Security 101 talked about using another Utah company’s radar to detect drones posing a threat. It produces economical radar that is currently being used on every continent and in 23 countries by everyone from the National Park Service to the military.
The latest headlines, breaking news updates and information on new contests, right to your inbox! Active vulnerabilities can present a serious threat to organizations, which is why many are turning to intelligence solutions to spot and manage security issues. Cloud-based security and compliance specialist Qualys is announcing a new service as part of its Cloud Platform. ThreatPROTECT's dashboard uses vulnerability scan data gathered via Qualys scanners or Cloud Agents in real-time and correlates this with Real-time Threat Indicators (RTI) from multiple industry sources. Qualys is also announcing the extension of its Cloud Agent platform, with the availability of agents for Linux and Mac OS, adding to the platform's existing support for Windows. Courtot adds, "IT and security professionals have the daunting task of ensuring that all assets are up-to-date, compliant and secure. More information on these developments can be found on the Qualys website and they'll be on display at the company's RSA stand. The FireEye Data Center Security solution protects unstructured content residing in the enterprise data centers content repositories and servers.
The FireEye Data Center Security solution provides products, services, and threat-intelligence sharing that work together to protect your key assets. At the heart of the FireEye platform is the patented Multi-Vector Virtual Execution (MVX) engine.
The FireEye Dynamic Threat Intelligence (DTI) cloud extends the power of the MVX engine by sharing threat intelligence from participating nodes around the globe. And FireEye Oculus Continuous Monitoring combines the unparalleled FireEye Threat Prevention Platform with rich actionable threat intelligence and world-class global support and services. Comprehensive solution to protect an enterprise's most critical assets in the data center from advanced malware and targeted attacks. Effectively discovers and permanently quarantines advanced malware in content repositories and file shares.
Safeguards organizations from becoming victim to attackers that are using an organization's data center infrastructure to host malware.
Sign up today for our weekly newsletter that contains the latest product news and exclusive promotions for our customers. Adapt your security architecture to prevent today's cyber attacks and avert their worst effects. Dave has served as chief executive officer since November 2012 and as chairman of the board since May 2012.
As President, Kevin oversees all operations since December 2013, when FireEye acquired his company, Mandiant.
As senior vice president and chief information officer, Julie brings over 25 years of systems and programs experience in enterprise high tech companies to FireEye.
As senior vice president of products, Manish brings close to 15 years of experience in leading product management, product strategy, and product marketing at top tier technology companies such as Cisco, McAfee, Redback Networks, and Intel. Alexa has served as senior vice president, general counsel, and secretary since April 2012. Craig is vice president of manufacturing operations and brings over 30 years of rapid growth, high technology manufacturing experience to FireEye with both established and startup companies. Barbara is senior vice president of human resources and oversees the global human resource organization at FireEye. John joined FireEye in August 2014 as senior vice president of worldwide sales to lead the company's global sales organization and drive a new phase of growth. As senior vice president and chief marketing officer, Kara brings extensive experience in driving both product and corporate marketing programs in enterprise technology. Although it does not mention China by name, a statement issued after the G7 foreign ministers' meeting in Hiroshima on Monday about the disputes in the South China Sea can be interpreted as veiled criticism of China for being the cause of the increased tensions in the region. China has pursued peaceful settlement of the South China Sea disputes directly with the countries concerned according to international law and on the basis of respecting historical facts. The G7 statement has ignored these efforts and fails to acknowledge the restraint China has exercised while seeking ways to peacefully resolve the disputes - despite China being the biggest victim, with many of its reefs and islands illegally occupied by other countries.
By turning a blind eye to facts, the G7 statement only complicates the situations in the South China Sea and further fuels tensions.
It also signals the G7 members risk becoming tools of Japan for its own ulterior and selfish interests. As the statement was as Japan sought, it corroborated earlier speculation that Japan would make good use of being the host of the meeting to advance its own interests and purpose. Japan can claim to have scored some diplomatic points for exaggerating the "China threat" to the international community as part of its public opinion war. The tension in the South China Sea has long been fanned by some countries not directly involved in the territorial disputes, and Japan has played an inglorious role in this with its increased military presence in the region. Japan sent a submarine and warships to the Philippines as that country was preparing for joint military drills with the US recently. It is this, as well as other important issues such as global economic recovery, that should be the real concern of the other G7 members.
Due to his "work schedule", US Defense Secretary Ash Carter has excluded China from his Asia trip, which started on Sunday. Carter had planned to include China into his Asia tour after he accepted Beijing's invitation at the end of last year. Such discourtesy not only reveals the United States' strategic intention toward China, especially on the South China Sea issue, it also makes public the differences between the two countries' militaries and is thus unfavorable to bilateral crisis management and the region at large.
If Carter had visited China as scheduled, he would have at least demonstrated to the outside world that the US does not take sides on the South China Sea issue as it previously claimed. Such a gesture can be interpreted as the US standing on Manila's side and as a possible attempt to rally other Asia-Pacific countries to confront China. As a matter of fact, both the Pentagon and the command of the US Pacific Fleet have presented an increasingly tough stance toward China, and the US military has continuously taken provocative actions under the banner of "freedom of navigation". Carter's exclusion of China from his Asia trip shows the South China Sea issue is seen by Washington as an important chance to promote the establishment of a military alliance system against China in the Asia-Pacific.
The Pentagon's Asian move will at least have a negative influence on communications between the two militaries.
HENGSHAN COUNTY in North China's Shaanxi province built its largest government-subsidized residential community in Maowusu Desert, 40 kilometers from the downtown area, a few years ago.
The residents brought the real estate developer to court, who explained the government has not yet finished constructing the supporting facilities, although it had dug a well to provide for the residents' drinking water. If it was a commercial residential building project, would the local government have acted so slowly? The government should implement an accountability system according to the law to determine the practical effects of government-subsidized homes, which sometimes becomes a source of illegal income for officials, who take bribes or kickbacks from the developers as some corruption cases have shown. THE TRADEMARK OFFICE of China's State Administration for Industry and Commerce has not issued a single trademark registration certificate in more than seven months, as it lacks the "paper" used to print them.
The trademark registration certificate means a lot to a brand and the enterprise that owns it, as relevant products cannot enter the market without it. That the trademark authorities have failed to issue registration certificates for seven months without informing all parties concerned has not only caused considerable losses to the waiting enterprises, but also showcased inefficiency and dereliction of duty on the part of authorities. In its latest response to the "lack of papers", which began last August, the trademark office blamed the bureaucratic red tape involved in the purchase of the paper and the "unsuccessful communications" between relevant departments. Although it has promised to destock the certificate inventory by the end of May, the truth is, it could have responsibly explained to the public and the enterprises why the lack of printing materials was so serious as to prevent the issuance of registration certificates for over half a year.
It is estimated that at least 10,000 new enterprises apply for trademark registrations on a daily basis, which requires the trademark authorities to rapidly improve the service they provide.
Therefore, on the one hand, they have to make sure that all eligible trademark applicants receive their certificates as promised, and the incompetent officials are held accountable.
WEI YONGKANG, a child prodigy who could recognize about 1,000 Chinese characters at the age of 2 and who graduated from Xiangtan University, Central China's Hunan province, at 17, was recently persuaded to withdraw from the Institute of High Energy Physics under the Chinese Academy of Sciences at the age of 20. And we should be aware that education is more than just schooling, even if most Chinese parents regard higher education as the only valuable education in life, real life experiences are also important education for children.
Children living in a small world controlled and managed by the parents cannot interact well with the outside world and lack common sense. In its 70-year history, the UN, for all its flaws, has demonstrated that it can rise to such challenges.
Many have suggested that the UN's most senior official should either be a secretary or a general.
As the chief administrative officer of the UN, the secretary-general must create a culture of integrity, fairness, competence and efficiency right across the UN family and oversee a huge organization with a budget of approximately $10 billion, a staff of over 40,000 and 41 peace operations worldwide. The secretary-general must be a person with strong inter-personal and communication skills able to navigate smoothly in our increasingly multi-polar world and drive a global transition to sustainable development. One might think, therefore, that the process for choosing the secretary-general would be as vigorous, inclusive and transparent as possible.
Previously, there has been no clarity on when the selection process actually started or, somewhat unbelievably, who was actually running for the job. The UN Charter is clear on the respective roles of the Security Council and the General Assembly in the selection and appointment process and it must be adhered to. As president of the General Assembly, it is my job to ensure that those changes are implemented.
Last December, the president of the Security Council and I set the selection process in motion by issuing a call for candidates to be presented as early as possible.
Each candidate is expected to prepare a vision statement on the challenges and opportunities facing the UN and the next secretary-general. Of course, these innovations will not directly transform our world and discussions continue on issues such as the length and renewability of the secretary-general's term and whether the General Assembly should vote on an appointment or not. But they do have the potential to establish a new standard of transparency and inclusivity in international affairs. So, please, go online, participate on social media, make yourself heard and help us find the best possible candidate for UN secretary-general that our world needs. The ranking, which compares the price of a weighted basket of goods, saw Chinese mainland cities become more expensive compared to their regional peers but continuing to offer value for money compared to hubs such as Singapore and Hong Kong. In fact, the cost of living in Shanghai, the most expensive Chinese city surveyed, is now on a par with that of Tokyo, which held the unenviable title of the world's most expensive city for years. Ironically, the largest and richest cities like Beijing, Shanghai and Shenzhen offer a thinned opportunity in terms of economic potential. Conversely, Guangzhou and Tianjin offer the best value among the cities surveyed on the mainland. A weaker yuan and stock market declines have prompted a new wave of consumer caution on the mainland, which has spread to neighbouring markets, such as Hong Kong.
