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Archive for August 29th, 2013

Global Payments and Dialog Launch the First Mobile Point-of-Sale (mPOS) Solution in Sri Lanka

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Powering merchants to accept card payments on smartphones and tablets
COLOMBO, Sri Lanka /PRNewswire/ — Global Payments Asia-Pacific Limited (Global Payments), a leading pan-regional card payment processor in Asia Pacific, and Dialog Axiata PLC (Dialog), a premier telecommunications service provider in Sri Lanka, today announced the launch of an innovative mobile payment solution that turns a smartphone or tablet into a mobile point-of-sale (mPOS) terminal — the first of its kind in Sri Lanka. This award-winning mobile payment solution* enables merchants to accept card payments beyond a counter-top sales environment and wherever business takes them within Sri Lanka.
This mobile payment solution helps small and medium enterprises (SMEs) quickly and easily establish a means to accept MasterCard® and Visa® card payments through a smartphone or tablet. The business can download a free app provided by Global Payments on their mobile device and connect it to a secure card reader to start accepting card payments instantly. It is compatible with both iOS and Android devices and comes with multi-level security measures to protect customer data from being stored on the card reader or the phone. Dialog now offers mobile phone devices at an affordable price and special data packages with attractive rates for this new mPOS solution.
This hassle-free and cost-effective mobile card acceptance service helps merchants on the go – such as businesses with mobile sales force, home delivery services and outdoor sales operations – capture instant purchases. Customers can also enjoy added payment convenience as they can now make card payments easily and quickly anywhere cards were previously not accepted.
Dialog will be the first telecommunications provider in the country to adopt this new technology for their mobile sales team. Other businesses can also sign up for this new service through Dialog or Global Payments.
“New payment solutions such as this mPOS solution launched by Dialog and Global Payments help small merchants run their businesses more cost-effectively and efficiently using the latest payments technology. We believe this is the latest step in a series of progressive developments for the mobile payments market, and has the potential to open up an entirely new customer base for SME businesses,” said Fariq Cader, Senior General Manager, Mobile Money and Payments at Dialog Axiata PLC.
“The launch of this new mPOS solution jointly by Global Payments and Dialog brings a new level of innovation to the way businesses are paid and we are pleased to work with Dialog to introduce this innovative payment technology to Sri Lanka,” says Nazeem Mohamed, Director of Sales, Sri Lanka and Maldives, Global Payments Asia-Pacific Limited. “Combining Global Payments’ world-class card processing expertise and Dialog’s leading mobile telecommunications network, this latest mobile payment service expands merchants’ ability to accept card payments at many more locations, helping them capture every sale opportunity beyond the conventional retail store environment.”
To learn more about this new mobile payment service, please call Global Payments Merchant Services Hotline at (011) 237 7666 or Dialog Customer Hotline at 1777. Visit for more information about this new product.
*Global Payments won the “Innovation mPOS Acceptance Award” from Visa International in Hong Kong in March 2013.
About Global Payments
Global Payments Asia-Pacific Limited (Global Payments), currently serving merchants in 11 countries and territories across Asia, is one of the largest pan-Asian card processing companies in the region. The company is a division of Global Payments Inc. [NYSE:GPN], a Fortune 1000 company and a leading provider of electronic transaction processing services for merchants, Independent Sales Organizations (ISOs), financial institutions, government agencies and multi-national corporations located throughout the United States, Canada, Brazil, Europe, and the Asia-Pacific region. Global Payments brings a new level of innovation to card payment processing in the Asia Pacific region with a full range of innovative payment solutions, industry-leading merchant reporting tools, and unparalleled merchant services. The company has a strong Asia Pacific footprint and now operates in Brunei, mainland China, Hong Kong, India, Macau, Malaysia, the Maldives, the Philippines, Singapore, Sri Lanka and Taiwan. Visit for more information about the company and its services.
About Dialog
Dialog Axiata PLC, a subsidiary of Axiata Group Berhad (Axiata), operates Sri Lanka’s largest and fastest growing mobile telecommunications network. The Company is also one of the largest listed companies on the Colombo Stock Exchange in terms of market capitalization. Dialog is also Sri Lanka’s largest Foreign Direct Investor (FDI) with investments totalling over USD 1.35 billion.
Dialog has been at the forefront of innovation in the mobile industry in Sri Lanka since the late 90’s, propelling the nation’s mobile telephony infrastructure to a level of advancement on par with the developed world. The company delivers advanced mobile telephony and high speed mobile broadband services to a subscriber base in excess of 7.8 Million Sri Lankans, via 2.5G and 3G/3.5G and 4G networks. In April 2013, the company secured the distinction of becoming the first service provider in South Asia to launch mobile 4G FD-LTE services. The company was also the first service provider in South Asia to launch 3G services in 2006. Dialog also provides a comprehensive suite of International Roaming Services across a global footprint comprising of more than 200 countries, and operates a wide portfolio of international telecommunication services, including but not limited to retail and wholesale international voice and data services.
Dialog Axiata supplements its market leading position in the Mobile Telecommunications sector with a robust footprint and market presence in Sri Lanka’s Fixed Telecommunications and Digital Television markets through its fully owned subsidiaries Dialog Broadband Networks (Private) Ltd (DBN) and Dialog Television (Private) Ltd., (DTV).
Dialog is an ISO 9001 certified company and has received numerous local and international awards including the National Quality Award, Sri Lanka Business Excellence Award, and 3 successive GSM World Awards. At the SLIM-Nielsen People’s Choice Awards 2013, Dialog was voted by Sri Lankan consumers as the Telecom Service Provider of the Year in addition to being named the Internet Service Provider of the Year.
Source: Global Payments Asia Pacific
Related stocks: NYSE:GPN

