminent threat, please report the fraud to FBI’s Internet Crime Complaint Center at ic3.gov or call FBI San Francisco at (415) 553-7400.

    View the full 2023 Cryptocurrency Fraud Report

    For more information or media inquiries, email Media.sf@fbi.gov.

    MIL Security OSI

  • MIL-OSI Asia-Pac: Court users may use integrated Court Case Management System for bulk claims in Small Claims Tribunal

    Source: Hong Kong Government special administrative region

    Court users may use integrated Court Case Management System for bulk claims in Small Claims Tribunal
    Court users may use integrated Court Case Management System for bulk claims in Small Claims Tribunal
    ******************************************************************************************

    The following is issued on behalf of the Judiciary:      The Judiciary today (October 10) announced that starting from October 31, the application of the integrated Court Case Management System (iCMS) will be extended to cover bulk claims in the Small Claims Tribunal (SCT) such that court users can handle filing and payments electronically.      Bulk claims refer to claims filed by claimants who have been approved by the Principal Adjudicator to file claims in bulk for hearing at the same time in the SCT.      The iCMS is an integral part of the Judiciary’s Information Technology Strategy Plan. It aims to facilitate the handling of court-related documents and payments through an electronic mode across the various levels of court. Since 2022, the iCMS has been implemented in phases. It currently covers personal injury actions, tax claim proceedings, civil action proceedings and employees’ compensation cases in the District Court, as well as summons cases in the Magistrates’ Courts. It will incrementally be extended to other levels of court. It is also the Judiciary’s target to mandate the use of the iCMS for all legally represented litigants in respect of case types where the electronic mode have been made available, starting in 2026.      The major electronic services under the iCMS include sending case-specific court documents to the courts and receiving such documents from the courts, inspecting or searching filed documents and other case-related information held by the courts, searching cause books, and making payments for court services.      Eligible users need to register for a user account for using the full range of services under the iCMS. Eligible users include parties of an ongoing or new e-proceeding and their legal representatives (if any), the Hong Kong Bar Association, the Law Society of Hong Kong, law firms, government departments, law enforcement agencies and statutory bodies. Registration is free of charge.      Unregistered members of the public may also use certain types of iCMS services, mainly related to searching of electronic documents that are open to public inspection.      To encourage migration to e-filing and e-payment through the iCMS, a 20 per cent concession is offered to iCMS users for three years on fee items of the SCT, which are primarily or directly related to electronic handling of court documents.      As for technical requirements, the iCMS can be accessed using personal computers or mobile devices with an Internet connection, commonly used operating systems and browsers. Relevant technical requirements are available at http://www.judiciary.hk/doc/en/e_courts/AI_TechReq_iCMS_e.pdf.      Generally speaking, the iCMS operates around the clock except during system maintenance. The system maintenance schedules of the iCMS, as specified by the Judiciary, are published on the dedicated webpage of the Judiciary’s website (www.judiciary.hk/en/e_courts/index.html).      Any e-filing and e-payment received under the iCMS after the registry and the accounts office are normally closed to the public (i.e. after 5.30pm on a working day) will be deemed to be received upon the starting time of the normal opening hours of the registry and the accounts office on the following working day.      For enquiries, please call the general enquiry hotline at 2477 1002 or the technical helpline at 2886 6474, e-mail to enquiry@judiciary.hk or visit the Help Centre at 5/F, Wanchai Tower, 12 Harbour Road, Wan Chai.

     
    Ends/Thursday, October 10, 2024Issued at HKT 9:00

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Speech by SITI at LSCM Logistics Summit 2024 (English only)

    Source: Hong Kong Government special administrative region

    Speech by SITI at LSCM Logistics Summit 2024 (English only)
    Speech by SITI at LSCM Logistics Summit 2024 (English only)
    ***********************************************************

         Following is the speech by the Secretary for Innovation, Technology and Industry, Professor Sun Dong, at the LSCM Logistics Summit 2024 today (October 10):萬部長 (Deputy Director-General of the Youth Department of the Liaison Office of the Central People’s Government in the Hong Kong Special Administrative Region, Ms Wan Ning), 謝書記 (Deputy Secretary of the CPC Working Committee of Nansha Development Zone, Guangzhou Mr Xie Wei), Alan (Chairman of the Logistics and Supply Chain MultiTech R&D Centre (LSCM), Professor Alan Lam), Simon (Chief Executive Officer of the LSCM, Mr Simon Wong), distinguished speakers and guests, ladies and gentlemen,     Good morning. It is my great pleasure to join you today again at the LSCM Logistics Summit, the annual signature event that brings together industry experts, business leaders, and academics to exchange ideas on the latest developments in innovation and technology (I&T) and to promote technology adoption.     In recent years, we have witnessed remarkable advancements in I&T that have accelerated our efforts in building a smart city and bolstering the digital economy. This Summit, themed “The New Era of Digitalisation: From Smart City to Digital Economy”, represents a much-welcome opportunity to explore how the evolving technologies are shaping and digitalising Hong Kong and the entire Greater Bay Area (GBA).      Promoting digital economy and smart city development in Hong Kong is one of our major strategic directions as set out in the Hong Kong I&T Development Blueprint promulgated in late 2022. Smart Mobility and Smart Living are also key areas in smart city development. Paying heed to these strategies and priorities, the Government works closely with our key stakeholders such as the LSCM to collaborate on the I&T adventure.      The LSCM is an active partner in our endeavours on smart city development. It participates in a number of pilots and proofs-of-concept involving government bureaux and departments. A notable example is the development of the Cross-boundary Public Services self-service kiosks. The kiosks currently support around 70 public services from the Government, covering tax, company registration, property and vehicle, among others. Setting up in various GBA Mainland cities such as Zhuhai, Guangzhou and Shenzhen, these kiosks facilitate access to Hong Kong’s public services for residents and enterprises in the GBA Mainland cities, doing away with the need for in-person visits and providing significant convenience.         The LSCM’s efforts have gained wide recognition both locally and internationally, as evident by the eight awards they received at the International Exhibition of Inventions Geneva in April this year, including the self-service kiosk I shared just now. Other award-winning solutions cover a broad range of technologies such as satellite signal monitoring and Internet of things.       All these demonstrate the strong capability and creativity of the LSCM, and represent a testimony to Hong Kong’s strengths and commitment to turning our vision of becoming an international I&T centre into reality.      I am excited to learn that the LSCM will expand its collaboration networks by signing three MOUs with three leading research institutes from Mainland China respectively covering different fields of information technology such as software and container logistics. I am confident that these collaborations will inject new impetus into the LSCM’s work to generate more breakthroughs in the areas of smart city-related solutions.      Ladies and gentlemen, the development of a smart city will remain a priority of the Government. Collaboration will be the key. We will continue to join hands with our partners in the public and private sectors to push forward the smart city development of Hong Kong.         Before I close, I wish you all a rewarding experience at the LSCM Summit 2024.  Thank you very much.

     
    Ends/Thursday, October 10, 2024Issued at HKT 11:45

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI Russia: Moscow entrepreneurs learn about the rules of working with brand reputation

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    On October 21, the State Budgetary Institution “Small Business of Moscow” (MBM), with the support of the capital’s Department of Entrepreneurship and Innovative Development, will hold a conference “The Path to the Client’s Heart” for capital businessmen and anyone who wants to start their own business.

    Conference participants will learn how to manage reputation in social networks, analyze customer needs, increase their loyalty and work with the customer base. In addition, entrepreneurs will be able to receive individual expert consultations in the mentor lounge.

    The business program will begin with speeches by speakers. The deputy chief operating officer of an online reputation management agency will tell how entrepreneurs can work with brand reputation on the Internet. The head of the sales department of a social media and mass media monitoring and analysis system will explain how to build communications with clients and develop your product based on feedback.

    The event will continue with a thematic session “Customer experience for the self-employed”, a workshop “Customer base is the main asset of your business” and an individual mentoring lounge, which will take place from 17:00 to 19:00.

