Fintech PR
Top 5 questions to cover on cybercrime when looking at equity investing.
All companies, regardless of size or industry, are vulnerable to cyber threats like phishing scams, ransomware attacks, and data breaches, according to Prism Global Group.
LONDON, Oct. 27, 2023 /PRNewswire/ — In today’s digital age, the threat of cybercrime looms large over businesses and individuals alike. The need for robust cybersecurity solutions has never been more critical as the world becomes increasingly interconnected. To stay ahead of the curve, organisations must take proactive steps to protect their digital assets from malicious attacks.
Most companies that investors are looking at are proactive and vigilant in addressing cybersecurity threats. Cybersecurity must be prioritised, as it serves as an intelligent investment, safeguarding the firm’s assets and reputation and ensuring long-term success.
Alev Dover, CEO of Prism Global Group, stated: “Cybersecurity is a significant concern for businesses of all sizes and industries. Threats like data breaches, ransomware, and scams can lead to financial losses, reputation damage, and legal responsibility. Protecting your business against these threats is crucial.
Prism has identified five effective strategies to enhance cybersecurity. When investors look at the company that they wish to invest in, these controls are a helpful list to check against:
1. Is the firm regularly testing their defences and ensuring they are prepared for any possible situation?
As technology advances, the potential for security breaches increases. With each new addition to a company’s systems, such as users, applications, devices, and acquisitions, the complexity of cybersecurity grows. Therefore, organisations need a regular process that identifies security gaps, vulnerabilities, and loopholes before they lead to major incidents.
2. How is the firm implementing identity and access management systems?
To keep daily operations running smoothly and protect sensitive information from unauthorised access, it’s crucial to have a system that allows for appropriate data access to prevent internal breaches. Data breaches are caused by insider threats like misusing privileged access, weak or stolen passwords, unpatched applications, malware, social engineering, and physical attacks. To protect against both external and internal threats, it’s crucial that the firm has a robust data security program in place to safeguard sensitive data.
3. Does the firm conduct regular cybersecurity awareness training?
Equipping employees with cybersecurity knowledge and best practices is essential to defend against phishing and social engineering attacks. Providing education on identifying these types of attacks and understanding what information should not be shared is crucial. Every individual within an organisation can play a significant role in maintaining cybersecurity.
4. What Network Monitoring measures are in place?
Effective network security monitoring services safeguard organisations against potential security threats. By providing constant surveillance, these services enable prompt identification and response to suspicious activities, thus minimising the risk of a significant breach. To ensure maximum protection, it is crucial to have trained professionals monitoring the business network for any unusual behaviour that may indicate a potential attack.
5. Who at the firm is responsible for device discovery & continuous policy enforcement?
To improve network security, teams can identify and evaluate endpoints for vulnerabilities. If any issues are found, steps can be taken to address them, such as separating insecure endpoints from the rest of the network, and the problem can be quickly discovered and fixed if a resource violates established security policies. Newly installed devices that match a particular device profile with an active policy are also automatically protected.
Dover concluded: ‘From reading industry research and talking with our investment networks we can conclude that significant cybersecurity breaches cause material, short term declines in stock price and market share. These analyses are based on reviewing publicly disclosed breaches and tracking stock price post-breach.
Our company’s equity investment platform and products are highly secure in terms of cybersecurity. This assurance enables us to instil confidence for all our clients and the financial markets when they make long-term investment decisions. We maintain strict controls that undergo regular reviews to ensure the utmost security.
Notes to editors
About Prism Global Group
Prism Global Group is an innovator of a new equity orientated financial infrastructure.
The company was established in Sydney and has expanded its international footprint under CEO Alev Dover. PRISM moved its global HQ to London in 2022.
This disclaimer is for Prism Global Group Plc (Reg No: 14476793), Prism Global Group Ltd (ACN 630 730 415), Prism Global (UKEUR) Ltd (Reg No 13579812), Prism Operations Australia Pty Ltd (ACN650 476 378) and Prism Securities Australia Ltd (ACN 650 488 136) and any other associated entities referred to collectively as ‘Prism’.
