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Colombo Jewellery Stores opens One Galle Face outlet with Sapphire Island Collection

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Sapphire Island Collection in collaboration with Miss Sri Lanka 2021 Sade Greenwood

Defining a century of style celebrating the Sri Lankan Blue Sapphire

Colombo Jewellery Stores (CJS) etched its milestone of a Century of Style with the opening of its latest store, at the One Galle Face Mall (Shop No. L1 – 59) Celebrating the opening of the outlet which makes the exclusive range of CJS jewellery accessible to the customer who defines style and sophistication, CJS launched its newest tribute to this Island of Gems with The Sapphire Island Collection exclusively available only at the One Galle Face store.

As the brand reaches its centurion milestone, CJS looks back on the skill, knowledge and experience of three generations that created a philosophy of uncompromising quality and artisanal flair. The heritage of this brand, built on the cornerstones of craftsmanship, quality, sustainability and creativity have presented a portfolio of showstopping jewellery and sophisticated accessories that are the epitome of elegance and pizzazz.

The Sapphire Island Collection is a collaboration with the first Youth Ambassador for Colombo Jewellery Stores, Miss Sri Lanka for Miss World 2021 the young and vibrant, Sade Greenwood. She brings with her a passion for uplifting society and protecting the environment, similar values upheld by CJS which has been actively contributing to a strong sustainability footprint since inception.

For the CEO of CJS Akram Cassim, this is a milestone that culminates not only a 100-year legacy but also heralds a new era of style. “Sade represents a new generation of jewellery design and the inspiration for the Sapphire Island Collection, which focused entirely on the magical Sri Lankan Blue Sapphire, our Island’s most treasured and historically significant gemstone.”

Sade, who will be an integral facet in promoting the Collection to the youthful customer segment said, “It is my honour, as Youth Ambassador for Colombo Jewellery Stores to launch the Sapphire Island Collection celebrating a Century of Style. CJS and I have similar passions for the betterment of our planet and I look forward to working closely with the brand to promote these causes, not just to better the lives of all but also to shed light on critical environmental issues facing our country.”

The new CJS Store with its highlights of bronze trimmings and interiors in a palette of biscuit and chocolate brown showcases the Collection that has been curated and designed to inspire all jewellery aficionados. The store embellishes the dazzling Sri Lankan Blue Sapphire and other precious gems with its modernity juxtaposed with the look of an era gone by, expressed through the eyes of visionary architect Murad Ismail of MICD Associates, who said, “Drawing inspiration from an establishment with a hundred-year history, I was able to create an ambience that celebrates the commitment to artistry that defines CJS.”

For one hundred years, CJS has curated the finest Sri Lankan gems and crafted the most exquisite jewellery. The history of this iconic homegrown brand is a reflection of the long and illustrious past of the country’s own gem and jewellery industry.

The Sapphire Island Collection highlights this legacy and the uniqueness of this Gem of Love, with its one-of-a-kind pieces that stamp a true style statement with unique designs and intricate cuts that masterfully intersperse dazzling Blue Sapphires with clusters of Diamonds. With superior quality and artisan skill at the helm of each virtuoso piece, CJS now adds its latest signature to this spellbinding Sri Lanka Sapphire Collection.



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Ransomware menace plagues Sri Lankan businesses: Kaspersky

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A total of 2,650 ransomware incidents were detected and blocked by Kaspersky cybersecurity solutions for businesses in Sri Lanka from January to December 2023.

Experts from the global cybersecurity company insist on organisations, regardless of shape and size, to beef up their IT security posture as ransomware, especially the targeted type, continues to be a damaging menace for organisations in the region.

“The era of widespread mass attacks by encryptors on both individuals and businesses is gradually fading away. Instead, we are witnessing a shift towards organised groups that execute hacks involving data theft and encryption, commonly referred to as double extortion. The rationale behind this evolution lies in the perpetrators’ ability to operate with greater efficiency, thereby enabling them to demand significantly higher ransom sums,” says Fedor Sinitsyn, Lead Malware Analyst at Kaspersky.

Last year, ransomware incidents in Sri Lanka include the compromise of 5,000 government-related emails as well as attacks on telecom servers.

“It’s evident that the threat actors behind ransomware attacks target all sectors in Sri Lanka. The total number of attempts may be low, but organisations need to realise the real impact of each successful ransomware infection, both on the financial and reputation fronts. It’s imperative for businesses here to look into cybersecurity technologies that provide absolute anti-ransomware effectiveness in third-party exams. Because not all cybersecurity solutions are created equal,” Yeo Siang Tiong, General Manager for Southeast Asia at Kaspersky.

Kaspersky Endpoint Security for Business, Kaspersky Small Office Security and Kaspersky Standard demonstrated complete protection against ransomware in 10 different real-life attack scenarios during regular Advanced Threat Protection assessments held by AV-TEST.

To combat ransomware and assist those affected, Kaspersky, alongside Europol, the Dutch National Police, and others has the No More Ransom initiative, launched in 2016. On the official website, participants provide decryption tools, guidelines, and instructions to report cybercrimes, irrespective of the location of the incident.

By the end of 2023, Kaspersky marked the seventh anniversary as a key contributor to the No More Ransom initiative. This period witnessed expanded access to Kaspersky’s free decryption tools, in line with its commitment to combating ransomware. These tools, targeting 39 ransomware families, have been integral in assisting nearly 2 million victims globally, as reported by Europol, underscoring the profound impact of the No More Ransom initiative supported by Kaspersky.

To protect yourself and your business from ransomware attacks, consider following the rules proposed by Kaspersky experts:

Do not expose remote desktop/management services (such as RDP, MSSQL, etc.) to public networks unless absolutely necessary and always use strong passwords, two-factor authentication and firewall rules for them.

