NewzIntel.com

Category: Machine Learning

  • MIL-OSI: Bybit Brings Gold and Forex Trading to the Forefront with Exclusive Copy Trading Fiesta

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, Jan. 28, 2025 (GLOBE NEWSWIRE) —

    Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has unveiled the Copy Trading Gold & FX Fiesta, an exclusive event offering a total prize pool of 130,000 USDT. This unique opportunity invites crypto traders to explore Gold and Forex markets through Bybit’s innovative Copy Trading platform, which simplifies trading for beginners and experienced participants alike. The event runs from now until Feb. 24, 2025, providing a seamless gateway for crypto traders to expand their strategies into new asset classes.

    Participants can unlock rewards by completing a variety of engaging tasks. Traders who register as Master Traders and complete their first trade on the Copy Trading Gold & FX platform will be eligible to receive a 50 USDT airdrop. Those who choose to follow a Master Trader and execute their first copy trade are eligible for a 10 USDT airdrop. Participants can enhance their chances of winning by completing a daily trading task. By trading at least 2 lots of Gold or forex, they can unlock one Lucky Draw opportunity each day, adding more potential rewards to their experience.

    Bybit’s Copy Trading Gold & FX Fiesta is designed to help traders diversify their portfolios, moving beyond traditional cryptocurrency markets to explore the potential of Gold and Forex. With the global economy showing positive growth, this is a chance to discover new opportunities and expand into promising asset classes. Bybit’s platform ensures convenience by leveraging USDT instead of fiat, simplifying transactions and making it easy for users to participate. Beginners can follow the strategies of experienced traders through Copy Trading, gaining confidence and insights as they trade alongside industry pros.

    Joan Han, Sales and Marketing Director at Bybit, shared her thoughts on the event: “By combining exclusive features with a user-friendly platform, we’re making it easier than ever for our users to explore new trading opportunities and diversify their portfolios. This event is the perfect gateway for those looking to enter the Gold and Forex markets while leveraging the expertise of seasoned traders.”

    Rewards for this event are distributed on a first-come, first-served basis. Lucky Draw rewards will be credited to winners’ Rewards Hub and must be claimed within 14 days. To qualify, participants must register via the designated event page and complete Identity Verification Level 1. Restrictions apply, and users are advised to read the terms and conditions. 

    For any questions or assistance, users can contact Bybit’s Customer Support team.

    #Bybit / #TheCryptoArk

    About Bybit
    Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

    For more details about Bybit, please visit Bybit Press
    For media inquiries, please contact: media@bybit.com 
    For updates, please follow: Bybit’s Communities and Social Media
    Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

    Contact

    Head of PR
    Tony Au
    Bybit
    tony.au@bybit.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d39060a8-34cf-4f63-bc50-08e09e6d083d

    The MIL Network –

  • MIL-OSI: Behavioral Innovations Transforms Applied Behavior Analysis Scheduling Operations with CentralReach’s AI-Powered Scheduling Solution, CR ScheduleAI

    Source: GlobeNewswire (MIL-OSI)

    Fort Lauderdale, FL, Jan. 28, 2025 (GLOBE NEWSWIRE) — CentralReach, the leading provider of Autism and IDD Care software for ABA, multidisciplinary, and special education, shared that its CR ScheduleAI™ solution is helping customers such as Behavioral Innovations transform ABA scheduling with just a few clicks. Powered by the company’s proprietary AI agent, cari™, CR ScheduleAI maximizes ABA and multidisciplinary schedules analyzing hundreds of data points to match the right provider with the right client to enable CentralReach customers including Behavioral Innovations maximize authorization hours, Registered Behavior Technician (RBT) requested hours, and reduce burden on scheduling staff.

    Amid the ongoing shortage of qualified clinicians and RBTs in autism and IDD care, where waitlists often span 6 to 18+ months, CR ScheduleAI helps schedulers maximize RBT-to-client availability to enable providers to meet the growing demand more efficiently. CR ScheduleAI automatically accounts for language preferences, preferred providers, location of services, drive time, authorized service hours, client and technician availability and cancellations, and more, allowing users to see a minimum of 20% increase in appointments and helping reduce extensive wait times that often lead to delayed interventions or inconsistent treatment.

    “Before CR ScheduleAI, it took upwards of eight to ten hours to create a schedule personalized to match client preferences and meet clinical requirements and RBT requested hours, often resulting in inefficiencies and unfilled time slots for providers,” explained Jennifer Stanley, Senior Director of Business Optimization for Behavioral Innovation. “With CR ScheduleAI, we now experience a 75% time savings, allowing us to create schedules for 3,000 employees across 86 clinics more efficiently, improving clinic utilization rates and drastically reducing time spent on manual scheduling tasks.”

    The solution is also adding new enhancements that will further optimize the scheduling process, including:

    ●  Embedded Cancellations: Schedulers can now quickly reoptimize the schedule to account for one or multiple cancellations that could be due to employee turnover, client churn, and other unexpected factors.

    ●  Interactive Drafts: Schedulers can now also interact, bulk edit, and partially publish an optimized schedule in real-time, making scenario planning even easier.

    “The complexities and layers involved in ABA scheduling are immense and increase exponentially as you scale to serve more clients. There are overt losses to inadequate scheduling, like revenue and turnover, but also many hidden costs that practices are often unaware of until it’s too late,” said Chris Sullens, CEO of CentralReach. “And, while third party point solutions can offer some benefit, I know from my 10+ years building software for a scheduling-intensive logistics and field service company that maximum benefit can only be achieved with a deeply integrated agent-based scheduling solution that is integrated into a practice’s core workflow and has full access to data and constraints in real time. We have made significant investments over many years to create the automation layer necessary to power an enterprise-grade solution and the coming user experience enhancements in the first half of 2025 will make CR ScheduleAI even easier and more powerful than it is today. We’re proud to see the impact that CR ScheduleAI is having on customers’ ability to meet rising demand more efficiently and excited to see the impact it will have in helping to close the autism and IDD care gap as adoption continues to ramp.”

    For more information on CR ScheduleAI visit: https://centralreach.com/products/scheduleai/

    About CentralReach
    CentralReach is the leading provider of autism and IDD care software, providing the only complete, end-to-end software and services platform that helps children and adults diagnosed with autism spectrum disorder (ASD) and related intellectual and developmental disabilities (IDD) – and those who serve them – unlock potential, achieve better outcomes, and live more independent lives. With its roots in Applied Behavior Analysis, the company is revolutionizing how the lifelong journey of autism and IDD care is enabled at home, school, and work with powerful and intuitive solutions purpose-built for each care setting.

    Trusted by more than 185,000 professionals globally, CentralReach is committed to ongoing product advancement, market-leading industry expertise, world-class client satisfaction, and support of the autism and IDD community to propel autism and IDD care into a new era of excellence. For more information, please visit CentralReach.com or follow us on LinkedIn and Facebook.

    The MIL Network –

  • MIL-OSI United Kingdom: Charter Market traders offered FREE training in essential business skills

    Source: St Albans City and District

    Publication date:

    Traders at St Albans Charter Market are to be offered FREE training and advice to improve their skills and help their business grow.

    St Albans City and District Council, which runs the market, has teamed up with St Albans Enterprise Agency (STANTA) to make the assistance available.

    To qualify for the 12 hours of free help, a trader needs to be a regular at the Market and have run their business for up to five years.

    They can then apply to have a choice of training and advice modules under the Government-backed Get Enterprising programme delivered by STANTA. This includes:

    • Business advice from an experienced adviser.

    • Assistance with choosing the most suitable business structure.

    • Free workshops with content ranging from business planning, bookkeeping to digital marketing and AI.

    Get Enterprising is funded by the Government with the aim of helping new and fledgling businesses.

    Councillor Paul de Kort, the Council’s Leader and Lead for Economic Development, said:

    This is a great opportunity for some of our Charter Market entrepreneurs to get first class training and advice on a wide range of business matters.

    We want to support our traders who not only create a great atmosphere in the City Centre, but also help the local economy by bringing in visitors and creating jobs.

    This training will assist them, not just in managing their businesses but in growing them as well. A market is a wonderful place to start a business as some of Britain’s leading business people started out that way.

    I am delighted that we are building a strong relationship with STANTA and together in the future we will look io provide more support and training opportunities for our traders.

    STANTA’s Executive Director Steve Bedford said:

    We are delighted to work alongside St Albans City and District Council to make available our business advice and skills workshop services to St Albans Market traders. 

    We have a wide remit in terms of supporting startups, young and small business in the area and look forward to working with the market traders.

    STANTA is an independent enterprise agency which has been active in St Albans, Harpenden and the surrounding area for more than 40 years.

    A not-for-profit service, it has helped local people start, grow and develop successful businesses: https://stanta.co.uk/.

    Charter Market traders will receive details of how to apply to the scheme from the Council’s markets team.

    Photo: the Charter Market.

    Media contact:  John McJannet, Principal Communications Officer: 01727- 819533; john.mcjannet@stalbans.gov.uk.

    MIL OSI United Kingdom –

  • MIL-OSI USA: Preventing the Spread of Avian Influenza

    Source: US State of New York

    Governor Kathy Hochul today announced New York State’s ongoing proactive measures to prevent the spread of the highly pathogenic avian influenza (HPAI) and facilitate early detection, particularly on New York farms. Following the detection of HPAI in poultry on a farm in Suffolk County and in several wild and domestic birds at a learning center in Putnam County, the State is encouraging organizations in contact with wild birds to remain vigilant for signs of illness in their domestic animals. Farms are urged to practice biosecurity measures to prevent the spread of the virus. While HPAI can spread quickly among wild birds and poultry, there have been no documented human cases in New York State, and the risk to humans is low.

    “At my direction, New York State is continuing to monitor for HPAI and take proactive measures to keep our communities safe,” Governor Hochul said. “While the risk to public health remains low, I encourage all New Yorkers, especially individuals frequently in contact with poultry and wild birds, to remain vigilant and take the necessary steps to protect our state.”

    New York State Department of Agriculture and Markets Commissioner Richard A. Ball said, “New York State has been monitoring for HPAI and taking a number of proactive measures to prevent the spread of HPAI in the state since the first detection in a backyard poultry operation here in 2022. The protocols we have in place, and continue to update, for early detection in poultry and livestock are working, helping us to identify cases and deploy resources to help. We encourage everyone who keeps poultry and livestock to be vigilant about minimizing their animals’ exposure to the virus and to wild bird populations and practice good biosecurity measures.”

    New York State Department of Health Commissioner Dr. James McDonald said, “As Highly Pathogenic Avian Influenza continues to be detected in New York State, we are remaining vigilant and are working closely with our state and local partners to minimize the risk to people who have or may come into contact with infected animals. The State Department of Health will continue to support farmers and other industry professionals who have contact with wild birds with resources and guidance. While the risk to humans remains low, we will continue to monitor these detections in animals including livestock and poultry to assess any potential risks to public health and safety.”

    New York State Department of Environmental Conservation Interim Commissioner Sean Mahar said, “The DEC continues to work closely with State and federal partners to reduce the spread of HPAI. New Yorkers are encouraged to avoid direct contact with sick or dead wild birds and poultry, especially waterfowl and raptors, and hunters are reminded to not harvest sick or dead animals. People should report unusual wildlife mortalities to their local DEC regional office.”

    The New York State Department of Health is also reminding the public that this recent HPAI detection does not present an immediate public health concern. The State Department of Health is providing guidance and resources to the local health departments that responded to these two situations. Individuals who may have had contact with infected birds are being monitored for symptoms and will be evaluated for HPAI if any become sick.

    While both recent HPAI cases are under control and surveillance of surrounding farms continues, the State continues to urge those involved in poultry production to take extra steps to prevent their flocks from becoming infected. All poultry producers, from small backyard to large commercial operations, should review their biosecurity plans and take precautions to protect their birds. Poultry biosecurity materials and checklists can be found on the USDA’s “Defend the Flock” website.

    In addition to practicing good biosecurity, poultry owners should keep their birds away from wild ducks and geese and their droppings. Outdoor access for poultry should be limited at this time, particularly as the State continues to see HPAI detections in wild bird populations.

    To report sick birds, unexplained high number of deaths, or sudden drop in egg production, please contact the New York State Department of Agriculture and Markets (AGM) Division of Animal Industry at (518) 457-3502 or the USDA at (866) 536-7593.

    HPAI in Dairy Cattle
    AGM also recently announced that it is implementing new testing initiatives on dairy farms as part of its aggressive, proactive response to the outbreak of HPAI in livestock in other states. Working in close collaboration with federal partners, including USDA’s Animal and Plant Health Inspection Service, FDA, and the National Association of State Departments of Agriculture, and state partners, including the New York State Department of Health, this enhanced testing strategy is part of the State’s effort to protect animal and human health and prevent the transmission of HPAI in livestock in New York State. While there have been no detections of HPAI in livestock in New York to date, the State’s comprehensive approach is aimed at ensuring the state remains free of HPAI and facilitating early detection.

    In addition to the new testing initiative, New York State has implemented multiple preventative measures to protect animal and human health since the first detection of HPAI in dairy cattle in Texas in March 2024. In April, June, and August 2024, the Department issued orders on import requirements for dairy cattle coming into New York as well as testing requirements for lactating dairy cattle entering fairs or exhibitions. These orders continue to remain in place until further notice.

    USDA offers several producer support programs that are available to all dairy producers as well as certain programs only available to dairy producers with HPAI-positive herds. These programs include tools to support biosecurity planning and implementation as well as financial support programs to offset costs associated with HPAI testing, veterinary expenses, personal protective equipment purchases, milk disposal, and milk losses.

    MIL OSI USA News –

  • MIL-OSI United Nations: WFP reaches hundreds of thousands of people in Gaza in first week of the ceasefire

    Source: World Food Programme

    Photo: WFP/Photolibrary. WFP distribution point operated at the Nusierat camp by WFP’s partner, Global Communities.

    GAZA/CAIRO – The United Nations World Food Programme (WFP) reached more than 330,000 people in Gaza with food assistance in the first week of the ceasefire, providing food parcels, hot meals and cash assistance to war-weary families.

    “The first week has brought hope, but it is still early days. We must keep up this momentum,” said Antoine Renard, WFP Country Director in Palestine. “And with so many people on the move now, keen to reach their homes and reunite with their families in the north, we need to make sure they have food wherever they are. WFP’s priority is to ensure assistance follows the people.”

    Here are the latest updates on WFP operations in Gaza:

    • WFP has brought 10,130 metric tons of food into Gaza since the ceasefire. Food entered Gaza through all available corridors from Jordan, Israel and Egypt.

    • For the first time in months, families in Gaza are now receiving significantly more rations – two food parcels and a 25-kg bag of wheat flour.
    • In total, WFP reached more 330,000 people in the first week of the ceasefire with food parcels and hot meals.
    • WFP has also distributed nutrition products to 46,000 people, including children under 5 and pregnant and breastfeeding women.
    • If the ceasefire holds, WFP aims to reach one million people each month for the next three months. WFP has enough food pre-positioned along the borders and on its way to Gaza to feed over a million people with full rations for three months.
    • A cash assistance programme started on Monday, with 7,000 people reached on day one, and more than 32,000 as of today. This money will enable families to meet their basic needs – not only food – as they seek to relocate and rebuild. The aim is to reach 30,000 families (150,000 people) in one month.
    • Thanks to the influx of fresh supplies entering the Strip, WFP has also been able to get bakeries up and running in the south – eight old and 5 new ones – and prepare hot meals and deliver ready-to-eat meals to families in shelters.
    • The humanitarian situation in the West Bank is also critical. WFP is ready to provide voucher assistance to approximately 3,750 people in Jenin camp, allowing them to obtain food at a local retailer or receive food parcels. Additionally, cash assistance will be provided to 12,750 displaced households affected by military operations.

