Tag Archive for: flag

Flying the flag for defence stocks: All systems go for sector often in firing line


The launch this week of a Future of Defence fund that will put money into the armaments and cybersecurity industries comes amid confusing signals from the sector.

In the wake of Russia’s invasion of Ukraine, investing in defence stocks – until recently regarded by many as anathema – is increasingly seen as providing support to democracy.

Yet in the past few weeks the direction of share prices has not necessarily reflected the global boom in spending, sparked by the war in Ukraine, and alarm over China’s intentions towards Taiwan, its neighbour in the South China Sea.

After a long-ish era of decline, expenditure reached $2.24trillion (£1.74trillion) last year, with British businesses such as Chemring, which supplies materials and components for missile systems, reporting a surge in orders.

Nato members that have not dedicated 2 per cent of GDP to defence are promising to meet this target. The HANetf Future of Defence fund, which will have the stock market ticker ‘Nato’, will back only companies based in the countries that are members of the alliance or part of the Nato Plus group – Australia, New Zealand, Japan, Israel and South Korea.

Despite the rush to re-equip and form multi-year partnerships, shares in some major UK and US defence names fell following last month’s failed insurrection led by Yevgeny Prigozhin, the founder of the Wagner mercenary group. BAE slipped as did Qinetiq, which is behind the Banshee drone.

It seems traders viewed the brief coup as evidence of instability in Russia that could shorten hostilities in Ukraine. A cessation would reduce outlay on tanks, troops and the rest, with other consequences for defence contractors.

Ukraine has been a hugely important testing ground for these groups’ technologies, revealing where innovation and upgrades are needed.

Some investors, devoted to the cause of ESG (environment, social and governance) will be unperturbed by the post-coup share price falls.

They will continue to shun BAE, Qinetiq and other cyber-security or weaponry companies in the EQM Future of Defence index. Its constituents include Cisco, Northrop Grumman, Palo Alto and Raytheon, maker of the Patriot missile.

But Russian aggression has shifted…

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Flag march in Sambalpur, internet suspended, security tightened ahead of Hanuman Jayanti


Sambalpur: The security personnel conducted a flag march on Thursday in Odisha’s violence-hit Sambalpur city, where internet services were suspended and security tightened as the district administration geared up to organise a peaceful Hanuman Jayanti.

District collector Ananya Das, north central range IG Brijesh Ray, SP B Gangadhar along with security personnel conducted the flag march to instill confidence among the residents, who have restricted themselves indoors since Wednesday’s violence during a bike rally held ahead of the Hanuman Jayanti on Maha Bishuba Sankranti on April 14.

Ten police personnel and some civilians were injured in the clash between two communities while the bike rally was passing through a locality in the city on Wednesday.

Violence erupted on Wednesday evening when stones were allegedly thrown at the bike rally taken out to celebrate the Hanuman Jayanti.

The bike rally and a ritual Jhanda Sthapana’ are organised every year prior to Hanuman Jayanti in the western Odisha city.

During the clash, some shops and several two-wheelers were set on fire while a number of cars were damaged.

The police have arrested 26 people so far and sent them to jail on the charge of rioting, while petrol bombs and swords were recovered from the houses of some persons in the city. Most of the localities wore a deserted look on Thursday as the majority of the shops remained closed.

Fresh violence was reported from a place in Dhanupali police station jurisdiction where two people were stabbed, police said.
Das said the administration has made elaborate security arrangements for Hanuman Jayanti and more force will deployed if required.

She convened a peace committee meeting, which was attended by representatives from both communities. “All those who attended the peace committee meeting have assured to cooperate to organize a peaceful Hanuman Jayanti tomorrow,” the collector said.

Sambalpur superintendent of police, B Gangadhar said that 43 people were detained and 26 others booked so far.

The administration clamped prohibitory order under section 144 CrPC in areas under Town, Dhanupali, Khetrajpur, Ainthapali,…

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See this one-word subject line in your inbox? It’s a phishing scam red flag


Email scams often contain elaborate details to entice you into clicking a link or opening an attachment. Usually, there is some heartfelt backstory to why you must open that document or a severe threat of what will happen if you don’t.

These are relatively easy to spot as suspicious if they didn’t end up in your email spam folder. But scammers never stick to the same tactics. Malware is constantly developed to circumvent security measures.

Read on to see how a clever new phishing scheme makes it easier to spread malware.

Here’s the backstory

Emotet is a dangerous malware variant that started wreaking global havoc years ago. It was so devastating that international law enforcement agencies worked together to bring it down in early January of 2021.

It seemingly disappeared for good, only to show up again last November. The malware was once described as “the most dangerous malware botnet in existence” as it locks infected devices into a worldwide botnet system controlled by hackers.

But security researchers at Proofpoint discovered how the malware now tricks victims into opening a malicious attachment. Instead of a long-winded introduction or heartfelt plea, the latest tactic is a one-word subject line in the email.

Researchers noted that it simply read “Salary” or Payment” in most cases with an attachment in the email’s body. The one-word subject might entice people to open the email and click the link. But if you do, your device will be infected with malware.

What you can do about it

The best thing you can do to protect yourself against cyberattacks is to be aware of the tactics used by criminals. Now that you know one-word subject emails with only a link in the body are dangerous, don’t click on the link.

Here are more ways to avoid falling victim to phishing attacks and keep your devices malware-free.

  • Be on the lookout for emails with a one-word subject line. It is the signature phishing scheme of Emotet now, and you must avoid clicking the link found in the body of the email.
  • Don’t click on links and…

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