    The workshop will be conducted by a business coach, owner of several companies in the field of retail, services and consulting. Its participants will learn to measure the main indicators of their business, form a client base and segment it, define the goals of marketing activities for each group of clients and create promotional events for these purposes.

    Within the framework of the mentoring lounge, experts, including the founder of women’s clothing brands, the chief specialist of a consulting company, and a patent attorney, will conduct individual consultations and suggest optimal solutions to the problems facing businessmen.

    The conference will be held on October 21 from 12:00 to 19:00 in the pavilion “Art. Technograd” at the address: Prospekt Mira, house 119, building 318. Participation is free, you can register on the MBM portal. To attend the workshop and receive expert advice in the mentor lounge, you must register in advance; the number of places is limited.

    Support for businessmen is provided within the framework of the national project “Small and medium entrepreneurship and support for individual entrepreneurial initiative”. More information about this and other national projects implemented in Moscow can be found here find out here.

    State Budgetary Institution “Small Business of Moscow”, subordinate To the Department of Entrepreneurship and Innovative Development of the City, helps people open and develop their own businesses in the capital. In business service centers, everyone can learn about financial and non-financial measures of state support.

    Free educational and business events are held for entrepreneurs: forums, seminars, trainings, conferences, which help to improve professional competencies and find like-minded people.

    You can also get advice on opening and running a business and learn more about current measures to support entrepreneurs in Moscow on the MBM website and by phone: 7 495 225⁠-14⁠-14.

    Starting with coffee: entrepreneurs are invited to join the new MBM training project“MBM Business School” invites you to a course for social entrepreneursThe number of small and medium entrepreneurs in the education sector has grown by 27 percent in three years

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    http://vvv.mos.ru/nevs/item/145021073/

    MIL OSI Russia News

  • MIL-OSI Security: U.S. Attorney Alerts Public to Charity Scams in Wake of Hurricane Helene

    Source: United States Department of Justice (National Center for Disaster Fraud)

    SAN DIEGO – United States Attorney Tara McGrath issued a public safety alert today advising the public to be vigilant to hurricane relief fraud in the wake of powerful hurricanes causing devastation on the East Coast.

    “During times of crisis, be vigilant, because not all who ask for help have good intentions,” McGrath said. “Be sure to protect yourself by verifying before you donate to ensure your generous support reaches those truly in need.”

    Hurricane Milton is heading for Florida now, less than a week after Hurricane Helene made landfall in Florida’s Big Bend Region on Sept. 26 and quickly caused major devastation there and across states including Georgia, South Carolina, North Carolina, Tennessee, and others. As we have seen in the wake of previous national disasters, fraudsters will target victims of the storm along with citizens across the country who want to do what they can to assist individuals affected by the storm. Unfortunately, criminals exploit disasters for their own gain by sending fraudulent communications through email or social media and by creating deceiving websites designed to solicit contributions.

    The public should exercise diligence before giving contributions to anyone soliciting donations or individuals offering to assist those affected by Hurricane Helene. Solicitations can originate from phone calls, texts, social media, e-mail, door-to-door collections, flyers, mailings, and other similar methods. Before making a donation to benefit victims of Hurricane Helene, individuals should adhere to certain guidelines, including:

    • Make contributions directly to known organizations rather than relying on others to make the donation on your behalf.
    • Do not be pressured into making contributions as reputable charities do not use such tactics.
    • Do not respond to any unsolicited communications (e.g., e-mails and texts), and never click links contained within those messages because they may be targeting your personal information, to include bank and credit card account information, and other identifiers such as dates of birth and social security numbers.
    • Rather than clicking on a purported link to a charity, verify its legitimacy by utilizing various Internet-based resources that may assist in confirming whether the organization is a valid charity.
    • Beware of organizations with copy-cat names similar to, but not exactly the same as, those of reputable charities.
    • Avoid cash donations if possible. Pay by credit card or write a check directly to the charity. Do not make checks payable to individuals.
    • Know that legitimate charities do not normally solicit donations via money transfer services, and their website will normally end in .org rather than .com.
    • Be cautious of e-mails that claim to show pictures of the disaster areas in attached files because the files may contain viruses. Only open attachments from known senders.

    The U.S. Department of Justice established the National Center for Disaster Fraud (NCDF) in the wake of Hurricane Katrina to deter, investigate, and prosecute fraud in the wake of disasters. More than 50 federal, state, and local agencies participate in the NCDF, which reminds the public to be aware of and report any instances of alleged fraudulent activity related to relief operations and funding for victims. Complaints of fraud may be reported online at http://www.justice.gov/DisasterComplaintForm. Complaints may also be reported to the NCDF at (866) 720-5721, a hotline that is staffed 24 hours a day, 7 days a week.

    MIL Security OSI

  • MIL-OSI: TC Energy announces expiration and upsizing of cash tender offers for certain Canadian-dollar denominated debt securities

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWSWIRE SERVICES (SEE “OFFER AND DISTRIBUTION RESTRICTIONS” BELOW).

    CALGARY, Alberta, Oct. 09, 2024 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX, NYSE: TRP) (“TC Energy”) today announced (i) the expiration of the previously announced separate offers (the “Offers”) of TransCanada PipeLines Limited (the “Company”), a wholly-owned subsidiary of TC Energy, to purchase for cash up to C$350,000,000 in aggregate purchase price, excluding accrued and unpaid interest, (the “Maximum Purchase Amount”) of its outstanding notes of the two series listed in the table below (collectively, the “Notes”) at 5 p.m. (Toronto time) on Oct. 8, 2024 (the “Expiration Date”) and (ii) the Company has amended the Offers by increasing the Maximum Purchase Amount from C$350,000,000 in aggregate purchase price, excluding accrued and unpaid interest, to C$575,000,000 in aggregate principal amount.

    The Offers

    The Offers were made upon the terms and subject to the conditions set forth in the Offer to Purchase dated Oct. 1, 2024 relating to the Notes (the “Offer to Purchase”). Capitalized terms used but not defined in this news release have the meanings given to them in the Offer to Purchase.

    According to information provided by TSX Trust Company, the Tender Agent, C$1,199,486,000 combined aggregate principal amount of the Notes were validly tendered in connection with the Offers prior to or at the Expiration Date and not validly withdrawn. The table below provides certain information about the Offers, including the aggregate principal amount of each series of Notes validly tendered and not validly withdrawn prior to the Expiration Date.

    Title of Notes(1) Principal
    Amount
    Outstanding
    CUSIP / ISIN
    Nos.
    (1)
    Reference
    Security(2)
    Bloomberg
    Reference
    Page
    (2)
    Fixed Spread
    (Basis Points)
    (2)
    Principal Amount
    Tendered
    4.180% Senior Notes due 2048 C$1,100,000,000 89353ZCC0 / CA89353ZCC01 CAN 2 ¾ 12/01/55 FIT CAN0-50 160 C$892,057,000
    3.390% Senior Notes due 2028 C$500,000,000 89353ZCA4 / CA89353ZCA45 CAN 3 ½ 03/01/28 FIT CAN0-50 60 C$307,429,000

    (1) No representation is made by TC Energy or the Company as to the correctness or accuracy of the CUSIP numbers or ISINs listed in this news release or printed on the Notes. They are provided solely for convenience.

    (2) The total consideration for each series of Notes (such consideration, the “Total Consideration”) payable per each C$1,000 principal amount of such series of Notes validly tendered and accepted for purchase will be based on the applicable Fixed Spread specified in the table above for such series of Notes, plus the applicable yield based on the bid-side price of the applicable Canadian reference security as specified in the table above, as quoted on the applicable Bloomberg Reference Page as of 10 a.m. (Toronto time) on Oct. 9, 2024, unless extended by the Company with respect to the applicable Offer. The Total Consideration does not include the applicable Accrued Coupon Payment, which will be payable in cash in addition to the applicable Total Consideration.

    Indicative Series Acceptance Amounts

    The Company expects to accept for purchase C$575,000,000 in aggregate principal amount of the 4.180% Senior Notes due 2048 (the “2048 Notes”) tendered into the Offer for such Notes on a pro rata basis within such series, with the actual amount accepted to be adjusted for rounding due to proration. The Company does not expect to accept for purchase any of the 3.390% Senior Notes due 2028 tendered into the Offer for such Notes.