    Download photos here

    Download video footage here

    #                 #                   #

    The United Nations World Food Programme is the world’s largest humanitarian organization saving lives in emergencies and using food assistance to build a pathway to peace, stability and prosperity for people recovering from conflict, disasters and the impact of climate change.

    Follow us on X, formerly Twitter, via @wfp_media 

    MIL OSI United Nations News –

  • MIL-OSI: Atomicwork Secures $25M in Series A Funding to Transform Enterprise IT with Agentic AI

    Source: GlobeNewswire (MIL-OSI)

    San Francisco, Jan. 28, 2025 (GLOBE NEWSWIRE) — Atomicwork, a leading innovator in agentic service management solutions for Enterprise IT, today announced that it has raised $25 million in their Series A funding round. The round was led by Khosla Ventures and Z47, with participation from Battery Ventures, Blume Ventures, and Peak XV Partners. This new infusion of capital accelerates Atomicwork’s mission to transform IT service management (ITSM) with its innovative AI-native platform that modernizes how businesses operate and drive growth.

    A New Era for Enterprise IT Service Management
    Today’s enterprises face a pivotal moment. As operations expand globally and digital systems multiply, traditional ITSM tools are reaching their limits. These legacy solutions – built for an earlier era of process management – can’t keep pace with modern business demands. 

    CEOs and CIOs recognize the need for transformative change. The challenge isn’t just about managing IT anymore – it’s about empowering organizations to thrive in an increasingly dynamic digital landscape. 

    Atomicwork’s agentic service management platform combines an enterprise knowledge graph with agentic AI to offload work from IT teams, allowing them to focus on driving business impact rather than managing everyday processes. By radically simplifying enterprise workflows, managing incidents in real-time, and enabling self-healing, Atomicwork is helping businesses stay ahead in today’s fast-moving digital business environment. 

    Atomicwork founders: (L to R): Kiran Darisi, Vijay Rayapati and Parsuram Vijayasankar.

    “We are pioneering agentic service management to transform how companies manage their IT workflows and enterprise services. This investment is a significant milestone, validating our vision of a future where smarter IT teams drive business growth and companies are empowered by technology, not bogged down by it.” said Vijay Rayapati, co-founder and CEO of Atomicwork. “Our unified and adaptive self-service experience will enable businesses to move faster.” 

    Global businesses like Zuora and Pepper Money use Atomicwork to empower their teams with seamless service, intelligent automation, and actionable insights, driving productivity and transforming their digital workplace experience. 

    Backing by Industry Leaders 
    The funding round comes on the heels of strong product adoption and backing from 40+ global CIOs, CTOs and industry veterans. 

    “Atomicwork’s AI agents can autonomously handle everyday IT services, and employees can then focus on actually growing the business,” said Kanu Gulati of Khosla Ventures. “This is the AI innovation that large organizations need to radically transform how they work.”  

    “Atomicwork has built a remarkable team and proven technology, and we’ve witnessed firsthand how they’re transforming IT service management for global businesses. Their potential is immense to redefine the future of enterprise IT with Agentic AI.” said Pranay Desai, Managing Director at Z47.  “Having been part of their journey since the seed round, we’re thrilled to continue our partnership and support their next phase of growth. ”  

    Future growth and expansion 
    These Series A funds will be used to further scale and deploy Enterprise AI agents and invest in GTM expansion. The company plans to enhance its platform support for key enterprise integrations and ensure seamless scalability. 

    “Enterprise IT is undergoing a radical transformation and Atomicwork’s agentic service management platform is in a great position to innovate in this space,” said Neeraj Agrawal, General Partner at Battery Ventures. “We are excited to be a part of the company’s journey as it continues to scale and innovate for enterprise IT teams.”

    Ends

    Media images can be found here. 

    About Atomicwork 
    Atomicwork helps enterprises reduce IT service costs and boost productivity through its agentic service management platform. Built for modern businesses, Atomicwork eliminates manual IT tasks, reducing resolution times by 90%, and empowers IT teams to focus on strategic initiatives that drive growth.

    Trusted by leading enterprises, Atomicwork transforms enterprise service management while delivering exceptional employee experiences and accelerating business success. Headquartered in San Francisco, Atomicwork also has offices in Singapore and India. For more information please visit: www.atomicwork.com

    The MIL Network –

  • MIL-OSI USA: Rep. Simpson Cosponsors Bill to Codify President Trump’s Executive Border Action into Law

    Source: US State of Idaho

    Rep. Simpson Cosponsors Bill to Codify President Trump’s Executive Border Action into Law

    Washington, January 28, 2025

    WASHINGTON—Idaho Congressman Mike Simpson cosponsored H.R. 273, the REMAIN in Mexico Act, a bill that codifies one of President Trump’s successful immigration policies. This legislation is led by Congressman Brandon Gill (R-TX) and has bipartisan support from over 100 members of Congress.
    “Under President Trump’s first administration, the American people understood the meaning of a secure border, largely due to President Trump’s successful Remain in Mexico border policy. The Biden administration’s reckless decision to repeal this policy fueled a surge of illegal immigration pouring into our communities over the last four years. Congress must codify this proven Trump policy into federal law to keep Americans safe. I am proud to cosponsor this commonsense bill to help secure our southern border and strengthen our national security,” said Rep. Simpson.
    President Trump’s “Remain in Mexico” policy is officially known as the migrant protection protocols, first implemented by the Trump administration in January 2019. The protocols allow the U.S. government to return foreign individuals who entered the U.S. via the southern border to Mexico to await immigration proceedings.

    MIL OSI USA News –

  • MIL-OSI Economics: Samsung Names 50 U.S. Schools as State Winners in the Solve for Tomorrow STEM Competition, Vying for a Share of $2 Million in Prizes

    Source: Samsung

    Gen Z and Gen Alpha students across the nation have accepted the challenge to boldly solve pressing community issues using STEM (Science, Technology, Engineering, and Mathematics). Today, Samsung Electronics America announced that 50 U.S. public middle and high schools are moving forward as State Winners in the 15th annual Samsung Solve for Tomorrow national STEM competition. Each of these schools has been awarded a $12,000 Samsung technology prize package, including a Samsung Video Kit to showcase their proposed STEM solution. The full list of State Winners can be viewed at Samsung.com/Solve.
    “Congratulations to all the incredible State Winners in the 2024-2025 Samsung Solve for Tomorrow competition,” said Allison Stransky, Chief Marketing Officer, Samsung Electronics America. “Solve for Tomorrow was born from Samsung’s deep belief in the power of STEM to improve lives and transform communities. It’s truly inspiring to see these bright Gen Z and Gen Alpha innovators harnessing emerging technologies, with nearly half of their STEM solutions incorporating AI, to address critical societal issues with creativity, determination, and purpose.”

    By combining problem-based learning(PBL), STEM disciplines, social impact entrepreneurship, and environmental stewardship, Samsung Solve for Tomorrow engages middle and high school students to drive meaningful societal progress. Through hands-on, real-world experiences, the competition inspires young minds to see STEM as a pathway to becoming changemakers and pursuing fulfilling, impactful careers. The State Winner honor marks a key milestone toward the ultimate prize—being named one of three National Winners, each unlocking $100,000 for their school. Overall, Samsung will award more than $2 million* in prizes to this year’s participating schools.
    Ingenuity & Empathy Drive Gen Z & Gen Alpha STEM Solutions
    Samsung Solve for Tomorrow State Winners are redefining STEM’s potential—not as a field reserved for those attending elite institutions, but as a universal tool for solving real-world problems. Impressively, 58% of the State Winners represent Title 1 schools, aligned with Samsung’s commitment to bringing equitable STEM opportunities to underrepresented communities. Among the State Winners are several all-girl teams breaking barriers in traditionally male-dominated fields, while 48% of teams are from middle schools, showing Gen Alpha’s early passion for innovation and social good.

    The competition also provides a unique glimpse into the priorities of America’s Gen Alpha and Gen Z.  As a group, the State Winners are most concerned with environmental sustainability and climate disasters (28%), public health (26%), and accessibility (20%), followed by public safety and mental health. The student team from Oklahoma is using drones and AI to predict and manage wildfire risks, providing real-time data to firefighters and helping mitigate the devastating effects of climate events. In Arkansas, another school is addressing oral cancer detection by developing an AI-powered mobile app for affordable, non-invasive screenings, making early detection more accessible in rural areas and addressing public health disparities.
    “These 50 State Winners are recasting the role of STEM in solving matters close to their lives and their communities,” said Salman Taufiq, Head of Brand Marketing, Samsung Electronics America. “By addressing real-world issues with empathy and advanced technology like AI, machine learning, drones, and virtual reality, they’re preparing to lead in a rapidly evolving, impact-focused workforce.”
    The competing entries are embracing cutting-edge technologies like AI (42%), 3D printing (34%), and robotics (14%) to bring their ideas to life. Mississippi’s State Winner is developing an AI-driven app that uses biometric sensors to detect the early signs of anxiety in students with autism, giving them and their teachers real-time alerts to help prevent panic attacks. Meanwhile, Nevada’s team are designing a low-cost, fully recyclable modular prosthetic arm using 3D printing, enabling a classmate with a partial arm amputation to participate fully in orchestra performances.

    Innovation & Mentorship Power Next Phase of Competition
    For the next phase of the competition, State Winners will receive a $12,000 prize package, including a Samsung Video Kit consisting of a Galaxy Book and a Galaxy Z Flip to help create a three-minute STEM solution pitch video. The video must demonstrate how STEM is being applied to address the community issue outlined in the student teams’ Activity Plans. State Winners must submit their videos by the deadline of Thursday, March 6, 2025, at 11:59 p.m. ET. Judges will review the submissions to select 10 National Finalists, who will be announced in mid-March and are invited to participate in a live pitch event in April 2025.
    Samsung employees will once again serve as one-on-one mentors to the State Winners, guiding student teams through project development and prototype building. Using their professional expertise, mentors will also help teams create compelling video pitches for their STEM solutions to advance to the National Finalist phase.

    National FinalistsBased on their State Winner pitch videos, 10 National Finalists will be chosen to participate in a live pitch event and present their project to a panel of judges. Seven of these schools will be awarded $50,000 in Samsung technology and classroom supplies.
    National WinnersBased on the live pitch presentations, judges will name three National Winners, each earning a $100,00 prize package.
    From the 50 State Winners, one school will be selected for the Rising Entrepreneurship Award, receiving an added $25,000 prize package to nurture and develop their STEM solution into a venture extending beyond the competition.
    One of the 50 State Winner schools will be recognized with a Sustainability Innovation Award for driving sustainable change through STEM innovation, and an additional $25,000 prize package, including Samsung ENERGY STAR® technology.
    From the National Finalists, one Community Choice Winner, selected through online voting by the general public, will receive an additional $10,000 in prizes on top of their National Finalist winnings.
    One Employee Choice Winner will be chosen by Samsung employees from among the National Finalists to receive $10,000 in prizes in addition to their National Finalist winnings.
    *$2 million prize is based on an estimated retail value.

    MIL OSI Economics –

  • MIL-OSI Russia: International Winter Academy on Nuclear Energy for Students from China Concluded

    Translartion. Region: Russians Fedetion –

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    The International Winter Academy on Energy has ended at the Institute of Energy. This project is aimed at developing international educational cooperation in energy with universities in different countries. This winter, the Nuclear Energy module was organized for Chinese students from Harbin Engineering University, Sichuan University, Shandong University, and Tsinghua University.

    The staff of the Higher School of Nuclear and Thermal Energy of the Institute of Power Engineering have been conducting classes in a hybrid format since the pandemic. The transition to online classes was inevitable then, and now it has become a convenient option for students who, for various reasons, cannot come.

    We will continue to accept students both online and in person, as there is demand for this. Our program is short-term, it covers both basic and special aspects of energy, so we provide some participants with the opportunity to study after their main classes and after finishing work, – said Ekaterina Sokolova, associate professor at HSE and founder of the academy.

    The Winter Academy received the “status” of an academy when the organizers and founders of the project realized that education is not the only area of cooperation in which students, teachers from foreign universities and polytechnics are interested.

    Now the program includes not only lectures and intensive courses, but also case studies and presentations of scientific research. The Academy participants presented projects on various topics: “Artificial Intelligence on the Path to Sustainable Energy”, “Small Modular Reactors”, “Nuclear Energy and Climate Change”, etc.

    Students wrote review articles and provided examples of the latest developments in their country, Russia and the world, based on the knowledge they had gained during the program. They presented their research results on the final day at the energy forum.

    The guys visited the laboratory of the Scientific and Educational Center “Thermal Physics in Power Engineering”, where Professor Vladimir Mityakov of the Higher School of Engineering and Technology gave a tour in English, showed the work of the wind tunnel and the results of experiments conducted with its help. Associate Professors of the Higher School of Engineering and Technology Khashayar Sadeghi and Hadi Seyed accompanied the students of the Academy, assistant Alexey Tarasenko gave a lecture on the basics of probabilistic safety analysis.

    We would like our academy to be able to provide not only knowledge, but also the skills required for conducting scientific activities and writing articles. The guys get acquainted with the Polytechnic, with teachers and students. We hold events that teach them to work in a team, overcome the language barrier and develop the skill of communicating with future colleagues and scientists. The language of science is, first of all, the language of cooperation, both in education and in culture, – shared Ekaterina Andreyevna.

    A cultural program was prepared for the Academy participants. The children visited the Hermitage and the Yusupov Palace. Senior lecturer of the Higher School of Architecture and Technical Ethics Natalia Donmez and specialist of the SPbPU History Museum Maria Zavyalova conducted a bilingual excursion dedicated to the history of the Polytechnic University.

    The academy’s organizers plan to attract Russian students and students from international educational programs to obtain different opinions and come to new solutions.

    In the near future, IE employees will begin preparing for the spring program on hydrogen energy, which is very popular. Scientists Competence Center for Advanced Nuclear Technologies in the Area of Sustainable Development and Decarbonization of Energy create a course taking into account the latest industry developments.

    In the summer, the team is preparing for the arrival of several delegations from China and students from other countries for modules on electric power, oil and gas industry, nuclear power, and renewable energy sources.

    Students can follow the updates and recruitment to the academy as tutors on the IE website.

    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.

