Day: December 12, 2023

Industry-First ASPM Solution Will Enable AppSec Leaders to Reduce Risk, Improve Developer Productivity and Provide Security Transparency with C-Suite Stakeholders

BOSTON, Dec. 12, 2023 (GLOBE NEWSWIRE) — Snyk, the leader in developer security, today released Snyk AppRisk, a solution designed to empower application security (AppSec) teams with the comprehensive Application Security Posture Management (ASPM) workbench they need to govern and scale their security programs, as well as minimize risk arising from applications. Snyk AppRisk is the industry’s first ASPM solution that creates seamless collaboration between developer and security teams to address cybersecurity challenges, while also delivering C-Suite stakeholders visibility into software supply chain risk posture and their overall AppSec program performance.

Building on nearly a decade of Snyk’s experience working with enterprise customers to implement and scale effective developer security programs, a mission accelerated by the recent acquisition of Enso Security as well as the organic innovation of Insights, Snyk is now able to offer an unrivaled ASPM solution. Snyk AppRisk delivers automated application asset discovery, tailored security controls and risk-based prioritization to ensure developer and security teams are collaborating on risk via an advanced evidence graph linking development workflows to the apps deployed in the cloud.

Snyk’s 2023 Customer Value study identified “developer productivity” as a top three priority when searching for security solutions, validating how increasingly important developer productivity is for security leaders to consider, especially as AI code generation tools continue to multiply. Snyk AppRisk enables developers to maximize their time by being in lockstep with their security counterparts to ensure they focus on the remediation efforts that will have the largest risk reduction impact on the business. As a result, developer and security teams can together define appropriate guardrails to prevent security issues throughout the full software development lifecycle (SDLC) as well as measure the overall effectiveness of their developer security program.

“Global security leaders are hungry for more insight into their overall risk posture, while DevSecOps practitioners want to elevate their business influence to mature their developer security initiatives further,” said Katie Norton, Senior Research Analyst, IDC. “Solutions that provide business critical insights into an organization’s entire application landscape, such as Snyk’s new ASPM solution, can aid in bridging this gap by helping AppSec leaders evolve from gatekeepers to guides.”

“With the recent explosion of generative AI innovation, the speed of software development has reached new heights, while, at the same time, software supply chains are increasingly more complex as evidenced by the lingering effects of the Log4j vulnerability two years later. The need for developer and security teams to share application visibility, risk context and intelligent policy guardrails is critical to delivering innovation with trust.” said Manoj Nair, Chief Product Officer, Snyk. “Snyk AppRisk will serve as a crucial linchpin for development and security teams to more effectively collaborate, fortifying their overall risk posture without sacrificing their speed to market.”

Snyk AppRisk complements the breadth and depth of the Snyk Developer Security Platform and is designed to deliver a holistic, developer-first ASPM workbench, equipping and empowering global DevSecOps teams to:

• Automate application asset discovery: continually discovering application assets and classifying them by business context, ensuring security is fully in sync with developers;
• Create tailored security controls: defining and managing appropriate security and compliance requirements, while verifying applications have the correct controls in place; and,
• Leverage risk-based prioritization: blending application context with best-in-class security and fix analysis to quantify risk and create an evidence graph, ensuring developer remediation efforts are focused on the issues that pose the biggest risk to the business.

Snyk AppRisk will prove critical for security teams as they tackle new vulnerable code components, thanks to a policy-driven approach – quickly identifying which assets are affected and prioritizing developer remediation efforts to significantly cut down on breach impact. The Log4j vulnerability disclosure, almost exactly two years ago, proved to be a watershed moment for the industry as developer, security and operations teams worldwide raced against the clock to find and fix their vulnerable assets. Snyk AppRisk would have significantly streamlined this stressful and time consuming remediation process, ultimately sparing many global enterprises time and money.

To this end, over 60% of Snyk customers view being able to track the severity of open source vulnerabilities, and the time to fix, as a key metric in DevSecOps success today. In addition, as AI agents further push the pace of application development, security leaders have become increasingly concerned about new risks being introduced into their code at this accelerated pace. Snyk AppRisk ensures the correct security controls are in place in order for global development teams to safely adopt and trust these AI tools.

