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CIMA concludes ‘Hundred & 10%’ – first ever ‘Virtual Career Festival’ on a high

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‘Hundred & 10%’, the first ever ‘Virtual Career Festival’ organized by CIMA, the world’s leading and largest professional management accountancy body, concluded with high praise for presenting a program filled with timely informative sessions, closely fought competitions and real world winners. The festival, held from the 13th to the 19th September 2020, featured global and local industry leaders speaking on a diverse array of business topics, an elevator pitch competition and a hackathon.

The weeklong event attracted over thousand registrations for seventeen sessions built around Technical, Leadership, People, Business, and Digital Skills, the five skills covered in the CGMA Competency Framework. Over 45 speakers from Sri Lanka and overseas came together to discuss, debate and deliberate on a diverse array of topics important for employability over seven days.

Day One of the event focused on technical skills with sessions on pushing oneself above and beyond, and the importance of the ‘Power of Numbers’ was presented to the participants. Day Two was all about people skills, with a forum discussion on ‘Swimming with the Big Fish’ and a focused workshop on ‘Creating a Winning Impression’ leading the agenda. The day also saw the much hyped ‘Hackathon’ event take place, with over 50 teams applying for the 24-hour event with cash prizes on the offer, followed with the winning team members also being offered employment from a leading conglomerate.

Zahara Ansary, ACMA, CGMA, Country Manager for CIMA Sri Lanka was ecstatic with the response to the Virtual Career Festival. “When we conceptualized ‘Hundred & 10%’, we were focused on building the relevant skills that will help youth and assure their employability in the post-COVID 19 world. Our aim to inspire the next generation of Sri Lankan professionals has been fully met with the first-ever Virtual Career Festival organised by CIMA, as evidenced by the enthusiastic participation of youth and professionals in the many forums of discussion, and competitions.” she said.

Leadership skills dominated the conversation on Day Three, with the timely topic ‘Breaking the Glass Ceiling’, starting the day off, with a stellar panel of female leaders followed by a lively discussion on ‘Succeeding Through Collaborations’. The more serious discussions on business skills covering topics such as ‘Guardians of the Money’ and ‘Starting Something Big’ were reserved for Day Four, while the closely contested Elevator Pitch competition with over 25 applicants fighting for 4 spots in the final, and a coveted cash prize for the ultimate winner was the highlight of Day Five, which also hosted the discussion ‘Becoming Entrepreneurial’.

“I am encouraged that the youth of tomorrow are gearing up to go above and beyond in their careers. Every industry leader who participated in ‘Hundred & 10%’, both local and global, gave of their knowledge and experience freely, making the event a truly enriching learning experience”, Zahara Ansary continued, on achieving the objective of the Virtual Career Festival.

The last two days of the event dived into interesting offerings. Day Six was all about diversity, with thematic presentations on ‘Creating Magic’ and ‘Employability in the New World’ capturing talent, diversity and inclusivity in the workspace whilst also showcasing the diversity of the CIMA members who ranged from marketing giants to entrepreneurs. The last day of the festival reminded all participants of the newest and most versatile tool, digital skills. ‘Embracing Opportunities and Riding High’, and ‘Digital Innovation’ were first discussed on Day Seven, which ended on the aptly titled presentation ‘Tomorrow’s Skills’.

‘Hundred & 10%’ – first ever ‘Virtual Career Festival’ organized by CIMA explored the various skills necessary for employability in the future world and aimed to inspire the next generation of Sri Lankan professionals to go above and beyond in their careers. Those who wish to hear what the speakers at the ‘Virtual Career Festival’ discussed, can now access the archives of the event maintained by CIMA on their facebook page at



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Stealer malware leaked over 2 million bank cards

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The number of infections with data-stealing malware, 2020-2024 (Source: Kaspersky Digital Footprint Intelligence)

Kaspersky Digital Footprint Intelligence estimates that 2.3 million bank cards were leaked on the dark web, based on an analysis of data-stealing malware log files from 2023-2024. On average, every 14th infostealer infection results in stolen credit card information, with nearly 26 million devices compromised by infostealers, including more than 9 million in 2024 alone. Kaspersky released its report on the infostealer threat landscape while the technology world gathers at MWC 2025 in Barcelona.

Kaspersky experts estimate that approximately 2,300,000 bank cards have been leaked on the dark web. This conclusion is based on an analysis of the log files from data-stealing malware, dated 2023-2024, that were leaked on the dark web market. While globally the share of leaked cards is well below one percent, 95% of the observed numbers appear technically valid.

