Core Insights - The 2025 Data Breach Investigations Report (DBIR) by Verizon Business highlights a significant increase in system intrusions in the Asia-Pacific region, with 80% of data breaches attributed to such attacks, up from 38% the previous year [1][2][3] Key APAC Findings - Malware incidents rose dramatically from 58% to 83% year-over-year in the Asia-Pacific region, with ransomware now accounting for 51% of breaches [2][9] - The report indicates a concerning trend of espionage-motivated attacks particularly affecting the Manufacturing and Healthcare sectors, while the Education, Financial, and Retail industries continue to face persistent threats [6] - The involvement of third parties in breaches has doubled, emphasizing the risks associated with supply chains and partner ecosystems [9] Key Global Findings - The report analyzed over 22,000 security incidents, including 12,195 confirmed data breaches across 139 countries, underscoring the global nature of the cybersecurity threat landscape [2] - The median ransom payment to cybercriminals was reported at US$115,000, which poses a significant financial burden for small and medium-sized businesses (SMBs) [7] - A notable increase in breaches due to exploitation of vulnerabilities was observed, with a 34% rise, particularly focusing on zero-day exploits targeting perimeter devices and VPNs [9]

QUALCOMM Incorporated (QCOM) has unveiled the Qualcomm Artificial Intelligence (AI) Program for Innovators (QAIPI) 2025 in the Asia-Pacific region (APAC), a new initiative to empower developers and startups in Japan, Singapore and South Korea. The program focuses on creating cutting-edge on-device AI solutions across mobile, compute and Internet of Things (IoT) sectors.What Does QAIPI Offer?QAIPI provides participants with exclusive resources, mentorship and training to encourage the development of end-to-e ...

Group 1 - Ping An Insurance has been upgraded to an AA ESG rating by MSCI, marking the third consecutive year it leads the Multi-Line Insurance & Brokerage Industry in the Asia-Pacific region [1][2] - The company outperforms industry averages in five key indicators: human capital development, privacy & data security, financing environmental impact, responsible investment, and climate change vulnerability [2] - Ping An is committed to sustainable development as a long-term strategic priority, integrating sustainability into its corporate strategy with a scientific management system and transparent governance structure [3] Group 2 - The company maintains a customer-centric approach and is advancing a technology-driven "integrated finance + healthcare and senior care" strategy [4] - Ping An aims to enhance corporate governance and risk management while promoting green finance initiatives to create sustainable long-term value for stakeholders [4] - As of September 2024, Ping An had over RMB 12 trillion in total assets and ranked 29th in the Forbes Global 2000 list and 53rd in the Fortune Global 500 list [5]

PERTH, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Globavend Holdings Limited (Nasdaq: GVH) (“Globavend”), an emerging e-commerce logistics services provider, today announced that it will present in a live webinar teamed up by international law firms on Going Public in the US – an APAC Experience. The webinar will be held on November 28, 2024, at 2:30 p.m. AEDT. Participants will gain insights from the Nasdaq and industry experts in going public in the US. At the webinar, Neil Waldron, Nasdaq’s Director of Corporate ...

Company Expansion - Apollo has opened a new office in Seoul, South Korea, and appointed Jay Hyun Lee as Partner and Head of Korea to support its growth plans in the market [1][4] - The firm has a successful track record in the Asia Pacific region, having established its presence in major cities such as Tokyo, Sydney, Hong Kong, Mumbai, and Singapore since 2006 [2] Leadership and Strategy - As Head of Korea, Lee will focus on driving Apollo's capital formation strategy, building institutional relationships, and expanding the team in South Korea [3] - Lee brings 25 years of financial services experience, previously serving as Senior Executive Vice President at Samsung Securities and holding key roles at Goldman Sachs, BNP Paribas, J.P. Morgan, and KPMG Korea [5] Market Opportunity - Apollo views South Korea as a leading financial hub with significant opportunities to serve investors and retirees, addressing the growing demand for flexible and creative capital solutions [4] - The firm aims to collaborate with pensions, insurers, and other institutions to provide yield-oriented solutions for individuals and savers seeking duration-matched income products [4] Academic Collaboration - Apollo has appointed Dr. Sam Young Chung, a professor at Yonsei University, as an Academic Advisor in Asia Pacific to leverage his expertise in retirement solutions and alternative assets [6] Company Overview - Apollo is a high-growth global alternative asset manager with approximately $733 billion in assets under management as of September 30, 2024 [7]