“Building applications both quickly and securely is non-negotiable for us in order to pursue our own vision of transforming today’s patient journey,” said Julien Dewitte, Senior Security Engineer, Komodo Health. “Snyk’s unique, developer-based approach to ASPM will help us to gain an even better understanding of our software footprint, allowing us to more confidently deliver on our mission to reduce the global burden of disease.”

To learn more about Snyk’s unique, comprehensive approach to ASPM and book a Snyk AppRisk demo, visit here.

About Snyk
Snyk is the leader in developer security. We empower the world’s developers to build secure applications and equip security teams to meet the demands of the digital world. Our developer-first approach ensures organizations can secure all of the critical components of their applications from code to cloud, leading to increased developer productivity, revenue growth, customer satisfaction, cost savings and an overall improved security posture. Snyk’s Developer Security Platform automatically integrates with a developer’s workflow and is purpose-built for security teams to collaborate with their development teams. Snyk is used by 2,500+ customers worldwide today, including industry leaders such as Asurion, Google, Intuit, MongoDB, New Relic, Revolut and Salesforce.

Contact:
Cara Foley
cara.foley@snyk.io

GlobeNewswire Distribution ID 8993183

Ambarella’s Full Software Stack for Autonomous and Semi-Autonomous Driving

Optimized for Ambarella’s CV3-AD central AI domain controller family, this neural network processing-based, AD stack eliminates the need for HD map inputs, and accelerates OEM vehicle development for L2+ and higher autonomy.

• Neural network processing-based stack for perception, sensor fusion and path planning
• Chip family and stack co-developed for superior AI performance per watt
• Accelerates OEM development; offers scalability for L2+ and higher autonomy levels
• Realtime HD map generation from perception and SD maps eliminates need for stored HD maps

SANTA CLARA, Calif., Dec. 12, 2023 (GLOBE NEWSWIRE) — Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced its autonomous driving (AD) software stack, which is primarily based on deep learning AI processing for all of its modular components, including environmental perception, sensor fusion and vehicle path planning. This leading-edge AD stack and Ambarella’s CV3-AD AI domain controller system-on-chip (SoC) family were designed in conjunction, so the stack runs optimally on the SoC’s CVflow^® AI engines, minimizing power consumption and the processing load for its on-chip Arm cores. Likewise, these SoCs provide optimal processing for vision and radar sensing and fusion, based on the company’s deep knowledge and experience with these sensing modalities. Additionally, Ambarella’s stack provides a flexible implementation model, enabling automotive OEMs to leverage any or all of its modules in combination with their own software intellectual property.

View a short video about this AD software stack and see it operating in one of Ambarella’s fully autonomous R&D vehicles: https://youtu.be/xhZfGCwU-GY

“This software stack draws on our more than 25 years of experience, building on the heritage of our VisLab Automotive R&D Team, whose AD stack has steadily evolved to take advantage of our latest AI SoCs,” said Fermi Wang, President and CEO of Ambarella. “Today, we are realizing the vision of our VisLab acquisition in 2015, which, in combination with our algorithm-first philosophy for designing purpose-built SoCs, has culminated in this platform that will enable automakers to deliver on the promise of autonomous driving.”

One hallmark of Ambarella’s AI-based based software stack is its deep-learning based planner. This dynamic vehicle path planning module enables a natural driving experience. That functionality resulted from the company’s experience and investments over many years in its evolving R&D vehicle fleet, which enabled the “deep planner” module to be trained with data from a wide variety of real-world scenarios.

The latest members of this R&D vehicle fleet include a sensing suite that consists of mono and stereo cameras, as well as Ambarella’s Oculii 4D imaging radar; and all of the processing is being done by the CV3-AD. While Ambarella’s many years of AD and sensor-processing experience led to this optimal configuration, its solutions are flexible to support OEMs’ specific sensing suites (including the option for adding LiDAR).