Infostealer malware is not only designed to extract financial information, but also credentials, cookies and other valuable user data, which is compiled into log files and then distributed within the dark web underground community. An infostealer can infect a device if a victim unknowingly downloads and runs a malicious file, for example one disguised as legitimate software, such as a game cheat. It can be spread through phishing links, compromised websites, malicious attachments in emails or messengers and various other methods. It targets both personal and corporate devices.

On average, every 14th infostealer infection results in stolen credit card information. Kaspersky Digital Footprint Intelligence experts found that nearly 26 million devices running Windows were infected with various types of infostealers in the past two years.

“The actual number of infected devices is even higher. Cybercriminals often leak stolen data in the form of log files months or even years after the initial infection, and compromised credentials and other information continue to surface on the dark web over time. Therefore, the more time passes, the more infections from previous years we observe. We forecast the total number of devices infected with infostealer malware in 2024 to be between 20 million and 25 million, while for 2023, the estimate ranges between 18 million and 22 million,” says Sergey Shcherbel, expert at Kaspersky Digital Footprint Intelligence.

In 2024, Redline remained the most widespread infostealer, accounting for 34% of the total number of infections.

The most significant surge in 2024 was in infections caused by Risepro, whose share of total infections increased from 1.4% in 2023 to almost 23% in 2024. “RisePro is a growing threat. It was first discovered two years ago but seems to be gaining momentum. The stealer primarily targets banking card details, passwords and cryptocurrency wallet data, and may be spreading under the guise of key generators, cracks for various software and game mods,” explains Sergey Shcherbel. Another rapidly growing stealer is Stealc, which first appeared in 2023 and increased its share from nearly 3% to 13%.

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UTE Delivers Sri Lanka’s Largest Cat D8 Tractor to NEM Construction

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(From left to right) Deepthi Hewageegana (CEO - UTE), Mani Rajan (Director Distribution - India), Joe Moscato (Vice President - Distribution - Japan & Asia South (India & SE Asia) Caterpillar Inc), Raja Nanayakkara (Chairman / MD - NEM Construction), Prasan Fernando (Chairman - UTE), Priath Fernando - (Director - UTE), Duminda Perera (Senior General Manager - Operations)

Caterpillar equipment dealer UTE has delivered the country’s largest Cat D8 Track-Type Tractor to NEM Construction Pvt. Ltd., marking a significant milestone in heavy machinery. This delivery strengthens the long-standing partnership between UTE and NEM Construction, which spans over 45 years. The Cat D8 is expected to boost operational efficiency in large-scale projects. As the sole authorized dealer for Caterpillar in Sri Lanka, UTE continues to provide top-tier machinery and after-sales support. The handover is particularly notable as Caterpillar celebrates its 100th anniversary. NEM Construction’s Chairman, Raja Nanayakkara, praised the Cat D8’s superior performance and UTE’s unmatched service and parts support, which have been key to the company’s long-term collaboration. This purchase highlights the continued trust in both Caterpillar and UTE’s expertise in supporting Sri Lanka’s construction industry.

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ComBank’s 2023 Annual Report tops Banking sector at ACCA Sustainability Reporting Awards

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Commercial Bank Chief Operating Officer S. Prabagar and members of the senior management accepting one of the ACCA awards.

The Commercial Bank of Ceylon’s prowess in comprehensive disclosure of sustainability-related information to stakeholders has won its 2023 Annual Report two top awards at the 2025 Sustainability Reporting Awards presented by the Association of Chartered Certified Accountants (ACCA).

The Bank was adjudged the overall runner-up and the winner in the Banking category at these awards, repeating the achievement of its 2022 Annual Report which was similarly honoured by the ACCA last year.

The ACCA Sustainability Reporting Awards recognise Annual Reports that clearly acknowledge and explain the economic, environmental and social impacts of the business to internal and external stakeholders, demonstrating the organisation’s policies, targets and long-term objectives towards the goal of sustainable development.

Commercial Bank’s 2023 Annual Report also won two Golds, a Silver and a Bronze at CA Sri Lanka’s ‘TAGS’ Awards 2024, excelling in the key aspects recognised by the awards programme which is dedicated to Transparency, Accountability, Governance, and Sustainability – TAGS.

The Bank won the Gold for ‘Corporate Governance Disclosure’ in the Financial Services sector, the Gold for the Best Annual Report among the private sector banks, the Silver for ‘Digitally Transformative Reporting’ across all sectors, and the overall Bronze award for Excellence in Corporate Reporting.

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