This may sound like bad news for Chinese cities but as long as wage growth exceeds price growth people will continue to be better off. On a global stage, the strong US dollar and weaker euro, which pushed US cities upwards and eurozone cities further down the ranking, have made Chinese cities appear relatively stable.
Many will continue to dream of cheaper groceries, clothes and bills when reviewing the ranking.
The author is an editor with the Worldwide Cost of Living Ranking of The Economist Intelligence Unit. Because of the March 22 terror attacks in Brussels, I thought I would have to pass through security checks of my luggage before entering the gate of the station. The check-in and border control procedures were the same as my previous trips from Brussels to London.
Three weeks after terrorists attacked Brussels' airport and a subway station, life and business activities in this European capital have gradually returned to normal. Security checks of luggage before entering the departure halls has only been implemented in Brussels' airport since its reopening but it is still unknown whether this is temporary or not. Brussels lowered its security alert only three days after the bloody blasts, which claimed 32 people, including one Chinese, though well-armed soldiers and police can be seen patrolling throughout the center of Brussels. Calling it the worst attack on the country's soil since World War II, Belgian authorities should well know how serious and challenging the situation is. It is daunting that nearly all of the embassies in Brussels and Paris have warned the tourists and investors from their countries of being cautious in making decisions to visit France and Belgium. Some Chinese researchers have begun to do research on how the security situation in Europe will affect the bilateral business activities. Very likely, it is the same with Belgium: more tourists will cancel their trips but business activities will not be affected too much.
Within one week of the Brussels attacks, a Chinese businessman told me that he still plans to buy a big office property in downtown Brussels.
Michel cancelled his scheduled trip to China because the attacks happened just one day before he was due to fly. The onus for that is not just on Belgium, the European Union must clean house and ensure people's safety if they are to help attract tourists and investment. The Belgian and European authorities must convince the world that the EU countries are safe. Already fined for their actions, the three people named are the first to be put on the blacklist since the regulations on keeping a record of uncivilized air passengers took effect on Feb 1. Blacklisting passengers who defy the rules for travelling by air and so place their own interests before everything else, including safety, has long been overdue. Whether by using an electronic device against the instructions of the cabin crew while a plane was landing, or by throwing a carton of milk at security personnel when told to drink the milk before passing through security, or by pushing a member of the ground staff onto the floor to express grievance at the delay of a flight, the three showed no regard to the rules they should follow or to decent behavior.
There have been frequent reports of passengers making a scene when their flight was delayed or when they believed that they were not treated as they should be on a flight. Yet it is natural for some flights to be delayed because of reasons such as bad weather or mechanical problems that need to be solved. They forget that they should behave themselves in the first place and that respect is reciprocal. The blacklisting of these three passengers should serve for others to know they have to toe the line. Despite former Japanese prime minister Yukio Hatoyama's outright stance that Japan is mainly responsible for the tensions in Sino-Japanese relations and his criticism of the government's distorted views on history, territorial disputes and China's rise, Japanese right-wing politicians continually defend the Abe administration's accelerated efforts to revise the country's pacifist Constitution and other provocative moves. Compared with the doves in Japan, the much stronger hawks, led by the Liberal Democratic Party, now firmly dominate the parliament's lower and upper houses and are leading Japan farther away from repairing its damaged ties with China.
The nationalist and populist tendency in Japan is poisoning the fragile Sino-Japanese relations. The absence or insufficiency of cultural exchanges has also further aggravated Japanese media and public's sense of repulsion toward China and even offered excuses for Japanese politicians to push for a tougher stance toward China. Both Chinese and Japanese media should hold a responsible attitude and exhibit a balanced perspective when reporting on each other's country rather than focusing on the negative aspects alone. However, the adjustment of the tariff rates came in such a hurry that trouble has been caused to enterprises and consumers, even certain customs. First, before drafting the new tariff policy, the authorities should have made a thorough investigation into the online retail business, such as the goods stored in tax exempt zones and the time enterprises would need to adjust their computing systems.
Second, a hearing should have been held, to which representatives from online retail businesses and consumers should have been invited. Currently China is accelerating its comprehensive reform and one new policy after another will be implemented. It is quite risky for people to provide tip-offs about officials who have committed crimes by taking advantage of their official positions, because the officials often have power in hand and can easily use it to get revenge on those who report about their crimes.
Therefore, in order to encourage people to blow the whistle, the authorities need to protect them and make them feel safe. Corruption is the common enemy of the whole of society, and it is the legal right of citizens to report it without fear of retribution. Of course, Home Inn can choose to disregard public opinion and insist that people are bad-mouthing it. The public are not legal enforcers and they can neither fine Home Inn nor close the involved hotel. At an executive meeting of the State Council, China's cabinet, on Wednesday, Premier Li Keqiang promoted the internet as a way to lower logistics and distribution costs to foster new engines for growth. As a pillar industry of China's real economy, the logistics industry has much room to improve. An "Internet + Circulation" strategy will be promoted to break the "hard" bottleneck of information infrastructure and break the "soft" restriction of the business environment.
Pledged efforts include fostering a smart logistics system, increased investments in broadband in rural areas, building a cloud platform for commercial services and integrating online-offline development to effectively promote the development of new economic drivers.
Rapid development of the Internet + Circulation strategy offers great opportunities for the distribution of e-commerce commodities in particular. The Japanese government symbolically chose Hiroshima as the venue for the G7 foreign ministers' meeting. But China objected to Japan's proposal that global leaders attending the Nuclear Nonproliferation Treaty Review Conference at the UN Headquarters in April-May 2015 visit the two cities. Neither Japanese Prime Minister Shinzo Abe nor his predecessors have mentioned why the US dropped the atomic bombs on Hiroshima and Nagasaki.
The countries that endured untold sufferings because of Japanese occupation or invasion will always call Japan's bluff. The Japanese government believes former US president Harry Truman committed an unforgivable crime by giving the order to drop the two bombs on Hiroshima and Nagasaki. Given that it was almost impossible for the US forces to distinguish between Japanese troops and supporters of the war, on the one hand, and ordinary civilians, on the other, the unprecedented destruction the nuclear bombs caused should be blamed on Japanese wartime leaders' belligerent and adamant policies and actions. It's the leaders that drag a country into war, but it's the people who always suffer the most. China and many other developing countries have to bear a "double burden" - widespread under-nutrition, particularly among children in rural areas, and a rapid increase in overweight, obesity and related diseases such as cardiovascular disease, hypertension and stroke, type II diabetes, and certain forms of cancer. In addition, the population as a whole is becoming less active, with reduced levels of walking and cycling and increased use of cars. Another reason for decreased levels of physical activity is the increased use of computers, mobile phones and long hours of watching TV. Solving the problem of child obesity demands a comprehensive strategy that should include educational, social, media and government policy actions. In addition to teaching healthy lifestyle strategies, it is important to adhere to community-based interventions, such as the National Plan of Action for Nutrition in China that addresses large and diverse populations. The author is an international public health consultant and the author of the Children's Health in the Americas and Health of Adolescents and Youth in the Americas.
Delivering a speech on the modern world and China's diplomacy at the China Foreign Affairs University in Beijing on March 30, Wu Jianmin, China's former ambassador to France and former president of the university, said the main theme of the world is peace and development, and criticized the Global Times for publishing some articles with extreme views which could mislead readers into believing in war and revolution.
Wu said Hu Xijin, Global Times chief editor and a leading commentator, cannot see the big picture and the general trend of the world despite being a learned man. In response, Hu wrote an article on his micro blog on April 7 saying Wu represents an outdated mode of diplomacy and assumes the media do nothing but make trouble by professing extreme nationalism. Wu refused to carry the debate forward, and Hu said his newspaper will soon publish an article Wu has written and continue to regard the former ambassador as an important writer contributing to the Global Times' pluralistic character.
Such a name-calling debate, even if not personal, between a veteran diplomat and an outspoken opinion leader is rare in China and has stirred a discussion between foreign policy doves and hawks. It is hoped the Wu-Hu debate will lead to more constructive discussions on the diplomatic issues confronting China. As an experienced diplomat fluent in French, Wu has experienced firsthand difficulties Chinese people faced during the "war and revolution" era. Hu earned his master's degree from a university in the Soviet Union in 1989, three decades after Wu graduated. Therefore, the public as well as China's policymakers should view the disagreement between Wu and Hu as a progressive development. As such, China needs the space for meaningful debates on some diplomatic issues, because the results can serve as reference points for policymakers while adjusting the country's foreign policies. Since diplomacy is essentially an extension of internal affairs, public participation in discussions on the foreign policy, which directly concerns national interests, can minimize the opposition against the final outcomes at home. Moreover, involving citizens in the process will help raise their awareness about diplomacy and cultivate in them a strong sense of responsibility toward national affairs.
In this sense, the Wu-Hu debate reflects a social understanding to protect China's national interests by devising an effective foreign policy.
Japan's government responded to Trump's remarks with a statement that it will stick to its policy of not possessing nuclear weapons.
The country has more plutonium than any other state that does not have an arsenal of nuclear weapons, and it is widely believed that the country has the raw materials, technology and capital for developing nuclear weapons. The country returned 331 kilograms of weapons-grade plutonium to the United States in March.
