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Cross-examining cybercrime: GITEX GLOBAL 2024 sheds light on the innovation-igniting conundrum challenging industries worldwide

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–  “Cybersecurity Day” marks GITEX GLOBAL’s halfway stage as enlightening agenda reveals the challenges, threats and opportunities for international tech community
–  “AI is changing the game” – H.E. Dr. Mohamed Al Kuwaiti, Head of Cybersecurity for the UAE Government
DUBAI, UAE, Oct. 16, 2024 /PRNewswire/ — After an action-packed two days where GITEX GLOBAL 2024 presented exhilarating events and exhibitions across technology’s new frontiers, Wednesday witnessed another incredible programme as audiences examined the existing and future cybersecurity landscapes with the world’s foremost experts. 

Taking place from 14-18 October at Dubai World Trade Centre (DWTC), GITEX GLOBAL is the world’s largest and best-rated tech event. It presents a record-breaking 44th edition in 2024 – welcoming over 6,500 exhibitors, 1,800 startups, 1,200 investors alongside governments from more than 180 countries.
As GITEX GLOBAL’s biggest-ever international edition reached the halfway stage, “Cybersecurity Day” headlined the Wednesday schedule. An enlightening series of keynote speeches, fireside chats, and specialist panels cast a unique spotlight on the urgent challenges, emerging threats, and innovative opportunities facing individuals, enterprises, industries, and nations worldwide.
Cross-examining the cybercrime conundrum
With global cybercrime damaged projected to reach $10.5 trillion annually by 2025, the international tech community is determined to ignite a paradigm shift through reinvigorated determination. This universal attitude was on full display at GITEX GLOBAL as top CISOs, CIOs, and GRC leaders converged with a unified mission: establish the foremost line of defence globally.
In 2024, finance industry AI-driven fraud has surged by 40%, posing unprecedented challenges for incumbents. One of Wednesday’s must-attend conference sessions – ‘AI-Driven Digital Fraud: Safeguarding the Finance Industry’s Future’ – examined how emerging technologies are being harnessed to overcome the evolving threat.  
H.E. Dr. Mohamed Al Kuwaiti, Head of Cybersecurity for the UAE Government, revealed that the country has dispelled millions of threats this year alone while endorsing AI as a “gamechanger” in leading the industry’s cyber resurgence. He said to GITEX Tech Waves Podcast: “Cyber awareness is crucial – and AI is changing the game. The UAE is a financial hub that faced 71 million attacks in Q1 2024. We are resilient and thwarted these with early threat detection through AI. It’s a hugely beneficial technology alongside our great partnerships with the world.”
Todd Conklin also weighed in on the positive impact of AI. While acknowledging the potential repercussions of AI’s power when utilised by malicious actors, the Chief AI Officer & Deputy Assistant Secretary, Cybersecurity & Critical Infrastructure Protection at the US Department of the Treasury, added: “The US Treasury runs the largest payments ecosystem in the entire world. We’ve leveraged AI models to reduce fraud by almost $600 million in the last six months. It’s becoming increasingly critical in the counter-fraud space.”
Unveiling a new world of limitless possibilities and potential
In a week where 88% of exhibiting startups are GITEX GLOBAL debutants and no fewer than 230 new partnerships have been finalised between local, regional, and international entities and enterprises, the event is again fulfilling its pledge as a global cooperation and collaboration catalyst. Heading into Wednesday, over 13,000 pre-arranged concierge meetings had already taken place across GITEX GLOBAL and Expand North Star – the world’s largest startup and investment event – with many more a certainty as companies exhibit transformative solutions that could change the world.
Huawei shed light on its critical infrastructure and cloud tech solutions with Dr. Aloysius Cheang, Chief Security Officer for the Middle East & Central Asia at Huawei, revealing the staggering rate of cyber attacks worldwide. While calling on enterprises to ensure stringent security postures, he said: “Huawei is attacked 12 billion times a day on average. This is why cybersecurity is positioned as a very strategic asset within our company. Organisations must build a cybersecurity culture through a security-first, privacy-first approach – and their solutions must serve their purpose of protecting digital assets.”