    Pricing and Settlement

    Pricing in respect of the 2048 Notes is expected to occur at 10 a.m. (Toronto time) on Oct. 9, 2024, following which the Final Acceptance Amount, the Offer Yield and the Total Consideration in respect of the 2048 Notes validly tendered and accepted for purchase pursuant to the Offers will be announced by the Company.

    The “Settlement Date” in respect of any 2048 Notes validly tendered and accepted for purchase pursuant to the Offer for such Notes is expected to be Oct. 15, 2024. The Company will also pay an Accrued Coupon Payment in respect of 2048 Notes validly tendered and accepted for purchase pursuant to the Offer for such Notes. Holders whose 2048 Notes are accepted for purchase will lose all rights as Holder of the tendered 2048 Notes and interest will cease to accrue on the Settlement Date for all 2048 Notes accepted in the Offer for such Notes.

    The Offers are subject to the satisfaction of certain conditions as described in the Offer to Purchase. The Company reserves the right, subject to applicable law, to waive any and all conditions to any Offer. If any of the conditions is not satisfied, the Company is not obligated to accept for payment, purchase or pay for, and may delay the acceptance for payment of, any tendered Notes, in each event subject to applicable laws, and may terminate or alter any or all of the Offers.

    Deutsche Bank Securities Inc. (“Deutsche Bank”), J.P. Morgan Securities Canada Inc. (“JPM”), Morgan Stanley Canada Limited (“MS”) and RBC Dominion Securities Inc. (“RBC”) are acting as the dealer managers (the “Dealer Managers”) for the Offers. Questions regarding the terms and conditions for the Offers or for copies of the Offer to Purchase should be directed to JPM at 1.403.532.2126, MS at 1.416.943.8400 or RBC at 1.877.381.2099 (toll-free) or 1.416.842.6311 (collect). Deutsche Bank is not registered as a dealer in any Canadian jurisdiction and, accordingly, neither it nor any of its affiliates will, directly or indirectly, advertise, solicit, facilitate, negotiate, effect or take any other act in furtherance of any purchase or tender of Notes in connection with the Offers and any such solicitation, advertisement or other act with respect to the Offers will be conducted by JPM, MS and RBC. You may also contact your broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Offers.

    If the Company terminates any Offer with respect to one or more series of Notes, it will give prompt notice to the Tender Agent, and all Notes tendered pursuant to such terminated Offer will be returned promptly to the tendering Holders thereof. With effect from such termination, any Notes blocked in CDS will be released.

    Offer and Distribution Restrictions

    The Offers were made solely pursuant to the Offer to Purchase. This news release does not constitute a solicitation of an offer to buy any securities in the United States. No Offer constitutes an offer or an invitation by, or on behalf of, TC Energy, the Company or the Dealer Managers (i) to participate in the Offers in the United States; (ii) to, or for the account or benefit of, any “U.S. person” (as such term is defined in Regulation S of the U.S. Securities Act of 1933, as amended); or (iii) to participate in the Offers in any jurisdiction in which it is unlawful to make such an offer or solicitation in such jurisdiction, and such persons are not eligible to participate in or tender any securities pursuant to the Offers. No action has been or will be taken in the United States or any other jurisdiction that would permit the possession, circulation or distribution of this news release, the Offer to Purchase or any other offering material or advertisements in connection with the Offers to (i) any person in the United States; (ii) any U.S. person; (iii) anyone in any other jurisdiction in which such offer or solicitation is not authorized; or (iv) any person to whom it is unlawful to make such offer or solicitation. Accordingly, neither this news release, the Offer to Purchase nor any other offering material or advertisements in connection with the Offers may be distributed or published, in or from the United States or any such other jurisdiction (except in compliance with any applicable rules or regulations of such other jurisdiction). Tenders will not be accepted from any holder located or resident in the United States.

    In any jurisdiction in which the securities laws require the Offers to be made by a licensed broker or dealer, the Offers will be deemed to have been made on behalf of the Company by the Dealer Managers or one or more registered brokers or dealers that are licensed under the laws of such jurisdiction.

    This news release is for informational purposes only. This news release is not an offer to purchase or a solicitation of an offer to sell any Notes or any other securities of TC Energy, the Company or any of their subsidiaries.

    Forward-Looking Statements

    This news release contains certain forward-looking information and forward-looking statements as defined in applicable securities laws (collectively referred to as “forward-looking statements”). Forward-looking statements include: statements regarding the terms and timing for completion of the Offers, including the acceptance for purchase of any Notes validly tendered and the expected Settlement Date thereof; and the satisfaction or waiver of certain conditions of the Offers.

    Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of TC Energy to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that may cause actual results to vary include, but are not limited to, conditions in financial markets, investor response to the Offers, and other risk factors as detailed from time to time in TC Energy’s reports filed with Canadian securities administrators and the U.S. Securities and Exchange Commission.

    Readers are cautioned against unduly relying on forward-looking statements. Forward-looking statements are made as of the date of the relevant document and, except as required by law, TC Energy undertakes no obligation to update publicly or otherwise revise any forward-looking statements, whether as a result of new information or future events or otherwise.

    About TC Energy

    We’re a team of 7,000+ energy problem solvers working to safely move, generate and store the energy North America relies on. Today, we’re delivering solutions to the world’s toughest energy challenges – from innovating to deliver the natural gas that feeds LNG to global markets, to working to reduce emissions from our assets, to partnering with our neighbours, customers and governments to build the energy system of the future. It’s all part of how we continue to deliver sustainable returns for our investors and create value for communities.

    TC Energy’s common shares trade on the Toronto (TSX) and New York (NYSE) stock exchanges under the symbol TRP. To learn more, visit us at TCEnergy.com.

    -30-

    Media Inquiries:
    Media Relations
    media@tcenergy.com
    403-920-7859 or 800-608-7859

    Investor & Analyst Inquiries:
    Gavin Wylie / Hunter Mau
    investor_relations@tcenergy.com
    403-920-7911 or 800-361-6522

    PDF available: http://ml.globenewswire.com/Resource/Download/ef553881-2d73-4dda-9255-428724543d0a

    The MIL Network

  • MIL-OSI USA: SPC Tornado Watch 690

    Source: US National Oceanic and Atmospheric Administration

    Note:  The expiration time in the watch graphic is amended if the watch is replaced, cancelled or extended.Note: Click for Watch Status Reports.
    SEL0

    URGENT – IMMEDIATE BROADCAST REQUESTED
    Tornado Watch Number 690
    NWS Storm Prediction Center Norman OK
    815 AM EDT Wed Oct 9 2024

    The NWS Storm Prediction Center has issued a

    * Tornado Watch for portions of
    Central and South Florida
    Coastal Waters

    * Effective this Wednesday morning and evening from 815 AM until
    900 PM EDT.

    * Primary threats include…
    Several tornadoes likely
    Isolated damaging wind gusts to 70 mph possible

    SUMMARY…Supercells in the outer rain bands of Hurricane Milton
    will pose a threat for several tornadoes today across the central
    and southern Florida Peninsula. The forecast maximum wind gusts and
    mean cell motion apply to severe thunderstorms outside the eyewall.

    The tornado watch area is approximately along and 85 statute miles
    east and west of a line from 35 miles east northeast of Saint
    Petersburg FL to 10 miles south southwest of Marathon FL. For a
    complete depiction of the watch see the associated watch outline
    update (WOUS64 KWNS WOU0).

    PRECAUTIONARY/PREPAREDNESS ACTIONS…

    REMEMBER…A Tornado Watch means conditions are favorable for
    tornadoes and severe thunderstorms in and close to the watch
    area. Persons in these areas should be on the lookout for
    threatening weather conditions and listen for later statements
    and possible warnings.

    &&

    AVIATION…Tornadoes and a few severe thunderstorms with hail
    surface and aloft to 0.5 inches. Extreme turbulence and surface wind
    gusts to 60 knots. A few cumulonimbi with maximum tops to 500. Mean
    storm motion vector 17040.

