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Share to Twitter Share to Linkedin Justin Dolly is the Chief Security Officer for Sauce Labs , the leading provider of testing solutions that deliver digital confidence. Consider this scenario: Sales and marketing are yelling at engineering to deliver the features they promised to a customer. Product is pressuring the team to hit a release date that is quickly approaching. Engineering is rushing to hit a deadline and only then does someone suggest a security analysis. What happens? There will be some bugs in the code. Sound familiar? Balancing Customer Experience And Security Working with complex code, it is highly likely that there is a large amount of potentially vulnerable code in the wild that can affect security. If that code is already partially flawed, is it likely to lead to a perfect customer experience? One of the prevailing ideas is that this can all be fixed in production; it can, but what happens when a user encounters … [Read more...] about When Your Business Ships Bad Code, Users Lose Faith In Security

RBI Governor Shaktikanta Das. The Reserve Bank of India (RBI) Governor Shaktikanta Das on May 17 and May 18 met heads of state-run and private banks to take a stock of credit growth and asset quality in the banking system in the wake of recent geopolitical developments, the central bank said. “In his introductory remarks, the Governor noted the key role played by the banks in supporting the economy throughout the pandemic,” the central bank said in a release on Wednesday. Das further stated that the banking sector has remained resilient and has continued to improve despite facing various headwinds. He also advised banks to remain watchful of the recent geopolitical developments and take mitigating measures proactively including raising capital for ensuring that the potential impact on their balance sheets is minimised. Governor Das also urged banks to pay specific attention to further improving their grievance redress systems and continue to provide the necessary support … [Read more...] about RBI Governor meets bank chiefs to discuss credit growth, asset quality

Altantuya Shaariibuu - A + A SHAH ALAM (May 20): The High Court has set Aug 30 to deliver its decision in an RM100 million suit filed by the family of Mongolian model Altantuya Shaariibuu over the woman's death in 2006. Judge Datuk Vazeer Alam Mydin Meera fixed the date after all witnesses from both sides finished testifying at the trial. On June 4, 2007, Altantuya's parents, Dr Shaariibuu and Altantsetseg Sanjaa as well as their two grandsons Mungunshagai Bayarjargal and Altanshagai Munkhtulga filed an RM100 million suit against former policemen Azilah Hadri and Sirul Azhar Umar, as well as Abdul Razak Baginda and the Malaysian government. However, Altanshagai Munkhtulga’s name was later removed from the plaintiff’s list when he passed away in 2017. In a statement of claim, the family claimed Altantuya’s death resulted in them suffering mental shock and psychological trauma, and sought compensation, as well as exemplary and aggravated damages. The court … [Read more...] about Court sets Aug 30 to deliver verdict on RM100 mil suit by Altantuya’s family

- A + A KUALA LUMPUR (May 20): Messrs CAS Malaysia PLT has resigned as Practice Note 17 (PN 17) China Automobile Parts Holdings Ltd’s (CAP) external auditors with immediate effect. In a filing on Friday (May 20), CAP said it accepted CAS Malaysia’s resignation as its auditors after a notice of resignation dated May 19 was received by the group on Friday. CAP said it “is not aware of any other matters that need to be brought to the attention of the shareholders” of the group, adding that it will appoint new auditors in due course. CAS Malaysia was first appointed as CAP’s external auditor on July 24, 2020, according to prior filings. In October last year, the Securities Commission reprimanded CAP’s former group executive chairperson Wang Yunyun and its former managing director Li Guo Qing, and former non-independent non-executive vice-chairman Ong Juan Tee for allowing the submission and authorising the issuance of CAP’s prospectus that contained financial … [Read more...] about China Automobile Parts’ external auditor resigns in less than 2 years after appointment

- A + A NEW YORK/BENGALURU (May 20): US stock indexes rose on Friday led by megacap growth and healthcare shares at the end of a volatile week, roiled by concerns over the impact of rising inflation on earnings and the fallout of rate hikes on economic growth. Nine of the 11 major S&P sectors advanced in morning trade. Energy was the top performer, up 2.2%, followed by healthcare and technology sectors. Microsoft Corp, Amazon.com and Apple Inc rose between 1.5% and 1.8%, providing the biggest boost to the S&P 500 and the Nasdaq. "Some traders are taking advantage of the price weakness, at least in the short term, to make some money. The real question is whether this will last by the end of the day," Sam Stovall, chief investment strategist at CFRA Research, said. "It is definitely going to be a traders' battle today. The market is trying to orchestrate at least a near-term relief rally, which is normal within bear market trends." Disappointing forecasts … [Read more...] about Wall St rises as growth stocks gain after two days of selloff

