Blockchain has moved beyond the hype and is now being embraced across industries for its ability to save money, build trust, and boost competitiveness in the digital economy. As more businesses transition from Web2 to Web3, even companies in more traditional industries are realising the benefits of blockchain in enhancing security and transparency, and cutting out intermediaries. Blockchain is here to stay—so let’s explore how Kumo, a new venture by Vodworks, can help you adopt this transformative technology.

Vodworks’ Blockchain Expertise

Vodworks has been a leader in software development, providing bespoke solutions for global clients such as EA, Canal+, and True Corporation. Specialising in outsourcing and augmented teams, Vodworks supports partners across industries like Media & Entertainment, Telecommunications, Fintech, and Compliance. Since 2018, their R&D team has been committed to advancing Web3 and blockchain adoption, developing decentralised finance (DeFi) platforms and Web3 games to overcome mass adoption challenges.

Introducing Kumo: Blockchain Where It Matters

Originally a Vodworks project, Kumo is now an independent company offering an enterprise blockchain platform and custom blockchain development services. Kumo delivers real-world value through practical use cases such as:

• Loyalty Programs: Transform customer engagement with tokenized rewards.
• Gaming: Enable the creation and trading of in-game assets.
• Identity Management: Issue secure, verifiable digital credentials.
• Fan Engagement: Deepen fan relationships through interactive experiences.
• NFT Marketplaces: Launch marketplaces in hours.
• Real Assets: Tokenize physical objects to improve security and transparency.

Trusted by Avarik Saga, Veve, NiiFi, Pixel.Inc, and more, Kumo partners with Web3Auth, Microsoft, Coinbase, Metamask, and others to make blockchain accessible and impactful for all clients.

“Kumo’s ongoing development and successful project implementations highlight our commitment to pushing the boundaries of blockchain technology.”
— Sakib Mirza, CEO of Kumo & Vodworks

Your Future with Kumo

Whether you’re exploring blockchain for the first time or you’re an established Web3 company, Kumo’s global team is ready to tackle your challenges and deliver results. Vodworks will continue to provide world-class software development across industries, while Kumo focuses exclusively on blockchain and Web3.

Reach out to Kumo for a free consultation and start building the future of tech today.

Have you read?
Most Fashionable Countries. Best Countries For Business Expats. Best Non-Native English Speaking Countries. Countries With the Largest Household Size. Best Countries For Older People To Live In.

Add CEOWORLD magazine to your Google News feed.

Follow CEOWORLD magazine headlines on: Google News, LinkedIn, Twitter, and Facebook.

Copyright 2024 The CEOWORLD magazine. All rights reserved. This material (and any extract from it) must not be copied, redistributed or placed on any website, without CEOWORLD magazine’ prior written consent. For media queries, please contact: info@ceoworld.biz

President His Highness Sheikh Mohamed bin Zayed Al Nahyan met with Microsoft CEO Satya Nadella, BlackRock CEO Larry Fink, and Nvidia CEO Jensen Huang in Washington, D.C., to discuss the rapid advancements in technology and artificial intelligence (AI). These meetings were part of Sheikh Mohamed’s official visit to the United States and centered on the opportunities created by these technological innovations, as well as the growing collaboration between the UAE and the U.S. in the tech sector.

The discussions highlighted the existing partnerships between the two nations, including the recent collaboration between UAE-based G42 and Microsoft, along with the newly announced Global AI Infrastructure Investment Partnership. This initiative involves MGX, a UAE technology company, along with Microsoft, BlackRock, and other major stakeholders, aiming to significantly enhance global investment in AI to drive development and prosperity worldwide.

During the meetings, Sheikh Mohamed reiterated the UAE’s strong commitment to investing in AI and advanced technology to support its national development goals. He emphasized the need for increased cooperation with international partners, noting that the responsible application of AI and cutting-edge technology has the potential to accelerate progress and create economic opportunities for communities across the globe.

The CEOs of Microsoft, BlackRock, and Nvidia expressed their enthusiasm for continuing to collaborate with the UAE in the field of advanced technology, acknowledging the importance of the country’s AI strategy and its potential to drive innovation and global growth.

Have you read?
The Daunting CEO Agenda: What it Means for Communications.
How to Write Attractive Book Proposals? Jennifer Scott Pens Some Tips.
The Psychology Tool Leaders Can Use to Increase Productivity.
Generative AI Offers Major Benefits for Independent Workers.
7 things I didn’t know about flying business class.