    MIL OSI Russia News –

  • MIL-OSI: Golar LNG Limited – Q4 2024 results presentation

    Source: GlobeNewswire (MIL-OSI)

    Golar LNG’s 4th Quarter 2024 results will be released before the NASDAQ opens on Thursday, February 27, 2025. In connection with this a webcast presentation will be held at 1:00 P.M (London Time) on Thursday February 27, 2025. The presentation will be available to download from the Investor Relations section at www.golarlng.com

    We recommend that participants join the conference call via the listen-only live webcast link provided. Sell-side analysts interested in raising a question during the Q&A session that will immediately follow the presentation should access the event via the conference call by clicking on this link. We recommend connecting 10 minutes prior to the call start. Information on how to ask questions will be given at the beginning of the Q&A session. There will be a limit of two questions per participant.

    a. Listen-only live webcast link
    Go to the Investors, Results Centre section at www.golarlng.com and click on the link to “Webcast”. To listen to the conference call from the web, you need to have a sound card on your computer, but no special plug ins are required to access the webcast.  There is a “Help” link available on the webcast pages for anyone who may have issues accessing.

    b. Teleconference

    Conference call participants should register to obtain their dial in and passcode details. This process eliminates wait times when joining the call.

    When you log in, you can either dial in using the provided numbers and your unique PIN, or select the “Call me” option and type in your phone number to be instantly connected to the call. Use the following link to register.

    Please download the presentation material from www.golarlng.com (Investors, Results Centre) to view it while listening to the conference.

    If you are not able to listen at the time of the call, you can assess a replay of the event audio for a limited time on www.golarlng.com (Investors, Results Centre).

    This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

    The MIL Network –

  • MIL-OSI: WISDOMTREE MULTI ASSET ISSUER PUBLIC LIMITED COMPANY (a public company incorporated with limited liability in Ireland) WISDOMTREE NASDAQ 100® 3X DAILY SHORT SECURITIES ISIN: IE00BLRPRJ20

    Source: GlobeNewswire (MIL-OSI)

    28 January 2025

    LSE Code: QQQS

    WISDOMTREE MULTI ASSET ISSUER PUBLIC LIMITED COMPANY
    (a public company incorporated with limited liability in Ireland)
    WISDOMTREE NASDAQ 100® 3X DAILY SHORT SECURITIES
    ISIN: IE00BLRPRJ20

    RESULTS OF MEETING OF THE ETP SECURITYHOLDERS

    WisdomTree Multi Asset Issuer Public Limited Company (the “Issuer”) wishes to announce that the Extraordinary Resolution regarding the reduction in the principal amount of the WisdomTree NASDAQ 100® 3x Daily Short Securities (the “Affected Securities”) from USD 1.218 to USD 0.1218, as set out in a notice to holders of the Affected Securities dated 11 December 2024, was passed at an adjourned meeting of the holders of the Affected Securities held at 11am on 28 January 2025.

    As a result, the Deed of Amendment has been duly executed by the Issuer, the Manager and the Trustee to put the proposed amendments to the Trust Deed into effect from 28 January 2025.

    The MIL Network –

  • MIL-OSI Economics: “Risks in Focus 2025” – Climate change, geopolitics and a weak economy could put pressure on Germany’s financial system

    Source: Bundesanstalt für Finanzdienstleistungsaufsicht – In English

    In 2025, companies in the German financial sector should ensure that their risk management incorporates more comprehensive Information on the consequences of climate change. According to BaFin, physical risks such as extreme weather or natural disasters in the form of major fires, droughts or floods could have a much greater impact on banks’ loan portfolios and insurers’ loss amounts in future.
    In this year’s “Risks in Focus”, BaFin describes these increasing physical risks as a relevant trend for the financial sector. At a press conference to mark the publication, BaFin President Mark Branson explained: “The environment in which companies in the financial sector have to operate is highly challenging because, for many risk drivers – such as climate change, geopolitical upheavals and quantum leaps in technological progress – we lack relevant historical experience. This makes it all the more important for companies in the financial sector to think in terms of scenarios, manage risks wisely and prepare themselves for potential shocks with well-stocked capital and liquidity buffers.”

    In 2025, BaFin will focus particularly on six risks

    In its outlook on risks, BaFin explains at the beginning of each year where the financial system in Germany is particularly vulnerable and which risks are most capable of jeopardising financial stability or the integrity of German financial markets. BaFin also highlights what it considers to be relevant trends that companies in the financial sector should be paying attention to. For financial institutions, the outlook provides a useful guideline for their own risk management. It also gives an overview of BaFin’s supervisory priorities for the current year.

    In total, BaFin is focusing on six risks and three trends for the German financial sector:

    Opportunities and risks from three trends

    Alongside these risks, BaFin has identified three trends that offer opportunities for the economy and the financial sector, but that also harbour considerable risks: sustainability issues, digitalisation and geopolitical upheavals. In addition to the physical risks of advancing climate change, BaFin also sees risks in the uncertainties and costs associated with the transition to a low-carbon economy (transition risks). In BaFin’s view, “greenwashing”, i.e. attempts to sell products based on unfounded claims that they are particularly environmentally friendly or responsible, also still poses risks.

    Digitalisation and geopolitics

    When it comes to digitalisation, BaFin is concerned with increasing cyber risks, the responsible use of artificial intelligence, volatility in the market valuation of cryptoassets and, most recently, the future use of quantum computers. Although high-performance quantum computers have yet to be used on a mass scale, in the interests of IT security, financial companies should already be preparing for their potential application. In the future, quantum computers will be able to crack data encryption methods that are currently considered secure. Criminals could therefore steal data now to decrypt later with the aid of quantum computing. The development of protection plans is therefore crucial.

    According to Branson, “Many companies are aware of all these risks and have invested in their IT security. It is important to us that companies continuously monitor current developments and threats. They must also prepare for crisis situations and adapt their security measures. This is what we expect of them. It is also what their customers expect of them.”

    In terms of geopolitics, clear trends towards market fragmentation and increasing tensions between countries were observed in 2024. This could continue, with repercussions for the entire financial system. Although they are not an independent risk type, geopolitical crises can influence and exacerbate other relevant risks. The German financial system is particularly susceptible because of Germany’s close international trade links and the high export dependency of its economy.

    Contact:Jacque­line Juk­nat

    Head of Communications
    Phone: +49 (0) 228 / 4108 – 4629

    Contact:Christoph Blu­men­thal

    Head of Press Relations and Social Media
    Phone: +49 (0) 228 4108-7094

    MIL OSI Economics –

  • MIL-OSI: Ushur Welcomes Deepak Vedarthan as SVP of Customer Success to Accelerate Growth in AI-Driven Solutions for Regulated Enterprises

    Source: GlobeNewswire (MIL-OSI)

    SANTA CLARA, Calif., Jan. 28, 2025 (GLOBE NEWSWIRE) — Ushur, the leader in Customer Experience Automation for regulated industries, is thrilled to announce the appointment of Deepak Vedarthan as Senior Vice President of Customer Success. In his new role, Deepak will oversee all post-sales customer functions, including onboarding, implementation, professional and managed services, customer success management, customer operations and customer support.

    “Joining Ushur at this pivotal moment in its evolution is incredibly exciting,” said Deepak Vedarthan. “The company’s groundbreaking AI-first approach to experience automation is reshaping how enterprises engage with their customers. As we continue to push the boundaries of innovation, I am thrilled to collaborate with the talented Ushur team to build a world-class customer success organization that delivers exceptional outcomes, accelerates time to value and empowers customers to unlock new opportunities. Together, we’ll elevate customer experiences to new heights, ensuring organizations thrive in an increasingly digital world.”

    Deepak joins Ushur with over 22 years of experience driving digital transformation for global enterprises. His expertise spans intelligent automation, business process management and workflow optimization. Most recently, Deepak served as Global Vice President of Professional Services at GRM and VisualVault, where he led transformative initiatives that elevated operational excellence, expanded market presence and launched the company into new verticals. Prior to that, he spent 17 years at Pegasystems, leading high-performing, cross-functional teams in delivering groundbreaking solutions to some of the world’s most iconic brands.

    Deepak holds a bachelor’s degree in computer science, an MBA and executive certifications from Cornell, Harvard and Stanford, where he completed the prestigious Learn, Engage, Accelerate and Disrupt (LEAD) Executive Leadership Program as a distinguished scholar.

    With a proven track record as a trusted advisor and thought leader, Deepak brings a wealth of knowledge and leadership to Ushur. His extensive experience and strategic vision will be instrumental in delivering impactful strategies and meaningful outcomes for Ushur’s customers.

    “Building a world-class post-sales customer success charter is an essential prerequisite for our growth journey,” said Simha Sadasiva, Co-Founder and CEO of Ushur. “We could not have found a better leader than Deepak to help chart this next phase of our business. His deep expertise, leadership acumen and customer-centric approach make him the ideal choice to lead our customer success organization. We’re excited to have Deepak join the Ushur team and strengthen our mission of delivering exceptional value to our customers.”

    About Ushur: Ushur delivers the world’s first Customer Experience Automation platform built specifically for regulated industries. Purpose-built for delivering ideal self-service, Ushur infuses intelligence into digital experiences for the most delightful and impactful customer engagements. Equipped with guardrails and compliance-ready infrastructure, Ushur powers vertical AI Agents for healthcare, financial services and insurance use cases. Designed for rapid code-less deployment with flexible, advanced capabilities for IT and business teams, enterprises can transform customer and employee journeys at scale in the fastest time to value.

    Media Contact
    Anthony Stipa
    anthony@scribewise.com
    (610) 420-1724

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/025f8557-4bcc-4cab-9e8c-ac6b5997d08e

    The MIL Network –

  • MIL-OSI: Broadcom Delivers Industry’s First Quantum Resistant Network Encryption, Enabling Real-time Ransomware Detection

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., Jan. 28, 2025 (GLOBE NEWSWIRE) — Broadcom Inc. (NASDAQ:AVGO) today announced an industry-first — the new, innovative Emulex Secure Fibre Channel Host Bus Adapters (HBA) — a cost-effective, easy-to-manage solution that encrypts all data as it moves between servers and storage.

    Encrypting mission-critical data is no longer a nice-to-have, but a must-have. The cost of ransomware attacks continues to rise with attacks in 2024 costing USD $5.37 million1 on average per attack. Upcoming generative AI and quantum computers magnify the risk if data is not encrypted at all points in the data center including the network.

    To address these cybersecurity issues, governments have responded with mandates, including the United States’ Commercial National Security Algorithm (CNSA) 2.0, the European Union’s Network and Information Security (NIS) 2, Digital Operational Resilience Act (DORA) and more that require enterprises to modernize their IT infrastructures with post-quantum cryptographic encryption algorithms and zero trust architecture.

    Today, data centers have the option of deploying application encryption or network encryption to protect their data. Network encryption offers several important advantages versus application-based encryption including preserving storage array services such as dedupe and compression, which is destroyed when using application-based encryption. Network encryption also enables real-time ransomware detection while application-based encryption hides ransomware attacks. Additional highlights of this solution include no encryption performance penalty and simple, session-based key management.

    “Customers are seeking ways to protect themselves against crippling and expensive ransomware attacks as well as complying with new government regulations mandating all data be encrypted,” said Jeff Hoogenboom, vice president and general manager, Emulex Connectivity Division, Broadcom. “The Emulex Secure Host Bus Adapter meets these needs by providing an elegantly simple solution that once installed, encrypts all data across all applications.”

    “As enterprises face an ever-growing wave of cybersecurity threats, the Emulex Secure HBA stands out as a simple drop-in solution that enhances SAN security without compromising performance,” said Brian Beeler, president, StorageReview.com. “In our testing, we found these HBAs excelled at securing in-flight SAN data encryption while seamlessly complementing existing security technologies. We’re excited to see these adapters become a standard layer of improved SAN security in 2025, providing enterprises with an essential tool to safeguard their critical data.”

    Emulex Secure HBAs Feature:

    • Security Built on Zero Trust, Post-Quantum Cryptography
      • Encryption algorithms support CNSA 2.0, DORA and NIS2 mandates.
      • Secures data in-flight between host servers and storage arrays.
      • Zero Trust platform with Security Protocol and Data Model (SPDM). cryptographic authentication of endpoints, and silicon root-of-trust authentication.
      • Compliance with the NIST 800-193 framework — secure boot, digitally signed drivers, T10-DIF, and more.
    • Cost effective encryption: Dedupe/compression storage services remain intact; protects all data across all applications versus application-specific solutions.
    • Runs on existing Fibre Channel infrastructure.
    • Maximum application performance: Cryptography offloaded to hardware, providing encryption with no performance impact.
    • Easy to manage and deploy: Simple session-based key management with on-demand key generation; transparent runs with existing operating systems, applications and SAN management tools.

    Emulex 32G and 64G Secure HBAs are available in 1, 2, and 4 port configurations and are shipping now. For further information please visit Broadcom.com here, and StorageReview.com here.

    About Broadcom
    Broadcom Inc. (NASDAQ: AVGO) is a global technology leader that designs, develops, and supplies a broad range of semiconductor, enterprise software and security solutions. Broadcom’s category-leading product portfolio serves critical markets including cloud, data center, networking, broadband, wireless, storage, industrial, and enterprise software. Our solutions include service provider and enterprise networking and storage, mobile device and broadband connectivity, mainframe, cybersecurity, and private and hybrid cloud infrastructure. Broadcom is a Delaware corporation headquartered in Palo Alto, CA. For more information, go to www.broadcom.com.

    Broadcom, the pulse logo, and Connecting everything are among the trademarks of Broadcom. The term “Broadcom” refers to Broadcom Inc., and/or its subsidiaries. Other trademarks are the property of their respective owners.

    1 Cost of a Data Breach Report 2024, Ponemon Institute

    Press Contact:
    Jon Piazza
    Global Communications
    press.relations@broadcom.com
    Telephone: +1 310 498 5254

    Industry Quotes

    Mark Jones, President Emeritus, Fibre Channel Industry Association (FCIA)
    “A standards-based solution to network security ensures industry-wide interoperability and gives customers the assurance of a working ecosystem that has been the hallmark of the Fibre Channel industry for over 30 years. The Emulex Secure HBA is leveraging the new INCITS FC-SP-3 standard; this security protocol will ensure that Fibre Channel will continue to be the most secure choice of storage network transport far into the future.”

    Dave Pearson, Vice President, Infrastructure Research, IDC
    “Cybersecurity ‘defense-in-depth’ best practices for enterprises means going beyond just data-at-rest encryption, but the tradeoff has traditionally meant losing data compression and deduplication capabilities. Secure HBAs aim to solve this problem by enabling in-flight encryption with full data compression.”

    The MIL Network –

  • MIL-OSI: Anjuna Security Recognized as a Tech Innovator in Preemptive Cybersecurity by Gartner®

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., Jan. 28, 2025 (GLOBE NEWSWIRE) — Anjuna, creator of Anjuna Seaglass, the only Universal Confidential Computing Platform, and Anjuna Northstar, the first AI Fusion Clean Room, announced today that it has been named a Tech Innovator in Preemptive Cybersecurity in the 2024 Gartner Emerging Tech: Tech Innovators in Preemptive Cybersecurity report. Anjuna views this as a recognition of its pioneering role in enabling enterprises to proactively defend against increasingly sophisticated AI-enabled cyber threats.

    “We are proud about being named as a Tech Innovator by Gartner. We think this recognition underscores the growing demand for Confidential Computing in the evolving cybersecurity landscape, and reaffirms our commitment to innovating in this space.” said Ayal Yogev, CEO of Anjuna.

    Cybersecurity for the AI Era
    According to Gartner, “Emerging GenAI-driven threats are challenging traditional detection and response strategies. Preemptive cybersecurity technologies, like advanced deception and predictive threat intelligence, offer enriched insights that significantly enhance existing security controls and improve cyber defense capabilities.” .

