Cybellum launches the world’s first Cyber Digital Twins platform to protect vehicles from cyber threats as automotive attack landscape rapidly expands

TEL AVIV, Israel, Feb. 24, 2021 /PRNewswire/ — Cybellum today announces the launch of the very first automotive Cyber Digital Twins platform to combat the rising cyber risk to connected vehicles. The state of the art risk assessment platform allows manufacturers to map and trace hundreds of thousands of potential cyber vulnerabilities in the software that…

TEL AVIV, Israel, Feb. 24, 2021 /PRNewswire/ — Cybellum today announces the launch of the very first automotive Cyber Digital Twins platform to combat the rising cyber risk to connected vehicles. The state of the art risk assessment platform allows manufacturers to map and trace hundreds of thousands of potential cyber vulnerabilities in the software that runs a vehicle, and present the software ‘fix’, to maintain security throughout its lifecycle.

This latest development in the automotive security industry comes alongside a sharp rise in the potential threat landscape associated with connected vehicles. Indeed, industry predictions suggest that over 620 million connected cars will be on the roads within three years, each collecting as much as 25GB of personal data every hour.

As such, the introduction of Cybellum’s best-in-class risk assessment platform comes at a time when the wider industry is tightening regulations for manufacturers to ensure the ongoing safety and security of vehicles. In the coming months, new stringent standards, designed to drive cyber responsibility throughout the automotive supply chain, are being introduced to address growing concerns about vehicle protection. Until now, automotive manufacturers have had very limited visibility into the software that operates within their vehicles. Now, Cybellum’s Cyber Digital Twins platform enables them to ‘look under the hood’, pin-point cyber vulnerabilities, and mitigate the risk across every step of the supply chain. This is a revolution in automotive cybersecurity, that helps car manufacturing companies remain compliant and secured, at scale.

The unique platform maps each component of a vehicle that could potentially be at risk and creates an identical digital replica of the make-up and structure of its software. This includes a full list of open source, proprietary and commercial software, operating systems and any encryptions that might have been used by suppliers. This identical digital replica remains in the service of the manufacturing company, long after a vehicle has left the factory floor, allowing for ongoing monitoring and risk mitigation throughout a vehicle’s lifecycle.

Slava Bronfman, CEO & Co-founder of Cybellum, said:

«When people think of potential cybersecurity risks, they think of their personal devices – like phones, laptops or gaming devices. Today’s car needs to be thought of as an even more vulnerable and potentially more dangerous extension of these devices.

«The modern car runs on thousands of software lines of code, is connected to the internet and eventually stores a huge amount of personal data. As such, it is imperative that manufacturers and cyber experts now work together to make sure no software vulnerability goes unnoticed before a product makes it to the market.

«The manufacturing process involves a complex chain of suppliers right down to the smallest components that allow the vehicles we drive to function. This means looking for the source of a cybersecurity risk often feels like searching for a needle in a haystack. With the launch of our Cyber Digital Twins platform manufacturers can now gain control over their risk assessment and mitigation, from design to production and beyond.

«This is a new era for car manufacturers and Cybellum is happy to partner with some of the biggest brands to ensure their cars are secured and ready to hit the road.»

About Cybellum

Cybellum empowers automotive OEMs and suppliers to identify and remediate security risks at scale, throughout the entire vehicle life cycle. Our agentless solution scans embedded software components without needing access to their source code, exposing all cyber vulnerabilities. Manufacturers can then take immediate actions to eliminate any cyber risk in the development and production process, before any harm is done, while continuously monitoring for emerging threats impacting vehicles on the road. Read more at www.cybellum.com

References

* https://www.am-online.com/news/manufacturer/2020/06/04/cyber-attacks-on-connected-cars-rise-by-99   

*IHS Markit – Automotive Cybersecurity Market Takeoff Report – April 2020

Notes To Editors

To find out more about Cybellum, coordinate an interview, or to book a demo of the platform please contact cybellum@withpr.com / +44 (0)2072497769

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SOURCE Cybellum

After Hardware Shipments Drop 28% in 2020, Automakers Look to Niche Applications for the Aftermarket’s Lifeline

LONDON, Feb. 24, 2021 /PRNewswire/ — Sales and revenues in the aftermarket for automotive applications have been threatened by almost ubiquitous OEM embedded systems, free smartphone applications that replace automotive hardware (e.g., Waze), and inadequate retail strategies. After a drop of 28% in 2020, fostered by the COVIID-19 pandemic, aftermarket hardware shipments will grow by only 12% until 2026, finds global tech market advisory firm ABI Research.

