Latest news with #threatDetection
Zawya
4 days ago
- Business
- Zawya
Kuwait oil sector's impenetrable cybersecurity system keeps perils at bay
KUWAIT -- With concrete steps and a lucid vision, Kuwait's oil sector has succeeded in assembling a rigid cybersecurity system that acts as a shield for the national economy, helping to stifle any potential threats that could potentially emerge. This intricate cybersecurity system is routinely updated to ensure that it meets international standards, with a key method being effective penetration testing to ensure that the system is well prepared to deal with potential hackers, while the use of Artificial Intelligence tools can be instrumental in detecting incoming threats. In addition to the use of cutting-edge technology and the investment in such tools in a bid to enhance protection, the regular training of oil sector personnel is another effective strategy, allowing them the chance to get acquainted with the latest breakthroughs in cybersecurity research, all of which constitute preemptive measures. Kuwait Petroleum Corporation (KPC), alongside its affiliates, is home to multiple cybersecurity centers that aim to enhance protection and put in place proper defense systems that are well-equipped to deal with any cyber threats and hacking attempts. To shed more light on the matter, KUNA interviewed a bevy of experts and specialists in Kuwait's oil sector, all of whom agreed on the sheer importance of an effective cybersecurity system to deal with threats that seemingly lurk around every corner, which include malicious software developed by cybersecurity criminals. Presenting a comprehensive vision about the significance of cybersecurity in Kuwait's oil sector, Ali Al-Qallaf, Kuwait National Petroleum Company's (KNPC) cybersecurity operations chief, said that the matter entails multiple aspects, primarily, the reliance on digital platforms in day-to-day operations. On KNPC'S cybersecurity system, he cited critical components including infrastructure, operational and security systems, in addition to user data and digital services, all of which combine as a unit to form a system that can safeguard properties against various hazards, chief among them the rising cyber attacks. With malicious intentions, these efforts aim to steal, disable or destroy data and applications, often through unauthorized access to networks and computer systems, he explained, saying the state-run oil company constantly monitors the risk of these incidents and the detrimental effects they could have. As part of efforts to ensure maximum protection, KNPC has introduced a raft of measures that include the constant updating of cybersecurity systems to ensure that these programs fall in line with international standards, while emerging technologies such as AI tools have proven to be useful protection methods, he said. The aforementioned measures are in addition to training courses KNPC routinely organizes to keep its workforce adequately informed on the importance of cybersecurity, he added, underlining the revolving nature of the matter especially in light of new technologies that have become imperative to deal with existential and future threats that target outdated and ill-equipped systems. Offering his input on the matter, the head of Kuwait Oil Company's (KOC) cybersecurity team Mohammad Al-Safi said that cybersecurity attacks have grown in frequency over the past few years, where in some severe cases the applications and systems being targeted have been completely wiped out, he said. He went on to say that the oil sector forms an integral component of the national economy, therefore, it has become necessary to ensure that the oil industry is well protected against cyber attacks to keep intact the continuity of operations that are critical to the development and prosperity of the national economy, he said. He expected further integration in the Kuwaiti oil sector's cybersecurity in future by using security safeguards and sophisticated technology and promoting cooperation between oil companies and state bodies in a bid to provide a safer environment. For his part, Abdullah Al-Khateeb, chief cybersecurity officer at Kuwait Foreign Petroleum Exploration Company (KUFPEC) underlined the significant role of integration between companies and state bodies with a view to sharing information and expertise regarding new threats and attacks. He said that the package of cybersecurity support solutions and strategies in the oil sector embraces promoting security governance through carefully developed policies, upgrading systems by replacing old software, revamping infrastructure and training personnel. He added that they also include employing artificial intelligence (AI), machine learning for early detection, bolstering internet of things (IoT) security at oil facilities, and developing integrated cyber defense systems involving big data analytics and advanced encryption. The Kuwaiti government attaches paramount significance to cybersecurity, particularly in the oil and gas sector, given that it is a strategic element of safeguarding the sectorآ's assets by ensuring close integration between state-of-the-art technology and sophisticated security strategies, and continued staff training. All KUNA right are reserved © 2022. Provided by SyndiGate Media Inc. (
Globe and Mail
7 days ago
- Business
- Globe and Mail
Eagle Vision Security Launches New Security Solutions That Monitors Outdoor Assets with State-of-the Art Technology, Teamed with Live Agents
