Avast demonstrates commitment to digital freedom with MyData membership


Avast (LSE:AVST), a global leader in digital security and privacy, today announced its membership of MyData Global, an award-winning international non-profit with over 100 member organizations. Avast is the gold sponsor of this year’s MyData conference on 21-22 June in Helsinki, Finland, at which Charles Walton will deliver a keynote, “Where ethics meet profit: how putting people first is good for business”, examining how privacy, trust and putting individuals in control of their data can translate into ROI and competitive advantage for businesses.

MyData Global unites activists, academics, entrepreneurs, companies, and governments in pursuit of a common goal: to empower individuals with their personal data. Avast will become a voting member and active contributor of a global community representing many of the most forward-thinking minds in digital trust and personal data management.

Avast’s keynote address will be given alongside luminaries such as Miapetra Kumpula-Natri, Member of the European Parliament, Nnenna Nwakanma, Chief Web Advocate, World Wide Web Foundation, and Jasmina Byrne, Chief of Policy, UNICEF Office of Global Insight and Policy.

Charles Walton, Senior Vice President and General Manager said, “Our vision for digital trust is bigger than any one company and requires collaboration and open ecosystems and we believe the private sector has a significant role to play in driving adoption globally. Membership of collaborative groups such as leader MyData Global connects us with a community of organizations and experts who share our values around privacy, decentralization, and user control. When people are in charge of their personal data, everyone wins.”

Teemu Ropponen, General Manager of MyData Global, said, “In an era marked by the extensive use of personal data, the need for giving end users more transparency and control over their data trails is evident. We’re thrilled that Avast has joined our community, working to further the rights of individuals over their personal data. Together we catalyze change for a more fair and prosperous digital society with humans at the centre, showing that ethical can be profitable.”


CYFIRMA Expands Mitsubishi Motors’ Visibility On External Threat Landscape and Strengthens Its Cybersecurity Posture


CYFIRMA K.K. (HQ: Tokyo, Japan, hereinafter called CYFIRMA), a predictive cyber-threat visibility and intelligence analytics platform company announced today that Japanese automobile manufacturer Mitsubishi Motors Corporation (HQ: Tokyo, Japan hereinafter called Mitsubishi Motors) has selected its cloud-based, AI-powered cybersecurity platform, DeCYFIR, to gain full visibility into its external threat landscape, prepare against upcoming attacks, and prevent the theft of intellectual property.

It is critical for Mitsubishi Motors to be well equipped in identifying and defending against the increase in cybercriminals looking to target Japanese companies that own advanced technologies for autonomous driving assistance systems, electric vehicles and connected services. Leveraging CYFIRMA’s DeCYFIR platform allows Mitsubishi Motors to gain full visibility into the external threat landscape by monitoring the dark web and tracking any activity or conversation that poses a threat to its business. This ability, coupled with having established computer security incident response teams to collect and analyze cyber threats across various business units, will strengthen Mitsubishi Motors’ cybersecurity posture and increase business resiliency.

“Customer safety and their personal information remain our utmost priority at Mitsubishi Motors. With the rising level of cyberattacks, cybersecurity threat intelligence information becomes paramount as a countermeasure and deterrence to these risks. We are confident that CYFIRMA is the right partner for us to work with,” said Mr. Yamane, General Manager of Information Security Management Office, Mitsubishi Motors. “DeCYFIR is a powerful platform that enhances our cybersecurity posture as it goes one step further in providing critical early warning intelligence to identify attack surfaces and vulnerabilities at the earliest stages, allowing our security team to take rapid action in mitigating risk.”

Based on analysis of threat indicators collected from the Deep Web, Dark Web, hacker forums and other closed communities, as well as CYFIRMA’s own research, attacks can be predicted using probability prediction models and analytics engines. By providing threat intelligence from the outside, CYFIRMA is able to share early warning information when signs of cyber-attacks are detected, enabling Mitsubishi Motors to take rapid action to thwart attempts at intellectual property theft, and other malicious activities.

“We are honoured to be working with Mitsubishi Motors, Japan’s leading automobile manufacturer. We are confident that our DeCYFIR platform will be instrumental in helping them strengthen their cyber posture, protect their valuable intellectual property from any cyber-attacks and threats, and give them the upper hand against cybercriminals,” said Kumar Ritesh, Founder and CEO, CYFIRMA. “Cybercrime and attacks are dominating news headlines today, and the reality of these incidents happening to anyone, anywhere, anytime is sinking in. Regardless of the industry, forward-looking organizations can no longer have cybersecurity as an afterthought.”


