Latest news with #MFA
The Star
8 hours ago
- Business
- The Star
Furniture's tough outlook
Industry in crisis: Workers assembling furniture at a furniture manufacturing plant. Industry players say sector faces domestic, global pressures JOHOR BARU: The furniture sector is struggling under mounting global and domestic pressures, leading to some long-standing manufacturers shutting down after decades of operations, say industry players. Muar Furniture Association (MFA) president Steve Ong said some businesses had ceased operations over the past two years, including several original equipment manufacturers, as they felt the future of the industry was not promising. 'The situation has become increasingly tough for local furniture makers who are already grappling with policies that burden businesses. 'Aside from having to deal with the expanded sales and service tax (SST), the US-imposed tariffs on Malaysian exports are also an added burden for those focused on the American market,' he said in an interview. Ong, whose association represents more than 800 members, pointed out that the higher electricity tariffs and mandatory Employees Provident Fund (EPF) contributions for foreign workers are also adding to the pressure. He said MFA has continued to call for a temporary suspension of the SST, electricity tariff hike and EPF contribution for foreigners. Ong also urged the government to provide financial incentives or assistance to help companies transition better. He said that while the government is encouraging automation, many industry players are hesitant to make the change. 'If local furniture makers are forced to shut down or relocate overseas, it will not only affect jobs but the entire supply chain will suffer,' he said, adding that the MFA held a dialogue session with industry players last week to listen to their concerns. Many participants, including a furniture maker who has been in the business for over four decades, lamented about the 'policies that are not business-friendly' which are hurting the economy. Malaysian Furniture Council president Desmond Tan, who is also MFA executive adviser, said the council received over 180 petitions from industry players about the untimely policies. He added that the council had submitted a petition to Plantation and Commodities Minister Datuk Seri Johari Ghani and met with his deputy Datuk Chan Foong Hin over the matter. 'We have expressed our concerns and requested their help to convey the message to the Prime Minister. 'During the meeting, the deputy minister told us that he would speak to the Finance Ministry about the SST, which we take as a positive step,' he added. Johor, particularly Muar, produces the majority of Malaysia's furniture. The United States was the top destination for Malaysia's furniture last year, followed by Singapore, Australia, Japan and the United Kingdom.
The Hindu
16 hours ago
- Business
- The Hindu
After 5 years, India to issue visas to Chinese tourists
India will start issuing tourist visas to Chinese nationals after a gap of five years, the Indian Embassy in Beijing announced on Wednesday. The announcement, that was called 'positive' by the Chinese Ministry of Foreign Affairs, marks another step in normalising India-China ties ruptured by the military standoff at the Line of Actual Control and Galwan clashes in 2020. According to an official notice posted online and on Chinese social media, the visas can be applied for online beginning from Thursday and obtained after an appointment at the Indian Embassy in Beijing and consulates in Shanghai and Guangzhou. Amidst the bonhomie, Beijing rejected concerns in Delhi and Dhaka about China's latest dam project on the Yarlung Sangpo or Brahmaputra River in Tibet and said it had communicated with both the governments. Responding to a question about the visa issuance on Wednesday, a Chinese MFA spokesperson said that Beijing had taken note of the 'positive move'. 'Easing cross-border travel is widely beneficial. China will maintain communication and consultation with India to further facilitate travel between the two countries,' said spokesperson Guo Jiakun in Beijing. After the Covid pandemic and then violence between the two militaries after China amassed troops at the LAC, both countries had cancelled all flights and most visa services between them. China restored visa applications for Indian students in 2022 and for business and tourism purposes subsequently. It issued an estimated 85,000 visas between January and June 2025. India had issued visas in business and student categories, but not for tourism until now. According to the Ministry of Tourism figures in 2019, before the lockdown, more than 3,00,000 Chinese tourists had visited India and about 8,69,000 Indian tourists had gone to China. After Prime Minister Narendra Modi and Chinese President Xi Jinping met in Kazan last October and agreed to restore ties, a series of high-level meetings discussed the next steps, including the start of the Kailash Manasarovar Yatra. Most recently, External Affairs Minister S. Jaishankar travelled to China on July 14-16, and met with his counterpart Wang Yi, and also called on Chinese President Xi Jinping and Vice-President Hang Zheng, before attending the SCO Council for Foreign Ministers. In an interview to The Hindu, Chinese Ambassaor Xu Feihong said that resuming the Kailash pilgrimage was 'an important initiative taken by China to improve relations between the two countries', indicating that it was India's turn to take the next positive step. Both sides are also working on resuming direct flights between the two countries soon, understood to be announced before PM Modi's visit to China for the SCO summit, which is expected on August 31-September 1, officials said. When asked by reporters about the hydropower project being constructed on the Yarlung Sangpo, Mr. Guo said that it was 'fully within China's sovereignty'. 'China is engaged in cooperation with downstream countries on sharing hydrological data, flood prevention and disaster reduction,' he said, adding that Beijing has had the 'necessary communication' with India and Bangladesh. Construction for the massive 60,000 MW Medog Hydropower station, set to be the world's largest, began last week, and was flagged off by Chinese Premier Li Qiang. In a response in Parliament, the government had said that India had 'registered its concerns' with China over the ecological and disaster risks of the project in December 2024, while the Bangladesh's Ministry of Water Resources had also requested Beijing's response on its concerns in March this year.
