The partnership provides actionable intelligence and deeper insight on the threat landscape, enabling enterprises to proactively detect and contain targeted and advanced threats

SINGAPORE – Media OutReach – 19 October 2021 – Ensign InfoSecurity (Ensign), Asia’s largest pure-play cybersecurity firm, announced today its partnership with Intel 471, a premiere cybercrime intelligence provider.

The new partnership marks another milestone in Ensign’s expansion plan in South Korea as it reinforces its footprint in the market, further strengthening its position as a leading provider of end-to-end cybersecurity solutions.

The government in South Korea, one of the region’s most digitally connected markets, recently announced a US$2.6 billion investment in hyperconnectivity and emerging technologies like cloud and blockchain. These technologies will also be rolled out in key sectors including manufacturing, healthcare, education and the public sector ^[1] . As digitalisation efforts accelerate across key industries, the digital attack surface of enterprises will continue to expand, exposing them to new vulnerabilities and cyber threats.  

“With enterprises scaling up their digital initiatives, they will require more data, and richer and relevant insights to strengthen their cybersecurity strategy, and customise their cyber defences,” said General Manager Sam Goh at Ensign Korea. “To this end, we can enable South Korean organisations to shift gears and take a proactive, intelligence-led cybersecurity stance, improving their cyber resilience as they expand their digital estate.”

“As the number of cyber attacks accelerate and threat actors continue to evolve at an alarming pace, prioritised, relevant, and timely insights into the cyber underground could not be more critical for enterprises around the globe,” said Chief Executive Officer, Mark Arena at Intel 471. “This partnership between Intel 471 and Ensign InfoSecurity will provide enterprises in South Korea with a growing repository of rich threat intelligence to better anticipate and make proactive decisions for threat detection and analysis, incident response and remediation.”

About Ensign InfoSecurity

Ensign InfoSecurity is the largest, pure-play end-to-end cybersecurity service provider in Asia. Headquartered in Singapore, Ensign offers bespoke solutions and services to address their clients’ cybersecurity needs. Their core competencies are in the provision of cybersecurity advisory and assurance services, architecture design and systems integration services, and managed security services for advanced threat detection, threat hunting, and incident response. Underpinning these competencies is in-house research and development in cybersecurity. Ensign has two decades of proven track record as a trusted and relevant service provider, serving clients from the public and private sectors in the Asia Pacific region.

For more information, visit www.ensigninfosecurity.com or email marketing@ensigninfosecurity.com

About Intel 471

Intel 471 empowers enterprises, government agencies, and other organizations to win the cybersecurity war using near-real-time insights into the latest malicious actors, relationships, threat patterns, and imminent attacks relevant to their businesses.

Our TITAN platform collects, interprets, structures, and validates human-led, automation-enhanced results. Clients across the globe leverage this threat intelligence with our proprietary framework to map the criminal underground, zero in on key activity, and align their resources and reporting to business requirements. Intel 471 serves as a trusted advisor to security teams, offering ongoing trend analysis and supporting your use of the platform. Learn more at https://intel471.com/.

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Attackers rely on small-sized patterns to avoid detection, as predicted by Nexusguard researchers

SINGAPORE – Media OutReach – 19 October 2021 – Small bit-and-piece DDoS attacks (distributed denial of service) boomed by 233% in the first half of 2021, revealed Nexusguard researchers in the Threat Report FHY 2021. As the pandemic carried on into 2021, hackers experimented with new attack patterns to avoid signature-based detection. In the first half of 2021, more than 99% of all DDoS attacks were smaller than 10Gbps, as Nexusguard had predicted in 2020. These small, nimble attacks can cripple communications service providers (CSPs) and Internet service providers (ISPs) if they leave detection to threshold or signature-based methods alone.

Attackers are continuing to diversify their approaches with bit-and-piece attacks to bring down target networks and infrastructures. More than 95% of attacks were smaller than 1Gbps each, of which Nexusguard analysts believe a majority were launched using readily available and inexpensive DDoS-for-hire services. Rather than launching large bandwidth attacks against their targets, researchers noted that perpetrators chose to employ attacks using high packet-rate loads of small-sized traffic from DDoS-for-hire services, with the aim of evading DDoS mitigation detection systems.

