Author: News Direct

  • NowSecure Achieves SOC 2 Type 2 Security Certification for 4th Consecutive Year

    –News Direct–

    NowSecure, the recognized experts in mobile security and privacy, announced today that it has completed its latest annual SOC 2 Type 2 security audit the industry benchmark for independent auditing of security controls for software vendors. This certification covers the NowSecure Platform for automated mobile app security testing. For the fourth consecutive year, NowSecure remains the only enterprise-grade mobile application security testing (MAST) provider with a SOC 2 certified cloud platform.

    The SOC program is governed by the American Institute of Certified Public Accountants (AICPA), the national organization governing auditors with the CPA credential. Considered by the industry as the gold standard for data security, the program provides standards for meeting specific Trust Services Criteria (Security, Availability, Processing Integrity, Confidentiality or Privacy) and the procedures for auditors to review and report on the effectiveness of an organizations controls in meeting these criteria. By achieving SOC 2 Type 2, NowSecure has demonstrated its ongoing dedication and adherence to the highest security standards to ensure its employees, solutions and customers are compliant, safe and secure.

    "We have always ensured our platform's security, but achieving this certification by a third-party auditor further validates that we are doing all the right things to protect our customers," said Alan Snyder, NowSecure CEO. Our customers are under increasing pressure to prove that they have the proper security controls in place, so it makes sense that they place their trust in NowSecure as the industrys only SOC 2 validated vendor.

    Purpose-built to mitigate the mobile app threat landscape, NowSecure Platform provides a battery of 600+ automated tests using static, dynamic, interactive and API security for testing first party mobile apps in the DevSecOps pipeline and for vetting commercial 3rd party mobile app supply chain risk. Mobile app developers, QA, and security teams utilize NowSecure Platform to uncover security flaws, privacy issues, compliance gaps and app store blockers at scale. NowSecure Platform identifies issues fast and helps developers fix them fast through embedded remediation including evidence, fix recommendations, code examples and links to Android and iOS documentation. NowSecure is committed to implementing strict internal security policies and procedures to safeguard customer data and protect the NowSecure Platform from threats to confidentiality, integrity and availability.

    Learn more about the new NowSecure SOC 2 certification in our latest blog post by Ted Eull, VP of Privacy and Risk, and fill out this form to request the full report.

    About NowSecure:

    As the recognized experts in mobile security and privacy, NowSecure protects the global mobile app economy and safeguards the data of millions of mobile app users. Built on a foundation of standards, NowSecure empowers the worlds most demanding organizations with security automation to release and monetize 30% faster, reduce testing and delivery costs by 30% and reduce appsec risk by 40%. Only NowSecure offers an award winning full solution suite of continuous security testing for DevSecOps, mobile app supply-chain monitoring, expert mobile pen testing as a Service (PTaaS) and training courseware. NowSecure actively contributes and supports the mobile security open-source community, standards and certification including OWASP MASVS, ADA MASA, NIAP and is recognized by IDC, Gartner, Deloitte Fast 500, Cyber Defense Magazine and TAG Cyber.

    Contact Details

    Hannah LaCorte

    +1 202-240-7611

    press@nowsecure.com

    Company Website

    https://www.nowsecure.com/

    View source version on newsdirect.com: https://newsdirect.com/news/nowsecure-achieves-soc-2-type-2-security-certification-for-4th-consecutive-year-792943115

    NowSecure

    comtex tracking

    COMTEX_435771036/2655/2023-06-21T13:00:01

  • Lions International Honors Chef Jos Andrs and World Central Kitchen with Humanitarian Award

    –News Direct–

    Wire Release Image
    Wire Release Image

    Photo credit to World Central Kitchen/WCK.org.

    For his dedication to humanitarian service and world hunger relief, Chef Jos Andrs, Michelin star culinary artist and founder of the World Central Kitchen nonprofit organization, will be presented with the 2023 Lions Humanitarian Award during the 105th Lions Clubs International Convention on July 10, 2023. World Central Kitchen CEO Erin Gore will accept the award on Chef Andrs behalf.

