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#Panasonic Enters #Edtech Market With #CareerEx, Xcelit Apps For College, School Students SPONSOR: BetterU Education Corp. $BTRU.ca $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 2:15 PM on Wednesday, January 29th, 2020
SPONSOR:  BetterU Education Corp. aims to provide access to quality education from around the world. The company plans to bridge the prevailing gap in the education and job industry and enhance the lives of its prospective learners by developing an integrated ecosystem. Click here for more information.

Panasonic Enters Edtech Market With CareerEx, Xcelit Apps For College, School Students

  • Panasonic has launched two edtech platforms — CareerEx and XcellT
  • It will offer courses in technologies such as data science, cloud computing and more
  • India Skills Report 2019 found that 50% of the job applicants in India either have very basic or no required skills for the job

Yatti Soni

Looks like edtech is slowly becoming a lucrative sector, even for consumer tech giants. The Indian arm of Japanese multinational Panasonic has launched CareerEx and Xcelit to enter the Indian edtech market. Both products are aimed at solving the skill development gap in India’s deeptech sector. 

While CareerEx is designed to help college and university students get training in emerging technologies such as data science, cloud computing, machine learning, artificial intelligence and internet of things (IoT), Xcelit is focused on school students from Tier 2 and Tier 3 cities. The products are said to also help schoolgoers in their preparation for competitive exams. 

CareerEx courses are priced at the starting cost of INR 9999 per month, while Xcelit courses start from INR 999 per month. The products will also offer individual tests for INR 99. Both apps are available on Android and iOS devices.
Students on both apps can get a chance to work on Panasonic projects and internships. The company has collaborated with various educational institutions to develop courses in CareerEx and Xcelit. These products have been developed for students, colleges, and universities, to bridge the existing skill development gap between the education system and the employment needs of the industry in the future, Panasonic said.

According to Atsushi Motoya, head of Panasonic India Innovation Centre, the Japanese electronics major is looking to impacting over 100K students with these edtech products in the next five years. 

Skill Gap In Indian Market

The India Skills Report 2019 found that about 50% of the job applicants in India either have very basic or no required skills for the job, which highlights the need to train individuals in the skills, techniques and technology that businesses are actually using today. Other startups in this skilling space include Pesto, upGrad, Udacity, UnAcademy and others that offer professionals and students online upskilling and reskilling courses.

According to World Economic Forum, over half of the workers in India will need reskilling by 2022, to meet the future talent demands. Also according to a Datalabs by Inc42 study, the scarcity of high skilled labour in India was one of the biggest hindrances in the business growth of deeptech startups operating in India. 

Narendra Modi government had launched the Skill India initiative in 2015. The programme aimed to train more than 400 Mn people in different skills by 2022. However till June 2018, only 40 Mn people were trained, wherein 25 Mn people were trained under the skill development and entrepreneurship ministry.

Source: https://inc42.com/buzz/panasonic-enters-india-edtech-market-with-careerex-xcelit-apps-for-college-school-students/

How #Mhealth apps are providing solutions to the healthcare market’s problems – SPONSOR: CardioComm Solutions $EKG.ca – $ATE.ca $TLT.ca $OGI.ca $ACST.ca $IPA.ca

Posted by AGORACOM-JC at 2:00 PM on Wednesday, January 29th, 2020

SPONSOR: CardioComm Solutions (EKG: TSX-V) – The heartbeat of cardiovascular medicine and telemedicine. Patented systems enable medical professionals, patients, and other healthcare professionals, clinics, hospitals and call centres to access and manage patient information in a secure and reliable environment.

How mHealth apps are providing solutions to the healthcare market’s problems

  • Mobile health is the monitoring and sharing of health information via mobile technology – such as wearables and health tracking apps
  • The use of mobile devices and wireless technology to monitor symptoms and deliver care allows physicians to make diagnoses quicker and with fewer errors

By: Alicia Phaneuf

Today’s consumers don’t want to solely rely on yearly physicals or scattered drop-in appointments to monitor their health – they are seeking more individualized control over the way healthcare is accessed so that they can analyze personal health data and talk to healthcare professionals at all times.

By embracing mobile health, or mHealth, patients are able to keep track of their own health data in real time and inform healthcare providers of any abnormalities at the push of a button.  