Another key feature of Ambarella’s software stack is that it only requires readily available, standard-definition (SD) maps; eliminating the need for pre-generated high-definition (HD) maps. Instead, the stack (running on the CV3-AD), generates HD maps in real time using live environmental data from the vehicle’s sensing suite. In contrast, the pre-generated HD maps used by other AD systems are brittle and expensive to maintain, requiring centimeter-level localization capability. They are also unreliable under dynamic conditions such as road construction or accidents. Additionally, Ambarella’s real-time HD map generation is ideal for handling difficult AD scenarios, such as downtown areas in large cities with roundabouts, narrow roads with parked vehicles, heavy traffic, construction, and a high density of pedestrians, cyclists and other vulnerable road users.

Ambarella’s modular AD software and hardware solutions provide OEMs with a scalable platform that enables them to select the CV3-AD family member with the right mix of performance and features for each model in their fleets, opening the door for autonomous features in mass-market vehicles. This includes a broad range of autonomous and semi-autonomous vehicle implementations, from fully featured L2+ systems through to higher levels of autonomy.

The CV3-AD SoCs run Ambarella’s entire AD stack with industry-leading power consumption, providing superior AI performance per watt and simplifying thermal management. In the growing electric vehicle (EV) market, that processing efficiency is particularly important in order to increase battery range. Additionally, because this software and hardware were designed to work optimally together—with the stack using just a small fraction of the CV3-AD’s Arm processing power—automakers have plenty of headroom for integrating additional software to create differentiated features, including those for functional safety.

In addition to its optimized AD software and hardware solutions, Ambarella provides automotive OEMs with a complete tool chain—both in-house and from ecosystem partners. This includes tailored tools for data collection (in conjunction with the CV3-AD’s on-chip encoder), simulation and annotation. Development is streamlined via accelerated software-in-the-loop (SIL) simulations using CV3-AD PCIe server cards, while Ambarella also provides a fully automated 3D annotation pipeline to support AI training.

The new Ambarella AD software stack will be demonstrated via fully autonomous test drives at Ambarella’s invitation-only exhibition during CES in Las Vegas. For more information or to schedule a ride, please contact your Ambarella representative or visit www.ambarella.com.

About Ambarella
Ambarella’s products are used in a wide variety of human vision and edge AI applications, including video security, advanced driver assistance systems (ADAS), electronic mirror, drive recorder, driver/cabin monitoring, autonomous driving and robotics applications. Ambarella’s low-power systems-on-chip (SoCs) offer high-resolution video compression, advanced image and radar processing, and powerful deep neural network processing to enable intelligent perception, fusion and planning. For more information, please visit www.ambarella.com.

Ambarella Contacts

• Media contact: Eric Lawson, elawson@ambarella.com, +1 480-276-9572
• Investor contact: Louis Gerhardy, lgerhardy@ambarella.com, +1 408-636-2310
• Sales contact: https://www.ambarella.com/contact-us/

All brand names, product names, or trademarks belong to their respective holders. Ambarella reserves the right to alter product and service offerings, specifications, and pricing at any time without notice. © 2023 Ambarella. All rights reserved.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f442f69b-be9f-497d-b2dd-3e838733624e

GlobeNewswire Distribution ID 8993323

LONDON, Dec. 12, 2023 (GLOBE NEWSWIRE) — Sucden Financial, the multi-asset execution, clearing, and liquidity provider, and Nasdaq (Nasdaq: NDAQ) today announced that they have agreed to extend their risk technology partnership, which will further enhance Sucden Financial’s ability to monitor, manage, and mitigate market and liquidity risk globally.

Sucden Financial uses the Nasdaq Risk Platform across proprietary and client trading portfolios, using the live view of risk, detailed analytics, and live derivative pricing to support real-time decision-making.

This agreement will integrate several additional safeguards and controls into the system whilst expanding the platform’s coverage across new exchanges in Europe, North America, and Asia to meet the growing needs of Sucden Financial’s clients.

“We prioritise effective risk management across our operations. We are happy to extend our partnership with Nasdaq and continue enhancing the platform, which helps manage our market and liquidity risks across multiple asset classes in real-time,” said Mike Coomber, Chief Risk Officer at Sucden Financial.

