Tag Archive for: Investing

Warren Buffett says ‘we’re not done’ investing in Japan


OMAHA, U.S. — Warren Buffett’s Berkshire Hathaway has more investments in store for Japan, the billionaire told shareholders Saturday at the company’s first in-person annual meeting since the start of the COVID-19 pandemic.

Asked by longtime business partner Charlie Munger to explain why Berkshire bought big stakes in Japanese trading companies Mitsubishi Corp., Sumitomo Corp., Mitsui and Co., Itochu and Marubeni, Buffett said the decision was “simple.”

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Keep Your Crypto Safe! (Security tips for beginners)



Investing In Secular Trends: Hacking And Cybersecurity


Microchip processing data through computer motherboard circuit

Black_Kira/iStock via Getty Images

As our digital footprints grow at an exponential rate and become more accessible from anywhere on Earth, and on multiple platforms, it is more important than ever to protect our data. Businesses and individuals alike are becoming more vulnerable to outside and nefarious actions by those that can exploit private and sensitive information for financial gain or to cause disruptions. I believe that this activity will continue for the foreseeable future (measured in years and decades) and is likely to become more top of mind for corporate America as well as individuals.

Cybersecurity is not a new term or new concern by any means, but I believe that the prevalence of hacks and need for robust protection will be a secular trend, driven by the exponential growth in data. I characterize a secular trend as one that continues despite business cycles, political environments, interest and inflation rates, and other factors, including most exogenous shocks. Companies experiencing secular growth provide pockets of opportunity during the current period of stock market uncertainty, rising interest rates, commodity volatility driven by supply/demand imbalances, and logistical issues. Clearly, there are limits to this description. Another pandemic or world war would certainly be expected to derail most trends, cyclical or secular.

Growing Vulnerabilities And Opportunities

Economic disruptions, logistical challenges, and supply chain bottlenecks contributed to the creation of new vulnerabilities for adversaries (i.e., hackers) to exploit. The growing number of leaks and attacks in recent years supports the thesis that adversaries place a high value on data, control of assets, and collecting ransoms when possible. Attackers are increasingly avoiding the use of malware to breach systems and steal information, instead seeking legitimate administrator credentials to gain access to target assets and data. This strategy helps the adversaries avoid detection by legacy antivirus products that are ill-equipped to prevent or stop this activity. In 2021, there was a 45% increase in “interactive intrusion campaigns” according to CrowdStrike’s (CRWD) 2022 Global Threat…

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Investing in the right malware protection crucial


KUALA LUMPUR: As cyber attacks continue to surge globally, Malaysian businesses must ensure that they are accessing the right applications from their devices to keep software and devices free from threats.

There has been a 30% rise in cyber attacks globally last year amid the Covid-19 pandemic, according to a study by Forrester which was commissioned by Cisco.

The UK National fraud and cyber security centre also reported a 400% increase in cyber crime since March last year.

In Malaysia, a report from Cisco’s Future of secure remote work revealed that 62% of organisations had experienced a 25% or more jump in cyber threats or alerts since the start of the pandemic.

To strengthen the cyber security of organisations, Cisco Systems Malaysia Meraki product sales specialist Derrick Low said businesses must ensure there is secure access to applications and file servers in the office to ensure a resilient business.

He added that businesses must also ensure that their information technology systems verify the identities of employees. Productivity should be sustained as working from home becomes a norm.

A Future of Secure Remote Work study by Cisco Systems reported that 62% of organisations in Malaysia had experienced over 25% in cyber threats or alerts since the Covid-19 pandemic started. A Future of Secure Remote Work study by Cisco Systems reported that 62% of organisations in Malaysia had experienced over 25% in cyber threats or alerts since the Covid-19 pandemic started.

“More importantly, having the right tools and network foundation to adapt quickly to changing macro-environmental demands is important, ” Low explained during the Simple ways to build a secure digital workplace webinar held on May 27.

The webinar was organised by Star Media Group in partnership with Cisco.

For employees working remotely during the latest movement control order (MCO), Low advised workers to frequently change their passwords, update their devices as well as ensure that they do not access a blocked website to avoid cyber attacks.

Since the pandemic, he said the common threat for Malaysian Internet users is phishing, which leads to identity loss.

“Other types of threats, mostly harming Malaysian businesses, include malware or ransomware attacks, data extraction, lost passwords, identity theft…

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