Cybersecurity and anti-virus provider Kaspersky also showcased its pioneering Cyber Immunity approach and advanced threat intelligence solutions on Wednesday as US cyber firm Fortinet highlighted products and services part of its cybersecurity platform portfolio. solutions by stc also introduced visitors to the emerging technologies utilised to deliver new value to customers.
Elsewhere on day three at GITEX Global 2024, a host of activations, showcases, and conferences took place at GITEX Cyber Valley, this year’s most anticipated cybersecurity exhibition and programme hosted by the UAE Cyber Security Council. An unmissable session saw audiences hear from Brett Johnson – once America’s Most Wanted, now a leading global cybercrime and identity theft expert. During ‘Scamming the scammer: Inside the Mind of a Cybercriminal’, he revealed the extent of the virtual underworld while sharing his life story.
Live Hacks also headlined the GITEX Cyber Valley’s Dark Stage as ethical hackers showcased live demonstrations on AI-powered hacks. Visitors also got exclusive insights from Santiago Lopez, the world’s first million-dollar hacker, on how to turn hacking skills into a lucrative career during another special session – ‘Face to Face with 1# Million Dollar Hacker: Who wants to be a hacking millionaire?’.
What next at GITEX GLOBAL 2024?
GITEX GLOBAL 2024 continues Thursday as “Data Centres Universe” welcomes an ensemble cast of thought leaders and experts to discuss the future of data management and infrastructure. Sessions throughout the day’s schedule will explore the latest data technology and sustainable energy solutions alongside data centres’ pivotal role in supporting the exponential growth of digital services.
Future Mobility will explore the shifting paradigms of the global auto tech industry with the World Future Economy Digital Leaders Summit and Global DevSlam among the many day four highlights.
More information on GITEX GLOBAL, please visit www.gitex.com
Follow GITEX GLOBAL on social media: Facebook  |Instagram  |X  |LinkedIn  |Youtube
Hashtag: #GITEXGLOBAL
About GITEX GLOBAL
GITEX GLOBAL, the world’s largest tech event, is returning for its 44th edition at Dubai World Trade Centre from 14-18 October 2024. The 2024 edition will feature 6,500 exhibitors, and welcome 200,000 tech executives from 180 countries, converging the best minds, future-focused government leaders, and the most visionary enterprises and start-ups to scrutinise, challenge, define, and empower the digital agendas of the world. Independently rated globally as the world’s best tech show, GITEX GLOBAL’s continued expansion is amplified by the launch of GITEX EUROPE Berlin, GITEX ASIA Singapore, and GITEX NIGERIA in 2025, as well as the growth of GITEX AFRICA Morocco leading up to its third record-breaking edition. More information: www.gitex.com
About Dubai World Trade Centre
A global business facilitator since 1979, Dubai World Trade Centre (DWTC) is home to the region’s leading purpose-built convention and exhibition centre. DWTC provides a platform for connecting people, products, innovation and ideas from around the world through a dynamic calendar of international trade exhibitions and its own roster of sector leading mega events. As a designated free zone, complemented by award-winning commercial real estate, DWTC plays an integral role in Dubai and the region’s growth story. Since its inauguration, DWTC has hosted over 6,000 events, with an estimated economic output of AED 248 billion, attracting over 38 million business visitors to Dubai.
Photo – https://mma.prnewswire.com/media/2532902/GITEX_GLOBAL_2024.jpg

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Sinopec at World Media Summit: Advocating for AI’s Role in Media and Global Development

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URUMQI, China, Oct. 16, 2024 /PRNewswire/ — The 6th World Media Summit, themed “Artificial Intelligence and Media Transformation,” began its sessions in Urumqi on October 14th, hosted by Xinhua News Agency and the People’s Government of Xinjiang Uygur Autonomous Region. Sinopec Corp. Director Zhong Ren addressed the opening, focusing on the transformative potential of media in bridging global divides. 