Written by asiafreshnews

August 29, 2013 at 2:42 pm

Posted in Uncategorized

KPMG Collaborates With Appway – Creating Digital Country Manuals to Improve Cross-border Compliance

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ZURICH, Aug. 28, 2013 /PRNewswire/ — KPMG partners with Appway, the global leader in client onboarding solutions, to enhance its Country Manuals – one of the key services KPMGprovides its banking clients as part of its cross-border service.

Due to increasing regulatory demand for transparency, many banks are being forced to adjust their business models and seek expert specialist advice in order to remain compliant. KPMG, who has a presence in over 140 countries, has developed a package of services and tools for its clients to support them in the area of cross-border suitability. The service includes specific Country Manuals that assist Relationship Managers in ensuring the legality of their interactions with foreign clients and prospects, to guarantee compliance with specific cross-border banking regulations.

According to Micha Bitterli, Director at KPMG Financial Services “Looking at the increasing pressure to comply with existing regulations, and the pipeline of upcoming ones, the next few years will see a lot of changes in the regulatory environment. Being close to our clients and delivering information and expertise to enable compliant business activities is therefore of paramount importance to KPMG. Now, thanks to the capabilities of Appway’s client onboarding solution, we have a joint offering that enhances the access to our Country Manuals and highlights new revisions and information for our clients. This solution brings us one step closer to our clients and ensures that they have the latest guidelines at their fingertips.”

Appway’s cross-border suitability solution has transformed KPMG’s Country Manuals from static business policies into a highly interactive application. Relationship Managers, Market Heads, or the Marketing Department can quickly search the relevant manual to determine which client interaction is legal outside of their countries. KPMG can also easily revise and update the Country Manuals in the Appway Cross-Border Suitability Solution, ensuring compliance with foreign law at all times. The KPMG Country Manuals are currently available for 54 countries through KPMG’s cross-border services electronic platform.

About Appway

Appway is the global leader in client onboarding solutions for the finance industry. Established in 2003, the Swiss company is headquartered in Zurich with offices in New York, Hong Kong, Singapore Lugano, and Geneva.

