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Board of Abu Dhabi Global Market Approves Formation of ADGM Authority, Will be Led by Financial Services Veteran Mark Nicholas Cutis

The Board of Abu Dhabi Global Market (ADGM), the international financial center located in Abu Dhabi, has reportedly approved the formation of the ADGM Authority.

ADGM Authority is expected to be led by Mark Nicholas Cutis, who will be serving as the organization’s Chief Executive. He will be taking on this role in June 2021. The newly-established authority will be playing a key role in supporting ADGM’s ongoing growth by taking advantage of the latest trends emerging across the global financial services industry and the developments related to the the post-COVID world.

The main functions of the ADGM Authority will include supporting the Office of Strategy and Business Development, Corporate Services, the Office of Information Security and Enterprise Risk Management.

His Excellency Ahmed Al Sayegh, Minister of State (UAE) and Chairman of ADGM stated:

“Mark joins us at a crucial juncture in ADGM’s growth as we move to our next phase of development as an innovative global financial center and digital business hub. ADGM will continue to play a key role in attracting strong capital inflows for the country as we promote the diversification of the economy spurred by the ongoing energy transition.”

Mark Cutis, CEO at ADGM Authority, remarked:

“As we emerge from the disruption caused by the global pandemic, Abu Dhabi and the UAE will increasingly be recognized as an international bastion of stability and governance, making it a ‘go to’ destination. I look forward to working closely alongside each of the ADGM Authorities in shaping the future of the international financial landscape in the U.A.E.”

Cutis reportedly has over 4 decades of financial and investment experience while working in various banking and investment management roles. Cutis is well-known for his expertise in business and investment deals. He’s also skilled at developing strategic partnerships in order to support governance objectives.

Before joining ADGM, Cutis served as the Group Chief Financial Officer at ADNOC. He also worked as Chief Adviser of Finance and Investments. Prior to working at ADNOC, Cutis has been focused on helping to manage the sovereign wealth fund, Abu Dhabi Investment Council, which he joined back in March 2008.

Before working in different roles in the UAE, Cutis served in senior management roles at major financial institutions. He was MD at Merrill Lynch and Treasurer at the European Bank for Reconstruction and Development, (both roles based out of London offices). He has also worked as CIO at Shinsei Bank and Chief Executive at Bayerische Vereins Bank (Unicredito), with both roles based in Tokyo.

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Zimperium and Ping Identity Extend Zero Trust Controls to the Most Vulnerable Endpoint: Mobile


Integration of Zimperium’s mobile device risk attestation into the PingFederate platform enables real-time Zero Trust authorizations and access to corporate resources

Zimperium is excited to announce a partnership with Ping Identity, enhancing Zero Trust architectures by delivering comprehensive mobile risk posture data to enable joint customers to implement more robust controls and policies to provide end-users with clear, actionable alerts directing them to resolve security or compliance issues. With the real-time mobile threat detection, notification, and response from Zimperium and the PingFederate architecture and enterprise workflows, security teams can ensure mobile endpoint coverage is an integral part of their Zero Trust security posture.

The established perimeters around corporate devices have faded away, replaced by an ever-mobile distributed workforce with global access into enterprise assets. Increased connectivity and data availability enable organizations to grow and evolve beyond a physical location’s confines while minimizing the friction an employee would typically experience in this new, spread-out workspace. For enterprises to securely enable employees to access the data they need on the devices they use the most, Zero Trust must be enabled with advanced mobile threat defense.

Ping Identity, the Intelligent Identity solution for the enterprise, believes zero trust technology is essential to securing business and consumers in an increasingly connected world. And Zimperium’s integration into the PingFederate platform provides joint customers with enhanced controls, addressing the mobile device’s security posture by providing the granular telemetry data back to the Ping Identity Zero Trust architecture.

