The ASX-listed cyber security company confirmed that the June quarter was the company’s best performing quarterly period, with a range of new business opportunities spanning government, defence and commercial entities. The confirmation comes following the finalisation of the merger between archTIS and Nucleus Cyber this week, with the issuance of securities forming the final instalment of the deferred consideration. According to a statement by the company, the record breaking quarter was driven primarily by new customer acquisition and business development across a range of industries, including government, defence and commercial sectors, with strong performance from the Kojensi and NC Protect products. Daniel Lai, managing director and chief executive of archTIS, welcomed the company’s recent growth. “ArchTIS delivered a strong record-breaking quarter. We set out with a plan to scale the business through the expansion of a global sales distribution network, increased market awareness and technology-leading product innovation. This has provided shareholders with another quarter of record revenue growth, strong customer cash receipts and an increasing recurring licensing business,” Lai said. According to a release by the company, the total unaudited revenue had increased by 80 per cent on the prior quarter to $2.26 million. Meanwhile, gross profit was reported at $1.48 million, which is an 86 per cent increase on the previous quarter. The release also confirmed that archTIS and Nucleus Cyber had completed their full integration. The integration between the two companies includes websites, CRMs, personnel and business development pipelines and procedures. PROMOTED CONTENT Commenting on the company’s recent merger with Nucleus Cyber, Kurt Mueffelmann, global chief operating officer and former CEO of Nucleus Cyber, noted that the company’s complementary characteristics resulted...
Welcome back Mitul Makadia October 27, 2020 In the supply chain industry, rising customer expectations have given rise to larger product ranges, more complex logistics, and shamelessly fast lead times. All of this has led to soaring costs throughout the supply chain network. And minimizing the effect of these factors manually at each individual level is again a recipe for magnified operational costs. This is where Machine Learning in Supply Chain can help breathe a sigh of relief! Let’s explore how- Machine Learning in Supply Chain Integrating machine learning in supply chain management can help automate a number of mundane tasks and allow the enterprises to focus on more strategic and impactful business activities. Using intelligent machine learning software, supply chain managers can optimise inventory and find most suited suppliers to keep their business running efficiently. An increasing number of businesses today are showing interest in the applications of machine learning, from its varied advantages to fully leveraging the huge amounts of data collected by warehousing, transportation systems, and industrial logistics. It can also help enterprises create an entire machine intelligence-powered supply chain model to mitigate risks, improve insights and enhance performance, all of which are extremely crucial to build a globally competitive supply chain model. A recent study by Gartner also suggests that innovative technologies like Artificial Intelligence (AI) and Machine Learning (ML) would disrupt existing supply chain operating models significantly in the future. Before going into the details of how Machine Learning can revolutionise supply chain and discussing the examples of companies successfully using ML in their supply chain delivery, let’s first talk a bit about Machine...
The dearth of trained cyber security professionals, in fact, has prompted a few institutes, including Jawaharlal Nehru Technological University, Hyderabad, to offer courses on cyber security Hyderabad: The cyber world is in a bit of turmoil of late. Cyber crooks are gaining an upper hand with an exponential rise in cybercrime threatening to disrupt normal life in multiple ways, even as law enforcement agencies struggle to find trained professionals to counter this all-pervading branch of crime. The dearth of trained cyber security professionals, in fact, has prompted a few institutes, including Jawaharlal Nehru Technological University, Hyderabad, to offer courses on cyber security. The University introduced B.Tech (CSE — Cyber Security), a full time four-year undergraduate course last year. Giving insight about why the University included this course, JNTU-H Rector Dr A Govardhan says there is no doubt that cybercrime is growing exponentially. “There is an urgent need to train young professionals. Although JNTU introduced B.Tech (CSE — Cyber Security) only last academic year, we have been conducting mandatory training for not just the CSE batch, but every stream of engineering. We also have an in-depth training programme for our faculty members. We also have introduced a first-of-its-kind online internship, where our students will be mentored by industry experts,” he said. Sandeep Mudalkar, CEO, Sytech Labs Pvt.Ltd, feels it is imperative that more workforce is employed to ensure cyber security. “The field is evolving, and thus there are new ways in which criminals are operating. Many a times, owing to their busy schedule, police personnel are not able to attend certain sessions. Those who are trained may or may not...