At the World Media Summit, Mr. Zhong highlighted the crucial role of media cooperation in fostering global understanding and people-to-people bonds. He pointed out that the summit overcomes geographical, cultural, and ideological barriers, providing a significant venue for media organizations worldwide to forge connections. The event is designed to leverage media influence to better humanity’s future. Mr. Ren affirmed SINOPEC’s dedication to this cause, looking forward to enhancing collaboration with media organizations and other societal sectors to advance global human progress.  
Mr. Zhong described SINOPEC’s dedication to the principles of “clean energy and beautiful life” as part of its strategy as a responsible global corporation. He emphasized the company’s efforts to contribute to a future marked by peace, prosperity, openness, and innovation. In recent developments, SINOPEC has established 16 intelligent refineries and petrochemical plants, focusing on intelligent manufacturing to drive transformation. Additionally, the company has achieved recognition with six of its business units cited by the Chinese government as production facilities that have successfully implemented 5G technologies across their operations (a “National 5G factory”) and ten as national intelligent manufacturing demonstration factories. 
SINOPEC is deeply engaged in green and low-carbon development initiatives. The company’s Tahe Refining and Chemical Cotton Field Agricultural Film Recovery and Recycling Project in Xinjiang is noted as China’s first large-scale continuous waste plastic pyrolysis demonstration project. The groundbreaking 10,000-ton facility is on track to be completed within the year, marking a significant advancement in industrial recycling techniques. Additionally, SINOPEC has established the first 10,000-ton green hydrogen facility powered by renewable electricity in Kuqa. The facility is already operational and capable of reducing annual carbon emissions by 485,000 tons—comparable to the environmental impact of planting 300,000 trees. Mr. Zhong has invited journalists to tour the facilities and see for themselves SINOPEC’s commitment to environmental sustainability. 
In his remarks, Mr. Zhong emphasized the profound influence of technological revolutions on economic and societal progress, with particular attention to the role of emerging technologies such as AI. He advocated for the media and industrial sectors to embrace innovation for enhanced efficiency. SINOPEC is championing the adoption of renewable energy technologies such as wind, solar, geothermal, and hydrogen to drive industrial innovation and improve productivity. The company is also enhancing its integration into the global economy through deepened collaborations with international media and leading think tanks, striving to build a robust international communication network that supports global cultural exchanges.
This year’s WMS took place in Beijing and Xinjiang from October 12 to 17. The summit brought together over 500 representatives from 208 media organizations, government agencies, and international entities from 106 countries and regions. Participants engaged in in-depth discussions on topics of shared interest, including the application of AI in media, the common mission of news media organizations in the digital era, and the high-level openness and quality-driven development in Xinjiang, China.
Photo – https://mma.prnewswire.com/media/2532924/image_5004149_5616459.jpg

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Accelerating AI advancement: Abu Dhabi’s innovation champions & tech pioneers shine bright at GITEX GLOBAL 2024

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Abu Dhabi Government’s AI-driven knowledge app and Abu Dhabi Police’s autonomous 4×4 bulletproof patrol vehicle among the latest innovations launchedDUBAI, UAE, Oct. 16, 2024 /PRNewswire/ — Abu Dhabi’s innovation champions and tech pioneers exhibited the brand-new services and solutions destined to reshape the future at GITEX GLOBAL 2024. As the Emirate consolidates its global leadership position in the emerging AI economy, some of the UAE capital’s proudest companies showcased a plethora of AI-based advancements designed to drive digital transformation across the nation and beyond.