Using Zimperium’s patented on-device, machine learning-based mobile security technology, the integration enhances Ping Identity’s existing mobile endpoint identity management and access controls. Joint customers will be protected against targeted mobile risks and attacks and will immediately experience the benefits of enhanced Zero Trust capabilities and workflows, such as:

  • Broadest range of mobile risk and threat-based detection in the industry;
  • Real-time conditional access across all mobile devices and accounts across a broad range of apps and services;
  • Direct user feedback on detected risks within the protected app (where applicable)
  • Defined access policies best suited for the environment; and
  • Reduced attack surface through mobile endpoint access and authorization controls.

“Due to the rise in distributed work and bring your own device policies, the average enterprise is not securing 60% of the connected devices in their network – mobile endpoints,’ said Jon Paterson, CTO of Zimperium. “The integration between Zimperium and Ping Identity not only brings those devices into the security fold, but it also enhances mobile Zero Trust controls, minimizing mobile risks and attack surfaces.”

This integration between Zimperium and Ping Identity enables enterprises to evolve and scale without sacrificing their security posture. By enhancing existing mobile endpoint identity management and access tools, security operations teams can understand their whole risk posture and raise their mobile security confidence on managed and unmanaged mobile devices.

“Identity is the new perimeter that enterprises need to secure, and the best way to effectively do that is to leverage a zero trust approach that unifies mobile threat defense with strong authentication,” said Loren Russon, vice president of product management at Ping Identity. “Our integration with Zimperium will make zero trust implementation easy for security teams to deliver a more seamless and secure user experience.”

For More Information

Attend our webinar on April 29th at 11am EDT to see a how Zimperium enhances Zero Trust architecture on mobile endpoints.

About Zimperium

Zimperium, the global leader in mobile security, offers the only real-time, on-device, machine learning-based protection against Android, iOS and Chromebooks threats. Powered by z9, Zimperium provides protection against device, network, phishing and malicious app attacks. For more information, visit www.zimperium.com.

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Zimperium and Ping Identity Extend Zero Trust Controls to the Most Vulnerable Endpoint: Mobile

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Enterprise-level partnerships send VeChain (VET) price to new highs

Real-world partnerships and integrations into thriving industries are some of the best forms of validation for blockchain projects that are seeking long-term sustainability and widespread adoption. They also have the ability to spark rallies that trigger long-term price appreciation as brand awareness spreads. 

Since February enterprise-level adoption and a wide array of use cases have worked in favor of VeChain (VET), a blockchain-powered supply chain platform that seeks to use distributed governance and Internet of Things (IoT) technology to optimize supply chain management systems.

VET/USDT 4-hour chart. Source: TradingView

Data from Cointelegraph Markets and TradingView shows that the price of VET has increased more than 400% over the past two months, climbing from a low of $0.0263 on Feb. 8 to a new record high at $0.1344 on April 9

Major collaborations ignite VeChain price

A scroll through the project’s Twitter feed shows that VET’s price growth in 2021 has largely been stimulated by the adoption of its supply chain tracking technology. On April 8 the team announced a collaboration with the software company Salesforce.

VeChain’s technology has also been utilized on several projects that are managed by its partner DNV. DNV uses VeChain’s blockchain solution to manage the data from projects with the Danish company ReSea and the Norwegian industrial company Hydro.

The increase in VET price and adoption since the beginning of February has also led to a 1,000% increase in the price of VeThor Token (VTHO), which is used to pay for transactions and smart contract interactions on the network.

An early March NFT-related collaboration with VIMworld also helped bring extra attention to VET and VTHO and was followed by a steady increase in price. 

The positive benefits of these partnerships were reflected in data from Cointelegraph Markets Pro, which shows that the market conditions for VET have been favorable for some time. 

The VORTECS™ Score, exclusive to Cointelegraph, is an algorithmic comparison of historic and current market conditions derived from a combination of data points including market sentiment, trading volume, recent price movements and Twitter activity.

