Thursday, November 3, 2022

Quest Global Acquires Adept, A Product Technology Design House


* Transaction scales Quest Global’s global operations and bolsters its semi-conductor capabilities

Quest Global, one of the world’s fastest growing engineering services firms, today announced the acquisition of Adept, a product design house with robust capabilities in the semi-conductor, automotive, and hi-tech verticals. This transaction accelerates Quest Global’s growth by scaling its operations and advancing its capabilities to provide innovative and digital solutions to its customers around the globe.

With locations in Bengaluru, Hyderabad and Vizag and clients across India, China and the United States, the acquisition of Adept expands Quest Global’s footprint in India and strengthens its global presence. In particular, the company brings strong capabilities that will enable Quest Global to add significant capacity to its semi-conductor offerings. This allows Quest Global to provide its customers with deeper digital engineering expertise, greater choice and expanded services from additional semi-conductor capabilities, enhanced embedded services and new capabilities in prototyping, ADAS, Vehicle Connectivity, Integrated Cockpit, and AUTOSAR toolkits – all of which will put Quest Global in an even better position to deliver superior end-to-end global product engineering services to its customers around the world.

“At Quest Global, we strive to be the most trusted partner for the world’s hardest engineering problems – and today’s news moves us one step further on that journey,” said Ajit Prabhu, Chairman & CEO, Quest Global. “We are pleased to welcome Adept to the Quest Global family. Spending quality time with founders, Gopal Koreme and Madan Lolugu, we recognized how great the cultural fit was right out of the gate, and that alignment became the foundation of this agreement. Together, we will accelerate digital engineering capabilities to service the fast-growing semiconductor industry.”

“This is an exciting moment for Adept. As part of the Quest Global family, we now have a tremendous opportunity to leverage our unique capabilities to help solve the world’s hardest engineering problems for customers and communities around the world,” said Gopal Koreme, Co-Founder & CEO, Adept. “We have a shared vision for growth for our customers and for our people that will enable us to build on the success of our organizations to become the most trusted partner in the semiconductor industry.”

“We are thrilled to join the Quest Global family and become part of the best growth story in engineering services,” said Madan Lolugu, Co-Founder & Director, Adept. “With their support and resources, Adept looks forward to doubling down on our efforts to provide world class chip design and embedded services.”

About Adept

Adept is a product design house, providing world class chip design and embedded services.  Headquartered in Bengaluru, Adept has research and development offices in Hyderabad and Vizag, India and a global presence with clients across India, the United States and China. Founded in 2011, Adept is a full service IC design firm that specializes in team augmentation, turnkey solutions for end-to-end chip design, and product lifecycle management. A flexible and reliable partner with more than 480 talented engineers, Adept brings a wealth of technical capabilities scalable to multinational corporations. As of September 2022, Adept is now part of the Quest Global family.

About Quest Global

We are Quest Global. We’re in the business of engineering, but what we’re really building is a brighter future. It’s not just what we do, but why we do it that makes us different. We believe engineering has the unique opportunity to solve the problems of today that stand in the way of tomorrow. For 25 years, we have strived to be the most trusted partner for the world’s hardest engineering problems. As a global organization headquartered in Singapore, we live and work in 17 countries, with 56 global delivery centers & offices, driven by 14,000+ extraordinary employees who make the impossible possible every day.

Quest Global brings deep industry knowledge and digital expertise to deliver end-to-end global product engineering services.  We bring together technologies and industries alongside the contributions of diverse individuals and their areas of expertise to solve problems better, faster. This multi-dimensional approach enables us to solve the most important and large-scale challenges across the Aerospace & Defense, Automotive, Energy, Hi-Tech, Healthcare, Medical Devices, Rail and Semi-conductor industries.  