Press Contact
Fiola Foley
Communications Manager
Appway Numcom Software AG
Hardturmstrasse 66
CH-8005 Zurich

Press Contact
Fiola Foley
Communications Manager
Source: Appway

Written by asiafreshnews

August 29, 2013 at 12:17 pm

Posted in Uncategorized

Swedish Steel Producer Selects Quintiq’s Platform to Optimize its Supply Chain Planning

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S’-HERTOGENBOSCH, Netherlands, Aug. 28, 2013 /PRNewswire/ — Quintiq, a global leader in supply chain planning and optimization (SCP&O), announced today that SSAB has chosen its platform to optimize supply chain processes across its production plants.

(Logo: )

Headquartered in Sweden, SSAB is a leading producer of high-strength steel and has a 6-million-tonne capacity for crude steel. Quintiq’s platform will assist the company in increasing delivery performance and will help reduce manufacturing lead times across its EMEA network.

“We are thrilled to deliver SSAB the transparency and functionality that is only possible through a single, 100%-fit SCP&O platform,” said Markus Malinen, business unit director at Quintiq. “Our extensive work in steel planning and optimization makes us the perfect candidate to help SSAB meet current and future business goals.”

About SSAB

SSAB is a global leader in value added, high strength steel. SSAB offers products developed in close cooperation with its customers to create a stronger, lighter and more sustainable world. SSAB has employees in over 45 countries and operates production facilities in Sweden and the US. SSAB is listed on the NASDAQ OMX Nordic Exchange, Stockholm.

About Quintiq

Every business has its supply chain planning puzzles. Some of those puzzles are large. Some are complex. Some seem impossible to solve. Since 1997, Quintiq has been solving each of those puzzles using a single supply chain planning & optimization software platform. Today, approximately 12,000 users in over 80 countries rely on Quintiq software to plan and optimize workforces, logistics and production. Quintiq has headquarters in the Netherlands and the USA, and offices around the world. Find out more at

For more information, visit or follow Quintiq on TwitterFacebookLinkedIn and YouTube.

Press contacts:

North America enquiries
Jon Temerlies
Racepoint Group
Tel: +1-202-349-0859

EMEA enquiries
Charlotte Poh
Global Marketing Communication Manager
Tel: +31(0)736910739

Source: Quintiq

Written by asiafreshnews

August 29, 2013 at 11:59 am

Posted in All releases

TOEIC(R) Program Releases 2012 TOEIC(R) Listening and Reading Worldwide Data

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TOEIC® tests are used more than any other English assessment to measure the workforce’s proficiency
PRINCETON, N.J./PRNewswire/ — Educational Testing Service (ETS) is for the first time in several years releasing publicly the expanded results of its report on TOEIC® test takers worldwide for the TOEIC ® Listening and Reading (L&R) assessment.
The TOEIC® Listening and Reading Report on Test Takers Worldwide presents information about TOEIC test-takers’ average Listening and Reading scores, educational background, work experience, English language study and use, and the TOEIC test-taking experience. Responses to the questionnaire, on which the report is based, enable users to learn more about the backgrounds of people who took the test and some of the factors that affected their TOEIC scores and related improvement in English proficiency. ETS is making this data available for reference as organizations look to set score benchmarks and goals, however, the response rates varied across different background questions and care should be taken in making inferences based on this data.
“With English being used by nearly two billion people from different geographic, cultural, and linguistic backgrounds around the world, it is vital that score users understand more about the individuals who take the test and have insight into the factors that affect their scores,” says David Hunt, ETS Vice President and COO of ETS’s Global division.
Hunt further explains that because the TOEIC Background Questionnaire is in-depth and the testing process is standardized, test takers of any background and location can be compared fairly by score users. As the most widely taken and used workforce English language assessment, organizations can build a more diverse and qualified workforce by using TOEIC scores and survey information to make informed decisions around placing, developing and promoting employees from and within any country or region. In addition, the growing acceptance of the TOEIC tests means that test takers can use their test scores for career advancement at a wider range of organizations around the world.
Report highlights include:
Description of TOEIC L&R test-takers in 2012
Average TOEIC scores across native countries, industries, etc.
Relationship among L&R scores
Test-taker demographics
TOEIC assessments are fair, reliable, and valid measures of a test taker’s ability to use English common in the workplace. Used by nearly 14,000 organizations in 150 countries, the TOEIC tests are the international standard for assessing an individual’s English-language proficiency level for the workforce, measuring how well a potential employee can apply their English-language skills in a practical working environment. While organizations use TOEIC scores and surveys to build a stronger workforce, job seekers trust the TOEIC Program to differentiate themselves in a competitive job market. TOEIC assessments measure all four language skills and provide descriptions of test takers’ strengths and weaknesses that can be used to inform critical hiring, placement, and training decisions.
Download the report at to For more information about the TOEIC program, please visit

