Quorum Cyber - with offices in Edinburgh, UK, and Tampa, Florida – has acquired Difenda, a Canadian-based, full-stack Microsoft Security Managed Services company. The announcement underscores Quorum Cyber's global momentum and strengthens its position as a leader of Microsoft Security services. 

Endor Labs, the open source software security solutions provider, has released The 2024 Dependency Management Report, which consolidates extensive original and third-party research into the current state of security in the software dependency lifecycle that represents the foundation for all application development.

Small and medium-sized businesses (SMBs) in the UK are facing significant challenges in today’s digital landscape, with misinformation, fake reviews and inadequate search and engagement tools putting them at a serious disadvantage compared to larger competitors.

Thoughtworks, the global technology consultancy that integrates strategy, design and engineering to drive digital innovation, has started a strategic partnership with UK-based cybersecurity startup Advanced Cyber Defence Systems (ACDS) by providing Thoughtworks DAMO AI-powered application managed services.

Some industries are more vulnerable to cyber threats hence facing a high risk of experiencing data breaches or other types of cyber attacks in the future.

Red Canary, the managed detection and response (MDR) provider, has released a new report, Security Operations Trends Report, providing insight into critical challenges facing modern cybersecurity teams. Partnering with independent research company Coleman Parkes, Red Canary surveyed 700 security leaders from the US, UK, New Zealand, Australia and Nordics. 

Infinigate Group, the technology platform and trusted advisor in cybersecurity, cloud and network infrastructure, has expanded its partnership with CYREBRO, an AI-native Managed Detection and Response (MDR) solution, bringing state-level SOC services to MSPs and MSSPs across Europe, through the Infinigate Cloud marketplace.

44% of CISOs surveyed reported they were unable to detect a data breach over the past 12 months using existing security tools, according to Gigamon. 70% of CISOs stated their existing security tools are not as effective as they could be when detecting breaches due to limited visibility.

Graylog has unveiled significant security advancements to drive smarter, faster and more cost-efficient security operations. The company’s latest capabilities include advanced data routing, asset-based risk scoring and AI-generated investigation reports.

By Arun Rasika Karunakaran, Retail Product Manager & Consultant,Tata Consultancy Services.

Over the last decade, the number of online sales has skyrocketed. The most recent statistics show that 19.4% of normal retail sales around the world were made online. That has led to some retailers thinking that it might be time to shift most of their focus to e-retail and their online storefronts.

TrueCommerce, provider of supply chain and trading partner connectivity, integration and omnichannel solutions, has been selected by Costa Coffee, The European coffee chain, to spearhead their global EDI expansion.

New data from Demica, the fintech, reveals that the paper packaging sector in key markets across Europe and North America is showing signs of stabilisation.

Forter, the Trust Platform for digital commerce, has released findings from its 2024 Consumer Trust Premium Report, which explores the evolving relationship between consumer shopping habits and brand trust, based on 2,000 survey respondents in the US and UK.

It has recently emerged that consumer habits amongst Gen Z are changing, with many now turning to social media for retail therapy. Weighing in on this growing phenomenon of social media shopping, Nick Drewe, founder of the online discount platform Wethrift, offers his insights:

Descartes Systems Group has released findings from its 2024 Home Delivery Sustainability Report: The Environmentally Conscious Consumer Under Pressure survey, which examined online consumer sentiment of retailers’ sustainability practices around their delivery operations.

A silent crisis of ‘serial returns’ is eroding retail profit margins as uncovered in the Annual Returns Benchmark Report 2024* conducted by returns specialist ZigZag, in partnership with Retail Economics, accounting for 1 in 10 (11% of) online shoppers that make returns, are generating a quarter (24%) of all online non-food returns.

MandM, the online retailer specialising in discounted fashion, sports and outdoor brands, has launched the first of a series of live shopping events on Facebook and Instagram in collaboration with Sprii.

Linnworks, provider of inventory, order and warehouse management solutions for ecommerce retailers, has announced its new integration with Loop, a post-purchase platform designed to optimise returns, exchanges and reverse logistics.

