RSA

RSA Conference 2024 Innovation Sandbox and Launch Pad Contests Now Accepting Submissions

Retrieved on: 
Tuesday, January 23, 2024

SAN FRANCISCO, Jan. 23, 2024 /PRNewswire/ -- RSA Conference™, the world's leading information security conferences and expositions, today announced that submissions for the nineteenth annual RSAC Innovation Sandbox and fourth annual Launch Pad contests are now open.

Key Points: 
  • SAN FRANCISCO, Jan. 23, 2024 /PRNewswire/ -- RSA Conference™, the world's leading information security conferences and expositions, today announced that submissions for the nineteenth annual RSAC Innovation Sandbox and fourth annual Launch Pad contests are now open.
  • Submissions for the 19th annual RSA Conference Innovation Sandbox and fourth annual Launch Pad contests are now open.
  • For earlier stage companies that are not quite ready for the Innovation Sandbox stage, RSAC Launch Pad will once again be returning to the innovation programming lineup.
  • Submissions run through Thursday, February 22, 2024 with Finalists presenting at Conference on Tuesday, May 7, 2024.

Greenberg Traurig Represents Inversiones Latin America Power in Uncontested Prepackaged Chapter 11

Retrieved on: 
Wednesday, January 17, 2024

NEW YORK, Jan. 17, 2024 /PRNewswire-PRWeb/ -- A team of attorneys from global law firm Greenberg Traurig, LLP represented Chilean renewable energy company Inversiones Latin America Power (ILAP) in its comprehensive financial restructuring implemented through a pre-packaged plan of reorganization in a Chapter 11 proceeding. Greenberg Traurig first assisted ILAP in securing a forbearance and standstill agreement with its bondholders in early July 2023, which was subsequently extended. The forbearance provided ILAP with the opportunity to negotiate and agree with the bondholders on the terms of the restructuring transaction.

Key Points: 
  • A team of attorneys from global law firm Greenberg Traurig, LLP represented Chilean renewable energy company Inversiones Latin America Power (ILAP) in its comprehensive financial restructuring implemented through a pre-packaged plan of reorganization in a Chapter 11 proceeding.
  • NEW YORK, Jan. 17, 2024 /PRNewswire-PRWeb/ -- A team of attorneys from global law firm Greenberg Traurig, LLP represented Chilean renewable energy company Inversiones Latin America Power (ILAP) in its comprehensive financial restructuring implemented through a pre-packaged plan of reorganization in a Chapter 11 proceeding.
  • Greenberg Traurig first assisted ILAP in securing a forbearance and standstill agreement with its bondholders in early July 2023, which was subsequently extended.
  • The RSA provided key terms and conditions that would govern ILAP's Chapter 11 cases as well as its Chapter 11 plan of reorganization.

American Binary & WhiteHawk Partner to Accelerate the Post-Quantum Transition

Retrieved on: 
Tuesday, January 16, 2024

To accelerate meeting these new encryption standards, American Binary is thrilled to announce an official partnership with WhiteHawk, Inc; the world's first cybersecurity exchange.

Key Points: 
  • To accelerate meeting these new encryption standards, American Binary is thrilled to announce an official partnership with WhiteHawk, Inc; the world's first cybersecurity exchange.
  • "American Binary is the perfect exemplar of next generation Cyber Innovation so needed today and going forward for the automated and effective resilience of our Nation, Allies and the World.
  • I am so proud to enable American Binary to conduct further Client engaging R&D and gain the traction they deserve in our Digital Age.
  • With WhiteHawk's strong market position in cybersecurity coupled with American Binary's boundary-pushing deep tech, our two companies expect this partnership to accelerate the world's transition to post-quantum encryption."

UPCX Pioneers Quantum-Safe Blockchain Wallet Technology

Retrieved on: 
Friday, January 12, 2024

The security of most current blockchain technology relies on traditional cryptographic algorithms, which depend on the computational difficulty of specific mathematical problems.

Key Points: 
  • The security of most current blockchain technology relies on traditional cryptographic algorithms, which depend on the computational difficulty of specific mathematical problems.
  • However, the emergence of quantum computers could render these algorithms vulnerable to decryption, posing a threat to blockchain security.
  • The critical functions of Post-Quantum Cryptography (PQC) include:
    - Protection of Blockchain Technology: Blockchain relies on cryptographic protocols to secure transactions and smart contracts, making PQC crucial for maintaining security.
  • UPCX is an innovative open-source payment system that leverages high-speed blockchain technology.

Cyware Appoints Alex Bender as Chief Marketing Officer

Retrieved on: 
Tuesday, January 9, 2024

Cyware, the leading provider of threat intelligence management, security collaboration, and cyber fusion solutions, is pleased to welcome security expert and marketing leader, Alex Bender, as its new Chief Marketing Officer.