- A + A KUALA LUMPUR (May 20): Rapid Rail Sdn Bhd today said non-functioning facilities such as escalators and lifts at its public transportation stations were due to several factors including delay in the supply of replacement parts. It said in a statement on Friday that this was caused by the temporary closure of the factory in Shanghai, China due to lockdowns. The operations of the facilities at its train stations were at 96.5% for lifts and 90% for escalators with the process of maintenance and repair to be completed in stages, read the statement. It said the maintenance of these facilities is expected to be fully completed by Sept 30 for the Ampang/Sri Petaling Light Rail Transit (LRT) route and Kelana Jaya LRT and Mass Rapid Transit (MRT) Kajang route and by July 31 for the monorail service. “These expected completion dates depend on the situation in Shanghai. A three-month period is needed for the replacement parts delivery process from the original … [Read more...] about Non-functioning facilities at LRT stations result of delay in supply of spare parts

- A + A KUALA LUMPUR (May 20): SC Estate Builder Bhd (SCBuild) has received a requisition from three shareholders, who collectively hold at least 10% of the company's shares, to call for an extraordinary general meeting (EGM) to remove 11 existing directors. In a bourse filing on Friday (May 20), SCBuild said it had received the notice of requisition for the EGM from Seik Yee Kok, Seik Thye Kong and Tan Bee Yook, who are seeking to remove the company's chairman, managing director and chief executive officer Loh Boon Ginn, Loh Shy Tyug, Loh Shy Ming, Kuay Jeaneve, Chee Jun Ann, Kuay Jen Nie, Josipinna Pudun, Loo Tze Ming, Soo Ting Hooi, Chan Wei Xi, Datuk Bijaya Indera Syed Unan Mashri Syed Abdullah and any director appointed between May 13 and the EGM. At the same time, the trio are seeking to appoint six new directors namely Abd Gani Yusof, Rosman Hussin, Johari Yazid, Keithson Neoh Tze Thow, Koh Lay Keem and Cheong Peck Kuan on SCBuild's board. "The company is … [Read more...] about SC Estate Builder gets EGM requisition to remove 11 directors

- A + A KUALA LUMPUR (May 20): Mondelēz International, manufacturer of Cadbury Dairy Milk chocolate and OREO biscuits, has taken various measures to mitigate the effects of global cost-push inflation to ensure that its products remain affordable and of the same high quality, said managing director for Malaysia and Singapore Narmeen Khan. This is particularly with respect to transportation, packaging, edible oils, and dairy, as well as supply-chain bottlenecks, she told Bernama . Narmeen, who assumed the position in February 2022, said Mondelēz is not excluded from experiencing inflation across markets, including in Malaysia. "Due to the steep increase in costs across the entire value chain, particularly in commodities, logistics, and packaging, product repricing is one of the considerations, but as previously disclosed, we are taking proactive measures in 2022 to reshape our portfolio, with a focus on core products and best-selling items. "Other considerations … [Read more...] about Mondelez International to keep Cadbury chocs and biscuits affordable

Yumi Lacsamana As a professional songwriter, falling into the occasional creative slump is almost an inevitability, Yumi Lacsamana said. But while there are days when inspiration is seemingly depleted, she knows that, somehow, it will always come back sooner or later. “You’ll really come to a point where you feel like you’re running out of ideas, and end up thinking, ‘Is there something I can write that hasn’t been done yet?’” she said in a video conference for her latest single, the pensive piano ballad “Pundi” (Viva Records). But sometimes, all it takes is a random stimulus to get the gears turning. The idea for Sarah Geronimo’s smash hit “Kilometro,” for instance, popped up while she was having coffee with her songwriting partner, Thyro Alfaro. “You can find inspiration anywhere … like, when you’re having coffee when a car comes roaring past. You never know when inspiration will strike, so you don’t really run out of it,” she said. Personal challenges Yumi, who won the … [Read more...] about Songwriter Yumi Lacsamana returns to her first love with ‘Pundi’

ORLANDO, Florida: University of Central Florida scientists are charging on with an experimental battery capable of reinventing how automobiles and spacecraft are made. By reworking the idea of energy sources, a UCF research group is creating a lightweight battery that would double as the outer shell of a vehicle in what the group is calling its “power suit” project. Led by UCF College of Engineering Professor Jayan Thomas, the group plans to accomplish this with nanotechnology – supercapacitor composite material involving graphene arranged over carbon fiber in a fan-like structure, Thomas said. “The advantage is its lightweight, and can increase the mileage because you’re reducing the weight of the car and in addition to that, you can store energy like your battery in the same composites,” said Thomas, who conducts his research at UCF’s NanoScience Technology Center. While reducing weight, the suit is thought to increase an electric car’s range by 25% to 30%; equating to about … [Read more...] about US university charges on with ‘power suit’ as a new battery for electric cars, spacecraft