What is mHealth (mobile health)?

Mobile health is the monitoring and sharing of health information via mobile technology – such as wearables and health tracking apps. The use of mobile devices and wireless technology to monitor symptoms and deliver care allows physicians to make diagnoses quicker and with fewer errors. 

And as tech giants like Apple and Google continue pushing their way into healthcare, mHealth will likely grow in popularity.

mHealth vs telehealth

Telehealth uses technology to extend the reach of healthcare professionals beyond traditional clinical settings. It’s a broad term describing how the healthcare market is taking advantage of digital development to enable remote care. Samsung Health is a platform where individuals can view activity trends, health insights and access telehealth services. Steve Kovach/Business Insider

Comparatively, mHealth is a subset of telehealth, referring specifically to the use of mobile technology to inform and educate consumers on healthcare. It uses mobile devices to monitor patients’ exercise, heart rate, and medication adherence.

Examples of different types of mHealth apps

Mobile health is gaining steam among consumers as Apple and Google continue to offer an array of mHealth applications on their app stores; there were more than 318,000 mHealth apps available for download worldwide as of November 2017. Some of the most common categories of mHealth apps include: 

  • Diabetes 
  • Pregnancy 
  • Weight loss 
  • Chronic illness 

Top mHealth apps on the market

With increasing consumer demand to monitor their own health comes the opportunity for healthcare companies and tech giants to develop mHealth applications. Here are some of the top mobile health apps on the market: AliveCor’s KardiaMobile allows users to take an EKG and have data stored directly onto their smartphone. Alivecor

  • Fitbit
  • Apple Heart Study
  • GoogleFit
  • Samsung Health 
  • AliveCor’s KardiaMobile
  • BlueStar

Benefits of mHealth app solutions

Stakeholders across the healthcare industry are looking to tap into the mHealth opportunity as Mobile health applications are beginning to integrate electronic health records (EHRs) and other wearable tech devices

According to Business Insider Intelligence, nearly half of all mHealth app publishers integrate with EHRs in order to provide a detailed representation of a patient’s health or medical history. Stakeholders across the healthcare industry are looking to tap into the mHealth opportunity. Business Insider Intelligence

Healthcare providers could reduce appointment costs by taking advantage of mHealth applications – which lowers the risk of patient rehabilitation. Instead of staying in a healthcare facility post surgical discharge, patients could utilize mHealth apps for recovery instructions and medication reminders. 

Payers – which handle the financial aspects of healthcare – can also capitalize on mHealth cost benefits. According to a 2018 Leavitt Partners report, clinical care only accounts for 20% of health, and social determinants account for the remainder. 

Health insurance providers could develop mobile apps that provide consumers with health education and send reminders to purchase healthy food – keeping patients largely responsible for their own healthcare.

mHealth industry trends & technologies

One concern consumers have regarding mHealth solutions has to do with data-sharing practices among multiple technologies and applications. According to Business Insider Intelligence, 79% of 24 top-rated mHealth apps shared user data with 55 entities, like app developers and third parties. 

Despite privacy concerns however, Business Insider Intelligence predicts that as big tech companies like Apple and Samsung continue to generate their own health features in smartphones, the adoption of mHealth apps will continue to grow.

In fact, Apple grew wearable revenue 42% year-over-year in 2018 and has the potential to hit $15 billion in healthcare-related revenue by 2021. 

Source: https://www.businessinsider.com/mhealth-apps-definition-examples

Disinformation in 5.4 Billion Fake Accounts: A Lesson for the Private Sector SPONSOR: Datametrex AI Limited $DM.ca

Posted by AGORACOM-JC at 1:30 PM on Wednesday, January 29th, 2020

SPONSOR: Datametrex AI Limited (TSX-V: DM) A revenue generating small cap A.I. company that NATO and Canadian Defence are using to fight fake news & social media threats. The company announced three $1M contacts in Q3-2019. Click here for more info.

Disinformation in 5.4 Billion Fake Accounts: A Lesson for the Private Sector

  • Social media platforms are turning a new leaf to make online communities safer and happier places. Instagram turned off “likes,” but the biggest news came when Facebook shut down 5.4 billion fake accounts.

