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GISEC Global 2025 Launches OT Security Conference as Cyberattacks on Critical Infrastructure Surge 49%

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New dedicated track at Middle East and Africa’s largest cybersecurity event tackles AI-driven industrial threats, Zero Trust adoption and the $44.9B OT security boom

Dubai, UAE, 11th May 2025, ZEX PR WIRE, As operational technology (OT) cyberattacks skyrocketed 49% in 2024 – targeting power grids, oil & gas facilities, factories and transport systems – GISEC Global 2025 is responding with the launch of its pivotal new OT Security track at the Middle East and Africa’s largest cybersecurity event, currently taking place until 8th May at the Dubai World Trade Centre.

The OT-focused conference on the second day of GISEC Global tackled evolving risks, system vulnerabilities and strategies for securing critical infrastructure. Other important considerations included AI in ICS/OT Security, Quantum Computing Threat, Protecting ICS and SCADA Systems & Digital Supply Chains in the presence of top CISOs, CIOs, OT security heads and policy-makers to fortify SCADA, ICS and digital supply chains.

The new addition arrives amid a perfect storm in the industry:

  • The global OT security market is projected to double to $44.9 billion by 2029 (Markets and Markets). 
  • According to research by IBM, the average cost of cyberattacks on organisations in the Middle East is $8.75 million, nearly double the global average.

Why OT Security? Why Now?

OT security encompasses advanced cybersecurity protocols designed to ensure the integrity, availability and safety of industrial control systems. As critical infrastructure faces escalating cyber threats, robust OT security is essential for maintaining continuity across the oil & gas, manufacturing, energy, transport and utility sectors. 

In late 2024, ransomware groups accelerated attacks on industrial sectors, with manufacturing, transportation and ICS operations prime targets. Only aggressive defence, intelligence sharing and cross-sector collaboration will safeguard critical infrastructure into 2025 and beyond.

On Wednesday, the audience heard from experts on the need for modern OT protection which delved into precision AI, leveraging machine learning, deep learning and large language models.

Discussing cybersecurity threats in the maritime industry, where ships can hold up to 10,000 passengers, are driven autonomously and each country has their own set of AI regulations, Simone Fortin, Global CISO Cruise Division at MSC Cruise Division, called for streamlined regulations that can be applied to all countries around the world.

He said: “For an industry like maritime, which is regulated by the UN, it is hard to interpret how to prevent AI threats for something critical like managing a ship. The UN gives the policy a broader scale, but then everything is regulated by bilateral agreements between the states and the regulators, and implemented by companies; but then, everything is defined by the fact that you could be in international waters. And ships can be owned by one entity, managed by another while sailing under a separate flag.”

Bridging the gap between AI-powered cyber defence and critical infrastructure resilience, the OT Security Track also put the spotlight the escalating IoT/IIoT threats in the oil & gas sector, featuring frontline insights from global CISOs defending the world’s most targeted industries.

Amal Krishna, Executive Director & CISO, ONGC, said: “To combat the surge in OT cyberattacks, businesses must prioritise asset visibility, network segmentation and secure remote access – but equally critical is breaking down silos between IT, OT and engineering teams. Cyber resilience in critical infrastructure isn’t just about technology, it’s about collaboration, continuous monitoring and a security-first culture.” 

Albert Vartic, Upstream OT Cybersecurity Officer, OMV Petrom, added: “Over the next five years, OT cybersecurity in the Middle East’s critical infrastructure will see significant evolution. The region’s rapid digitalisation has expanded the attack surface, making industrial systems more vulnerable – proactive measures like IEC 62443 adoption and cross-team collaboration will be essential to safeguard operational resilience.” 

Protect and plan against digital attacks

Exhibitors Ayman Al Issa (CPX) and Mohammed Mousa (CyberKnight) dissected the 49% surge in OT attacks, offering actionable defences for the energy, healthcare and manufacturing sectors.