    …Gleason

    Note: The Aviation Watch (SAW) product is an approximation to the watch area. The actual watch is depicted by the shaded areas.
    SAW0
    WW 690 TORNADO FL CW 091215Z – 100100Z
    AXIS..85 STATUTE MILES EAST AND WEST OF LINE..
    35ENE PIE/SAINT PETERSBURG FL/ – 10SSW MTH/MARATHON FL/
    ..AVIATION COORDS.. 75NM E/W /31ENE PIE – 38E EYW/
    HAIL SURFACE AND ALOFT..0.5 INCH. WIND GUSTS..60 KNOTS.
    MAX TOPS TO 500. MEAN STORM MOTION VECTOR 17040.

    LAT…LON 28118075 24597976 24598246 28118354

    THIS IS AN APPROXIMATION TO THE WATCH AREA. FOR A
    COMPLETE DEPICTION OF THE WATCH SEE WOUS64 KWNS
    FOR WOU0.

    Watch 690 Status Report Message has not been issued yet.

    Note:  Click for Complete Product Text.Tornadoes

    Probability of 2 or more tornadoes

    High (80%)

    Probability of 1 or more strong (EF2-EF5) tornadoes

    Low (20%)

    Wind

    Probability of 10 or more severe wind events

    Low (20%)

    Probability of 1 or more wind events > 65 knots

    Low (10%)

    Hail

    Probability of 10 or more severe hail events

    Low ( 2 inches

    Low (

    MIL OSI USA News

  • MIL-OSI USA: SPC Oct 9, 2024 Day 4-8 Severe Weather Outlook

    Source: US National Oceanic and Atmospheric Administration

    Day 4-8 Severe Weather Outlook Issued on Oct 9, 2024

    Updated: Wed Oct 9 08:32:03 UTC 2024

     .

    D4
    Sat, Oct 12, 2024 – Sun, Oct 13, 2024
    D7
    Tue, Oct 15, 2024 – Wed, Oct 16, 2024

    D5
    Sun, Oct 13, 2024 – Mon, Oct 14, 2024
    D8
    Wed, Oct 16, 2024 – Thu, Oct 17, 2024

    D6
    Mon, Oct 14, 2024 – Tue, Oct 15, 2024
    (All days are valid from 12 UTC – 12 UTC the following day)

    Note: A severe weather area depicted in the Day 4-8 period indicates 15%, 30% or higher probability for severe thunderstorms within 25 miles of any point.

    PREDICTABILITY TOO LOW is used to indicate severe storms may be possible based on some model scenarios. However, the location or occurrence of severe storms are in doubt due to: 1) large differences in the deterministic model solutions, 2) large spread in the ensemble guidance, and/or 3) minimal run-to-run continuity.

    POTENTIAL TOO LOW means the threat for a regional area of organized severe storms appears unlikely (i.e., less than 15%) for the forecast day.

     Forecast Discussion

    ZCZC SPCSWOD48 ALL
    ACUS48 KWNS 090830
    SPC AC 090830

    Day 4-8 Convective Outlook
    NWS Storm Prediction Center Norman OK
    0330 AM CDT Wed Oct 09 2024

    Valid 121200Z – 171200Z

    …DISCUSSION…
    Overall upper pattern across the central and eastern CONUS is
    expected to undergo significant amplification from D4/Saturday into
    D7/Tuesday as a series of shortwave troughs move through
    progressively deeper troughing. By early D7/Tuesday, upper troughing
    is expected to extend from the primary cyclone over the Canadian
    Maritimes into the central Plains.

    A cold front is expected to accompany the first shortwave trough,
    moving across the eastern CONUS on D4/Saturday and D5/Sunday.
    Limited buoyancy should keep the thunderstorm potential along this
    front low. Strong ridging will follow in the wake of this front,
    with dry and stable conditions precluding thunderstorms across the
    majority of the CONUS. The only exception is along the Gulf
    Coast/Florida, where enough low-level moisture may be in place to
    support some thunderstorms.

    ..Mosier.. 10/09/2024

    CLICK TO GET WUUS48 PTSD48 PRODUCT

    MIL OSI USA News

  • MIL-OSI Global: The woman who revolutionized the fantasy genre is finally getting her due

    Source: The Conversation – USA – By Dennis Wise, Professor of Practice in English Literature, University of Arizona

    Hugo Award-winner Arthur C. Clarke called Judy-Lynn del Rey the ‘most brilliant editor I ever encountered.’ Artwork by Adriano Botega. Courtesy of Inspiration Films, LLC.

    Think of your favorite fantasy or science fiction novel. You’ll know the author and title, of course. But can you think of its editor or publisher?

    In publishing, the people who work behind the scenes rarely get their due. But on Oct. 1, 2024, at least, one industry pioneer got the limelight. On that day, PBS aired “Judy-Lynn del Rey: The Galaxy Gal,” the first episode of its new documentary series “Renegades,” which highlights little-known historical figures with disabilities.

    A woman with dwarfism, Judy-Lynn del Rey was best known for founding Del Rey Books, a science fiction and fantasy imprint that turned fantasy in particular into a major publishing category.

    As a scholar of fantasy literature, I had the good fortune to serve as research consultant for the PBS project. Due to time constraints, however, the episode could tell only half of del Rey’s story, passing over how she affected science fiction and fantasy themselves.

    Judy-Lynn del Rey, you see, had very clear notions on what kind of stories people wanted to buy. For some critics, she also committed the unforgivable sin of being right.

    The Mama of ‘Star Wars’

    Over the course of her career, del Rey earned a reputation as a superstar editor among her authors. Arthur C. Clarke, who co-wrote the screenplay for “2001: A Space Odyssey,” called her the “most brilliant editor I ever encountered,” and Philip K. Dick said she was the “greatest editor since Maxwell Perkins,” the legendary editor of Ernest Hemingway and F. Scott Fitzgerald.

    She got her start, though, working as an editorial assistant – in truth, a “gofer” – for the most lauded science fiction magazine of the 1960s, Galaxy. There she learned the basics of publishing and rose rapidly through the editorial ranks until Ballantine Books lured her away in 1973.

    Soon thereafter, Ballantine was acquired by publishing giant Random House, which then named del Rey senior editor. Yet her first big move was a risky one – cutting ties with Ballantine author John Norman, whose highly popular “Gor” novels were widely panned for their misogyny.

    Del Rey’s acquisition of the rights to ‘Star Wars’ was a boon for Ballantine.
    The Internet Speculative Fiction Database

    Nonetheless, del Rey’s mission was to develop a strong backlist of science fiction novels that could hook new generations of younger readers, not to mention adults. One early success was her “Star Trek Log” series, a sequence of 10 novels based on episodes of “Star Trek: The Animated Series.”

    But del Rey landed an even bigger success by snagging the novelization rights to a science fiction film that, at the time, few Hollywood executives believed would do well: “Star Wars.”

    This savvy gamble led to years of lucrative tie-in products for Ballantine such as calendars, art books, sketchbooks, the Star Wars Intergalactic Passport and, of course, more novels set in the Star Wars universe – so many different tie-ins, in fact, that del Rey dubbed herself the “Mama of Star Wars.”

    Afterward, she became someone who, as reporter Jennifer Crighton put it, radiated “with the shameless glee of one of the Rebel forces, an upstart who won.”

    A big player in big fiction

    Del Rey’s tendencies as an editor were sometimes criticized – often by competitors who could not match her line’s success – for focusing too much on Ballantine’s bottom line. But she also chose to work within the publishing landscape as it actually existed in the 1970s, rather than the one she only wished existed.

    In his book “Big Fiction,” publishing industry scholar Dan Sinykin calls this period the “Conglomerate Era,” a time when publishing houses – usually small and family run – were being consolidated into larger corporations.

    One benefit of this shift, however, was greater corporate investment in the industry, which boosted print runs, marketing budgets, author advances and salaries for personnel.

    Ballantine’s parent company, Random House, was also known as an industry leader in free speech, thanks to the efforts of legendary CEOs Bennett Cerf and Robert L. Bernstein.