On the 70th anniversary of the dropping of an atomic bomb on Hiroshima, Japanese Prime Minister Shinzo Abe said Japan is determined to make even greater efforts toward realizing a world free of nuclear weapons. Yet Yusuke Yokobatake, director-general of the Cabinet Legislation Bureau, said at the Upper House Budget Committee on March 18 that he does not believe the Constitution bans the use of any type of nuclear weapon. In a written reply to opposition lawmakers in Japan's Diet on April 1, Abe's cabinet, endorsed Yokobatake's comment as an affirmation of the Japanese government's stance. In the address, Abe's cabinet said the war-renouncing Article 9 of the country's Constitution does not necessarily ban Japan from possessing and using nuclear weapons as long as they are restricted to a minimum necessary level.
However, as China's Ambassador for Disarmament Affairs Fu Cong pointed out at a thematic discussion on nuclear disarmament at the first committee of the 70th session of the UN General Assembly in 2015, Japan's current stockpile of nuclear materials far exceeds its legitimate needs. This weekend Japan has been hosting the G7 foreign ministers' meeting in Hiroshima, the city devastated by the first use of an atomic weapon in 1945. Japan is trying to arrange a Hiroshima visit for US President Barack Obama when he attends the G7 summit in Shima in the Mie prefecture on May 26 and 27. And Japan, which lacks fossil fuels and other natural resources, is entitled to the peaceful use of nuclear energy. But the Abe administration has expanded its defense role, moving the country away from it purely defensive security policy.
Steve Fetter, a former Obama White House official, once said if other countries perceive a growing Japanese plutonium stockpile as a latent nuclear capability it would contribute to instability in East Asia.
Some political forces in Japan have been clamoring for the country to develop nuclear weapons, claiming that Japan should have nuclear weapons if it wants to be a power that can sway the international politics. The huge amount of sensitive nuclear materials Japan has accumulated over the years gives rise to grave risks both in terms of nuclear security and nuclear proliferation. Chinese President Xi Jinping has met again with US President Barack Obama, and pundits the world over were eager to offer suggestions and proposals to improve Sino-US relations. Though good-willed and appreciated, much of the advice - whether prescriptions or proscriptions - is repetitive, even soporiferous.
The Xi-Obama meeting took place during the fourth Nuclear Security Summit, which was held in Washington on March 31 and April 1.
The last time the two leaders met, in September, also in Washington, the summit went surprisingly well - considering the low expectations going in, what with cybersecurity and maritime disputes dominating the agenda. While nothing in Sino-US relations is easy, these areas of common concerns are easier to handle - but are here not my focus.
I've been thinking about how to characterize differences between China and the US, and a descriptive term I've been playing with is "asymmetric". Contrast US-China disputes with, say, the struggle between the Soviet Union and Nazi Germany to control Poland. This is no such symmetric dispute between China and the US, and therein lies the potential for progress.
It is vital that each side comes to appreciate the other side's core interests, not just what they are, but also how they have come to be. The author is a public intellectual, political and economics commentator, and international corporate strategist. After holding intensive political meetings, engaging in lively exchanges with young football and ice hockey players, and signing cooperation documents during his visit to the Czech Republic from March 28 to 30, President Xi Jinping and his Czech counterpart Milos Zeman visited the 850-year-old Strahov Library in Prague.
Shortly after Xi left for Washington to attend the Nuclear Security Summit, I too had the chance to visit the stunningly magnificent library, which consists of the Philosophical Hall, which houses the Czech-language collection on Confucius and the early comprehensive introduction to China, and the Theological Hall with stuccoes and paintings. Jan Parez, curator of the library's manuscript section who was responsible for preparing the items for Xi, said the president has a deep understanding of and respect for Czech society and culture. Both presidents are extremely keen readers with a preference for books on history and civilization. Given these facts, one can say Xi's visit to the Strahov Library also signifies his vow to offer enough public goods to those in need. China needs to identify the poor and needy in the country, as well as build more libraries to allow children from poor families to have access to more books because they can help them emerge out of poverty. Going by European standards, building more cultural venues such as libraries, museums, theaters, sports centers and swimming pools should also be given priority, to help propel China's economic development and lift people's incomes as well as living standards. My youngest daughter had moved to Dakar, in Senegal, late last year, and was eager for my wife and I to fly out and spend Easter with her. Leopold Sedar Senghor International Airport, named after the much-loved poet, philosopher and literary figure who was Senegal's first president after independence in 1960, gives you a taste of what is to come. Teeming crowds, dust everywhere, and apparent chaos, plus a rather exotic approach to queuing.
Baggage finally retrieved, fingerprints taken on arrival by a gendarme, after an hour we found ourselves walking the gamut of people wanting to change money, carry our bags and offer us instant guided tours of Dakar - even though it was nearly midnight.
But I'll tell you one thing - I have been hassled and hustled at airports worldwide, but nowhere have those hassling and hustling been so polite.
The taxies are, like all public service vehicles in Dakar, a miracle of faith (inshallah) and an average of 25 years of abused French or Japanese automobile technology. So, faced with that, we decided to hire a robust 4x4, which was one of the smartest things we did, considering the state of the roads, which, away from the main coastal road, are largely dirt tracks. I have rarely met such friendly, eager people, all keen to share their lives and love of Senegal. Some in Senegal say that the system, when applied properly, "strengthens you as a person"; I quote one of my daughter's neighbors, a charming man in his 30s, who himself was a talibei. But all too often it is abused, and the government is working with various NGOs and charities to address the situation. Well, I spotted a group of friends from Shanghai on their first visit, and by the wreckage on their table, much seafood and beer had been the order of the day.
China itself re-established full diplomatic relations with Senegal in 2005, and there are now at least 26 official Chinese development projects underway, ranging from construction of a government e-network, upgrading of the country's power supply network, to a revival of the capital's bus transport network - and boy, do they need it. Meanwhile, I'm gearing up for my debut visit to Beijing, which I suspect is much more high-tech than Dakar - and with smarter taxis and much better buses.
I recently shifted countries from Finland to China, and one of the most remarkable but unexpected consequences has been the realization that I may actually be living in the future. But what I'm seeing in China is that many of these predictions are already taking shape - in innovative and intriguing ways. A key theme to emerge during research for this year's Fjord Trends Report is that, with the rise of self-monitoring technology, health is now something we can all keep track of.
All this is particularly pertinent in China, where savvy brands and retailers have already discovered that incentivizing customers to engage in healthy behavior can have a positive effect on profits. Sports brand Li-Ning, for example, recently teamed up with smartphone maker Xiaomi, which makes the highly successful Mi Band wearable fitness tracker, to produce a new generation of smart running shoes at an affordable price. At the same time, with an overburdened public health system that often results in lengthy waits for patients at hospitals just for a short consultation, many people are turning to technology for more effective access to China's healthcare system.
Fjord's view is that to be really effective in the healthcare space, companies must take to heart the idea that in every product there is a service waiting to get out, which means integrating a holistic service providing added value through digital services like telehealth, wellness programs, connected devices and smart pills. Our research also reveals how digital technology is elevating our standard of living to the point where the luxury service market is opening up to the masses.
This certainly holds true in China, where consumers everywhere are eagerly adopting such services. Collection of personal data is nothing new, but in an increasingly data-driven economy, digital trust is more important than ever.
Our view is that, to get ahead, companies should beef up resources dedicated to data privacy and security. The good news here is that the government has begun initiatives to reverse engineer any consumer distrust with innovative solutions.
I believe 2016 will be another defining year for digital and will bring even more transformation, disruption and delight to organizations and their audiences.
Experienced China watchers have been right in saying that, since the turn of the year, the country won't see a business bust any time soon. Yes, there are places - most noticeably some northeastern cities - where life is worse for workers at state-owned enterprises where production lines are lying idle and rusty.
The government coffers, especially at the central level, are much more full now than at that time. In the meantime, in coastal and southern cities, business is growing, led by the services sector.
The message suggests that if more efforts and resources are used just to make SOEs and the large state-owned banks comfortable, then China is in danger of wasting precious time.


In many northern provinces, where the local economy used to rely heavily on mining and heavy industry, only the starting-level opportunities are thinkable, namely the things the southern provinces did in the 1980s and '90s, such as allowing and duly protecting more small, private enterprises, starting from mom and pop shops and self-employment. And in all likelihood, doing that is difficult enough, considering the fact that those provinces have lost their most enterprising young people, turning them away to become migrant workers in the more accommodative cities. At the same time, elsewhere, most cities can just keep building the same industry and follow the trend started by others. In how many cities can investors find a leadership pursuing different strategies to the ones that have bored overseas investors for the past decade, like those aimed at turning practically every Chinese city into an international business hub? Where is the kind of leadership capable of building a local niche and that can keep upgrading goods and services for the rest of the country? China can't afford to wait for its universities and Party schools to turn out a new generation of leaders better informed about modern economics and technologies. City leaders today have to learn more and do more, including learning from and correcting past mistakes. For investors, there are only a few cities to choose from for the most innovative and potentially most lucrative opportunities. Beijing, Shanghai, Shenzhen, Chongqing, Hangzhou and Tianjin seem to belong in this group, but which one will become the champion, and which one will lead in what industry, is still for the observers to find out. The contradiction in economic development, which online shopping helps boost, and waste creation and thus environmental degradation could not be more self-evident. Experts say excessive packaging for products dispatched through courier agencies to meet online shoppers' demand is generating increasing amounts of trash and the existing recycling system cannot cope with them. But there is another trap you should be wary of, and that’s the one hackers are setting for you right now. A cyber attacker will send you a message that appears to be from a reliable source, prompting you to open it.
