Microsoft focuses on tackling the global fight against large-scale cyberattacks
‘Small-and-medium businesses are particularly vulnerable to cybersecurity threats’
Microsoft Corp. has announced new products, employee plans, and guidance to tackle the global fight against increasingly large-scale and complex cyberattacks.
The cybersecurity landscape has fundamentally changed due to large-scale, complex attacks in recent times. Hackers launch an average of 50 million password attacks every day—579 per second, and phishing attacks have increased. Firmware attacks are on the rise, and ransomware has become incredibly problematic. Microsoft had intercepted and thwarted a record-breaking 30 billion email threats last year and is currently actively tracking 40 plus active nation-state actors and over 140 threat groups representing 20 countries.
According to Microsoft Defender Antivirus’ telemetry, malware encounter rates in Asia Pacific have increased – 12% in Sri Lanka; 23% in Australia; 80% in China; 15% in India; 16% in Japan; 19% in New Zealand; and 43% in Singapore over the past 18 months, spanning pre-pandemic to now. As a subset of malware, ransomware encounters have also increased 74% in Sri Lanka; 453% in Australia; 463% in China; 100% in India; 541% in Japan; 825% in New Zealand; and 296% in Singapore over the same period.
According to Microsoft’s Work Trend Index1, 53% of people surveyed in Asia plan to move because they can now work remotely – this is slightly higher than the global figure of 46%, pointing to the urgency for security to address this new way of working.
Mary Jo Schrade, Assistant General Counsel, Regional Lead, Microsoft Digital Crimes Unit Asia, shared, “Most of our region has transitioned to remote working over the past year. As we continue the need to work from home either full time or part time, we need to adopt more tools and build our defenses against potential cyberattacks. In Asia, adopting multi-factor authentication together with a Zero Trust approach are the foundations to safer work from home or hybrid work scenarios.”
Small-and-medium businesses (SMBs) are particularly vulnerable to cybersecurity threats – in Asia Pacific, SMBs make up more than 98% of enterprise and employ 50% of the workforce2, comprising an integral part of the region’s social and economic well-being. However, a large percentage of SMBs do not know how to protect their companies, lack dedicated IT staff and have inadequate computer and network security.
Pelwatte Dairy-led Chef’s Guild supported Chef Event energises Sri Lanka tourism
Pelwatte Dairy, the leading local dairy brand in Sri Lanka that produces a range of dairy products and saves valuable foreign exchange, recently stepped into promoting a cornerstone in Sri Lanka’s culinary and hospitality sectors, the chefs of Sri Lanka.
The Chef Event held at Amagi Aria Hotel, Negombo, and organized by Pelwatte Dairy in partnership with the Chef’s Guild of Lanka, became a viable networking platform for the culinary experts while also giving a significant boost to their professional and skills development. The other partner of the event was the Amagi Aria Hotel.
SLT-MOBITEL Enterprise becomes SriLankan Airlines’ total communication solutions provider
SLT-MOBITEL Enterprise, the National ICT Solutions Provider, dedicated in their service to delivering best-in-class technology for the enterprise segment has signed a bilateral agreement with SriLankan Airlines with the support of Millennium IT ESP. The Managed Services Excellence event was held recently at the Jetwing Blue Hotel in Negombo.
Under this agreement, SLT-MOBITEL Enterprise will manage Service Solutions for SriLankan Airlines including Data Networking Services, Enterprise Business Internet Services, Wi-Fi Services including equipment and infrastructure, and Voice solutions.
“SLT-MOBITEL is proud to partner with SriLankan Airlines in delivering the best possible communication solutions. This partnership builds upon the strong history of collaboration between our two companies and demonstrates our shared commitment to serving Sri Lanka. By leveraging SLT-MOBITEL’s enterprise-grade services and solutions and Millennium IT ESP’s expertise, SriLankan Airlines will be able to operate more efficiently and better serve our country and its citizens,” said Janaka R. Abeysinghe, CEO of SLT.
Orient Finance earns Great Place to Work Certification for second year
Orient Finance PLC, a member of the Janashakthi Group, has received the prestigious Great Place to Work® Certification™ for the 2nd consecutive year reinforcing their position as a great workplace in Sri Lanka, and reflecting the company’s dedication to fostering a positive work culture for their employees who are considered the organization’s most valuable assets.
Great Place to Work® is an independent analyst that conducts anonymous employee surveys and culture audits to evaluate workplace practices and culture. Based on their analysis, they help organizations develop high-trust, high-performance workplace cultures that promote employee well-being and business success. To become certified, companies undergo a thorough vetting process that includes employee feedback, workplace policies, and practices. The Certification™ is based on a rigorous evaluation of company culture, which includes an assessment of trust, fairness, respect, and camaraderie in the workplace.
Orient Finance, as they celebrate this noteworthy achievement, also highlights the organization’s participation rate of 81% in the Great Place to Work® Trust Index© employee perception survey that indicates the commitment of their employees for engagement, and receptiveness to take action in order to build an exceptional workplace culture.
Orient Finance considers a supportive and optimistic work environment to be crucial to the success of the overall organization. Weighing on this, Director / Chief Executive Officer K.M.M. Jabir shared his thoughts: “Receiving the Great Place to Work® Certification™ for a second year has confirmed that our ongoing efforts to cultivate a thriving workplace culture have been successful. We are proud of this achievement, but we understand the importance of leveraging it to further improve employee experiences, engagement, and retention. We remain committed to fostering a positive and supportive work environment that encourages innovation and creativity, as we believe that this is crucial for any organization to succeed.”
Progressively, Orient Finance PLC has established itself as a customer-focused financial service provider that prioritizes innovation and offers exceptional products and customer service. With 31 branches across Sri Lanka, the company provides an array of tailored financial services which includes mobilization of Deposits, Savings Accounts, Leasing, Hire Purchase, Gold Loans, Alternative Finance Solutions, Corporate Financing and more.
The Company is a member of the Janshakthi Group, which operates in the finance, insurance, and investment sectors. The ‘Janashakthi’ brand embodies a strong culture of unity and collaboration, rooted in the Group’s values of ethics, honesty, transparency, performance, respect, and collaboration. The Group also promotes diversity and merit-based decisions as part of its growth culture initiatives, creating a vibrant and rewarding workplace for all employees.
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