By Jeremy Light, freelance writer.

Businesses are constantly searching for innovative methods to lower costs, increase productivity, and satisfy the ever-increasing demands of their clients in today's fast changing e-commerce environment.

Sinch, the company developing the way the world communicates through its Customer Communications Cloud, has released its predictions for the 2024 Black Friday and Cyber Monday (BF/CM) shopping season.

While discounts and sales events have long been associated with holiday shopping, new data from e-commerce provider Visualsoft reveals that consumers are motivated by more than just deep discounts when it comes to their seasonal and gifting purchases.

Ilgar Hajiyev, a developer of Accord Smart residential complex, accused of numerous crimes, including real estate scam, is facing another criminal case in Russia. Defrauded homebuyers are collecting signatures for a petition in their defense. These people, who paid their money for apartments in the Moscow region, Odintsovo сity district, but never received keys to their new homes, demand Hajiyev should be delivered to Russia to stand trial for fraud. Only 4 apartment buildings out of 12 that should have been commissioned in 2020 are built - with many violations. "Numerous violations were committed during the construction: façades are falling off, walls and decoration of public areas are crumbling, cardboard doors are already broken," the petition reads. The billion worth scam Hajiyev fled overseas with investors' money in January 2019. It was not only clients, but also business partners, whom Hajiyev scammed, including creditors of SDI Group. Apart from Accord Smart housing complex, subsidiaries of SDI Group were also developers of the Pirogovskaya Riviera residential complex in Mytishchi, the Moscow Region. The complex is being finished by another developer. Hajiyev started building the Pirogovskaya Riviera complex together with businessman Isai Zakharyaev, who later left the project, but never received money for his share. The head of SDI Group owes more than one billion rubles to the former partner. Another one billion Hajiyev siphoned off from the project developer Comfort Invest.

With the continuous and rapid evolution of the technological era, digital currencies are gaining popularity daily. They have been gaining traction from the past half-decade. Despite the fluctuations in bitcoin and other cryptocurrencies' value, more and more people start seeing cryptocurrency as a profitable investment. For instance, if we talk about Bitcoin, one of the most popular types of cryptocurrency, it has taken over the digital currency market. If we further discuss its fame, you'll see that it is being used in some of the biggest business names around the globe, including Microsoft, Overstock, and AT&T, now accept it as a method of payment. Here, you might be thinking, why do people use cryptocurrency and cryptocurrency wallets? What are their pros and cons? Is it worth investing in cryptocurrency wallets in 2020? If you have such questions, get them answered here. But first, let us tell you about the MOST USEFUL cryptocurrency wallets. A lot of wallets are designed solely for the storage of cryptocurrencies. At a time when there was a peak in online currency exchanges and thefts, there was a need to create a wallet that will provide ultimate protection. OWNR Wallet is one of the safest bitcoin wallets to buy crypto in 2020. It helps people in keeping their digital money safe from external threats. Along with security, OWNR Wallet offers a variety of useful features for both holders and traders.

Startups are a lot like infants. They come into the world vulnerable and needy. And it's your job, as the founder, to protect your new business much like a parent would with a helpless baby. Businesses face numerous risks from the start. And in many regards, it's your ability to protect your fledgling business during these early days that makes or breaks your chances of long-term success. In light of this, here are a few practical tips you may find valuable in your pursuit of growth and stability: Form the Right Legal Entity One of the first steps every business owner should take is to form the correct legal entity. This legal entity will provide tax advantages as well as certain asset protections. The most common types of legal entities include:

The US will expand sanctions against the Nord Stream 2 gas pipeline project. The sanctions will now affect companies that provide services or funding to install equipment on board the vessels that take part in the project. Such a move may permanently halt the construction of the pipeline. The news to expand the sanctions was reported on the website of the US Department of State. Similar restrictions are to be imposed on the participants of the Turkish Stream and other similar projects.The Nord Stream-2 gas pipeline provides for the construction of two sections of the gas pipeline system with a total capacity of 55 billion cubic meters of gas per year from the coast of Russia to Germany along the bottom of the Baltic Sea. Originally, the construction of the pipeline system was supposed to be completed in 2019. However, the work on the project was suspended after US Congress passed a package of sanctions against the participants of the project. The USA remains opposed to the project, claiming that it makes Europe overly dependent on Russian natural gas and increases political pressure on Ukraine, which transits natural gas further to Europe. Kiev and several countries of the European Union share the same position. "Russia uses its energy export pipelines to create national and regional dependencies on Russian energy supplies, leveraging these dependencies to expand its political, economic, and military influence, weaken European security, and undermine U.S. national security and foreign policy interests. These pipelines also reduce European energy diversification, and hence weaken European energy security," the US State Department said in a statement. Russia, Germany, Austria and a number of other countries, whose companies are involved in the construction, insist that this is nothing but a business project.In late 2019, the United States imposed sanctions on Nord Stream-2, having demanded the companies involved in the construction should immediately stop their works on the project. Allseas, a Swiss company, pulled out of the project almost at once.Representatives of Russia's natural gas monopoly, Gazprom, stated that they would be able to complete the construction of Nord Stream-2 independently. For the time being, one needs to finish the construction of the section that is 100 kilometres long. On October 17, German Foreign Minister Heiko Maas said in an interview with RND that the project would be completed.

Bankruptcy isn't a topic that anyone likes to discuss. Creditors, debtors, and government officials all get a little queasy at the thought of bankruptcy, but it exists for a reason. And in many situations, it can provide relief when financial friction is heightened. But bankruptcy isn't the same in every country. Laws, rules, and stigmas differ rather significantly - particularly between Russia and the United States. The what and why of bankruptcy Bankruptcy is one of the primary methods by which control over an asset can be transferred to more capable or efficient owners in the instance of market economies. Ultimately, bankruptcy serves three distinct purposes: To solve collective action problems among creditors as they deal with insolvent debtors. To give individual debtors a chance at a "fresh start" when they're overburdened by debt. To preserve/save the financial distress firms have by reorganizing rather than liquidating. Bankruptcy is basically government-sanctioned relief that allows individuals or businesses to have debts forgiven, granted they meet specific criteria and follow certain guidelines. It plays an important role in keeping the larger economic engine hitting on all cylinders. Without bankruptcy, millions of citizens would find themselves impoverished and unable to financially recover from dire situations.

The runaway owner of TogliattiAzot, Sergei Makhlai, is once again in the spotlight of Russian media. This time their interest was aroused, apparently, by the media publications sponsored by Makhlai. Recently several Russian media have suggested that the chemical giant TogliattiAzot needs a change of ownership, since the current main owners of the plant, headed by Sergei Makhlai, have ruined the enterprise and criminalized it drastically. This seriously scared Makhlai, who attempted to justify himself and lay the blame on the others.

How do famous film directors and athletes become baits for pyramid schemes? How are such prominent figures as Anatoly Karpov, Nikita Mikhalkov and other renowned personalities in Russia involved with the scammers from Anchor-Invest? Scarcely ever it is possible to catch and put into jail big-time operators of financial pyramids how it happened with Mavrodi, the famous "financier of Russia". Apart from Mavrodi, a variety of pyramids existed and continue to operate in Russia that have the same backbone; to take your money.

On Monday, September 20, during a trading day on the Hong Kong stock exchange, the shares of Chinese developer Sinic collapsed by 87 percent. Experts point out that the shares collapsed due to the "domino effect", which was caused by the crisis of China's another developer giant, Evergrande. In 2020, Evergrande owner Hui Ka Yan was among the top three Chinese wealthy men. Today, however, the development company that he owns has found itself on the verge of default. Evergrande's debts are overwhelming and reach an astronomical amount of $302 billion. How did Hui Ka Yan lead his development empire to such a deep crisis? Evergrande is due to pay its investors $83 million on September 23rd. S&P Global believes that the Chinese government refuses to bail out the debt-stricken company. However, Hui Ka Yan is full of optimism. He assured his employees that his company will extricate from the crisis, although he did not specify how.