“We welcome the opportunity to deepen our partnership with Sucden Financial, who are operating at the forefront of the industry,” said Malcolm Warne, Head of Product for the Nasdaq Risk Platform. “In an ever more volatile environment, the ability to calculate risk in real-time serves as a great competitive advantage, unlocking overnight liquidity, improving capital efficiency, and reducing the financial burden of legacy risk systems. By offering a fully managed service our clients can focus on business expansion and risk management, rather than operating risk infrastructure.”

Nasdaq’s Marketplace Technology business serves as one of the world’s largest market infrastructure technology providers, providing multi-asset solutions to more than 130 marketplaces, CCPs, CSDs and regulators in over 50 countries. It offers reliable and scalable technology across the trade lifecycle, helping organisations to drive efficiency, transparency, and liquidity with unparalleled resiliency.

The company’s risk technology is widely used across the bank and broker-dealer community, with new functionality delivered to all clients every three weeks. Built in the cloud and deployed via SaaS, the Nasdaq Risk Platform has the ability to scale rapidly, helping clients navigate periods of extreme market volatility when it is most needed.

About Sucden Financial

With a history and heritage in commodity futures and options trading, Sucden Financial has evolved and diversified to become a leading global multi-asset execution, clearing and liquidity provider across FX, fixed income, and commodities. Sucden Financial has a proven track record of 50 years in financial markets. Since its foundation in 1973, it has been supported by its parent, Sucden, one of the world’s leading soft commodity trading groups, while remaining fully independent in its day-to-day trading operations. Sucden Financial Limited is authorised and regulated by the Financial Conduct Authority.

sucdenfinancial.com

About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn, on Twitter @Nasdaq, or at www.nasdaq.com.

Sucden Financial Media Contacts
Robert Cantle/Rosetta Smith
press@sucfin.com
+44 (0)203 207 5280

Nasdaq Media Contact
Andrew Hughes
+44 (0)7443 100896
Andrew.Hughes@nasdaq.com

-NDAQG-

GlobeNewswire Distribution ID 8993383

ATP Service+ Unlocks Deep Data to Support Global Growth and Fan Engagement

LONDON AND ST. GALLEN, Switzerland, Dec. 12, 2023 (GLOBE NEWSWIRE) — Sportradar (NASDAQ: SRAD) and Tennis Data Innovations (TDI), a specialist joint venture vehicle of ATP and ATP Media, have entered into a multi-year agreement providing the sports technology company with global data and streaming rights for betting, and media data rights, for all ATP Tour and ATP Challenger Tour events. The partnership will focus on driving commercial growth for the sport and enhancing fan engagement opportunities for the downstream market through the development of new betting and media products.

Commencing in December 2023, Sportradar’s ATP Service+ purpose-built suite of solutions offers new and dynamic ways for fans and bettors to engage with tennis via next-generation, value-add products and services which utilize previously unavailable deep data. ATP Service+ features include augmented streaming, transforming live streams with immersive 3D animations, expanded in-play betting markets, short-form video highlights for registered users and an extensive range of personalized and targeted betting products, to drive sportsbook performance for Sportradar’s global network of operator clients.

Sportradar will also work with TDI to create products for media, showcasing more in-depth statistical analysis and insights to inform and entertain fans, as well as utilize Sportradar’s OTT solution to stream live match coverage of the ATP Challenger Tour, via ATP’s Challenger TV. Additionally, the creation of a joint Tennis Innovation Lab will address emerging opportunities to support ATP’s vision to establish tennis as the most technologically advanced sport in the world.

Sportradar will supply Integrity Services for all ATP Tour and ATP Challenger Tour events to safeguard competitions against the threat of betting-related match fixing and corruption, including monitoring and addressing integrity threats and risks through due diligence and investigation support.

David Lampitt, TDI CEO, said: “This is a landmark opportunity to realise our growth ambitions and deliver on our commitment to take the fan experience to the next level. In partnership with Sportradar, we will develop and integrate advanced technologies to provide fans with a more immersive and entertaining experience.

