Fintech PR
FS-ISAC ANNOUNCES EUROPE BOARD OF DIRECTORS
Board to bolster information sharing across the European and global cyber threat landscape
THE HAGUE, Netherlands, June 27, 2023 /PRNewswire/ — FS-ISAC, the member-driven, not-for-profit organisation that advances cybersecurity and resilience in the global financial system, today announced the formation of its Europe Board of Directors. This reaffirms FS-ISAC’s commitment to protecting the global financial sector from rapidly evolving cyber threats by strengthening regional information sharing.
The Europe Board of Directors will oversee Europe-based activity as well as coordinate with the global Board of Directors to mitigate knowledge gaps based on geography. Daniel Barriuso, Group Chief Transformation Officer, Grupo Santander, will serve as the Board’s Chair.
“I’ve had the privilege of working with FS-ISAC to bolster the financial services sector’s collective defences through multiple threat cycles,” said Barriuso. “As the first Chair of the Europe Board of Directors, I look forward to strengthening the real-time information sharing community so critical to our sector’s resilience in today’s cyber threat landscape.”
In addition to helping to deepen FS-ISAC’s intelligence, security, and resilience work on the continent, the Europe Board of Directors will help build public-private partnerships and further relationships with other critical infrastructure sectors, including energy and telecommunications, as well as key third-party service providers. As the financial sector implements Europe’s Digital Operational Resilience Act (DORA), managing key risks such as those of the sector’s supply chain is increasingly a collaborative enterprise.
“The ever-changing cyber threat and regulatory landscape in Europe demands a localised group of experts who understand the similar markets and cultures in which we operate,” said Beate Zwijnenberg, Global CISO, ING, who serves as Director on both the Europe and global boards. “The financial services sector must come together to collectively navigate these changes and the creation of this Board is the next step in ensuring the experiences of FS-ISAC’s Europe-based members are incorporated into the global community.”
The regional leadership in Europe will also collaborate on FS-ISAC’s growing intelligence offerings in the fraud landscape, including identity fraud and business email compromise, as well as continue to discuss how generative AI is being used by malicious actors to adapt traditional cyber tactics, such as social engineering. AI has the potential to erode consumer trust in digital channels, and financial institutions need to take action to ensure the sector successfully adapts to this large-scale technological shift and the new risks that accompany it.
“Resilience of the financial services sector is not only accomplished through individual preparation, but also by a greater effort from the industry as a whole, both in Europe and around the world,” said Europe Board member Jayaraj Puthanveedu, MD, Global Head of Resilience, Cyber, and Digital Fraud, BNP Paribas. “Only the development of collective muscle memory, formed through cross-border exercising, local training, and collaboration, will build operational resilience on behalf of Europe’s financial sector and improve global response time in case of large-scale incidents.”
“Leveraging our collective knowledge and wisdom is crucial to staying ahead of our adversaries, avoiding re-inventing the wheel for best practices, and responding to incidents swiftly and decisively,” said Europe Board member Carsten Fischer, Deputy Chief Security Officer at Deutsche Bank. “This will undoubtedly improve the efficacy and efficiency of our threat analysis and mitigation efforts across the industry.”
“Given the borderless nature of the cyber threat landscape, it’s easy to feel that only global intelligence and global solutions are required. But it’s important to remember that markets and institutions all contain nuance based on their location,” said Steven Silberstein, CEO, FS-ISAC. “Creating this layer of board leadership focused on and specializing in Europe allows for us to better account for that nuance and enable FS-ISAC to share specific and actionable intelligence and best practices to our European members.”
Join the new Europe Board members at FS-ISAC’s 2023 EMEA Summit in Amsterdam, 6-8 November 2023. To register, click here.
About FS-ISAC
FS-ISAC is the member-driven, not-for-profit organisation that advances cybersecurity and resilience in the global financial system, protecting the financial institutions and the people they serve. Founded in 1999, the organisation’s real-time information-sharing network amplifies the intelligence, knowledge, and practices of its members for the financial sector’s collective security and defences. Member financial firms represent $100 trillion in assets in 75 countries.
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TAIPEI, Dec. 26, 2024 /PRNewswire/ — VIVOTEK (3454-TW), the global leading security solution provider, has once again demonstrated its outstanding commitment to sustainability. Participating for the first time in the 17th Taiwan Corporate Sustainability Awards (TCSA), VIVOTEK emerged victorious, earning the Sustainability Report Award for the Information, Communication, and Broadcasting Industry and the Taiwan Corporate Sustainability Excellence Award. These recognitions showcase VIVOTEK’s remarkable success in corporate governance, environmental protection, and social responsibility, affirming its dedication to sustainable growth.
Pioneering Sustainability with Dual Recognition
“For over seven years, VIVOTEK has independently published sustainability reports, actively driving and disclosing our internal sustainability initiatives.” said Allen Hsieh, VIVOTEK’s Spokesperson and Director of the Global Marketing Division. “These awards not only recognize our integrity and efforts in presenting operational performance, environmental data, and social impact but also serve as a strong motivation for us to continue advancing on the path of sustainable development.”
Driving Sustainability through AI Innovation
VIVOTEK delivers advanced AI-powered security solutions built on cutting-edge AI and edge computing technologies. Beyond innovation, the company drives green initiatives, reduces its carbon footprint, and fosters a sustainable, supportive workplace.
Committed to social responsibility, VIVOTEK leads the security industry’s sustainability efforts through its ‘Safety Map’ initiative. For four years, employees have formed security teams to enhance safety in neighborhoods, care centers, and schools with on-site assessments and improvement plans.