About the TOEIC Tests
For more than 30 years the TOEIC test has been the global standard for measuring workplace English-language communication skills. The TOEIC assessment family, including the TOEIC Listening and Reading test, the TOEIC Speaking and Writing tests and the TOEIC Bridge™ test are used by nearly 14,000 businesses, organizations, and government agencies in 150 countries. In 2012, almost seven million TOEIC tests were administered worldwide, solidifying the TOEIC Program as the largest and most widely used English-language assessment for the workplace. For more information on the TOEIC tests and other services provided by the TOEIC Program visit
About ETS
At ETS, we advance quality and equity in education for people worldwide by creating assessments based on rigorous research. ETS serves individuals, educational institutions and government agencies by providing customized solutions for teacher certification, English language learning, and elementary, secondary and post-secondary education, as well as conducting education research, analysis and policy studies. Founded as a nonprofit in 1947, ETS develops, administers and scores more than 50 million tests annually — including the TOEFL® and TOEIC® tests, the GRE ® tests and The Praxis Series™ assessments — in more than 180 countries, at over 9,000 locations worldwide.
Source: Educational Testing Service

Written by asiafreshnews

August 29, 2013 at 11:20 am

Posted in Uncategorized

Big Fish’s “Dark Manor: A Hidden Object Mystery” Now Free to Play on PC

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A Mysterious and Captivating Adventure Through The Roaring 1920s New Orleans Can be Played on iOS and PC

SEATTLE, Aug. 28, 2013 /PRNewswire/ — Big Fish, the world’s largest producer of casual games and the #1 publisher of Hidden Object adventures, is excited to release “Dark Manor: A Hidden Object Mystery” for the PC. Entertaining players on iOS since June, this critically acclaimed game fuses Hidden Object challenges with strategic simulated world creation. Set in ghostly New Orleans in the 1920’s, players will inherit a ghostly manor from their long lost uncle Sterling, setting off on a ghost-hunting, mystery-solving adventure.


“Dark Manor” is the most beautifully crafted Hidden Object game to hit casual gamers to date. It fuses Hidden Object challenges with strategic simulated world creation, encouraging players to beautify their manor in order to get access to more Hidden Object gameplay. Designed for any level of player, anyone can instantly jump into the action for free, with no unlock required, for endless hours of Hidden Object fun. For those looking for a more social experience, “Dark Manor’s” social features encourage players to connect with friends and help each other advance in the game by visiting each other’s manors and exchanging gifts.

For the first time ever, “Dark Manor” introduces zoomable Hi-Depth™ Hidden Object scenes, designed to simulate an unprecedented level of immersion. The manor grounds transform completely between Day and Night modes with different looks, animations, and mode-specific quests, adding to the mystifying adventure and heightening the fun. Players can also pick up at the same spot in “Dark Manor” on their mobile device where they left off on their PC by simply logging into “Dark Manor” via Facebook.

