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Balbix Named a Representative Vendor in Three Gartner® Hype Cycle™ reports

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Recognized in both Exposure Assessment Platforms and Cyber Risk Quantification Categories
SAN FRANCISCO, Aug. 15, 2024 /PRNewswire/ — Balbix, an AI-powered Cyber Risk and Exposure Management platform, today announced its recognition as a representative vendor in three key 2024 Gartner Hype Cycle reports, including the newly created Exposure Assessment Platforms (EAPs) and Cyber Risk Quantification (CRQ) innovation profiles.

This is a strong testament to Balbix’s strategy for reducing and burning risk. The approach focuses on minimizing exposure and vulnerabilities across assets, applications, and users. Traditional vulnerability management tools are no longer adequate for this objective. Security leaders now seek solutions that not only patch vulnerabilities but also identify all exposures and prioritize them based on their impact on the business.
We are proud to have been identified by Gartner as a Representative Vendor in the Hype Cycle reports for Security Operations and Managing Operational Technology in the EAP category and the Cyber-Risk Management report for the CRQ category,” stated Gaurav Banga. Balbix goes beyond visibility to offer a solution that leverages risk-based prioritization, reducing IT workloads by up to 90% while enabling customers to burn down their cyber risk quickly. Additionally, Balbix is the only solution that can help CISOs quantify risk in dollars, allowing  them to justify their budget and demonstrate  the success of current security programs.”
Balbix distinguishes itself from other EAP platforms by leveraging cutting-edge AI models and algorithms. This includes:
Comprehensive Visibility: Balbix ingests data across multiple tools and environments, providing deep insights into exposures such as vulnerabilities, misconfigurations, and application risks. By leveraging large language models (LLMs), Balbix identifies significantly more vulnerabilities than traditional methods, ensuring a complete view of an organization’s attack surface.Risk-Based Prioritization: Balbix employs a sophisticated prioritization model that considers severity, threat intelligence, exploitation/accessibility, control effectiveness, and business impact. This approach enables security and IT teams to focus on the most pressing risks.GenAI-Powered Mobilization: Balbix supports a robust stack of capabilities for mobilizing vulnerabilities and exposures, including cyber risk quantification for better alignment, next best steps calculations (driven by Shapely econometric models) that are automatically dispatched into projects and tickets, risk org chart maintenance, automated workflows, exposure mitigation analytics, and integrations with SOAR and remediation tools.With its GenAI-powered assistant, BIX, Balbix streamlines the communication and execution of remediation actions. BIX adapts its responses to the needs of different roles, ensuring that everyone, from CISOs to IT staff, receives the information they need in a format they can act on.
As the demand for EAPs and CRQ grows, Balbix remains at the forefront of risk and exposure management. Visit balbix.com for more information on Balbix’s recognition in the Gartner Hype Cycles and to explore its platform’s capabilities.
Gartner disclaimers:
Gartner, Hype Cycle for Security Operations, 2024, 29 July 2024, Jonathan Nunez, Andrew Davies
Gartner, Hype Cycle for Cyber-Risk Management, 2024, 22 July 2024, Michael Kranawetter, Jie Zhang, Pedro Pablo Perea de Duenas
Gartner, Hype Cycle for Managing Operational Technology, 2024, 5 August 2024, Kristian Steenstrup, Jo-Ann Clynch
About Balbix
Balbix is revolutionizing cyber risk management by providing businesses with the tools to effectively identify, prioritize, and mitigate their most critical security exposures. By integrating data from across the organization and leveraging advanced AI technologies, Balbix offers a unified platform for exposure assessment and risk quantification. Fortune 500 companies trust Balbix to protect their operations and ensure compliance in an ever-evolving threat landscape. Balbix was recognized in Forbes America’s Best Startup Employers 2024 by CNBC in their 2022 Top 25 Startups for the Enterprise and ranked #32 on the 2021 Deloitte Fast 500 North America.

