Connect with us

Blockchain

Battle Against Cyber Threats To Be Addressed by Cyber Security Visionaries at #WCSSJordan

Avatar Of Rajesh Khanna

Published

on

Battle Against Cyber Threats To Be Addressed By Cyber Security Visionaries At #Wcssjordan
google news

The 17th global edition of World Cyber Security Summit is gearing up with the goal of constructing a security framework for organisations in Jordan. The summit is taking place on 15 – 16 August 2022 in Jordan, and features notable speakers including Mohammad Alkhudari, Ira Winkler, Abdulrahman Alnimari, Prof.MohandTaharKechadi, George Eapen and many more.

The 17th global edition of World Cyber Security Summit will be held under the auspices of H.E. Dr Bisher AlKhasawneh, Prime Minister of the Hashemite RKingdom of Jordan, and supported by the Ministry of Digital Economy and Entrepreneurship, Jordan.The summit is taking place on 15 – 16 August 2022 at The Ritz-Carlton in Amman, Jordan. World Cyber Security Summit is part of a global series and is brought to Jordan by Trescon, a global business events and consulting firm that specialises in hosting future-tech events across the world.

As the country braces for a protracted cyber insecurity, government and organisations are looking for an action plan to mitigate the risks and become resilient to cyber threats. Thus resulting in the announcements of a raft of policies to manage digital vulnerabilities in the recent years. In order for effective implementation of these policies,World Cyber Security Summit will play its part by providing a platform to conduct thorough debates, and deliberations on the proposed cyber security strategies.

The summit will host more than 300+ C level attendees, including government officials, Chief Information Security Officers, Chief Information Officers, CEOs and technology leaders from enterprises and government agencies in Jordan to meet, network, and engage with global cyber security experts and technology innovators over the course of two days.

“The importance of cyber security is being increased and it is not an option for companies and organizations, and having the advanced defence in place is required for critical infrastructure and data. Sensitive data and information protection is the source of trust in organizations,”said H.E. BelalHafnawi, Commissioner – Board Member at Telecommunications Regulatory Commission (TRC-Jordan).

Abdulrahman Al-Nimari, VP – Cybersecurity from Saudi Arabiastated,“Remember: compliance to regulations does not mean you are secure, you must have your own risk driven cyber security program and strategy that mitigate your own unique risks.”

HaidarFraihat, Cluster Leader – Statistics, Information Society, and Technology at United Nations Economic and Social Commission for Western Asia (ESCWA) says, “Corporations can easily fall into the false sense of security syndrome. Illusioned that their precious data is safe, they may tend to drop guard and invest less in enhancing their data security. Realizing that data and information is the strategic asset to organizations, perhaps more than financial resources, is of paramount importance to keep your competitive edge, security and even survivability. Feeling secure doesn’t mean you are really secure.”

Some of the leading industry experts speaking at the summit include:

  • Scott E. Augenbaum– Retired FBI Supervisory Special Agent; Author; Cybercrime Prevention Trainer, Scott Augenbaum LLC
  • Glen Thomas – Partner – Head of Technology and Cyber Consulting,Grant Thornton, United Arab Emirates
  • Dr.HaidarFraihat – Cluster Leader – Statistics, Information Society, and Technology, United Nations Economic and Social Commission for Western Asia (ESCWA), Lebanon
  • Jacob Mathew – Head of Information Technology, Government of Abu Dhabi Entity, United Arab Emirates
  • Nicole Lau – Sales Director, Verimatrix, Oslo, Norway
  • Ricoh Danielson – CEO, 1st Responder, an Incident Response Firm, United States
  • Eng. Abdullah Faisal Biary – CISO, United Cooperative Assurance, Saudi Arabia
  • Taha Hussain – Information Security Specialist, Dubai Electricity & Water Authority – DEWA, United Arab Emirates
  • Dr.HossamElshenraki – Associate Professor, Dubai Police HQ, United Arab Emirates
  • Eng. Mona Alshehri – Risk and Compliance Analyst, Saudi Air Navigation Services, Saudi Arabia
  • Dr Ahmed Abd El Hady Mohamed – Director of Quality in General Administration for Quality and Environmental Affairs,Holding Company for Water and Waste Water (HCWW), Egypt
  • H.E. BelalHafnawi – Commissioner – Board Member,TelecommunicationsRegulatory Commission (TRC-Jordan), Jordan
  • Nada Khater– Head of Digital Transformation Policies and Strategies, Ministry of Digital Economy & Entrepreneurship, Jordan
  • Eng. Lama Arabiat – Head of AI, Ministry of Digital Economy and Entrepreneurship, Jordan
  • Dr. Ashraf Ahmad – Dean – Princess Sumya University for Technology (PSUT), Open Source Intelligence in Arabic Challenges and Solutions, Jordan& many more elite speakers.

