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Australian telecoms firm Optus has reportedly drawn further government criticism on Tuesday for a major cyber breach, as a suspected hacker's anonymous online profile claimed to be erasing stolen data and retracting with a sum of $1 million ransom money. The second largest mobile operator in the nation, Optus, which is owned by Singtel, disclosed last week that one of Australia's largest data breaches had exposed information of up to 10 million users, comprising driver's license numbers, home addresses, and passport numbers.
Japan will launch the latest domestic tourism subsidy program on October 11 and continue it till late December 2022, to boost the tourism sector and revitalize the coronavirus-ravaged economy, tourism minister Tetsuo Saito announced on Monday. The National Travel Discount will offer up to ¥11,000 ($76.1) per traveler each day in coupons and discounts that can be utilized for shopping, food, and accommodation. The action adheres to the plan of relaxing COVID-19 border control regulations on October 11, by removing the daily cap on
Interpol has reportedly issued a red notice for Do Kwon, asking that law enforcement authorities across the world seek and arrest the founder of Terraform Labs, whose blockchain company failed earlier this year, wiping away $40 billion of investor funds. As per prosecutors, Kwon is charged with wiping away investors’ money in South Korea. Several industry experts have recently stated that the notice against Kwon, which was verified by a South Korean prosecutor, may establish a bad precedent for the cryptocurrency industry and im
Japan will reportedly lift a series of Covid-19 border restrictions beginning October 11 in a move that is expected to revitalize the tourism industry, Prime Minister Fumio Kishida announced in New York. Speaking at a conference on Thursday, Kishida stated that Japan will resume visa waivers and permit entry for individual travelers and the daily arrivals cap in Japan would also be lifted. As the pandemic's most fatal wave starts to subside, Japan has decided to remove the majority of its restrictions on intern
Orange Business Services, a worldwide network-native digital services provider, Orange Cyberdefense, a renowned cybersecurity service company, and Netskope, an expert in SASE or secure access service edge, have reportedly joined forces to create a new Security Service Edge (SSE) solution, which will be integrated with the Orange Telco Cloud Platform. As per reports, enterprises will no longer have to choose between performance and security because the improved solution is built to combine maximum security with optimal performance. Thr
Oil prices in Singapore reportedly surged on Wednesday as Russian President Vladimir Putin authorized a partial mobilization to defend the occupied territories in Ukraine, a move that may further disrupt the energy supply. While West Texas Intermediate rose 2.6% to $86.12 for a barrel, Brent crude rose by 2.54% to $92.92 per barrel. According to Putin, Russia will take the necessary actions to protect its sovereignty and will use all methods to defend its borders. After the Kremlin proceeded to a
Japan's inflation has reportedly accelerated to the quickest rate in over three decades, presenting issues for the central bank as it tries to explain the necessity to continue with stimulus spending when inflation is well above its 2% target. The Internal Affairs Ministry stated on Tuesday that consumer prices, except for fresh food, increased 2.8% in August, as compared to the same month last year. Except for the impact of higher sales taxes, it was the highest reading since 1991. The majority of the year-over-year increase was
The Covid lockdown that forced people to remain inside their homes for over two weeks and closed schools and businesses in the Chinese megacity of Chengdu has reportedly been lifted on Monday. With a population of 21 million, Chengdu is the biggest city to be shut down since the stringent two-week lockdown of Shanghai's financial hub in April, which left many citizens in dire need of food. China is the last major economy to commit to a zero-COVID approach, and the officials are under pressure to stop virus outbreaks before an impo
The American tech giant, Intel, and Singapore-based telecommunications firm Singtel have recently launched a new incubator program, according to reports. One of the projects under this program is the development of a smart camera system that can assist companies in detecting problems, such as intrusions and accidents in the workplace. The system will also ensure a quicker response time. The incubator program is also aiding the development of another project wherein an AI-powered video analytics system is being created by the video surveillance company Axis Communications a