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NewPhotonics Introduces NPG102 Transmitter-on-Chip for DSP-based Optical Modules Serving 1.6 Tbps AI-era Data Center Interconnect

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Optical head transmitter with integrated lasers enables all-optics transceiver innovation in network and compute infrastructure
TEL AVIV, Israel, Sept. 19, 2024 /PRNewswire/ — NewPhotonics Ltd., a leader in advanced integrated photonics technologies, today introduced its NPG102 PIC transmitter on chip (TOC) at1.6Tbps for DSP-based optical transceiver modules.  The NPG102 TOC delivers low latency data communications at low power consumption and reduced channel loss to meet the increasing AI-cluster processing demands on data center infrastructure.

The optimized flip-chip integrates octal channel, auto-tunable lasers and 224Gbps PAM4 modulation featuring aggregated bandwidth at 1.6Tbps with electrical to optical transmission. Internal ADC/DAC supports channel control and monitoring in a package with on-chip temperature monitoring at low 2.9W power consumption.
Integrated Lasers Improve Module Time to Market
Designed for pluggable OSFP modules, the monolithically integrated lasers and modulators improve system integration with wafer-level laser alignment and integrated direct modulation. This additional advantage of all-optics innovation in the transceiver chip design results in accelerated OEM manufacturing yield maturity and time to market for transceiver module delivery.
“As data centers worldwide strive to accelerate infrastructure improvements that enhance AI workload performance, the entire value chain is seeking progressive solutions that deliver faster and more energy efficient data processing.” said Doron Tal, senior vice president and general manager of Optical Connectivity. “Our all-optics innovation roadmap for the NPG102 for 1.6Tbps DSP-based modules puts data centers on a path in this decade to deliver higher capacity, low power optical connectivity.”
The NewPhotonics NPG102 PIC transmitter-on-chip for DSP-based transceiver module sampling will be available in Q2 2025.
About NewPhotonics
NewPhotonics is a fabless semiconductor designs, develops and manufactures photonic integrated circuit (PIC) solutions for AI-era data center optical communications. Our integrated NPG102 PIC transmitter on chip family delivers low latency, reduced power in optical transceiver modules for all-optics connectivity. The company’s silicon photonics innovations breakthrough speed, energy and distance barriers in optical I/O in a new all-optics paradigm. NewPhotonics, based in Tel Aviv, Israel, is privately held and funded. For more information visit www.newphotonics.com 
Press Contact:
Corporate [email protected]+972 3 614-3147
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Artificial Intelligence

Royal Meteorological Society’s Public Vote opens for 2024 ‘Standard Chartered Weather Photographer of the Year’ Award

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LONDON, Sept. 19, 2024 /PRNewswire/ — The public vote for the Standard Chartered Weather Photographer of the Year 2024 is now open. From 19 September to 17 October, individuals can vote for their favourite image from a shortlist showcasing the world’s most striking weather and climate photography.

Now in its ninth year, the competition, organised by the UK’s Royal Meteorological Society, serves as an international platform to raise awareness of the environmental issues putting our planet at risk—including heatwaves, cyclones, and extreme flooding—while also depicting the awe-inspiring beauty and power of the weather.
With the introduction of the Standard Chartered Climate Award in 2024, the competition attracted thousands of entries from photographers of all ages and skill levels worldwide. Many participants were eager to document the human impacts of extreme weather events such as floods, droughts, and wildfires.
The shortlist gallery for the public vote is available on the Royal Meteorological Society’s website, featuring 25 outstanding weather and climate photographs.
Highlights include a Saharan dust storm; an ice halo, rare red sprite lightning; and sublime landscapes blanketed in hoarfrost. The shortlist gallery also provides insights into the science behind the weather phenomena and the stories behind the images—as well as the photographers’ adventures and the techniques used to capture them.
View the shortlist and vote for your favourite.
Competition Timeline
Public Vote Open: 19 September (07:00 BST) – 17 October (23:59 BST)
Winners’ Announcement: 30 October 2024
Professor Liz Bentley, Chief Executive of the Royal Meteorological Society, commented:
“In my nine years judging this competition, I always see something new and astonishing. This year’s entrants have highlighted those regions of the world facing the worst impacts of climate change, but they also bring home the message that climate change is affecting the weather patterns of the more temperate climates and the most comfortable of societies too. We need to galvanise and act now to make change happen.”
Marisa Drew, Chief Sustainability Officer at Standard Chartered, commented: 
“In the second year of our sponsorship, I am once again struck by the photography surfaced in the shortlist, which showcases the impacts of our changing climate on communities and our natural environment. With winners announced next month, I look forward to seeing which photograph wins our new Climate Award, introduced this year to bring greater awareness to the importance of climate mitigation and adaptation. Good luck to everyone on the shortlist.”
Read Notes to Editors
Download high-res or low-res images, captions and image copyright attribution here.
 