<div…

LONDON, Feb. 24, 2021 /PRNewswire/ — Sales and revenues in the aftermarket for automotive applications have been threatened by almost ubiquitous OEM embedded systems, free smartphone applications that replace automotive hardware (e.g., Waze), and inadequate retail strategies. After a drop of 28% in 2020, fostered by the COVIID-19 pandemic, aftermarket hardware shipments will grow by only 12% until 2026, finds global tech market advisory firm ABI Research.

«The aftermarket landscape is undergoing a transformation. Multi-application devices struggle to deliver value to the consumer and are dying out, giving place to low cost dedicated hardware that fulfills niche customer requirements not addressed by OEM embedded systems or smartphones. Naturally, niche applications have a lower market opportunity. Thus, the aftermarket will experience market shrinking in the coming years, with more favorable circumstances in emerging economies,» explains Maire Bezerra, Smart Mobility & Automotive Research Analyst at ABI Research. «With the dire projections, a portion of the market will stop shipping hardware to become Telematics Service Providers (TSPs) instead, specializing in data crowdsourcing and selling data to B2B players via data marketplaces, especially in Europe with the Extended Vehicle Concept.»

Stolen vehicle tracking solutions, which accounted for 51% of aftermarket connections in 2020, vary from vehicle recovery related services only, coupled with other telematics services, or associated with an insurance policy. They have the highest adoption among all aftermarket connected car applications and are perfectly suited for countries with a unique combination of a growing economy and high theft rates, such as Brazil. The application is expected to reach 88 million subscriptions by 2026.

Consumer infotainment devices accounted for 32% of all aftermarket subscriptions and all aftermarket shipments in 2020. Unlike UBI and stolen vehicle trackers, these solutions are mostly sold via MNOs channels, such as AT&T, T-Mobile, and Verizon, and are easier to sell as they can be integrated into existing clients’ data plans for a small monthly added cost. Nevertheless, shipments are in decline due to the increase in smartphone apps and embedded systems. 

Insurance telematics made 17% of all aftermarket connected vehicle subscriptions in 2020, with a flat growth from 2019. A timid and steady rise will perpetuate in the next years because the UBI segment is yet to achieve maturity. While TSPs such as Octo Telematics and IMS use their data analytics expertise to offer insurers tools to improve driver behavior, insurers’ business models lack the required level of customer engagement to secure customer loyalty, resulting in unsatisfactory ROI.

Despite the challenges, there are opportunities in the aftermarket, especially concerning data monetization. There is a consensus that valuable driving and driver data generated from diverse data collection methods are not being used to its full potential to generate new revenue streams. Apart from notable examples such as Arity, most TSPs and insurers are still very traditional and lack the marketing approach required to create solid business models. «The transformation of the data collected into actionable knowledge that delivers value to the final consumer or increases profit, such as accurate customer churn prediction or data-driving cross-selling, is the main industry challenge. Moreover, dedicated solutions for underserved players in the value chain, such as keyless services for dealers that enable contactless test drives of vehicles pre-selected online, are a profit-making opportunity,» Bezzera concludes.

(Sample: These findings are from ABI Research’s Automotive Aftermarket Technologies and Business Models application analysis report. This report is part of the company’s Smart Mobility & Automotive research service, which includes research, data, and analyst insights. Based on extensive primary interviews, Application Analysis reports present in-depth analysis on key market trends and factors for a specific technology.

About ABI Research
ABI Research provides strategic guidance to visionaries, delivering actionable intelligence on the transformative technologies that are dramatically reshaping industries, economies, and workforces across the world. ABI Research’s global team of analysts publish groundbreaking studies often years ahead of other technology advisory firms, empowering our clients to stay ahead of their markets and their competitors. 

ABI Research提供开创性的研究和战略指导,帮助客户了解日新月异的技术。 自1990年以来,我们已与全球数百个领先的技术品牌,尖端公司,具有远见的政府机构以及创新的贸易团体建立了合作关系。 我们帮助客户创造真实的业务成果。 

For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific or visit www.abiresearch.com.