    Anjuna Seaglass enables organizations to embrace this approach through Confidential Computing. By enabling hardware-assisted security to protect workloads during processing, it isolates data, code, and AI models from looming threats.

    Anjuna helps customers in a wide range of industries, including finserv and healthcare. A prominent finserv institution used Anjuna Seaglass to implement a data clean room, ensuring compliance while enabling secure AI-driven innovation.

    Preemptive Strategies: A Must-Have for Modern Security
    As AI-driven attacks grow, enterprises increasingly rely on preemptive cybersecurity. Anjuna Seaglass simplifies adoption by providing:

    • Proactive hardware-backed defense against emerging threats
    • Seamless integration with existing IT infrastructure
    • Scalability for enterprises of all sizes

    According to Gartner, “Organizations across several industry verticals and markets such as banking and financial services, healthcare and biosciences, and critical infrastructure and government can all benefit from this new innovative flexibility in adopting confidential computing
    within their business operations.”

    Read the full Gartner report here

    Gartner, Emerging Tech: Tech Innovators in Preemptive Cybersecurity, Luis Castillo, Isy Bangurah, 8 January 2025
    GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.
    Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

    About Anjuna
    Anjuna unlocks secure, AI-driven innovation with two groundbreaking solutions. Anjuna Seaglass, the Universal Confidential Computing Platform, delivers ubiquitous data privacy and intrinsic cloud security. Anjuna Northstar, the AI Data Fusion Clean Room, builds on Seaglass to provide an out-of-the-box, private environment for limitless AI-driven data collaboration and value discovery. Anjuna works with enterprises around the globe, including financial services, government, healthcare and SaaS. Anjuna is backed by prominent investors, including Playground Global, Insight Partners, M Ventures, and SineWave Ventures.

    Media Contact:
    Mauricio Barra, VP of Marketing for Anjuna
    Email: mauricio.barra@anjuna.io 

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f75b9b82-ae54-4170-b787-e2668d5f7e3f

    The MIL Network –

  • MIL-OSI: Illumio Research Reveals 58% of Companies Hit With Ransomware Have Been Forced to Halt Operations

    Source: GlobeNewswire (MIL-OSI)

    SUNNYVALE, Calif., Jan. 28, 2025 (GLOBE NEWSWIRE) — Ransomware attacks are disrupting and undermining business operations and draining revenue streams, according to new research from the Ponemon Institute, commissioned by Illumio, Inc., the leader in breach containment.

    Findings from The Global Cost of Ransomware Study reveal that 58% of organizations had to shut down operations following a ransomware attack, up from 45% in 2021. Forty percent reported a significant loss of revenue (up from 22% in 2021); 41% lost customers; and 40% had to eliminate jobs.

    The research examined the scope of ransomware threats confronting organizations and the measures being implemented to reduce the risks and their impacts. Key findings include:

    • Attackers are reaching critical systems to cause maximum disruption: Ransomware attacks impacted 25% of critical systems, with systems down for 12 hours on average.
    • Organizations continue to spend significant time and money containing ransomware: On average, it took 17.5 people, 132 hours each to contain and remediate their largest ransomware attack.
    • Costs associated with reputation and brand damage now exceed those from legal and regulatory actions: 35% experienced significant brand damage from an attack (up from 21% in 2021).
    • Failure to prioritize investments that boost resilience is costing businesses: 44% lack the ability to quickly identify and contain attacks, and only 27% have implemented microsegmentation – a vital control for stopping the spread of breaches.

    “Ransomware is more pervasive and impactful than ever, with more organizations forced to suspend operations or experiencing major business failure because of attacks,” said Trevor Dearing, Director of Critical Infrastructure at Illumio. “Organizations need operational resilience and controls like microsegmentation that stop attackers from reaching critical systems. By containing attacks at the point of entry, organizations can protect critical systems and data, and save millions in downtime, lost business, and reputational damage.”

    Cloud and hybrid environments remain weak links, with attackers exploiting unpatched systems
    The increased connectivity of business systems and devices is making it harder for organizations to defend against ransomware attacks. Organizations perceive the cloud as being the most vulnerable, and 35% say a lack of visibility across hybrid environments makes it difficult to respond to ransomware attacks.

    Desktops and laptops remain the most compromised devices (50%), with phishing and Remote Desktop Protocol (RDP) cited as top entry points for ransomware. Most attacks moved across the network to infect other devices. In over half of these cases (52%), attackers exploited unpatched systems to move laterally and escalate system privileges; up significantly from 33% in 2021.

    Organizations are investing heavily in ransomware defense, but efforts are falling short
    According to the research, nearly a third of IT budgets (29%) are allocated to staff and technologies meant to prevent, detect, contain, and resolve ransomware attacks, yet attacks are still successful. Eighty-eight percent of organizations have fallen victim to a ransomware attack, despite 54% being confident in their security posture.

    Organizations are also taking a chance on ransomware recovery and failing. Fifty-two percent of respondents believe having a full and accurate backup is a sufficient defense against ransomware. Yet only 13% were able to recover all impacted data following a ransomware attack.

    The report also found larger organizational challenges in defending against ransomware including:

    • Ransomware reporting is still not happening: 72% of those that experienced a ransomware attack didn’t report it to law enforcement. Top reasons for not reporting include fear of publicizing the incident (39%); a payment deadline (38%); and fear of retaliation (38%). 
    • Employees are more security conscious, but still a weak link: 40% are confident in the ability of employees to detect social engineering lures (up from 30% in 2021), however, insider negligence is the top challenge when responding to ransomware attacks.
    • Organizations are slow to adopt AI to combat ransomware: Only 42% have specifically adopted AI to help combat ransomware. More (51%) are concerned their organization may experience an AI-generated ransomware attack.

    To learn more, download the full Global Cost of Ransomware Study here or check out the blog here.

    Research Methodology  
    The research was conducted by Ponemon Institute on behalf of Illumio among 2,547 IT and cybersecurity practitioners in the US, UK, Germany, France, Australia and Japan. All participants have responsibility for addressing ransomware attacks within their organizations.

    About Illumio  
    Illumio, the most comprehensive Zero Trust solution for ransomware and breach containment, protects organizations from cyber disasters and enables operational resilience without complexity. By visualizing traffic flows and automatically setting segmentation policies, the Illumio Zero Trust Segmentation Platform reduces unnecessary lateral movement across the multi-cloud and hybrid infrastructure, protecting critical resources and preventing the spread of cyberattacks. 

    Contact Information 
    Comms-team@illumio.com 

    About Ponemon Institute 
    Ponemon Institute is dedicated to independent research and education that advances responsible information and privacy management practices within business and government. Our mission is to conduct high quality, empirical studies on critical issues affecting the management and security of sensitive information about people and organizations.

    We uphold strict data confidentiality, privacy and ethical research standards. We do not collect any personally identifiable information from individuals (or company identifiable information in our business research). Furthermore, we have strict quality standards to ensure that subjects are not asked extraneous, irrelevant or improper questions.

    The MIL Network –

  • MIL-OSI: DMG Blockchain Solutions Inc. Announces Systemic Trust’s Registration as a Digital Asset Trust Company

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, Jan. 28, 2025 (GLOBE NEWSWIRE) — DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) (FRANKFURT: 6AX) (“DMG”), a leading independent data center technology and blockchain solutions provider, has received registration for its wholly owned subsidiary, Alberta-based, Systemic Trust Company (“Systemic Trust” or “STC”), to operate as a special purpose trust company under the Loan and Trust Corporations Act (Alberta) with Alberta’s Treasury Board and Finance (“ATBF”).

    Lawrence Truong, CEO of Systemic Trust, remarked, “We are grateful to our parent company, DMG, for its unwavering support throughout this process and for providing the capital needed to operate as a Qualified Custodian. We extend our thanks to our regulators for their efforts and guidance, which made the licensing process so efficient. Receiving our certificate of registration marks a significant milestone that will enable us to increase the adoption of blockchain technology and build trust in the Canadian cryptocurrency ecosystem by offering a highly secure, independent custody solution. Alberta’s pragmatic, open-for-business attitude attracts talent, innovation and fintech companies like Systemic Trust to establish its headquarters in the province. We are proud to be part of Alberta’s vibrant and growing technology sector. With crypto-friendly regulatory changes underway beyond our borders, our team is preparing for what we believe will be greater adoption of our services in Canada.”

    Nate Horner, President of Treasury Board and Minister of Finance, remarked, “The registration of Systemic Trust Company marks another exciting milestone for Alberta’s growing financial services sector, giving investors more options to secure cryptocurrency. Alberta continues to lead the way in driving innovation and creating the ideal environment for forward-thinking companies to thrive. With the support of our financial services concierge, innovative businesses can efficiently navigate regulations and establish themselves in the province. By fostering growth in this dynamic sector, we are attracting investments, creating new opportunities for Albertans and building a stronger, more innovative economy.”

    Sheldon Bennett, DMG’s CEO, added, “This milestone is an important achievement towards realizing the full potential of DMG’s Core+ software and services strategy. We are proud of the team at Systemic Trust for successfully navigating the complexities of delivering the licensing for this prudentially regulated business and grateful for our shareholders’ support. Systemic Trust is proud to be the only Canadian Qualified Custodian to leverage Fireblocks’ industry-leading wallet infrastructure. Recognized globally as the foremost institutional-grade wallet platform, Fireblocks has managed over 250 million wallets and secured the transfer of more than $6 trillion in digital assets. This collaboration positions Systemic Trust as the trusted choice for Canadian institutions seeking a secure, compliant and scalable digital asset custody solution.”

    About Alberta’s Treasury Board and Finance

    Alberta’s Treasury Board and Finance (“ATBF”) is a key ministry within the Government of Alberta, Canada, responsible for overseeing the province’s financial and economic affairs. In addition to its roles in budget planning, financial management and economic analysis, ATBF regulates various financial sectors, including loan and trust corporations operating within Alberta. ATBF’s regulatory framework for loan and trust corporations is established under the Loan and Trust Corporations Act. This legislation sets out the requirements for registration, operation and supervision of these entities to ensure their soundness and the protection of consumers. ATBF’s regulatory activities authorize the registration of special purpose trusts under the Loan and Trust Corporations Act, enabling them to serve as a Qualified Custodian for digital assets. Through such regulatory oversight, ATBF aims to maintain the integrity and stability of Alberta’s financial system, fostering a secure environment for both financial institutions and consumers.

    About DMG Blockchain Solutions Inc.

    DMG is a publicly traded and vertically integrated blockchain and data center technology company that manages, operates and develops end-to-end digital solutions to monetize the digital asset and artificial intelligence compute ecosystems. Systemic Trust Company, a wholly owned subsidiary of DMG, is an integral component of DMG’s carbon neutral Bitcoin ecosystem, which enables financial institutions to move bitcoin in a sustainable and regulatory compliant manner.

    For additional information about DMG Blockchain Solutions and its initiatives, please visit www.dmgblockchain.com. Follow @dmgblockchain on X, LinkedIn and Facebook, and subscribe to the DMG YouTube channel to stay updated with the latest developments and insights.

    For further information, please contact:

    On behalf of the Board of Directors,

    Sheldon Bennett, CEO & Director
    Tel: +1 (778) 300-5406
    Email: investors@dmgblockchain.com
    Web: www.dmgblockchain.com

    For Investor Relations:
    investors@dmgblockchain.com

    For Media Inquiries:
    Chantelle Borrelli
    Head of Communications
    chantelle@dmgblockchain.com

    Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

    Cautionary Note Regarding Forward-Looking Information

    This news release contains forward-looking information or statements based on current expectations. Forward-looking statements contained in this news release include statements regarding DMG’s strategies and plans, the development of Systemic Trust and the expected outcomes and benefits, delivering products that enable the monetization of bitcoin transactions, developing and executing on the Company’s products and services, increasing self-mining, the launch of products and services, events, courses of action, and the potential of the Company’s technology and operations, among others, are all forward-looking information.

    Future changes in the Bitcoin network-wide mining difficulty rate or Bitcoin hash rate may materially affect the future performance of DMG’s production of bitcoin, and future operating results could also be materially affected by the price of bitcoin and an increase in hash rate mining difficulty.

    Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, market and other conditions, volatility in the trading price of the common shares of the Company, business, economic and capital market conditions; the ability to manage operating expenses, which may adversely affect the Company’s financial condition; the ability to remain competitive as other better financed competitors develop and release competitive products; regulatory uncertainties; access to equipment; market conditions and the demand and pricing for products; the demand and pricing of bitcoins; security threats, including a loss/theft of DMG’s bitcoins; DMG’s relationships with its customers, distributors and business partners; the inability to add more power to DMG’s facilities; DMG’s ability to successfully define, design and release new products in a timely manner that meet customers’ needs; the ability to attract, retain and motivate qualified personnel; competition in the industry; the impact of technology changes on the products and industry; failure to develop new and innovative products; the ability to successfully maintain and enforce our intellectual property rights and defend third-party claims of infringement of their intellectual property rights; the impact of intellectual property litigation that could materially and adversely affect the business; the ability to manage working capital; and the dependence on key personnel. DMG may not actually achieve its plans, projections, or expectations. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the demand for its products, the ability to successfully develop software, that there will be no regulation or law that will prevent the Company from operating its business, anticipated costs, the ability to secure sufficient capital to complete its business plans, the ability to achieve goals and the price of bitcoin. Given these risks, uncertainties, and assumptions, you should not place undue reliance on these forward-looking statements. The securities of DMG are considered highly speculative due to the nature of DMG’s business. For further information concerning these and other risks and uncertainties, refer to the Company’s filings on www.sedarplus.ca. In addition, DMG’s past financial performance may not be a reliable indicator of future performance.

    Factors that could cause actual results to differ materially from those in forward-looking statements include, failure to obtain regulatory approval, the continued availability of capital and financing, equipment failures, lack of supply of equipment, power and infrastructure, failure to obtain any permits required to operate the business, the impact of technology changes on the industry, the impact of viruses and diseases on the Company’s ability to operate, secure equipment, and hire personnel, competition, security threats including stolen bitcoins from DMG or its customers, consumer sentiment towards DMG’s products, services and blockchain technology generally, failure to develop new and innovative products, litigation, adverse weather or climate events, increase in operating costs, increase in equipment and labor costs, equipment failures, decrease in the price of bitcoin, failure of counterparties to perform their contractual obligations, government regulations, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information. The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Additionally, the Company undertakes no obligation to comment on the expectations of or statements made by third parties in respect of the matters discussed above.

    The MIL Network –

  • MIL-OSI Economics: François Villeroy de Galhau: For a high speed and safe journey into the financial future

    Source: Bank for International Settlements

    Ladies and gentlemen,
    It is a great pleasure to welcome you to this high-level conference organised by the Banque de France on speed and innovation, and how they could be disruptive for financial markets and market infrastructures. Let me thank Emmanuelle Assouan and her teams for setting up this event. I would also like to extend my warm thanks to all participants from industry, public authorities and central banks who will give their views during three roundtables today, including my colleagues and friends Andrea Maechler, Piero Cipollone and Naoto Shimoda.