Business Upturn
18 hours ago
- Business
- Business Upturn
SecurityBridge Acquires CyberSafe To Deliver Contextual SSO, MFA, And Passwordless Authentication To SAP Users
Business Wire India SecurityBridge, the creator of the Cybersecurity Command Center for SAP, today announced the acquisition of CyberSafe, a UK-based pioneer in multi-factor authentication (MFA) and single sign-on (SSO) solutions for SAP users. The acquisition marks a significant milestone in SAP security innovation, as CyberSafe's flagship TrustBroker® products will further enrich the SecurityBridge platform capabilities. A two-way integration enables customers to transition from password-based authentication to multi-factor authentication across the SAP technology stack, with full insight into the SAP application layer. This press release features multimedia. View the full release here: SecurityBridge, the leading SAP security software provider, acquires MFA and SSO software company CyberSafe. 'SAP's native security lacks the depth today's threat landscape demands,' said Christoph Nagy, CEO and Co-founder of SecurityBridge. 'This acquisition reinforces our mission to ensure no SAP system or customer is ever compromised. By integrating TrustBroker with our platform, we enable customers to apply passwordless MFA across all SAP workflows, without compromising usability. However, customers can still use TrustBroker products standalone.' With a glowing global customer base spanning all industry segments and over three decades of cybersecurity expertise, CyberSafe brings deep authentication capabilities and a proven track record in enterprise-class identity protection. The TrustBroker products offer secure single sign-on (SSO), policy-based MFA during login, and step-up authentication (SUA), utilizing leading MFA applications, such as Microsoft Entra MFA (formerly Azure MFA), Okta, PingID, Duo, RSA SecurID, and TOTP/HOTP apps. Once integrated with SecurityBridge, TrustBroker products will act upon real-time threat signals, such as anomalous logon behavior, suspicious devices, and past user activity, to determine when MFA enforcement is necessary, thereby adding contextual intelligence to SAP user authentication. 'For over three decades, CyberSafe has been at the forefront of integrating SAP user authentication with existing infrastructure, such as Microsoft Active Directory,' said Tim Alsop, Managing Director of CyberSafe. 'Joining forces with SecurityBridge facilitates building new products and enhancing existing products while leveraging the growing adoption of modern authentication methods. I am also looking forward to being able to deliver integration with the SecurityBridge platform, so that our TrustBroker products can offer contextual and risk-based MFA.' The combined platform offering behavior-based enforcement policies with MFA takes SAP security to a new level by: Automatically enforcing MFA when users return after long periods of inactivity (e.g., 90+ days). Prompting MFA for logins outside of a user's standard working hours. Enforcing MFA when logins originate from devices not previously associated with the user. Requiring additional authentication for users with past suspicious behavior or flagged activity. Triggering MFA when access occurs from devices used by multiple individuals. These context-aware measures will seamlessly adapt authentication requirements to each situation, reducing user friction during normal activity while strengthening protection against abnormal or high-risk access attempts. About CyberSafe CyberSafe is a leading global security software vendor, providing mature, proven, standards-based solutions that enable true enterprise-class single sign-on (SSO), policy-based multi-factor authentication (MFA), and step-up authentication (SUA) for mission-critical SAP business applications. In 1991, the company pioneered the first commercial Kerberos-based security product, including being the first to provide critical security interoperability between Microsoft Windows and non-Microsoft operating systems and applications. More recently, CyberSafe has pioneered step-up authentication for SAP users, a feature not available from any other software vendor. The TrustBroker products are flexible and leverage existing infrastructure to minimize implementation and ongoing costs. About SecurityBridge SecurityBridge is the leading provider of a comprehensive, SAP-native cybersecurity platform, enabling organizations worldwide to protect their most critical business systems. The platform seamlessly integrates real-time threat monitoring, vulnerability management, and compliance capabilities directly into the SAP environment, enabling organizations to protect their data's integrity, confidentiality, and availability with minimal manual effort. It provides a 360° view of the SAP security situation and is characterized by user-friendliness, rapid implementation, and transparent licensing. SecurityBridge has a proven track record, including an excellent customer rating and over 7,500 secured SAP systems worldwide. The company is committed to innovation, transparency, and customer focus, ensuring that SAP users can confidently navigate the evolving landscape of SAP security threats. For more information, please visit View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire India. Business Upturn take no editorial responsibility for the same. Ahmedabad Plane Crash