Prism Operations Australia Pty Ltd is a Corporate Authorised Representative (authorised representative number: 1292289) of Sanlam Private Wealth Pty Ltd (“Sanlam”) which is the holder of an Australian Financial Services Licence (AFS Licence No. 337927).
Prism Global (UKEUR) Ltd (FRN: 999737) is an Appointed Representative of Sapia Partners LLP which is authorised and regulated by the Financial Conduct Authority (FRN: 550103) as an arranger for investments only. For avoidance of doubt, Prism Global (UKEUR) Limited does not manufacture or issue investments, and only arranges for deals in investments issued by Prism Group companies.
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BEIJING, Oct. 19, 2024 /PRNewswire/ — A report from China Daily
Officials have expressed confidence in China’s financial market and called for more efforts to ensure its constant stable development.
Recently, the People’s Bank of China has pushed for the implementation of a reduction in the reserve requirement ratio, a reduction in interest rates, four real estate financial policies and two policy tools to support the stable development of the capital market. These measures have bolstered market confidence, Pan Gongsheng, governor of PBOC,said at the opening ceremony of the Annual Conference of Financial Street Forum 2024 held in Beijing on Friday.
“To promote high-quality economic development and sustainable growth, it is necessary to grasp the dynamic balance between the economic growth rate and growth quality, internal and external factors, consumption and investment. Macro policies should focus more on expanding consumption, better managing the relationship between the government and the market, and creating a favorable legal and business environment,” Pan said.
With the theme “Trust and Confidence”, the opening ceremony of the annual conference gathered more than 350 attendees to share their insights.
As an important destination for international financial investment, Beijing witnessed a growth of more than 5 percent in its GDP over the first three quarters of 2024. During this period, the city established 40 new domestic and foreign financial institutions and attracted nearly 600 billion yuan ($84.4 billion) in direct financing. Also it saw the establishment of 1,255 new foreign-funded enterprises, an increase of 16 percent.
“Looking to the future, Beijing will accelerate the construction of a vibrant modern financial system and comprehensively enhance the level of serving the country’s financial management functions,” said Yin Li, secretary of the CPC Beijing Municipal Committee.
As an important platform for national open development, the conference is being held from Friday to Sunday, attracting more than 500 heavyweight participants from more than 30 countries and regions to hold discussions revolving around international cooperation in more than 40 activities.
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LONDON, Oct. 18, 2024 /PRNewswire/ — GBS Malta, a proud member of Global Education (GEDU), has launched a cutting-edge campus in the vibrant heart of San Ġiljan, marking a new era for student learning and campus life in Malta.
Maltese Minister for Education, Youth, Research and Innovation, the Hon. Dr Clifton Grima MP said:
“As a country, we (Government and Opposition) might argue over many things, but there are certain instances where we come together, because we know and understand that when there is unity, there is stability, and when there is stability, there is potential.”
Maltese Shadow Minister for Education and Trades, the Hon. Justin Schembri MP said:
“The establishment of this campus is a testament to GBS’ commitment to providing accessible, high-quality education that equips students with the knowledge and skills they need to thrive in today’s competitive market.”
GEDU Deputy CEO, Professor Ray Lloyd said this is a significant step forward.
“Our mission is to change lives through education and provide students with the tools, resources, and opportunities they need to succeed in an ever-changing world,” said Professor Lloyd.
“This new campus is a significant investment and as we continue to grow, GBS Malta will play a key role in our global strategy, creating a vibrant learning environment that empowers students to achieve their full potential and drive positive change in their communities.
“This investment has already boosted the local economy through the creation of skilled jobs, and it will boost the Maltese economy for years to come through continued job creation and more students spending money in local businesses.”