In traditional phishing, cyber criminals send out messages to millions of users trying to infect as many users as possible. Many firms create a 10-20-page written information security plan that formalizes the definitions and policies that govern the creation, access, and deletion of confidential information and computing services. Regulatory Risks – Following the right security practices will enable you to achieve clean audits from industry and government regulators.
Personal Email – Even if your employee is following all of your processes and practices with work-related email, you could still be vulnerable if her private, personal email is breached or corrupted.
By developing an internal culture of security, the organization does far more than deploy and configure bits and bytes. The cybersecurity landscape is constantly changing and today the cyber threat actors range from organized crime to state sponsors. When it comes to advanced persistent threats, the cyber criminals often use targeted social engineering tactics including spear phishing. Real-time intrusion detection and prevention systems that include 24x7 monitoring by security experts are a key defense in finding and stopping network intruders.
Show investors that you have a 3+ year budget for working capital without any performance fees.
Make sure to properly allocate expense and investment opportunities if you decide to launch a single investor fund or separately managed accounts. When it comes to seed arrangements, pick the right partner and put parameters around potential issues that could arise. Become familiar with the changing expectations on the cybersecurity front, from both investors and regulators.
The Cybersecurity Interpretive Notice applies to all membership categories--futures commission merchants, swap dealers, major swap participants, introducing brokers, forex dealer members, commodity pool operators and commodity trading advisors. But whatever approach is taken, the Cybersecurity Interpretive Notice requires Members to adopt and enforce an information systems security program (ISSP) appropriate to its circumstances. Description of ongoing education and training related to information systems security for employees. NFA recognizes that some Members may face a significant challenge implementing ISSPs by the March 1, 2016 effective date, and any programs that are adopted will be refined over time.
Eze Castle Integration’s Cybersecurity Practice Team is available to create Written Information System Security Programs for firms. Operating capital may be limited in the first few years after your launch, so careful budgeting and long range planning will serve your firm well.
Governmental oversight of the financial industry has evolved dramatically in the last decade. Apart from registration, you should also determine if there are any legislative implications for your new firm. Since 2014, cybersecurity preparedness is also a critical area of focus for regulatory bodies. Cloud services offer more flexibility than traditional infrastructure models and, beyond cost-savings, can reap rewards for new launches. Of course, one of the greatest benefits to using an outsourced cloud service is professional management and monitoring. Beyond infrastructure safeguards, it is critical that firms implement policies and procedures to protect firm and client assets. While the list of considerations is surely long for new hedge fund managers, we've whittled it down to 10 Keys to Launching a Hedge Fund Successfully - a guide for new startups to use when setting off on their new journey. We at Eze Castle Integration have identified the top four reasons why backups are critical to not only a firm’s growth, but also their survival. The Securities and Exchange Commission (SEC) has instituted regulations on the storage of financial records and electronic communication, and financial industry regulatory agencies such as FINRA now provide standards and guidance information on potential threats. The reasoning behind these recommendations is the volume of things that can go wrong with your data storage solution.
Regulatory and compliance organizations recognize the necessity of data security and advocate for firms to have a comprehensive backup solution in place.
As reported by Gartner in the 2015 Gartner MQ Report for Enterprise Backup Software and Integrated Appliances, by 2017, the number of enterprises using the cloud as a backup destination will double, growing from twelve percent (12%) today. Consider the impact to your business if you lost the data held in your CRM, financial, or reporting systems.
Backups should be an integrated part of not only the IT department, but of the overall business strategy. Businesses invest large amounts of time, money and resources into their operations; however, most are lacking a plan to protect this hard work. Because the security of data is imperative, it’s critical that firms choose the right provider to maintain tight control and visibility over business critical information. In some cases, however, insurance coverage has not satisfied the demands of firms and instead left them feeling scammed a second time. One example of this comes from Texas where a manufacturing firm is suing their cyber insurance provider for refusing to cover a loss that came at the hands of a phishing scheme. Situations like these are reminders for Chief Financial Officers and Risk Officers to carefully comb their cyber insurance policies to gain a comprehensive understanding of what exactly is covered – and what is not.
Given the risk landscape, it is no wonder companies of all sizes continue to be subject to increasing data breach liability, both in the form of single plaintiff or class action lawsuits and regulatory investigations and proceedings. Plaintiffs in data breach class actions typically allege that businesses failed to adequately safeguard consumer information and gave insufficient and untimely notice of the breach. Companies affected by a Cyber breach may also face liability to third parties, which may result in defense costs, settlements, judgments and, sometimes punitive damages.
It seems that every hour emerging innovations and dynamic social platforms open the threshold of new opportunities to share and attain information. When it comes to social media engines, when did people become the mindless machines pumping out sensitive information?
Think of other websites you frequently utilize that require passwords and personal details.
We select these Q&As to safeguard our personal accounts, but overlook other platforms we might have shared this information on previously.
The Internet of everything is so interconnected these days that it seems routine to grant access from one outlet to the other.
Additional recent hacks include video gaming site Twitch, toymaker VTech and the latest, open source tool Socat. Marc Berger’s opening statements emphasized the extent of the cybersecurity threat currently facing firms across a wide swath of industries. Where there is reliance on third-party service providers, the AAM is NOT relieved of its cybersecurity risks but rather, has the obligation to assess and monitor the provider’s security policies and procedures and conduct adequate due diligence. While the SEC has issued various Risk Alerts providing guidance on areas of focus, the guidance and rules are not prescriptive. Only 39% agree that their organization has ample resources to ensure all cybersecurity requirements are met. We spend a lot of time educating our clients about security best practices and encouraging them to implement comprehensive security policies and procedures to mitigate risk and protect both the firm and its employees. While companywide policies should reflect long-range expectations and corporate best practices, they should also include tactical recommendations that employees can follow to ensure they are complying with the company’s overall risk strategy.
Provide information such as login IDs, passwords, social security numbers, account numbers, etc. Last year, cybersecurity took center stage across the investment community, and there is little doubt that it will continue to dominate in 2016. Previously a non-factor for hedge funds, marketing is now a critical element to any firm’s success. One trend that we noticed in 2015 that we may see extend into the New Year is the transition some hedge funds are making into the family office spectrum.
The Securities and Exchange Commission took major strides to regulate investment firm cybersecurity practices in 2015, with the release of multiple guidance updates (Click for the September 2015 update). In December 2015, we participated in a Wells Fargo Prime Services cybersecurity event and the panelists outlined everything your hedge fund needs to know about the SEC’s security expectations. As referenced above, training is critical to showcasing cyber preparedness in today’s world.
One final article related to security hones in on the fifth bullet above – vendor management.
New fund launches and emerging managers are always looking for tips to assist them in successfully creating their firms – and Hedge IT delivered in 2015.
We love delivering new educational content to our loyal Hedge IT readers, but we also like to share new voices and invite our partners and colleagues across the investment industry to share their expertise.
We live in a world dominated by social media outlets, yet LinkedIn has emerged as the de facto professional site for industry networking and information sharing. The April 2015 SEC Cybersecurity Guidance Update goes deeper into risk assessments expectations.
You must also understand where your data is located, how it is collected and who and what technology systems have access to it. Registered investment advisers should have a clear understanding of the threat landscape, including potential internal and external risks as well as unique vulnerabilities specific to the firm. Called Qualys ThreatPROTECT, it provides customers with an interactive dashboard to help them understand security threats at-a-glance.
It then provides customers with an easy-to-understand display offering clear insights into what vulnerabilities to fix first based on the level of threat seen in the wild.
The Cloud Agent platform gives organizations the ability to conduct real-time asset inventory searches on a global scale, to effectively address the security and compliance of their IT assets. It automatically collects vulnerability and configuration data and securely transfers it to the Qualys Cloud Platform, where it is analyzed and correlated to identify risks and eliminate vulnerabilities. With the availability of the Cloud Agent on all major computing environments, companies can now inventory all their IT assets, get the visibility needed to secure them against cyber attacks on a continuous basis and take action with Qualys' new patching capabilities". Hosting critical data, applications, and servers, data centers contain your core assets - customer information, intellectual property, and other business-critical data. Many data centers remain highly vulnerable to advanced malware residing in enterprise content repositories, Web and application servers, and common file shares.
The solution shields data centers from advanced persistent threats (APTs) and sophisticated malware that resides in content stores, Web and application servers, and common file shares. Built from the ground up to combat today's advanced cyber attacks, the MVX engine's virtual machine-based analysis does not rely on malware binary signatures. Prior to joining FireEye, Dave served as president, chief executive officer, and director of McAfee, Inc.
He has served as vice chairman of the board, and chief strategy officer since November 2012 and as a member of the Board of Directors since February 2004. Before Mandiant, Kevin was the Director of Computer Forensics at Foundstone (acquired by McAfee Corporation) from 2000 to 2003, and the Director of Information Security for Sytex (later acquired by Lockheed Martin) from 1998 to 2000.
Before FireEye, Mike was Executive Vice President and Chief Financial Officer of Informatica, and he earlier led finance and other operations for a number of technology companies, including IO, SolarWinds, and i2 Technologies. Most recently she was vice president of global sales and marketing operations at Autodesk where she led the global rollout of new CRM, eLearning, and lead management systems, and evaluated new technologies and tools to improve productivity and optimize resources.
Most recently, Manish was the vice president of marketing for the security technology business unit at Cisco, where he joined in 2012 and defined their three-year security strategy.
Prior to joining FireEye, Alexa was vice president, general counsel, and secretary of Aruba Networks, Inc., a provider of enterprise wireless networks, from December 2005 to April 2012.
He was most recently vice president of supply chain operations at Juniper Networks for five years where he managed all of their manufacturing operations, component sourcing operations, and worldwide fulfillment and logistics teams.