    Cooking from the heart is an Andrs family tradition. The ambitious creative began his culinary journey alongside his parents at their home kitchen in Spain before the chef started formal training at one of the worlds most notable restaurants, Ferran Adris El Bulli.

    Chef Andrs immigrated to the United States in 1991 and has continued to change the world through the power of food at his dozens of award-winning restaurants and international humanitarian organization, World Central Kitchen, a nonprofit organization that provides fresh meals in response to crises around the world.

    The Lions Humanitarian Award is the association's highest honor, given to an individual or an organization with exemplary humanitarian efforts. This award comes with a Lions Clubs International Foundation grant for up to US$250,000 to a charitable organization for continuing humanitarian activities. Chef Andrs joins a distinguished list of prior recipients, including Mother Teresa, former U.S. President Jimmy Carter and Nobel Peace Prize winner Dr. Denis Mukwege.

    "We are truly honored to present this award to Chef Jos Andrs, whose work is changing lives and making a profound impact on the world," said Lions International President Brian Sheehan. "As Lions, we strive to ensure all communities have access to nutritious food. Not only is Chef Andrs a highly respected mover and shaker in the culinary field, he is also a man of action in humanitarian efforts and truly shows the world that food can help us rebuild after even the most unthinkable challenges.

    Chef Andrs founded World Central Kitchen in 2010 to fill not only stomachs but hearts and minds, too. The nonprofit organization is often first to the frontlines, providing fresh meals in response to crises while working to build resilient food systems with locally-led solutions. To date, World Central Kitchen has served more than 300 million nourishing meals around the world.

    Learn more about the Lions Humanitarian Award and see our list of winners at https://www.lionsclubs.org/humanitarian-winners.

    About Lions International

    Lions International is the largest service club organization in the world. More than 1.4 million members in over 49,000 clubs are serving in 200 countries and geographic areas around the globe. Since 1917, Lions have strengthened local communities through hands-on service and humanitarian projects, and we extend our service impact through the generous support of our Lions Clubs International Foundation. We are focused on supporting vision, the environment, childhood cancer, hunger, diabetes and other pressing humanitarian needs to help address some of the biggest challenges facing humanity. For more information about Lions International, visit lionsclubs.org.

    Shauna Schuda Primary: 630-468-7075
    Public Relations Dept. Manager
    Shauna.Schuda@LionsClubs.org

    View source version on newsdirect.com: https://newsdirect.com/news/lions-international-honors-chef-jose-andres-and-world-central-kitchen-with-humanitarian-award-133009323

    Lions International

    comtex tracking

    COMTEX_435771042/2655/2023-06-21T13:00:03

  • MTB Metals begins field work at Telegraph copper-gold project with drilling up next

    –News Direct–

    MTB Minerals CEO Lawrence Roulston joined Steve Darling from Proactive to share the company has started field work at the Telegraph porphyry copper-gold project in the Golden Triangle of British Columbia.

    The first phase of this program will be aimed at more precisely defining the targets for an initial drill plan.

    Roulston telling Proactive data from this program and work done last year will help narrow down key targets on this 310 sq km property. The company does have primary drill targets with other targets ready for an initial drill test. The field work is expected to last until the beginning of drilling in August, with the drilling expected to last well into the fall.

    Contact Details

    Proactive Investors

    +1 604-688-8158

    na-editorial@proactiveinvestors.com

    View source version on newsdirect.com: https://newsdirect.com/news/mtb-metals-begins-field-work-at-telegraph-copper-gold-project-with-drilling-up-next-387737896

    MTB Metals

    comtex tracking

    COMTEX_435768325/2655/2023-06-21T11:48:14

  • Struct Finance Launches Customizable Interest Rate Products, Enabling DeFi Users to Earn Predictable Returns

    –News Direct–

    Struct Finance, a DeFi platform that enables investors to engage with tailored structured financial products linked to digital assets, today announced the mainnet launch of its innovative Interest Rate Vaults and unique tranching mechanism. Amid the highly volatile crypto industry, users can now invest in products tailored to their risk-return preferences, providing predictable and diversified returns.