Director of Operations for GBS Malta, Allen Lofaro said the new campus is a game-changer for the organisation.
“At GBS Malta, we prioritise our students’ success by providing world-class facilities and resources to help them thrive academically and personally,” said Mr Lofaro.
“This new campus offers fully equipped ‘Smart Classrooms,’ a modern library, computer lab, and vibrant social spaces, ensuring our students have the best possible environment for both learning and leisure.
“We are excited to open this incredible space and continue our mission of changing lives through education.”
The campus is in the centre of St Julian’s, next to the North & South bus terminals for easy access.
We invite prospective students and partners to explore the new GBS Malta campus and discover how we’re reshaping the future of education in Malta.
Visit us in St. Julian’s or learn more here.
About GEDU: The Group offers a range of educational opportunities, including the full range of higher education qualifications, apprenticeships, and language schools. It has operations in 12 countries, including the USA, Canada, United Kingdom, Ireland, Germany, France, Spain, Malta, UAE, India, Saudi Arabia, and Australia. Its portfolio covers a wide range of subject areas and is characterised by a keen focus on both employability and student experience to maximise return on investment for students.
About GBS Malta: GBS is a higher education provider offering a range of sector-relevant courses across campuses in the UK, Malta and the United Arab Emirates. Working in partnership with several leading higher education providers, we deliver undergraduate and postgraduate programmes in banking, finance, accounting, business, healthcare – and more.
GBS HE Malta is a licenced Higher Education institution. Our licence has been approved by our regulator, Malta Further & Higher Education Authority (MFHEA) who is an independent, transparent, and international authority. Our courses are in line with the Malta Qualifications Framework and the European Qualification Framework.
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Fintech PR
Deepening International Friendship and Cooperation! The 6th China-CEEC Local Leaders’ Meeting Held in Yantai
YANTAI, China, Oct. 18, 2024 /PRNewswire/ — According to Shandian News reports:
On October 16th, the 6th China-CEEC Local Leaders’ Meeting was held in Yantai, Shandong. The four forums held during the event have built a new platform for local cooperation between China and Central and Eastern European countries.
The meeting featured two main forums, the Green and Low-Carbon Forum for Local Cooperation and Development and the High-Level Academician Forum for Local Agricultural Cooperation, and two parallel forums, the Industry-Education Integrated Development Forum and the Business Cooperation Development Forum. During the High-Level Academician Forum for Local Agricultural Cooperation, the China-CEEC Modern Agricultural Science and Education Innovation Alliance was established. Sixty-four scientific and educational institutions from China and CEEC will collaborate on high-quality education, technology, talent, and enterprise resources in the field of modern agriculture. The alliance aims to serve as a new platform for exchanges and cooperation, enhancing the cultivation of talents in modern agriculture.
Georgios Papadakis, Academician of the European Academy of Sciences and Professor of Shandong Agricultural University
Some very nice mushroom products that you produce in China. And this is really unique, for example, to be exported in other countries and also transfer the technology of producing probably these products in Central European countries. So there are really great opportunities for commerce, for increasing commerce between China and the Central European countries.
During the meeting, strengthening sister-province cooperation was also a highlight. Shandong and Vojvodina Province of Serbia officially signed an agreement on friendly cooperative relationship. The event also had four exhibitions, including the Photography Exhibition of Central and Eastern European Countries and the Exhibition of Traditional Chinese Medicine, to showcase the customs and traditions of CEEC and promote Shandong’s local culture and products. In the Qilu traditional medicine exhibition area, the pulse diagnosis and acupoint pressing experience area attracted many guests.
Todor Kushevski, Assistant to the Mayor of Kocani, North Macedonia
Definitely the medicine and traditional stuffs are very interesting. It’s not unusual for our country. However, it is very nice to see such things, but also these technologies which we have opportunity also to see during the forum. It’s very interesting.
Video – https://mma.prnewswire.com/media/2534522/175_1729243804.mp4
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