Mississauga, Ontario--(Newsfile Corp. - June 15, 2025) - Eagle Vision Security, the North American leader in remote video monitoring services, is now offering security solutions for properties of all types with outdoor assets such as: truck yards, construction sites, auto dealerships, plazas, multi-residential properties, commercial properties, warehouses, and more. To view an enhanced version of this graphic, please visit: As demand for security keeps rising, Eagle Vision Security employs a pro-active approach where the live, interactive two-way remote monitoring is accompanied by advanced video analytics for the highest level of protection using cutting-edge technology, whose uniqueness enables an interactive response to threats in real time. Your assets and property is under the watchful eye of the most technologically advanced security equipment teamed with live agents. "Our commitment to providing the most technologically advanced security monitoring solutions is at the core of our operations," said Parm Deol Founder of Eagle Vision Security. "With our dedicated team of live agents constantly observing your property, we are able to take immediate action when it matters most. Our security solutions are not only designed to protect your assets but also significantly improve threat detection and police response times." To view an enhanced version of this graphic, please visit: Eagle Vision Security's differentiating factor is a full suite of technology driven security products tailored to each site. Aside from CCTV hardware, a full suite of access control products is also manufactured in-house: Barrier Arm Gates, Sliding Gates, and Tire Shredders solutions. Eagle Vision Security is the North American leader in providing Truck Yard Security solutions. Under strict operating protocols, our systems are designed to prevent cargo theft and damage to property. Thereby generating large insurance savings and improving CVOR scores for our clients. To view an enhanced version of this graphic, please visit: For cross-border carriers, the Truck Yard Security solution implemented by Eagle Vision Security fully meets, and exceeds the rigorous requirements of the Customs Border Protection (CBP) in order for carriers to comply with the C.T.P.A.T (Customs-Trade Partnership Against Terrorism) certification. Eagle Vision Security's system identifies, authorizes, and logs personnel entering and exiting customers facility by using live-verification. Only when a positive identification match has been made between the person visiting the facility and the ID presented (using facial recognition technology) are access gates opened or closed. Only those on a pre-authorized list are granted access. Thus, an exhaustive approach increases security and affirms peace of mind for fleet owners and property management personnel alike. To view an enhanced version of this graphic, please visit: Eagle Vision Security prides itself on the success of its clients, and with their state-of-the-art research and development, they continue to provide products & services that go way above the client's expectations, for any industry. For more information about the groundbreaking security solutions and how they can benefit your property, please visit Eagle Vision Security or contact us at +1 416-800-0706. About Eagle Vision Security Eagle Vision Security was founded by Parm Deol. He currently serves as the President & Chief Visionary Officer. With initial service offerings in the Greater Toronto Area (GTA), Eagle Vision Security has now, under the leadership of Parm Deol, expanded its footprint right across Canada and into the United States of America. The organization is over 300 team members strong and growing on a weekly basis. Through the integration of modern technology- teamed with live agents, Eagle Vision Security protects Billions of dollars of goods right across North America. Media Details
Yahoo
7 days ago
- Business
- Yahoo
Eagle Vision Security Launches New Security Solutions That Monitors Outdoor Assets with State-of-the Art Technology, Teamed with Live Agents
Mississauga, Ontario--(Newsfile Corp. - June 15, 2025) - Eagle Vision Security, the North American leader in remote video monitoring services, is now offering security solutions for properties of all types with outdoor assets such as: truck yards, construction sites, auto dealerships, plazas, multi-residential properties, commercial properties, warehouses, and more. To view an enhanced version of this graphic, please visit: As demand for security keeps rising, Eagle Vision Security employs a pro-active approach where the live, interactive two-way remote monitoring is accompanied by advanced video analytics for the highest level of protection using cutting-edge technology, whose uniqueness enables an interactive response to threats in real time. Your assets and property is under the watchful eye of the most technologically advanced security equipment teamed with live agents. "Our commitment to providing the most technologically advanced security monitoring solutions is at the core of our operations," said Parm Deol Founder of Eagle Vision Security. "With our dedicated team of live agents constantly observing your property, we are able to take immediate action when it matters most. Our security solutions are not only designed to protect your assets but also significantly improve threat detection and police response times." To view an enhanced version of this graphic, please visit: Eagle Vision Security's differentiating factor is a full suite of technology driven security products tailored to each site. Aside from CCTV hardware, a full suite of access control products is also manufactured in-house: Barrier Arm Gates, Sliding Gates, and Tire Shredders solutions. Eagle Vision Security is the North American leader in providing Truck Yard Security solutions. Under strict operating protocols, our systems are designed to prevent cargo theft and damage to property. Thereby generating large insurance savings and improving CVOR scores for our clients. To view an enhanced version of this graphic, please visit: For cross-border carriers, the Truck Yard Security solution implemented by Eagle Vision Security fully meets, and exceeds the rigorous requirements of the Customs Border Protection (CBP) in order for carriers to comply with the C.T.P.A.T (Customs-Trade Partnership Against Terrorism) certification. Eagle Vision Security's system identifies, authorizes, and logs personnel entering and exiting customers facility by using live-verification. Only when a positive identification match has been made between the person visiting the facility and the ID