Prior to FireEye, Barbara served as vice president of global talent and diversity at McAfee.
Before FireEye, John served as executive vice president of worldwide field operations at Informatica, where he grew the company to more than $1 billion in sales. Most recently Kara was CMO of Okta where she was responsible for all aspects of Okta's marketing strategy including branding, communications, partner, customer, Web, and field marketing. And it has sought to maintain peace and stability in the waters through talks and consultations, as advocated in the Declaration on the Conduct of Parties in the South China Sea. And it has succeeded in driving a wedge between China and some other G7 members by acting like a thief yelling "catch the thief". And Japanese Prime Minister Shinzo Abe has pushed through new security laws and is seeking to amend the Constitution to pave the way for Japan's military resurgence under the guise of becoming a "normal state".
So his visits to India and the Philippines as scheduled make his "work schedule" look like an excuse. By removing China from his Asia tour, it seems that Carter and the Pentagon no longer want to send such a message. Beijing has even been accused of "militarization" of the South China Sea for these US actions. The residents, mostly low-income citizens, in the government-subsidized houses are no different from residents who can afford commercial houses in that they need basic facilities. But the quality, location and supporting facilities of most public housing developments are always inferior to commercial residential communities.
Such bureaucratic procrastination, which mirrors its inefficiency in serving the public, may deal a blow to the credibility and image of governments at all levels, especially as the country is working hard to promote entrepreneurship, mass innovation and new governance.
On hearing the news, his mother who had accompanied him during his studies, allegedly shouted at him to commit suicide.
If we adopt the concept of taking children as ordinary human beings first, no matter how young or old they are, we may hold a realistic attitude toward their potential no matter how talented they seem.
But to do so today, it must secure the best possible candidate through this year's process of selection and appointment of the next secretary-general. A person with political stature and strong leadership skills - with the authority to bring to the attention of the UN Security Council any matter which in one's opinion may threaten the maintenance of international peace and security. Also, there has been no formal job description and no real opportunity for substantive and open engagement with the candidates - neither for the full UN membership nor the public. But recent changes to the process itself, agreed to by all 193 members of the General Assembly, provide us with a genuine opportunity to make it more transparent, more robust, more inclusive and, ultimately, more effective. But perhaps the greatest opportunity to truly break from the past comes in the form of open dialogues that I will hold with the candidates. They will present themselves for two hours of questions from the full UN membership as well as from civil society and each dialogue will be streamed live online.
First-tier cities such as Shanghai, Beijing and Guangzhou are already as internationalized and expensive as their well-known Western European or North American counterparts.
We (at Worldwide Cost of Living Ranking) expect first-tier cities to continue along these lines.
On average, they have seen their cost of living decline by 2.5 percent when compared with New York, while simultaneously climbing up the ranking by an average of 13 places in the last year.
As these are more mature, they have less room for growth but greater existing spending power. Both are about 23 percent cheaper than Shanghai but, as their global profile grows, on an equal weighting with other international peers such as Amsterdam and Boston.
Weakening demand and maturity in some locations have led to a halt or fallback in local cost-of-living terms.
Despite economic uncertainty, Chinese household incomes are continuing to rise, driving more and more families into the middle income brackets. The only obvious difference was that soldiers and security guards were more evident in the arrival and departure halls.
The damaged airport partly reopened a few days ago, though my last trip between Brussels and Prague four days after the attacks was via Amsterdam. And people can enter other metro stations, train stations and shopping malls freely without passing through any security check.
He forecasts that the price will drop by 10 to 20 percent on average in Brussels in the coming months. Of course, it is rational for him to make his trip once the situation in his country is under control. Their names will remain on the blacklist for one or two years, according to an announcement by the China Air Transport Association on Saturday. The blacklisting means they will not be able to travel by air until their names are removed from the list.
However, some passengers seem to take it for granted that their flight must take off at the time stated on their ticket, and they even assume that the members of the cabin crew are simply there to do their bidding. There is no reason for them to be respected when they do not show enough respect for others. Yet, even if passengers are not satisfied with the service provided, there is still no reason for them to flout the rules that are designed for the safety of all. A March survey conducted by Japanese media found that a record 83.2 percent of Japanese people hold no sense of neighborliness toward China.
Given that China's economic aggregate and comprehensive national strength will continue to have an upper hand over Japan, Japan should hold a realistic attitude toward this.
Many analysts emphasize that although the new tariffs increase the burden on enterprises and consumers they still have some positive aspects because they can increase the government's financial revenue and make the market fairer for giant cross-border retail businesses. For example, many bonded zones were not prepared so they had to suspend some orders by consumers; in Zhengzhou tax exempt zone, for example, everything almost fell into chaos, according to reports.
On the basis of such an investigation, they should have left a buffer period before implementing the new policy.
Worse, as some cases show, even after the officials get disciplinary penalties or are jailed, the officials can still use their influence to gain revenge on the whistle-blower. Only when they are free from fear of revenge, will people dare to report on corrupt officials.
Actually, corruption often involves huge losses for the State and the people; whistle-blowers can actually limit such losses by stopping the corrupt officials from committing more evil. At present, logistics costs account for a high proportion of the overall operating costs for Chinese enterprises, and these costs are passed on to consumers. The first atomic bomb was dropped on Hiroshima on Aug 6, 1945, and the second on Nagasaki three days later. And since Japan is the only victim of nuclear bombings, its call for nuclear disarmament and non-proliferation should not be opposed. The Chinese people and government feel Japan is using the ploy of being a nuclear attack victim to make the world forget the horrors it inflicted on other countries.
So Japanese leaders should face up to their country's war crimes and apologize to the wartime victims. But Truman's decision came after it was estimated that Allied forces would suffer another 1 million casualties before being able to conquer Japan's main territories. So people of all countries should learn how to differentiate justice from injustice, and stop their over-ambitious leaders from dragging them into unjust wars. According to Chinese Ministry of Health data, boys aged 6 years are taller and heavier on average now than 30 years ago. As a result of improving living standards, particularly in the main cities, there has also been an increase in the intake of fast food from food chains such as McDonald's, KFC, Pizza Hut and Starbucks, which offer foods high in salt, sugar and calories from fat. For example, studies carried out in 2002 and 2012 have shown a direct correlation between ownership of motorized transport and increasing levels of obesity and its consequences in children and adults.
Many cities lack adequate space for physical activities and there are insufficient sports programs in schools. China's one-child policy has created a land of "little emperors" who are specially doted by their grandparents. Since in many cases grandparents have personally experienced scarcity of food or even endured famine, they believe that by feeding plenty of calorie-rich foods to their grandchildren they are fulfilling their responsibilities. At the educational level, it is necessary to change school curricula to promote healthy eating and exercising habits, which are crucial to improve students' health. Nationwide social programs on public nutrition broadcast through mass media, public information campaigns and community-based interventions have proved useful in combating obesity.
Yet the debate should be seen as a constructive exchange of ideas between different opinion camps, for it can only help improve China's diplomacy. Wu and Hu, as well as the people supporting them, have become part of the debate for the same purpose: better adapting China's diplomacy to the changing world. He is also witness to the benefits people have been enjoying after China launched reform and opening-up thanks to the peaceful environment.
Good foreign policies and strategies have always been a result of dynamic compromise between two parties. And without people's understanding and support, no foreign policy can be implemented smoothly.
It claimed that Japan "firmly maintains a policy principle that it does not possess nuclear weapons of any type under the three non-nuclear principles". US Sectary of State John Kerry and other G7 foreign ministers are scheduled to visit the city's Peace Memorial Park on Monday. Maybe that's a good thing - because predictability, in sensitive diplomacy as in financial markets, is a good thing. While the aim of the summit was critical - preventing nuclear terrorism - attention was focused on the sidelines where the two leaders huddled. At the time, wise counsel was to focus on areas that unite us, not divide us, so the list stressed climate change, economic cooperation, fighting terrorism and organized crime, preventing pandemics, promoting alternative energy and green technologies, stopping regional wars, and the like. Moreover, the government limits human rights to maintain control, and China's mounting military power, especially its modernizing blue-water navy, betrays expansionist ambitions. The normal way is for leaders to emphasize commonalities and manage differences, which seems to work well at first, but then often seems to backslide.
While progress is best made incrementally, not precipitously, I like to push for fresh perspectives.
Because the core interests of China and the US are not the same - which is fortunate - a zero-sum game is not inevitable. That was a "symmetric dispute" in that each side wanted the same thing, turning it into a classic zero-sum game and becoming one of the factors that led to World War II. Obama is in his last year in office and seeks, in his opinion, what's best for the US, without having to worry about the next election. Each side should come to discern the ways of thinking that led to the specific development of each core interest. My hope is for harmony, which is why my call is for "asymmetric harmony" to help facilitate relations. After being introduced by the museum curator to the collections on Chinese-Czech exchanges dating back 300 to 500 years, the two presidents stepped onto the veranda to get a bird's-eye view of Prague while sipping their farewell beer. The books on China, some of which are original manuscripts, were mostly written by missionaries during their stay in China or after their return home from China hundreds of years ago. Thanks to Parez, I had the privilege to visit the two halls, which are now open to tourists, and enjoy the panoramic view of Prague and soak in the glory of the place where the two presidents drank beer.
Some journalists who reported Xi's visit to the library on March 30 also called it the most beautiful library in the world. And by saying that a long history and bountiful cultural heritage are the precious wealth of the Czech people, and that China is an ancient civilization with a history of more than 5,000 years, Xi highlighted the great potential for the two countries to learn from each other and expand their cultural exchanges after the establishment of a strategic partnership during his visit.