VORTECS™ Score (green) vs. VET price. Source: Cointelegraph Markets Pro

As seen in the chart above, the VORTECS™ Score for VET turned bullish and reached a high of 73 on April 3, about two days before a smaller price spike on April 5. Following this move, the VORTECS™ Score increased to a high of 87 and remained in the green zone over the next three days as VET price gaine 35%.

Now that institutional investors now taking a serious interest in the crypto sector and the ways that blockchain technology can be integrated into various sectors, VeChain’s real-world use cases and growing list of enterprise-level partners indicate that there is potential for further upside.

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.

Enterprise-level partnerships send VeChain (VET) price to new highs

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Gartner 2021 Market Guide for Mobile Threat Defense

Gartner 2021 Market Guide for Mobile Threat DefenseGartner 2021 Market Guide for Mobile Threat Defense

“Security and risk management leaders who need to strengthen their mobile security posture should adopt MTD products to improve their overall security hygiene.” – Gartner

Gartner recently published the 2021 Market Guide for Mobile Threat Defense report, and the analyst firm continued to highlight the importance of enterprise adoption of Mobile Threat Defense (MTD) solutions for the evolving workforce. Zimperium is once again recognized by Gartner as a Representative Vendor, providing an advanced MTD solution to organizations of all sizes and bringing security confidence to mobile endpoints.

You can read Gartner’s 2021 Marketing Guide for Mobile Threat Defense here.

The past year has proven that as mobile endpoints continue to be part of the larger, evolving attack surface, the number of threats against them continues to rise as well. And as mobile continues to be adopted into everyday workflows, the avenues of attack will continue to be shown. The mobile endpoint’s security posture connected to corporate networks, both managed and unmanaged, needs to be addressed early on to avoid any of these devices becoming the starting point for a much larger security incident.

“MTD products not only prevent attacks but also detect and remediate them. MTD focuses on identifying and thwarting malicious threats, rather than relying on device management configuration to protect against simple user mistakes.” – Gartner

Mobile Devices Supporting Zero Trust

The last year also saw enterprises adopting more advanced security architectures, with many focusing on zero trust architectures. But as they address security gaps with various security technologies, they must also normalize mobile device security. Properly configured and integrated, advanced MTD solutions can enhance existing zero trust controls by providing mobile device risk attestation. 

“Emerging use cases envisage MTD as a component of zero-trust network access (ZTNA) architecture and of an extended detection and response (XDR) system for detection and response, which can serve as a pilot for unified endpoint security. This is in addition to the use of MTD for mobile phishing protection.” – Gartner

Mobile Forensics in XDR

According to the Market Guide for Mobile Threat Defense, enterprises need to adopt mobile defense solutions into their security stack supporting their zero trust architectures and extended detection and response (XDR) technologies. And as organizations continue to evolve with both remote and distributed workforce policies, so must their cyber hygiene and security mindset.

This integration and extended security capabilities are vital to shoring defenses for enterprises evolving from EPP to XDR security solutions. Advanced MTD solutions provide the features, workflow, and capability that complement XDR capabilities on mobile devices.

UEM & SIEM Integrations

Gartner also highlights the importance of UEM and SIEM integrations with the rise in MTD deployments, integrating as seamlessly as possible into existing security workflows. While EPP vendors are deploying lightweight mobile security applications, they often do not have the capabilities, strengths, and maturities to match existing MTD solutions’ effectiveness. Integration into existing systems, from UEM to EPP dashboards, is key to providing effective mobile security outcomes for security and IT teams. 

“[Enterprises should] integrate MTD with incumbent unified endpoint management (UEM) tools. They should favor the app-based option and leave proxy-based deployment for corporate-owned business-only (COBO) scenarios.” – Gartner

“Usage of an MTD solution on top should aim not only to address advanced malicious threats but also to improve enterprise security hygiene.” – Gartner

Case for Purpose-Built Applications

IT and security leaders responsible for their enterprise’s mobile endpoint security should be aware that purpose-built mobile security applications are designed to do more than prevent attacks and bring a whole host of other advanced security features to the mobile devices. Zimperium zIPS, for example, is a hybrid machine learning endpoint application, providing both online and offline protection against phishing attempts, misconfigurations, malicious applications, and more across iOS, Android, and Chromebook devices.