Mousa, OT/xIoT Consultant at CyberKnight, warns that legacy OT systems weren’t built for today’s threats. 

He explained: “The escalation in intrusions is a consequence of accelerated digital transformation in industrial sectors. As organisations integrate IT and OT environments to improve efficiency and support the business, they inadvertently expand the threat surface. Furthermore, legacy systems remain in operation far beyond their intended lifespan and often lack native security controls. 

“Meanwhile, increased reliance on remote access, third-party integrations, and limited OT-specific cybersecurity governance heightens exposure. Simply put, organisations are moving faster than their security strategies are evolving.”

For businesses and governments to stay ahead of cyber criminals, Al Issa, Director – OT Cybersecurity at CPX, emphasised the importance of undertaking risk and threat assessments to understand what assets are at risk and how potential attackers might target them, sooner rather than later.

He said: “In today’s fast-shifting business landscape, organisations need to focus on identifying their most critical assets – those that are at the highest risk and that they care about the most, rather than trying to protect everything or plan for recovery across the entire business. As such, organisations should conduct in-depth threat and risk assessments specifically considering the unique characteristics of industrial control systems (ICS), including their physical consequences. 

“This involves mapping out interdependence, potential attack vectors and consequences of downtime. Using threat intelligence and aligning with frameworks like CIS ICS Controls can help organisations monitor suspicious activity, manage vulnerabilities and create tailored incident response plans. 

“Once this is clear, more targeted and practical defence measures can be put in place and continuously tested, using threat intelligence to stay ahead of evolving threats. Risk assessments should be continuous, evolving with technological changes and emerging threats and should be validated through regular penetration testing.”

Amr Elsayed, Regional OT/ICS Cybersecurity Specialist at CyberKnight, agrees, saying technology, collaboration and workforce training should be key priorities for businesses.

He said: “To enhance OT security resilience against rising cyber threats, businesses should adopt a Zero Trust approach, enforcing least-privilege access and micro-segmentation to limit breach impact. Advanced real-time monitoring and threat intelligence sharing (ISACs, public-private partnerships) are critical for proactive defences. 

“Additionally, maintaining accurate OT asset inventories, conducting OT-specific incident response drills and implementing risk-based vulnerability management (compensating controls, tailored patching) will strengthen security postures. Finally, OT-focused employee training ensures a security-aware workforce.

“By prioritising these measures – spanning technology, collaboration and workforce readiness – organisations can safeguard critical infrastructure, mitigate disruptions and build long-term cyber resilience in OT environments.”

Drafting the legislation playbook

With Middle East nations rapidly adopting digitisation into their day-to-day practices, the region is becoming a target for cyberattacks. However, the experts expect a number of measures to be put in place to protect cybersecurity infrastructure, and GISEC 2025 could be where policymakers and tech giants will draft the playbook.

Al Issa added: “Over the next five years, we can expect a major shift toward structured, regulation-driven cybersecurity approaches. AI-driven OT threat detection, the widespread adoption of Zero Trust principles and deeper integration of compliance frameworks will define the regional OT cybersecurity landscape. Stricter regulatory frameworks and compliance mandates region-wide will push for better security practices. 

Organised by Dubai World Trade Centre, GISEC Global 2025 is hosted by the UAE Cybersecurity Council under the theme of ‘Securing an AI-Powered Future’, and supported by Dubai Electronic Security Center (DESC), UAE Ministry of Interior and Dubai Police.