“The partnership will be a catalyst for innovation to create unique growth opportunities across new global markets. Our aim is not only to deliver great enhancements for our existing fans but also attract a generation of new fans to the game.”

Carsten Koerl, Sportradar CEO, said: “As the leading sports technology company, we are ideally positioned to deliver against ATP’s ambitious growth plans. This truly collaborative partnership will result, through the application of technologies, such as computer vision and AI, in the creation of engaging products and services as part of our ATP Service+ offering. This will allow us to effectively monetize the relationship, while delivering new ways for bettors and fans to experience the sport of tennis.”

About Sportradar
Sportradar Group AG (NASDAQ: SRAD), founded in 2001, is a leading global sports technology company creating immersive experiences for sports fans and bettors. Positioned at the intersection of the sports, media and betting industries, the company provides sports federations, news media, consumer platforms and sports betting operators with a best-in-class range of solutions to help grow their business. As the trusted partner of organizations like the NBA, NHL, MLB, NASCAR, UEFA, FIFA and Bundesliga, Sportradar covers close to a million events annually across all major sports. With deep industry relationships and expertise, Sportradar is not just redefining the sports fan experience, it also safeguards sports through its Integrity Services division and advocacy for an integrity-driven environment for all involved.

For more information about Sportradar, please visit www.sportradar.com

About ATP
As a global governing body of men’s professional tennis, the ATP’s mission is to serve tennis. We entertain a billion global fans, showcase the world’s greatest players at the most prestigious tournaments, and inspire the next generation of fans and players. From the United Cup in Australia, to Europe, the Americas and Asia, the stars of the game battle for titles and Pepperstone ATP Rankings points at ATP Masters 1000, 500 and 250 events, and Grand Slams. All roads lead towards the Nitto ATP Finals, the prestigious season finale held in Turin, Italy. Featuring only the world’s top 8 qualified singles players and doubles teams, the tournament also sees the official crowning of the year-end ATP World No. 1, presented by Pepperstone, the ultimate achievement in tennis. For more information, please visit www.ATPTour.com.

About TDI
Established in 2020 as a joint venture by ATP and ATP Media, TDI serves as a specialist vehicle for the central management and exploitation of tennis data across a variety of markets, both betting and non-betting as well as streaming for betting purposes. TDI is an independent and fully integrated data-focused entity that oversees the innovation, development, marketing and distribution of ATP-related data assets.

About ATP Media
As the media arm of the ATP Tour, ATP Media was formed in 2001 as Tennis Properties Limited; providing the centralised exploitation of media rights across the ATP Tour, host broadcast production for the Nitto ATP Finals, ATP Masters 1000s and international feed production for the Next Gen ATP Finals, ATP 500s and the ATP 250s. ATP Media has unrivalled access and expertise in the full-service broadcast production of men’s professional tennis with an end to end solution for global broadcasters incorporating: rights sales, multi-platform production, a global fibre distribution network and a market leading digital archive. ATP Media also represents certain data assets of the ATP Masters 1000s and is a founding Shareholder of Tennis Data Innovations, the joint venture with the ATP Tour for the central management of ATP tennis data rights. For more information, please visit www.atpmedia.tv.

Sportradar Contacts
Media:
Sandra Lee
press@sportradar.com

Investor Relations:
Jim Bombassei
Christin Armacost
Investor.relations@sportradar.com

ATP contact:
Simon Higson
Communications@atptour.com

GlobeNewswire Distribution ID 8992888

New York, Dec. 12, 2023 (GLOBE NEWSWIRE) —  ShentuChain is proud to announce the launch of OpenBounty, an innovative platform designed to revolutionize bug bounty programs and fortify security within the Web3 ecosystem.

OpenBounty emerges in response to the inherent risks and vulnerabilities prevalent in the Web3 industry. With the rapid growth and evolution of blockchain technologies, the need for effective security infrastructure has never been more critical. OpenBounty addresses this need by providing a decentralized platform that connects Web3 protocols with skilled white hat hackers, ensuring the security of projects while rewarding ethical hacking efforts.