In 2024, VIVOTEK will expand its efforts to Hualien’s Dacheng Village, where it will help improve local safety environments and support cultural preservation and tourism revitalization. These actions reflect its dedication to sustainability, community well-being, and lasting societal contributions.
Security Sustainability as a Foundation for Social Impact
VIVOTEK proudly received two prestigious honors at the Taiwan Corporate Sustainability Awards, highlighting its dedication to sustainable practices. These accolades inspire the company to deepen its internal efforts and mark the start of an exciting new chapter.
Building on this achievement, VIVOTEK aims to strengthen its mission of becoming the world’s most trusted smart security brand. By aligning with global market needs and fostering collaboration with customers, partners, and employees, VIVOTEK is committed to shaping a sustainable future founded on mutual trust and shared success.
To learn more about VIVOTEK’s sustainability initiatives, please refer to the 2023 Sustainability Report.
View original content:https://www.prnewswire.co.uk/news-releases/vivotek-wins-double-honors-for-its-commitment-to-sustainability-302339223.html
Fintech PR
2024 Global Youth Design Contest on Chinese Characters Themed “Guiyang in Characters” Successfully Concluded
GUIYANG, China, Dec. 26, 2024 /PRNewswire/ — To fully implement the spirit of “carrying forward China’s cultural heritage” and “promoting the creative transformation and innovative development of fine traditional Chinese culture”, the 2024 Global Youth Design Contest on Chinese Characters Themed “Guiyang in Characters”, organized by the Publicity Department of the CPC Guiyang Municipal Committee and hosted by www.huanqiu.com, has successfully concluded on Dec.16. The contest drew thousands of teenagers from both China and abroad, who used cultural empowerment and innovative designs of Chinese characters to narrate and promote Guiyang.
At the “Colorful Guizhou • Literary Plateau” Farming and Reading Event, 59 outstanding works from 26 countries, along with 21 representative pieces from various countries and regions, were showcased. According to the organizing committee of the Global Youth Design Contest on Chinese Characters, “This exhibition serves as both a lasting commemoration of the event and a report to all those who care about the inheritance and promotion of Guiyang and Chinese culture.”
In their submissions, the teenagers selected Chinese characters or phrases they believed best represented Guiyang and reimagined them through innovative designs. Outstanding designs incorporated Guiyang’s iconic architecture and cultural landmarks into Chinese characters to present the city’s urban landscape and historical culture. Some works spotlighted Guiyang’s distinctive cuisine, offering a glimpse into the vibrant and diverse local culinary culture. Some other designs drew inspiration from martial arts villages in Guizhou and featured dragon motifs to symbolize the depth and vitality of Guizhou culture.
Saison from Tajikistan was among the participants in this year’s Global Youth Design Contest on Chinese Characters. Speaking about his design of the Chinese characters, he shared that his design sought to merge the beauty of Chinese characters with the charm of Guiyang. “Guiyang is a captivating place, known for its beautiful scenery, delicious food, and diverse ethnic minorities. I tried to incorporate the beauty of Guiyang into my Chinese character design, hoping to convey the city’s charm and the wonders of Chinese characters through my work.”
The contest officially opened for submissions on September 30. In an effort to boost public engagement and participation, a “cheerleading campaign” was organized for shortlisted works from November 22 to 29. Following expert reviews, 80 outstanding works were ultimately selected for public exhibition.
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View original content:https://www.prnewswire.co.uk/news-releases/2024-global-youth-design-contest-on-chinese-characters-themed-guiyang-in-characters-successfully-concluded-302339323.html
Fintech PR
Markets Show Resilience Ahead of End-of-Year Options Expirations: Bybit x Block Scholes Crypto Derivatives Report
DUBAI, UAE, Dec. 26, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, released the latest Crypto Derivatives Analytics Report in collaboration with Block Scholes, highlighting the muted market volatility despite major options expirations on Friday. BTC and ETH’s realized volatility has increased, but short-term options haven’t adjusted to this change. This indicates that while spot prices are fluctuating, the options market is not fully reacting to these shifts, although BTC and ETH volumes have displayed slightly different patterns.
With more than $525 million in BTC and ETH options contracts expiring on Dec 27, 2024’s end-of-year options expiration looks set to be one of the biggest yet, yet expectations for volatility have remained subdued. The report highlights an unusual inversion in ETH’s volatility structure, but BTC has not mirrored the reaction. Additionally, a change in funding rates—sometimes turning negative as spot prices drop—signals a new market phase. Notably, BTC’s volatility structure has been less responsive to changes in spot prices, whereas ETH’s short-term options are exhibiting more noticeable fluctuations.
Key Findings:
BTC Options Expirations:
In the past month, BTC’s realized volatility has been higher than implied volatility on three occasions, each time reaching a relatively calm equilibrium. Open interest in BTC options remains high, contributing to potential increased volatility as we near the end of the year. Around $360 million worth of BTC options (both puts and calls) are set to expire soon, which can affect price movement.
ETH Options: Calls Dominate
Despite a mid-week inversion, ETH’s volatility term structure has flattened, maintaining levels similar to those seen over the past month. In the final week of 2024, calls overwhelmed puts in open interest in ETH options, although market movements and trading activities are more on the put side.
Access the Full Report:
Gain deeper insights and explore the potential impacts on your crypto trading strategies by downloading the full report here: Bybit X Block Scholes Crypto Derivatives Analytics Report (Dec 24, 2024)
#Bybit / #BybitResearch
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
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View original content:https://www.prnewswire.co.uk/news-releases/markets-show-resilience-ahead-of-end-of-year-options-expirations-bybit-x-block-scholes-crypto-derivatives-report-302339299.html
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