    Accordingly, Random House gave their publishing divisions, including Ballantine, immense creative autonomy.

    And when del Rey was finally given her own imprint in 1977, she took her biggest risk of all: fantasy.

    The Del Rey era

    In prior decades, fantasy had a reputation for being unsellable – unless, of course, your name was J.R.R. Tolkien, or you wrote Conan-style barbarian fiction. Whereas the top science fiction magazines often had distinguished runs, fantasy magazines often folded due to lack of sales.

    The popular film version of ‘The Princess Bride’ was aided by del Rey’s earlier advocacy for reissuing the novel.
    The Internet Speculative Fiction Database

    In 1975, though, del Rey hired her husband, Lester del Rey, to develop a fantasy line, and when Del Rey Books launched two years later, it landed major successes with bestsellers such as Terry Brooks’ “The Sword of Shannara” and Stephen R. Donaldson’s “The Chronicles of Thomas Covenant the Unbeliever.” Yet even though Lester edited the fantasy authors, Judy-Lynn oversaw the imprint and the marketing.

    One lesser-known example of her prowess is “The Princess Bride.”

    Today, most people know the 1987 film, but the movie originated as a much earlier novel by William Goldman. The original 1973 edition, however, sold poorly. It might have faded into obscurity had del Rey not been determined to revive Ballantine’s backlist.

    She reissued “The Princess Bride” in 1977 with a dazzling, gate-folded die-cut cover and a new promotional campaign, without which the novel – and the film – might never have found its later success.

    Accolades accumulate

    Thanks to these efforts, Del Rey Books dominated genre publishing, producing more bestselling titles through 1990 than every other science fiction and fantasy publisher combined. Yet despite complaints that the imprint prioritized commercial success over literary merit, Del Rey authors earned their fair share of literary accolades.

    The prestigious Locus Poll Award for best science fiction novel went to Del Rey authors Julian May and Isaac Asimov in 1982 and 1983. Other Locus awardees include Patricia A. McKillip, Robert A. Heinlein, Larry Niven, Marion Zimmer Bradley and Barbara Hambly.

    Barry Hughart’s “Bridge of Birds” was one of two winners for the World Fantasy Award in 1985 and won the Mythopoeic Society Award in 1986. Even more impressively, Del Rey ran away with the Science Fiction Book Club Award during that prize’s first nine years of existence, winning seven of them. The imprint’s titles also won three consecutive August Derleth Fantasy Awards – now called the British Fantasy Award – from 1977 through 1979.

    Yet despite these accolades, Del Rey’s reputation continued to suffer from its own commercial success. Notably, Judy-Lynn del Rey was never nominated for a Hugo Award for best professional editor. When she died in 1986, the Hugo committee belatedly tried granting her a posthumous award, but her husband, Lester, refused to accept it, saying that it came too late.

    Although the current narrative continues to be that Del Rey Books published mainly formulaic mass-market fiction in its science fiction and fantasy lines, the time may be ripe to celebrate the foresight and iconoclasm of a publisher who expanded speculative fiction beyond the borders of a small genre fandom.

    I was research consultant for the PBS episode mentioned in the article, but I am not an employee of PBS or any other organization mentioned in this article.

    ref. The woman who revolutionized the fantasy genre is finally getting her due – https://theconversation.com/the-woman-who-revolutionized-the-fantasy-genre-is-finally-getting-her-due-240198

    MIL OSI – Global Reports

  • MIL-OSI: SIMPPLE Ltd. Announces New Contracts and Partnerships in Australia and New Zealand

    Source: GlobeNewswire (MIL-OSI)

    Singapore, Oct. 09, 2024 (GLOBE NEWSWIRE) — SIMPPLE Ltd. (NASDAQ: SPPL) (“SIMPPLE” or “the Company”), a leading technology provider and innovator in the facilities management (FM) sector, today announced the closing of multiple contracts and strategic partnerships in Australia and New Zealand (ANZ). The contracts included agreements to provide:

    • an end-to-end integrated cleaning services and compliance solution incorporating workforce management, IoT sensors and robotics, at two international and one regional Australian airport, to the aviation services arm of a global Danish outsourcing company with annual revenue of over $11 billion;
    • a cleaning services and compliance solution, at five campuses of an Australian university, to the education services arm of that same Danish company;
    • a cleaning services and compliance solution, at a food manufacturing plant in Sydney, to the manufacturing services division of a global UK-headquartered facilities management services company with annual revenue of over $2 billion; and
    • a cleaning services and compliance solution, at a major retail centre in Sydney, for another division of that same UK-headquartered company.

    Aggregate revenue from these four contracts is projected at approximately $2.35 million.

    SIMPPLE’s recently completed strategic partnerships include five collaborations aimed at distributing SIMPPLE Robotics and software capabilities and building a service delivery, maintenance and support network across ANZ. These new partners include:

    • a provider of robotic solutions and services to the hospitality, retail and healthcare industries in Australia;
    • a Sydney-headquartered supplier of autonomous security robots and other technology solutions to major corporate and government customers in Australia;
    • a Sydney-headquartered retailer and wholesaler of cleaning equipment and supplies;
    • a Brisbane-headquartered supplier of cleaning, catering, hospitality, health and hygiene supplies to businesses in Australia; and
    • a supplier of A.I. robotic solutions in New Zealand.

    Spearheading the closing of these contracts and partnerships was the new leadership team at the recently established SIMPPLE Australia Pty Ltd subsidiary in Brisbane. This team includes Aloysius Chong, SIMPPLE’s former CEO relocated in February 2023 to Australia to serve as SIMPPLE Australia Pty Ltd’s Director of Brand and Product Strategy; James Yatras, appointed in February 2023 as SIMPPLE’s Head of Australia and New Zealand; and Greg Crisp, appointed in June 2024 as the Company’s Regional Sales Director for Australia and New Zealand.

    “These contracts and partnerships mark a significant step in our strategic expansion into the lucrative Australia and New Zealand markets,” said SIMPPLE Ltd CEO Norman Schroeder. “These agreements also highlight our Company’s capability to venture into a wide range of new sectors covering aviation, education, healthcare, and manufacturing – a significant expansion from our existing retail, institutions, and commercial office sectors.”

    The new agreements, he said, also stem from the unique position, held by SIMPPLE Australia Pty Ltd and its ANZ partners, of being that region’s only supplier of end-to-end facilities management solutions able to integrate software, robotics, ESG auditing and reporting, IoT sensors and other diverse data collection technologies into a single platform.

    This platform, he added, is built modular to accommodate small businesses, yet can be scaled up and/or down to meet the variable requirements of large enterprise-wide organizations.

    “Going forward,” said the CEO, “we believe the ANZ region offers SIMPPLE major growth potential. I am confident that our Australia Pty Ltd team is expertly positioned to drive this growth by providing targeted best of breed solutions to facility owners, operators, and service providers in this market.”

    Mr. Schroeder underscored the Company’s potential in the ANZ market by referencing SIMPPLE Australia Pty Ltd’s announcement, on September 12, that its new range of AI spot cleaning robots had received the Excellence Award (Innovation) for Large Equipment at the International Sanitary Supply Association (ISSA) Cleaning & Hygiene Expo in Sydney.

    According to recent data from Expert Market Research, the Australia facility management market was valued at $37.37 billion in 2023 and is projected to grow at a CAGR of 4.5% to reach a value of $56.93 billion by 2032. This growth, said the study, is expected to be driven by rising numbers of infrastructure development projects, increased focus on sustainability and cost optimization, and the growing need for outsourcing of technology integration services within facilities.

    A Mordor Intelligence report projected that the facilities management markets in Australia and New Zealand are expected to grow at a CAGR of 8.1% and 2.5%, respectively, from 2024 through 2029. Growth in Australia, said Mordor, is expected to be fuelled by multiple industries adopting integrated FM services models that can meet all core customer needs on a large scale, and by those FM models incorporating newer technologies allowing for intelligent buildings and work environments. Future New Zealand FM sector growth, said the report, will be spurred by increasing end-user awareness of the need for energy conservation and developed building infrastructure.

