Cyberattack

WISeKey and OISTE Foundation Advocate for a decentralized AI at the Global Dialogue event organized by United Nations Alliance of Civilizations (UNAOC)

Retrieved on: 
Friday, October 20, 2023

As global reliance on artificial intelligence increases, OISTE Foundation highlights the dangers posed by the concentration of AI technological control in the hands of a select few tech giants.

Key Points: 
  • As global reliance on artificial intelligence increases, OISTE Foundation highlights the dangers posed by the concentration of AI technological control in the hands of a select few tech giants.
  • The intervention by OISTE Foundation underscores the necessity for multiple, diversified AI systems, particularly those that respect and adhere to national laws and future international norms.
  • The insights offered by OISTE Foundation at UNAOC are part of a broader dialogue necessary for reassessing our global approach to AI development.
  • This significant contribution by OISTE Foundation is not an end but a beginning, calling stakeholders, tech developers, and legal entities worldwide to action.

Proposed Acquisition by Cuentas, Inc. of Majority Stake in World Health Energy Holdings, Inc. Offers Opportunity for Expansion of WHEN Group’s Cybersecurity, AI and Telecom Technology Footprint

Retrieved on: 
Thursday, October 19, 2023

BOCA RATON, FL, Oct. 19, 2023 (GLOBE NEWSWIRE) -- World Health Energy Holdings, Inc. (OTC Pink: WHEN) (“WHEN Group”), a telecom and cybersecurity company with proprietary technologies developed to protect individuals and enterprises from cybersecurity threats, announced today that the majority shareholder of WHEN Group executed a binding letter of intent with Cuentas, Inc. (Nasdaq: CUEN & CUENW) ("Cuentas"), a developer of an alternative financial ecosystem to underbanked communities. The proposed share exchange transaction, pending Nasdaq and shareholder approval and other specified conditions, will result in WHEN Group becoming a majority owned subsidiary of Cuentas.

Key Points: 
  • The proposed share exchange transaction, pending Nasdaq and shareholder approval and other specified conditions, will result in WHEN Group becoming a majority owned subsidiary of Cuentas.
  • WHEN Group was founded by Israeli engineers and international professionals with deep backgrounds in cybersecurity and data threat remediation in both government and private sectors.
  • WHEN Group has recently moved into telecommunications platforms with its acquisition of CrossMobile, a licensed telecom (full core mobile virtual network operator) in Poland, joining a small group of licensed telecom operators in the EU.
  • The closing is contingent on several factors, including without limitation, the approval of Nasdaq and the shareholders of Cuentas.

FTC Reports Outline Efforts to Combat Cross-Border Fraud and Ransomware Attacks

Retrieved on: 
Thursday, October 26, 2023

The Federal Trade Commission has submitted two reports to Congress detailing the agency’s efforts to combat cross-border fraud through the U.S.

Key Points: 
  • The Federal Trade Commission has submitted two reports to Congress detailing the agency’s efforts to combat cross-border fraud through the U.S.
  • SAFE WEB Act and work contributing to the fight against ransomware and other cyber attacks that originate outside the United States.
  • Report on Ransomware and other Cyber Attacks
    The second report details the FTC’s work to target ransomware and other cyber attacks.
  • The report reiterates the importance of SAFE WEB in helping to combat ransomware and other cyber attacks.

FTC Reports Outline Efforts to Combat Cross-Border Fraud and Ransomware Attacks

Retrieved on: 
Tuesday, October 24, 2023

The Federal Trade Commission has submitted two reports to Congress detailing the agency’s efforts to combat cross-border fraud through the U.S.

Key Points: 
  • The Federal Trade Commission has submitted two reports to Congress detailing the agency’s efforts to combat cross-border fraud through the U.S.
  • SAFE WEB Act and work contributing to the fight against ransomware and other cyber attacks that originate outside the United States.
  • Report on Ransomware and other Cyber Attacks
    The second report details the FTC’s work to target ransomware and other cyber attacks.
  • The report reiterates the importance of SAFE WEB in helping to combat ransomware and other cyber attacks.

Global EdTech Market Outlook & Forecast Report 2023-2028 Featuring Key Vendors - 2U, BoxLight, Byju's, Blackboard, Udemy, Coursera, Chegg, Duolingo, & Unacademy - ResearchAndMarkets.com

Retrieved on: 
Thursday, October 19, 2023

The global EdTech market is highly competitive, characterized by a diverse range of companies and solutions aiming to revolutionize the education sector through technology.

Key Points: 
  • The global EdTech market is highly competitive, characterized by a diverse range of companies and solutions aiming to revolutionize the education sector through technology.
  • Europe is also witnessing substantial growth in the EdTech market, fueled by increasing investments in digital education and e-learning initiatives.
  • The European EdTech market is expected to expand as more educational institutions and businesses embrace digital learning solutions.
  • The K-12 education segment is projected to be the leading revenue contributor to the global EdTech market during the forecast period.

