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ISM APAC announces strategic alignment with Sana Commerce

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Leading e-commerce solutions provider, ISM APAC announced its unification and transition with Sana Commerce Global, a leading Netherlands-based e-commerce company, as Sana Commerce Sri Lanka.

This move comes after concluding seven successive years in the industry independently, primarily serving the Asia Pacific region and being one of the main development centers for its headquarters.

With over 180 employees, this number is only growing stronger as this transition can now allow it to expand its scope to cover a range of development services to a much wider audience. This also indicates that every individual will now be able to get a global exposure, not limiting just to the Sri Lankan context, and have a rich, diverse, and holistic experience including a multitude of knowledge, learning and training initiatives at Sana Commerce.

Sana Commerce is an e-commerce platform designed to help manufacturers, distributors and wholesalers to connect, manage and succeed in creating long-lasting relationships with customers who place their utmost trust in them. It focuses on improving the relationship cycle rather than mere transactions. Some of the recent recognitions Sana Commerce received include being named as a Strong Performer by Forrester, Winner of Best E-shop at the E-Commerce Germany Awards 2021, and Leader Mid-Market from G2.

‘‘Our development center based in Sri Lanka consist of a talented pool of professionals who has been instrumental in our success and innovation, taking a lead on numerous projects and never falling short of exceeding our expectations. With this alignment, we will only continue to grow in leaps and bounds,’’ said Michiel Schipperus, CEO & Managing Partner at Sana Commerce.

Sana Commerce Sri Lanka was ranked among the Best Workplaces in Sri Lanka for 2021, 2020, and 2017, and Best Small and Medium IT/ITes Workplaces in Sri Lanka last year by Great Place to Work Sri Lanka. The company’s culture is built on encouraging individual growth through active dialogue, creativity and knowledge-sharing initiatives both internally and externally including guest lectures at universities and sponsoring various hackathons particularly She Coderess, a Sri Lankans only all-female hackathon.

“We also started out as one of the main development centres for Sana Commerce, but with this transition, we can now reach all corners of the world, covering development, providing solutions and much more,” said Priyantha Bethmage, Managing Director at Sana Commerce Sri Lanka.

The company also strives to empower and help various communities through well-defined outreach projects spearheaded by its CSR Committee. Its ‘Sipsatharata Arunallak’ – ‘Helping hands for Education’ continues to play a pivotal role in helping underprivileged children gain access to quality education, one of its philanthropic goals.

With its new face, Sana Commerce Sri Lanka will open the doors to have a much more holistic and expansive international experience for the employees who were working in a bubble of the Sri Lankan context.



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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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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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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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