Yahoo
20 hours ago
- Business
- Yahoo
SecurityBridge Acquires CyberSafe To Deliver Contextual SSO, MFA, And Passwordless Authentication To SAP Users
NEW YORK, July 23, 2025--(BUSINESS WIRE)--SecurityBridge, the creator of the Cybersecurity Command Center for SAP, today announced the acquisition of CyberSafe, a UK-based pioneer in multi-factor authentication (MFA) and single sign-on (SSO) solutions for SAP users. The acquisition marks a significant milestone in SAP security innovation, as CyberSafe's flagship TrustBroker® products will further enrich the SecurityBridge platform capabilities. A two-way integration enables customers to transition from password-based authentication to multi-factor authentication across the SAP technology stack, with full insight into the SAP application layer. "SAP's native security lacks the depth today's threat landscape demands," said Christoph Nagy, CEO and Co-founder of SecurityBridge. "This acquisition reinforces our mission to ensure no SAP system or customer is ever compromised. By integrating TrustBroker with our platform, we enable customers to apply passwordless MFA across all SAP workflows, without compromising usability. However, customers can still use TrustBroker products standalone." With a glowing global customer base spanning all industry segments and over three decades of cybersecurity expertise, CyberSafe brings deep authentication capabilities and a proven track record in enterprise-class identity protection. The TrustBroker products offer secure single sign-on (SSO), policy-based MFA during login, and step-up authentication (SUA), utilizing leading MFA applications, such as Microsoft Entra MFA (formerly Azure MFA), Okta, PingID, Duo, RSA SecurID, and TOTP/HOTP apps. Once integrated with SecurityBridge, TrustBroker products will act upon real-time threat signals, such as anomalous logon behavior, suspicious devices, and past user activity, to determine when MFA enforcement is necessary, thereby adding contextual intelligence to SAP user authentication. "For over three decades, CyberSafe has been at the forefront of integrating SAP user authentication with existing infrastructure, such as Microsoft Active Directory," said Tim Alsop, Managing Director of CyberSafe. "Joining forces with SecurityBridge facilitates building new products and enhancing existing products while leveraging the growing adoption of modern authentication methods. I am also looking forward to being able to deliver integration with the SecurityBridge platform, so that our TrustBroker products can offer contextual and risk-based MFA." The combined platform offering behavior-based enforcement policies with MFA takes SAP security to a new level by: Automatically enforcing MFA when users return after long periods of inactivity (e.g., 90+ days). Prompting MFA for logins outside of a user's standard working hours. Enforcing MFA when logins originate from devices not previously associated with the user. Requiring additional authentication for users with past suspicious behavior or flagged activity. Triggering MFA when access occurs from devices used by multiple individuals. These context-aware measures will seamlessly adapt authentication requirements to each situation, reducing user friction during normal activity while strengthening protection against abnormal or high-risk access attempts. About CyberSafe CyberSafe is a leading global security software vendor, providing mature, proven, standards-based solutions that enable true enterprise-class single sign-on (SSO), policy-based multi-factor authentication (MFA), and step-up authentication (SUA) for mission-critical SAP business applications. In 1991, the company pioneered the first commercial Kerberos-based security product, including being the first to provide critical security interoperability between Microsoft Windows and non-Microsoft operating systems and applications. More recently, CyberSafe has pioneered step-up authentication for SAP users, a feature not available from any other software vendor. The TrustBroker products are flexible and leverage existing infrastructure to minimize implementation and ongoing costs. About SecurityBridge SecurityBridge is the leading provider of a comprehensive, SAP-native cybersecurity platform, enabling organizations worldwide to protect their most critical business systems. The platform seamlessly integrates real-time threat monitoring, vulnerability management, and compliance capabilities directly into the SAP environment, enabling organizations to protect their data's integrity, confidentiality, and availability with minimal manual effort. It provides a 360° view of the SAP security situation and is characterized by user-friendliness, rapid implementation, and transparent licensing. SecurityBridge has a proven track record, including an excellent customer rating and over 7,500 secured SAP systems worldwide. The company is committed to innovation, transparency, and customer focus, ensuring that SAP users can confidently navigate the evolving landscape of SAP security threats. For more information, please visit View source version on Contacts Patricia FrancoSecurityBridgepress@ Sign in to access your portfolio
National Post
20 hours ago
- Business
- National Post
SecurityBridge Acquires CyberSafe To Deliver Contextual SSO, MFA, And Passwordless Authentication To SAP Users