Emirates And Air Canada Activate Codeshare Partnership To Extend Global Networks And Enhance Customer Experience


* Emirates and Air Canada customers will have access to 46 points across North America, Asia, the Middle East and Africa

* Frequent flyer members of Skywards and Aeroplan will soon be able to earn and redeem points or miles when flying with both airlines

* Enhanced customer offering implemented with the issuance of a single ticket and baggage transfers through to the final destination

* A plan for improved connectivity and seamless experience between the carriers at their respective hub airports in Dubai and Toronto to be implemented over the next six months

Emirates and Air Canada today announced the launch of their codeshare cooperation. The new partnership will allow customers of the carriers to enjoy seamless connectivity to 46 markets spanning three continents, including to destinations across the Americas, the Middle East, Africa, Southeast Asia, and the Indian subcontinent.

Beginning today, codeshare tickets will be available for sale to 35 markets for travel effective December 1 with 11 additional markets to be added pending final regulatory approval, and the potential for more markets to be included beyond that. Tickets are available via the carriers' websites at emirates.com and aircanada.com as well as via major GDS systems and travel agencies.

Sir Tim Clark, President Emirates Airline said: “We are delighted to establish a partnership with Air Canada, to expand our reach into more points in North America. Partnering with Canada’s flag carrier enables us to offer customers seamless connectivity when flying to domestic points within Canada via Toronto. Besides the added-value benefits and rewarding experiences that leisure and business travellers of both airlines can look forward to, the partnership allows Air Canada’s customers to travel to destinations across Asia, Africa and the Middle East, thanks to our expansive network via our hub in Dubai.”

"This exciting new partnership with Emirates will allow Air Canada to meaningfully broaden the choice of flight options for our customers. It will create easier connections between Canada and destinations in the Middle East, Africa, Southeast Asia and the Indian subcontinent. As well, it will allow us to draw more connecting traffic through our Toronto global hub and expand our presence in these dynamic regions where demand for global travel is expected to grow," said Michael Rousseau, President and Chief Executive Officer at Air Canada.

Emirates customers will be able to book codeshare flights to and from Canadian points beyond Toronto, including Calgary, Edmonton, Halifax, Montreal, Ottawa and Vancouver.

Air Canada will place its code on routes operated by Emirates from its hub in Dubai, expanding the airline’s reach across the Indian subcontinent and unlocking more destinations, including Colombo, Dhaka, Islamabad, Karachi, and Lahore.

Seamless connectivity will also be enjoyed by Air Canada’s customers travelling to Southeast Asian destinations including Bangkok, Hanoi, Phuket, Kuala Lumpur and Singapore; the Middle Eastern cities Jeddah and Muscat; as well as destinations in Africa, namely Addis Ababa and Dar Es Salaam.

Coming soon, the airlines will introduce a reciprocal frequent flyer offering, allowing members of Aeroplan and Skywards to earn and redeem points on flights operated by Emirates and Air Canada, respectively. Eligible passengers will also soon be able to take advantage of reciprocal lounge access, along with select benefits for Aeroplan Elite and Skywards members when travelling on the partner airline. Further details and launch dates will be announced at a later date.

* Codeshare activities are subject to government approvals.

About Emirates

From its global hub in Dubai, Emirates serves customers on six continents, providing high quality air transport services that facilitate tourism and trade. The airline has earned customer recognition for its industry-leading services on the ground and in the sky, delivered by a passionate workforce representing over 160 nations. Emirates operates the world’s largest fleet of wide-body Boeing 777 and Airbus A380 aircraft, offering spacious cabins and iconic inflight features such as its A380 Shower Spa and Onboard Lounge, and its ice inflight entertainment system available in all seats across its fleet, which has topped “best in sky” awards for 14 consecutive years. Emirates is committed to environmentally-responsible operations and focusses on three areas: reducing emissions, consuming responsibly, and protecting wildlife and habitats.  For more information, visit www.emirates.com. 

About Air Canada

Air Canada is Canada's largest airline, the country’s flag carrier and a founding member of Star Alliance, the world's most comprehensive air transportation network. Air Canada provides scheduled passenger service directly to 50 airports in Canada, 47 in the United States and 69 internationally. It holds a Four-Star ranking from Skytrax. Air Canada’s Aeroplan program is Canada’s premier travel loyalty program, where members can earn or redeem points on the world’s largest airline partner network of 45 airlines, plus through an extensive range of merchandise, hotel and car rental rewards. Its freight division, Air Canada Cargo, provides air freight lift and connectivity to hundreds of destinations across six continents using Air Canada’s passenger flights and cargo-only flights with its fleet of Boeing 767-300 freighters. Air Canada has committed to a net zero emissions goal from all global operations by 2050. 