    It is a première for a Banque de France conference to be held here at the Cinémathèque française, which is definitely an excellent venue for our theme of today: we are here in the place where speed is made art. As you know, cinema was invented in France by the Lumière brothers in the late 19th century. During the projection in 1896 of one of their very first movies, The arrival of a train at La Ciotat station, the audience was so overwhelmed by the moving image of a train coming directly at them that people ran away. But we do not fear speed anymore, on the contrary: it has become a key success factor in financial markets and market infrastructures, yielding high benefits. Transactions and their settlement have already become dramatically swifter over the last decades – notably in France, which was at the forefront in dematerialising securities – and will continue gathering speed. I will first elaborate on the reasons why, in a fast-moving environment, resilience must be preserved in order to ensure financial stability (I). Our public-private partnership has to evolve, with a view to enhancing cross-border payments and the holistic project of creating a shared ledger (II). 

    I. A fast-moving financial system whose resilience must be preserved in order to ensure financial stability

    Markets are undergoing structural changes, all driven by increased speed aimed at achieving higher efficiency. Automation and high-frequency trading are driving a rise in daily trading volumes; new participants have emerged, and incumbents have evolved. Nowadays, robots and algorithms are unlocking new possibilities, while artificial intelligence offers the promise of value added in trading, customer relationships and investment decisions. From photography to digital movies, from local theatres to global web platforms, cinematography has gone through technological revolutions over the years. However, whether it’s in cinema or finance, speed is not a goal per se. The social utility of certain accelerations such as high-frequency trading remains to be seen, and they carry risks. We must reflect on new guardrails to protect against possible increased market volatility – and even potential flash crashes caused by poorly coordinated algorithms that can amplify massive sell-offs.
     
    Post-market processes are keeping pace with this acceleration in trading: settlement is getting ever faster. A few years ago, implementing T+2 (i.e. ensuring settlement within two days of transaction execution) was a major step forward for all players, as enshrined in the European CSDR regulation.i Nowadays we are once again aiming for more ambitious targets, with an objective of T+1 in Europe in 2027 – as has already been the case in the United States, Canada and Mexico since end-May last year. Interestingly, across the Atlantic, this evolution was driven by market players, who saw in the shortening of the settlement cycle an opportunity to further reduce liquidity, counterparty and operational risks. The American experience also shows that T+1 yields direct financial benefits, in particular a significant lowering of CCP margins. T+1 therefore received overall support in ESMA’s and the Commission’s public consultations. I trust that we are all well aware of the operational requirements and challenges to be met:ii  preparatory work must start now, with the adaptation of IT systems and further automation of processes. It is also important to coordinate with the United Kingdom and Switzerland, and to pay due attention to the consequences in terms of shorter cut-offs – notably for FX transactions.
     
    The tokenisation of assets is obviously another groundswell movement, which could further enhance the straight-through processing of trade and post-trade activities, and paves the way for yet another acceleration with a widespread implementation of T+0. It has the potential to generate even greater savings both for the financial industry and end-users. To date, the nascent DLTiii  finance has used new forms of commercial bank money as settlement assets, such as tokenised deposits or so-called stablecoins. As experience has shown in the last few years, they are far from immune, and Europe has made the right step by adopting the MiCA regulation. Failing to regulate crypto-assets and non-banks today would merely sow the seeds for tomorrow’s financial crisis.
     
    Beyond these regulatory issues, it has become more and more apparent that we currently lack the anchor provided by central bank money, which drastically reduces counterparty and liquidity risks, and crucially ensures the finality of payments. A wholesale central bank digital currency would ensure convertibility between tokenised assets, exactly as central banks currently ensure convertibility between commercial bank monies, allowing for delivery-versus-payment and payment-versus-payment. In short, tokenised central bank money would provide a “safety pivot”, and serve as a reliable basis of trust on which these new technologies could realise their full potential.

    II. A step further with the interlinking of fast-payment systems and a European shared ledger to meet the challenges of transition and growth

     
    Central banks must therefore keep up with these developments,iv  in order to explore the potential of DLT and foster innovation while preserving the anchoring role of central bank money. Building among others on the Banque de France’s pioneering experiments between 2020 and 2023,v  the Eurosystem conducted a series of new experiments on wholesale CBDC between April and November 2024,vi  with the active involvement of the Banque de France, Banca d’Italia and Bundesbank as solution providers. We witnessed active industry participation in the Eurosystem experiments, and I would like to take the opportunity to pay tribute to your strong commitment – which, I believe, also reflects the growing awareness of the need for a safe settlement asset.
     
    Together, we successfully tested numerous and very diverse use cases, ranging from primary issues to cross-currency payments, repos, margin calls and asset management, to give a few examples. Actual settlement was even tested for the lifecycle management of securities and secondary market transactions. With this ambitious programme, we have further delivered on our learning-by-doing approach, which is of the essence. As announced, the Eurosystem will draw lessons from the exploratory work, including on how to facilitate the provision of central bank money settlement for wholesale asset transactions on DLT platforms. Clearly, it is in the interest of both European commercial banks and the public sector to work together towards a tokenised European framework: money is and will remain a public-private partnership, which has to evolve.
     
    As regards cross-border payments, the Eurosystem has launched initiatives to help improve them, including exploratory work on linking TIPS with other fast-payment systems such as UPI in India. We thereby support the G20 roadmap for creating a faster, cheaper, more transparent and accessible global payments ecosystem, while ensuring secure and reliable instant payments. The G20 roadmap also foresees, in the longer term, the use of tokenisation to further enhance cross-border payments.
     
    We now need to bring all these advances together to create a global motion picture, in a holistic manner. Here, the idea of a “unified ledger” put forward by the BISvii  looks like more than a promising technology: a rallying concept, or even a utopia. This next-generation market infrastructure would take one day in the future the shape of a shared, seamless and programmable platform that integrates central bank money, commercial bank money and tokenised financial assets – which would call for redefined and improved public-private partnerships. Accordingly, in April 2024 the BIS launched Project Agorá,viii  to explore the tokenisation of cross-border payments to improve the existing correspondent banking model. This major project brings together seven central banks worldwide, including the Banque de France which represents the Eurosystem, and a large group of private financial firms. But a first and necessary step towards such a global infrastructure should be to build regional shared ledgers – one of which would be European.
     
    A European shared ledger could prove an efficient means to overcome European market fragmentation and current inefficiencies, by facilitating the provision of seamlessly connected services across Europe. It would therefore act as a catalyst for a Savings and Investments Union, and provide tools such as green bonds and securities to finance the green transition, at a time where we have to mobilise Europe’s private savings surplus of more than EUR 300 billion a year. In short, it would be an important lever for achieving our climate but also digital transformations, which are among our main challenges; it would also help Europe to gain in both size – by unifying its single market – and speed. Achieving this ambitious vision requires moving forward step by step, in a phased approach. Rather than replacing existing infrastructures which have already helped to reduce fragmentation in Europe – like the harmonised settlement system T2S –, this new shared infrastructure would tackle markets which still rely on manual processes and lack standardisation, such as OTC markets and unlisted stocks. A crucial first step will be to make central bank money available on this infrastructure: this makes it all the more important to offer a wholesale CBDC solution in the short term to prepare this long term target.

    Let me conclude with Billy Wilder, the director of Some like it hot. He once gave this sound piece of advice: “If you have a problem with the third act, the real problem is in the first act.” This leads me to a twofold conclusion: first, that it is the right time to engage in the design and experimentation of market infrastructures of the future; second, that fast-paced transformations should not be at the expense of past achievements in financial stability, and increase risks. Central bank money must remain the settlement asset at the core of the financial system, whether tokenised or not. Under this condition, our common technological breakthroughs could contribute to meeting our major challenges. Thank you for your attention. 

    MIL OSI Economics –

  • MIL-OSI Economics: Making Everyday Life Special With Galaxy AI

    Source: Samsung

    Returning home after an exciting trip doesn’t mean the very next day can’t be special. With the power of Galaxy AI1, every day becomes a day to treasure. Samsung Newsroom delved into how the Galaxy S25 series can fill your daily life with joy and meaning as you cook, draw or spend time with your friends and family.
    Save Special Moments in Videos as GIFs
    ▲ AI Select can isolate a specific moment in the middle of video to be downloaded as a GIF.
    Sometimes there can be a certain moment in the middle of a video you’re watching that you simply want to save separately or watch on repeat. Downloading the whole video, finding that exact part and editing it, however, can be quite a time-consuming task. Whether you want to capture a warm moment with your family to cherish the memory or analyze your golf swing in detail to practice over and over again, AI Select can get the job done. While watching the video, simply open the quick panel, tap the AI Select icon and save the desired portion as a GIF.

    Scan What’s in Your Fridge, Receive Recipe Recommendations and Save Them as a Samsung Note
    ▲ The Galaxy S25’s AI agents analyze the contents of a refrigerator and recommend recipes.
    For those who enjoy cooking, there’s nothing more exciting than trying out a new recipe. When you’re out of ideas for what to cook, the Galaxy S25 series can be just the solution you need. Use the camera to snap a photo of what’s in your fridge, and Galaxy AI will analyze the items, recommend recipes and thoroughly guide you through the cooking process so you can transform ordinary ingredients into extraordinary dishes.

    Enter Some Text and Watch Galaxy AI Draw a Masterpiece
    ▲ Drawing Assist generates an image of a cat watching fireworks using text input.
    With visual content increasing in importance by the day, the tough job of synthesizing and producing high-quality images in bulk has never been in higher demand. It’s only natural to imagine a dream world where AI could dramatically streamline the workload by generating all kinds of vivid images by typing text? That world is no longer an imagination with the Galaxy S25 series’ Drawing Assist and its limitless possibilities. With Drawing Assist, anyone can easily create stunning images using simple text input. For example, typing “watching fireworks” after drawing a very rough sketch of a cat with your finger or an S Pen and will generate images of a cat watching fireworks in a variety of styles, including visual aids, 3D and illustrations. These images can then be used for social media content, visual training materials presentations and more.

    1 Galaxy AI features by Samsung are free through 2025 and require Samsung account login.

    MIL OSI Economics –

  • MIL-OSI Global: The global wildlife trade is an enormous market – the US imports billions of animals from nearly 30,000 species

    Source: The Conversation – USA – By Michael Tlusty, Professor of Sustainability and Food Solutions, UMass Boston

    U.S. Fish and Wildlife agents inspect a shipment of reptiles at the Port of Miami. U.S. GAO

    When people think of wildlife trade, they often picture smugglers sneaking in rare and endangered species from far-off countries. Yet most wildlife trade is actually legal, and the United States is one of the world’s biggest wildlife importers.

    New research that we and a team of colleagues published in the Proceedings of the National Academy of Sciences shows that, over the last 22 years, people in the U.S. legally imported nearly 2.85 billion individual animals representing almost 30,000 species.

    Some of these wild animals become pets, such as reptiles, spiders, clownfish, chimpanzees and even tigers. Thousands end up in zoos and aquariums, where many species on display come directly from the wild.

    Medical research uses macaque monkeys and imports up to 39,000 of them every year. The fashion trade imports around 1 million to 2 million crocodile skins every year. Hunting trophies are also included in wildlife.

    How many species are legally traded worldwide?
    Benjamin Marshall, et al., 2024, PNAS, CC BY-SA

    The largest number of imported species are birds – 4,985 different species are imported each year, led by Muscovy ducks, with over 6 million imported. Reptiles are next, with 3,048 species, led by iguanas and royal pythons. These largely become pets.

    Not all wildlife are wild

    We found that just over half of the animals imported into the U.S. come from the wild.

    Capturing wildlife to sell to exporters can be an important income source for rural communities around the world, especially in Africa. However, wild imported species can also spread diseases or parasites or become invasive. In fact, these risks are so worrying that many imported animals are classed as “injurious wildlife” due to their potential role in transmitting diseases to native species.

    Captive breeding has played an increasingly dominant role in recent years as a way to limit the impact on wild populations and to try to reduce disease spread.

    However over half the individual animals from most groups of species, such as amphibians or mammals, still come from the wild, and there is no data on the impact of the wildlife trade on most wild populations.

    Trade may pose a particular risk when species are already rare or have small ranges. Where studies have been done, the wild populations of traded species decreased by an average of 62% across the periods monitored.

    Sustainable wildlife trade is possible, but it relies on careful monitoring to balance wild harvest and captive breeding.

    Data is thin in many ways

    For most species in the wildlife trade, there is still a lot that remains unknown, including even the number of species traded.

    With so many species and shipments, wildlife inspectors are overwhelmed. Trade data may not include the full species name for groups like butterflies or fish. The values in many customs databases are reported by companies but never verified.

    Macaques, used in medical research, are the most-traded primates globally, according to an analysis of U.S. Fish and Wildlife data.
    Davidvraju, CC BY-SA

    In our study, we relied on the U.S. Fish and Wildlife Service’s Law Enforcement Management Information System, a wildlife import-export data collection system. However, few countries collate and release data in such a standardized way; meaning that for the majority of species legally traded around the world there is no available data.

    For example, millions of Tokay geckos are imported as pets and for medicine, and are often reported to be bred in captivity. However, investigators cannot confirm that they weren’t actually caught in the wild.

    Why tracking the wildlife trade is important

    Biodiversity has a great number of economic and ecological benefits. There are also risks to importing wildlife. Understanding the many species and number of animals entering the country, and whether they were once wild or farmed, is important, because imported wildlife can cause health and ecological problems.

    Wildlife can spread diseases to humans and to other animals. Wild-caught monkeys imported for medical research may carry diseases, including ones of particular risk to humans. Those with diseases are more likely to be wild than captive-bred.

    The most-traded mammals worldwide are minks, which are valued for their fur but can spread viruses to humans and other species. About 48 million minks are legally traded annually, about 2.8% wild-caught and the majority raised, according to U.S. Fish and Wildlife data.
    Colin Canterbury/USFWS

    Species that aren’t native to the U.S. may also escape or be released into the wild. Invasive species can cause billions of dollars in damage by consuming and outcompeting native wildlife and spreading diseases.

    We believe better data on the wildlife trade could be used to set management goals, such as harvest quotas or no-take policies for those species in their country of origin.

    What’s next

    The researchers involved in this study come from institutes around the world and are all interested in improving data systems for wildlife trade.

    Some of us focus on how e-commerce platforms such as Etsy and Instagram have become hotspots of wildlife trade and can be challenging to monitor without automation. Esty announced in 2024 that it would remove listings of endangered or threatened species. Others build tools to help wildlife inspectors process the large number of shipments in real time. Many of us examine the problems imported species cause when they become invasive.

    In the age of machine learning, artificial intelligence and big data, it’s possible to better understand the wildlife trade. Consumers can help by buying less, and making informed decisions.

    Michael Tlusty is a founding member of the Wildlife Detection Partnership and co-developed the Nature Intelligence System, which assists governments in collecting more accurate wildlife data..

    Andrew Rhyne is currently on sabbatical funded by the Canada Border Services Agency (CBSA), focused on the wildlife trade data. He is a founding member of the Wildlife Detection Partnership and co-developed the Nature Intelligence System, which assists governments in collecting more accurate wildlife data.