presented (using facial recognition technology) are access gates opened or closed. Only those on a pre-authorized list are granted access. Thus, an exhaustive approach increases security and affirms peace of mind for fleet owners and property management personnel alike. To view an enhanced version of this graphic, please visit: Eagle Vision Security prides itself on the success of its clients, and with their state-of-the-art research and development, they continue to provide products & services that go way above the client's expectations, for any industry. For more information about the groundbreaking security solutions and how they can benefit your property, please visit Eagle Vision Security or contact us at +1 416-800-0706. About Eagle Vision Security Eagle Vision Security was founded by Parm Deol. He currently serves as the President & Chief Visionary Officer. With initial service offerings in the Greater Toronto Area (GTA), Eagle Vision Security has now, under the leadership of Parm Deol, expanded its footprint right across Canada and into the United States of America. The organization is over 300 team members strong and growing on a weekly basis. Through the integration of modern technology- teamed with live agents, Eagle Vision Security protects Billions of dollars of goods right across North America. Media Details Contact Person Name: Parm DeolContact Email: info@ & Country: Mississauga, Ontario - Canada To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
12-06-2025
- Business
- Globe and Mail
Xtract One Technologies Inc. Announces $7 Million 'Bought Deal' Public Offering
NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES BASE SHELF PROSPECTUS IS ACCESSIBLE AND PROSPECTUS SUPPLEMENT WILL BE ACCESSIBLE ON SEDAR+ WITHIN TWO BUSINESS DAYS TORONTO, June 11, 2025 (GLOBE NEWSWIRE) -- June 11, 2025 – Xtract One Technologies Inc. (TSX: XTRA) (OTCQX: XTRAF) (FRA: 0PL), a leading technology-driven threat detection and security solution that prioritizes the patron access experience by leveraging AI, (the " Company" or " Xtract One") is pleased to announce that it has entered into an agreement with Ventum Capital Markets (the " Underwriter") pursuant to which the Underwriter has agreed to purchase 18,000,000 units (the" Offered Securities") from the treasury of the Company, at a price of $0.39 per Unit (the ' Issue Price ') and offer them to the public by way of prospectus supplement for total gross proceeds of $7,020,000 (the " Offering"). Each Unit will consist of one common share of the Company (each a ' Common Share ') and one common share purchase warrant (each full warrant, a ' Warrant ' and collectively the ' Warrants '). The Company has granted the Underwriter an option to purchase up to an additional 15% of the Offered Securities at the Issue Price. The Over-Allotment Option may be exercised in whole or in part to purchase Offered Securities as determined by the Underwriter upon written notice to the Company at any time up to 30 days following the Closing Date (the ' Over-Allotment Option '). The Company intends to use the net proceeds of the Offering for working capital and general corporate purposes. The Offered Securities will be offered (i) by way of a prospectus supplement to the base shelf prospectus of the Company dated February 6, 2024 (the ' Base Shelf Prospectus ') to be filed in all provinces and territories of Canada, except Quebec (the ' Prospectus Supplement '); (ii) may be distributed in the United States to Qualified Institutional Buyers (as defined in Rule 144A under the United States Securities Act of 1933, as amended (the ' U.S. Securities Act ')) pursuant to an exemption under Rule 144A; and (iii) may be distributed outside Canada and the United States on a basis which does not require the qualification or registration of any of the Company's securities under domestic or foreign securities laws. This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. The Offering is expected to close on or about June 18, 2025, or such other date as the Company and the Underwriter may agree, and is subject to customary closing conditions, including the approval of the securities regulatory authorities and the Toronto Stock Exchange. Access to the Prospectus Supplement, the Base Shelf Prospectus and any amendments thereto are provided in Canada in accordance with securities legislation relating to procedures for providing access to a shelf prospectus supplement, a base shelf prospectus supplement and any amendment to such documents. The Base Shelf Prospectus is, and the Prospectus Supplement will be (within two business days from the date hereof), accessible through SEDAR+ at An electronic or paper copy of the Prospectus Supplement, the Base Shelf Prospectus and any amendment thereto may be obtained, without charge, from Ventum Financial Corp., or email at ecm@ by providing the contact with an email address or address, as applicable. About Xtract One Xtract One Technologies is a leading technology-driven provider of threat detection and security solutions leveraging AI to deliver seamless and secure experiences. The Company makes unobtrusive weapons and threat detection systems that are designed to assist facility operators in prioritizing- and delivering improved 'Walk-right-In' experiences while enhancing safety. Xtract One's innovative portfolio of AI-powered Gateway solutions excels at allowing facilities to discreetly screen and identify weapons and other threats at points of entry and exit without disrupting the flow of traffic. With solutions built to serve the unique market needs for schools, hospitals, arenas, stadiums, manufacturing, distribution, and other customers, Xtract One is recognized as a market leader delivering the highest security in combination with the best individual experience. For more information, visit or connect on Facebook, X, and LinkedIn. About Threat Detection Systems Xtract One solutions, when properly configured, deployed, and utilized, are designed to help enhance safety and reduce threats. Given the wide range of potential threats in today's world, no