Cloud Distribution Partners with Ava Security Bringing Human-Centric Cyber Security Solutions To the UK Market


Cloud Distribution, the ‘Partner Growth’ Distributor specialising in ‘Cloud First’ Innovative & Disruptive Cyber Security, Networking & SaaS Solutions, has recently added Ava Security to its growing portfolio of cyber-security vendors. This partnership gives VARs the opportunity to provide their customers with Ava’s unique delivery of both cyber security and physical security solutions, safeguarding both people and assets with proactive video surveillance and data loss and insider protection.

“By identifying both cyber and physical security threats before they become incidents, organisations can take a more proactive security posture, and we are excited to be working with Cloud Distribution to help their partners solve these challenges for their end users,” said Nick Maxwell, General Manager, Ava – UK, MEA & ANZ.

Ava’s human-centric cyber security solution offers two key components:

Ava Reveal – Employs a powerful combination of policy, machine learning sensors and real-time user education to prevent IP theft and sabotage, improve cyber hygiene and accelerate threat hunting. It helps organisations detect, monitor, and respond to insider threats in real-time, protecting their users, data and reputation.

Ava Aware – This end-to-end intelligent video surveillance solution delivers proactive video security and insight, including integrated video and audio analytics uniquely powered by machine learning algorithms, additionally, it can add intelligence to existing CCTV systems. As a result, Ava Aware increases security efficiency, streamlines forensics and searches, and provides valuable operational insights and data beyond traditional surveillance systems.

Ava Reveal not only gives our customers greater visibility of their corporate environment, but it gives them confidence too,” comments Rick Gray from CyberFit. “Anytime a document is moved to an unsafe location, an employee is notified, eliminating unnecessary security fears. This ease of use is what makes it such a desirable platform for mitigating risk and keeping employees informed of all potentially harmful activity.”

“For years on-site security has been nothing more than a loss prevention tool,” Mark Brackley from Jade Solutions further comments, “but with the powerful edge-based processing that the Ava solution offers we are now able to augment crystal clear surveillance footage with powerful and reliable analytics that give our customers a real insight into how their stores and DCs are being used. Information such as the number of customers in-store, dwell times at displays, common routes and, in the DC, data around preventing accidents and improving processes would have previously needed completely separate hardware and software solutions. The integrated nature of this solution, we believe, will be a game changer for our industry, and we’re already having some really interesting conversations with customers around how this data can be used.”

“Using AI and ML to simplify processes, Ava’s powerful human-centric cyber security solution is clearly a game changer in the insider threat space, as well as a huge opportunity for partners,” comments Adam Davison, Chief Strategy Officer at Cloud Distribution. “We’ve already enabled a number of proof of concepts to end users via partners, and we’re gaining incredible feedback on the offering.”

Partners will immediately benefit from attractive margins and comprehensive support from Cloud Distribution’s Partner Growth Services to support their go to Market.


Global Impact of SRD II and Lessons Learned Highlighted in New Whitepaper from Broadridge


Despite its new obligations for financial intermediaries taking effect in September 2020, the European Commission’s updated Shareholder Rights Directive (SRD II) is still very much in the early stages of a full and seamless adoption across European regulated markets, according to a new report by global Fintech leader Broadridge Financial Solutions, Inc. (NYSE: BR).

Today Broadridge launches its latest industry whitepaper on SRD II. The report extracts learnings from over 350 SRD II client implementations, which should serve as a valuable resource for firms that have yet to implement their SRD II solution, as well as those who met the deadline but continue to refine their processes.

“The implementation of SRD II compliance procedures has created a number of challenges on affected intermediaries, especially those providing voting-related services for the first time,” said Demi Derem, General Manager, International Bank Broker-Dealer Communication Solutions at Broadridge. “Having worked with clients based within and outside of Europe, including both retail- and institutional-focused firms, spanning multiple tier-one banks, brokers and wealth managers, this report will serve as a useful reference and navigation guide”.

SRD II is a key part of the Capital Markets Union agenda and, as such, it remains a high-profile, mandatory requirement subject to deep scrutiny over the coming years, including a formal review of the directive’s effectiveness by the European Commission.

“The risks and penalties are wide-ranging and can be severe for firms, which are yet to be fully compliant,” Derem added. “Firms seeking external support should consider their options carefully. They should pay particular attention to companies that can offer the requisite knowledge and experience of navigating the shareholder communications landscape, and can provide the necessary economies of scale, digital data security and complete market coverage”.