OpenBounty sets a new benchmark in the Web3 industry with its unparalleled commitment to transparency and efficiency. Underpinning this all, OpenBounty’s utilization of ShentuChain ensures permanent and tamper-proof records of project vulnerabilities and bug reports. Publishing all findings and bounty program details on-chain brings unmatched transparency. This approach, coupled with the upcoming introduction of on-chain payments for bounty payouts, streamlines the reward process, ensuring timely, efficient, and verifiable compensation for security experts.

At the core of OpenBounty’s approach is the development of a Decentralized Autonomous Organization (DAO) for white hat hackers, directly tackling the challenges they face in the bug bounty market. OpenBounty’s tailored dashboards for Web3 clients and white hats simplify bounty management and collaboration, while ShentuChain’s commitment to establishing industry standards and fostering a diverse ecosystem amplifies the platform’s impact, driving both economic and network effects in the Web3 space.

With OpenBounty, ShentuChain reinforces its position as a leader in blockchain security, marking the latest evolution in its commitment to safeguarding the future of Web3.

About ShentuChain (https://www.shentu.technology)

ShentuChain, founded in 2019, initially began as a division of CertiK, a leading security company in the Web3 industry. In 2020, CertiK made the strategic decision to spin off ShentuChain as an independent entity. Since this separation, ShentuChain has continued to operate autonomously.

ShentuChain is committed to advancing security and trust in decentralized technologies. With a focus on innovation and collaboration, ShentuChain seeks to empower developers, enterprises, and users with tools and platforms that set new benchmarks in security and efficiency. Envisioning a more secure decentralized future, ShentuChain dedicates itself to pioneering solutions that build trust and enhance innovation in the Web3 space.

Hari Govindarajan
PR & Comms Specialist, Luna PR
hari@lunapr.io

GlobeNewswire Distribution ID 1000903744

His Excellency Khalid Al-Mudaifer, Vice-Minister for Mining Affairs, Ministry of Industry and Mineral Resources at the Future Minerals Forum press conference

RIYADH, Saudi Arabia, Dec. 11, 2023 (GLOBE NEWSWIRE) — At a press conference today, the Ministry of Industry and Mineral Resources (MIM) announced details of the third edition of the Future Minerals Forum (FMF), to be held in Riyadh 9^th-11^th January at the King Abdulaziz International Conference Center.

Speaking at the conference, H.E. the Vice Minister for Mining Affairs, Khalid Al-Mudaifer, looked forward to further achievements delivered by the Ministerial Roundtable and FMF 2024. In previous editions, both platforms have seen participation from ministers and a leading group of international speakers to address issues and turn talk into action.

The Vice Minister discussed the unique role of the FMF in hosting the only Ministerial Roundtable of its kind in the industry. He said: “We have succeeded in making this meeting a strategic and influential platform led by governments, providing a voice for many countries and official organizations.”

Over 70 countries will be represented by government ministers and high-ranking officials at the Ministerial Roundtable on January 9. For the first time, a Geological Survey Leaders meeting will be held concurrently with the Roundtable, allowing institutions to discuss key mineral issues in the Super Region.

Following the Roundtable, 250 key speakers will participate in 75 sessions over the two-day Forum. Some 90% of them are CEOs of some of the largest companies in the sector.

“We created the FMF to support delivery of the energy transition and create responsible, resilient minerals value chains in the Super Region of Africa, Western and Central Asia. Last week we attended COP and delivered a simple message: without minerals there cannot be an energy transition,” Al-Mudaifer added.

The conference noted the Kingdom’s leadership in supplying the world with energy, and its current substantial role in supporting the development of resilient value chains to deliver clean energy solutions. The Kingdom has the potential to become an international hub for the production and processing of green minerals. This is supported by the Manara Minerals Company, which invests in mining assets globally to help achieve flexibility in global supply chains and accelerate the pace of the energy transition.

For a full list of speakers and more information about FMF 2024 please visit https://www.futuremineralsforum.com/conference-speakers/.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/029ac455-d922-4185-bdb6-7b83fa717128

Media Contact:
Omar Shereen
E: Omar.shereen@fleishman.com
M: +966 50 663 0489

GlobeNewswire Distribution ID 1000903779