    “The possibilities for SIMPPLE in ANZ are plentiful,” concluded Mr. Schroeder. “We look forward to announcing further progress for this region in the near future.”

    About SIMPPLE LTD.

    Headquartered in Singapore, SIMPPLE LTD. is an advanced technology solution provider in the emerging PropTech space, focused on helping facilities owners and managers manage facilities autonomously. Founded in 2016, the Company has a strong foothold in the Singapore facilities management market, serving over 60 clients in both the public and private sectors and extending out of Singapore into Australia and the Middle East. The Company has developed its proprietary SIMPPLE Ecosystem, to create an automated workforce management tool for building maintenance, surveillance and cleaning comprised of a mix of software and hardware solutions such as robotics (both cleaning and security) and Internet-of-Things (“IoT”) devices. 

    For more information on SIMPPLE, please visit: https://www.simpple.ai

    Safe Harbor Statement

    This press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement.

    Forward-looking statements are only predictions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur.

    For investor and media queries, please contact:
    SIMPPLE LTD.
    Investor Relations Department
    Email: ir@simpple.ai

    Visit the Investor Relation Website: https://www.investor.simpple.ai/

    Skyline Corporate Communications Group, LLC
    Scott Powell, President
    1177 Avenue of the Americas, 5th Floor
    New York, NY 10036
    Tel: (646) 893-5835
    Email: info@skylineccg.com  

    The MIL Network

  • MIL-OSI: VanEck Launches $30M Fund to Support Innovation in Fintech, Crypto and AI

    Source: GlobeNewswire (MIL-OSI)

    The Fund is available to Qualified Purchasers Only, is subject to significant risk and may not be suitable for all investors. Please carefully read the Private Placement Memorandum before investing.

    NEW YORK, Oct. 09, 2024 (GLOBE NEWSWIRE) — VanEck, a leading global investment management firm, announces the launch of VanEck Ventures, a $30 million early-stage fund dedicated to investing in visionary founders operating at the intersection of fintech, digital assets, and artificial intelligence. This launch marks VanEck’s strategic expansion into venture capital, building on its long-established record of identifying and supporting transformative markets.

    “From pioneering an approach to gold investing in 1968 to recognizing the disruptive potential of Bitcoin in 2017, embracing a long-term view on transformative opportunities has always been part of our investment philosophy. This fund extends that vision into the early-stage venture space,” said Jan van Eck, CEO of VanEck. “We look forward to supporting founders of what we believe are some of the most disruptive companies in fintech—those building the future of finance.”

    VanEck Ventures invests in category-defining founders pushing the boundaries of financial applications and markets leveraging emerging technologies like blockchain and large language models. The fund’s investment philosophy focuses on supporting exceptional teams building at the application layer while maintaining an infrastructure-agnostic approach. The fund’s core investment themes include tokenized assets, internet native financial marketplaces, and next-generation payments building on stablecoins and tokenized capital markets.

    The fund is led by Wyatt Lonergan and Juan Lopez, both seasoned investors with experience in fintech and crypto ventures. Previously, Lonergan and Lopez headed Circle Ventures, the venture arm of USDC-issuer Circle, where they successfully invested over $50 million in early-stage companies ranging from infrastructure to consumer applications. Their leadership, combined with VanEck’s strong reputation in asset management, positions VanEck Ventures as a valuable partner for emerging innovative startups. VanEck’s global workforce and senior leadership support the fund from an operational and advisory perspective.

    “Three inflection points core to our investment thesis are starting to reshape the foundation of the internet: stablecoins emerging as an open-source banking layer, the commoditization of blockspace, and AI breakthroughs. The convergence of these is creating unprecedented opportunities for globally connected, user-centric financial experiences, and we are excited to back founders building on these innovations,” said Wyatt Lonergan, General Partner at VanEck Ventures.

    The fund expects to make 25 to 35 investments with check sizes ranging from $500,000 to $1 million, focusing on companies that offer both strategic and financial upside. The fund has already made 4 investments yet to be announced.

    “Over the past few years, we’ve seen stablecoins enable seamless, large-scale value storage and transfer along with Linux-like composability,” said Juan Lopez, General Partner at VanEck Ventures. “As several on-chain utilities, focused on programmability and compliance, come to market with growing regulatory clarity, it’s never been a more exciting time to build. Our goal is to be a long-term partner to bold founders defining the next phase of blockchain utility.”

    About VanEck

    VanEck has a history of looking beyond the financial markets to identify trends that are likely to create impactful investment opportunities. We were one of the first U.S. asset managers to offer investors access to international markets. This set the tone for the firm’s drive to identify asset classes and trends – including gold investing in 1968, emerging markets in 1993, and exchange traded funds in 2006 – that subsequently shaped the investment management industry.

    Today, VanEck offers active and passive strategies with compelling exposures supported by well-designed investment processes. As of August 31, 2024, VanEck managed approximately $113.9 billion in assets, including mutual funds, ETFs and institutional accounts. The firm’s capabilities range from core investment opportunities to more specialized exposures to enhance portfolio diversification. Our actively managed strategies are fueled by in-depth, bottom-up research and security selection from portfolio managers with direct experience in the sectors and regions in which they invest. Investability, liquidity, diversity, and transparency are key to the experienced decision-making around market and index selection underlying VanEck’s passive strategies.

    Since our founding in 1955, putting our clients’ interests first, in all market environments, has been at the heart of the firm’s mission.

    General Disclosures

    This is not an offer to buy or sell, or a recommendation to buy or sell any of the securities, financial instruments or digital assets mentioned herein. The information presented does not involve the rendering of personalized investment, financial, legal, tax advice, or any call to action. Certain statements contained herein may constitute projections, forecasts and other forward-looking statements, which do not reflect actual results, are for illustrative purposes only, are valid as of the date of this communication, and are subject to change without notice. Actual future performance of any assets or industries mentioned is unknown. Information provided by third party sources are believed to be reliable and have not been independently verified for accuracy or completeness and cannot be guaranteed. VanEck does not guarantee the accuracy of third party data. The information herein represents the opinion of the author(s), but not necessarily those of VanEck or its other employees.

    The Fund is available to Qualified Purchasers Only. Please carefully read the Private Placement Memorandum before investing. An investor should consider the investment objective, risks, charges and expenses of the Fund carefully before investing. There is no guarantee the Fund will achieve its investment objective and investors may lose their entire investment. The Fund is not suitable for all investors. Past performance is not a guarantee of future results.

    The Partnership’s investment program is speculative and entails substantial risks. There can be no assurance that the Partnership’s investment objective will be achieved.

    An investment in the Fund involves a high degree of risk, including, without limitation, uncertain returns, market risk, risks associated with Limited Partner default, indemnification risks, illiquidity, possible lack of diversification, lack of management control, tax risks and potential conflicts of interest. There is no guarantee that the Funds’ investment objectives will be achieved.

    VANECK ABSOLUTE RETURN ADVISERS CORPORATION (“VEARA”), THE INVESTMENT MANAGER OF THE FUND, IS A MEMBER OF NFA AND IS SUBJECT TO NFA’S REGULATORY OVERSIGHT AND EXAMINATIONS. VEARA HAS ENGAGED OR MAY ENGAGE IN UNDERLYING OR SPOT VIRTUAL CURRENCY TRANSACTIONS IN THE FUND. ALTHOUGH NFA HAS JURISDICTION OVER VEARA, YOU SHOULD BE AWARE THAT NFA DOES NOT HAVE REGULATORY OVERSIGHT AUTHORITY FOR UNDERLYING OR SPOT MARKET VIRTUAL CURRENCY PRODUCTS OR TRANSACTIONS OR VIRTUAL CURRENCY EXCHANGES, CUSTODIANS OR MARKETS. YOU SHOULD ALSO BE AWARE THAT GIVEN CERTAIN MATERIAL CHARACTERISTICS OF THESE PRODUCTS, INCLUDING LACK OF A CENTRALIZED PRICING SOURCE AND THE OPAQUE NATURE OF THE VIRTUAL CURRENCY MARKET, THERE CURRENTLY IS NO SOUND OR ACCEPTABLE PRACTICE FOR NFA TO ADEQUATELY VERIFY THE OWNERSHIP AND CONTROL OF A VIRTUAL CURRENCY OR THE VALUATION ATTRIBUTED TO A VIRTUAL CURRENCY BY VEARA.