“The high level of intricacies behind communications service provider networks causes them to generally allow all types of traffic to pass through, which leads to smaller or spoofed types of attacks to strike undetected,” said Juniman Kasman, chief technology officer of Nexusguard. “Behavioral detection and mitigation approaches are strongly recommended for targeted networks since they can compare peacetime with battles and take a wider range of factors into consideration than anomalous thresholds or attack signatures.”

Traffic spoofing and UDP-style attacks were popular in the first half of the year, with an 84% increase in UDP attacks compared to the previous six months. Nexusguard observed several types of UDP attacks in use, one of which can cause “Black Storm” attacks theorized in recent research. Nexusguard researchers witnessed several service providers bear the brunt of DDoS attacks, including  China Telecom, China Unicom, Vodafone Türkiye, Türk Telekom, Turkcell İletişim Hizmetleri A.S. receiving the highest concentrations of malicious traffic. Nexusguard advises CSPs to use deep learning-based detection methods, which can help CSPs analyze huge amounts of data quickly and accurately while overcoming the inefficiencies inherent in threshold or signature-based methods.

Nexusguard’s TAP100 Program helps CSPs quickly launch anti-DDoS capabilities to protect customers. The TAP100 Program removes the hardware barriers associated with typical anti-DDoS service ramp-up, allowing CSP product teams and C-suites to capture new revenue opportunities and ensure superior customer service.

Read Nexusguard’s Threat Report FHY 2021 for more mitigation details based on data gathered from CSPs, honeypots, botnet scanning and research on traffic moving between attackers and their targets.

About Nexusguard

Founded in 2008, Nexusguard is a leading cloud-based distributed denial of service (DDoS) security solution provider fighting malicious internet attacks. Nexusguard ensures uninterrupted internet service, visibility, optimization and performance. Nexusguard is focused on developing and providing the best cybersecurity solution for every client across a range of industries with specific business and technical requirements. Nexusguard also enables communications service providers to deliver DDoS protection solution as a service. Nexusguard delivers on its promise to provide you with peace of mind by countering threats and ensuring maximum uptime. Visit www.nexusguard.com for more information.

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SYDNEY, AUSTRALIA – Media OutReach – 19 October 2021 – KVB Global Capital Limited (hereinafter referred to as “KVB Global Capital”) is pleased to announce it now connects with Xero, the global small business platform. KVB Global Capital aims to simplify cross-border payment processes and comprehensively improve financial workflows for SMEs, combining the advantages of GCFX to further reduce the costs of engaging in global business.

With the rapid changes in the global economy, even though several SMEs are expanding their business globally to increase profits, cross-border payment has become a stumbling block of business development. Given the growing demand by SMEs for international payments, KVB Global Capital now offers multi-currency cross-border payments with competitive exchange rate advantages and a global payment network.

Business users only need to connect their GCFX account with Xero to enjoy two major benefits: 1) Automatic bank feeds – Transactions conducted through GCFX will be automatically synchronized to their Xero account daily, without the need for re-entry of data,  simplifying the reconciliation process for the finance team; 2) Express FX payments  of  bills – With the GCFX app, available in the Xero App Store, users can manage payment instructions by currencies, recipients or due dates, and enjoy  a competitive exchange rate to cater for their different business and geographic needs. 

Ms. Ning Sun, Executive Director of KVB Global Capital, shares her views on this cooperation: “We are pleased to work with Xero in empowering SMEs engaged in global businesses, and reducing the time and money spent on cross-border settlement for them, along with enjoying an efficient and convenient funds transfer experience.” 

To enhance the customers’ experience in using currency exchange services, there is another partnership with Alipay that was established at the beginning of this year to provide customers with a one-stop seamless cross-border money transfer service securely and speedily, anytime & anywhere. The cooperation with Xero will further strengthen and support SMEs in cross-border settlements. KVB Global Capital’s integration with Xero will be initially launched in Australia and then connected into other countries and regions later. 

About KVB Global Capital

KVB Global Capital Limited is an international financial services conglomerate specializing in corporate forex and treasury management, global currency settlement and remittances, hedging and wealth management, financial technology, asset management and security trading. We have established multiple licensed presences in Auckland, Sydney, Melbourne, Toronto and Hong Kong. By providing 24-hours-a-day electronic trading service, KVB aims to bring our customers a truly globalized service network.

For more information, please visit https://www.kvbgc.com/.

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