    Alice Catherine Hughes does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. The global wildlife trade is an enormous market – the US imports billions of animals from nearly 30,000 species – https://theconversation.com/the-global-wildlife-trade-is-an-enormous-market-the-us-imports-billions-of-animals-from-nearly-30-000-species-247197

    MIL OSI – Global Reports –

  • MIL-OSI: Maris-Tech Announces First Customer Conference: Edge of Tomorrow – Video & AI at the Frontier of Defense Innovation

    Source: GlobeNewswire (MIL-OSI)

    Join industry leaders and innovators on February 27, 2025 for a day of industry insights and networking opportunities

    Rehovot, Israel, Jan. 28, 2025 (GLOBE NEWSWIRE) — Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) (“Maris-Tech” or the “Company”), a global leader in video and artificial intelligence (“AI”) based edge computing technology, is thrilled to announce its first annual customer conference, Edge of Tomorrow – Video & AI at the Frontier of Defense Innovation. This exclusive event will place on February 27, 2025, in Rishon LeZion, Israel, and will gather industry professionals, thought leaders and collaborators to explore cutting-edge developments in edge computing and its central role in defense operations.

    Attendees will gain valuable insights into the future of video and AI acceleration, with a sharp focus on how this innovation is reshaping defense operations, enabling faster decision-making and independent functionality in challenging environments.

    The conference agenda features keynote presentations by renowned guest speakers, in-depth technical sessions, and live product demonstrations during session breaks. Attendees will also have the chance to network with peers, engage with Maris-Tech’s expert team, and gain hands-on experience with the Company’s innovative solutions.

    “We are very excited to present our first customer conference,” said Israel Bar, Chief Executive Officer of Maris-Tech. “It’s an honor to host some of the most influential guest speakers in our field and to welcome our valued customers and partners. This event will represent a unique opportunity to foster collaboration and share knowledge about the cutting-edge technologies driving the future of defense innovation.”

    For more information, to view the agenda, and to register, visit the event’s official webpage: https://maris-tech.forms-wizard.co/users/new.

    About Maris-Tech Ltd.

    Maris-Tech is a global leader in video and AI-based edge computing technology, pioneering intelligent video transmission solutions that conquer complex encoding-decoding challenges. Our miniature, lightweight, and low-power products deliver high-performance capabilities including raw data processing, seamless transfer, advanced image processing, and AI-driven analytics. Founded by Israel technology sector veterans, Maris-Tech serves leading manufacturers worldwide in defense, aerospace, Intelligence gathering, homeland security (HLS), and communication industries worldwide. We’re pushing the boundaries of video transmission and edge computing, driving innovation in mission-critical applications across commercial and defense sectors.

    For more information, visit https://www.maris-tech.com/

    Forward-Looking Statement Disclaimer

    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the “safe harbor” created by those sections. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect”,” “may”, “should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate” or other comparable terms. For example, the Company is  using forward-looking statements when it is discussing the conference and the Company’s expectation for the benefits of the conference and anticipated opportunities to foster collaboration and share knowledge about the cutting-edge technologies driving the future of defense innovation; and the benefits and advantages of video and AI acceleration. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: our ability to successfully market our products and services, including in the United States; the acceptance of our products and services by customers; our continued ability to pay operating costs and ability to meet demand for our products and services; the amount and nature of competition from other security and telecom products and services; the effects of changes in the cybersecurity and telecom markets; our ability to successfully develop new products and services; our success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; our ability to comply with applicable regulations; and the other risks and uncertainties described in the Annual Report on Form 20-F for the year ended December 31, 2023, filed with the SEC on March 21, 2024, and our other filings with the SEC. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

    Investor Relations:

    Nir Bussy, CFO
    Tel: +972-72-2424022
    Nir@maris-tech.com

    The MIL Network –

  • MIL-OSI: FINNOVATE ACQUISITION CORP. ANNOUNCES POSTPONEMENT OF SHAREHOLDER MEETING TO 10:00 AM EASTERN TIME FEBRUARY 27, 2025

    Source: GlobeNewswire (MIL-OSI)

    Boston, MA, Jan. 28, 2025 (GLOBE NEWSWIRE) — Finnovate Acquisition Corp. (“Finnovate”) (OTC: “FNVUF”, “FNVTF”, “FNVWF”) announced today that its upcoming extraordinary general meeting of shareholders (the “Special Meeting”) to approve its proposed initial business combination has been postponed to 10:00 a.m., Eastern Time on Thursday, February 27, 2025. At the meeting, shareholders of Finnovate will be asked to vote on proposals to approve, among other things, its proposed initial business combination (the “Business Combination”) with Scage International Limited, a Cayman Islands exempted company (“Scage International” or the “Company”), Scage Future, a Cayman Islands exempted company (“Pubco”), Hero 1, a Cayman Islands exempted company and a direct wholly owned subsidiary of PubCo (“Merger Sub I”), and Hero 2, a Cayman Islands exempted company and a direct wholly owned subsidiary of PubCo (“Merger Sub II”) pursuant to a Business Combination Agreement (as amended, the “Business Combination Agreement”). There is no change to the location, the record date, the purpose or any of the proposals to be acted upon at the Special Meeting.

    The Special Meeting is being postponed to allow for additional time for Scage International to obtain requisite listing approvals from the China Securities Regulatory Commission (“CSRC”), which is a condition for consummating the Business Combination. Therefore, Finnovate has decided to postpone the Special Meeting to allow more time for the closing conditions under the Business Combination Agreement to be met.

    As a result of this change, the Special Meeting will now be held at 10:00 a.m., Eastern time, on Thursday, February 27, 2025, via a live webcast at https://www.cstproxy.com/finnovateacquisition/2025. Also as a result of this change, the deadline for holders of Finnovate’s Class A ordinary shares issued in its initial public offering to submit their shares for redemption in connection with the Business Combination, is being extended to 5:00 p.m., Eastern time, on Tuesday, February 25, 2025.

    Finnovate plans to continue to solicit proxies from shareholders during the period prior to the Special Meeting. Only the holders of Finnovate’s ordinary shares as of the close of business on January 6, 2025, the record date for the Special Meeting, are entitled to vote at the Special Meeting.

    About Finnovate Acquisition Corp.

    Finnovate Acquisition Corp. is a blank check company incorporated in the Cayman Islands with the purpose of acquiring one and more businesses and assets, via a merger, capital stock exchange, asset acquisition, stock purchase, and reorganization.

    Forward-Looking Statements

    The information in this Press Release includes “forward-looking statements” within the meaning of the federal securities laws. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “may,” “will,” “expect,” “continue,” “should,” “would,” “anticipate,” “believe,” “seek,” “target,” “predict,” “potential,” “seem,” “future,” “outlook” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of financial and performance metrics and projections of market opportunity and market share; references with respect to the anticipated benefits of the proposed transactions contemplated by the Business Combination Agreement (the “Business Combination”) and the projected future financial performance of Finnovate and the Company’s operating companies following the proposed Business Combination; changes in the market for the Company’s products and services and expansion plans and opportunities; the Company’s ability to successfully execute its expansion plans and business initiatives; ability for the Company to raise funds to support its business; the sources and uses of cash of the proposed Business Combination; the anticipated capitalization and enterprise value of the combined company following the consummation of the proposed Business Combination; the projected technological developments of the Company and its competitors; ability of the Company to control costs associated with operations; the ability to manufacture efficiently at scale; anticipated investments in research and development and the effect of these investments and timing related to commercial product launches; and expectations related to the terms, approvals and timing of the proposed Business Combination. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of the Company’s and Finnovate’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of the Company and Finnovate. These forward-looking statements are subject to a number of risks and uncertainties, including the occurrence of any event, change or other circumstances that could give rise to the termination of the Business Combination Agreement; the risk that the Business Combination disrupts current plans and operations as a result of the announcement and consummation of the transactions described herein; the inability to recognize the anticipated benefits of the Business Combination; the ability to obtain or maintain the listing of the Pubco’s securities on The Nasdaq Stock Market, following the Business Combination, including having the requisite number of shareholders; costs related to the Business Combination; changes in domestic and foreign business, market, financial, political and legal conditions; risks relating to the uncertainty of certain projected financial information with respect to the Company; the Company’s ability to successfully and timely develop, manufacture, sell and expand its technology and products, including implement its growth strategy; the Company’s ability to adequately manage any supply chain risks, including the purchase of a sufficient supply of critical components incorporated into its product offerings; risks relating to the Company’s operations and business, including information technology and cybersecurity risks, failure to adequately forecast supply and demand, loss of key customers and deterioration in relationships between the Company and its employees; the Company’s ability to successfully collaborate with business partners; demand for the Company’s current and future offerings; risks that orders that have been placed for the Company’s products are cancelled or modified; risks related to increased competition; risks relating to potential disruption in the transportation and shipping infrastructure, including trade policies and export controls; risks that the Company is unable to secure or protect its intellectual property; risks of product liability or regulatory lawsuits relating to the Company products and services; risks that the post-combination company experiences difficulties managing its growth and expanding operations; the uncertain effects of certain geopolitical developments; the inability of the parties to successfully or timely consummate the proposed Business Combination, including the risk that any required shareholder or regulatory approvals are not obtained, are delayed or are subject to unanticipated conditions that could adversely affect the combined company or the expected benefits of the proposed Business Combination; the outcome of any legal proceedings that may be instituted against the Company, Finnovate, Pubco or others following announcement of the proposed Business Combination and transactions contemplated thereby; the ability of the Company to execute its business model, including market acceptance of its planned products and services and achieving sufficient production volumes at acceptable quality levels and prices; technological improvements by the Company’s peers and competitors; and those risk factors discussed in documents of Pubco and Finnovate filed, or to be filed, with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that neither Finnovate nor the Company presently know or that Finnovate and the Company currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Finnovate’s, Pubco’s and the Company’s expectations, plans or forecasts of future events and views as of the date of this press release. Finnovate, Pubco and the Company anticipate that subsequent events and developments will cause Finnovate’s, Pubco’s and the Company’s assessments to change. However, while Finnovate, Pubco and the Company may elect to update these forward-looking statements at some point in the future, Finnovate, Pubco and the Company specifically disclaim any obligation to do so. Readers are referred to the most recent reports filed with the SEC by Finnovate. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made, and we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise. 

    Additional Information

    Pubco has filed with the SEC a Registration Statement on Form F-4, which has been declared effective by SEC (the “Registration Statement”), which includes a definitive proxy statement of Finnovate and a prospectus in connection with the proposed Business Combination involving Finnovate, Pubco, Hero 1, Hero 2 and the Company pursuant to the Business Combination Agreement. The definitive proxy statement and other relevant documents has been mailed to shareholders of Finnovate as of the record date of January 6, 2025. SHAREHOLDERS OF FINNOVATE AND OTHER INTERESTED PARTIES ARE URGED TO READ, THE DEFINITIVE PROXY STATEMENT, AND AMENDMENTS THERETO IN CONNECTION WITH FINNOVATE’S SOLICITATION OF PROXIES FOR THE SPECIAL MEETING OF ITS SHAREHOLDERS TO BE HELD TO APPROVE THE BUSINESS COMBINATION BECAUSE THESE DOCUMENTS WILL CONTAIN IMPORTANT INFORMATION ABOUT FINNOVATE, THE COMPANY, PUBCO AND THE BUSINESS COMBINATION.

    Participants in The Solicitation

    Pubco, Finnovate, the Company, and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from the shareholders of Finnovate in connection with the Business Combination. Information regarding the officers and directors of Finnovate is set forth in the Registration Statement. Additional information regarding the interests of such potential participants are also included in the Registration Statement and other relevant documents to be filed or has been filed with the SEC.

    No Offer Or Solicitation

    This Press Release is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which the offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

    INVESTOR RELATIONS CONTACT

    Finnovate Acquisition Corp.
    Calvin Kung
    265 Franklin Street
    Suite 1702
    Boston, MA 02110
    +1 (424) 253-0908

    The MIL Network –

  • MIL-OSI: Exterro Schedules First-of-Its-Kind INFORM Webinar Series to Unite Global Forensic Experts

    Source: GlobeNewswire (MIL-OSI)

    PORTLAND, Ore., Jan. 28, 2025 (GLOBE NEWSWIRE) — Exterro Inc. is launching INFORM, a global webinar series designed as a premier resource for digital forensics practitioners. This virtual event will feature independent industry luminaries and experts sharing actionable insights and fostering a community of excellence.

    “INFORM is an opportunity for digital forensics experts and practitioners across the globe to connect, learn, and grow,” says Harsh Behl, VP of Product for Digital Forensics at Exterro. “Participants will join an exclusive global community, gaining new ideas, sharing insights, and forging connections with peers and experts.”

    Actionable Insights and Strategies for Attendees

    Attendees will gain exclusive insights and strategies through deep dives with leaders who understand their biggest challenges. Each session provides real-world solutions and skills applicable immediately. From notable Organizations to leading industry voices, these trailblazers and innovators will showcase the latest in forensic investigation techniques and offer predictions that will shape the year ahead.

    “The series will explore challenges and best practices of conducting investigations that investigators face in their jurisdictions, strategies for navigating diverse laws, legal frameworks, and fostering cooperation,” says Justin Tolman, the forensic evangelist and subject matter expert at Exterro. “Attendees will receive valuable insights from experts on overcoming challenges like cross-border hurdles to ensure compliance while driving effective investigative outcomes. By spanning regional perspectives, we’re offering attendees a holistic view of digital forensics that reflects the complex, global nature of today’s investigations.”

    At this full-day event will, the experts will delve deeper into:

    • Strategies for tackling complex investigations, leveraging innovative tools and strategic collaboration to solve high-value crimes, and insights into dismantling intricate, cross-border criminal networks.
    • Approaches to help forensic teams focus on critical evidence, minimize review time, reduce costs, and implement best practices for refining forensic workflows to deliver results faster in complex investigations.
    • Advanced digital forensics techniques to identify, analyze, and mitigate insider threats and data exfiltration, including methods to uncover subtle indicators of compromise, trace unauthorized data movement, and implement robust prevention strategies.
    • Addressing unique cloud challenges, including multi-tenant architectures, data sovereignty, and dynamic environments, while ensuring compliance and minimizing downtime.
    • How police forces are reshaping their digital forensic processes through innovative cloud-based solutions, modernizing and streamlining investigations, and enhancing collaboration, scalability, and case resolution efficiency.
    • Challenges and considerations that digital forensic practitioners must address.
    • Various AI methods, such as image forensics, facial detection and recognition, and deep metadata analysis used for deepfake detection, the challenges posed by the rapid evolution of deepfake technology, and the importance of a multi-modal framework in safeguarding digital media integrity.
    • The interplay between eDiscovery and forensics in internal investigations, providing insights and tips for success and efficiency, including guidance on the admissibility of evidence and strategies for enhancing personal value.

    INFORM will feature some of the brightest minds in digital forensics, including:

    • Farand C. Wasiak: Senior Special Agent at the South Carolina Law Enforcement Division (SLED), with extensive experience in cybercrime and child protection investigations.
    • Prof. Triveni Singh: Cybercrime expert and Superintendent of Police (SP) for Cyber Crime in Uttar Pradesh, India, presenting a comprehensive guide to incident response in cloud environments.
    • Rob Fried: SVP and Global Head of Forensics at Sandline Global, renowned for leadership in data collection, expert testimony, and investigative training.
    • David Williams: Director of Global Public Safety & Justice at Microsoft, exploring the critical fight against deepfake technologies and the need for multi-modal detection methods.
    • John Price KPM: Detective Sergeant with West Midlands Police, offering insights into revolutionizing case management with cloud-based forensics and digital scene triage.