threat detection system is 100% effective. Xtract One solutions should be utilized as one element in a multilayered approach to physical security. For further information, please contact: Xtract One Inquiries: info@ Media Contact: Kristen Aikey, JMG Public Relations, 212-206-1645, kristen@ Investor Relations: Chris Witty, Darrow Associates, 646-438-9385, cwitty@ Forward-Looking Information This news release contains forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including, without limitation, statements regarding the anticipated completion of the Offering, intended use of proceeds from the Offering, future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, are 'forward-looking statements'. Forward-looking statements can be identified by the use of words such as 'plans', 'expects' or 'does not expect', 'is expected', 'estimates', 'intends', 'anticipates' or 'does not anticipate', 'believes', or variations of such words and phrases or statements that certain actions, events or results 'may', 'could', 'would', 'might' or 'will' be taken, occur or be achieved. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, events or developments to be materially different from any future results, events or developments expressed or implied by such forward looking statements. Such risks and uncertainties include, among others, the Company's limited operating history and lack of historical profits; risks related to the Company's business and financial position; fluctuations in the market price of the Company's Common Shares; that the Company may not be able to accurately predict its rate of growth and profitability; the failure of the Company and/or the Underwriter to satisfy closing conditions to the Offering; whether the Over-Allotment Option will be exercised; the failure of the Company to satisfy certain TSX additional listing requirements in respect of the Offered Securities; the failure of the Company to use any of the proceeds received from the Offering in a manner consistent with current expectations; reliance on management; the Company's requirements for additional financing, and the effect of capital market conditions and other factors on capital availability; competition, including from more established or better financed competitors; and the need to secure and maintain corporate alliances and partnerships, including with research and development institutions, clients and suppliers. These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. Although the Company has attempted to identify important risk factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other risk factors that cause actions, events or results to differ from those anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in forward-looking statements. The Company has no intention to update any forward-looking statement, even if new information becomes available as a result of future events, new information or for any other reason, except as required by law.
National Post
28-05-2025
- Business
- National Post
Kelly McParland: Scorning Trump's Golden Dome would be a mistake
Article content It was entirely sensible, then, for the prime minister to carefully avoid greeting Trump's Golden Dome with the sort of derision Liberals have been quick to dish out to previous renditions of spaced-based defence proposals. Projects mooted under presidents Ronald Reagan and George W. Bush were rejected at least partly from Liberal fears of being associated with Republican leaders unpopular with progressives. Article content Dislike of U.S. presidents is fair enough, and this one in particular, but shouldn't be used to reject proposals that might actually be in Canada's interest. There is nothing absurd about a system that detects approaching threats so that they can be met before arrival, any more now than when Britain erected the first ground-based radar system against approaching German aircraft at the outbreak of World War Two. Article content The Trump version, predictably, goes far beyond anything tried elsewhere and is accompanied by the usual outpouring of flamboyant verbosity. Israel's Iron Dome protects just a fraction of the territory the U.S. is considering, while the notion of turning space into just another arena for warfare is a new and frightening step for a planet that already dances too often with means of self-destruction. That defence firm Lockheed Martin calls Trump's dream 'a Manhattan Project-scale mission' is hardly reassuring given the horrors that atomic weaponry unleashed. Article content Article content Deploring the reality of threats from Russia, China, North Korea or others does nothing to remove them, however. Canada can either let our defence capability continue to wither, hoping potential dangers never materialize or that the U.S. will save us, or we play what part we can in making clear to potential adversaries the futility of any act of aggression. Article content The far north is Canada's most vulnerable region. Joint warning systems already exist under Norad, the North American Aerospace Defence Command. Ottawa has pledged $38.6 billion to upgrading and modernizing Canada's part in the network. In March, Carney announced a joint project with Australia for the development of Over-the-Horizon Radar technology, to 'provide advanced early warning and long-range surveillance, enabling faster CAF detection and tracking of a wide range of threats in our Northern air and maritime approaches.' Article content Unfortunately, we've let our defences erode for so long that playing catch-up is that much tougher a task. Ottawa is pledging a serious effort to reach NATO's defence spending benchmark of 2.0 per cent of gross domestic product just as the alliance is preparing to raise it to 5.0 per cent. Whether the dome needs to be a part of the build-up remains to be seen, but Carney will have to convince America's volatile president that Canada is giving the question honest consideration. That would include ensuring his caucus and cabinet are aware of the need to treat it that way, in public and otherwise. Article content