To learn more about GISEC Global 2025, visit www.gisec.ae

About GISEC Global

GISEC Global, Middle East & Africa’s largest and most impactful cybersecurity event, will return to Dubai World Trade Centre for its 14th edition taking place from 6th to 8th May 2025, under the overarching theme of “Securing an AI-Powered Future.” Following the monumental success of 2024, the super-connector event for the region’s cybersecurity industry will bring together over 25,000 attendees, 750 exhibiting brands and 350-plus speakers hailing from over 160 countries. GISEC Global stands as the unrivalled platform for navigating the ever-evolving landscape of cybersecurity. More information: www.gisec.ae

About Dubai World Trade Centre

A global business facilitator since 1979, Dubai World Trade Centre (DWTC) is home to the region’s leading purpose-built convention and exhibition centre. DWTC provides a platform for connecting people, products, innovation and ideas from around the world through a dynamic calendar of international trade exhibitions and its own roster of sector leading mega events. As a designated free zone, complemented by award-winning commercial real estate, DWTC plays an integral role in Dubai and the region’s growth story. Since its inauguration, DWTC has hosted over 6,000 events, with an estimated economic output of AED 248 billion, attracting over 38 million business visitors to Dubai.

Building on this legacy, DWTC’s second flagship venue, the Dubai Exhibition Centre (DEC), stands as a premier destination for prominent national and international mega events. Strategically aligned with the Dubai 2040 Urban Master Plan, DEC’s recently announced AED 10 billion expansion is integral to Expo City Dubai’s vision of becoming a global business hub for exhibitions and events. 

Press information and photographic material: click here 

Media Contact:

Jane Oneill – PR Manager

Jane.oneill@dwtc.com 

 

Ahmad Khalloudi – PR Manager

Ahmadkhalloudi@sevenmedia.ae

 

Follow GISEC Global on social media: Facebook | X | Instagram | LinkedIn | Youtube 

Hashtag: #GISECGlobal

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Fulcrum Launches Fully Insured Crypto Lending Platform Offering Up to 12% APR on BTC, 13% on SOL and 14% on USDT

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Program offers unique option for crypto interest payouts, and crypto backed loans to empower investors to exceed traditional returns

Zug, Switzerland, 4th November 2025, ZEX PR WIRE, Fulcrum Lending, the crypto-backed financial services provider, today announced the launch of its platform. Fulcrum is tailored exclusively for investors, individuals or businesses, looking to achieve higher returns on major crypto (BTC, ETH, BNB, SOL) and stablecoin deposits (USDC, USDT). With annual returns of up to 14%, full-insurance, FINMA license and the interest payouts in the crypto deposited; the platform offers investors a secure, high-yield alternative to traditional savings accounts. The platform has been in beta and alpha stages for the last 6 months and now it’s celebrating its release.

New Alternative to Outpace Inflation

Traditional savings accounts struggle to keep pace with inflation, often leading to a gradual loss of value for investors. Crypto saving accounts do offer higher returns, but they don’t offer insurance for incidents that are common in crypto space. Fulcrum offers an alternative that combines predictable high returns of crypto with a fully insured and licensed platform, allowing investors to grow their savings faster than inflation with peace of mind. This platform is designed to empower individuals with greater financial control, helping them to break away from low-yield savings accounts and achieve more flexibility in their financial plans.

“Fulcrum has always been about empowering our community with innovative ways, and we prove this commitment by providing investors with a high-yield alternative to traditional savings accounts, while giving them a peace of mind with full insurance and regulation” said Matthew Curtis, CEO and Founder of Fulcrum Lending.  “We operate a strict regulatory licensing and compliance rigidly in all operations, ensuring your trust in us is well-placed. We are licensed and regulated by Swiss financial authority FINMA. We also hold all customer assets in a qualified custody Fireworks, and we fully insure them. We offer you best rates on the market no matter the market conditions are, and our team is available 24/7”.

Key Features of Fulcrum Platform

  • Earn up to 12% APR on BTC and ETH, 13% on SOL and BNB
  • Earn up to 14% APR on USDT and USDC
  • Borrow USDT at 16% APR
  • Predictable rates that don’t change with market conditions
  • Full Insurance of user deposits by Lloyd’s of London
  • Licensed and regulated by Swiss financial authority FINMA
  • Backed by known incubator YCombinator
  • Customer assets stored by trusted digital asset custodian Fireworks
  • Flexible withdrawal options of daily, monthly, quarterly and semi-annually

Unlike many crypto yield products that rely on high-risk trading strategies, Fulcrum generates returns exclusively from lending activity on platform providing over-collateralized loans, ensuring a lower risk profile for investors. This means the customer deposits are used to fund secured loans, not volatile trading ventures. Fulcrum also guarantees that crypto payouts are held in full reserve and never leveraged—your crypto is always protected and not exposed to additional risk.