It's difficult to highlight any positives of the recent pandemic. However, if one exists in the business world, it's the virtual infrastructure that was built on the fly to allow companies to make the shift away from traditional brick and mortar operations. If you've been on the fence about a permanent shift in the virtual direction, this is your time to shine. The benefits of going virtual

Many foreign companies, including oil and gas enterprises, are leaving the Russian market due to high risks associated with the sanctions war between Russia and the West. In addition, it will be too difficult for them to withdraw their income from Russia abroad, economist Marcel Salikhov believes. At the same time, oilfield service companies that used to work in Russia back during the days of the USSR, will stay in the country, he added, lenta.ru reports. It is up to company administrations to decide whether they want to leave the Russian market or not. The sanctions that were imposed on Russia following the military operation in Ukraine do not limit their participation in the Russian economy. Russia's response to Western sanctions may in one way or another affect the position of foreign companies in the country, especially with regard to strategic sectors of the economy. In addition, Putin banned foreign companies from withdrawing their funds abroad to parent companies. All this combined has tarnished the assets.

Russia's refusal to pay $50 billion to former Yukos shareholders will lead to new investigations.On March 31, the Moscow City Court will consider an appeal, which was filed against the ruling to pay $35 million to former Yukos shareholder Alexey Golubovich by his ex-wife Olga Mirimskaya. Allegedly, she received the money for the sale of Yukos shares 15 years ago, and her ex-husband asked for his share as part of the divorce proceedings that have been ongoing for the last ten years. These are unusual demands as Mirimskaya has never owned shares in the oil company. In addition, Golubovich was not only its shareholder, but also served as the director for strategic planning and corporate finance at OAO NK Yukos and was aware of all information related to the financial dealings of the oil giant. A journalistic investigation conducted by Pravda.Ru showed that Alexey Golubovich likely still works in close collaboration with other ex-owners of Yukos. Alexey Golubovich, a former shareholder of Yukos oil company, and Olga Mirimskaya, the chairwoman of the Board of Directors of BKF Bank, divorced in 2012, but the litigation over the division of their marital property continues to this day. Olga Mirimskaya is the founder of the Russian Product Company. She is also President of BKF Bank. Mirimskaya is charged with giving a bribe — two vehicles worth a total of 3.25 million rubles — to Yury Nosov, an investigator at the Moscow Region Department of the Investigative Committee in 2017. He handled the case, in which she appeared as a victim in connection with the kidnapping of her daughter. Nosov and Mirimskaya were arrested in the bribery case. They plead not guilty, claiming that the case has been initiated under false pretences with malicious intent. "According to the defendant, the case was initiated by Alexey Golubovich, as well as by her former common-law partner Nikolai Smirnov, a co-owner of the Golden Crown payment system, as an act of revenge for the return of her daughter, in order to seize her property," Mirimskaya's lawyer Alexander Chernov said.

Continued. Read Part I of the article here. Alexey Golubovich, Yukos's former director for strategic planning and corporate finance was one of the main witnesses in the case against Yukos. How can one determine the basis of his testimony? Was it a wish to help the Russian justice system or the subtle game of a "double agent"? In order to understand this, one may need to recall a few facts from his business biography. In the first part of our investigation, we talked about Alexey Golubovich's business projects and lawsuits in 2010–2022, in which one could see both the shadows of his former Yukos colleagues (for example, Mikhail Khodorkovsky, Yuri Beilin) ​and the non-systemic opposition.

The losses that American, European and Japanese companies have suffered after they left the Russian market are evaluated at tens of billions of dollars, RIA Novosti reports. Since the beginning of the special operation in Ukraine to the present, foreign companies have lost a total of $70 billion. Companies of the fuel and energy complex have suffered the biggest losses. Many companies in this sector have deconsolidated and devalued Russian assets by ceasing to report the results of their activities in the country, they have not completely stopped working in Russia. For example, the UK-based BP, having made a number of statements about its decision to withdraw from Russian projects, was forced to retain shares in local assets. According to Putin's decree from August 5, shareholders from unfriendly countries will no longer be able to make transactions with shares in companies of strategic significane, fuel and energy companies and banks without the consent of the state. In its report for the first quarter of 2022, BP depreciated Russian assets in the amount of $25.5 billion, but it did not take practical steps to exit the projects.