“Dark Manor: A Hidden Object Mystery” is available for free download on the Apple Appstore and now on

“Dark Manor: A Hidden Object Mystery” is the FIRST Big Fish game ever to:

  • Introduce zoomable Hi-Depth™ Hidden Object Scenes with parallax scrolling for an unparalleled immersive HO experience.
  • Include fully transformative Day and Night modes, with different looks, animations, and mode-specific quests.
  • Allow players to connect with their friends and help each other advance by visiting and exchanging gifts.
  • Allow persistent save state across iOS and PC
  • Exceptionally high production values combined with best in class Free-to-Play features
  • Fuse Hidden Object challenges with strategic simulated world creation
Source: Big Fish

Written by asiafreshnews

August 29, 2013 at 11:01 am

Posted in All releases

Galigeo Acquires Location Intelligence Division of APOS Systems Inc.

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TORONTO, Aug. 28, 2013 /PRNewswire/ — Galigeo and APOS Systems Inc. today announce that Galigeo has acquired the assets, staff and activities of the Location Intelligence division of APOS Systems Inc., and is including them in its portfolio of Location Intelligence Solutions under the name “Galigeo-APOS LIS”. For APOS clients and partners this will be a seamless transition because Galigeo will integrate the LIS software to its offerings, while continuing to provide and expand worldwide technical support, maintenance and specialized consulting services.

With this acquisition Galigeo continues its leadership in Location Intelligence and Location Analytics software,” says Galigeo CEO Christian Tapia-Stocker. “Galigeo’s focus on modern, standards-based applications and services solidifies our leadership position of combining Location with business data in applications to improve business outcomes. The acquisition of the Location Intelligence division of APOS Systems Inc. accelerates that move.”

APOS’ Location Intelligence software, when integrated with Galigeo’s expertise with industry vertical and horizontal business applications, will serve as the centerpiece of Galigeo’s innovative and forward-moving Location Intelligence (LI) solutions strategy. Galigeo’s LI solutions will now include BI*Where, Retail*Where, Sell*Where, Galigeo Dashboard, and Galigeo-APOS LIS (for SAP® BusinessObjects™ BI solutions). This robust suite of industry-leading software (with more than 200 installations in 18 countries), when connected to BI, CRM and mapping platforms such as SAP BusinessObjects solutions, IBM Cognos,, Microsoft, Esri and others, provides more than ample solutions to our current customers, protecting their LI investments today and providing a growth path for their future.

This acquisition improves Galigeo’s market-facing capabilities to deliver enterprise-level location intelligence solutions in geo-marketing, sales optimization, law-enforcement, infrastructures and compliance. This investment supports our strategic agenda: continued expansion and growth, especially in the US, and commitment to our strategic partners, such as SAP and Esri,” says Christian Tapia-Stocker.

“APOS has known Galigeo as a strong business competitor in the Location Intelligence market during the 8 years we have been involved in this space,” says Allan Pym, COO of APOS. “This acquisition takes Galigeo to a new Location Intelligence market leadership position, helping them take current and future customer organizations to new levels of success in their location intelligence and location analysis initiatives. APOS is now able to return to a pure focus on platform management solutions for SAP BusinessObjects, where we have been market leaders for almost 15 years.”

Location Intelligence adds the spatial dimension to standard BI and CRM systems to solve optimization, analysis, prediction and reporting problems. While all major business sectors can benefit, Galigeo focuses on retail, consumer goods, communications services, energy, pharma/life-sciences, manufacturing, government and homeland security.

Galigeo software products and consulting services guide its clients through technical, organizational and integration alternatives, which encompass:

  • Location Analytics to find and enable the “where factor” in existing data sources, such as BI and CRM systems, and provide more customer and market insight, visualizing and analyzing the outcome, and developing actionable recommendations.
  • Location Discovery using the geographic identifiers (Geocodes), to enrich and exploit heterogeneous data from any Data Source (i.e. Data Warehouse, Data Marts) thereby increasing the amount of business data that can be included in location analysis efforts.
  • Location Operations to optimize the deployment of a large sales force or distribution channels; obtain an insightful understanding of clients across geographies and the corresponding impact on the enterprise’s profitability.