Welcome to Cyber Security Today. This is the Week in Review edition for the seven days ending Friday May 14th. I’m Howard Solomon, contributing reporter on cybersecurity for ITWorldCanada.com. In a few minutes guest commentator Dinah Davis, vice-president of research and development at managed service provider Arctic Wolf, will be with me to discuss what we think were notable events. But first some of the headlines from the past week: Outrage and worry erupted after one of the biggest gasoline pipelines in the U.S. was hit by ransomware. Colonial Pipeline decided out of an abundance of caution to shut its service, which provides fuel to almost half of the East Coast. Operations were restarted on Wednesday. Also on Wednesday President Biden signed an executive order to toughen cybersecurity in the federal sector. It removes barriers to cyber threat information sharing between American agencies and the private sector. It also orders federal departments to implement mandates multifactor authentication and use encryption to protect data. Ryerson University’s cybersecurity policy exchange called on the Canadian government to find ways of stopping misinformation, disinformation and fake news from being spread on private messaging services. These are services like Facebook Messenger, WhatsApp and Telegram. A report says many of these platforms are being used to spread hate, unwanted sexual comments and materials that incite violence. A student’s eagerness for free software led to a ransomware attack on a European biomolecular research institute. The student worked as an intern at the institute. They hunted the internet for a free version of a data visualization tool. What they got was an infected application that stole the...
Introduction It happened few years back. After working on SAS for more than 5 years, I decided to move out of my comfort zone. Being a data scientist, my hunt for other useful tools was ON! Fortunately, it didn’t take me long to decide, Python was my appetizer. I always had a inclination towards coding. This was the time to do what I really loved. Code. Turned out, coding was so easy! I learned basics of Python within a week. And, since then, I’ve not only explored this language to the depth, but also have helped many other to learn this language. Python was originally a general purpose language. But, over the years, with strong community support, this language got dedicated library for data analysis and predictive modeling. Due to lack of resource on python for data science, I decided to create this tutorial to help many others to learn python faster. In this tutorial, we will take bite sized information about how to use Python for Data Analysis, chew it till we are comfortable and practice it at our own end. Table of Contents Basics of Python for Data Analysis Why learn Python for data analysis? Python 2.7 v/s 3.4 How to install Python? Running a few simple programs in Python Python libraries and data structures Python Data Structures Python Iteration and Conditional Constructs Python Libraries Exploratory analysis in Python using Pandas Introduction to series and dataframes Analytics Vidhya dataset- Loan Prediction Problem Data Munging in Python using Pandas Building a Predictive Model in Python Logistic Regression Decision Tree Random Forest 1. Basics of Python for Data Analysis Why learn Python for...
What are the endless opportunities in cyber security for 2021? This is the question answered at last 14th May 2021 Advanced Diploma in Cyber Security Open House. The Open House features Breyvan Tan, Managing Director for Wissen, and EC-Council distributor. Breyvan shared the outlook for the cyber security job sphere in the future and why there is an urgent need for cybersecurity professionals. How do you get yourself ready for the job? Breyvan started the presentation strongly with data from Ciodive that says that there’s a 0% unemployment rate in cyber security. The various data breaches in Singapore and other countries show that the need to protect data is essential. He also mentioned that multiple industries are also hiring cyber security professionals from hospitals to even schools. Of course, these employers won’t hire just anyone who expressed interest in cyber security. To get employed, one must get certified. Breyvan compared the hiring process to driving. Everyone can drive, but can the driver steer the vehicle in the right direction? Entering the cyber security world is just like this. Skills and training are what employees are looking for. This is why professionals who have cyber security certification enjoy up to USD 16,000 higher pay rate than those who don’t have any certificate. How do you get ready for the job? Get proper training and certification. Those who attended the event both onsite and online learned more about Advanced Diploma in Cyber Security through the Open House. Programme Consultant and lifelong learning advocate Thaddeaus Villaruel shared information about the programme in the Open House. Those who signed up during the event...
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