Contact Info

Global  
Deborah Petrara
Tel: +1.516.624.2558
pr@abiresearch.com

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SOURCE ABI Research

After Hardware Shipments Drop 28% in 2020, Automakers Look to Niche Applications for the Aftermarket’s Lifeline

LONDON, Feb. 24, 2021 /PRNewswire/ — Sales and revenues in the aftermarket for automotive applications have been threatened by almost ubiquitous OEM embedded systems, free smartphone applications that replace automotive hardware (e.g., Waze), and inadequate retail strategies. After a drop of 28% in 2020, fostered by the COVIID-19 pandemic, aftermarket hardware shipments will grow by only 12% until 2026, finds global tech market advisory firm ABI Research.

<div…

LONDON, Feb. 24, 2021 /PRNewswire/ — Sales and revenues in the aftermarket for automotive applications have been threatened by almost ubiquitous OEM embedded systems, free smartphone applications that replace automotive hardware (e.g., Waze), and inadequate retail strategies. After a drop of 28% in 2020, fostered by the COVIID-19 pandemic, aftermarket hardware shipments will grow by only 12% until 2026, finds global tech market advisory firm ABI Research.

ABI Research www.abiresearch.com

«The aftermarket landscape is undergoing a transformation. Multi-application devices struggle to deliver value to the consumer and are dying out, giving place to low cost dedicated hardware that fulfills niche customer requirements not addressed by OEM embedded systems or smartphones. Naturally, niche applications have a lower market opportunity. Thus, the aftermarket will experience market shrinking in the coming years, with more favorable circumstances in emerging economies,» explains Maire Bezerra, Smart Mobility & Automotive Research Analyst at ABI Research. «With the dire projections, a portion of the market will stop shipping hardware to become Telematics Service Providers (TSPs) instead, specializing in data crowdsourcing and selling data to B2B players via data marketplaces, especially in Europe with the Extended Vehicle Concept.»

Stolen vehicle tracking solutions, which accounted for 51% of aftermarket connections in 2020, vary from vehicle recovery related services only, coupled with other telematics services, or associated with an insurance policy. They have the highest adoption among all aftermarket connected car applications and are perfectly suited for countries with a unique combination of a growing economy and high theft rates, such as Brazil. The application is expected to reach 88 million subscriptions by 2026.

Consumer infotainment devices accounted for 32% of all aftermarket subscriptions and all aftermarket shipments in 2020. Unlike UBI and stolen vehicle trackers, these solutions are mostly sold via MNOs channels, such as AT&T, T-Mobile, and Verizon, and are easier to sell as they can be integrated into existing clients’ data plans for a small monthly added cost. Nevertheless, shipments are in decline due to the increase in smartphone apps and embedded systems. 

Insurance telematics made 17% of all aftermarket connected vehicle subscriptions in 2020, with a flat growth from 2019. A timid and steady rise will perpetuate in the next years because the UBI segment is yet to achieve maturity. While TSPs such as Octo Telematics and IMS use their data analytics expertise to offer insurers tools to improve driver behavior, insurers’ business models lack the required level of customer engagement to secure customer loyalty, resulting in unsatisfactory ROI.

Despite the challenges, there are opportunities in the aftermarket, especially concerning data monetization. There is a consensus that valuable driving and driver data generated from diverse data collection methods are not being used to its full potential to generate new revenue streams. Apart from notable examples such as Arity, most TSPs and insurers are still very traditional and lack the marketing approach required to create solid business models. «The transformation of the data collected into actionable knowledge that delivers value to the final consumer or increases profit, such as accurate customer churn prediction or data-driving cross-selling, is the main industry challenge. Moreover, dedicated solutions for underserved players in the value chain, such as keyless services for dealers that enable contactless test drives of vehicles pre-selected online, are a profit-making opportunity,» Bezzera concludes.

(Sample: These findings are from ABI Research’s Automotive Aftermarket Technologies and Business Models application analysis report. This report is part of the company’s Smart Mobility & Automotive research service, which includes research, data, and analyst insights. Based on extensive primary interviews, Application Analysis reports present in-depth analysis on key market trends and factors for a specific technology.

About ABI Research
ABI Research provides strategic guidance to visionaries, delivering actionable intelligence on the transformative technologies that are dramatically reshaping industries, economies, and workforces across the world. ABI Research’s global team of analysts publish groundbreaking studies often years ahead of other technology advisory firms, empowering our clients to stay ahead of their markets and their competitors. 