Add CEOWORLD magazine to your Google News feed.

Follow CEOWORLD magazine headlines on: Google News, LinkedIn, Twitter, and Facebook.

Copyright 2024 The CEOWORLD magazine. All rights reserved. This material (and any extract from it) must not be copied, redistributed or placed on any website, without CEOWORLD magazine’ prior written consent. For media queries, please contact: info@ceoworld.biz

In today’s business world, the rise of remote work is an undeniable trend that’s reshaping industries. The benefits vary from increased flexibility to reduced office costs, the list being endless. The greater the power, the greater the responsibility, and this brings a new set of challenges, especially for cybersecurity. To executives, securing a distributed workforce means much more than protection against sensitive data breaches but also stakeholder and employee trust, and client trust.  

Of these, being well-informed ranks among the top ways executives will be able to confront these new challenges. In the first instance, make sure that all devices are well-guarded. Using the right solution, such as a VPN adds extra security to the remote work arena against external dangers and keeps communications safe while minimizing vulnerabilities.

The following article shall look at some of the main security strategies that executives should adopt to keep their remote workforce safe, looking into practical yet robust measures that can fortify company systems from cyber threats.

1. Development of a Sound Security Policy: Working remotely would automatically mean that companies re-strategize on security matters from a holistic point. A good policy will clearly outline the requirements of strong passwords for data encryption. To the executives, the establishment of policies that can be workable and relayed to the team is paramount. Security protocols should not be compromised, and changes should routinely be addressed across the company for common knowledge.

   Establish levels of access for employees based on the nature of their positions. Not every employee needs to have access to all the information within the company. Since this forms a principle of least privilege, it does reduce the risk in case an individual’s device or account gets compromised.

2. Virtual Private Networks: The need for safe internet access is quite crucial in those cases when employees log in from different locations. Public networks can be a real treasure for cyber threats; therefore, it would be a must to make VPNs an essential tool for such situations.

   A VPN creates an encrypted tunnel for online activity to pass through, making sure sensitive information does not fall into the hands of malicious actors. A relatively reliable VPN for Mac, Windows or other device is a pretty straightforward solution that keeps employees working on their devices safely and securely while giving them remote access to the company’s systems.

   This is a case where executives need to make VPNs mandatory for their remote workers, especially so when their personnel are connecting to public Wi-Fi or unsecured networks. Subsidizing company subscriptions for VPNs incentivizes correct use and reduces risks associated with non-protected connections to the internet.

3. Multi-Factor Authentication – Implement: Passwords are no longer sufficient to protect business data. With phishing techniques becoming more advanced, and credential-stuffing attacks becoming rampant, businesses must make use of multi-factor authentication. MFA forces users to verify their identities in two or more ways: for instance, an application on a mobile device or fingerprint identification in addition to a password.

   The executives should be supportive of the adoption of MFA for all systems and devices. On the other hand, encouraging MFA among all your employees provides you with additional lines of defense, minimizing the possibility of unauthorized access even in the case of compromised passwords.

4. Employ Endpoint Security Solutions: This in turn will mean that every endpoint in a remote work setup, laptop, smartphone, or tablet should be secured. Executives are supposed to invest in solutions for endpoint security to provide antivirus, firewalls, and other monitoring tools in order to protect them from malware and malicious attacks.

   It would be of great help if a centralized system allowed IT administrators to monitor all remote devices for early detection and prevention from propagation of various attacks. This emanates from the fact that all remote working devices need to be enrolled in a comprehensive endpoint security program to ensure corporate systems retain their integrity.

5. Employee Training in Cybersecurity Best Practices: Human error is still one of the most common causes of data breaches. Working remotely, especially for employees who have limited knowledge in IT, poses a greater risk to the company whenever an employee clicks on a phishing link or uses weak passwords. Continuous training in cybersecurity will better prevent such risks.

   This can be achieved by incorporating regular cybersecurity training into the onboarding and ongoing education of employees. This should use engaging formats, including webinars, workshops, or gamified modules to enhance retention. Areas to cover would include how to identify and avoid phishing scams, how to use secure passwords, and the importance of Wi-Fi connections.

6. Leverage Cloud Security and Secure Collaboration Tools: When people are working from home, cloud services for storing and sharing data are in heavy use. The cloud offers great convenience, but the risks have to be kept under control. Cloud providers that offer strong security measures together with end-to-end encryption have to be used. An executive should ensure that each utilized cloud platform complies with an industry requirement for data security.

