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Paying the Ransom Doubles Cost of Recovering from a Ransomware Attack: Sophos

  Global survey shows the average cost of recovery is $1.4 million if organizations pay the ransom, $730,000 if they don’t SophosLabs reports on Maze ransomware techniques that increase pressure to pay OXFORD, U.K. –Sophos, a global leader in next-generation cybersecurity, today...
Posted On 17 May 2020
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Watawala Tea supports nation-wide hospitals and Sri Lanka Navy with donations of Ceylon Tea

Watawala Tea, Sri Lanka’s No. 1 tea brand by the diversified conglomerate Sunshine Holdings PLC, donated Ceylon tea packs for the consumption of patients and staff members in hospitals dealing with COVID-19 around the country. So far, the company has catered to the requirements...
Posted On 17 May 2020
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Huawei Nova 7i’s wide entertainment options set a New Benchmark for Mid-range devices

Huawei Nova 7i, the stylish smartphone from Huawei’s Nova series boasts a range of features that facilitate users with an optimal entertainment while they are confined to their homes at present. This feature-packed device allows users to explore new avenues such as embracing...
Posted On 17 May 2020
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SLT Group donates Rs. 50 Mn to COVID -19 Healthcare and Social Security Fund.

The Chairman, Board of Directors, representatives of the Management and Unions of Sri Lanka Telecom (SLT) and Mobitel handed over a cheque to the value of Rs. 50 million to His Excellency Gotabaya Rajapaksa, President of Sri Lanka recently at the Presidential Secretariat as a...
Posted On 17 May 2020
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Isobar Sri Lanka’s partnership with SLIM creates opportunities for graduates

In a bid to reduce the ripple effect of Covid-19 on the local workforce, a strategic alliance was initiated between two Sri Lankan pioneers; Dentsu Aegis Network’s Isobar Sri Lanka and Sri Lanka Institute of Marketing (SLIM) with its Initiative of Restart Sri Lanka with Sri...
Posted On 17 May 2020
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SLT Group 1Q 2020 Operating Profits grow by 28% to Rs.3.2Bn

Sri Lanka Telecom PLC Group released its financial results for the three months ending on 31st March 2020. The Total revenue for the quarter recorded Rs.22.1 Bn, which is a 3.8% growth compared to the Rs. 21.3 Bn during the same period in 2019. Stringent measures were taken to...
Posted On 17 May 2020
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New Study: IT Pros Are More Worried About Corporate Security than Home Security

IT professionals are 3X more concerned about the security of company financials and intellectual property than their home security 78 percent of organizations use more than 50 discrete cybersecurity products to address security issues; 37 percent use more than 100 cybersecurity...
Posted On 17 May 2020