    Why INFORM Matters Now

    The surge in cybercrime, increasing complexity of legal compliance, and rapid growth of data sources have reshaped the digital forensics landscape. As investigations grow more intricate, the need for global collaboration and knowledge-sharing has become paramount. INFORM seeks to break down silos and create a platform where forensic professionals, regardless of geography, can access the expertise they need to stay ahead of emerging threats.

    True to Exterro’s mission of accessibility and community-building, INFORM is a free-to-attend event. Participants can tailor their experience by selecting sessions that align with their interests or commit to the full day to experience the complete global narrative of digital forensics innovation.

    To register and view the full schedule of speakers and sessions, visit here.

    About Exterro:

    Exterro empowers organizations and law enforcement agencies to achieve better legal, regulatory, and investigatory outcomes, while saving money and minimizing the impact of data risk. Its data risk management software is the only comprehensive platform that leverages data discovery, automation, and workflow optimization, and one of the first to utilize responsible AI to give users insight into and control over the complex interconnections of privacy, legal operations, digital investigations, cybersecurity response, compliance, and data governance. Thousands of corporations, law firms, managed services providers, and government and law enforcement agencies trust Exterro to manage their risks and drive successful outcomes at a lower cost. For more information, visit www.exterro.com.

    For media inquiries, please contact:
    Anamika D. Kumar
    Email – anamika.dhirendrakumar@exterro.com

    The MIL Network –

  • MIL-OSI: authID Launches PrivacyKey™, Embedding Groundbreaking Privacy and Compliance in Its Biometric Identity Authentication Platform

    Source: GlobeNewswire (MIL-OSI)

    The unmatched speed and accuracy of authID’s Proof and Verified identity authentication solutions now provide enterprises with care-free compliance that eliminates the issues and risks associated with biometric data storage.

    DENVER, Jan. 28, 2025 (GLOBE NEWSWIRE) — authID®  (Nasdaq: AUID) (“authID”), a leading provider of biometric identity verification and authentication solutions, today announced the release of PrivacyKey™, a first-of-its-kind solution for protecting user biometric data while also avoiding all the compliance issues and risks related to biometric information storage. With the addition of PrivacyKey, authID serves as the ideal partner for organizations that previously delayed or avoided implementation of biometric solutions due to concerns over liability or potential user apprehension regarding privacy. This technology also prevents duplicate registrations without storing actual images of users’ faces.

    authID’s Proof™ solution for onboarding users captures images of physical identification documents and faces, validates both for liveness and authenticity, then matches up the facial images for positive identification, all with market-leading speed and accuracy. Historically, authID has retained an encrypted hash of the calculus of each face for subsequent authentication through its Verified™ solution. With PrivacyKey, available with authID’s Proof and Verified platform Version 4.0, authID stores no biometric data whatsoever, thereby ensuring user privacy and regulatory compliance while providing authID customers absolute confidence in the security measures they implement to authenticate and verify identities.

    PrivacyKey also features critical key-management capabilities that ensure the highest level of user protection and privacy. Enterprises using the platform can rotate and revoke keys with ease, ensuring the keys are accessible only to those who are authorized to access them. This offers authID customers a level of security no other biometric authentication solution can offer.

    “We’ve never stored any biometric data that could be reverse-engineered into a face. Today we’re innovating even further to satisfy even the most stringent compliance concerns,” explained Rhon Daguro, CEO of authID. “By leveraging technology that retains no biometric artifact whatsoever, authID provides secure verification that enterprises can trust, all at 700ms processing speeds and with one-in-one billion false-match accuracy. Companies that use authID will have cutting-edge security and data privacy compliance because PrivacyKey™ eliminates biometric data storage.”

    While biometric authentication usage is on the rise, fears of any collected biometric data being vulnerable to theft or misuse persist as the primary barrier to adoption. This leads to consumers and even employees opting out of participating in biometric systems, regardless of guarantees that their data is safe from breaches or resale. An increasing number of states and countries are also enacting laws limiting or even banning biometric data retention, meaning companies incur additional legal burdens. With the addition of PrivacyKey™, authID provides assurance to users as well as their organizations, and broadens the market for its best-in-class biometric platform.

    “Identity verification products based on personally-identifiable information are always vulnerable to data breaches, but authID’s platform subtracts that risk, allowing businesses to leverage biometric signals that can’t be breached and can’t be phished,” said Erick Soto, authID Chief Product Officer. “At time of identity proofing and onboarding, we utilize the facial biometric to create a public and private key pair. We immediately destroy the private key, and store only the public key. Each time that an onboarded user authenticates with their face, we recreate the private key, which is then matched to the public key with an encrypted message for verification. And during a search, even the keys are only matched within their organization’s ecosystem, not the universe.”

    “With PrivacyKey™, users don’t have to worry about their facial biometrics being at risk in our cloud, and our customers avoid compliance risks, since there’s nothing to steal,” added Daguro. “We provide the ultimate in data privacy protection.”

    For more information and a video demonstration of PrivacyKey, click here. For additional information, visit https://authid.ai/   

    About authID
    authID® (Nasdaq: AUID) ensures enterprises “Know Who’s Behind the Device™” for every customer or employee login and transaction through its easy-to-integrate, patented, biometric identity platform. authID quickly and accurately verifies a user’s identity and eliminates any assumption of ‘who’ is behind a device to prevent cybercriminals from compromising account openings or taking over accounts. Combining secure digital onboarding, biometric authentication, and account recovery with a fast, accurate, user-friendly experience, authID delivers biometric identity processing in 700ms. Binding a biometric root of trust for each user to their account, authID stops fraud at onboarding, detects and stops deepfakes, eliminates password risks and costs, and provides the fastest, frictionless, and the more accurate user identity experience demanded by today’s digital ecosystem. Contact us to discover how authID can help your organization secure your workforce or consumer applications against identity fraud, cyberattacks and account takeover.

    Media Contacts
    Walter Fowler
    1-631-334-3864
    wfowler@nexttechcomms.com

    Investor Relations Contacts

    Gateway Group, Inc.
    Cody Slach and Alex Thompson
    1-949-574-3860
    AUID@gateway-grp.com
    Investor-Relations@authid.ai

    The MIL Network –

  • MIL-OSI: Locus Technologies and Sophare AI announce partnership to integrate compensation analytics into leading CSRD and ESG software platform

    Source: GlobeNewswire (MIL-OSI)

    MOUNTAIN VIEW, Calif., Jan. 28, 2025 (GLOBE NEWSWIRE) — Locus Technologies, the sustainability and Environmental Health and Safety (EHS) compliance software leader, proudly announces its strategic partnership with Sophare AI to tackle one of the most complex aspects of ESG: social and pay equity. This collaboration will empower organizations worldwide to address pressing regulatory and ethical challenges through innovative technology and unparalleled domain expertise–without jumping between multiple ESG apps and platforms, which adds time and expense to the disclosure process.

    As part of this partnership, Sophare will extend Locus’s ESG software platform with new capabilities designed to address three critical areas:

    1. European Union Pay Transparency Directive Compliance: Sophare’s AI-powered tools help organizations navigate and comply with the EU’s directive, which mandates companies with 100+ employees to disclose gender pay gaps and provide transparent pay structures by 2026.
    2. Global Gender Pay Gap Reporting: With reporting requirements spreading across the EU, UK, Australia, and beyond, Sophare centralizes reporting of multi-jurisdictional compliance and uses AI and automation to streamline reporting.
    3. Alignment with the UN’s Sustainable Development Goal (SDG) 5: Sophare AI empowers companies to align with SDG 5 by shining a light on data related to gender equality in leadership and employee compensation.

    “This partnership aligns with Locus’s track record of working with professionals who bring deep domain expertise,” said Dr. Zvonimir Dadić, head of the CSRD Practice Group for Locus Technologies Europe. “Sophare’s founding team combines technical chops with a thoughtful approach to legal compliance, and we are pleased to be able to offer our clients this streamlined path to compliance.”

    Sophare AI CEO, Siena Duplan, brings a decade of experience developing pay equity algorithms as a data scientist for Salesforce, one of the world’s leading Fortune 500 companies. Sophare’s co-founder and CTO has led a distinguished career in the UK Civil Service and brings extensive engineering experience developing services in hand with legal, compliance, and policy teams. Together, Sophare AI and Locus Technologies will pursue their shared commitment to sustainability and equity, driven by data science.

    “Compliance in HR is often seen as a box-ticking exercise, but it’s actually a gateway to bringing organizations into the era of AI,” said Duplan. “HR compliance in particular is a prime opportunity to tap into AI and automation for both significant productivity gains and to deliver a transparent workplace where employees can thrive. Our next-gen data solutions put social and pay equity on par with financial and environmental health.”

    This partnership underscores Locus’s commitment to creating an integrated, end-to-end ESG software solution that stays ahead of a rapidly evolving regulatory landscape and helps organizations surmount the biggest obstacles to compliance. Together, Locus and Sophare are transforming the “S” in ESG into a driver for meaningful, measurable impact. To learn more about Locus’s CSRD and ESG software, including the new Sophare AI functionality, please contact us. 

    About Locus Technologies
    Locus Technologies, the global environmental, social, governance (ESG), sustainability, and EHS compliance software leader, empowers companies of every size and industry to be credible with ESG reporting. From 1997, Locus pioneered enterprise software-as-a-service (SaaS) for EHS compliance, water management, and ESG credible reporting. Locus apps and software solutions improve business performance by strengthening risk management and EHS for organizations across industries and government agencies. Organizations ranging from medium-sized businesses to Fortune 500 enterprises, such as Sempra, Corteva, Chevron, DuPont, Chemours, San Jose Water Company, The Port Authority of New York and New Jersey, Port of Seattle, and Los Alamos National Laboratory, have selected Locus. Locus is headquartered in Mountain View, California. For further information regarding Locus and its commitment to excellence in SaaS solutions, please visit https://www.locustec.com or email info@locustec.com.

    About Sophare AI
    Sophare AI uses advanced data analytics and machine learning to help organizations achieve lasting pay equity and comply with global pay transparency regulations. Sophare takes a thoughtful approach to legal compliance and business practices, relying on deep expertise in employment laws and regulations across different countries. The company carefully analyzes these requirements to develop the best data models and strategies to help customers meet compliance standards. Deciding how to adapt its services and operations to meet legal requirements is a core part of how Sophare operates. Sophare currently supports global gender pay gap reporting and other cross-border HR compliance requirements. Sophare AI is also seeking partners to co-develop an AI-driven workforce scenario planning tool. Sophare AI is headquartered in San Francisco, California. Please visit sophare.ai or email team@sophare.ai for more information.

    Media Contact:
    Brenda Mahedy
    Locus Technologies
    media@locustechnologies.net

    The MIL Network –

  • MIL-OSI: Rocket Software Transforms Hybrid Cloud Data Integration with Rocket® DataEdge™

    Source: GlobeNewswire (MIL-OSI)

    WALTHAM, Mass., Jan. 28, 2025 (GLOBE NEWSWIRE) — Rocket Software, a global technology leader in modernization software, today announced Rocket DataEdge, its structured data suite for hybrid cloud data integration. Rocket DataEdge bridges the gap between core transactional applications, distributed systems, and cloud environments, providing seamless data discovery, integration, and management. Because data is the foundation of corporate growth strategies, this comprehensive suite underscores Rocket Software’s commitment to enabling organizations to capture the full value of data in AI and analytics initiatives.

    The hybrid cloud market is experiencing explosive growth, projected to reach an estimated value of $262 billion by 2027, up from $85 billion in 2021. As enterprises increasingly adopt hybrid cloud infrastructures, the real-time integration of mainframe, distributed and cloud data has become essential for informing AI models and unlocking fully actionable insights. Yet, vast amounts of critical data from core transactional systems remain largely unavailable to AI and analytics initiatives. From transactional and customer records to inventory information, recent research reveals that only 28% of IT leaders are fully capitalizing on this valuable resource. AI and analytics models that don’t leverage mainframe data are often unable to provide complete and accurate insights, seriously limiting their ability to drive business value. For this reason, comprehensively integrating data across infrastructures is critical to getting a complete and timely view of the business.

    “IT leaders recognize the tremendous value of data stored in core transactional applications but struggle to access and leverage the information effectively in the AI and analytics initiatives that drive growth,” said Michael Curry, President of Data Modernization at Rocket Software. “As a result, decision-makers often rely on incomplete information, missing key insights that would inform their strategies. While hybrid environments offer significant benefits, their full potential can only be realized by bridging data from these disparate sources. Rocket DataEdge enables data and analytics teams to execute an adaptive, forward-looking data strategy that drives maximum competitive advantage.”

    Rocket DataEdge builds diverse enterprise data sets into a single, scalable, high-quality enterprise data set. It is the most comprehensive data discovery, integration, and metadata management suite available, supporting more hybrid technology connections and targets than any other provider. Rocket DataEdge enables enterprises to:

    • Synchronize enterprise data in real time – Easily connect hard-to-reach mainframe, IBM® i and on-premises data with cloud applications, data lakes, lakehouses, and warehouses.
    • Access and analyze data faster – By automating the scanning and analysis of mainframe and cloud metadata, data becomes easily understood and mapped to cloud data initiatives.
    • Reduce operational costs and increase business agility – Enabling optimal hybrid cloud processing engines for data management, enterprises can lower costs, optimize operations, and speed delivery.
    • Improve workflows across infrastructure – Cohesive data management minimizes complexity, delays, errors, and compatibility challenges by seamlessly unifying data across environments.

    “Understanding and harnessing all enterprise data is critical to enable complete and actionable insights on customer needs, market trends, and operational effectiveness,” said Stewart Bond, Vice President, Data Intelligence and Integration Software, IDC. “But integrating data from core transactional, distributed, and cloud sources into a single, widely accessible repository is still a huge challenge. Rocket’s DataEdge vision and roadmap connects core transactional systems with cloud and distributed environments to deliver seamless, high-quality data access and governance across the enterprise.”

    Rocket DataEdge unifies metadata management and end user experience to advance AI and analytics initiatives that drive business outcomes. The suite includes Rocket®Data Replicate & Sync, Rocket® Data Intelligence, and Rocket® Data Virtualization. To learn more about Rocket DataEdge visit Rocket® DataEdge.

    About Rocket Software 
    Rocket Software is a global technology leader in modernization and a partner of choice that empowers the world’s leading businesses on their modernization journeys, spanning core systems to the cloud. Trusted by over 12,500 customers and 750 partners, and with more than 3,600 global employees, Rocket Software enables customers to maximize their data, applications, and infrastructure to deliver critical services that power our modern world. Rocket Software is a privately held U.S. corporation headquartered in the Boston area with centers of excellence strategically located throughout North America, Europe, Asia and Australia. Rocket Software is a portfolio company of Bain Capital Private Equity. Follow Rocket Software on LinkedIn and X or visit www.RocketSoftware.com. 

    IBM is a trademark of International Business Machines Corporation.

