Category Archives: Asia Pacific

Airwallex raises $200M at a $4B valuation to double down on business banking

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Business, now more than ever before, is going digital, and today a startup that’s building a vertically integrated solution to meet business banking needs is announcing a big round of funding to tap into the opportunity. Airwallex — which provides business banking services both directly to businesses themselves, as well as via a set of […] Continue reading Airwallex raises $200M at a $4B valuation to double down on business banking→

IDC: Asia-Pacific spending on AI systems will reach $5.5 billion this year, up 80 percent from 2018

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Spending on artificial intelligence systems in the Asia-Pacific region is expected to reach $5.5 billion this year, an almost 80 percent increase over 2018, driven by businesses in China and the retail industry, according to IDC. In a new report, the research firm also said it expects AI spending to climb at a compound annual […] Continue reading IDC: Asia-Pacific spending on AI systems will reach $5.5 billion this year, up 80 percent from 2018→

Kong raises $43M Series C for its API platform

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Kong, the open core API management and lifecycle management company previously known as Mashape, today announced that it has raised a $43 million Series C round led by Index Ventures. Previous investors Andreessen Horowitz and Charles River Ventures (CRV), as well as new investors GGV Capital and World Innovation Lab also participated. With this round, […] Continue reading Kong raises $43M Series C for its API platform→

Violent Piracy in Southeast Asia – A Feature of the Past?

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ReCaap’s July 2018 Monthly Report recorded not only a year-on-year decline in piracy incidents for January to July compared to 2017, but also a significant reduction in the number of violent incidents. ReCaap recorded no ‘Category 1’ … Continue reading Violent Piracy in Southeast Asia – A Feature of the Past?→

Southern Philippines: Regular kidnappings in 2018 show kidnap for ransom remains a serious concern

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PDF Download Militant groups retain capability and intent to target nationals On 28 June 2018 a kidnap for ransom group based in Zamboanga, southern Philippines, kidnapped six persons and demanded a ransom sum of PHP400,000 (USD7,500) for their release… Continue reading Southern Philippines: Regular kidnappings in 2018 show kidnap for ransom remains a serious concern→

Why emerging APAC markets are prime targets for the malware of the future

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Cybercriminal activity continues to be heavily targeted toward the US and Europe. But emerging APAC markets are even more susceptible to malware attack. Here’s why.
Categories:

Cybercrime
Malware

Tags: AndroidAsia-Pacificcybersecuritycybersecur… Continue reading Why emerging APAC markets are prime targets for the malware of the future→

New Magniber Ransomware Targets South Korea, Asia Pacific

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Researchers identified a new ransomware family called Magniber that uniquely only targets users in South Korea and the Asia Pacific regions. Continue reading New Magniber Ransomware Targets South Korea, Asia Pacific→