 

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Artificial Intelligence

XRP Healthcare Magazine Unveils Groundbreaking AI Development in 4th Issue, Featuring Elon Musk

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DUBAI, UAE, Sept. 19, 2024 /PRNewswire/ — The highly anticipated fourth edition of XRP Healthcare Magazine has arrived, featuring an exciting and innovative update on XRP Healthcare’s rapid progress in artificial intelligence (AI). Despite being less than two years old, the company continues to make incredible strides in healthcare innovation. This issue highlights the launch of the XRPH AI chatbot—a multi-lingual digital assistant designed to deliver personalized health advice that spans traditional, holistic, and conventional treatments. Available at www.xrph.ai, the chatbot offers country and region-specific insights, tailored to users’ unique medical needs.

 
 
The XRPH AI chatbot stands out for its ability to generate custom personal training programs based on users’ weight, height, ethnicity, injuries, and diet preferences. It also provides advice on meditation techniques, nutrition, and cutting-edge treatments for terminal illnesses, such as cancer. XRP Healthcare has a dedicated AI development team continuously working to evolve the chatbot, with more innovations planned for release later this quarter.
Chairman Whitney Lynn commented, “The XRPH AI chatbot is a significant breakthrough in personalized healthcare. We’re blending modern AI technology with holistic medical wisdom to create an intuitive tool that is accessible to users around the globe.”
As part of the magazine’s main feature, it also explores Elon Musk’s game-changing investments in AI, which are revolutionizing healthcare through projects like Neuralink. Musk’s advancements are pushing the boundaries of medical diagnostics and treatment, fostering healthy competition in the AI sector and driving the next golden age of innovation.
CEO Kain Roomes added, “The incredible progress we’ve made since inception is a testament to our vision and dedication. Our AI chatbot is just the beginning, and with our dedicated team, we are constantly looking for new ways to improve healthcare experiences.”
Keith Errey, CTO of XRP Healthcare and founder of Isansys Lifecare, also plays a key role in the company’s AI-driven approach. His previous work at Isansys Lifecare involved a groundbreaking partnership with The Birmingham Women’s and Children’s NHS Foundation Trust, where they deployed the Patient Status Engine—a state-of-the-art monitoring platform that detects early signs of patient deterioration, enabling faster and more effective care. Speaking at the Thames Valley Chamber of Commerce International Technology Conference earlier this year, Keith emphasized the pivotal role of AI in healthcare: “The big win in AI will be organizational efficiency. That for the NHS has to be the way forward.” His expertise continues to shape XRP Healthcare’s AI innovations.
The fourth issue of XRP Healthcare Magazine also features Chantelle Gosling-Udonwa, founder of a revolutionary, eco-friendly children’s toy company, and Sam Desalu, founder of the Cornerstone Foundation, which is rekindling hope in Africa through grassroots healthcare initiatives. Additionally, the magazine celebrates the Top 10 female CEOs in Africa and explores Donald Trump’s political future and its potential impact on healthcare and cryptocurrency.
Free physical copies of the magazine can be ordered from www.xrphealthcare.ai (postage costs apply) or downloaded from ISSUU here. With XRP Healthcare’s rapid progress and exciting updates expected later this quarter, this issue is a must-read for anyone interested in the future of AI and healthcare.
About XRP Healthcare:XRP Healthcare is revolutionizing global healthcare with blockchain & AI. As the first Pharma and Healthcare platform built on the XRP Ledger, our Prescription Savings Card in the USA enhances accessibility and affordability. Meanwhile, our mergers and acquisitions in Africa are broadening healthcare access across the continent.
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