About Galigeo

Galigeo has been paving the way in Location Intelligence since 2001. By combining geographic mapping, location related data with key business information, Galigeo enables organizations to gain critical insights, make better decisions and optimize business processes and applications. Galigeo is trusted by some of the world’s largest businesses and organizations who want to implement Location Intelligence solutions: Autodesk, Arcelor-Mittal, Heineken, Vinci, Carrefour, Orange, Total, Sodexo, European Commission, State of Geneva, Swiss Federal Roads Office, French Police department, State of Massachusetts, to name but a few. Galigeo is headquartered in Paris with offices in New York City, and Limburg (Germany).

About APOS Systems Inc

Since its beginning in 1992, APOS Systems Inc. has evolved from a custom business application development shop to a global provider of solutions promoting well managed business intelligence (BI). APOS improves customer return on BI investment through BI platform management solutions that enable high-efficiency system administration, auditing, storage, publishing, migration acceleration and mobile connectivity. (

SAP and all SAP logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries. All other product and service names mentioned are the trademarks of their respective companies. Business Objects, BusinessObjects, and the Business Objects logo are trademarks or registered trademarks of Business Objects in the United States and/or other countries. Business Objects is an SAP company.

Galigeo Contact:
Christian Tapia, CEO
116w, 23rd Street, suite 500
New York City, 10011, USA

Thomas Lejars, Sales Director
87 Avenue d’Italie
75013 Paris, France

APOS Contact:
Allan Pym, COO
1118-100 Conestoga College Blvd.
Kitchener, Ontario, Canada

Jay Murdoch, Sales Manager
1118-100 Conestoga College Blvd.
Kitchener, Ontario, Canada

Source: Galigeo

Written by asiafreshnews

August 29, 2013 at 10:47 am

Posted in All releases

Latin Markets & EY Host The Real Estate Brazil Forum in Rio de Janeiro, 400 LPs & GPs

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SAO PAULO /PRNewswire/ — Latin Markets and EY, formerly Ernst & Young, will host the 2013 Real Estate Brazil Forum, expected to bring together 400+ industry leaders in Rio de Janeiro on September 16th and 17th for a discussion on the future of real estate in Brazil. View the event agenda here.
Latin Markets’ publication, Latin Private Equity Journal, sat down with key event speaker, Viktor Andrade, Head of Mergers and Acquisitions for EY in Brazil, to talk about what he’s seeing on the ground.
“When you talk about the real estate sector, Brazil has a gigantic amount of repressed demand that comes from two decades of recession,” Mr. Andrade explains. “Now housing is much more affordable because more adequate financing is in place and there is a mass of people that are only starting to gain real income and buy homes.”
Looking ahead to the 2016 Olympic Games in Rio de Janeiro, Mr. Andrade spoke on the need for improvement in the quality of hotels, noting that “We’re going to get a better stock of hotels in Rio and this will lead to the older hotels being shut down or retrofitted. We’ll be more prone to have an adjustment in hotel room rate prices rather than vacancies in the future.” (View the full interview here)
The Real Estate Brazil Forum will include speakers from EY, the Health Industry Plan of Australia, Eastman Corporation Pension Plan, Koch Equity Investments, Utah Retirement Systems, FUNCEF, Valia Pension, Fundacao CESP Pension, Courtland Partners and Waverly Advisors, in addition to a keynote presentation by Henrique Meirelles, Former President of the Brazilian Central Bank.
This forum will be a vital platform providing international investors access to opportunities in Brazil, as well as local investors access to international opportunities.
Date: September 16-17, 2013
Event: The Real Estate Brazil Forum
Location: Copacabana Palace Hotel, Rio de Janeiro
Event Contact:
Amir Ouki
About Latin Markets:
Latin Markets provides access to new investments, business opportunities and partnerships for the global investment community. We produce event platforms that include a wide range of business development and educational vehicles enabling Latin America’s most active investors and fund managers to more adeptly navigate socio-economic, regulatory and financial considerations within the market. Visit us online at
Source: Latin Markets