Les Roches Third Innovation Summit Highlights On The Impact of New Tech On Traditional Hospitality


The Spark Innovation Sphere Summit has gathered last week around 100 hospitality and tech experts on Les Roches Global Hospitality Education campus nested in the Swiss Alps, to discuss “The Impact of New Technologies on Traditional Hospitality”.

While travel and hospitality will always be essentially a ‘people’ thing, the industry is in quest for innovations. During the event, speakers from the hospitality & tech industries shared insights and discuss about how some technologies such as AI, robotics, VR, holograms, Web3 and others are changing the hospitality industry, especially to enhance customer experience and revenue. 

For Pablo Garcia, Director of Spark at Les Roches Crans-Montana, the key highlights of the summit are:

·         “Technology is here and there is no way back, we need to be educated around it, embrace it and lead it. It is a culture we need to foster among hospitality students.

·         The purpose of Innovation is not just about technology, is about making life easier to employees and customers.

·         Innovation and sustainability go together. We need innovation and innovators to create solutions to support a sustainable development.

·         Technology will not replace human being; it will enhance their added value.

·         Innovation is not just about technology; it is a process innate to human beings.

·         Covid 19 has changed our society. We live now in a new normality with hybrid realty and possibilities. Ever-changing business environments are part of this reality. No matter what the type of industry it is, all companies need to re-thinking how to deliver the best customer experience.”

Susana Garrido, Director of Spark Marbella recommended an: “open innovation and a co-creation approach in which Hospitality players have to learn to attract and retain talents to design solutions that ignite change and to choose only those innovative approaches that will be valuable to all stakeholders, avoiding technology just for the sake of technology. “

Carlos Díez de La Lastra, CEO of Les Roches has called for: “a collaboration between industry, education and public institutions, private actors and start-ups which is key to create a strong eco-system looking at adding value to businesses, employees and customers alike.”

With Spark, Les Roches has created a worldwide innovation platform to endorse hospitality invention which encompasses pre-incubation and incubation solutions for entrepreneurs that are delivering revolutionary ideas to the hospitality and tourism sector.

Spark empowers learners, graduates, and corporate allies to design and implement novel hospitality solutions in on-campus living laboratories.

Manipal College of Health Professions Celebrates World Respiratory Care Week 2022


* The event was organised by the Department of Respiratory Therapy of Manipal College of Health Professions (MCHP)

* MoU signed between MCHP and Indian Association of Respiratory Care (IARC) to enhance academics and research

* The week included a workshop RESPICARE 2022 on the theme “Essential skills for respiratory therapist in critical care”

The Department of Respiratory Therapy of Manipal College of Health Professions (MCHP), a constituent of Manipal Academy of Higher Education (MAHE) conducted “World Respiratory Care Week” between 13 to 22 October 2022.

The inaugural ceremony was held on 21st October during which a Memorandum of Understanding (MoU) was exchanged between MCHP, MAHE and Indian Association of Respiratory Care (IARC) to enhance academics and research.  The ceremony had the presence of Dr. Narayana Sabhahit, Registrar, MAHE, Manipal as Chief Guest, Dr Jerry Paul, Professor of Anaesthesiology, AIMS Kochin and President of Indian Association of Respiratory Care as Guest of honour, Dr G. Arun Maiya, the Dean of MCHP, MAHE, Manipal, Ms. Pratibha Todur, Incharge HoD, Department of Respiratory Therapy, MCHP, MAHE, Manipal and Ms. Samruddha, Assistant professor as Organising Secretary of the event, Department of Respiratory Therapy, MCHP, MAHE, Manipal.

During the week, department also conducted CME and workshop “RESPICARE 2022”- on the theme “Essential skills for respiratory therapist in critical care”. About 200 delegates attended the event from Manipal and Mangalore regions. The department also held its first alumni meet in the campus on 22nd October.