Taking place from 14-18 October at Dubai World Trade Centre (DWTC), GITEX GLOBAL is the world’s largest and best-rated tech event. It presents a record-breaking 44th edition in 2024 – welcoming over 6,500 exhibitors, 1,800 startups, 1,200 investors alongside governments from more than 180 countries. 
Wednesday saw tens of thousands of visitors examine first-hand how Abu Dhabi charting a course to the future AI economy – with local enterprises and startups at the forefront of progression. In line with Abu Dhabi Economic Vision 2030 and the UAE National Strategy for AI 2031, the local tech community – home to over 400 specialist AI companies – illustrated its unwavering commitment to boosting AI-backed socio-economic development.
Department of Government Enablement – Abu Dhabi’s innovative products
The Abu Dhabi government showcased an innovative lineup of next-generation solutions, including GovGPT. Based on an AI-driven knowledge agent, GovGPT will assist Abu Dhabi government employees with access to various AI tools, guiding them towards governmental policies and essential information almost instantaneously.
Also unveiled was TAMM 3.0, an integrated platform offering a diverse range of AI-enabled government services alongside personalised experiences for users. Accompanied by over 800 seamless services, TAMM 3.0 powered by AI and features conversational voice capabilities, allowing users to interact through voice commands in Arabic and English.
Presenting next-gen police 4×4, autonomous racing car, and AI-assisted chest X-rays
Elsewhere, attendees witnessed the future of mobility as Abu Dhabi Police unveiled its autonomous 4×4 bulletproof patrol vehicle, the ‘Magnum MK1’. Boasting a 1.5 tonne payload capacity, this stylish car is designed for patrol, surveillance, and secure transport of detainees and can reach top speeds of 150km/h.
Among its standout features are advanced surveillance including 360-degree camera coverage, and a bespoke prisoner cell and monitoring system, showcasing a leap forward in digitalisation.
The Advanced Technology Research Council (ATRC) displayed its upgraded EAV24, next-generation autonomous race car, which will hit the iconic Yas Marina Circuit track in next April’s Abu Dhabi Autonomous Racing League, centred around AI innovation.
The model is made up of sustainable bio-composite materials and features a sleek design inspired by digital algorithms and AI-driven data patterns.
ATRC also owns VentureOne, the dynamic commercialization arm, turning applied research from the Technology Innovation Institute (TII) into game-changing commercial products and solutions that address industry challenges worldwide.
Reda Nidhakou, Acting CEO, VentureOne, said: “VentureOne is dedicated to bringing the Technology Innovation Institute’s groundbreaking tech to market through ambitious tech ventures — from research to reality, and from Abu Dhabi to the world. At GITEX, we showcased AI71, a venture that develops enterprise AI solutions powered by open-source AI models with a focus on TII’s Falcon. We’ll be announcing three more exciting ventures in the coming months — we look forward to putting the power of AI, post-quantum cybersecurity, and autonomous robotics into the hands of as many people as possible.”
It comes at a time where TII is driving generative AI with the Falcon 180B one of its super-powerful large language models, which is at the top of the Hugging Face Leaderboard for pre-trained open Large Language Models (LLM).
Meanwhile, Capital Health Screening Centre backed by M42, an Abu Dhabi head-quartered global tech-enabled health powerhouse announced at GITEX GLOBAL they will perform
2,000 AI-assisted chest X-rays to screen for TB – a 10-fold increase compared with traditional methods.
As the world’s largest and best-rated tech event, GITEX GLOBAL 2024 is opening new opportunities for enterprises and governments to forge new partnerships and embark on future-focused tech projects across key industries.
GITEX GLOBAL is seamlessly connecting the world’s largest network of tech events with a stellar list including GITEX EUROPE Berlin, GITEX ASIA Singapore, GITEX AFRICA Morocco, and GITEX NIGERIA. These events are fostering global collaboration and cross-continental innovation to shape the tech landscape of tomorrow.
More information on GITEX GLOBAL, please visit www.gitex.com
Follow GITEX GLOBAL on social media: Facebook  |Instagram  |X  |LinkedIn  |Youtube
Hashtag: #GITEXGLOBAL
About GITEX GLOBAL
GITEX GLOBAL, the world’s largest tech event, is returning for its 44th edition at Dubai World Trade Centre from 14-18 October 2024. The 2024 edition will feature 6,500 exhibitors, and welcome 200,000 tech executives from 180 countries, converging the best minds, future-focused government leaders, and the most visionary enterprises and start-ups to scrutinise, challenge, define, and empower the digital agendas of the world. Independently rated globally as the world’s best tech show, GITEX GLOBAL’s continued expansion is amplified by the launch of GITEX EUROPE Berlin, GITEX ASIA Singapore, and GITEX NIGERIA in 2025, as well as the growth of GITEX AFRICA Morocco leading up to its third record-breaking edition. More information: www.gitex.com
About Dubai World Trade Centre
A global business facilitator since 1979, Dubai World Trade Centre (DWTC) is home to the region’s leading purpose-built convention and exhibition centre. DWTC provides a platform for connecting people, products, innovation and ideas from around the world through a dynamic calendar of international trade exhibitions and its own roster of sector leading mega events. As a designated free zone, complemented by award-winning commercial real estate, DWTC plays an integral role in Dubai and the region’s growth story. Since its inauguration, DWTC has hosted over 6,000 events, with an estimated economic output of AED 248 billion, attracting over 38 million business visitors to Dubai.
Photo – https://mma.prnewswire.com/media/2532909/GITEX_GLOBAL_2024.jpg