   Also, collaboration tools used for communication—be it video conferencing or project management software—should be scrutinized on security grounds. Ensure these platforms provide encryption and various access controls to block unauthorized access to company meetings and data.

7. Regular System Updates and Patching: This is because outdated software provides an avenue of entry for cybercriminals. Secondly, it remains one of the easiest ways to prevent vulnerabilities by keeping software, applications, and systems updated and patched. As an executive, it is about leading from the front-end, while the rest of the organization should be encouraged to do precisely the same.

   Automate the updates when possible, and teach employees to do regular updates of other software. Remind employees that delayed updates let threats loose on their device-and by extension, onto the company at large.

8. Ensure Data Encryption is done: Encryption of data is very important in terms of security. Whether data is in transit or at rest, encryption makes sure that even in the case of a breach, the compromised data remains unreadable by unauthorized users. Encryption is very important, especially for remote employees who are normally working out of the confines of the office network. The executives should support encryption at all hierarchies of communication, from emails to stored files, by providing employees with tools that will make encryption user-friendly.
9. Backups of Significant Data on a Regular Basis: Data can be lost for any number of reasons, from cyber-attacks to simple deletion. A robust backup system means that the company is able to restore operations quickly in the event of an occurrence. Regular automated backups to secure locations mean executives will sleep better, knowing that their valuable information is safe. Additionally, management should ensure that personnel are informed of how to recover data at any moment in time and from time to time should test the backup system to ensure it functions properly.
10. Real-Time Threat Detection and Response: Proactive monitoring for threats allows for early recognition when a small issue might be getting out of hand and could blow into a full-scale crisis. Real-time threat monitoring tools can help in discovering unusual activity and thus warn the IT teams to take needful action. Executives should apportion resources to develop a SOC or use a third-party service to provide 24×7 monitoring for the organization.

    It is equally important to clearly define what an incident response plan is. Executives have to make sure that a well-defined process of handling breaches exists right from identifying the attack, isolating the systems affected, damage mitigation, and down to stakeholder notification.

Final Thoughts 

Remote work is here to stay, and with it comes the responsibility of executives to take due care of company data and systems. A strong security policy, VPNs, endpoint security solutions, and other software, combined with proper employee training in cybersecurity best practices, will continue to reduce the risks of working remotely.

The key to success here is being always alert, proactive, and adaptive. Since cyber threats change with each new day, so must the security that guards the remote employee. By placing security first, the executives will set a successful story of remote work for their organizations for life, where flexibility and safety go hand in hand.

Have you read?
Best Hospitality And Hotel Management Schools In The World.
World’s Most Powerful Passports.
Richest Countries In The World.
Poorest Countries In The World.

Add CEOWORLD magazine to your Google News feed.

Follow CEOWORLD magazine headlines on: Google News, LinkedIn, Twitter, and Facebook.

Copyright 2024 The CEOWORLD magazine. All rights reserved. This material (and any extract from it) must not be copied, redistributed or placed on any website, without CEOWORLD magazine’ prior written consent. For media queries, please contact: info@ceoworld.biz

Google is rolling out updated Street View imagery across nearly 80 countries, including Australia, Brazil, Denmark, Japan, the Philippines, Rwanda, Serbia, and South Africa. This update will also introduce Street View to several countries for the first time, including Bosnia and Herzegovina, Namibia, Liechtenstein, and Paraguay.

The tech giant credits its portable Street View camera, launched in 2022, for expanding coverage and enabling the capture of more locations. Google noted that this technology will allow for even greater geographical reach in the future.

In addition to the Street View updates, Google Maps and Google Earth will now feature sharper satellite imagery. This improvement is made possible by Google’s cloud-removal AI tool, which eliminates clouds, shadows, haze, and mist from satellite photos, resulting in clearer, brighter, and more vibrant images.

Moreover, Google Earth will soon allow users to access historical imagery through its web and mobile apps, a feature that was previously limited to the desktop version, Google Earth Pro. This update will make it easier to view and compare satellite and aerial images of various locations over time.

Have you read?
Most Heavily Armed Tanks Ever Built By Russia.
Countries with the most F-15 Eagle fighter jets.
Countries with the Most F-35 Lightning II Stealth Fighter Jets.
The Role of Chief Artificial Intelligence Officers (CAIOs) – Are They Needed and What Impact Can We Anticipate?
5 Ways to Ensure You Have Cash Flow When Starting a Business.

Add CEOWORLD magazine to your Google News feed.

