iTnews Asia | Singapore's eastern pacific shipping, Singapore's cyber security agency and more; see what made waves in the IT news
Singapore’s Eastern Pacific Shipping standardises HR processes
Singapore's Eastern Pacific Shipping (EPS) is partnering with cloud-based software provider Workday to enhance its HR processes across six countries by implementing Workday Human Capital Management (HCM). The aim is to centralise data, reduce human errors, and provide tools for informed decisions, improving employee experience and standardising HR operations.
Singapore enhances OT security through international partnerships
Singapore's Cyber Security Agency (CSA) has partnered with industrial cybersecurity firm Dragos to enhance the country's operational technology (OT) security capabilities. Through a three-year memorandum of understanding (MoU), CSA will engage with Dragos to share threat intelligence, expertise, and conduct risk assessments of OT systems, aiming to strengthen the nation's defense against cyberattacks.
Philippines’ Jollibee to modernise applications used by 3,200 stores
Jollibee Foods Corporation (JFC), a Philippines-based fast-food chain, has extended its partnership with DXC Technology for five years to modernise applications and accelerate digital transformation. DXC will provide IT solutions, including infrastructure, applications, data analytics, and artificial intelligence, to support JFC's global network of over 3,200 stores and enhance operational efficiency.
Palo Alto Networks closes door on TunnelCrack
Palo Alto Networks has responded to the recently demonstrated TunnelCrack VPN eavesdropping technique, publishing an advisory stating the specific vulnerabilities and mitigations. It highlighted that its GlobalProtect agent deployments on iOS, Android, and ChromeOS are not vulnerable to certain attacks, and Prisma Access customers are also not affected by specific attacks.
SGTech launches initiatives to help enterprises develop digital capabilities
SGTech, Singapore's prominent tech industry association, has launched a B2B mentoring program in collaboration with Enterprise Singapore to offer at least 300 mentorships in domains like digital transformation and cybersecurity. Additionally, SGTech is working on equipping the local workforce with Large Language Model (LLM) knowledge and skills through its partnership with AI Singapore, and it's introducing new initiatives like the Sustainability Guided Programme to foster the tech ecosystem.
Singapore releases regulatory framework for stablecoins
The Monetary Authority of Singapore (MAS) has introduced a regulatory framework for stablecoins, focusing on single-currency stablecoins tied to the Singapore dollar or major currencies exceeding S$5 million in circulation. Issuers must adhere to guidelines concerning value stability, capital, and redemption, ensuring the return of stablecoin value within five days upon redemption request and maintaining "very low risk" reserve assets equal to at least 100 per cent of the stablecoins in circulation.
WWF Malaysia to implement AI for conservation
WWF-Malaysia has teamed up with University Malaysia Sabah to create an artificial intelligence (AI) system that automates the analysis of drone images of orangutan nests, aiming to efficiently monitor orangutan populations. The AI model will recognise and analyse the nests' specific features, aiding conservation efforts for Bornean orangutans in Sabah, Malaysia.
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Thailand's agritech firm uses AI to enhance rice inspection procedures
Thailand's agricultural startup Easyrice employs artificial intelligence (AI) to enhance rice inspection processes, significantly reducing errors and costs while improving accuracy and data management, with AI-driven inspections taking only 3-5 minutes per 25g of rice. Traditional manual procedures led to inefficiencies and inaccuracies, impacting the quality and pricing of Thai rice.
Article Link- https://www.itnews.asia/news/vmware-nvidia-target-businesses-that-want-their-own-ai-599532 VMware, Nvidia target businesses that want their own AI In collaboration with Nvidia, VMware has introduced a suite of software tools targeted at businesses seeking to implement generative artificial intelligence within their own data centers, rather than relying on the cloud. This set of tools, which specifically manages Nvidia chips, addresses the growing demand for on-premises AI applications, catering to sensitive data and diverse uses like expediting code writing and legal contract creation.
Arm's clients turn IPO into tug of war for chip influence
Major technology giants like Apple, Amazon, Intel, Nvidia, Alphabet, Microsoft, Samsung Electronics, and TSMC are reportedly considering investing in Arm Holdings Ltd's initial public offering (IPO), challenging Arm's impartial position in the chip industry. Arm's customers are drawn to the IPO investment to deepen their ties with the semiconductor designer and safeguard against rivals gaining an advantage, given that Arm's chip designs are crucial for over 260 tech firms, serving as the foundation for billions of chips used in various devices worldwide.
Meta releases AI model for translating speech
Meta Platforms has unveiled its SeamlessM4T AI model capable of real-time speech translation and transcription in almost 100 languages, a tool that aligns with CEO Mark Zuckerberg's vision of enhancing global interactions in the metaverse. Released for non-commercial use, Meta is prioritising open AI ecosystems, though it faces legal concerns similar to the industry about training data's usage in AI model creation, exemplified by copyright infringement lawsuits.
North Korean hackers target US-South Korea military drills
Suspected North Korean hackers targeted a recent joint US-South Korea military exercise, but South Korean police assured that classified information remained secure. The hackers, believed to be linked to a North Korean group known as Kimsuky, used spear-phishing emails to compromise South Korean contractors, but military-related data remained untouched.
Nestle, Unilever among big advertisers shifting to AI
Major advertisers like Nestle and Unilever are exploring generative AI tools such as ChatGPT and DALL-E to boost efficiency and cut costs in marketing. However, concerns about security, copyright, and biases in the generated content indicate that human involvement will persist in the process for the foreseeable future.
Juniper web management interface open to RCE
Juniper Networks has highlighted four vulnerabilities found by a third-party researcher in its Junos OS operating system that, when chained together, allow unauthenticated remote code execution. While each vulnerability individually holds a medium CVSS score, when combined, they presents a critical threat with a CVSS score of 9.8.
14 winners announced at Techblazer Awards 2023
Winners across ten companies and four student teams have been announced in the Techblazer Awards 2023, an event jointly presented by the Infocomm Media Development Authority (IMDA) and SGTech. The awards recognise innovation in tech products and services in Singapore, with a special focus on the new "Carbon Zero" category aligning with Singapore's commitment to achieving net-zero emissions.