    General Digital Asset Risks

    Cryptocurrencies and digital assets are not suitable for all investors. Investments in digital assets and Web3 companies are highly speculative and involve a high degree of risk. These risks include, but are not limited to: the technology is new and many of its uses may be untested; intense competition; slow adoption rates and the potential for product obsolescence; volatility and limited liquidity, including but not limited to, inability to liquidate a position; loss or destruction of key(s) to access accounts or the blockchain; reliance on digital wallets; reliance on unregulated markets and exchanges; reliance on the internet; cybersecurity risks; and the lack of regulation and the potential for new laws and regulation that may be difficult to predict. Moreover, the extent to which Web3 companies or digital assets utilize blockchain technology may vary, and it is possible that even widespread adoption of blockchain technology may not result in a material increase in the value of such companies or digital assets.

    Digital asset prices are highly volatile, and the value of digital assets, and Web3 companies, can rise or fall dramatically and quickly. If their value goes down, there’s no guarantee that it will rise again. As a result, there is a significant risk of loss of your entire principal investment.

    Digital assets are not generally backed or supported by any government or central bank and are not covered by FDIC or SIPC insurance. Accounts at digital asset custodians and exchanges are not protected by SPIC and are not FDIC insured. Furthermore, markets and exchanges for digital assets are not regulated with the same controls or customer protections available in traditional equity, option, futures, or foreign exchange investing.

    Digital assets include, but are not limited to, cryptocurrencies, tokens, NFTs, assets stored or created using blockchain technology, and other Web3 products.

    Web3 Companies include but are not limited to, companies that involve the development, innovation, and/or utilization of blockchain, digital assets, or crypto technologies.

    © Van Eck Associates Corporation

    ©️ Van Eck Securities Corporation, Distributor, a wholly owned subsidiary of Van Eck Associates Corporation
    666 Third Avenue, New York, NY 10017
    Phone: 800.826.2333
    Email: info@vaneck.com

    Media Contact

    Garret J. Shaw
    +1 517.213.3180
    garret@serotonin.co

     

    A photo accompanying this announcement is available at: 
    https://www.globenewswire.com/NewsRoom/AttachmentNg/6c23f9cc-2c26-4460-975f-b5b0c214c2e9

    The MIL Network

  • MIL-OSI Banking: Verizon Business unveils Digital Agent, a new sales model geared to supercharge its Partner Network

    Source: Verizon

    Headline: Verizon Business unveils Digital Agent, a new sales model geared to supercharge its Partner Network

    NEW YORK – Verizon Business announced a new sales model, Digital Agent, created to bolster new business opportunities for existing and new partners in the Verizon Partner Network. Digital Agent enables channel partners to sell Business Internet, connected laptops and tablets with no deal registration, opportunity or lead required. Partners on the platform can sell on behalf of Verizon Business in a new way designed to help facilitate seamless sales with greater benefit to the customer.

    “Digital transformation is at the core of increasing efficiencies and creating simplicity in our business, especially when it comes to enabling our partner ecosystem with new tools and resources. Our partners need to transact quickly from quoting to activation, ultimately seeking seamless API integration with our systems. Our team created Digital Agent as a key enabler on this journey,” said Mark Tina, Channel Chief and Vice President of Indirect Partner Sales for Verizon Business. “When you think about the trends that are taking the workforce by storm, for example the skyrocketing popularity of connected laptops, it is clear that partners and customers need an avenue to obtain these assets quickly and reliably. Digital Agent opens up doors for our partners to cast a wide net and sell more quickly, while the customers we serve can get the tools they need to help their business grow.”

    Partners can access Digital Agent from anywhere in the field via their online portal. In the portal, partners easily view products with prospects, build a shopping cart, and send to the customer for them to place their order in one fell swoop. The user-friendly portal was designed with customers and partners in mind, giving partners the needed flexibility to simply create a quote and sell, all in one spot.

    Verizon Business is continuously sourcing feedback from its channel partners, and the launch of this new model is a direct result of these ongoing conversations. Digital Agent opens up a new way for partners in the Verizon Partner Network to sell key products that will benefit their customers while they’re on the go. Connect with the Verizon Partner Network to find the right indirect agent model for you.

    MIL OSI Global Banks

  • MIL-OSI: Publication of a Prospectus and Relevant Related Party Transaction

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION. THE INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE AN OFFER OF SECURITIES FOR SALE IN ANY JURISDICTION, INCLUDING IN THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA.

    THIS ANNOUNCEMENT IS AN ADVERTISEMENT AND NOT A PROSPECTUS.

    HARGREAVE HALE AIM VCT PLC

    LEI: 213800LRYA19A69SIT31 

    9 October 2024

    Publication of a Prospectus and Relevant Related Party Transaction

    Offer for Subscription

    Further to the announcement on 18 September 2024, the Board of Hargreave Hale AIM VCT plc (the “Company“) is pleased to announce that the Company has today published a prospectus (the “Prospectus“) in relation to an offer for subscription under which the Company is seeking to raise up to £20 million (the “Offer“).

    The Offer is now open and will close at 12.00 p.m. on 12 August 2025 (unless fully subscribed by an earlier date or closed at the Directors’ discretion). Persons intending to apply for ordinary shares under the Offer for the 2024/25 tax year should note that the deadline for such applications is 5.00 p.m. on 21 March 2025.

    Persons wishing to participate in the Offer must complete an Electronic Application Form (available at http://www.hargreaveaimvcts.co.uk) accompanied by electronic payment and follow the instructions given. The Board is of the view that the Electronic Application Form is the most efficient and cost-effective way for investors to participate in the Offer.

    Early Bird Discount

    Canaccord Genuity Asset Management Limited (“CGAM“) will offer an “early bird discount” of up to 2 per cent. on the initial fee for those applications received by CGAM by 5.00 p.m. on Friday, 29 November 2024, subject to a maximum aggregate subscription under the “early bird offer” of £10 million. The 2 per cent. discount (to the standard 3.5 per cent. initial fee) will only apply to applications which do not trigger the payment of introductory commission to a Financial Intermediary. In such cases, the available discount will fall to 1 per cent. Discounts are paid through the allotment of additional Offer Shares to the Investor. CGAM reserves the right to vary the terms of the “early bird offer”, including to revoke such offer, at any time and in its sole discretion.

    Relevant Related Party Transaction

    As part of the Offer, the Company has entered into an offer agreement with CGAM, dated 9 October 2024 (the “Offer Agreement“). Under the Offer Agreement, CGAM has agreed to administer the Offer, act as receiving agent to the Company in relation to the Offer and to use its reasonable endeavours to procure subscribers for shares in the Company. As consideration for the services to be provided under the Offer Agreement, the Company shall pay CGAM a fee of 3.5 per cent. of the gross proceeds of the Offer. Out of this fee, CGAM shall pay all costs and expenses of and incidental to the Offer and the preparation of the Prospectus.

    The investment manager of the Company is CGAM. Under the Listing Rules of the FCA, a related party of a closed-ended investment fund includes the investment manager of the fund. As such, the arrangement under the Offer Agreement constitutes a relevant related party transaction as defined in UKLR 11.5.4R. The Board considers the arrangement under the Offer Agreement to be fair and reasonable as far as the shareholders of the Company are concerned having been so advised by the Company’s sponsor, Howard Kennedy Corporate Services LLP.

    The Prospectus is available to download from the Company’s website, http://www.hargreaveaimvcts.co.uk, subject to certain access restrictions. The Prospectus will also shortly be available for inspection at the National Storage Mechanism, https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

    All capitalised terms used and not defined in this announcement shall have the same meaning as in the Prospectus.