By: John Briar

Social media platforms are turning a new leaf to make online communities safer and happier places. Instagram turned off “likes,” but the biggest news came when Facebook shut down 5.4 billion fake accounts. The company reported that up to five percent of its monthly user base of nearly 2.5 billion consisted of fake accounts. They also noted that while the numbers are high, that doesn’t mean there is an equal amount of harmful information. They are just getting better at identifying the accounts.

The concerted effort to close fictitious accounts is shedding light on disinformation and misinformation campaigns. But it’s not a new tactic. It dates back to the early days of war when false content was spread with the intent to deceive, mislead, or manipulate a target or opponent. Where disinformation was once communicated by telegram, the modern version of vast, coordinated campaigns are now disseminated through social media with bots, Twitterbots and bot farms—at a scale humans could never perform.

Now, disinformation campaigns can be lodged by a government to influence stock prices in another country, or by a private company to degrade brand presence and consumer confidence. What’s worse is that bots can facilitate these campaigns en masse.

Understanding the Role Bots Play in Disinformation

On social media, you might be able to easily identify bots trolling users. Or maybe not—it’s often trickier than you’d expect. Sophisticated bots use several tactics that make them successful at disinformation and appearing human, including:

  1. Speed and Amplification – Bots quickly spread low-credibility content to increase the likelihood information goes viral. The more humans see the disinformation campaigns, the more likely they are to spread it themselves.
  2. Exploiting Human-Generated Content – Bots spread negative or polarizing content generated from real humans that prove to be credible to other humans.
  3. Using Metadata – Bots used more metadata (comments, photo captions, etc.) to appear as human, which helps evade detection.

Whether fraudsters create false information or use existing misinformation, bots are the unstoppable force in the spread of disinformation. Even with platforms like Facebook dismantling campaigns, taking down bots is a pervasive game of whack-a-mole.

Business Interference: A Bot’s Expertise

How do we take the lessons learned and apply them to today’s businesses? For one thing, we know that identifying bots masquerading as customers, competitors, or the actual company is increasingly difficult.

Some attempts to deceive, mislead and manipulate customers use the same bot-driven propaganda techniques as we have seen on social media platforms. Bots can amplify and create negative reviews, spread misinformation about unrest in a company, or defame company leadership.

Beyond that, one of the biggest threats to businesses is content scraping. In this attack vector, bots are programmed to crawl and fetch any information that could be used “as is” or injected with misinformation before spreading. This could include prices, promotions, API data, articles, research and other pertinent information. Because of the open nature of the Internet, nothing is stopping bots from gaining access to websites and applications, unless bot detection and mitigation is in place.

Aside from what we have seen, what do company-targeted disinformation campaigns look like in the wild?

  • Legitimate pricing sheets could be scraped by a bot, then distorted to become favorable to the competition before presenting to prospects.
  • Articles are stolen, injected with misinformation and copied around the Internet—hurting businesses twofold—search engines assuming the company is trying to game SEO and lowering the ranking, and misleading content consumers.

Given that bots account for nearly half of web traffic, standard cybersecurity technologies that do not specialize in bots cannot prevent the onslaught of fraudulent traffic. If information reserved for customers and partners exists on company websites, even behind a portal, companies should expect bots to continue scraping their sites until they leave with valuable content. From all the data that has been studied, bad bots come early – days after a site is launched. They attack in waves, consistently trying and retrying to capture critical information.

The Future of Bots in 2020

If the headlines teach us anything, we can predict that 2020 will bring even more sophisticated bots in full force, leveraging artificial intelligence (AI) and getting smarter about how to behave like a human. To outpace fraudsters and their bot armies, the same advanced technologies like AI and machine learning along with behavioral analytics are required. Only then will it be possible to parse out traffic and allow humans through, while stopping bots before they can gather information for disinformation campaigns.