“At the device level, the ability to assess postures, such as OS version, security updates, system parameters, device configuration, firmware and system libraries, to identify security misconfigurations, device vulnerabilities, and suspicious or malicious activity. For example, MTD tools can check for modification of system libraries and configurations, as well as for privilege escalation, such as a jailbreak or rooting.” – Gartner

And while legacy mobile security tools do exist, they lack the advanced approach to mobile endpoint security necessary to keep up with modern-day threats.

“[W]e see no value in adopting antivirus solutions that do not provide behavioral anomaly prevention and detection, as the underlying mobile platforms already perform signature-based scans to look for malware.” – Gartner

As enterprises of all sizes evolve their security posture and workforce in unison, the priority to adopt advanced mobile threat defense toolsets like Zimperium continues to rise among security and IT leaders. The only way enterprises can shore up their zero trust to XDR architecture and gather the data they need to make informed decisions with their UEM and SIEM, is with advanced mobile endpoint device security.

What Now?

If you want to learn more about how Zimperium can help secure your devices and apps in all the frequent use cases and more, please contact us for a free mobile risk assessment and security consultation

1 Gartner, Market Guide for Mobile Threat Defense, 29 March 2021. Dionisio Zumerle, Rob Smith.
Document ID: G00736793
Gartner Disclaimer

This graphic was published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document. The Gartner document is available upon request from https://get.zimperium.com/gartner-market-guide-for-mtd-2021/

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Gartner 2021 Market Guide for Mobile Threat Defense

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Zimperium Collaborates with Oracle to Provide Mission Critical Mobile Security to Customers

Zimperium Collaborates with Oracle to Provide Mission Critical Mobile Security to CustomersZimperium Collaborates with Oracle to Provide Mission Critical Mobile Security to Customers

Today, Zimperium –  a leader in enterprise mobile security and a member of Oracle PartnerNetwork (OPN) – announced that we are collaborating with Oracle to offer our mobile threat defense (MTD) solutions on Oracle Cloud Infrastructure (OCI). We are working together with Oracle to help enterprises around the world combat advanced mobile threats.

Zimperium offers the only real-time, on-device, machine learning-based protection against Android, iOS, and Chromebooks threats. Zimperium zIPS protects mobile endpoints against device compromises, network-based risks, phishing, and mobile malware. And Zimperium MAPS (Mobile Application Protection Suite) identifies security, privacy, and compliance risks during mobile app development and protects apps from attacks while in use.

We are now joining a notable group of ISV partners that Oracle has selected for comprehensive sales and marketing support, as well as go-to-market initiatives enabled through its Oracle PartnerNetwork (OPN).

“We are excited to work with Zimperium, the provider of the only MTD solution that runs natively in Oracle Cloud Infrastructure,” said Dave Profozich, senior vice president, Oracle ISV Ecosystem, Oracle. “With Zimperium, Oracle customers can help protect the mobile endpoints and applications that are enabling crucial initiatives such as remote working, bring your own device (BYOD) and zero trust.”

We are a new security Oracle Cloud Marketplace partnership with real-time, on-device machine learning-based protection. While native OCI features help establish the robust security of the platform with simple, prescriptive, and automated security services, Zimperium complements these protections for customers who utilize both Oracle and Zimperium to secure their workloads.

“Our direct working relationship with Oracle protects enterprises around the world against advanced mobile threats and risks,” said Shridhar Mittal, CEO of Zimperium. “Our mutual customers benefit from OCI’s global scalability and cost savings, as well as from Oracle’s world-class cloud solution architects working closely with Zimperium engineering to accelerate automation, deployment and delivery of solutions for high performance, large scale and secure environments.”

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Zimperium Collaborates with Oracle to Provide Mission Critical Mobile Security to Customers

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