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Artificial Intelligence

Cybeats Addresses Recent ‘3CX’ Cyberattack and Highlights Government Agencies’ Support for SBOMs

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Cybeats Technologies Corp. (“Cybeats” or the “Company”) (CSE: CYBT) (OTCQB: CYBCF) highlights the challenges faced by nations in securing their infrastructure, particularly in the context of increasing software supply chain threats. The recent 3CX cyberattack carried out by North Korea nation state-backed hackers has public and private stakeholders calling for increased supply chain transparency.

In line with the tone set by the Cyber Executive Order (EO) 14028 from 20211, government agencies around the world are recognizing Software Bills of Materials (SBOM) as a required baseline to ensure security in software acquisition, market access and risk management processes. The recently released U.S. National Cyber Strategy (NCS) builds on SBOM efforts in the Cyber EO calling on U.S. Congress to change market incentives and establish liability for software products and services, and expand SBOM requirements. Cybeats is currently engaged with multiple government agencies responsible for safeguarding national security.

“Government agencies play an important role in ensuring that industry adopts standards of care for secure software development and maintenance of products and services, or face liability risks. As SBOM requirements become increasingly relevant to the government software procurement process, the private sector is rapidly embracing them as well. With the growing significance of SBOMs, organizations spanning diverse industries, such as finance, technology, industrial, medical, and automotive, are actively evaluating their Software Development Life Cycle and SBOM practices to meet the rising demand for SBOMs,” said Yoav Raiter, CEO of Cybeats.

3CX Software Supply Chain Attack

3CX has over 600,000 customers in 190 countries, representing over 12M users. Security firms have indicated that the 3CX hackers targeted both Windows and macOS users of the compromised 3CX softphone app. The malicious activity includes beaconing to actor-controlled infrastructure, deployment of second-stage payloads, and, in a small number of cases, hands-on-keyboard activity. Initial research indicates the number of potential victims is in the hundreds of thousands.

Cyberattacks like 3CX and SolarWinds have prompted governments globally to collaborate closely with public and private sector security experts and provide additional resources like guidance by the Cybersecurity and Infrastructure Security Agency (CISA) and other U.S. government agencies titled “Securing the Software Supply Chain”2 for software developers, suppliers and customers, to help ensure a more secure software supply chain. It is becoming imperative for organizations to consistently update their Software Development Life Cycle (SDLC), software and supply chain vulnerability, and risk management resources and practices. SBOM management aims to help mitigate potential vulnerabilities, maintain security and meet compliance requirements.

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1https://www.whitehouse.gov/briefing-room/presidential-actions/2021/05/12/executive-order-on-improving-the-nations-cybersecurity/ 

2https://www.cisa.gov/sites/default/files/publications/ESF_SECURING_THE_SOFTWARE_SUPPLY_CHAIN_DEVELOPERS.PDF. 2022 report by the Enduring Security Framework (ESF) Software Supply Chain Working Panel referencing NIST SP 800-218 and other secure software development and supply chain risk management guidance.

SBOM in Canadian Regulations – Bill C-26

Canada’s recent introduction of the C-26 legislation outlines the protection of critical cyber systems, laying the groundwork for improved software supply chain security, SBOM, and fostering a safer digital landscape. The Critical Cyber Systems Protection Act (CCSPA) aims to create a framework to protect critical cyber systems that support services vital to national security or public safety. The CCSPA seeks to ensure that risks to critical cyber systems are identified and managed, including risks associated with supply chains and the use of third-party products and services.3

This new Canadian legislation follows global trends, focusing on managing risks associated with supply chains and third-party products and services, ensuring that critical cyber systems remain protected from compromise and minimizing the impacts of cybersecurity incidents. Designated operators of these critical cyber systems will be required to establish and implement a cybersecurity program, mitigate supply-chain and third-party risks, and adhere to reporting and notification obligations in the event of a cybersecurity incident.