Written by asiafreshnews

August 29, 2013 at 10:42 am

Posted in Uncategorized

Leading CIOs Share Their Secrets of Success

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NEW YORK, Aug. 28, 2013 /PRNewswire/ — IT leaders from the National Basketball Association, the US Tennis Association, and The University of Massachusetts are among those featured in Enterprise Efficiency’s new series, “How to Become a CIO.”

Enterprise Efficiency ( takes you behind the scenes for a real-world discussion with eight top-notch IT leaders about the skills, management experience, and personal philosophies required to succeed as a CIO.

The 10-part series, “How to Become a CIO,” by Editor-in-Chief Sara Peters, includes interviews with IT leaders from the NBA, the USTA, and UMass, among others. The series also includes an E2 Radio interview with executive recruiter Martha Heller (, plus a primer on the Top 10 Tips to Become a CIO (

Click here for a complete roundup of the articles in this series:

The series is part of’s CIO Zone, which features blog posts, community discussions, video, and radio shows all by, for, and about CIOs:

About Enterprise Efficiency

Founded in February 2010, Enterprise Efficiency ( is a unique interactive community of business technology leaders and executive decision-makers — including CIOs, CTOs, and other IT executives and professionals — to share ideas, insights, observations, and best-practices, as well as the intellectual support to help enterprise technology executives make these goals a reality. Enterprise Efficiency has won numerous editorial awards for its blogs and video content, and is sponsored by Dell Inc.

About UBM DeusM

UBM DeusM ( is an integrated marketing services company owned by UBM plc, targeting the fastest growing segment of the online publishing industry: business social media. The company is led by Managing Director Stephen Saunders, Min’s Marketer of the Year 2010. He and the other UBM DeusM principals have built and delivered more than 45 successful sites and online communities over the last two years. UBM DeusM’s service is based on a unique platform, called Community in a Box (CiaB), which employs a structured system of proven B2B Web publishing best-practices, combined with a breakthrough integrated multimedia publishing platform (“n-Server”) to enable marketers to quickly and profitably set up specialized communities for their target customers.

About UBM Tech

UBM Tech ( is a global media business that provides information, events, training, data services, and marketing solutions for the technology industry. Its media brands and information services inform and inspire decision makers across the entire technology market — engineers and design professionals, software and game developers, solutions providers and integrators, networking and communications executives, and business technology professionals. UBM Tech’s industry-leading media brands include EE Times, Interop, Black Hat, InformationWeek, Game Developer Conference, CRN, and DesignCon. The company’s information products include research, education, training, and data services that accelerate decision making for technology buyers. UBM Tech also offers a full range of marketing services based on its content and technology market expertise, including custom events, content marketing solutions, community development, and demand generation programs. UBM Tech is a part of UBM (UBM.L), a global provider of media and information services with a market capitalization of more than $2.5 billion.

Amy Averbook
Sr. Marketing Director

Source: Enterprise Efficiency

Related stocks: LSE:UBM

Written by asiafreshnews

August 29, 2013 at 10:33 am

Posted in Uncategorized

Prolexic Issues Warning: Growing Trend in Fraud, Identity Theft Being Camouflaged by DDoS Attacks

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— Threat advisory exposes DDoS attack signatures from the Drive Toolkit; issues alert to fraud departments

HOLLYWOOD, Fla., Aug. 28, 2013 /PRNewswire/ — Prolexic, the global leader in Distributed Denial of Service (DDoS) protection services, today shared attack signatures and details that are helpful to detect and stop DDoS attacks from the Drive DDoS toolkit, an attack tool often used as a source of distraction while criminals break into customer accounts at finance firms and e-Commerce businesses.