Source: https://www.securitymagazine.com/articles/91616-disinformation-in-54-billion-fake-accounts-a-lesson-for-the-private-sector

Tartisan #Nickel $TN.ca – Understanding Nickel Usage in Lithium Batteries $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca

Posted by AGORACOM-JC at 12:34 PM on Wednesday, January 29th, 2020

SPONSOR: Tartisan Nickel (TN:CSE)  Kenbridge Property has a measured and indicated resource of 7.14 million tonnes at 0.62% nickel, 0.33% copper. Tartisan also has interests in Peru, including a 20 percent equity stake in Eloro Resources and 2 percent NSR in their La Victoria property. Click her for more information

Tc logo in black

Understanding Nickel Usage in Lithium Batteries

  • CRU calculates that around 5% of nickel demand came from the battery sector in 2019
  • However, we forecast that growth will be rapid and the battery sectors use of primary nickel will reach 870,000 tonnes by 2030 and 1.5 Mt by 2040

LONDON, Jan. 29, 2020 — This Insight focuses on current nickel use in the battery sector, how it has changed in recent years, what is driving these changes and what our base case demand forecasts for nickel are.

Understanding nickel usage in lithium batteries (PRNewsfoto/CRU)

CRU calculates that around 5% of nickel demand came from the battery sector in 2019. However, we forecast that growth will be rapid and the battery sectors use of primary nickel will reach 870,000 tonnes by 2030 and 1.5 Mt by 2040. The evolution of the electric vehicle sector and the differing battery technologies within it, will increasingly shape the nickel market and represent a third of total demand by 2040.

There has been fierce debate surrounding the outlook for nickel usage in lithium batteries over the past few years. CRU has invested a large amount of time and resources into developing in-house long-term modelling capabilities for the automotive sector. This work has been undertaken not only to support our analysis of traditional automotive commodities like steel and aluminium, but also to shed light on the development and growth of the nascent electric vehicle (EV) sector and to better understand the resultant long-term impact for a wide range of commodities including cobalt, lithium, nickel, graphite and PGMs.

Of the various battery chemistries in widespread production four use nickel: nickel metal hydride (NiMH), nickel cadmium (NiCd), nickel-manganese-cobalt (NMC) and nickel-cobalt-aluminium oxide (NCA). Here, we will focus on NMC and NCA, which amount to more than 95% of nickel contained in batteries. NMC and NCA are lithium-ion batteries (LIBs), but NiMH and NiCd are not and we believe more applications will move towards using LIBs in the future.

Sourcing of nickel units for cathode markets shows high degree of flexibility

CRU’s in-house nickel sulphate supply model covers nine separate key processing routes. These can be classified into four categories, based on the raw materials used; sulphide ore, nickel briquettes, laterite ore and recycled nickel. Currently, sulphide ore, nickel briquettes are the dominate routes, but laterite ore and recycled nickel are growing.

Read the full story:

https://www.crugroup.com/knowledge-and-insights/insights/2020/understanding-nickel-usage-in-lithium-batteries/

NORTHBUD $NBUD.ca – Canada’s #Marijuana Sales Top $100 Million in a Month for the First Time $CGC $ACB $APH $CRON.ca $OGI.ca

Posted by AGORACOM-JC at 5:40 PM on Tuesday, January 28th, 2020

SPONSOR: NORTHBUD (NBUD:CSE) Sustainable low cost, high quality cannabinoid production and procurement focusing on both bio-pharmaceutical development and Cannabinoid Infused Products. Learn More.

  • Aside from the fact that cannabis sales hit a new all-time high in November — something not unexpected given that the Canadian pot industry is still ramping up — what really stood out is that monthly sales finally eclipsed $100 million (that’s U.S. dollars). 

By: Sean Williams

It’s pretty incredible what a difference a year can make.

At this time last year, cannabis stocks were flying high, and the expectation had been that most brand-name companies would push toward recurring profitability by the end of the year. Of course, hindsight being what it is, we know this didn’t happen. High tax rates in select U.S. states, persistent supply issues in Canada, and a resilient black market weighed heavily on the cannabis industry in 2019 and pushed a number of popular pot stocks to two-year lows.

However, there may be light at the end of the tunnel.

Image source: Getty Images.

Canadian weed sales just hit a monthly milestone

Late last week, Statistics Canada released its monthly retail trade sales data for November. Since the marijuana industry is tightly regulated, but nonetheless legal, licensed cannabis store data is included in this monthly report. Aside from the fact that cannabis sales hit a new all-time high in November — something not unexpected given that the Canadian pot industry is still ramping up — what really stood out is that monthly sales finally eclipsed $100 million (that’s U.S. dollars). 