“We’re able to offer investors a compelling alternative to traditional savings accounts that’s built on the foundation of our secure, over-collateralized loan book,” said Andrew Owen, Chief Revenue Officer at Fulcrum. “We only have the option of 50% loan-to-value ratio. That means for every 1 BTC worth of credit, we get 2 BTC as collateral.”

How the Fulcrum Interest Account Works

Fulcrum platform accepts deposits in crypto (BTC, ETH, SOL, BNB) and stablecoins (USDC, USDT). Investors will be able to receive monthly interest payouts in the crypto they deposited, giving them the flexibility to tailor their returns to their financial goals. Withdrawals are available after different lock-in periods, differing from 1 day to 6 months. The more the platform users lock-in funds in the platform, more returns they receive.

How the Fulcrum Borrowing Works

With Fulcrum, anyone can have access to borrowing power of up to $1 million by using their crypto assets as collateral, within 24 hours and with no credit history required. In this way they can borrow cash and hold their coins to see them grow while avoiding taxes. Fulcrum offers over-collateralized crypto-backed loans, stored in qualified custody, and only with 50% LTV. The automated platform provides instant funding in USDT.

Availability of Fulcrum platform

Fulcrum platform is now accessible to individuals and corporate investors seeking a secure, high-yield alternative to traditional saving and borrowing options.

About Fulcrum Lend

Founded in 2025 and headquartered in Switzerland, Fulcrum Lending is the pioneer of fully insured crypto-backed lending. Fulcrum’s mission is to build and enable simple, familiar, and novel crypto financial products that increase access to financial opportunities and give consumers more control over their ability to generate long-term wealth.

Fulcrum’s crypto lending products enable its users to receive interest in their idle crypto assets and seamlessly access credit against their crypto portfolios. For more information, visit https://fulcrumlend.com

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Press Release

Finitex Launches New Professional Disposable Gloves

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Finitex launches a new generation of FDA-compliant disposable gloves on November 5, 2025, trusted by the healthcare, food service, and beauty industries for their protection, comfort, and tactile sensitivity.

Chino, California, United States, 4th Nov 2025 – Finitex medical-grade nitrile exam gloves meet FDA standards, offering latex-free, powder-free protection suitable for clinical, dental, and laboratory use. Their 4 Mil thickness and micro-textured fingertips provide reliable grip and dexterity for precise, sensitive procedures. The hypoallergenic nitrile material minimizes irritation even during long wear.

“We engineered Finitex gloves to balance barrier protection with tactile feel,” said a Finitex spokesperson. “In healthcare, every detail matters. Our goal was to make protection feel effortless.”

To celebrate the launch of the new Finitex nitrile gloves offering the following promotional pricing:

1000pcs – 4mil Blue Nitrile Gloves $59.99 (Reg $79.99) – Code:BN20

1000pcs – 3.5mil Rose Red Nitrile Gloves $69.99 (Reg $99.99) – Code:RR20

1000pcs – 8mil Black Diamond Pattern Nitrile Gloves $109.99 (Reg $189.99) – Code:BD60

Food Service: Safety and Compliance at Every Step

In the food industry, hygiene and reliability are essential. Finitex food-safe nitrile gloves comply with U.S. FDA food contact regulations and provide excellent puncture and oil resistance, making them ideal for kitchens, catering, and food processing.

Unlike vinyl or latex options, Finitex nitrile gloves maintain their structural integrity under extended use, reducing glove waste and improving workflow efficiency.