Speaking about the event Dr. G. Arun Maiya, the Dean of Manipal College of Health Professions, MAHE said “With the signing of the MoU, the World Respiratory Care Week celebrations this year marked the beginning of an important collaboration between Manipal College of Health Professions, MAHE and the Indian Association of Respiratory Care (IARC). We are confident that this partnership will help in enhancing both academic opportunities and research for students and professionals in the field of respiratory care. We were delighted to see the enthusiastic participation in the RESPICARE 2022 workshop and the vigour with which the students showcased their talents in various competitions held during the week”

The entire week’s celebrations included various competitions like painting, collage making, poster presentation, cartooning competition, installation of 3D model, reels competition, Quiz, Cultural events such as dance, songs, music, MIME etc for the students of Respiratory Therapy.

The week ended with the valedictory function held on 22nd October where the students were rewarded with prizes and certificates for the showcase of their talents

Zee Digital Rebrands Itself As IndiaDotcom Digital; Focuses On Building A Tech-Centric Organization


·       Zee Media Corporation Ltd hired 300+ fresh talent to its workforce last quarter

·       The digital arm of the Zee Media Corporation Ltd., registers more than a billion page views per month

Zee Digital, one of India’s largest digital entities, has rebranded itself to IndiaDotcom Digital Pvt Ltd (IDPL) with a new logo, to redefine a host of Infinite Possibilities. It unveiled the new brand identity and fresh look through a short video on social media, thus symbolizing a well-thought manifestation of its relentless drive for innovation, excellence, empowerment, and growth.

The media Industry has been evolving with new-age innovative technology. To match the increasing demand of its viewers/readers, IDPL looks forward to converting into a technology-centric organization by investing in high-end technology, encouraging product talent & vibrancy, and boosting the entrepreneurial spirit. IDPL has implemented technologies such as Artificial Intelligence and Machine Learning.

Speaking about the brand rebranding, Devadas Krishnan, CEO – IDPL says, “The new avatar of IDPL is a step forward towards encouraging innovation and adopting a tech-driven approach as per the market demand of the present day and age. As a brand, we are fast-paced, and encourage our employees to upskill and enhance their knowledge through an in-depth understanding of how content is consumed by our viewers/ readers. We look forward to attracting the best tech, product, and marketing talent in the industry. “ 

Furthermore, keeping in line with Zee group’s employee-friendly culture, IndiaDotcom Digital offers its employees the option to work onsite, remote, and hybrid. IDPL has also successfully initiated employee-friendly practices such as an in-house gym and library, crèch for working parents, and a ‘Well done’ initiative - where team members’ efforts are appreciated and rewarded by the company on the spot. This enables a better work-life balance and well-being of its workforce and encourages a collaborative culture of healthy employee relations.

IDPL has been aggressive in its hiring and recently added 300+fresh talent. As per the latest FICCI-EY report, the Indian media and entertainment (M&E) industry clocked Rs 1.61 lakh crore in 2021 and is estimated to grow at a CAGR of 11% to Rs 2.32 lakh crore by 2024. 

Logo launch https://www.linkedin.com/posts/indiadotcomdigital_idpl-infinitepossibilities-indiadotcomdigital-activity-6978322202064506880-ZFQp/?utm_source=share&utm_medium=member_desktop

About IndiaDotcom Digital Pvt Ltd: IndiaDotcom Digital Private Limited is one of India’s leading media technology companies with strong presence in the news, information and entertainment genres. It is India's second largest Digital Entity touching more than 300 million monthly users and owns 30 plus digital properties including India.com, Zee news, Zee Business, Zee Hindustan, WION news, Bollywoodlife.com and more.