ABI Research提供开创性的研究和战略指导,帮助客户了解日新月异的技术。 自1990年以来,我们已与全球数百个领先的技术品牌,尖端公司,具有远见的政府机构以及创新的贸易团体建立了合作关系。 我们帮助客户创造真实的业务成果。 

For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific or visit www.abiresearch.com.

Contact Info

Global  
Deborah Petrara
Tel: +1.516.624.2558
pr@abiresearch.com

Logo – https://mma.prnewswire.com/media/276887/abi_research_logo.jpg  

NEXE Innovations Awarded Grant from the Government of British Columbia

VANCOUVER, BC, Feb. 24, 2021 /PRNewswire/ – NEXE Innovations Inc. («NEXE» or the «Company»), a leader in plant-based materials manufacturing, is pleased to announce that it has been awarded a $300,000 grant from the Province of British…

VANCOUVER, BC, Feb. 24, 2021 /PRNewswire/ – NEXE Innovations Inc. («NEXE» or the «Company»), a leader in plant-based materials manufacturing, is pleased to announce that it has been awarded a $300,000 grant from the Province of British Columbia (BC), Canada under the BC Ignite Program. This funding will support the Company’s research and development into new plant-based compostable materials in collaboration with The University of British Columbia («UBC»), and the commercialization of its single-serve beverage pod products.

«We are appreciative of this support from the Government of BC, which reflects its commitment to supporting disruptive companies in the cleantech space,» said Ash Guglani, President of NEXE. «This grant, combined with the recent Innovative Solutions Canada $1 million award from the Government of Canada further validates NEXE’s global expertise in biopolymer technology and supports our vision of eliminating single use plastic across the globe.»

The BC Ignite program is part of the Government of British Columbia’s strategy to help companies to grow, create jobs, and commercialize new technologies in BC. In addition to providing funding, Innovate BC’s mandate is to build the capacity of BC companies to access global markets and attract new investment. NEXE was one of three winners of Round 9 of the BC Ignite Program.

«We’re excited to help supercharge game-changing innovation. Past winners have solved billion-dollar market problems that companies like Goodyear have tried to solve for 50 years.» said Raghwa Gopal, President + CEO, Innovate BC

«Innovation is one of the pillars of economic growth and will become increasingly important as we rebuild from the impacts of COVID. These companies are producing breakthrough technologies that will help protect the environment, stimulate the economy, and benefit people’s lives.» said Ravi Kahlon, Minister of Jobs, Economic Recovery and Innovation

NEXE is also pleased to announce that it has now received approximately $8.5M from warrant exercises to date in addition to the $14.2M that the Company raised in its December 2020 financing. The company is fully funded to fulfill its projected capital requirements for the next 12 months as it scales up manufacturing of its compostable single-serve beverage pods.

About NEXE Innovations Inc.

NEXE Innovations Inc. is a leader in plant-based compostable technology and advanced materials manufacturing based in British Columbia, Canada. The company has developed one of the only patented, fully compostable, plant-based, single-serve coffee pods for use in leading single-serve coffee machines. The proprietary NEXE pod is designed to reduce the significant environmental impact caused by single-serve pods,  >40 billion of which are discarded every year. With over $35M raised to date from equity and government funding and over five years of R&D, NEXE is well-positioned to meet the growing demand for environmentally friendly and sustainable products in the single-serve coffee sector and beyond.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Social Media

https://twitter.com/nexeinnovations
https://www.facebook.com/nexeinnovations

https://www.linkedin.com/company/nexeinnovations

https://www.instagram.com/nexeinnovations

Cautionary Note Regarding Forward-Looking Statements

Certain statements in this release are forward-looking statements or information, which include the proposed use of proceeds, commercialization of the NEXE PODs, including the NEXE Nespresso Compatible Pod, development of the NEXE Mask, and increase production capacity, create other environmentally friendly compostable packaging opportunities, development of technologies, the potential of the Company’s technology, future plans, regulatory approvals and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as «may», «expect», «estimate», «anticipate», «intend», «believe» and «continue» or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, business, economic and capital market conditions, the ability to manage operating expenses, consumer demand for and sentiment towards the Company’s products, security threats, and dependence on key personnel. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the demand for its products, anticipated costs, and the ability to achieve goals. Factors that could cause the actual results to differ materially from those in forward-looking statements include, failure to obtain regulatory approval, the continued availability of capital and financing, equipment failures, litigation, increase in operating costs, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate, competition, failure of counterparties to perform their contractual obligations, government regulations, loss of key employees and consultants, and general economic, market or business conditions.  Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information.