And this is an area where Europe has a lot of experiences to offer to China; for example, it has already used the index of the number of books a child has access to at home to measure people's living conditions in a region. My only experience of Africa was a couple of business trips to Nairobi 20 years ago, spent in splendid air-conditioned isolation either in an anonymous hotel room or a car going from one meeting to another.
I've learned to judge the efficiency of a city or country by its taxis, whether it's the metered correctness in Singapore, the white-gloved unformed Tokyo cabbies, the hugely well-informed black cab drivers in London, or the feigned indifference of Paris taxi drivers. It's as if someone had taken a hammer, beaten every square centimeter of bodywork, and then painted it yellow and black - with a handheld brush. The sight of small boys begging for food and money is dreadful, the more so when you learn they are sent there by their parents. Their parents, some from neighboring countries, sent them to Dakar under the care of a marabout, or spiritual guide, whose job is to teach them the Koran and Arabic. My company, Fjord, puts out an annual global trends report for all marketers to capture - in broad strokes - the most significant technology and business developments we think will emerge in the year ahead. The market here continues to evolve at warp speed, and while most organizations in the West are still coming to grips with the second wave of digital disruption - mobile, in other words - consumer expectations in China are leaping ahead and changing the game. A new breed of "health-committed" consumers - especially younger, urban consumers - is using devices like wearable fitness trackers to gather data about their fitness levels. One way they're doing this is by forming partnerships with other companies, then rewarding customers who reach their wellness goals, sharing their data as they go. Thanks to smart chips placed in the soles, these Li-Ning running shoes can be connected with a Xiaomi mobile app that allows runners to track their progress, analyze their form and monitor their achievements. Apps such as Haodaifu and Chunyu Yisheng that allow patients to connect remotely with doctors to discuss ailments have mushroomed in the past year. Thanks to apps like Uber, Instacart and Nowait, we can have chauffeurs drive us around, get groceries delivered to our door, and skip the queues in restaurants. What's more, thanks to data ubiquity and end-to-end customer experience engineering, the trend is taking hold across a wide range of industries, from banking to healthcare, education and shopping. Companies that fail to earn consumer trust in how they collect, store and control data will not only lose business and face possible legal ramifications, but they will also fail to reach their full potential. Here, most consumers prefer to do business with retailers who use personal information if it makes their shopping experience more relevant and seamless.
September saw the launch of China's first national big data pilot zone, in the southwestern province of Guizhou. Certainly, China's leading-edge companies paint a compelling picture of what is possible when the potential of smart, connected, contextually aware digital services is fully harnessed.
Rather, it's offerings that "wrap" customers - that combine the ability to generate meaningful consumer insights with the agility to act on those insights quickly and proactively. The greatest challenge to Beijing has always been to choose, from a limited number of options, the right time to wage the right reform, so as to achieve the right result and pave the way for the right progress for the overall economy. In general, the impact of the business slowdown, and the social pain it is creating, has become less threatening. But their number is relatively small in comparison with the massive number of workers (30 million by one count) laid off during the first round of SOE reform in the 1990s, when Zhu Rongji was China's economic czar.
So long as the anti-corruption campaign can deter officials in the local and enterprise levels from putting it into their own pockets, the state has the money to arrange for a relatively less-painful relocation of the workers who lose their jobs.
But if more policies and measures are actually taken to level the ground for fair competition, and for the government to form partnerships with private investors, there will be better future growth. And as China Post data show, the problem will only grow as the 48 percent year-on-year growth of delivery services in 2015 suggests. Many would argue that, if the waste cannot be recycled, why not dump them in landfills or consign them to incinerators? Phishing is a psychological attack used by cyber criminals in order to trick you into giving up personal information or taking action. If the email appears to be from a legitimate organization but the address is a personal account (Gmail, MSN, Hotmail, Yahoo) it is probably an attack. If your friend or colleague sends you a strange message, their account may have been attacked. That can be everything from a definition of personally identifiable information (PII), a description of user access privileges and roles, or policies regarding USB thumb-drives. It commits to defining and following thoughtful, far-ranging policies to eliminate the needless internal vulnerabilities that often go unrecognized.


APT intrusions are often focused on high-value information and sectors such as the financial industry.
In a spear phishing incident, criminals target specific companies or individuals and conduct background research to compile employee names, titles and contact information.
Not only must emerging managers evaluate traditional deployment strategies, but consider current factors influencing the financial landscape. There was quite a bit of content discussed during the 1-hour event, so we’ve pulled out some key takeaways. Target those who have a history of being receptive to founder share class and who may offer lower management and performance fees. Recognize where the private cloud has an edge: high-touch, industry-specific service and support, scalability and application integration, and security and compliance. Value is derived from knowledge of the application, knowledge of business, and having a dedicated support team. The NFA's Interpretive Notice to NFA Compliance Rules 2-9, 2-36 and 2-49 entitled Information Systems Security Programs requires Member firms to adopt and enforce written policies and procedures to secure customer data and access to their electronic systems. Executive-level participation and annual review of the information security program is expected.
NFA expects to devote appropriate resources, such as providing additional guidance, to assist Members as they develop and implement their ISSPs. Don't forget to visit Hedge IT on Thursday as we reveal the last of our key considerations for starting a hedge fund. Hedge funds, private equity firms and registered investment advisers now operate in a world where they are beholden to regulatory bodies with growing expectations and requirements. The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, which redefined the registration requirements for hedge funds, also set forth new reporting requirements and standards for safeguards. With the prevalence of cyber threats and attacks, the SEC’s Office of Compliance and Examinations (OCIE) has incorporated cybersecurity into its examination targets. Firms can add users nearly instantly – a welcome benefit for startups looking to ramp up quickly. You can do this by conducting employee awareness training to keep all users informed and educated about the cyber environment and the threats that may arise.
And be sure to come back to Hedge IT later this week when we'll be sharing an excerpt from our brand new whitepaper on the same topic! Regulatory agencies and investors now expect businesses to have backup solutions and comprehensive record-keeping practices. In addition, international regulators such as the FCA, a financial regulatory body in the United Kingdom, are also demanding firms to have a data backup solution. From hardware failure, software corruption, virus or network security breaches, to natural disasters and human error, the threat to your data is endless.
Businesses that demonstrate that their data is secure and backed up have a competitive edge when security questions inevitably come their way. And by 2017, seventy-five percent (75%) of organizations will have replaced their remote-office tape backup with a disk-based backup solution that incorporates replication, up from forty-five percent (45%) today. A SMB Disaster Preparedness Survey by Symantec found that downtime costs small businesses an average of approximately $12,500 per day and medium businesses $23,000 per day. Eze Castle partners with KeepItSafe, a leading provider for managed online backup and recovery, to deliver our Eze Vault services. As hackers become savvier and cyber schemes more elaborate, many firms are relying on cyber liability policies to add an extra layer of protection. Governments are facing an unprecedented level of Cyber attacks and threats with the potential to undermine national security and critical infrastructure. Negligence, breach of fiduciary duty and breach of contract are just some of the allegations that a company may face as a result of a systems failure or lax security that compromises the security of customers’ personal information or data. Companies may also face class actions from banks and credit unions seeking damages for administrative expenses, lost interest, transaction fees and lost customers. For example, 25 class action lawsuits were settled in the wake of a retailer’s 2007 data breach involving the theft of data related to over 45 million credit and debit cards. Third parties bringing lawsuits against businesses for damages are increasingly seeking to expand the nature of injuries and remedies sought in light of early case law which determined that there was no injury in fact sustained by the Cyber breach and thus no standing to sue. The enactment of ITERA and the growing recognition in the business community that time spent repairing credit may constitute an injury in fact, may create an increased willingness of courts to find consumer standing to bring such actions and thus an increased liability risk to businesses. Typical data requested from social sites may include your full name, age, sex, birthday, relatives, photos, account access, etc. Conceivably, if you scroll through your status updates and photos on Facebook you could find all of these personal facts.
So routine in fact that cybercriminals have realized the window of opportunity presented by these information gold mines. The latter was announced earlier this week in a security advisory warning of a crypto weakness so severe that it may have been intentionally created to provide criminals a furtive means to eavesdrop on protected communications. Rather than being like Bill, we need to be more aware of the automaticity of our behaviors and tendency to trust sites while browsing the web. As a result, firms are challenged to understand what level of cybersecurity readiness will be deemed sufficient to meet regulatory obligations given their AUM. According to the Ponemon Institute’s 2015 Global Megatrends in Cybersecurity, sponsored by Raytheon, 25% of respondents in a study say C-level executives currently view cybersecurity as a competitive advantage, versus 59% who say it will be a competitive advantage three years from now.
In an industry historically known for protecting its information, recent regulatory developments may foster a change in how firms think about sharing information. In addition to providing employees with security best practices they should follow, don’t forget to also include a list of actions they should not.
Across the hedge fund and alternative investment industry, firms are devising new strategies and implementing plans to drive growth and increase returns. If we can assume that firms used 2015 to shore up security practices and have, at minimum, established a baseline for protecting firm assets with firewalls, password protections and penetration testing, we can expect 2016 to take cyber preparedness to the next level in the form of advanced features and analytics including phishing and social engineering tests, designed to increase the level of preparedness held by firm employees. In 2016, hedge funds and investment firms will need to develop comprehensive marketing strategies in order to elevate their brands, attract new investors and retain capital.