Key Points: 
  • Cyware, the leading provider of threat intelligence management, security collaboration, and cyber fusion solutions, is pleased to welcome security expert and marketing leader, Alex Bender, as its new Chief Marketing Officer.
  • View the full release here: https://www.businesswire.com/news/home/20240109636361/en/
    With 22 years of cybersecurity marketing experience, Alex comes to Cyware after serving as the CMO of Invicti Security.
  • “Cyber fusion is a strategic reality that organizations are now implementing, and Cyware is leading the industry in cyber fusion solutions,” said Alex Bender.
  • Cyware stands uniquely poised to address these challenges, and I am excited to be on board.”
    Alex Bender will be leading all marketing functions including brand, corporate communications, product marketing, demand creation, demand capture, business development, partner and alliance marketing as well as corporate and field events.

Audacy Receives Court Approval of “First Day” Motions

Retrieved on: 
Tuesday, January 9, 2024

Audacy, Inc., (OTC: AUDA) (the “Company” or “Audacy”) announced today that it has received approval from the United States Bankruptcy Court for the Southern District of Texas (“the Court”) for all first day motions related to its prepackaged Chapter 11 proceedings, which commenced on January 7, 2024.

Key Points: 
  • Audacy, Inc., (OTC: AUDA) (the “Company” or “Audacy”) announced today that it has received approval from the United States Bankruptcy Court for the Southern District of Texas (“the Court”) for all first day motions related to its prepackaged Chapter 11 proceedings, which commenced on January 7, 2024.
  • As part of these motions, the Court today granted Audacy access to $57 million in financing from certain of its existing lenders.
  • The Court also authorized Audacy to continue to pay employee wages, salaries and benefits without interruption and to pay vendors and suppliers.
  • As previously announced, Audacy entered into a restructuring support agreement (“RSA”) with a supermajority of its debtholders.

OPSWAT Celebrates 20 Years of Innovation and Achievement with Remarkable Year-End Growth

Retrieved on: 
Monday, January 8, 2024

TAMPA, Fla., Jan. 8, 2024 /PRNewswire/ -- OPSWAT, a global leader in critical infrastructure protection (CIP) cybersecurity solutions, today rings in its twentieth year in business with more than 26% year-over-year annual recurring revenue (ARR) growth, while surpassing important sales, product and global operational milestones.

Key Points: 
  • With over two decades of continuous innovation and growth, OPSWAT is strategically positioned to meet these market demands and fortify organizations against the dynamic threat landscape.
  • "I am so proud of OPSWAT's growth and look forward to seeing what we can accomplish in 2024," said Benny Czarny, Founder and CEO of OPSWAT.
  • Sales & Channel Success: With more than 1,700 customers, OPSWAT solidified its position as a trusted partner for organizations worldwide.
  • Product Innovation: OPSWAT introduced the Mobile Kiosk , an ultra-rugged solution designed to maintain critical network security in the harshest conditions.

Audacy Reaches Agreement with a Supermajority of its Debtholders on Balance Sheet Deleveraging Transaction that Will Equitize Over 80% of the Company’s Debt and Establish a Robust Capital Structure to Drive Long-Term Growth

Retrieved on: 
Sunday, January 7, 2024

Through the restructuring, Audacy and its debtholders will undertake a deleveraging transaction to equitize approximately $1.6 billion of funded debt, a reduction of 80% from approximately $1.9 billion to approximately $350 million.

Key Points: 
  • Through the restructuring, Audacy and its debtholders will undertake a deleveraging transaction to equitize approximately $1.6 billion of funded debt, a reduction of 80% from approximately $1.9 billion to approximately $350 million.
  • The Company does not expect any operational impact from the restructuring, and trade and other unsecured creditors will not be impaired.
  • These market factors have severely impacted our financial condition and necessitated our balance sheet restructuring.
  • Audacy common stock will continue to trade over-the-counter under the symbol “AUDA” through the pendency of the Chapter 11 process.

AM Best Affirms Credit Ratings of RSA Insurance Group Limited’s Subsidiaries

Retrieved on: 
Friday, January 5, 2024

All five entities are wholly owned subsidiaries of RSA Insurance Group Limited (RSAIG), a non-operating holding company, ultimately owned by Intact Financial Corporation (IFC) (Canada).

Key Points: 
  • All five entities are wholly owned subsidiaries of RSA Insurance Group Limited (RSAIG), a non-operating holding company, ultimately owned by Intact Financial Corporation (IFC) (Canada).
  • RSAI, RSAI Ireland, RSAL and RSA Re’s ratings factor in their strategic importance to and integration within the RSA group; MIC’s ratings consider the significant reinsurance support it receives from RSAI, its intermediate parent company.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

Multi-Factor Authentication Market - Global Forecast to 2028 with Microsoft, Thales, Okta, Broadcom, OneSpan, Micro Focus, HID Global, Cisco, Ping Identity, and RSA Security Dominating

Retrieved on: 
Tuesday, January 2, 2024

The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.

Key Points: 
  • The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
  • North America leads the global MFA market in terms of the presence of the world's most significant number of MFA vendors.
  • Major vendors in the global MFA market include Microsoft (US), Thales (France), Okta (US), Broadcom (US), OneSpan (US), Micro Focus (UK), HID Global (US), Cisco (US), Ping Identity (US), RSA Security (US).
  • The four-factor authentication is expected to be one of the most promising technologies because of its sophisticated authentication and unbreakable security design.