Promptly install available patches for commercial VPN solutions providing access for remote employees and acting as gateways in your network.

Always keep software updated on all the devices you use to prevent ransomware from exploiting vulnerabilities.

Focus your defense strategy on detecting lateral movements and data exfiltration to the Internet. Pay special attention to the outgoing traffic to detect cybercriminals’ connections.

Back up data regularly with special attention to offline backup strategies. Make sure you can quickly access it in an emergency when needed.

Avoid downloading and installing pirated software or software from unknown sources.

Assess and audit your supply chain and managed services’ access to your environment.

Prepare an action plan for reputational risk of your data exposure in the unfortunate event of data theft.

Use solutions like Kaspersky Endpoint Detection and Response Expert and Kaspersky Managed Detection and Response service which help to identify and stop the attack on early stages, before attackers reach their final goals.

To protect the corporate environment, educate your employees. Dedicated training courses can help, such as the ones provided in the Kaspersky Automated Security Awareness Platform.

Use the latest Threat Intelligence information to stay aware of actual TTPs used by threat actors. The Kaspersky Threat Intelligence Portal is a single point of access for Kaspersky’s TI, providing cyberattack data and insights gathered by our team for over 26 years.

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IDB and MOI organize National Vehicle Parade with all domestically value-added vehicles

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A vehicle parade of locally manufactured and assembled vehicles organized by the Industrial Development Board (IDB) along with the Ministry of Industries (MOI), Sri Lanka Automobile Component Manufacturers Association (SLACMA) and Automobile Assemblers Association will be held for the third time, through Galle Face, Lotus Roundabout , Fort, Technical Junction, Punchikawatta, Maradana, Borella, Borella cemetery junction and to BMICH on June 18, 2024 from 4pm onwards. The IDB under the Ministry of Industries is a key stakeholder in the Standard Operating Procedure which facilitates automobile assembly and component manufacturing in the country. The roadshow will see a fleet of over 200 locally assembled vehicles parade the streets.

Chairman of Industrial Development Board Dr. Saranga Alahapperuma stated, “The IDB which is the statutory body responsible for the development of all industries in Sri Lanka, has a mission to provide the strategic, technological and commercial foundation needed to encourage, promote and develop all industries in the country. Hyundai, Proton, Chery, BAIC, DFSK, Wuling, Mahindra, TATA, JMC, Lanka Ashok Leyland, TVS and Bajaj are few of the brands that are assembled in Sri Lanka with the approval and certification of the Industrial Development Board.”

The services of the IDB are of great benefit to the automobile and auto component manufacturing and automobile assembly industry in the country.

It is the authority responsible for overseeing the auto component development, design, testing and certification for industries, automotive component costing and process/product optimization services, raw material testing and selection for automotive components, plant, machinery, equipment, tool appraisal and valuation and incubator facilities for automotive component developers. It is also the national tooling center for automotive component development and provides services such as foundry and metallurgy services for automotive component developers, technical inspection services, rubber compound development for automotive components and electro-plating services for automotive components through a network of district offices covering the entire island.

The IDB also provides industrialists with industry information services, incubator facilities, and even an electricity subsidy.

“The facilities provided by the IDB will help create a very favorable environment for the automobile manufacturing and assembly industry and the automotive component manufacturing industry to match world standards. The Sri Lanka Automobile Component Manufacturers Association (SLACMA) and Automobile Assemblers Association both are committed to help organize the Vehicle Parade annually, to whom which I thank for their efforts.” Alahapperuma said.

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Q+ Payment App goes trilingual to further facilitate payments for the masses

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Highlights of the launch events in Nittambuwa and Jaffna,

‘Q+ Payment App’ – the first LankaQR certified mobile payment app in Sri Lanka – has gone trilingual with the launch of its groundbreaking Sinhala and Tamil versions at twin events held in Nittambuwa and Jaffna respectively.

Powered by the Commercial Bank of Ceylon, the Q+ Payment App is now available in the preferred language of the user, making the App and its payment options available to a much wider customer base covering the entire island.

The launch of the Sinhala version of Q+ Payment App took place at the Nihal Fashions complex in Nittambuwa, and was supported with a Cashback offer for QR payments for purchases from the merchant, the Bank said. The event was attended by the Head of the ComBank Card Centre Mr Nishantha De Silva, the Bank’s Regional Manager – Colombo Metro Mr Hemantha Sooriyabandara, branch managers from the area, and the management and staff of Nihal’s Group.

The Tamil version of Q+ Payment App was launched at TCT Multi Trade Centre in Jaffna, also with the participation of the Bank’s Head of Card Centre Mr Nishantha De Silva, Regional Manager – Northern Mr A. Jeyabalan, several branch managers and senior Bank staff from the region and the management and staff of TCT Multi Trade Centre.

Positioned as the next dimension of payment options, the Q+ Payment App enables cardholders to pay through multiple payment options via their mobile phones including ‘Scan & Pay’ by scanning the merchant’s QR code. Since the launch, the app has undergone numerous functionality-enhancing upgrades. Besides all the multiple payment options it offers, Q+ Payment App has also been enabled for different methods of fund transfers and scheduled payment options supported by year-round attractive Cashback offers, promotions and lifestyle events.

Q+ Payment App is the only QR payment app in Sri Lanka that supports six types of QR codes – LankaQR, VisaQR, MastercardQR, UnionPayQR, Indian UPIQR & Alipay QR. It was adjudged the Best Mobile App for Retail Payments in Sri Lanka for the last two years by LankaPay.

Sri Lanka’s first 100% carbon neutral bank, Commercial Bank is the largest private sector bank in Sri Lanka and the first Sri Lankan bank to be listed among the Top 1000 Banks of the World.

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