Tag Archive for: gains

Embedded Security Product Market Impressive Gains – Bloomingprairieonline

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Global Embedded Security Product Market

Market Reports recently broadcasted a new study in its database that highlights the in-depth market analysis with future prospects of Embedded Security Product market. The study covers significant data which makes the research document a handy resource for managers, industry executives and other key people get ready-to-access and self analyzed study along with graphs and tables to help understand market trends, drivers and market challenges. Some of the key players mentioned in this research are Gemalto NV (Amsterdam), Thales e-Security, Inc. (United States), Utimaco GmbH (Germany), International Business Machines Corporation (United States), FutureX (United States), Hewlett-Packard Enterprise Development LP (United States), SWIFT (Belgium), Atos SE (France), Ultra-Electronics (United Kingdom), Yubico (United States), Westone (United States), JN UNION (China), JN TASS (China), Beijing Sansec Technology (China), Micro Focus (United Kingdom)

By TypeSecure Element and Embedded SIMHardware Security ModuleTrusted Platform ModuleHardware TokensBy ApplicationMobile SecurityAutomotiveBanking, Transport, Pay-TV & IDWearablesSecurity in IoT ConnectivityOthers

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Pre-Post COVID-19 Impact on Global Embedded Security Product Market

COVID-19 is an infectious disease caused by the most recently discovered novel corona virus. Largely unknown before the outbreak began in Wuhan (China) in December 2019, COVID-19 has moved from a regional crisis to a global pandemic in just a matter of a few weeks. 

In addition, production and supply chain delays were also witnessed during the second quarter which poised a challenge to the Embedded Security Product market, since end-user industries were still not operating at their full capacity.

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What are the market’s problems in Embedded Security Product?

Changing regulatory landscapes, operational barriers, and the emergence of alternative technologies are all impacting the Embedded Security Product industry.

What are the various types of Embedded Security Product…

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How the Biden administration is making gains in an uphill battle against Russian hackers

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<span class="caption">Shortly after taking office, President Biden declared that the the U.S. would no longer roll over in the face of Russian cyberattacks.</span> <span class="attribution"><a class="link rapid-noclick-resp" href="https://newsroom.ap.org/detail/Biden/29e09be03a1948fca6c2bc88ff5d40d5/photo" rel="nofollow noopener" target="_blank" data-ylk="slk:AP Photo/Evan Vucci">AP Photo/Evan Vucci</a></span>
Shortly after taking office, President Biden declared that the the U.S. would no longer roll over in the face of Russian cyberattacks. AP Photo/Evan Vucci

On Jan. 14, 2022, the FSB, Russia’s domestic intelligence service, announced that it had broken up the notorious Russia-based REvil ransomware criminal organization. The FSB said the actions were taken in response to a request from U.S. authorities. The move marks a dramatic shift in Russia’s response to criminal cyberattacks launched against U.S. targets from within Russia, and comes at a time of heightened tensions between the two countries.

U.S. policy and actions in response to cyberattacks connected to Russia have changed distinctly since the Biden administration took office. President Joe Biden has openly confronted Russian President Vladimir Putin on his responsibility regarding international cyberattacks, and the Biden administration has taken unprecedented steps to impose costs on Russian cyber criminals and frustrate their efforts.

Upon taking office, Biden immediately faced difficult challenges from Russian intelligence operatives and criminals in headline-grabbing cyberattacks on private companies and critical infrastructure. As a scholar of Russian cyber operations, I see that the administration has made significant progress in responding to Russian cyber aggression, but I also have clear expectations about what national cyber defense can and can’t do.

Software supply chain compromise

The SolarWinds hack carried out in 2020 was a successful attack on the global software supply chain. The hackers used the access they gained to thousands of computers to spy on nine U.S. federal agencies and about 100 private-sector companies. U.S. security agencies said that a sophisticated hacking group, “likely Russian in origin,” was responsible for the intelligence-gathering effort.

