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Blockchain Press Releases

Netwrix Report: Lack of Budget Is the Biggest Security Challenge for Small Organizations

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They face the same security threats as organizations overall but have less resources to address them

FRISCO, Texas, June 27, 2023 /PRNewswire/ — Netwrix, a cybersecurity vendor that makes data security easy, today announced additional findings from its survey conducted in February 2023 among security and IT professionals from 106 countries. The additional information is for organizations with less than 100 employees.

According to the survey, small organizations experience the same cyberthreats as the respondents overall. The most common security incidents are phishing, ransomware and user account compromise. However, smaller organizations usually have less resources and experience with which to address security threats. Indeed, lack of budget is their top security challenge, reported by one in two small companies.

“Cost efficiency is top of mind for small organizations. To improve their security posture, these organizations may want to seek out solutions that are tuned for the unique cost and security needs of small businesses. In addition, partnering with a vendor that offers multiple solutions is a way to get a larger discount for using several tools,” says Dirk Schrader, VP of Security Research at Netwrix.

When we asked IT pros what they would do to improve the security posture of their small organization if they had a chance to decide on their own, their top choice was IT staff training.

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“One option for addressing the lack of cybersecurity expertise is to consider outsourcing security-related tasks to a managed service provider (MSP) or managed security service provider (MSSP). This approach not only eliminates the need to hire additional internal IT talent but can also reduce the cost of maintaining security software. For example, if a new compliance requirement arises, the MSP can make the necessary changes once, implement them across their customer base, and share the cost of the customization among those clients,” says Dmitry Sotnikov VP of Product Management at Netwrix.

More than two-thirds (68%) of small organizations have a hybrid IT architecture. Interestingly, only 45% of the small organizations that are exclusively on-premises plan to adopt cloud technologies, compared to 69% among respondents overall.

“On one hand, there are a lot of cloud-native small businesses, born when cloud was already an integral part of the IT landscape. On the other hand, many small organizations made significant investments into their on-premises infrastructure and may not have the budget or resources to then migrate to the cloud,” says Dirk Schrader.

“Lack of experience and fear of moving to the cloud can also hinder cloud adoption in small organizations. To benefit from the greater flexibility that comes from transferring some security-related tasks to a cloud provider, smaller organizations can engage an MSP to map the most effective cloud migration path for their business and consider using security tools that cover both on-premises and cloud infrastructure,” says Dmitry Sotnikov.

To learn more about security trends, check the complete 2023 Hybrid Security Trends Report.

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About Netwrix  

Netwrix makes data security easy. Since 2006, Netwrix solutions have been simplifying the lives of security professionals by enabling them to identify and protect sensitive data to reduce the risk of a breach, and to detect, respond to and recover from attacks, limiting their impact. More than 13,000 organizations worldwide rely on Netwrix solutions to strengthen their security and compliance posture across all three primary attack vectors: data, identity and infrastructure.  

For more information, visit www.netwrix.com

CONTACT:

Erin Jones
Avista PR for Netwrix
P: 704.664.2170
E: [email protected]

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Blockchain Press Releases

HPOS10I Lands on ByVotes to Get Community Backing for Bybit Listing

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DUBAI, UAE, Nov. 28, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, unveiled a new candidate for a potential Bybit Spot listing via ByVotes, HPOS10I (HarryPotterObamaSonic10Inu). Voting is now open for Bybit users with an opportunity to divide a prize pool of 1,800,000 HPOS10I.

From now to Nov. 29, 8AM UTC, supporters of HPOS10I may cast their votes for the project in two simple steps: deposit eligible assets into their Bybit account to produce a holdings snapshot, and head over to ByVotes to cast their votes. With sufficient votes from the community, the project will be listed on Bybit Spot, and the voters will receive a share of the airdrop from HPOS10I.

The iconic memecoin was the first of its kind to fuse the realm of fantasy and the chaotic lure of crypto, leaving its mark in crypto history since its launch in May 2023. It is known for its vibrant community, the Sproto Gremlins, an NFT collection of 3,333 exclusive unique manifestations of HPOS10I’s egregore. 

Bybit has recently revamped ByVotes to raise the bar for listing requirements and yield more power to the community. Users now have more control over the number of votes they get by increasing holdings or by referrals, while unlocking more earning potentials from project listings.

The new mechanism enhanced both project quality and community engagements. A variety of tokens have achieved 100% listing odds via ByVotes, including CHILLGUY, LUCE, and NEIROCTO, among others. Multiple projects featured exclusive airdrops for the community that helped them become listed on Bybit Spot. 

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ByVotes provides an arena for niche projects where participants stand to be rewarded from various prize pools if the projects they vote for succeed in getting listed status on Bybit Spot: ByVotes Spot.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press

For media inquiries, please contact: [email protected]

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For more information, please visit: https://www.bybit.com

For updates, please follow: Bybit’s Communities and Social Media

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DYOR Labs Unveils Advanced Blockchain-Powered Analytics and Trading Tools

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DYOR Labs, a leading decentralized finance (DeFi) research and trading platform, has unveiled a groundbreaking suite of blockchain-powered advanced analytics & trading tools aimed at breaking down barriers for retail & institutional investors.