EU Cyber Resilience Act

Cybercrime costs reached $6 trillion in 2021, prompting the European Commission to propose the Cyber Resilience Act (CRA) to enhance software security. The CRA aims to hold manufacturers accountable for improving software security throughout the entire product life cycle and increase transparency into software vulnerabilities. A key strategy in the CRA is the implementation of Software Bill of Materials (SBOM) management, which tracks and shares metadata details of software components and supply chain relationships. Non-compliance with the CRA may lead to significant fines and reputational damage. As the CRA impacts software sold or used in Europe, adopting SBOM management now is crucial for future compliance and security.4

Artificial Intelligence

Synthetik Applied Technologies LLC announces development of UrbanScale – a modeling platform for the prediction, characterization, and quantification of extreme urban heat

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AUSTIN, Texas and LONDON, April 30, 2024 /PRNewswire/ — Synthetik Applied Technologies announces the development of UrbanScale, a tool to model and predict effects of extreme heat in urban areas, through a project funded by the National Oceanic and Atmospheric Association (NOAA). The physical characteristics of urban areas amplify heat effects resulting in what are known as urban heat islands — areas where surface temperatures are much higher than their surroundings. The UrbanScale tool addresses this climate peril with sophisticated analytic tools based on physics informed neural networks and cutting-edge machine learning to predict urban heat and help better understand and mitigate the risks associated with these extreme heat events. As a result of climate change, these events are expected to increase, impacting both the people that live in urban areas and the infrastructure on which they depend.

The UrbanScale platform shows significant promise to provide data on the severity of heat islands and their effects to better understand how they impact human health, energy use and damage to physical infrastructure. This information will provide a step-change in capability for government agencies, urban planners, and transportation authorities to direct efforts for mitigation and intervention. In particular, inclusion of demographic information into data pipelines will allow understanding of how urban heat effects may impact vulnerable or disadvantaged populations. Integration with climate forecasts and models will also provide unprecedented capabilities for forecasting risk associated with climate change.
Josh Hatfield, Director of Research and Development at Synthetik, said:
‘We are extremely grateful for the opportunity to study such an important issue. Extreme heat is already the largest cause of weather-related fatalities in the US, and climate change will only increase the importance of understanding heat in urban environments. Helping to meet that challenge fits directly into Synthetik’s mission.’
Synthetik COO Tim Brewer commented:
‘The UrbanScale tool will allow both our government and insurance partners to better characterize the risk of extreme heat in urban centers and promises to deliver critical insight on the way these events impact energy demands. We look forward to exploring its wide-ranging applications.’
Synthetik plans further development of UrbanScale with NOAA and other partners in the public and private sector.
For all inquiries: Contact Synthetik Applied Technologies PR [email protected] 
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Artificial Intelligence

GLiNTECH – a Valiantys company, wins Atlassian Partner of the Year 2023 Services (APAC) award. Valiantys and GLiNTECH declared Finalists for Team Excellence and ITSM Solutions

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PARIS, April 30, 2024 /PRNewswire/ — Atlassian announced today that GLiNTECH – a Valiantys company has won the Atlassian Partner of the Year 2023 Services (APAC) award. Valiantys and GLiNTECH were further declared finalists for the Team Excellence and ITSM Solutions awards, respectively.

 
This is an acknowledgement of their outstanding work for Atlassian customers during the calendar year 2023. This includes exceptional efforts in developing new business and driving innovative solutions for customer success.
“Our industry leading partners play a vital role in our customers’ continued success. We’re honored to highlight our top partners as award finalists this year, reflecting their ongoing commitment to delivering innovative solutions and unparalleled Atlassian services globally,” said Ko Mistry, Atlassian’s Head of Global Channels.
“We are delighted to be named as finalists for these awards from Atlassian, and we are particularly proud to celebrate GLiNTECH’s achievement in winning the Services (APAC) award.” said Emmanuel Benoit, Global Chief Executive Officer, Valiantys. “At Valiantys, embracing diversity of thought and challenging the ways our teams work has always provided Valiantys with a competitive edge to consistently deliver tangible results and value. We look to the future with unwavering determination and confidence as we continue to drive innovation and unlock potential for our customers around the globe.”
“We dedicate our IT Consulting Services and Custom Solutions to fulfilling our customers’ needs for success,” commented Dimitri Spyridopoulos, Chief Executive Officer GLiNTECH – a Valiantys company. “It’s an honor to be recognized by Atlassian as a finalist in two categories that reflect these efforts: Services and ITSM Solutions, and to be declared as winner for the Services award (APAC).”
For more information regarding this Press Release, contact: [email protected]
About Valiantys
Valiantys is a leading global consulting and services firm dedicated to Atlassian. The company accelerates business transformation by digitizing processes and modernizing teamwork, using the best agile methods and tools. Its Atlassian technical expertise is unparalleled and Valiantys supports its customers across the entire spectrum of projects on those platforms. As a recognized Agile at Scale, ITSM, and Cloud Specialized Partner, Valiantys help organizations accelerate time to value with Agile at scale, cloud, and ITSM implementations. Because teamwork requires more than just tools, the firm bridges the gap between applications and strategic practices such as SAFe® and ITIL. Over the last 15 years, Valiantys has helped more than 5,000 customers achieve their desired business outcomes at a reduced time to value, through improved team collaboration. More information about Valiantys can be found at https://www.valiantys.com/
About GLiNTECH – a Valiantys Company
GLiNTECH is a renowned Atlassian Platinum Partner headquartered in Australia and is the preferred choice for over 300 leading brands. The company has amassed more than 20 years of experience servicing enterprise clients across the Asia Pacific region, earning Atlassian Partner of the Year five times, including most recently for Professional Services. GLiNTECH is recognized as a Specialized Atlassian Cloud and ITSM partner. The company offers deep expertise in Licensing, Training, Support, Managed Services, Consulting, and Agile methodologies and has a proven record in providing reliable solutions while driving success within the Atlassian ecosystem. More information about GLiNTECH can be found here: https://www.glintech.com/
GLiNTECH was acquired by Valiantys in February 2024.
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Artificial Intelligence