    Structured financial products are innovative investment instruments that are derived from and linked to underlying on-chain or real-world assets. They utilize a variety of credit/risk, liquidity, and maturity transformation techniques to achieve specific investment objectives. Offering risk-return dynamics that deviate from the underlying assets, these investment products appeal to a broad array of investors. On Struct Finance, different tokens, tokenized derivatives, vaults, pools, and protocols interface in a permissionless manner to craft new products, tailored according to the investor's risk appetite.

    Traditional financial products aren't permissionless to use or create. In fact, they are largely inaccessible to most people. We are making these structured financial products accessible and easy to understand for everyone. Our mission at Struct is to bring the power of such products to investors with all risk appetites, from the risk-averse newcomer to the seasoned crypto native. That's why we are launching Interest Rate Vaults as the first in our line-up of tailored financial products, said Miguel Depaz, one of the Co-founders of Struct Finance.

    The new Interest Rate Products allow anyone to split and repackage the risk of any yield-bearing DeFi assets in different parts to fit their risk profile through an innovative process called tranching. Every Interest Rate Product is a single vault split into two portions, or tranches that have different return configurations:

    1. A Fixed-return Tranche for conservative investors looking for consistent returns
    2. A Variable-return Tranche for investors with a higher risk appetite seeking superior returns

    The yield from the underlying asset flows into the fixed tranche first to ensure predictable returns. The remainder is then allocated to the variable tranche, which gets enhanced exposure to the underlying yield-bearing asset. Compared to the fixed tranche, the variable tranche might accrue more yield, less yield, or no yield. Interest Rate Products allow conservative investors looking for fixed yield to get protection from risk-on investors looking for higher yield.

    The unique tranching system allows users to select from Fixed or Variable Tranches according to their risk appetite. Tranching essentially enables institutional liquidity and crypto degens to provide liquidity for each other. For secure operations, Struct has set an initial limit per tranche, with a commitment to gradually raising these caps over time.

    Struct Finance will also launch the Struct Factory – a capability not offered by any of its competitors – to let investors craft their own structured financial products on-chain according to their unique needs. Notably, these custom products will not only serve the creators but will also be available for others to utilize, fostering a more inclusive and adaptable financial environment. This innovative feature will allow you to design your own Interest Rate Product using assets like USDC, BTC.b, AVAX, or WETH. Struct Finance provides backtesting support to assist you during the product creation process.

    The lack of fixed-yield returns in crypto has been a deterrent to entry of both larger institutions and smaller players with more conservative risk appetites. Considering the Struct Factory allows permissionless tranching of liquidity pools, fixed rate returns may become commonplace enough to tame the wild and volatile returns of Web3. Once unlocked, fixed rate returns have the power to pave the way for institutional liquidity to safely step into the DeFi without compromising the core tenets of decentralization.

    Struct Finance is integrating with GMX and leveraging GMX's Liquidity Provider Token (GLP) to generate predictable yields in the form of Fixed and Variable Returns for its users. GMX is a pioneering decentralized exchange known for its innovative features and capabilities, including the GLP token. This token represents a significant breakthrough in the industry and is currently a central part of GMX's trading system.

    By utilizing GLP, Struct Finance provides users with a fixed and variable yield while simultaneously offering liquidity to GMX through the GLP token. This integration enables Struct Finance to optimize returns for its users while supporting the liquidity needs of the GMX platform.

    About Struct Finance

    Struct Finance is at the forefront of the DeFi revolution, with a vision to transform the design and utility of financial products. It empowers users to design their own financial instruments, harnessing the power of tokenized, yield-bearing positions to unlock a world of diverse investment opportunities. Moreover, its cutting-edge financial products adopt a tranche-based system, smartly distributing yield between different investor classes. This balanced approach guarantees a steady yield for risk-averse investors while also offering the prospect of heightened returns to the more adventurous. Initially available on Avalanche, Struct Finance plans to go multichain in the near future.

    For more information, visit: Website | Twitter | Discord | Telegram

    Contact Details

    Miguel Depaz

    media@struct.fi

    View source version on newsdirect.com: https://newsdirect.com/news/struct-finance-launches-customizable-interest-rate-products-enabling-defi-users-to-earn-predictable-returns-317756273

    Chainwire

    comtex tracking

    COMTEX_435768757/2655/2023-06-21T12:00:41