The forward-looking statements contained in this news release are made as of the date of this news release.  Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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SOURCE Nexe Innovations Inc.

WizKids anuncia nuevas ofertas de productos para Dungeons & Dragons y Magic: The Gathering

Amplía su oferta de categoría de productos con el publicador de juegos Wizards of the Coast 

HILLSIDE, N.J., 24 de febrero de 2021 /PRNewswire/ — WizKids, destacado fabricante de miniaturas premium pre-pintadas y juegos de mesa, anunció hoy las expansiones a su amplia línea de productos para el popular juego de rol Dungeons & Dragons y el juego de cartas de estrategia Magic: The Gathering. Está previsto que los nuevos productos lleguen a las estanterías de todo el mundo a principios de…

Amplía su oferta de categoría de productos con el publicador de juegos Wizards of the Coast 

HILLSIDE, N.J., 24 de febrero de 2021 /PRNewswire/ — WizKids, destacado fabricante de miniaturas premium pre-pintadas y juegos de mesa, anunció hoy las expansiones a su amplia línea de productos para el popular juego de rol Dungeons & Dragons y el juego de cartas de estrategia Magic: The Gathering. Está previsto que los nuevos productos lleguen a las estanterías de todo el mundo a principios de 2021.

 

WizKids official logo

 

Los seguidores y jugadores de las franquicias populares ya pueden hacer crecer su arsenal de accesorios de juegos y productos de estilo de vida y demostrar así su seguimiento a sus marcas más queridas gracias a la llegada de líneas de productos nuevos y bajo demanda. Las categorías de productos que se presentan por vez primera incluyen figuras de acción, réplicas de utilería, prendas y también accesorios de juegos como mapas, tableros de batalla, bolsas, estuches de transporte y mucho más.

«Como jugadores y seguidores de estos dos juegos populares, estamos emocionados por el hecho de haber creado productos dinámicos que van a mejorar la experiencia de los jugadores para los seguidores de estas franquicias tan admiradas», afirmó Justin Ziran, director general de WizKids.

WizKids ofrecerá además pinturas de marca y de alta calidad y suministro de pintura como compañía para su línea de gran éxito Nolzur’s Marvelous Miniatures, diseñada para todos los niveles de experiencia de pintura. Adicionalmente, WizKids añade su gama miniaturas en armazón sin pintar y de alta gama para pintores de miniaturas de nivel intermedio y veteranos.

«Nos emociona el hecho de expandir nuestra asociación estratégica con WizKids para integrar a D&D y a Magic. Al hacer crecer la variedad de productos disponibles dentro de las categorías clave, mejoraremos aún más la experiencia de nuestros seguidores en la mesa de juego, ofreciendo nuevos artículos de colección y de productos de estilo de vida para mostrar su fandom a sus amigos y familiares», explicó Ann Earp, directora de licencias de Wizards of the Coast. «La calidad del producto de WizKids y su capacidad para aprovechar todo aquello que buscan los aficionados ha hecho crecer nuestro negocio de forma exponencial para D&D, y esperamos que consigan el mismo éxito gracias a los productos y accesorios Magic: The Gathering«.

Las categorías ampliadas incluyen:

  • D&D miniaturas en armazón: miniaturas en armazón premium, sin pintar de poliestireno de alto impacto (HIPS), sin montar y sin imprimación
  • D&D figuras de acción
  • D&D línea de pintura
  • D&D y Magic: The Gathering artefactos y replicas
  • D&D accesorios: tableros de batalla, mapas, bolsas y estuches de transporte

Estas nuevas categorías de productos se unirán a las líneas anteriormente anunciadas de modelos de papel y miniaturas en 2D.

Visite WizKids.com si desea más información en las próximas semanas.