Here’s a snapshot of how licensed cannabis store sales have progressed since adult-use weed hit dispensary shelves on Oct. 17, 2018 (data is reported in Canadian dollars (CA$), with parenthesis featuring U.S. dollar equivalency).

  • October (2018): CA$53.68 million ($40.83 million)
  • November (2018): CA$53.73 million ($40.87 million)
  • December (2018): CA$57.34 million ($43.61 million)
  • January: CA$54.88 million ($41.74 million)
  • February: CA$51.66 million ($39.29 million)
  • March: CA$60.94 million ($46.35 million)
  • April: CA$74.58 million ($56.73 million)
  • May: CA$85.81 million ($65.27 million)
  • June: CA$91.46 million ($69.56 million)
  • July: CA$107.36 million ($81.66 million)
  • August: CA$125.95 million ($95.8 million)
  • September: CA$122.93 million ($93.5 million)
  • October: CA$128.98 million ($98.1 million)
  • November: CA$135.75 million ($103.25 million)

It took more than a year, but November featured more than $103 million in sales for Canada, a market that Wall Street foresees generating $5 billion in annual sales by 2024. As a whole, the Canadian marijuana market has generated $916.6 million in revenue since sales commenced on Oct. 17, 2018. This makes it very likely that Canada surpassed $1 billion in aggregate pot sales since launch in December, but we’ll have to wait a month to confirm.

Image source: Getty Images.

Here’s why Canadian cannabis sales could make a major leap forward in 2020

The hope, among both Wall Street and investors, is that this uptick in sales is really just the tip of the iceberg. Two key changes in the cannabis market are expected to improve consumer demand and relieve a lot of the supply bottlenecks that’ve hindered pot sales to this point.

The first is the launch of high-margin derivative products, which kicked off in mid-December. Derivatives are non-dried flower products, such as vapes, edibles, infused beverages, topicals, and concentrates. Not only do derivatives offer a new means of consumption that doesn’t, necessarily, require smoking cannabis, but they’re significantly more attractive to a younger generation of users who have shown a greater willingness to try or buy these higher-margin consumption alternatives.

According to investment bank Cowen Group, half of all U.S. pot sales are expected to be generated from derivatives, with dried flower and pre-rolled cannabis making up the other 43% and 7%, respectively. If these figures translate similarly in Canada, then the launch of derivatives should begin to put some pep in grower’s step by midyear, or maybe even sooner.

The other major catalyst is the long-awaited dispensary license reform being undertaken in Ontario, the country’s largest province by population. Having previously worked with a lottery system, Ontario, home to 38% of Canada’s residents, only opened 24 cannabis retail stores as of the one-year anniversary of recreational weed sales. This created few channels for legal product to reach consumers and allowed the black market to thrive.

Moving forward, Ontario has plans to issue dispensary licenses in a more traditional fashion. Licenses should start being issued by no later than April, with the expectation of 20 (or more) stores opening each month. By year’s end, provincial regulators hopes to have around 250 open locations, representing about a 10-fold increase from where it began the year.

Image source: Getty Images.

Source: https://www.fool.com/investing/2020/01/28/canadas-marijuana-sales-top-100-million-in-a-month.aspx

Why #Palladium Is on a Tear – SPONSOR: New Age Metals $NAM.ca $WG.ca $XTM.ca $WM.ca $PDL.ca $GLEN

Posted by AGORACOM-JC at 5:08 PM on Tuesday, January 28th, 2020

SPONSOR: New Age Metals Inc. The company owns one of North America’s largest primary platinum group metals deposit in Sudbury, Canada. Updated NI 43-101 Mineral Resource Estimate 2,867,000 PdEq Measured and Indicated Ounces, with an additional 1,059,000 PdEq Ounces Inferred. Learn More.

Why Palladium Is on a Tear

  • Story behind palladium’s move is that a physical shortage has developed in London
  • Traders sold metal they didn’t physically possess
  • Now they are being asked to deliver the bars and they are scrambling to secure the metal needed, bidding prices higher

Clint Siegner, Money Metals Exchange

Physical palladium and rhodium markets are buzzing. Reported prices for both metals leapt higher in recent days.

The story behind palladium’s move is that a physical shortage has developed in London. Traders sold metal they didn’t physically possess. Now they are being asked to deliver the bars and they are scrambling to secure the metal needed, bidding prices higher.