    For further information please contact:

    Oliver Bedford, Canaccord Genuity Asset Management Limited

    Tel: 020 7523 4837

    Important Information

    This announcement is an advertisement for the purposes of the Prospectus Regulation Rules of the UK Financial Conduct Authority (“FCA“) and is not a prospectus. This announcement does not constitute or form part of, and should not be construed as, an offer for sale or subscription of, or solicitation of any offer to subscribe for or to acquire, any ordinary shares in the Company in any jurisdiction, including in or into Australia, Canada, Japan, the Republic of South Africa, the United States or any member state of the EEA (other than any member state of the EEA where the Company’s securities may be lawfully marketed). Investors should not subscribe for or purchase any ordinary shares referred to in this announcement except on the basis of information in the Prospectus in its final form, published today by the Company in connection with the Offer and the proposed admission of new ordinary shares to the Official List of the FCA and to trading on London Stock Exchange plc’s main market for listed securities. A copy of the Prospectus is available for inspection, subject to certain access restrictions, from the Company’s registered office, for viewing at the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism and on the Company’s website (http://www.hargreaveaimvcts.co.uk). Approval of the Prospectus by the FCA should not be understood as an endorsement of the securities that are the subject of the Prospectus. Potential investors are recommended to read the Prospectus before making an investment decision in order to fully understand the potential risks and rewards associated with a decision to invest in the Company’s securities.

    The distribution of this announcement may be restricted by law in certain jurisdictions and persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction. This announcement does not constitute, and may not be construed as, an offer to sell, or the solicitation of an offer to acquire or subscribe for, securities of the Company in any jurisdiction where such offer or solicitation is unlawful or would impose any unfulfilled registration, qualification, publication or approval requirements on the Company or Howard Kennedy Corporate Services LLP. The offer and sale of securities of the Company has not been and will not be registered under the applicable securities laws of Australia, Canada, Japan, the Republic of South Africa or the United States. Subject to certain exemptions, the securities of the Company may not be offered to or sold within Australia, Canada, Japan, the Republic of South Africa, the United States or any member state of the EEA or to any national, resident or citizen of Australia, Canada, Japan, the Republic of South Africa, the United States, or any member state of the EEA.

    This announcement is not for publication or distribution, directly or indirectly, in or into the United States of America. This announcement is not an offer of securities for sale into the United States. The securities of the Company have not been and will not be registered under the US Securities Act of 1933, as amended, and may not be offered or sold in the United States or to any national, resident or citizen of the United States. No public offering of securities is being made in the United States. In addition, the Company has not been and will not be registered under the US Investment Company Act of 1940, as amended.

    The information in this announcement is for background purposes only and does not purport to be full or complete. No reliance may be placed for any purpose on the information contained in this announcement or its accuracy or completeness. The material contained in this announcement is given as at the date of its publication (unless otherwise marked) and is subject to updating, revision and amendment. In particular, any proposals referred to herein are subject to revision and amendment.

    This announcement does not constitute a recommendation concerning the Company or the Offer. The price and value of securities and any income from them can go down as well as up. Past performance is not a guide to future performance and prospective investors may not receive any return from the Company. Before purchasing any securities of the Company, persons viewing this announcement should ensure that they fully understand and accept the risks set out in the Prospectus. Information in this announcement or any of the documents relating to the Company or the Offer cannot be relied upon as a guide to future performance. Potential investors should consult a professional adviser as to the suitability of the Offer for them.

    Howard Kennedy Corporate Services LLP, which is authorised and regulated by the FCA, is acting only for the Company in connection with the matters described in this announcement and is not acting for or advising any other person, or treating any other person as its client, in relation thereto and will not be responsible for providing the regulatory protection afforded to clients of Howard Kennedy Corporate Services LLP or advice to any other person in relation to the matters contained herein.

    Neither Howard Kennedy Corporate Services LLP, the Company, or any of their respective parents or subsidiary undertakings, or the subsidiary undertakings of any such parent undertakings, or any of such person’s respective directors, partners, officers, employees, agents, affiliates or advisers or any other person (“their respective affiliates”) accepts (save where required by law) any responsibility or liability whatsoever for/or makes any representation or warranty, express or implied, as to this announcement, including the truth, accuracy or completeness of the information in this announcement (or whether any information has been omitted from the announcement) or any other information relating to the Company, whether written, oral or in a visual or electronic form, and howsoever transmitted or made available or for any loss howsoever arising from any use of this announcement or its contents or otherwise arising in connection therewith.

    The MIL Network

  • MIL-OSI Security: RCMP Headquarters — PEI RCMP’s response to mental health matters

    Source: Royal Canadian Mounted Police

    The Prince Edward Island RCMP recognize the important role police play in responding to mental health crises. PEI RCMP responded to 1169 mental health calls and 636 wellbeing checks last year. These represent a diverse number of complaints from those who present extreme danger to themselves and others, to situations where individuals simply need to be connected with help. Wellbeing checks are instances where someone is concerned for someone else’s well being, for example a family member concerned that they have not seen their loved one for some time, or there has been a change in their loved one’s behaviour. Wellbeing checks listed here are only those instances that have been determined to not be mental health related.

    RCMP take a de-escalation approach in dealing with mental health calls, while balancing public safety. The goal is always to bring the best possible outcomes for all those involved. In some of these cases those in crisis present a danger to themselves, healthcare workers and others; it is for this reason that police are often at the front line when responding to these situations.

    RCMP Training:

    Our goal is to bring about a peaceful, safe resolution and we train to achieve this goal. Almost all the officers with PEI RCMP have taken Crisis Intervention and De-escalation training. This course specifically trains officers to deal with mental health crisis incidents. Officers re-qualify on scenario-based training on an annual basis, these scenarios include Mental Health Crisis simulations and serve to reinforce the skills they have learned. In addition, officers have been trained with Road to Mental Readiness, ASIST (Applied Suicide Intervention Skills Training), Resolving Conflict Effectively, Cultural Awareness and Humility training, Interest Based Negotiation, Understanding and Responding to Mental Illness, and many other continuous learning and developmental opportunities.

    Resources:

    We work with our partners including Mobile Mental Health, and other health care providers to connect those in crisis with the appropriate resources that may support them. PEI RCMP recognize that in most cases mental health incidents are not criminal in nature and our role is to ensure the safety of any health care provider, patient and the public while those in crisis access the health care resources they need.

    PEI RCMP currently maintain a Police Mental Health Liaison. This position helps improve engagement with partner agencies under the Social Services umbrella, with a particular focus on Mobile Mental Health and BRIDGE. BRIDGE is a group of support agencies across PEI that meet regularly to coordinate help for those at high risk.

    RCMP officers across the Province carry the 40mm Extended Range Impact Weapon, a less lethal intervention option. This weapon looks and sounds like a Firearm, but it fires a foam projectile. Its recent use proved it is a very useful tool for police in bringing about a safe less-lethal resolution to dangerous incidents, without having to resort to the use of potentially lethal force.

    RCMP JURISDICTION MENTAL HEALTH OCCURRENCES

    1. (Jan 1 – Oct 8th) = 788

    2023 = 1169

    2022 = 991

    2021 = 904

    WELLNESS CHECKS

    2024 Wellbeing checks (Jan 1 – Oct 8th) = 664

    2023 Wellbeing checks = 618

    PEI RCMP recognize the role police play in assisting with mental health calls. Training our personnel to respond in ways that will achieve the best possible outcomes for all involved has been, and will continue to remain a priority. As we engage with all those agencies and organizations involved in supporting mental health, we look to learn and stay current with the best practices available that will support those facing mental health issues. The safety of all Islanders is the top priority for all police agencies, regardless of any challenges individuals may face.

    “Your PEI RCMP works with community partners and health professionals to ensure those that are in a mental health crisis are dealt with compassion and respect, while maintaining the safety of our communities, police officers, and the clients. We have demonstrated here on the island that we utilize de-escalation and all tools available to bring safe and successful conclusions to our interactions with the public. Due to the unpredictability of mental health incidents, safety of everyone involved is first and foremost”, said Chief Superintendent Kevin Lewis.

    MIL Security OSI