¿Quiere llevar a cabo la comercialización de productos WizKids? Contacte hoy con alguno de nuestros numerosos distribuidores

Contacto de RR.PP.:
Sara Jenkins
saraj@wizkids.com
WizKids.com

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IBM Security Report: Attacks on Industries Supporting COVID-19 Response Efforts Double

CAMBRIDGE, Massachusetts, Feb. 24, 2021 /PRNewswire/ — IBM (NYSE: IBM) Security today released the

CAMBRIDGE, Massachusetts, Feb. 24, 2021 /PRNewswire/ — IBM (NYSE: IBM) Security today released the 2021 X-Force Threat Intelligence Index highlighting how cyberattacks evolved in 2020 as threat actors sought to profit from the unprecedented socioeconomic, business and political challenges brought on by the COVID-19 pandemic. In 2020, IBM Security X-Force observed attackers pivoting their attacks to businesses for which global COVID-19 response efforts heavily relied, such as hospitals, medical and pharmaceutical manufacturers, as well as energy companies powering the COVID-19 supply chain.

IBM Corporation logo.

According to the new report, cyberattacks on healthcare, manufacturing, and energy doubled from the year prior, with threat actors targeting organizations that could not afford downtime due to risks of disrupting medical efforts or critical supply chains. In fact, manufacturing and energy were the most attacked industries in 2020, second only to the finance and insurance sector. Contributing to this was attackers taking advantage of the nearly 50% increase in vulnerabilities in industrial control systems (ICS), which manufacturing and energy both strongly depend on.

«In essence, the pandemic reshaped what is considered critical infrastructure today, and attackers took note. Many organizations were pushed to the front lines of response efforts for the first time – whether to support COVID-19 research, uphold vaccine and food supply chains, or produce personal protective equipment,» said Nick Rossmann, Global Threat Intelligence Lead, IBM Security X-Force. «Attackers’ victimology shifted as the COVID-19 timeline of events unfolded, indicating yet again, the adaptability, resourcefulness and persistence of cyber adversaries.»

The X-Force Threat Intelligence Index is based on insights and observations from monitoring over 150 billion security events per day in more than 130 countries. In addition, data is gathered and analyzed from multiple sources within IBM, including IBM Security X-Force Threat Intelligence and Incident Response, X-Force Red, IBM Managed Security Services, and data provided by Quad9 and Intezer, both of which contributed to the 2021 report.

Some of the report’s key highlights include:

  • Cybercriminals Accelerate Use of Linux Malware – With a 40% increase in Linux-related malware families in the past year, according to Intezer, and a 500% increase in Go-written malware in the first six months of 2020, attackers are accelerating a migration to Linux malware, that can more easily run on various platforms, including cloud environments.
  • Pandemic Drives Top Spoofed Brands – Amid a year of social distancing and remote work, brands offering collaboration tools such as Google, Dropbox and Microsoft, or online shopping brands such as Amazon and PayPal, made the top 10 spoofed brands in 2020. YouTube and Facebook, which consumers relied on more for news digestion last year, also topped the list. Surprisingly, making an inaugural debut as the seventh most commonly impersonated brand in 2020 was Adidas, likely driven by demand for the Yeezy and Superstar sneaker lines.
  • Ransomware Groups Cash In On Profitable Business Model – Ransomware was the cause of nearly one in four attacks that X-Force responded to in 2020, with attacks aggressively evolving to include double extortion tactics. Using this model, X-Force assesses Sodinokibi – the most commonly observed ransomware group in 2020 – had a very profitable year. X-Force estimates that the group made a conservative estimate of over $123 million in the past year, with approximately two-thirds of its victims paying a ransom, according to the report.

Investment in Open-Source Malware Threatens Cloud Environments
Amid the COVID-19 pandemic, many businesses sought to accelerate their cloud adoption. «In fact, a recent Gartner survey found that almost 70% of organizations using cloud services today plan to increase their cloud spending in the wake of the disruption caused by COVID-19.» 1 But with Linux currently powering 90% of cloud workloads and the X-Force report detailing a 500% increase in Linux-related malware families in the past decade, cloud environments can become a prime attack vector for threat actors.

With the rise in open-source malware, IBM assesses that attackers may be looking for ways to improve their profit margins – possibly reducing costs, increasing effectiveness and creating opportunities to scale more profitable attacks. The report highlights various threat groups such as APT28, APT29 and Carbanak turning to open-source malware, indicating that this trend will be an accelerator for more cloud attacks in the coming year.