NASSCOM Reports- Future Of Workforce: Decoding GIG Workforce 2.0


The dynamic business landscape and evolving operating models have ushered in an opportunity for the gig economy to become a key talent management strategy for enterprises. To highlight the rapidly evolving gig workforce landscape in the technology sector, The National Association of Software and Services Companies (NASSCOM) and Indeed in partnership with AON have today released their study, titled “Future of Workforce: Decoding Gig Workforce 2.0”. The report aims to understand the prevalence of the gig workforce landscape in the Indian technology sector, its current and future trends as well as its role in addressing the tech talent demand and supply gap for the tech industry.

The gig economy over the last two years has evolved significantly. Focus on specialized skills requirement, employee demand elasticity and cost optimization are enabling organizations to embed gig for technology roles which traditionally were restricted to HR and support functions. Notably, Software Development, UI/UX Design, and Data Analytics have emerged as the top three in-demand giggable skills within the technology sector.

State of Gig Workforce in India

Talent continues to remain a key advantage for the Indian tech Industry. Globally, India has the 2nd largest annual supply of STEM graduates, 4x-4.5x higher than the USA, and is also a leader in terms of women diversity among STEM Graduates at 47.1%. Though the accelerated demand for digital transformation has intensified the talent crunch globally, the gig workforce has emerged as an important talent management strategy for organizations and can play a key role in closing the tech talent demand-supply gap. Notably, India has the lowest tech talent gap among top tech locations such as USA, China, UK. Strategies such as increased hiring of sub-contractors and external gig workforce especially for niche digital technologies and offering internal Gig platforms for better utilization of existing employees, amongst others, continue to support organizations in closing the gap faster.

As per the NASSCOM, Indeed and AON survey of over 70 organizations, nearly 2/3rd (65% of the surveyed organizations) of them are employing gig workers as of 2022, a higher share compared to 57% of the organizations in the year 2020. While the share of organizations employing Gig Workers has increased, their proportion remains less than 5% of the total workforce (For companies with more than 2000 FTEs). However, for smaller organizations with less than 2000 full-time employees (FTEs), gig worker proportion is more than 5%. Notably, none of the organizations have mentioned a decline in gig hiring. In about 15% of the surveyed organizations, the proportion of gig workers in the past two years has increased by more than 30%, proving the efficacy of the model.

Further, before the pandemic, gig workers were mostly hired for projects with a duration of up to 9 months, however, the duration of projects being offered to gig workers has increased significantly, post-pandemic. 25% of the surveyed organizations are open to hiring gig workers for projects with a duration of more than 12 months, thus indicating the growing demand for talent and their effective use to meet short-term talent needs.

In terms of compensation, a proven capability in the areas of expertise, qualifications and relevant years of experience are some of the top factors being considered by organizations while determining compensation for gig workers. Over 40% of the surveyed organizations decide on a Fixed Fee at the initiation of a Gig Contract. As many as 53% of the surveyed organizations have policies to absorb Gig Workers as full-time employees. Moreover, over 90% of the surveyed organizations remain open to re-hiring gig workers in the same or adjacent areas of work based on past performance evaluation.

Gig Workforce Creating Business & Social Impact

While the pandemic-induced remote work aided in recognizing the efficiency and specialized skills of gig workers, this shift also enabled increased efficiency in the completion of tasks, reduced time for hiring for new roles, and engaging with a more diverse workforce which includes retired professionals as well as women returning to the workforce.

Debjani Ghosh, President, NASSCOM said, “The future workforce will indeed be a blended model wherein the Gig economy is expected to play an important role not only as a talent management strategy but also accelerate job creation and boost the country’s economic growth. As we navigate the new world order, multiple models will co-exist with trust and transparency at the core of it.”

The Future of Gig in the Indian Tech Industry looks promising

However, ensuring the quality of Gig Workers, hurdles in security checks & verification, lack of structured policies, and clarity on regulations or guidelines for Gig Workers are some of the key concern areas amongst organizations.

Sashi Kumar, Head of Sales, Indeed India said, “We are excited to partner with Nasscom and are grateful for joining our mission of helping people get jobs. I am confident our joint report will impact and empower the labour market.

Companies investing in gig work platforms and processes speak volumes about how critical talent is for enabling their next level of growth, especially now, given the global uncertainties. The report also indicates this positive growth, with 46% of organizations surveyed planning to increase the proportion of gig workers from current levels. Businesses that place gig workers at the core of their business strategies will continue to thrive in 2023 and beyond.”