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Presagen’s AI fertility product Life Whisperer acquired by Astec

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ADELAIDE, Australia, Oct. 16, 2024 /PRNewswire/ — Astec, a global manufacturer of medical equipment for assisted reproduction, has acquired Presagen’s fertility product Life Whisperer, a non-invasive and rapid embryo and egg (oocyte) assessment tool designed to improve pregnancy outcomes for IVF patients.

Life Whisperer comprises three AI algorithms. Life Whisperer Viability assesses images of embryos to determine the likelihood that the embryo will lead to a pregnancy. Life Whisperer Genetics evaluates an embryo’s morphological quality and its likelihood of being genetically normal (euploid). Life Whisperer Oocyte evaluates images of oocytes (single or group culture) to determine how likely the oocytes are to form a good quality embryo, or blastocyst. Multiple international studies have shown Life Whisperer can improve pregnancy and live birth outcomes.[1]
The acquisition by Astec, with their strong global distribution network in the fertility sector, will accelerate the proliferation of this promising AI technology into IVF labs around the world. Astec also intends to make Life Whisperer a key feature of its embryo incubator product range.
Takeo Cho, Deputy CEO of Astec said “We are excited to incorporate Life Whisperer in our product range to further our mission of supporting the assisted reproductive industry globally. We believe AI will be a core feature of every IVF lab in the future and we are delighted to offer our customers one of the most advanced and validated products in the market.”
Astec is already offering Life Whisperer to its customers in Japan and Indonesia and will commence its global rollout to make Life Whisperer available in other countries.
[1] Diakiw et al, 2022. An artificial intelligence model correlated with morphological and genetic features of blastocyst quality improves ranking of viable embryos. RBMO, 5(6):1105-1117.
Life Whisperer
Life Whisperer is a world-leader in the application of AI in IVF. The Life Whisperer Viability and Genetics AI-based embryo and Life Whisperer Oocyte assessment tools are the first to be commercialized in a series of applications that encompass the complete IVF journey. Life Whisperer aims to improve IVF success rates at every point and, as a result, reduce time-to-pregnancy, making IVF more affordable and accessible to patients globally. Life Whisperer is being used in IVF clinics around the world.

View original content:https://www.prnewswire.co.uk/news-releases/presagens-ai-fertility-product-life-whisperer-acquired-by-astec-302277209.html

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