TechNave Business Bytes Week 4 April 2024: Samsung's TV dominance, rising cyber threats, Malaysia's green tech advancements and more

This week's TechNave Business Bytes for Week 4 of April 2024 covers advancements and challenges across various sectors in Southeast Asia. Samsung continues to dominate the TV market with its premium QLED and OLED technologies. Innovation is a key theme, with OPPO ranking high in patent filings and ZTE showcasing its 5G applications in smart manufacturing. Cybersecurity concerns are rising, as Kaspersky reports a surge in ransomware attacks.

OPPO is focused on transforming the latest technical innovations into practical, consumer-centric applications, such as the introduction of over one hundred AI-driven features on the latest OPPO Find X7 series. OPPO is driving the company’s efforts to build an intellectual property ecosystem based on key technological breakthroughs in high-value areas such as 5G/6G, AI, flash charge, and imaging.

High-profile incidents include attacks on a bank in Indonesia, a public health insurer in the Philippines, and a public train transportation system in Malaysia. Kaspersky recommends businesses to invest in effective cybersecurity technologies and provides decryption tools and guidelines through the No More Ransom initiative to assist ransomware victims. Kaspersky's free decryption tools have helped nearly 2 million victims globally.

Illuminate Financial recognizes climate risk as a crucial metric for investors, particularly in real estate. Despite real estate's significant contribution to GHG emissions, its decarbonization is challenging due to complex value chain emissions and diverse asset uses. Accacia's platform integrates with existing systems to automate real-time data capturing, positioning it as a quick and affordable solution for real estate companies aiming for net zero.

Southeast Asia accounted for over half of global ransomware incidents, with Thailand contributing significantly. Malaysia experienced a 69% decrease in ransomware detections and declines in other threats, except for a slight increase in malware detections. Trend Micro advises network defenders to collaborate with trusted security vendors, prioritize SOC efficiency, apply software updates, and implement comprehensive security protocols to mitigate evolving threats.

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