Several prominent former hedge fund managers returned outside money in recent years and began operating as family office firms, most notably Steve Cohen and George Soros. Instances of social engineering are often what trip up employees – think phishing and spear-phishing schemes. Anytime an investment firm works with a third-party provider, it’s important to understand what risks become present and how firms can manage said risks.
Our two-part Checklist for Launching a Hedge Fund in 2015 shared insights from both Eze Castle Integration and our partners at Marcum LLP on the legal, technology and cybersecurity priorities for new hedge fund startups.
Our August 2015 Hedge Fund Insiders Series featured fresh articles from contributors including Haynes and Boone LLP, Wells Fargo Prime Services, and Willis Group Holdings Ltd. Even hedge fund managers, traditionally very secretive, are joining LinkedIn, so we outlined a few tips to ensure LinkedIn activity is top notch. During the discussion, Stuart Levi of Skadden reminded attendees that the SEC has clearly defined (and communicated) its cybersecurity expectations.
Qualys ThreatPROTECT is another example the demonstrates the power and agility of our cloud platform to introduce new services that can help customers improve their overall security without the cost and complexity associated with deploying enterprise software". And emerging trends such as Big Data, bring-your-own-device (BYOD) mobility, and global online collaboration are sparking an explosion of data, most of that stored as unstructured content in data center content repositories and servers.
It can identify advanced malware that traditional and next-generation firewalls, IPS, anti-virus, and gateways miss.
Kevin was also a United States Air Force Officer, where he was a computer security officer in the 7th Communications Group at the Pentagon, and a special agent in the Air Force Office of Special Investigations (AFOSI). Prior to Autodesk, Julie was senior vice president, worldwide sales operations at McAfee where she led the global sales and channel operations functions to drive go to market strategies, best practices, systems, process, and productivity across five geographical theatres. From 2007 to 2012, Manish held a vice president position at McAfee where he led product strategy for a $300M+ product portfolio. Prior to Juniper, Craig held executive positions as vice president of manufacturing and customer service at Good Technology, vice president of materials for 3Com, and founder and vice president of manufacturing for NeTpower, and had a 13-year career in manufacturing at Hewlett Packard where he began his career. She brings over 22 years of experience in high technology from roles at EMC, Documentum, and Cadence Design Systems. With a background that includes running multibillion-dollar businesses for Adobe, EMC, and Documentum, John has exceptional leadership experience building and expanding global sales organizations. The residential community in a desert in Hengshan shows local county government's indifference to both people's practical needs and its own legal responsibility.
Yet it might be too late as from the very beginning the parents didn't treat their son as a normal child. We should realize that children have their own perceptions about their lives, which may differ from that of their parents. A person with strong moral courage and integrity, he or she - and I do not see why the best candidate should not be a woman - must be a voice for the world's most vulnerable people and embody the very ideals and purposes of the UN. We pointed out some of the key criteria for the position and, in light of seven decades of male dominance, we encouraged member states to present both female and male candidates. The dialogues will continue with new candidates until the Security Council makes its recommendation.
And they represent, I believe, a moment in history when the General Assembly - the world's most representative and democratic decision-making body - reasserts itself. Yet we are aware that there are significant variations in prices of everyday goods across different locations, even within the same country. But it is the second-, third- and fourth-tier Chinese cities that are attracting attention and rapidly moving up the cost of living ranking. This means that while they are getting cheaper compared with the US, they are becoming more expensive compared with almost everywhere else. Further uncertainty could drive down spending even further, undermining some of the wage and price inflation of the past decade. And as the Chinese economy becomes less trade-intensive, consumption is bound to replace investment as the main driver of growth. While Zambia's capital Lusaka offers best value for money in the ranking, it is also among the least liveable cities. During the first three months this year, the number of Chinese tourists in France dropped by 7 percent year-on-year due to the attacks in Paris. This time, his mission will be convincing Chinese investors and tourists that similar attacks will not happen again. Such a tendency can, to a large extent, be attributed to selective Japanese media reporting on China under the influence of Japan's official policy and stance toward China, which fails to paint a full picture of the country and misleads the Japanese public. Tokyo should particularly discard its past "superiority complex" and "insular mindset" while dealing with China and no longer view itself as the leader of Asia in defiance of China's rise. Many people that could speak up about the crimes of officials choose to remain silent because they do not want any trouble.
However, the comments by the hotel manager in a TV interview have provoked further public ire at the hotel's response to the incident. It is both common sense and a legal duty for hotels to provide safe conditions for their customers. The atomic bombs not only destroyed Japan's major military arsenals and killed Japanese troops stationed in the two cities, but also claimed the lives of about hundreds of thousands civilians. While trying to portray Japan as a victim, its leaders have never fully condemned the large-scale invasions of China and other Asian countries, and the atrocities such as the Nanjing Massacre the Japanese army committed.
They should also realize that, no matter what ploy they use they cannot change the historical fact that they unleashed a bloody war on Asian countries. More importantly, the Japanese government rejected the Allied forces' call to surrender, leaving the US no choice but to drop the two atomic bombs to force Japan to surrender and end the war as soon as possible. Because obesity can have serious consequences on children's health and quality of life, as well as on the country's economy, this is a problem that demands urgent attention.
At the same time, there has been a decrease in the consumption of cereals, fruits and vegetables.
Cars have become not only symbols of wealth, but have also led to significantly reduced levels of physical activity. As a result, there is an energy imbalance between the calories consumed and the calories burnt.
Since in many families both husbands and wives work, they leave their children in the care of the grandparents, particularly in rural areas.
Only a comprehensive plan of action can help solve this most difficult problem affecting Chinese children and adolescents. Whether such debates are on the South China Sea disputes or the "new type of major-power relationship" with the United States, the need is to maintain a dynamic balance between hard line and restraint. He served as a war correspondent in former Yugoslavia from 1993 to 1996 and the Iraq war in 2003.
It possesses nearly 50 tonnes, most of which comes from the reprocessing of spent nuclear fuel burned in its reactors. Xi has yet many years in office and seeks, in his opinion, what's best for China - what it will take to transform his country through economic transition, reform and the rule of law.
In this manner, by discerning different "ways of thinking", one acquires deeper understanding and can make more nuanced and effective judgments. Perhaps recognizing the reality of the asymmetry and the need for the harmony can transform thinking. And the two presidents know that increasing people-to-people and cultural exchanges is the key to laying a firm foundation for the development of bilateral relations. Xi visited the Czech Republic shortly after China announced the 13th Five-Year Plan (2016-20). We base this on what clients are asking for, our experiences as citizens and users, and our well-informed (we hope) guesses on the effect of emergent technology.
This means that, at a baseline level, companies need to stay on their toes, jumping on trends straight away and adapting their business models to suit. The mindset is that ordinary folk should be able to summon whatever they need instantly with the tap of an app.
In the future, any industry with traditional roles and privileged expertise will be challenged.
Companies should examine their role from the consumer perspective and ask how they can disrupt their service model now that delivering luxury can be done by anyone.
They are already used to interacting with multiple smart devices, from TVs to embedded consoles in their cars, and take it for granted that they should be able to switch between them while watching a movie or shopping online. On a systems level, invest in new platforms and technologies equipped to handle data responsibly through the supply chain. The zone will be an experiment in big data sharing, security and innovation - one project involves building a cloud-based big data platform, called Guizhou on the Cloud, to enable provincial government data to be pooled, shared and exchanged. Brands that become a "living service" in this way will be able to create the differentiated sales and service programs that will, in turn, enable them to acquire and retain more customers. Since these waste products were in addition to the millions of tons of garbage that people generated in their usual daily routine, the magnitude of the problem should not be lost on anyone. Oftentimes the email domain will be missing a letter or have letters reversed, so you'll have to pay close attention. Also, hover your mouse over the link before you proceed to make sure that it is taking you where it claims to.
The bank believes hackers executed a hack that allowed $81 million to be taken from the bank’s foreign exchange account at the Federal Reserve Bank of New York. And the way that starts to happen is through systemic and comprehensive training practices.
Prepare an institutional set of documents up front if you are looking to attract institutional money versus high net money.
They include risk assessment, governance, training, access control, vendor management, and information sharing.
Additionally, firms must provide employees training during the onboarding processes as well as periodically during employment. For example, system safeguards such as data protection, disaster recovery measures and email archiving are requirements under Dodd-Frank.
Having released two extensive questionnaires and several risk alerts focused on security, the SEC has made it clear to investment firms that they will be investigating the practices employed at firms and increasing expectations for the future. Startups have a variety of options when it comes to settling on their technology infrastructure. Users can gain access to email, file services and applications from virtually anywhere, and built-in disaster recovery provides confidence that everything is protected from the inside out.
Users should understand how security threats may present themselves (phishing schemes, social engineering, etc.) as well as how they can become cybersecurity assets to your firm. Successfully operating a new startup beyond the first year is a feat many managers struggle to accomplish, therefore it's critical for emerging managers to gain a full understanding of the industry that awaits them and the hurdles they should expect to face.
Understanding the need and importance of implementing a backup solution can add instrumental value to your business. With today’s financial services companies managing exponentially growing volumes of sensitive data, the risk of loss grows as well. If something were to happen to the data center where your production system lives, you can resume operations in DR. Having a third-party backup solution provides geographic diversity of data assets, which is key for a complete business strategy. Recently, KeepItSafe highlighted the success of a backup and recovery case when a company’s servers crashed, and with it, so too did their records of billing history, accounts receivable and accounts payable. Similarly, businesses across a wide range of industry sectors, particularly those in the health care, retail and financial services industries1, are exposed to potentially enormous liability and costs as a result of Cyber incidents and data breaches. Increased regulation at federal and state levels related to information security and breach notification is expanding the legal avenues that may be pursued.