Implementing a successful gig workforce model will require a concentrated focus on- People, Policy, Process, and Practice. This includes building structured industry policies for Gig workers, use of technology to solve security concerns and nurturing an inclusive culture that focuses on the amalgamation of both full-time and gig employees. Moreover, Gig workers will also need to invest in continuous upskilling and ensure that they are bringing the best skills to the table and at the same time build a relationship of mutual trust and partnership by following the highest standards of business ethics and data security.

About NASSCOM

The National Association of Software and Services Companies (NASSCOM®) is the premier trade body and chamber of commerce of the Tech industry in India and comprises over 3000-member companies. Our membership spans across the entire spectrum of the industry from start-ups to multinationals and from products to services, Global Capability Centres to Engineering firms. Guided by India's vision to become a leading digital economy globally, NASSCOM focuses on accelerating the pace of transformation of the industry to emerge as the preferred enablers for global digital transformation. Our strategic imperatives are to reskill and upskill India's IT workforce to ensure that talent is future-ready in terms of new-age skills, strengthen the innovation quotient across industry verticals, create new market opportunities - both international and domestic, drive policy advocacy to advance innovation and ease of doing business, and build the industry narrative with focus on Talent, Trust and Innovation. And, in everything we do, we will continue to champion the need for diversity and equal opportunity.

Latest SonicWall Intelligence Reveals Unstable Cyber Threat Landscape Amplifying Concerns For Security Professionals


Highlights

Malware attempts dipped 8% in NOAM, dipped 5% in the U.S while it rose 38% in APJ

Ransomware attempts jumped in APJ (56%)

Crypto jacking numbers jumped 35% globally through three quarters, including a 160% increase in APJ.

Global malware volume tops 4 billion, flat through three quarters

Despite 31% decline in global ransomware attempts from 2021, volume exceeds full-year totals when compared to four of the last five years (623.3 million)

Customers saw an average 1,014 ransomware attempts through three quarters

91% of IT leaders cited financially motivated attacks as biggest concern

Capture ATP earns seventh consecutive 100% threat detection score in ICSA Labs Advanced Threat Defense (ATD) Q3 2022 testing

Accelerated reconfiguring of the international cyber frontlines on the rise in the Asia Pacific

SonicWall, publisher of the world’s most quoted ransomware threat intelligence, today released new threat data through the third quarter of 2022. SonicWall recorded more than 4 billion malware attempts globally while year-to-date ransomware attempts in 2022 have already exceeded full-year totals from four of the last five years. In the recent 2022 SonicWall Cyber Threat Mindset Survey, 91% of organizations reported that they are most concerned about ransomware attacks, indicating a rise of anxiety among security professionals.

“Being a security professional has never been more difficult,” said SonicWall President and CEO Bob VanKirk. “The cyber warfare battlefront continues to shift, posing dangerous threats to organizations of all sizes. With expanding attack surfaces, growing numbers of threats and the current geo-political landscape, it should be no surprise that even the most seasoned IT professional can feel overwhelmed. Armed with the latest cybersecurity tools, SonicWall partners can play a vital role in helping customers stay secure in even the most dynamic threat environments.”

“Regardless of the organization’s size or the industry, everybody is a target of cyberattacks,” said Debasish Mukherjee, Vice President, Regional Sales APJ at SonicWall Inc. “Additionally, digital attacks are not just targeting the enterprise; they are attacking governments, MSPs, retail and other organization types. These cyber criminals are confident that these organizations have limited recovery resources, and as such will be more willing to pay after a ransomware attack.”

Ransomware Attacks Shift, Tactics Intensify, Diversify

After a record-breaking 2021, overall ransomware attacks have trended down in the first three quarters of 2022 — especially in the United States (-51%). However, attack locations have continued to shift, as ransomware attempts jumped in the U.K. (20%), EMEA (38%) and APJ (56%) compared to the same time frame last year. Proprietary SonicWall threat intelligence also found that Q3 2022 was the lowest quarterly ransomware volume since Q3 2020. Even in decline, SonicWall recorded 338.4 million ransomware attempts since the beginning of the year.