    Media Contact
    Lacey Darrow
    ldarrow@rocketsoftware.com

    The MIL Network –

  • MIL-OSI: Sky Quarry Unveils National Rollout Plan for Modular Extraction Facilities

    Source: GlobeNewswire (MIL-OSI)

    Tailored for Strategic Scalability and Cost Efficiency for Production of Sellable Byproducts for Local and Regional Markets

    WOODS CROSS, Utah, Jan. 28, 2025 (GLOBE NEWSWIRE) — Sky Quarry Inc. (NASDAQ: SKYQ) (“Sky Quarry” or the “Company”), an integrated energy solutions company committed to revolutionizing the waste asphalt shingle recycling industry, has unveiled plans for a national rollout of modular facilities designed to expand the reach and scalability of the Company’s proprietary technology and platform, demonstrating its commitment to innovation, operational efficiency, and long-term growth.

    With downstream operations established at its Nevada refinery and midstream operations at its extraction facility in Utah expected to be fully operational in 2025, the Company is finalizing its plan to expand its upstream capabilities through the deployment of its Asphalt Shingle Recycling (ASR) units. Engineered for scalability and cost efficiency, these units will collect and process waste asphalt shingles, while producing sellable byproducts, such as sand and granules, for local and regional markets, expanding the Company’s market reach.

    The placement of the ASR units will be chosen based on three critical logistical criteria:

    1. Proximity to densely populated areas to minimize transportation costs, thereby reducing the environmental impact,
    2. Placement in regions with high tipping fees to maximize economic returns, and
    3. Accessibility to rail lines to streamline raw and processed material transport.

    The plan features two modular designs: Resource Processing Units and Resource Extraction Units. The Resource Processing Units will process waste shingle material by reducing its size, extracting sand and granules, and compressing the remaining limestone powder and bitumen into briquettes for shipment to Utah for final extraction. This process decreases the asphalt waste material’s volume by 40%, lowering transportation costs. These units are 80% complete and will target the West Coast and Southwest, with costs estimated to be between $500,000 and $1.5 million per unit, depending on capacity.

    The Resource Extraction units will have oil extraction capabilities for local use by refineries or asphalt plants, ideal for areas where shipping shingles to Utah is not feasible. Currently in the design phase, these units are being developed to target the East Coast, Florida, Texas, and the Midwest. Each extraction facility, costing an estimated $12 million to build, is expected to recover its initial capital cost within 24 to 36 months after it is fully operational through revenues and profits generated from tipping fees and the sale of recovered materials at each facility.

    In response to tightening landfill disposal mandates and increasing state requirements for construction and demolition waste diversion, Sky Quarry believes that its modular units position the Company as one of the few viable solutions for managing this material. This could potentially allow for higher waste management fees, and the Company believes that evolving regulations will further support this growth. To meet the disposal mandates and increased diversion demand, a limited number of exclusive modular partnership opportunities will be made available for qualified candidates on a first-come basis. Please direct inquiries to: tomzickell@ras-tech.com

    “We believe Sky Quarry’s modular ASR facilities will offer significant economic, environmental, and community benefits,” said David Sealock, CEO and Chairman of Sky Quarry. “By enabling partnerships with local businesses and asphalt shingle manufacturers, these facilities will create a closed-loop system that promotes sustainability, reduces waste, and minimizes reliance on virgin materials and transportation costs. Additionally, the sale of recovered materials such as sand, granules, and bitumen have the potential to stimulate regional economic growth while creating meaningful job opportunities.”

    About Sky Quarry Inc.

    Sky Quarry Inc. (NASDAQ: SKYQ) and its subsidiaries are, collectively, an oil production, refining, and a development-stage environmental remediation company formed to deploy technologies to facilitate the recycling of waste asphalt shingles and remediation of oil-saturated sands and soils. Our waste-to-energy mission is to repurpose and upcycle millions of tons of asphalt shingle waste, diverting them from landfills. By doing so, we can contribute to improved waste management, promote resource efficiency, conserve natural resources, and reduce environmental impact. For more information, please visit skyquarry.com.

    Forward-Looking Statements

    This press release may include “forward-looking statements.” All statements pertaining to our future financial and/or operating results, future events, or future developments may constitute forward-looking statements. The statements may be identified by words such as “expect,” “look forward to,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project,” or words of similar meaning. Such statements are based on the current expectations and certain assumptions of our management, of which many are beyond our control. These are subject to a number of risks, uncertainties, and factors, including but not limited to those described in our disclosures. Should one or more of these risks or uncertainties materialize or should underlying expectations not occur or assumptions prove incorrect, actual results, performance, or our achievements may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. We neither intend, nor assume any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated. You are urged to carefully review and consider any cautionary statements and the Company’s other disclosures, including the statements made under the heading “Risk Factors” and elsewhere in the Company’s Form 1-A offering statement filed with the SEC. Forward-looking statements speak only as of the date of the document in which they are contained.

    Investor Relations

    Chris Tyson
    Executive Vice President
    MZ Group – MZ North America
    949-491-8235
    SKYQ@mzgroup.us
    www.mzgroup.us

    Corporate Contact

    Jennifer Standley
    Director of Investor Relations
    Ir@skyquarry.com

    Company Website
    www.skyquarry.com

    The MIL Network –

  • MIL-OSI USA: Engineering Professor Earns Nation’s Highest Honor for Early-Career Scientists

    Source: US State of Connecticut

    On Jan. 14, UConn civil engineering Professor Arash E. Zaghi was among nearly 400 individuals honored by President Biden with the Presidential Early Career Award for Scientists and Engineers (PECASE). This is the highest honor bestowed by the U.S. government on outstanding scientists and engineers who are in the early phases of their careers. Jill Wegrzyn, an associate professor in the UConn Department of Ecology and Evolutionary Biology, also received this award.

    Established by President Clinton in 1996, PECASE recognizes scientists and engineers who show exceptional potential for leadership early in their research careers. The award recognizes innovative and far-reaching developments in science and technology. 

    Zaghi, who joined the UConn faculty in 2011, is a professor in the College of Engineering. At the beginning of his career, his research focused primarily on bridge design and resilience against earthquakes and other disasters.  

    But after his diagnosis with dyslexia and ADHD at age 32, he knew he wanted to get involved with supporting neurodiverse learners. Building on his own experience, Zaghi quickly identified a major problem with mainstream narratives of neurodiversity. 

    “My diagnosis opened my eyes to the unique strengths often overlooked in individuals like myself,” Zaghi says. “As I delved into the literature, I discovered mixed perspectives. Some studies suggest that people with ADHD tend to be more creative and willing to take risks. These are precisely the skills we need to address the complex, large-scale challenges of our time. This realization sparked my commitment to redefining neurodiversity as a strength and to creating environments where diverse ways of thinking are celebrated and harnessed for innovation.” 

    Now, Zaghi’s work specifically centers on countering the “deficit” model of neurodiversity, which focuses on the challenges neurodiverse students face in traditional learning environments and promoting the “strengths-based” model. Instead of regarding neurodiversity as a problem to be solved, this model encourages the view of neurodiversity as a unique strength. For example, research (including Zaghi’s own) has suggested that neurodiverse students tend to excel in areas such as creativity, pattern-recognition, and problem-solving. Many also demonstrate higher than average academic ability. 

    My diagnosis opened my eyes to the unique strengths often overlooked in individuals like myself.

    These are all the qualities, Zaghi thinks, that the fields of engineering – and science more broadly – should be embracing and actively recruiting. 

    The National Science Foundation (NSF) agrees. In 2017, Zaghi was awarded the prestigious NSF CAREER Award for his project “Promoting Engineering Innovation through Increased Neurodiversity by Encouraging the Participation of Students with ADHD.” In 2021, he followed it with an NSF Mid-Career Advancement award for a project using artificial intelligence to develop personalized assistive tools to enhance the participation of neurodiverse students in STEM education. 

    Zaghi’s latest honor, the PECASE, is another national recognition of the powerful potential of his work. It is the crowning jewel of a research career studded with similar accolades, most relating to promoting neurodiverse learning through a strengths-based approach. 

    “We are very proud of Prof. Arash Zaghi for winning this presidential award and for his pioneering research in supporting neurodiverse students to improve their learning outcome and future careers,” says JC Zhao, Dean of the UConn College of Engineering. “Arash’s research and outreach will shift the paradigm and also bring visibility to a generally misunderstood group of students who can be as successful as Arash himself.”

    Throughout this career, Zaghi has been able to steadily expand the breadth of his work in supporting neurodiverse education. His earliest projects in this realm had a very specific focus – for example, supporting students with ADHD in engineering.  

    Over time, and thanks to collaborations with other researchers at UConn and elsewhere, Zaghi’s focus was able to grow beyond engineering to include STEM as a whole. It has also grown to include other types of neurodiversity, like dyslexia and autism, and address different age groups, from K-12 learners to graduate students. 

    With UConn neuroscientist Fumiko Hoeft, Zaghi is co-PI on the TRANSdisciplinary Convergence in Educational Neuroscience Doctoral (TRANSCEND) training program, an interdisciplinary training program devoted to rethinking educational neuroscience. He is also the co-PI on the UConn INCLUDE project, which supports neurodiversity in the College of Engineering. 

    The recognition for his work as a champion of neurodiversity is gratifying, Zaghi says, but he can remember a time just ten years ago when the idea of a strengths-based approach was considered “so radical.” 

    When he submitted his first proposal to the NSF, Zaghi recalls, he was told, “This is so far out of the mainstream that I have no idea how the panel is going to react.” 

    “We were extremely fortunate that the NSF invested in us,” he says. “I think that’s a great story of how bold research pays off. The NSF is there to support high-risk, high-payoff research, and they supported that ‘crazy idea.’ Now, here we are – with the amount of visibility, I think we have substantially contributed to changing the narrative from a deficit perspective to a strengths-based one.” 

    MIL OSI USA News –

  • MIL-OSI Europe: OSCE PCUz supports the seventh edition of the “Open Data Challenge” hackathon

    Source: Organization for Security and Co-operation in Europe – OSCE

    Headline: OSCE PCUz supports the seventh edition of the “Open Data Challenge” hackathon

    Contestants and organizers of the seventh “Open Data Challenge” hackathon. (OSCE/IT Park Uzbekistan) Photo details

    From 24 to 26 January, IT enthusiasts gathered at the New Uzbekistan University in Tashkent for the seventh edition of the “Open Data Challenge” hackathon.
    This annual competition was organized by the OSCE Project Co-ordinator in Uzbekistan (PCUz) together with IT-Park Uzbekistan and the Statistics Agency of the Republic of Uzbekistan.
    More than 150 young people gathered in teams and competed to develop technological solutions based on the data opened by public authorities. Out of 60 registered teams, 8 made it to the final, with the top three teams producing projects ranging from a platform designed to analyze tenders from the open data platform etender.uzex.uz, a startup that uses artificial intelligence for people with disabilities and a chatbot for analyzing data in real time using open data.
    This popular event offers a unique opportunity to further demonstrate the practical relevance and applicability of open data while engaging youth in proposing solutions to current challenges.
    Open data plays an important role in the monitoring and evaluation of state bodies’ activities. In addition to strengthening public control and its anti-corruption component, the publication of data has a direct economic impact and a hugely untapped social potential.
    Through the development of new services and products that offer responses to known problems or gaps, new jobs are created, and the IT community is strengthened.
    Taking into account the multifaceted aspect of data, the development of an open data ecosystem in Uzbekistan is an integral part of the PCUz’ activities to promote economic development, as well as good governance.

    MIL OSI Europe News –

  • MIL-OSI: 89% of IT Leaders Worry GenAI Flaws Could Negatively Impact Their Organization’s Cybersecurity Strategies, Sophos Survey Finds

    Source: GlobeNewswire (MIL-OSI)

    OXFORD, United Kingdom, Jan. 28, 2025 (GLOBE NEWSWIRE) — Sophos, a global leader of innovative security solutions for defeating cyberattacks today released a new report, “Beyond the Hype: The Businesses Reality of AI for Cybersecurity,” which surveyed 400 IT leaders on their use of AI in security. The survey found that, despite 65% having adopted generative artificial intelligence (GenAI capabilities) 89% of IT leaders are concerned that flaws in GenAI cybersecurity tools could put their organization at risk.

    Additionally, according to new Sophos X-Ops research, “Cybercriminals Still Not Getting on Board the AI Train (Yet),” also released today, there has been a slight but noteworthy shift in the way cybercriminals use AI. After investigating several underground forums, Sophos X-Ops found that, while there’s still skepticism about GenAI, some criminals are using it to automate mundane tasks, such as crafting bulk emails and analyzing data. Others are incorporating it into spam and social engineering toolkits.

    “As with many other things in life, the mantra should be ‘trust but verify’ regarding generative AI tools. We have not actually taught the machines to think; we have simply provided them the context to speed up the processing of large quantities of data,” said Chester Wisniewski, director, global field CTO, Sophos. “The potential of these tools to accelerate security workloads is amazing, but it still requires the context and comprehension of their human overseers for this benefit to be realized.”

    With some form of AI embedded in the cybersecurity infrastructure of 98% of organizations surveyed, IT leaders expressed concern about potential over-reliance on AI, with 87% of respondents stating they were concerned about a resulting lack of cybersecurity accountability.

    GenAI and Reducing Burnout

    Different-sized organizations expressed different priorities for utilizing GenAI. While large organizations (those with more than 1,000 employees) are prioritizing improved protection, respondents with 50-99 employees rated reducing burnout as their top desired benefit from GenAI tools. However, complicating matters, across all sizes of organizations, 84% of leaders surveyed said they were concerned about pressure to reduce cybersecurity professional headcount due to unrealistic expectations about AI’s abilities to replace human operators.

    Other Key Findings from the “Beyond the Hype” Report:

    • Costs of GenAI Are Hard to Quantify: 75% of IT leaders agree that the costs of GenAI in cybersecurity products are hard to quantify.
    • Companies Are Counting on Savings from GenAI: While 80% of IT leaders believe that GenAI will significantly increase the cost of cybersecurity tools, most organizations believe GenAI offers a path to lowering overall cybersecurity expenditure with 87% of respondents believing the savings of GenAI will offset the costs.

    To learn more about IT leaders utilizing AI, read the report, “Beyond the Hype: The Businesses Reality of AI for Cybersecurity,” on Sophos.com.

    To learn more about cybercriminal attitudes towards GenAI, read the report, “Cybercriminals Still Not Getting on Board the AI Train (Yet),” on Sophos.com.

    Learn More About

    About Sophos
    Sophos is a global leader and innovator of advanced security solutions for defeating cyberattacks, including Managed Detection and Response (MDR) and incident response services and a broad portfolio of endpoint, network, email, and cloud security technologies. As one of the largest pure-play cybersecurity providers, Sophos defends more than 600,000 organizations and more than 100 million users worldwide from active adversaries, ransomware, phishing, malware, and more. Sophos’ services and products connect through the Sophos Central management console and are powered by Sophos X-Ops, the company’s cross-domain threat intelligence unit. Sophos X-Ops intelligence optimizes the entire Sophos Adaptive Cybersecurity Ecosystem, which includes a centralized data lake that leverages a rich set of open APIs available to customers, partners, developers, and other cybersecurity and information technology vendors. Sophos provides cybersecurity-as-a-service to organizations needing fully managed security solutions. Customers can also manage their cybersecurity directly with Sophos’ security operations platform or use a hybrid approach by supplementing their in-house teams with Sophos’ services, including threat hunting and remediation. Sophos sells through reseller partners and managed service providers (MSPs) worldwide. Sophos is headquartered in Oxford, U.K. More information is available at www.sophos.com.

    The MIL Network –