It looks like bullion bankers selling paper metal are finally getting called for selling way more than they can actually deliver!

People have complained about this practice in precious metals markets for decades.

More and more contracts have been sold, but inventories of actual physical metal have not kept pace. Price discovery is broken when the paper price of metal is detached from physical supply-and-demand fundamentals.

Today, there are hundreds of paper ounces floating around for every ounce of physical metal eligible for actual delivery.

As soon as a few contract holders lose confidence in their ability to redeem the paper for actual metal, the jig is up. The rush for physical bars will drain exchange vaults quickly and anyone still holding paper when the music stops will be out of luck.

That may be happening now in the market for palladium.

Sellers with an obligation to deliver physical metal can lease bars, rather than purchase them. But that is now a very expensive proposition. Lease rates spiked to near 30% last week in London.

Lessees must promise to return the quantity leased plus 30% in additional palladium ounces.

New Cautions on Rhodium

Rhodium prices have surged along with palladium. Price discovery in rhodium works differently than for other precious metals, so investors need to be especially careful.

The “spot” price for rhodium surged to $9,985 last week. However, that price does not come from a market where regular trading produces live, real-time prices.

Rather, the rhodium ask price is simply declared by major refiners. Johnson Matthey is one of the firms which publishes a price.

The price is generally updated twice per day during the trading week.

Lately the published ask prices jumped dramatically higher. Bid prices, on the other hand, have not kept up.

The bid/ask spread in the thinly traded rhodium market has always been wider than in other precious metals, but it’s wider now than ever. Current bids are roughly $2,000 below the published ask price.

If there really are industrial users paying the refiners’ $10,000 ask price for physical rhodium, it is quite an opportunity for arbitrage. Traders could theoretically purchase bars at the bid price and sell them at a very healthy profit to anyone paying the ask price.

That isn’t happening, at least as far as we can determine. Someone may have published a $10,000 ask price, but we can’t locate anyone actually paying that sum for rhodium bars.
Despite what the surging “spot” price for rhodium may imply, the bid for physical rhodium remains weak.

Money Metals has taken dozens of calls per day from sellers trying to cash in on spot prices near $10,000/oz. Many are disappointed to find actual prices are far lower which is a result of wholesalers dropping their bids. We believe one major rhodium buyer will cease further buying soon.

The rhodium market is tiny and illiquid. Price discrepancies like the one we are seeing are common. Our advice to clients would be not to put much credence in the “spot” price they see published until the spread is much tighter than it currently is.

The true price of rhodium, like all assets, is based on what real buyers are actually paying. That is currently closer to $8,000/oz, not $10,000/oz.

Source: https://www.fxstreet.com/analysis/why-palladium-is-on-a-tear-202001281550

Data Privacy Day 2020: 5 Lessons From The Past To Better Secure The Future – SPONSOR: Datametrex AI Limited $DM.ca

Posted by AGORACOM-JC at 3:00 PM on Tuesday, January 28th, 2020

SPONSOR: Datametrex AI Limited (TSX-V: DM) A revenue generating small cap A.I. company that NATO and Canadian Defence are using to fight fake news & social media threats. The company announced three $1M contacts in Q3-2019. Click here for more info.

Data Privacy Day 2020: 5 Lessons From The Past To Better Secure The Future

(By David Higgins)

  • Lawmakers claim Facebook “contravened the law by failing to safeguard people’s information” – and suffered the consequences.
  • Now the US government is placing additional pressure on Facebook to stop the spread of fake news, foreign interference in elections and hate speech (or risk additional, larger fines)
  • This Data Privacy Day urges individuals and organisations around the world to learn from the fallout of the mega-breaches of the recent past.

Until recently, data privacy was only considered critical in the digital world. But as the digital and physical worlds intersect, it is now integral not only to securing an individual or a corporation’s digital identity, but also to avoiding the safety of citizens being compromised. Data privacy considerations should underpin all company decisions, whether on the board level or on the shop floor and, this Data Privacy Day, organisations should encourage their entire workforce – not just IT teams – to re-evaluate how they secure and manage data.