It is easier than ever to perform ransomware attacks. With Ransomware-as-a-Service (RaaS) offerings, even less technical cybercriminals can purchase ransomware kits on the dark web and target organizations with minimal experience.

Ransomware actors also are diversifying their business models and broadening their networks as demand for their services continues to grow, leading to an explosion in the variety of different tools and resources being offered via illicit marketplaces. According to SonicWall survey data, organizations are concerned with how easily ransomware attacks can be launched and 89% cited concern of financially motivated threats.

“Ransomware has evolved at an alarming rate, particularly in the past five years — not only in volume but in attack vectors,” said SonicWall Emerging Threat Expert Immanuel Chavoya. “The latest Q3 data shows how bad actors are getting smarter in the development of evolutionary strains and more targeted in their assaults.”

Crypto jacking, IoT Malware Volume Continue Upward Trend

Hackers are increasingly targeting financial firms, such as banks and trading houses, with cyberattacks designed to maliciously use computer systems to illegally mine cryptocurrencies. Cryptojacking numbers jumped 35% globally through three quarters, including a 377% spike in EMEA and 160% increase in APJ.

With more smart devices entering the digital space every day there is a growing need for Internet of things (IoT) security. IoT devices have multiple ways to connect to a network, offering multiple attack vectors to exploit. IoT malware climbed 92% globally, with 82% and 200% jumps in APJ and North America, respectively.

“With over 1.4 million endpoints collecting data around the globe, SonicWall has more data to uncover emerging threat trends and provide a true depiction of what is happening in the cyber threat landscape,” said Solutions Granted (SGI) CEO Michael Crean. “They say knowledge is power and SonicWall’s proprietary data helps SGI stay informed, which in turn helps us educate our customer base.  Leveraging SonicWall’s research helps SGI create actionable steps to help us keep our customers safer!”

Machine Learning Uncovering ‘Never-before-seen’ Malware Variants

SonicWall’s patented Real-Time Deep Memory InspectionTM (RTDMI) technology identified 373,756 never-before-seen malware variants during the first three quarters of 2022 — a 22% increase year-to-date.

One of these never-before-seen malware variants was Spyder Loader, which was observed targeting government organizations in Hong Kong in October 2022. SonicWall RTDMI proactively detected this malware strain and SonicWall Capture Labs threat researchers were the first to publish their analysis in a March 2021 SonicAlert —  a showcase of RTDMI’s machine learning-powered capabilities.

SonicWall Capture ATP Showcases ‘Perfect Threat Detection’

In October 2022, SonicWall Capture Advanced Threat Protection (ATP) with RTDMI earned its seventh consecutive 100% threat detection score in ICSA Labs Advanced Threat Defense (ATD) testing for Q3 2022, the solution’s 11th consecutive certification. ICSA Labs is an independent third party that tested SonicWall's solutions using never-before-seen malware samples, many just hours old.

About SonicWall Capture Labs

SonicWall Capture Labs threat researchers gather, analyze and vet cross-vector threat information from the SonicWall Capture Threat network, consisting of global devices and resources, including more than 1 million security sensors in nearly 215 countries and territories. SonicWall Capture Labs, which pioneered the use of artificial intelligence for threat research and protection over a decade ago, performs rigorous testing and evaluation on this data, establishes reputation scores for email senders and content, and identifies new threats in real-time.

About SonicWall

SonicWall delivers Boundless Cybersecurity for the hyper-distributed era in a work reality where everyone is remote, mobile and unsecure. SonicWall safeguards organizations mobilizing for their new business normal with seamless protection that stops the most evasive cyberattacks across boundless exposure points and increasingly remote, mobile and cloud-enabled workforces. By knowing the unknown, providing real-time visibility and enabling breakthrough economics, SonicWall closes the cybersecurity business gap for enterprises, governments and SMBs worldwide. For more information, visit www.sonicwall.com

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