Follow CEOWORLD magazine headlines on: Google News, LinkedIn, Twitter, and Facebook.

Copyright 2024 The CEOWORLD magazine. All rights reserved. This material (and any extract from it) must not be copied, redistributed or placed on any website, without CEOWORLD magazine’ prior written consent. For media queries, please contact: info@ceoworld.biz

HF Capital, the investment arm of the Haslam family based in Knoxville, has committed up to $725 million to support Ara Energy Decarbonization, a new unit of Ara Partners that aims to reduce carbon emissions in the energy sector across North America. The unit, led by former Pilot CEO Shameek Konar, will focus on acquiring energy companies and assets to help lower emissions. Ara Partners, a global private equity and infrastructure firm founded in 2017 to tackle climate change, made the announcement on September 16.

In 2023, Ara’s portfolio of 28 businesses achieved significant environmental milestones, cutting 10.8 million tons of carbon emissions and eliminating 424,000 tons of waste. As demand for electricity surges, particularly driven by AI technology and data centers, more attention has been directed toward the energy sector, which is responsible for approximately 75% of global greenhouse gas emissions.

Founded by James A. Haslam II in 1958, the Haslam family built Pilot into the largest travel center chain in North America and a key supplier of fuel to the transportation sector. Before selling Pilot to Warren Buffett’s Berkshire Hathaway, the Knoxville-based company was ranked the fifth-largest private company in the U.S. by revenue. Pilot is not involved in the current investment, according to a spokesperson for Ara Partners.

The Haslam family, including former Tennessee governor Bill Haslam and Cleveland Browns owner Jimmy Haslam, is considered the wealthiest family in Tennessee and one of the richest in the nation. They are 31st among the wealthiest U.S. families in 2023, with an estimated net worth of $14.4 billion.

Jimmy Haslam expressed his enthusiasm for the partnership with Ara in a press release, stating that HF Capital is proud to make a significant capital commitment to support Konar and his team as they lead the new decarbonization strategy. HF Capital’s investment portfolio spans traditional and renewable energy companies, including Arizona DF Renewables and solar developer Silicon Ranch, as well as ventures in insurance and food production.

Charles Cherington, co-founder and managing partner at Ara Partners, emphasized that Ara’s decarbonization plans would not disrupt energy production. He acknowledged the role of pollutive energy sources in the energy transition over the next few decades but stressed the importance of addressing carbon emissions head-on. Cherington stated that Ara intends to apply its proven methods and financing expertise to decarbonize the conventional energy value chain.

Ara operates out of offices in Boston, Houston, Washington, D.C., and Dublin, with a focus on reducing greenhouse gas emissions and improving waste management. As of June 30, the firm managed $6.3 billion in assets. Its strategy aims to combine significant potential for emissions reduction with strong financial returns. Among its investments is Genera, a Tennessee-based leader in producing compostable packaging from non-wood fibers, which Ara acquired in 2022.

Konar, who now leads Ara Energy Decarbonization, served as CEO of Pilot from January 2021 to April 2023, taking over from Jimmy Haslam before leaving the company after Berkshire Hathaway acquired an 80% controlling interest and appointed Adam Wright as CEO. During his time at Pilot, Konar oversaw the company’s expansion into renewable fuels and its partnership with GM to build a network of EV chargers. Under his leadership, Pilot generated $56.8 billion in revenue and sold more than 16 billion gallons of fuel in 2023.

Before his tenure at Pilot, Konar held roles at several energy firms, including Mercuria Energy Group and Constellation Energy. He also serves on the advisory board of the Haslam College of Business at the University of Tennessee at Knoxville, where he teaches courses on climate change and mergers and acquisitions as an adjunct professor. Along with Ara co-founder Cherington, Konar is a board member of the Conservation Fund.

Have you read?
The Daunting CEO Agenda: What it Means for Communications.
How to Write Attractive Book Proposals? Jennifer Scott Pens Some Tips.
The Psychology Tool Leaders Can Use to Increase Productivity.
Generative AI Offers Major Benefits for Independent Workers.
7 things I didn’t know about flying business class.

Add CEOWORLD magazine to your Google News feed.

Follow CEOWORLD magazine headlines on: Google News, LinkedIn, Twitter, and Facebook.

Copyright 2024 The CEOWORLD magazine. All rights reserved. This material (and any extract from it) must not be copied, redistributed or placed on any website, without CEOWORLD magazine’ prior written consent. For media queries, please contact: info@ceoworld.biz