Retail theft in the U.S. is reaching critical levels, costing businesses around $100 billion annually. While shoplifting and various forms of employee theft are rising, a particularly challenging issue is "sweethearting."

Check Point Research (CPR) has released a report revealing that ransomware remains the top cyber threat. RansomHub has quickly emerged as the fastest-growing group, operating through Ransomware-as-a-Service (RaaS).

With Halloween coinciding with school half-term and the religious festival of Diwali this year, UK shoppers embraced spooky season, delivering a boost to in-store shopper traffic, the latest data from Sensormaic Solutions, the leading retail traffic consulting and analytics group from Johnson Controls, shows.

Shipster, a custom shipping integration platform, and Futura Retail Solutions, an advanced retail and warehouse management software, have announced a strategic partnership to target growing omni-channel retail markets.

By Marc Malafronte, director of sales, VIPRE Security Group.

As cyberattacks increase in frequency and sophistication, businesses must prioritize cybersecurity as a critical investment area. Managed service providers (MSPs) are crucial in supporting organizations on their cybersecurity journey.

By Aviram Ganor, General Manager EMEA, Riskified.

Retailers have plenty to keep them awake at night, whether it’s enticing consumers to shop,  utdoing their competition or – most worrying of all – how to ensure their long-term survival in a rocky economy. Yet the latest insight from the British Retail Consortium offers some hope.

By Jo Bradley, Business Development Manager at Sparck Technologies.

Companies can be schizophrenic about packaging and its costs. On the one hand, product packaging is closely scrutinised – a battleground between buyers seeking to drive costs down and marketers looking for ever greater impact and ‘shelf appeal’.

In recognition of Cyber Security Awareness Month, Uswitch Broadband experts set out to explore how well people are protecting themselves online. The survey uncovered common mistakes that leave people vulnerable to cyber risks, along with actionable tips on how to safeguard personal information.

Online retailers saw a significant increase in online Halloween sales, bolstered by the event (31 Oct) falling during school half-term as well as coinciding with Diwali, according to data from Wunderkind, the AI-driven performance marketing solution.

By Kumar Abhishek,Pixelo Digital.

As retailers gear up for the annual Black Friday rush this month, Supply Chain Managers, Production Planners and Inventory Managers face unique challenges in preparing for one of the busiest shopping days of the year.

72% of FTSE 100 companies list threats to their supply chains amongst their principal risks, shows new research by supply chain management consultancy INVERTO, part of Boston Consulting Group.

The 2024 festive period could be a tricky one for retailers as shoppers hunt down the best deals amidst an ongoing cost of living crisis and focus the majority of their bargain hunting on the Black Friday weekend.

By Georgia Leybourne, Chief Marketing Officer, Linnworks.

Success in ecommerce and retail today hinges on consumer convenience. It is fast becoming a powerful tool in the e-commerce industry, transforming the way businesses engage with their customers and increasing sales through social commerce.

With the holiday season fast approaching, retail payroll teams around the world are bracing for the strain of seasonal hiring. The influx of workers means added payroll runs, and yet too few are turning to technology to ease the pressure.

By Umar Butt, CEO of UK and Europe at Aramex.

The pre-loved market is taking the fashion industry by storm. Reminiscent of the continued popularity of charity shops, thrift stores or vintage boutiques, the appetite for second hand clothes has been a constant for centuries, however in recent years a paradigm shift has moved this growing market into the mainstream.

Supply chain agility critical to success in biggest retail golden quarter for years. Chris Clowes, executive director at global supply chain and logistics consultancy, SCALA, discusses how the agility of supply chain and logistics operations will be critical for businesses looking to make the most of this year’s golden quarter...