Cuentas to Introduce Proprietary Mobile Security Technology to the U.S. Market

Retrieved on: 
Monday, October 16, 2023

Upon closing of the acquisition, Cuentas intends to begin integrating WHEN’s portfolio of Cyber Security solutions into the Cuentas Mobile Platform as well as offering WHEN’s advanced solutions to Cuentas’ fintech partners.

Key Points: 
  • Upon closing of the acquisition, Cuentas intends to begin integrating WHEN’s portfolio of Cyber Security solutions into the Cuentas Mobile Platform as well as offering WHEN’s advanced solutions to Cuentas’ fintech partners.
  • Cuentas believes that this will provide a powerful proof of concept for the Company’s planned launch of services into the US.
  • Management believes their solutions address a broad segment of the fast-growing, multi-billion-dollar cyber security market.
  • The closing is contingent on several factors, including without limitation, the approval of Nasdaq and the shareholders of Cuentas approving the transaction.

Cuentas to Introduce Proprietary Mobile Security Technology to the U.S. Market

Retrieved on: 
Monday, October 16, 2023

MIAMI BEACH, FL, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Cuentas, Inc. (Nasdaq: CUEN & CUENW) ("Cuentas"), developer of an alternative financial ecosystem to the underbanked, today signed a letter of intent to acquire control of WHEN Group (World Health Energy Holdings, Inc. – OTC Pink: WHEN), pending Nasdaq and shareholder approval and other specified conditions, through a share exchange with WHEN’s principal shareholder, leaving Cuentas uniquely debt-free and well positioned to grow its mobile and FinTech lines.

Key Points: 
  • Cuentas’ Proposed Acquisition of a 75% Equity Stake in World Health Energy Holdings, Inc. (OTC Pink:WHEN) is intended to Expand Cuentas’ Mobile business and Provide critical Next-Generation Security Against Privacy and Cyber Threats.
  • Upon closing of the acquisition, Cuentas intends to begin integrating WHEN’s portfolio of Cyber Security solutions into the Cuentas Mobile Platform as well as offering WHEN’s advanced solutions to Cuentas’ fintech partners.
  • Management believes their solutions address a broad segment of the fast-growing, multi-billion-dollar cyber security market.
  • The closing is contingent on several factors, including without limitation, the approval of Nasdaq and the shareholders of Cuentas approving the transaction.

International Trade Commission Confirms to Terminate Patent Infringement Investigation Brought by Ouster Against Hesai

Retrieved on: 
Thursday, October 12, 2023

Ouster wrongly sued Hesai in contravention of its merger partner Velodyne's patent cross-licensing agreement with Hesai which binds the combined Ouster/Velodyne entity.

Key Points: 
  • Ouster wrongly sued Hesai in contravention of its merger partner Velodyne's patent cross-licensing agreement with Hesai which binds the combined Ouster/Velodyne entity.
  • Hesai has fully abided by the agreement, but Ouster tried to escape its legal obligations.
  • The Commission terminated the ITC Action because the prior agreement specified disputes should be arbitrated, not submitted to Courts or the ITC.
  • It is irresponsible and misleading for Ouster to characterize Hesai’s motion to terminate as an attempt to avoid a ruling on the merits.

GHD Digital launches Cyber Critical Infrastructure and Risk Center of Excellence

Retrieved on: 
Thursday, October 5, 2023

HOUSTON, Oct. 05, 2023 (GLOBE NEWSWIRE) -- GHD Digital, a leading global digital transformation business, today announces the launch of its Cyber Critical Infrastructure and Risk Center of Excellence (CoE) designed to protect organizations, their critical systems, and sensitive information from the growing threat of cyber-attacks.

Key Points: 
  • HOUSTON, Oct. 05, 2023 (GLOBE NEWSWIRE) -- GHD Digital, a leading global digital transformation business, today announces the launch of its Cyber Critical Infrastructure and Risk Center of Excellence (CoE) designed to protect organizations, their critical systems, and sensitive information from the growing threat of cyber-attacks.
  • In addition, convergence of IT (Information Technology) and OT (Operational Technology) makes critical infrastructure vulnerable to cyber threats.
  • For leaders unsure of their cyber risks and vulnerabilities, now is the time to ask questions,” said Kumar Parakala, President, GHD Digital.
  • “With GHD’s 95-year history in critical infrastructure services, we can help clients minimize the risk of threats and preserve enterprise strategy,” Parakala added.

Global EdTech Market Outlook & Forecast Report 2023-2028: Gamification Gains Ground - Education Gets a Playful Twist with Gamified Learning

Retrieved on: 
Monday, October 16, 2023

DUBLIN, Oct. 16, 2023 /PRNewswire/ -- The "Global EdTech Market - Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Oct. 16, 2023 /PRNewswire/ -- The "Global EdTech Market - Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
  • Europe is also witnessing substantial growth in the EdTech market, fueled by increasing investments in digital education and e-learning initiatives.
  • The European EdTech market is expected to expand as more educational institutions and businesses embrace digital learning solutions.
  • The K-12 education segment is projected to be the leading revenue contributor to the global EdTech market during the forecast period.