On Feb. 4, 2021, Biden addressed Putin in a statement delivered at the State Department. Biden said that the days of the U.S. rolling over in the face of Russian cyberattacks and interference in U.S. elections “are over.”

Biden vowed to “not hesitate to raise the cost on Russia.” The U.S. government had not previously issued indictments or…

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Datasea (DTSS) Gains Slightly After Launching Chatbot on 5G Platform

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What’s Going On with DTSS?

Datasea Inc. (DTSS) stock was slightly up after the Chinese tech company announced its subsidiary Shuhai Zhangxun launched an automated communication app called Chatbot on the 5G message-marketing cloud platform. DTSS shares rose 0.65% to $3.12 per share on Tuesday afternoon.

What Does It Mean for Datasea?

Chatbox is powered by artificial intelligence deep learning and enables message sending and receiving, parsing and other services, based on natural language processing technology. It paves the way for “a replacement of apps when interacting with humans,” according to Datasea.

“During the development of Chatbot, our team leverages big data to create user identification tags and intelligent pattern matching, which significantly enhances customer satisfaction and improves conversation efficiency,” Zhixin Liu, CEO of Datasea, said. “We also provide private deployment, client data synchronization, customer profiling and individualized push notification services.”

Liu added Datasea hopes to continue “offering 5G value-added services and become a trusted partner who knows our clients best.”

Long-Term Technical Rank - 32

DTSS has a Long-Term Technical Rank of 32. Find out what this means to you and get the rest of the rankings on DTSS!

Datasea Inc is a development stage company engaged in the Internet security products. Its offers service and products such as Internet Security Equipment, New Media Advertising Service, Micro Marketing Service, Internet Service Provider (ISP) Connecting Service, Big Data Processing Service. Business activity of the group is functioned primarily through China.

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Next Biometrics and OneSpan forecast modest revenue growth, Nice sees bigger gains in 2021 outlook

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Next Biometrics and OneSpan forecast modest revenue growth, Nice sees bigger gains in 2021 outlook

Next Biometrics has recorded 15 design wins since the fourth quarter of 2019 and rejuvenated its PC fingerprint sensor business, according to the company’s latest business update.

The company also sees traction in the payment and fintech market through its partnerships with Ngrave, Newland and Pagaria. Roughly 60 percent of the design wins are for FAP20 fingerprint biometric scanners.

In Q4 2020, Next Biometrics reports revenues of NOK 8.8 million (approximately US$1.04 million), down 5 percent from the same quarter in the previous year, but gross margins improved from negative 2 percent to 16 percent.

The cost-cutting and efficiency program carried out by the company resulted in an OPEX reduction of 73 percent, compared to a year earlier.

EBITDA excluding options was a loss of NOK 8 million ($.95 million), significantly reduced from a loss of NOK 44.3 million ($5.27 million) in Q4 2019.

“With a successful private placement completed a week ago, we are now in a strong financial position,” states Next Biometrics CEO Peter Heuman. “We expect to continue to report new design-wins and purchase orders as we go forward. Especially we have a strong belief in the future success of our FBI certified FAP20 sensor, which will enable us to disrupt a 1.5 billion USD market.”

For the full year, Next revenue fell to NOK 58.1 million ($6.92 million) from NOK 84.4 million ($10.05 million) in 2019, and gross margin fell from 24 percent to 15 percent.

In 2021 Next expects revenue and gross margin growth, and the company is part of bids on multiple tenders and contracts in India.

Nice reports record cash flow in 2020, strong demand for biometric fraud prevention

Nice has reported revenues of $435 million in the fourth quarter and $1,648 million for full-year 2020, growth of 1 percent and 5 percent respectively on a year-over-year basis.

Operating margins for Nice were down both in the quarter and the year, and diluted EPS fell during Q4, but grew by 3 percent for the year to $2.98. Non-GAAP fully-diluted earnings per share were $5.73 for the full year, up from $5.31 the previous year.

The company experienced growth in its cloud services, which exceeded 50 percent of…

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