Behavior quizzes offer entertainment to discover your celebrity and fairytale doppelgängers, or breakfast food and ice cream personality matches.
These sources generally ask us challenge questions as an additional level of security, such as, the make of our first car, hometown city, high school mascot or nickname. Criminals began creating faux, malicious versions of the app that asked users to sign into Facebook to generate their personal meme. Highlighting the importance of information sharing, on December 19, 2015, after years of failing to enact cyber threat information-sharing legislation, Congress passed the controversial Cybersecurity Information-Sharing Act of 2015.
In 2016, we expect the following industry trends will play a role in shaping many of the decisions hedge funds and other investment management firms make. With cyber-attacks increasing in sophistication, firms will need to spend time in 2016 working with managed providers and internal IT teams to continue the education process and identify strategies to outsmart hackers.
Whether via traditional marketing campaign tactics such as pitch presentations, websites and CRM systems or more modern avenues such as social media, firms would be wise to think through their objectives, plans, and communication methods before outreaching to potential investors.
And while there are less regulatory pressures and expectations to meet as a family office entity, security measures should remain enterprise-level, and we expect to see family offices investing heavily in cyber preparedness policies and systems. Take a look below and discover a vast range of security tips and tricks from email encryption to proper security measures for protecting computers and mobile devices.
He recapped the following six areas advisers must have covered to demonstrate preparedness to regulators.
Today's advanced attacks can enter the network through legitimate channels such as mobile devices, online file sharing, and portable storage.
He served as president of McAfee, a wholly-owned subsidiary of Intel, from February 2011 to August 2011.
Craig graduated cum laude with a Bachelor of Science degree in Logistics and Transportation Management from the University of Colorado. Barbara has led teams delivering record numbers of attracting and hiring top talent in high growth organizations, and is a recognized thought leader on global talent strategy and expansion. He earned an MBA in finance at Columbia University's Columbia Business School and a Bachelor of Science at Penn State University.
The community has no public transport connections, no heating system, which is common in the north, and no schools or hospitals nearby. Governments should tilt more resources to low-income residents to ensure social justice and fairness. And I expect everyone who is serious about becoming the world's next chief diplomat to engage openly and directly with the full UN membership and the people that he or she will ultimately serve.
For example, according to the findings of the latest Worldwide Cost of Living Survey, a kilogram of white grain rice costs 19 yuan ($2.99) in Shanghai but only about 9 yuan in nearby Suzhou.
This is particularly apparent in Shanghai and Shenzhen, but less so in Guangzhou and Tianjin. However, Chinese metropolitan economies are still outperforming many of their regional and global peers and, barring a crash in consumption or significant currency devaluation, Chinese cities are likely to see their relative cost of living continue to rise. While one long-time Chinese investor in Brussels planned to organize an investment seminar to indicate his confidence in Belgium. Home Inn has failed to do so, since video from the security cameras in the hotel concerned show a female guest being assaulted in one of its hotels. If Home Inn continues allowing its employees to utter such silly, irresponsible remarks, that will only further damage public confidence in Home Inn. Since the memorial is dedicated to the victims of the 1945 US atomic bombing of the city, Japanese media see the gesture as a call for nuclear disarmament and non-proliferation. It is this evasive attitude of the Japanese government and media toward its war crimes that has prompted China and other Asian countries to object to Japan's attempt to disguise itself as the innocent victim of the nuclear attacks. Some doctors have warned that obesity could become China's biggest public health problem in the future.
One study found that children who live with their grandparents eat two additional servings of junk food each week. He has also seen how the US has split sovereign states or pushed them into anarchy on the pretext of propagating democracy.
By the time the plan is completed in 2020, China's per capita income is expected to reach $12,000, making it a relatively high-income country. Imagine the formulaic politeness of the French language, imbued with a gentle African languor.
But the challenge for brands is to deliver these personalized services while avoiding any concerns these customers might have about data privacy. Such developments indicate that coming up with cutting-edge solutions for data privacy and security is an increasingly important part of the national agenda. And on the market level, it is a matter of how to differentiate from a region's own past and other regions' beaten path. It appears that the initial point of entry for the hackers was a spear-phishing email, potentially sent weeks before the fraud took place, which allowed the criminals time to remotely monitor and probe the bank’s networks without detection.
Obtaining such details and observing communications provides criminals with the tools to mirror email addresses, website URLs and dialect. Regardless of the assets your firm is launching with, you will be expected to have sophisticated and comprehensive policies and procedures in place from day one to combat cyber threats.
With the birth of cloud technology, firms can save on upfront capital expenditures and host their infrastructure in the cloud – providing flexibility within those startup budgets. A reputable cloud services provider not only provides world-class infrastructure and resiliency; it also assumes responsibility for the management and daily maintenance of your cloud environment.
Investors also have high expectations, and before they will even consider allocating money to your firm, they want to understand what protections you’ve put in place to protect their assets.
However, if something is deleted in the production environment, that action is typically mirrored, thus deleted in DR as well. DR allows the rapid recovery of IT operations while cloud backups provide another layer of protection by leveraging a third-party vendor to secure your data in an alternative location. More recently, in 2014, two major retailers reported that the total costs of data breach and related class action lawsuits (less expected insurance recovery) was estimated at $63 million and $191 million, respectively.
In 2014, the agency issued a press release announcing its 50th Data Security Settlement on behalf of consumers. To partake in this social extravaganza, we hand over our personal information freely, forgetting its value somewhere between each hashtag and viral post.
Through the app, users may customize their characters by simply providing their first name and gender on the Blobla website. Once the criminals were logged in, they stole account details and infected computers with spyware, viruses and malware.
In this tug-of-war of security and connectivity, users can regain control of their personal information.
As of June 30, 2015, per ITRC data, in 2015 the banking industry experienced an increase of 85% versus 2014 data for the same period.
However, regulators may also be looking at whether enforcement action is warranted if the AAM failed to implement appropriate security measures that would have prevented the attack from occurring. From there, they enter the content repositories and servers in the data center and spread laterally in the enterprise network. From December 2003 to March 2007, Dave held various positions at EMC Corporation, a developer and provider of information infrastructure technology and solutions.
Prior to Terraspring, Inc., he spent 12 years at Sun Microsystems as a distinguished engineer focused on networking and network security.
Shanghai may be 18 percent cheaper than Singapore, which currently ranks as the most expensive city, but this lead is shrinking; five years ago the difference was almost 25 percent. This is a major scandal and Home Inn should apologize, compensate the victim, and let the public feel its sincerity about doing its utmost to protect its guests. Digital education platforms (think edX and the Khan Academy) can also offer high-quality education courses to a wide range of takers. Phishing now refers to any message-based attack, whether that be email, IM, or on a social media network. The end result is the criminal’s identity masqueraded as a legitimate, trustworthy source. Be sure to enable your firm’s processes to comply with SEC recommendations including risk assessments, infrastructure practices, policy documentation, etc.
With hackers savvier than ever and financial firms as known targets, it’s critical that firms establish a comprehensive approach to security to not only meet investor and regulatory demands but also to protect firm assets and mitigate business risk. Backups, on the other hand, create an offline copy of your data which is not accessible except to restore, sometimes utilizing a third-party vendor to store that data in an alternate location. The importance of protecting this data is interconnected to the importance of the overall operations of the business. And, this year, two major health care companies are separately facing several lawsuits as a result of data breaches that reportedly exposed the personal records of 80 million and 11 million people, respectively. One of those settlements involved the much publicized 2006 settlement with a data aggregation company wherein the company agreed to pay $10 million in civil penalties and $5 million in consumer redress for time customers may have spent to monitor and repair their credit following a breach that exposed their personal information. Federal laws, such as the Health Insurance Portability and Accountability Act, the Gramm-Leach-Bliley Act and the Fair Credit Reporting Act, have requirements to safeguard the privacy of personal information, and some states require notification to the state attorney general. Instead of dispensing reams of sensitive data, choose to keep what’s private, private.
Firms can no longer act in silos, but must share information with industry peers (including competitors) to protect the entire sector. Then they establish a long-term foothold in the network and infect multiple systems - even those not connected to the Internet. He currently serves on the board of directors of a number of privately held technology companies. At Siebel, he helped guide the company through 15 acquisitions, including its $6B sale to Oracle. Barbara is also the recipient of YWCA's Silicon Valley TWIN award for outstanding executive leadership.
If not forthcoming, you may open up your firm to serious regulatory and criminal prosecution.
Your cloud services provider should act as your trusted technology adviser and, as such, give you the flexibility and time you need to focus on your investment priorities without worrying about security updates and patch controls. If access to a file was lost in both production and DR, backups grant the ability to recover the data and continue business as usual.
This is an example of a successful case; however, many businesses lacking a backup solution are not so lucky.
While these matters have yet to be resolved, the anticipated costs of litigation and settlement may set records. Given this ever-evolving and regulatory landscape, companies should expect an increase in third-party liability claims led by federal regulatory agencies as evidenced by a March 2015 federal court decision involving a large hotel chain wherein the court held that the FTC has regulatory authority to enforce data security practices. Cyber-attacks carried out on the financial community have almost doubled in 2015, and industry experts believe these numbers will continue to increase unless adequate precautions and prevention measures are taken. AAMs can expect to see investors placing greater emphasis on cybersecurity as a part of its due diligence and regulators focusing on cybersecurity in their routine regulatory exams. Alexa graduated magna cum laude from Harvard College with a degree in Eastern European Studies and received her J.D.



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