This major criminal hacking group just switched to ransomware attacks

A widespread hacking operation that has been targeting organisations around the world in a phishing and malware campaign which has been active since 2016 has now switched to ransomware attacks, reflecting how successful ransomware has become a money-making tool for cyber criminals.

Dubbed FIN11, the campaign has been detailed by cybersecurity researchers at FireEye Mandiant, who describe the hackers as a ‘well-established financial crime group’ which has conducted some of the longest running hacking campaigns.

The group started by focusing attacks on banks, retailers and restaurants but has grown to indiscriminately target a wide range of sectors in different locations around the world, sending thousands of phishing emails out and simultaneously conducting attacks against several organisations at any one time.

For example, in just one week, Mandiant observed concurrent campaigns targeting pharmaceuticals, shipping and logistics industries in both North America and Europe.

But despite attacks targeting a wide variety of

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Norwegian Group Katapult Ocean Invests in ecoSPEARS Environmental Startup With NASA Clean Water Technology

ORLANDO, Fla., Oct. 14, 2020 /PRNewswire/ — ecoSPEARS understands that toxins are polluting land and waterways. When these contaminants remain in the environment, they can cause congenital disorders and diseases to animals and people.ecoSPEARS develops climate-friendly technology solutions to remove the toxins from the environment, so everyone has access to clean water, clean food, and clean air. 

In the selection process, Katapult Ocean screened and interviewed a pipeline with more than 1,500 startups. Since 2018, Katapult Ocean has made 32 investments in exciting ocean impact companies from all over the world (17 countries and four continents). “Few options exist when it comes to eliminating persistent and emerging contaminants in soil, sediment, and oil – a problem which has grown with industry globally. ecoSPEARS is well-positioned to become the benchmark cleantech company for green remediation,” said Jonas Skattum Svegaarden, CEO of Katapult Ocean. 

ecoSPEARS imagines a world where every

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New Oriental Education & Technology Group Inc. (EDU) Management on Q1 2021 Results – Earnings Call Transcript

New Oriental Education & Technology Group Inc. (NYSE:EDU) Q1 2021 Results Earnings Conference Call October 13, 2020 8:00 AM ET

Company Participants

Sisi Zhao – Director, Investor Relations

Stephen Yang – Chief Financial Officer

Conference Call Participants

Tian Hou – T.H. Capital

Felix Liu – UBS

Jin Yoon – Newstreet Research

Mark Li – Citi

Alex Xie – Credit Suisse

Sheng Zhong – Morgan Stanley

Lucy Yufrom – Bank of America Securities

Alex Liu – China Renaissance

DS Kim – JPMorgan

Tommy Wong – China Merchant Securities

Liping Zhao – CICC

Operator

Good evening and thank you for standing by for New Oriental’s FY 2021 First Quarter Results Earnings Conference Call. At this time all participants are in a listen-only mode. After managements prepared remarks there will be a question-and-answer session. Today’s conference call is being recorded. If you have any objections, you may disconnect at this time.

I’d now

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New Hyundai Motor Group Innovation Center in Singapore to Transform Customer Experience through Future Mobility R&D

  • Construction begins with virtual groundbreaking ceremony attended by Singapore Prime Minister Lee Hsien Loong, South Korea’s Industry Minister Sung Yun-mo, and Hyundai Motor Group Executive Vice Chairman Euisun Chung
  • HMGICS to serve as an innovation center for future mobility studies
  • Construction due to be completed by the end of 2022
  • Center to lead paradigm shift in mobility value chain, spanning the entire lifecycle of vehicles
  • Small-scale manufacturing capabilities focused on EVs to test a customer-centered manufacturing platform
  • HMGICS to explore new business concepts, including battery-as-a-service

SEOUL, South Korea and SINGAPORE, Oct. 13, 2020 /PRNewswire/ — Hyundai Motor Group (the Group) celebrated the groundbreaking announcement of the Hyundai Motor Group Innovation Center in Singapore (HMGICS) with a virtual ceremony today. The center will act as an open innovation lab for the Group’s future mobility research and development, with the aim of revolutionizing the future mobility value chain.

“HMGICS is a major

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What Kind Of Investors Own Most Of dMY Technology Group, Inc. (NYSE:DMYT)?

The big shareholder groups in dMY Technology Group, Inc. (NYSE:DMYT) have power over the company. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. Companies that used to be publicly owned tend to have lower insider ownership.

dMY Technology Group is a smaller company with a market capitalization of US$342m, so it may still be flying under the radar of many institutional investors. In the chart below, we can see that institutions own shares in the company. Let’s delve deeper into each type of owner, to discover more about dMY Technology Group.

See our latest analysis for dMY Technology Group

What Does The Institutional Ownership Tell Us About dMY Technology Group?

Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.

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Winslow Technology Group Achieves CRN Triple Crown Award

Program Recognizes Exceptional IT Solution Providers

2020 CRN Triple Crown Winner

Winslow Technology Group Receives the 2020 CRN Triple Crown Award.
Winslow Technology Group Receives the 2020 CRN Triple Crown Award.
Winslow Technology Group Receives the 2020 CRN Triple Crown Award.

WALTHAM, Mass., Oct. 12, 2020 (GLOBE NEWSWIRE) — Winslow Technology Group, and IT solutions and professional services company, announced that CRN®, a brand of The Channel Company, has recognized us as a 2020 Triple Crown Award winner.

CRN Triple Crown Award winners are among the largest IT solution providers in North America from a revenue standpoint on the Solution Provider 500 list, while ranking as one of the fastest-growing organizations in the channel with recognition on the Fast Growth 150 list, and have received the highest-level certifications from leading vendors on the Tech Elite 250 list. While it is an impressive accomplishment for a solution provider to earn a spot on any of these elite lists, being

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Why US sanctions on China’s Ant Group may be an empty threat

Washington could soon expand its war against Chinese tech companies by setting its sights on Ant Group, the crown jewel of billionaire Jack Ma’s empire.



a group of people performing on a counter: People walk past the Ant Group Co. mascot displayed at the company's headquarters in Hangzhou, China, on Monday, Sept. 28, 2020. Jack Ma's Ant Group is seeking to raise $17.5 billion in its Hong Kong share sale and won't seek to lock in cornerstone investors, confident there will be plenty of demand for one of the largest equity deals in the financial hub, according to people familiar with the matter. Photographer: Qilai Shen/Bloomberg via Getty Images


© Qilai Shen/Bloomberg via Getty Images
People walk past the Ant Group Co. mascot displayed at the company’s headquarters in Hangzhou, China, on Monday, Sept. 28, 2020. Jack Ma’s Ant Group is seeking to raise $17.5 billion in its Hong Kong share sale and won’t seek to lock in cornerstone investors, confident there will be plenty of demand for one of the largest equity deals in the financial hub, according to people familiar with the matter. Photographer: Qilai Shen/Bloomberg via Getty Images

But there doesn’t appear to be much the US government could do to realistically hurt the digital finance company. Unlike other Chinese tech firms that have drawn the ire of Washington, Ant does little business in the United States.

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Ant Group

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Facebook removes fake accounts linked to conservative group

By David Klepper | Associated Press

Facebook has removed 276 accounts that used fake profiles to pose as right-leaning Americans and comment on news articles, often in favor of President Donald Trump, the company announced Thursday.

The platform also permanently banned an Arizona-based digital communications firm that it said was behind the fake accounts.

The move was prompted by reporting last month in The Washington Post that a pro-Trump group known as Turning Point Action was paying teenagers to post coordinated, supportive messages, a violation of Facebook’s rules.

Facebook and Twitter have been regularly removing fake accounts — both domestic and foreign — that try to insert themselves in the U.S. political discourse and influence the election. But social media companies face broader threats around misinformation and voter suppression that at times come from President Donald Trump himself.

The latest network Facebook removed became active before the 2018 midterm elections

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Is Major Cineplex Group A Good Stock To Buy?

Major Cineplex Group PCL (OTC:MCGRF) is a leading cinema operator in Thailand with 815 screens in Thailand and neighboring countries. It has a considerable contribution to the growth of Thai box office. The company has a strong growth and upside potential, according to a thesis by AsianCenturyStocks.

Assuming a full recovery in cinema attendance by 2022, the stock will trade at a 2023e PE ratio of 10.3x, offering upside of +85% if the stock were to trade at its historical average PE ratio of 19x. This multiple is well justified given the long runway of growth, limited debt, excellent management team and high return on capital, according to the thesis.

theater, theatre, stand, worker, food, counter, concession, cold, bar, retail, movie, business, snack, drink, cinema, adult, tub, cap, occupation, service, caucasian, female
theater, theatre, stand, worker, food, counter, concession, cold, bar, retail, movie, business, snack, drink, cinema, adult, tub, cap, occupation, service, caucasian, female

Tyler Olson/Shutterstock.com

At a point where European and North American box offices are struggling with their revenue statistics,

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Will New Oriental Education & Technology Group (NYSE:EDU) Multiply In Value Going Forward?

What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount of capital employed. This shows us that it’s a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. Having said that, from a first glance at New Oriental Education & Technology Group (NYSE:EDU) we aren’t jumping out of our chairs at how returns are trending, but let’s have a deeper look.

Understanding Return On Capital Employed (ROCE)

Just to clarify if you’re unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. The formula for this calculation on New Oriental Education & Technology

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