DDoS attacks from the Drive DDoS toolkit and other variants of the Dirt Jumper toolkit can sidetrack IT security personnel while criminals attempt to transfer funds out of bank accounts, gather passwords for later use, or place unauthorized orders. Because attacks from this criminal DDoS toolkit are associated with identity theft, recognizing the Drive toolkit as the source of a DDoS attack can lead financial institutions, banking, insurance, investment firms, brokerages or e-Commerce firms to suspect and investigate possible fraudulent access of customer accounts that may have occurred during the attack.

“During the confusion of a DDoS attack, malicious actors can break into the financial and e-Commerce accounts of customers without being noticed,” warned Stuart Scholly, President at Prolexic. “IT departments are typically so focused on the damage caused by the DDoS attack that they don’t realize it may merely be a planned distraction while criminals loot customer accounts.”

New signatures, communication patterns

The Drive toolkit, which is being leaked in underground hacking forums, has been the source of multiple recent DDoS attacks observed by the Prolexic Security Engineering and Response Team (PLXsert). The tool is a newer variant of the Dirt Jumper family of DDoS toolkits, one of the most popular denial of service attack tools in use today.

“In recent weeks, Prolexic has detected, stopped and mitigated DDoS attacks launched against our clients from the Drive DDoS toolkit,” said Scholly. “Although these attacks are cousins to Dirt Jumper DDoS toolkit, they have new signatures and communication patterns. In all cases, Prolexic mitigated attacks from the new toolkit in minutes, as promised in our service level agreement.”

Attacks target Web applications

Six types of DDoS attacks are built into the Drive toolkit, allowing attackers to launch a variety DDoS attacks. The tool features GET floodsPOST floods, POST2 floods, IP floods and IP2 floods directed at the application layer as well as UDP floods, which target network infrastructure. Encryption allows malicious actors to hide their identities.

“Companies often don’t realize they are under attack from the Drive toolkit, because application attacks increase server utilization without excessive network traffic,” Scholly added. “The information in the threat advisory can help detect these attacks quickly.”

DDoS threat advisory

An analysis of the Drive threat, including screenshots, launch commands, sample payloads and identifying signatures to enable DDoS mitigation techniques, is available free of charge in Prolexic’s Drive DDoS Threat Advisory at

Prolexic Threat Advisories
Designed to provide early warnings of new or modified DDoS attack signatures and scripts recently observed by PLXsert, threat advisories contains descriptions of the type of attack, attack signatures, and the network infrastructure or application that it targets. In addition, Prolexic’s DDoS mitigation experts also offer insight into the nature of each type of attack and provide warnings as to how the attack will affect businesses and enterprises of different sizes and infrastructures. PLXsert also provides tips to help subscribers not only recognize the new attack signatures, but also proactively defend against them. The latest threat advisories, including itsoknoproblembro and Pandora, are available to the public at

About Prolexic
Prolexic is the world’s largest, most trusted Distributed Denial of Service (DDoS) mitigation provider. Able to absorb the largest and most complex attacks ever launched, Prolexic restores mission-critical Internet-facing infrastructures for global enterprises and government agencies within minutes. Ten of the world’s largest banks and the leading companies in e-Commerce, SaaS, payment processing, travel/hospitality, gaming, energy and other at-risk industries rely on Prolexic to protect their businesses. Founded in 2003 as the world’s first in-the-cloud DDoS mitigation platform, Prolexic is headquartered in Hollywood, Florida, and has scrubbing centers located in the Americas, Europe and Asia. To learn more about how Prolexic can stop DDoS attacks and protect your business, please visit and follow us on LinkedInFacebookGoogle+YouTube,and @Prolexic on Twitter.

Michael E. Donner
SVP, Chief Marketing Officer
Media {at} prolexic {dot} com
+1 (954) 620 6017

Source: Prolexic Technologies

Written by asiafreshnews

August 29, 2013 at 10:14 am

Posted in All releases