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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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World’s 1st Flashlight Experience Store Kicks Off in Las Vegas

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LAS VEGAS, Sept. 15, 2024 /PRNewswire/ — Olight, a brand committed to becoming a global leader in mid-to-high-end flashlights, opened the world’s first flashlight experience store at Fashion Show Las Vegas. On the same day, it hosted a major new product launch event and a fan festival for its loyal customers.

A Retail Revolution
The store adopts an advanced digital retail model that seamlessly integrates online and offline channels. Leveraging cloud computing, big data, IoT, and other cutting-edge technologies, Olight has created a unified system for warehousing, logistics, supply chain management, and retail. This enhances operational efficiency and allows consumers to order online and pick up in-store, offering a more convenient and efficient shopping experience.
“Olight has consistently focused on the U.S. market and achieved outstanding results online. We want our first experience store to not only showcase our products but also serve as a bridge between the online and offline, connecting our brand with our customers,” said Mavis Xiao, CMO of Olight.
New Product Launches
Olight unveiled five new products at the event: Arkfeld Ultra, Baton Turbo, Perun 3, Sphere, and the Arkfeld Pro (Paw Edition). The Arkfeld Ultra uses a new aluminum material, making it one of the toughest and most scratch-resistant flashlights in the world. Olight also used this material to create a special gift for each audience member.
With the release of the Arkfeld Pro (Paw Edition), Olight announced an animal charity project in 13 countries, dedicated to supporting animal welfare for at least two years. For every Arkfeld Pro (Paw Edition) sold, Olight will donate $5 to local animal charities. This initiative aims to raise funds for animal protection and increase social awareness and action.
O-Fan Day: Celebrating the Community
O-Fan Day was a fan festival where Olight expressed its appreciation to the O-Fans, whom Olight believes are the driving force behind the brand’s growth. Olight held a fan award ceremony to recognize fans who have made outstanding contributions to supporting and promoting the brand. Over 200 O-Fans attended the festival, celebrating with Olight’s management, R&D teams, and more.
The Olight Fall Event 2024 was the brand’s most important event of the year. As a brand dedicated to establishing itself as a global leader in flashlights, Olight is bold in breaking the mold. This Fall Event demonstrated Olight’s determination to redefine the flashlight industry through innovation and to promote the development of the entire industry.
About Olight: 
Olight is committed to becoming a global leader in mid-to-high-end flashlights and driving the industry forward. Its diverse product range caters to various scenarios, from everyday carry to outdoor adventures, and is available across Europe, the Americas, and beyond.
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Global AI Summit Calls for Global Action to Guarantee AI Innovation is for the “Good of Humanity”

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RIYADH, Saudi Arabia, Sept. 14, 2024 /PRNewswire/ — The Global AI Summit (GAIN) in Riyadh concluded on a high, after the summit welcomed more than 30,000 delegates from across the globe over three days. The live stream of the summit, organized by the Saudi Data and AI Authority (SDAIA), received 3.7m views.

Building on the success of previous editions, GAIN 2024 featured more than 450 speakers from 100 countries, participating in 150 sessions. It also witnessed over 25 launches and announcements, and facilitated the signing of over 80 agreements and Memoranda of Understanding (MoUs).
The summit has grown exponentially since its inception in 2020. Its growing prominence reflects the Kingdom of Saudi Arabia’s role in advancing AI capabilities as it positions itself as a global leader in this space.
The key output from the summit was the need for governments and policy makers to take global action to ensure that AI technology evolves for the good of humanity. Central to responsible evolution is an ethical framework and robust governance.
To support the advancement of AI ethics and governance, SDAIA announced the Riyadh Charter of Artificial Intelligence for the Islamic World in collaboration with the Islamic World Educational, Scientific, and Cultural Organization (ICESCO). This promotes ethical AI grounded in Islamic values and principles, as well as sustainable development through international cooperation.
SDAIA has played a pivotal role in forging key collaborations to strengthen local and regional AI solutions, signing MoUs with Microsoft Arabia to develop Arabic language models, IBM for a Center of Excellence in Generative AI technologies, and NVIDIA to scale AI infrastructure across the Kingdom.
The summit also marked several major milestones. Alongside the unveiling of ALLaM, the world’s most advanced Arabic Language Model, other diverse initiatives such as the Global AI Community, the THAKAI Platform, and guidelines for addressing deepfake technology.
Furthermore, the launch of the Generative AI Center of Excellence by the Digital Cooperation Organization (DCO), the agreement to open an International Center for AI Research and Ethics (ICAIRE) as a UNESCO Category 2 Center, further underscored the impact of GAIN 2024.
The summit itself provided the platform for companies from all over the world to showcase the latest AI technologies and innovations, including AI generated avatars, AI generated artwork, and even Robotic bar staff serving beverages.
The summit closed with an inspirational speech from the Director of Saudi Arabia’s National Information Center, His Excellency Dr. Esam Alwagait, in which he thanked participants:
“Your candid perspectives have not only inspired us with the vision of what lies ahead, but have also grounded us in the realities we must face. Together, we have not only imagined the future of AI, but have also made it real by addressing the challenges and identifying the enablers needed to truly unlock its potential.”
He added:
“It has been incredibly inspiring to see the world come together here in Riyadh, united by momentum to make AI work for everyone. The commitment to collaborative action has been evident throughout the summit.” 
The success of GAIN 2024 ensures that the Kingdom’s AI infrastructure will be significantly strengthened and has cemented Saudi Arabia position at the center of global AI.
[email protected]
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Akuvox S567G Smart Indoor Monitor Has Received Google Mobile Service Certification

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XIAMEN, China, Sept. 13, 2024 /PRNewswire/ — Akuvox has announced its S567G, an indoor monitor powered by Android™, to have received Google GMS certification. This certification ensures full support for Google Services, allowing users to download and update apps directly from the Google Play Store, including smart home control apps. It also enhances system security, protecting against malware and unauthorized access.

GMS certification involves comprehensive testing and approval by Google or a designated 3PL lab, validating security and compatibility to ensure seamless integration within the Android ecosystem. Receiving GMS certification underscores Akuvox’s leadership in the smart intercom industry. Building on its legacy as the pioneer of Android smart intercoms, Akuvox continues to elevate its Android systems with Google’s rigorous certification, offering clients flexible and sophisticated smart intercom solutions. 
The S567G’s GMS certification ensures flawless operation with key Google apps like Chrome, Gmail, YouTube, Maps, and the Play Store. Edward Shi, Product Manager of the S567G, notes, “The positive feedback we’ve received from clients, even during testing, confirms that this device is transforming daily life. It’s more than just an intercom — it’s a versatile tool, even capable of functioning as a small TV. Our team has worked tirelessly to meet the highest standards, and I’m excited to see how it enhances smart living for our users.”
The S567G’s features extend beyond intercom functionality. With four HD speakers and a 1280 x 800 IPS LCD screen, it offers an exceptional audio-visual experience, redefining the concept of an indoor monitor. Whether for entertainment or smart home control, the S567G stands out as a versatile wall-mounted tablet, bringing innovation to every interaction.
About Akuvox
Akuvox is a global leading provider of smart intercom and smart home products and solutions. It is committed to unleashing the power of technology to improve people’s lives with better communication, greater security, and more convenience. Encompassing artificial intelligence, SIP, Android, cloud, security, and other advanced technologies, Akuvox continuously drives breakthrough changes in the industry and creatively delivers an unrivaled portfolio of smart intercom and smart home products and solutions. It has been deployed and used daily in more than 110 countries and regions, meeting customer needs in various vertical markets that range from residential to commercial, from healthcare to public safety.
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