Article content NEW YORK — SecurityBridge, the creator of the Cybersecurity Command Center for SAP, today announced the acquisition of CyberSafe, a UK-based pioneer in multi-factor authentication (MFA) and single sign-on (SSO) solutions for SAP users. The acquisition marks a significant milestone in SAP security innovation, as CyberSafe's flagship TrustBroker® products will further enrich the SecurityBridge platform capabilities. A two-way integration enables customers to transition from password-based authentication to multi-factor authentication across the SAP technology stack, with full insight into the SAP application layer. Article content This acquisition reinforces our mission to ensure no SAP system or customer is ever compromised. By integrating TrustBroker with our platform, we enable customers to apply passwordless MFA across all SAP workflows, without compromising usability. Article content 'SAP's native security lacks the depth today's threat landscape demands,' said Christoph Nagy, CEO and Co-founder of SecurityBridge. 'This acquisition reinforces our mission to ensure no SAP system or customer is ever compromised. By integrating TrustBroker with our platform, we enable customers to apply passwordless MFA across all SAP workflows, without compromising usability. However, customers can still use TrustBroker products standalone.' Article content With a glowing global customer base spanning all industry segments and over three decades of cybersecurity expertise, CyberSafe brings deep authentication capabilities and a proven track record in enterprise-class identity protection. The TrustBroker products offer secure single sign-on (SSO), policy-based MFA during login, and step-up authentication (SUA), utilizing leading MFA applications, such as Microsoft Entra MFA (formerly Azure MFA), Okta, PingID, Duo, RSA SecurID, and TOTP/HOTP apps. Once integrated with SecurityBridge, TrustBroker products will act upon real-time threat signals, such as anomalous logon behavior, suspicious devices, and past user activity, to determine when MFA enforcement is necessary, thereby adding contextual intelligence to SAP user authentication. Article content 'For over three decades, CyberSafe has been at the forefront of integrating SAP user authentication with existing infrastructure, such as Microsoft Active Directory,' said Tim Alsop, Managing Director of CyberSafe. 'Joining forces with SecurityBridge facilitates building new products and enhancing existing products while leveraging the growing adoption of modern authentication methods. I am also looking forward to being able to deliver integration with the SecurityBridge platform, so that our TrustBroker products can offer contextual and risk-based MFA.' Article content The combined platform offering behavior-based enforcement policies with MFA takes SAP security to a new level by: Article content Automatically enforcing MFA when users return after long periods of inactivity (e.g., 90+ days). Prompting MFA for logins outside of a user's standard working hours. Enforcing MFA when logins originate from devices not previously associated with the user. Requiring additional authentication for users with past suspicious behavior or flagged activity. Triggering MFA when access occurs from devices used by multiple individuals. Article content These context-aware measures will seamlessly adapt authentication requirements to each situation, reducing user friction during normal activity while strengthening protection against abnormal or high-risk access attempts. Article content About CyberSafe Article content CyberSafe is a leading global security software vendor, providing mature, proven, standards-based solutions that enable true enterprise-class single sign-on (SSO), policy-based multi-factor authentication (MFA), and step-up authentication (SUA) for mission-critical SAP business applications. In 1991, the company pioneered the first commercial Kerberos-based security product, including being the first to provide critical security interoperability between Microsoft Windows and non-Microsoft operating systems and applications. More recently, CyberSafe has pioneered step-up authentication for SAP users, a feature not available from any other software vendor. The TrustBroker products are flexible and leverage existing infrastructure to minimize implementation and ongoing costs. Article content About SecurityBridge Article content SecurityBridge is the leading provider of a comprehensive, SAP-native cybersecurity platform, enabling organizations worldwide to protect their most critical business systems. The platform seamlessly integrates real-time threat monitoring, vulnerability management, and compliance capabilities directly into the SAP environment, enabling organizations to protect their data's integrity, confidentiality, and availability with minimal manual effort. It provides a 360° view of the SAP security situation and is characterized by user-friendliness, rapid implementation, and transparent licensing. SecurityBridge has a proven track record, including an excellent customer rating and over 7,500 secured SAP systems worldwide. The company is committed to innovation, transparency, and customer focus, ensuring that SAP users can confidently navigate the evolving landscape of SAP security threats. For more information, please visit Article content Article content Article content Article content