The event will focus on topics such as:

  • Jordan’s roadmap to the digital revolution through cyber security
  • Cyber Security for the Government of Jordan: Challenges, strategies, opportunities
  • Cyber Security: An enabler and growth partner for modern businesses
  • Zero Trust Model: How to boost application security?
  • How to protect your data in times of constant connection?
  • What is layered security and how does it protect your data?
  • Data Security: Top threats and best practices
  • SaaS Security: Meeting the needs of modern enterprises

“We’re happy to bring the global series of World Cyber Security Summit to Jordan, with the support of our Strategic Partner, Jordan Cyber Security Awareness Association (JOCSA). We hope this event will be a stepping stone for realising how critical cyber security at this day and age is for organisations in the region,” stated Mohammed Saleem, Founding Chairman, Trescon

The 17th global edition of World Cyber Security Summit – Jordan is supported by Hashemite Kingdom of Jordan and the Ministry of Digital Economy and Entrepreneurship, Jordan and officially sponsored by:

To attend World Cyber Security Summit – Jordan, book your tickets here.

About World Cyber Security Summit

World Cyber Security Summit is a thought-leadership-driven, business-focused global series of events that provides a platform for CISOs who are looking to explore new-age threats and the technologies/strategies to mitigate them.

The Jordan edition is hosting CISOs across industry sectors who will meet, network, learn and engage with some of the world’s renowned technology thought-leaders, subject matter experts, and technology innovators in a constructive, open-dialogue environment to find solutions for issues hindering their information/cyber security.

About Trescon

Trescon is a global business events and consulting firm that provides a wide range of business services to a diversified client base that includes enterprises, governments, and individuals. Trescon is specialized in producing highly focused B2B events that connect businesses with opportunities through conferences, roadshows, expos, demand generation, investor connect, and consulting services.

For further details about the announcement, please contact:

Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

google news
Advertisement

Blockchain

CertiK Uncovers Suspicious $2.4M Payments Into Tornado Cash

Avatar Of Rajesh Khanna

Published

on

Certik Uncovers Suspicious $2.4M Payments Into Tornado Cash
google news
  • The money movement is linked to the October 2021 BXH Exchange breach.
  • GitHub reinstated the Tornado Cash code in “read-only” mode.

On Saturday, crypto security company CertiK said that it had uncovered a suspicious $2.4 million payment into the cryptocurrency mixer Tornado Cash. Information suggests the money movement is connected to the October 2021 BXH Exchange breach. It resulted in a loss of $139 million. Although the U.S. Treasury’s Office of Foreign Asset Control (OFAC) has placed sanctions on the crypto mixer. However, the exchange is still being used to move money.

The theft of over 4,000 ETH worth $139 million from the BXH Exchange at the end of October is likely connected to the transfer of funds.

Hackers Defying Sanctions

The address 0x158F5 is held by a third party and used the Binance Smart Chain and Avalanche staking contract’s privileged method to retrieve staked tokens and withdraw cash. The tokens were then transferred to Ethereum using the address.

CertiK reports that the staking contract holding the funds and locations was previously released by a Telegram group formed by persons affected by the BXH Exchange. Tokens with a bridging ERC-20 standard were converted to ETH at the address in question. To date, almost $2.4 million in value has been transferred into Tornado Cash, represented by 1865 ETH tokens.

Even after the Office of Foreign Asset Control at the U.S. Treasury banned suspicious transactions on Tornado Cash in August, the service is still accepting them. The crypto mixer platform has just received a transfer of 500 thousand DAI from EOA 0x0B789. The money transfer was associated with an exploit in DAO Maker.

After receiving confirmation from the Office of Foreign Asset Control of the United States Treasury, GitHub reinstated the Tornado Cash code in “read-only” mode.

Recommended For You:

Tornado Cash Back on GitHub Despite Sanction by U.S

google news
Continue Reading

Blockchain

Whale Alert: 270 Million XRP ($130M) Bought by Whales

Avatar Of Rajesh Khanna

Published

on

Ripple (Xrp) Price Jumps To New Four-Month High
google news
  • The largest ever buy was on the Bitso crypto market for 54.1 million XRP.
  • XRP prices have increased by around 50% during the last week.

The native XRP token of Ripple has seen the most growth over the previous seven days. While Bitcoin and Ethereum have both had big price declines recently, XRP has seen a sharp increase. The current price increase of XRP may be attributed to a number of factors. Whales hoarding Ripple tokens is one instance.

Tokens worth around $130.2 million in XRP, almost 270M XRP have been transmitted from several cryptocurrency exchanges to many unknown addresses in the past 24 hours, according to data from Whale Alert. The largest ever buy was on the Bitso crypto market for 54.1 million XRP. Approximately $27.5 million worth of XRP coins were purchased by Whale all at once.

High Volatility Expected After Judgement

However, whales have been buying up XRP on the Bitstamp platform to the tune of nearly $84.1 million. To their XRP holdings, whales have just added more than $41.4 million over many trades. Meanwhile, a massive transaction involving 132 million XRP (about $62.1 million) was also spotted by the whale tracker.

Since the SEC and Ripple submitted their summary judgement papers, there has been a dramatic increase in the whale stockpiling of XRP tokens. The current increase was caused by new court documents. It also noted a surge in the number of active addresses holding between 1 and 10 million XRP tokens in late 2022.

On the other hand, XRP prices have increased by around 50% during the last week. Since word of the case’s resolution circulated favorably across the market, this is the result. At this moment, the price of XRP is $0.5015 as per CMC.

Recommended For You:

XRP Investors Optimistic Following Summary Judgement Filing

google news
Continue Reading

Blockchain

California Governor Vetoes Crypto Regulation Bill

Avatar Of Rajesh Khanna

Published

on

Following Aftermath Of Recent Slump Bitpanda Announces Workforce Layoff
google news