Nillion is pleased to announce that Dwinity, a team pioneering decentralized AI has joined as an ecosystem partner

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ZUG, Switzerland and MUNICH, April 30, 2024 /PRNewswire/ — With huge amounts of personal data being collected every day, privacy concerns are escalating as the impact of data breaches become more costly. The need to address the problems created by the existing data economy have never been greater. By empowering users to reclaim control, Dwinity aims to unlock an enormous amount of potential for personal data to enhance various industries like healthcare, insurance, and finance.

About Dwinity
Dwinity’s mission is to give power back to users and to create a thriving data economy in which information asymmetry is finally removed. Dwinity enables a decentralized data economy as well as creates a data ownership driven ecosystem for storage, analysis, exchange, and commercialization of sensitive personal data.
The three components of Dwinity are:
Data control: Decentralized data spaces for decentralized data storage which provides true data sovereignty and enables users to decide with whom data is shared.Data Gold: Decentralized AI tools for each data space have the capability to unlock the full potential of data via sophisticated analysis.Data Cash: A fair marketplace with automated data value analysis, allowing for tangible income for data owners at lower costs and completely anonymous.Dwinity is presently closing its initial seed round at USD 3 MN – funds which will be used for the development of the initial prototypes to hit the market already in 2024.
About Nillion
Nillion is humanity’s first Blind Computer. It is powered by a decentralized network of nodes that enables “Blind Computation” through the coordination and orchestration of privacy enhancing technologies (PETs) such as multi-party computation (MPC), fully homomorphic encryption (FHE) and zero-knowledge proofs (ZKP). Nillion believes Blind Computation will become the internet’s base layer for all private data as PETs continue to mature. Nillion has attracted a notable initial cohort of Blind Computation builders across AI, DeFi, medical data, custody, wallets, global identity, messaging and more.
The Nillion development company, Nilogy, was incubated by CoinList’s seed program. Nilogy’s Founding CTO was the Founding Engineer of Uber (Conrad Whelan), the Chief Strategy Officer was the Founding CMO of Hedera Hashgraph (Andrew Masanto), the Chief Business Officer is the Founder of Indiegogo (Slava Rubin), the General Counsel was the Associate General Counsel of Coinbase (Lindsay Danas Cohen), along with builders hailing from Consensys, LayerZero, Polygon and Google.
“This is a major step on our way to building the leading ecosystem for sensitive data together with one of the top players in the market for the handling of such valuable data. We are looking forward to the cooperation which will add significant trust and competence to both initiatives”, said Peter Koenig, CEO of Dwinity.
Picture is available at AP
Contact for this publication: Christian Mangold [email protected]

View original content:https://www.prnewswire.co.uk/news-releases/nillion-is-pleased-to-announce-that-dwinity-a-team-pioneering-decentralized-ai-has-joined-as-an-ecosystem-partner-302131972.html

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