It’s now well-established that data is the world’s most valuable asset, and a tempting target for malevolent hackers with varying motivations. More often than not, they are pursuing credentials that they can use to infiltrate businesses and target sensitive and valuable data. Attackers seek ways to cause irreparable damage across a whole range of industries, from seizing companies’ administration logins to hacking into medical data so as to hold individuals to ransom over the disclosure of sensitive personal information. As a tragic, but potentially realistic scenario, this could even result in a doctor being unable to perform a life-saving operation due to a lack of availability of the patient’s records for example.

Hackers will inevitably be successful from time to time. Addressing this threat and limiting how far they can infiltrate a network after a successful breach is imperative in order to safeguard national security. Infiltration or compromise of CNI, for instance, could plausibly result in the loss of control of public services such as utilities, healthcare and government, posing a severe risk to public safety. This Data Privacy Day, we need to take a step back to not only understand the value in the data we hold, but also the importance of only allowing individuals and systems that need it to access it.

Mega Breach lesson #1: Equifax Breach (reported in 2017) – Several tech failures in tandem–including a misconfigured device scanning encrypted traffic, and an automatic scan that failed to identify a vulnerable version of Apache Struts–ultimately led to the breach which impacted 145M customers in the US and 10M UK citizens.

Data Privacy Day Learning – get security basics right. Cyberattacks are growing more targeted and damaging but a good industry reminder from the Equifax breach is that standard security basics should never be ignored. Patches should be applied promptly, security certificates should be maintained, and so on. This breach also inspired elected officials to push for stronger legislation to tighten regulations on required protection for consumer data.

Mega Breach lesson #2: Uber Breach (reported in 2017) – In 2017 Uber revealed it had suffered a year-old breach that exposed personal information belonging to 57M drivers and customers.

Data Privacy Day Learning – don’t store code in a publicly accessible database. Uber data was exposed because the AWS access keys were embedded in code that was stored in an enterprise code repository by a third party contractor. A clear takeaway is that no code repository is a safe storage place for credentials.

Mega Breach lesson #3: Facebook’s Cambridge Analytica Breach (reported in 2018) – Cambridge Analytica harvested the personal data of millions of peoples’ Facebook profiles without their consent and used it for political advertising purposes. The scandal finally erupted in March 2018 with the emergence of a whistle-blower and Facebook was fined £500,000 ($663,000), which was the maximum fine allowed at the time of the breach.

Data Privacy Day Learning – protect user data (or pay up). Lawmakers claim Facebook “contravened the law by failing to safeguard people’s information” – and suffered the consequences. Now the US government is placing additional pressure on Facebook to stop the spread of fake news, foreign interference in elections and hate speech (or risk additional, larger fines).

Mega Breach lesson #4: Ecuadorian Breach (reported in 2019) – Data on approximately 17M Ecuadorian citizens, including 6.7M children, was breached due to a vulnerability on an unsecured AWS Elasticsearch server where Ecuador stores some of its data. A similar Elasticsearch server exposed the voter records of approximately 14.3 million people in Chile, around 80% of its population.

Data Privacy Day Learning – adhere to the shared responsibility model. Most cloud providers operate under a shared responsibility model, where the provider handles security up to a point and, beyond that, it becomes the responsibility of those using the service. As more and more government agencies look to the cloud to help them become more agile and better serve their citizens, it’s vital they continue to evolve their cloud security strategies to proactively protect against emerging threats – and reinforce trust among the citizens who rely on their services.

Mega Breach lesson #5: Desjardins Breach (reported in 2019) — The data breach that leaked info on 2.9M members wasn’t the result of an outside cyber attacker, but a malicious insider – someone within the company’s IT department who decided to go rogue and steal protected personal information from his employer.

Data Privacy Day Learning – be proactive in identifying unusual/unauthorized behaviour. While insider threats can be more difficult to identify, especially in a case where the user had privileged access rights, having a solution in place to monitor for unusual and unauthorized activities that can take automated remediation steps as needed can help reduce the amount of time it takes to stop an attack and minimize data exposure. This breach shows that a defence in depth security strategy that includes privileged access security, multi factor authentication, and the detection of anomalous behaviour with tools such as database activity monitoring has never been more crucial.