Under the leadership of former Hollywood actor turned tech entrepreneur and blockchain advocate Ben Kurland, DYOR labs is one of the rare platforms fully integrating blockchain technology across its entire suite of tools. DYOR Labs has quickly solidified its position as a leader in decentralized finance (DeFi) innovation by seamlessly integrating with major blockchain networks, including Base, Ethereum, Polygon, and Solana. These integrations ensure the platform’s scalability, security, and interoperability across the DeFi ecosystem. Within its first month of launch, DYOR Labs has evaluated over 1 million blockchain projects and attracted nearly 50,000 new users, demonstrating its rapid adoption and impact.

Strategic partnerships with industry leaders such as Alchemy, Debridge, UNCX, Solidproof, and Moralis have laid a strong foundation for the platform’s continued growth. Financial backing from renowned investors like Ghaff Capital, IBC, and OZARU further validates DYOR Labs’ credibility. Additionally, endorsements from over 75 influential figures—including Altcoin Daily, Crypto Banter, Mario Nawfal, Carl from the Moon, and Crypto Lark—have amplified its reach, reinforcing its role as a transformative force in DeFi.

This positions it as a leader in fostering transparency and trust in a market often plagued by complexity and lack of accountability. By combining cutting-edge analytics, real-time data, and robust customization features, DYOR labs is redefining how traders, developers and investors engage with the blockchain ecosystem.

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Speaking on the platform’s growth, Ben Kurland, CEO of DYOR Labs, said, “Crypto tools shouldn’t feel like they require a PhD to use or trust, At DYOR, we’ve created a platform so intuitive it feels like second nature—whether you’re a trader looking for your edge or a project team trying to scale professionally. It’s time for Web3 to offer the same world-class usability that Web2 has delivered for decades.”

He further added, “Our mission is to simplify DeFi while addressing its biggest challenges. Traders deserve a seamless, user-first platform, and project teams need professional-grade tools to run their tokens and businesses effectively. DYOR Labs is here to bridge that gap, empowering the entire crypto community to thrive.”

Key platform features include: 

Offering a cutting-edge suite of features designed to empower both traders and developers in the decentralized finance space, DYOR users gain real-time advanced insights with instant access to comprehensive token data and market activity. The platform’s unparalleled trading tools deliver unmatched speed and cost efficiency, whilst customizable dashboards allow users of all experience levels to personalize workflows with saved presets, multi-chart tabs, and tailored features. For developers, the Team Dashboards provide a powerful solution to create and edit project pages, showcase metrics, and build community trust through transparency. With fiat on/off ramp integration, cross-chain swaps, and a native DEX and aggregator, DYOR Labs ensures seamless trading across blockchains, delivering the fastest and most cost-effective transactions in DeFi.

What’s Next?

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DYOR Labs continues to innovate, with upcoming features that include AI-Powered Insights, Missions and Quests to gamify user engagement, the first ever onchain ad auctions, enhanced team dashboards for token project management, live social media feeds integrated directly into token pages and cross-chain swaps, putting the platform at the forefront of DeFi innovation, creating a seamless and transparent ecosystem for users and developers alike.

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Blockchain Press Releases

Phoebe Peng Appointed Managing Director of Crypto Content Creator Campus

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DUBAI, UAE, Nov. 27, 2024 /PRNewswire/ — The Crypto Content Creator Campus (CCCC), a groundbreaking event shaping the future of the crypto content creator economy, is proud to announce the appointment of Phoebe Peng as its Managing Director. This strategic move follows the successful inaugural CCCC event held in Dubai from November 8th to 10th, 2024. Peng’s appointment signals an exciting new chapter for CCCC as it aims to redefine the standards for crypto education, challenge conventional narratives, and amplify diverse and credible voices within the community.

Phoebe brings unique experience from her roles at Moledao, the Blockchain for Good Alliance, and Bybit, where she excelled in delivering decisive execution and innovative thinking in dynamic, fast-paced environments. As a goal-oriented leader from the new generation of crypto professionals, Phoebe combines forward-thinking innovation with a deep passion for community building in the Web3 space.

In her new role, Phoebe will spearhead CCCC’s ambitious growth strategy, positioning the Campus as a pivotal force in driving thoughtful, responsible, and impactful content creation within the industry. Her responsibilities will encompass cultivating strong relationships with key stakeholders, optimizing resource allocation, mitigating potential risks, forging strategic partnerships, and developing comprehensive strategic plans.

“I am honored to have completed CCCC 2024 with Bybit’s support and trust. The CCCC will become a flagship event for crypto content creators, and I am excited to be taking it to new heights in the coming years,” said Phoebe Peng, Managing Director of the CCCC.

Founded in 2024, the CCCC is the first mega event of its kind to put the spotlight on the creative side of crypto content generation through panels, workshops, and networking opportunities. By amplifying responsible and thoughtful voices for the long-term prospect of the sector, the event attracted over 200 creators and renowned speakers, including Randi Zuckerberg, Founder & CEO of Zuckerberg Media and HUG; Zach King, Filmmaker & Content Creator; Nick Tran, former Head of Global Marketing at TikTok; Katie Penn, former Global Head of Marketing at X, among others. The 2025 edition of CCCC will be held in Lisbon, Portugal.

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About Crypto Content Creator Campus (CCCC)

We are a team of industry experts and visionaries committed to shaping the future of content creation within the Web3 and crypto sphere. Driven by a shared passion for creating a high-value community, we’ve curated a campus that promises an experience unlike any other.

For more details about CCCC, please visit: https://www.cccc.buzz/
For inquiries, please contact: [email protected]

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