“Food handlers rely on gloves that don’t tear, slip, or contaminate,” the spokesperson added. “Finitex delivers reliability that professionals can trust during every shift.”

Beauty and Wellness: Designed for Touch and Expression

For stylists, estheticians, and tattoo artists, precision and comfort define performance. Finitex’s 3 Mil and 5 Mil nitrile glove lines offer flexibility, control, and tactile sensitivity for handling dyes, pigments, or cosmetic products.

The Rose Red 3 Mil Beauty Series provides lightweight comfort and chemical resistance for salon professionals, while the Black 5 Mil Industrial Series offers durability and sleek aesthetics favored by tattoo and grooming experts.

Commitment to Sustainability and Ethical Production

Finitex gloves are manufactured in ISO 9001 and CE-certified facilities, upholding rigorous global quality and ethical standards. The company also integrates eco-efficient production and packaging methods to minimize environmental impact.

“Sustainability and safety are not opposing goals—they’re part of the same vision,” said the Finitex representative. “Our responsibility is to protect people and the planet simultaneously.”

About FINITEX:

Founded in 2017, Finitex is a U.S.-based brand of Titans Medicare Inc., specializing in high-performance nitrile disposable gloves for professionals in healthcare, foodservice, beauty, and industrial fields. Finitex products meet international standards, including FDA ertifications.The company operates in North America, the EU, China, and Thailand,  employing over 1,000 people across four global locations.

Media Contact

Organization: Titans Medicare Inc

Contact Person: Finitex Cecilia

Website: https://www.titansmedicare.com/

Email:
finitex@titansmedicare.com

City: Chino

State: California

Country:United States

Release id:36472

The post Finitex Launches New Professional Disposable Gloves appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Chobes Digital Asset Center Advances Global Compliance Strategy

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Chobes Digital Asset Center reinforces its brand with a compliance-first strategy and institutional operations focused on transparency and trust.

Chobes Digital Asset Center, a global digital asset trading and technology platform, has announced a strategic initiative to strengthen its international presence through a compliance-centered operational framework.
This approach reflects the company’s long-term vision of aligning innovation with regulatory integrity, establishing Chobes as a trusted name in responsible digital finance.

Compliance as the Foundation of Growth

At the core of Chobes’ strategy lies a belief that sustainable innovation in finance must be built on compliance and accountability.
The company has enhanced its internal governance systems, introducing advanced regulatory monitoring, audit readiness, and standardized reporting mechanisms to support transparent and secure operations across all regions.

Nathan Grayson, Director of Compliance Affairs at Chobes Digital Asset Center, commented:

“Compliance drives confidence. Our global operations are designed to ensure clarity, accountability, and user protection across every market we serve.”

Institutional Operations and Global Trust

Built on institutional-grade infrastructure, Chobes integrates rigorous oversight, independent reviews, and adaptive risk controls to maintain reliability and efficiency.
This structure ensures operational excellence while reinforcing the company’s reputation as a responsible, regulation-aligned platform for both individual and institutional participants.

By maintaining strict adherence to global compliance expectations, Chobes Digital Asset Center continues to advance its mission of combining innovation with integrity — shaping a brand defined by transparency and trust.

About Chobes Digital Asset Center

Chobes Digital Asset Center is a global digital asset infrastructure platform focused on compliance, security, and intelligent trading solutions.
Through its governance-driven operations and commitment to transparency, Chobes continues to promote responsible innovation and strengthen user trust across the digital financial ecosystem.

Further Information and Official Resources:
https://www.chobes.digital
https://www.chobes-digital.com
https://www.chobes-overview.com
https://www.chobes-inspect.info
https://www.chobes-asset.center

Media Contact

Organization: Chobes

Contact Person: Nicole Foster

Website: https://chobes.com/

Email: Send Email

Country:United States

Release id:36529

The post Chobes Digital Asset Center Advances Global Compliance Strategy appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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