Source: https://www.expresscomputer.in/news/data-privacy-day-2020-5-lessons-from-the-past-to-better-secure-the-future/45933/

#Edtech startup #InterviewBit secures $20m from #Sequoia India, others SPONSOR: BetterU Education Corp. $BTRU.ca $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 2:45 PM on Tuesday, January 28th, 2020
SPONSOR:  BetterU Education Corp. aims to provide access to quality education from around the world. The company plans to bridge the prevailing gap in the education and job industry and enhance the lives of its prospective learners by developing an integrated ecosystem. Click here for more information.

Edtech startup InterviewBit secures $20m from Sequoia India, others

  • Indian edtech startup InterviewBit has raised US$20 million in a series A round led by Sequoia India and Tiger Global, along with other investors.
  • Founded in 2015 by Abhimanyu Saxena and Anshuman Singh, the Bengaluru-based startup offers computer science courses through live online classes. Students are mentored and taught by tech leaders and experts working with companies such as Facebook, Twitter, and Netflix, among others.

  By: Miguel Cordon

Founded in 2015 by Abhimanyu Saxena and Anshuman Singh, the Bengaluru-based startup offers computer science courses through live online classes. Students are mentored and taught by tech leaders and experts working with companies such as Facebook, Twitter, and Netflix, among others.

The company plans to use the new funds to scale up its enrollment efforts, launch in new markets, and invest in their curriculum and live-teaching products, according to a statement.

In April last year, InterviewBit launched an advanced online computer science program for college graduates and young professionals called Scaler Academy (rebranded from InterviewBit Academy). AD. Remove this ad space by subscribing. Support independent journalism.

The first batch from the program comprises of 200 students. Since then, six more cycles of the program have been initiated, with one being conducted in the US. The startup said it received a total of over 200,000 applications in nine months after the program’s debut.

According to a recent National Employability Report for Engineers, the employability of Indian engineers continues to be as low as 20%. With that in mind, InterviewBit said it designed the Scaler Academy to effectively enhance the coding skills of professionals through a modern curriculum that exposes them to the latest technologies.

“Within a short period of time, it has made a huge impact on the capabilities of our students who spend, on average, four to five hours per day on our online and live-learning platform,” said InterviewBit co-founder Abhimanyu Saxena.

InterviewBit was one of the 17 startups that formed the first batch of Surge, Sequoia India’s startup accelerator program. Surge invested US$1.5 million in seed money in each of the participating companies.

Source: https://www.techinasia.com/interviewbit-secures-20m-sequoia

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Traditional Stock Market’s interest in Cryptocurrency might expand the boundaries for the Cryto Market

By: Zaryab Afser

  • It’s a well-known fact that in order to survive longer, one must be completely aware of the rules as well as the latest trends of the jungle.
  • And one can never deny the fact, in these world of investment, cryptocurrencies are here to stay, really longer than one can think of.


It’s because of this fact that the senior market analyst at Etoro, Mati Greenspan “it’s finally happening that the institutions are finally realizing that cryptocurrencies are going to stay for yet too long and now they are actually looking for every possible way to seize the opportunities presented by crypto assets.” He also appreciates the recent JSE move and stated that this is actually the period where the adoption is gradually happening and the traditional stock exchanges are actually integrating with cryptocurrencies.

WHAT WAS THE MOVE BY JAMAICA STOCK EXCHANGE(JSE)?

3rd April witnessed a rare involvement of the traditional stock exchange when JSE came up with an announcement which stated that JSE will soon start a limited pilot to trade Bitcoin as well as Ethereum within the next few weeks.

Experts as well as traders, across the globe, firmly believe that this step will undoubtedly not only open the doors to cryptocurrency investment but also will end up expanding the boundaries for the crypto market. Moreover, the managing director of the JSE, Marlene, this initiative aims to create not only a safe but also efficient as well as a transparent regulatory framework for the trading of digital assets.

Since the world is witnessing a gradual shift towards the crypto market, JSE is not the only one to show interest in the cryptocurrency. The Nasdaq in the U.S. recently reported that it has listed BTC as well ETH indices, whereas XRP-based exchange-traded product has been listed by Switzerland’s main stock exchange, namely SIX.

Source: https://www.thecoinrepublic.com/2019/04/12/traditional-stock-markets-interest-in-cryptocurrency-might-expand-the-boundaries-for-the-cryto-market/

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Posted by AGORACOM-JC at 8:47 AM on Tuesday, January 28th, 2020