The report also suggests that attackers are exploiting the expandable processing power that cloud environments provide, passing along heavy cloud usage charges on victim organizations, as Intezer observed more than 13% new, previously unobserved code in Linux cryptomining malware in 2020.

With attackers’ sights set on clouds, X-Force recommends that organizations should consider a zero-trust approach to their security strategy. Businesses should also make confidential computing a core component of their security infrastructure to help protect their most sensitive data – by encrypting data in use, organizations can help reduce the risk of exploitability from a malicious actor, even if they’re able to access their sensitive environments.

Cybercriminals Disguised as Celebrity Brand
The 2021 report highlights that cybercriminals opted to disguise themselves most often as brands that consumers trust. Considered one of the most influential brands in the world, Adidas appeared attractive to cybercriminals attempting to exploit consumer demand to drive those looking for coveted sneakers to malicious websites designed to look like legitimate sites. Once a user visited these legitimate-looking domains, cybercriminals would either seek to carry out online payment scams, steal users’ financial information, harvest user credentials, or infect victims’ devices with malware.

The report indicates that the majority of Adidas spoofing is associated with the Yeezy and Superstar sneaker lines. The Yeezy line alone reportedly pulled in $1.3 billion in 2019 and was one of the top selling sneakers for the sportswear manufacturing giant. It’s likely that, with the hype for the next sneaker release in early 2020, attackers leveraged the demand of the money-making brand to make their own profit.

Ransomware Dominates 2020 as Most Common Attack
According to the report, in 2020 the world experienced more ransomware attacks compared to 2019, with nearly 60% of ransomware attacks that X-Force responded to using a double extortion strategy whereby attackers encrypted, stole and then threatened to leak data, if the ransom wasn’t paid. In fact, in 2020, 36% of the data breaches that X-Force tracked came from ransomware attacks that also involved alleged data theft, suggesting that data breaches and ransomware attacks are beginning to collide.

The most active ransomware group reported in 2020 was Sodinokibi (also known as REvil), accounting for 22% of all ransomware incidents that X-Force observed. X-Force estimates that Sodinokibi stole approximately 21.6 terabytes of data from its victims, that nearly two-thirds of Sodinokibi victims paid ransom, and approximately 43% had their data leaked – which X-Force estimates resulted in the group making over $123 million in the past year.

Like Sodinokibi, the report found that the most successful ransomware groups in 2020 were focused on also stealing and leaking data, as well as creating ransomware-as-a-service cartels and outsourcing key aspects of their operations to cybercriminals that specialize in different aspects of an attack. In response to these more aggressive ransomware attacks, X-Force recommends that organizations limit access to sensitive data and protect highly privileged accounts with privileged access management (PAM) and identity and access management (IAM).

Additional key findings in the report include:

  • Vulnerabilities Surpass Phishing as Most Common Infection Vector – The 2021 report reveals that the most successful way victim environments were accessed last year was scanning and exploiting for vulnerabilities (35%), surpassing phishing (31%) for the first time in years.
  • Europe Felt the Brunt of 2020 Attacks – Accounting for 31% of attacks X-Force responded to in 2020, per the report, Europe experienced more attacks than any other region, with ransomware rising as the top culprit. In addition, Europe saw more insider threat attacks than any other region, seeing twice as many such attacks as North America and Asia combined.

The report features data IBM collected in 2020 to deliver insightful information about the global threat landscape and inform security professionals about the threats most relevant to their organizations. To download a copy of the X-Force Threat Intelligence Index 2021, please visit: https://www.ibm.biz/threatindex2021   

About IBM Security
IBM Security offers one of the most advanced and integrated portfolios of enterprise security products and services. The portfolio, supported by world-renowned IBM Security X-Force research, enables organizations to effectively manage risk and defend against emerging threats. IBM operates one of the world’s broadest security research, development and delivery organizations, monitors 150 billion+ security events per day in more than 130 countries, and has been granted more than 10,000 security patents worldwide. For more information, please check www.ibm.com/security, follow @IBMSecurity on Twitter or visit the IBM Security Intelligence blog.