Bob Iger said today Disney‘s content investment in EMEA and APAC has “slowed down” as the company wrestles with technology challenges and sees its Hollywood movies land strongly in local territories. Talking to analysts during a fourth quarter earnings call, the Disney CEO painted a mixed picture of what international spend will look like going forwards, citing “opportunities, and even the need” for “selective investing outside the United States,” while warning that these should not be considered “enormous ...

Company Overview - Gilat Satellite Networks Ltd. is a leading global provider of satellite-based broadband communications with over 35 years of experience [2] - The company offers a diverse portfolio that includes high-value solutions for multiple orbit constellations, very high throughput satellites (VHTS), and software-defined satellites (SDS) [3] Recent Developments - Gilat has secured a multimillion contract extension to provide services for a leading satellite operator in the Asia-Pacific region for an additional 12 months [1] - This contract extension emphasizes Gilat's ongoing support in managing and maintaining the operator's satellite communications infrastructure, ensuring enhanced network performance and reliability [1] Product and Service Offerings - The company's offerings include a cloud-based platform, high-performance satellite terminals, Satellite On-the-Move (SOTM) antennas, Solid State Power Amplifiers (SSPA), Block Upconverters (BUC), and integrated ground systems [3] - Gilat's solutions cater to various applications such as broadband access, mobility, cellular backhaul, enterprise, defense, aerospace, broadcast, government, and critical infrastructure [3] Strategic Importance - The contract extension reflects the trust that partners place in Gilat's technology and underscores the company's strategic role in the satellite communications sector [1]

mapo Two small IPOs and two SPACs debuted this past week. Eight IPOs submitted initial filings. Chinese cancer radiotherapy treatment planning systems provider Pheton Holdings (PTHL) priced its US IPO at the low end to raise $9 million at a $57 million market cap. Through its Chinese operating entity, Pheton sells brachytherapy treatment planning systems (TPS) designed to kill cancer cells and shrink tumors. Its lead product, Feitian Treatment Planning Software (FTTPS) includes TPS made to treat a wide vari ...

Bitbuy APAC has officially launched, marking a major milestone in WonderFi's global ambitionsAnnounces partnership with leading Australian e-commerce platform completing first trade in AustraliaToronto, Ontario--(Newsfile Corp. - August 13, 2024) - WonderFi Technologies Inc. (TSX: WNDR) (OTCQB: WONDF) ("WonderFi" or the "Company") a global leader in centralized and decentralized financial services and products, is pleased to announce the official launch of WonderFi subsidiary Bitbuy APAC ("Bitbuy") in the ...

Group 1 - WOOFi is strategically targeting the Asia Pacific region for its next hypergrowth phase, sponsoring the Web3 Builders Breakfast at GM Vietnam 2024 to connect with Web3 builders and innovators [1] - The approval of spot BTC ETFs in Asia and anticipated ETH ETFs are expected to attract a broader range of investors, enhancing digital asset payments in the APAC region [1] - WOOFi has over $14 billion in cumulative trading volume and more than 250,000 monthly active users, supporting 11 blockchains and offering various products including earn vaults and perpetual futures [3] Group 2 - WOOFi has ventured into AI by integrating Kvants, a leading AI and machine learning platform, to improve trading efficiency and provide advanced analytical tools [2] - WOOFi Pro is an omnichain gasless Central Limit Order Book (CLOB) protocol offering up to 20x leverage, designed to provide a seamless user experience while maintaining self-custody of funds [4] - The integration of WOOFi Pro with the CryptoCurrency eXchange Trading (CCXT) Library enhances trading efficiency and market engagement for users [2]