Press Contact
Georgia Prassinos
IBM Security Media Relations
gprassinos@ibm.com

____________________

1 Gartner Press Release, Gartner Forecasts Worldwide Public Cloud End-User Spending to Grow 18% in 2021, 17 November 2020

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FONTE IBM

IBM Security Report: Attacks on Industries Supporting COVID-19 Response Efforts Double

CAMBRIDGE, Mass., Feb. 24, 2021 /PRNewswire/ — IBM (NYSE: IBM) Security today released the 2021…

CAMBRIDGE, Mass., Feb. 24, 2021 /PRNewswire/ — IBM (NYSE: IBM) Security today released the 2021 X-Force Threat Intelligence Index highlighting how cyberattacks evolved in 2020 as threat actors sought to profit from the unprecedented socioeconomic, business and political challenges brought on by the COVID-19 pandemic. In 2020, IBM Security X-Force observed attackers pivoting their attacks to businesses for which global COVID-19 response efforts heavily relied, such as hospitals, medical and pharmaceutical manufacturers, as well as energy companies powering the COVID-19 supply chain.

According to the new report, cyberattacks on healthcare, manufacturing, and energy doubled from the year prior, with threat actors targeting organizations that could not afford downtime due to risks of disrupting medical efforts or critical supply chains. In fact, manufacturing and energy were the most attacked industries in 2020, second only to the finance and insurance sector. Contributing to this was attackers taking advantage of the nearly 50% increase in vulnerabilities in industrial control systems (ICS), which manufacturing and energy both strongly depend on.

«In essence, the pandemic reshaped what is considered critical infrastructure today, and attackers took note. Many organizations were pushed to the front lines of response efforts for the first time – whether to support COVID-19 research, uphold vaccine and food supply chains, or produce personal protective equipment,» said Nick Rossmann, Global Threat Intelligence Lead, IBM Security X-Force. «Attackers’ victimology shifted as the COVID-19 timeline of events unfolded, indicating yet again, the adaptability, resourcefulness and persistence of cyber adversaries.»

The X-Force Threat Intelligence Index is based on insights and observations from monitoring over 150 billion security events per day in more than 130 countries. In addition, data is gathered and analyzed from multiple sources within IBM, including IBM Security X-Force Threat Intelligence and Incident Response, X-Force Red, IBM Managed Security Services, and data provided by Quad9 and Intezer, both of which contributed to the 2021 report.

Some of the report’s key highlights include:

  • Cybercriminals Accelerate Use of Linux Malware – With a 40% increase in Linux-related malware families in the past year, according to Intezer, and a 500% increase in Go-written malware in the first six months of 2020, attackers are accelerating a migration to Linux malware, that can more easily run on various platforms, including cloud environments.
  • Pandemic Drives Top Spoofed Brands – Amid a year of social distancing and remote work, brands offering collaboration tools such as Google, Dropbox and Microsoft, or online shopping brands such as Amazon and PayPal, made the top 10 spoofed brands in 2020. YouTube and Facebook, which consumers relied on more for news digestion last year, also topped the list. Surprisingly, making an inaugural debut as the seventh most commonly impersonated brand in 2020 was Adidas, likely driven by demand for the Yeezy and Superstar sneaker lines.
  • Ransomware Groups Cash In On Profitable Business Model – Ransomware was the cause of nearly one in four attacks that X-Force responded to in 2020, with attacks aggressively evolving to include double extortion tactics. Using this model, X-Force assesses Sodinokibi – the most commonly observed ransomware group in 2020 – had a very profitable year. X-Force estimates that the group made a conservative estimate of over $123 million in the past year, with approximately two-thirds of its victims paying a ransom, according to the report.

Investment in Open-Source Malware Threatens Cloud Environments
Amid the COVID-19 pandemic, many businesses sought to accelerate their cloud adoption. «In fact, a recent Gartner survey found that almost 70% of organizations using cloud services today plan to increase their cloud spending in the wake of the disruption caused by COVID-19.» 1 But with Linux currently powering 90% of cloud workloads and the X-Force report detailing a 500% increase in Linux-related malware families in the past decade, cloud environments can become a prime attack vector for threat actors.

With the rise in open-source malware, IBM assesses that attackers may be looking for ways to improve their profit margins – possibly reducing costs, increasing effectiveness and creating opportunities to scale more profitable attacks. The report highlights various threat groups such as APT28, APT29 and Carbanak turning to open-source malware, indicating that this trend will be an accelerator for more cloud attacks in the coming year.

The report also suggests that attackers are exploiting the expandable processing power that cloud environments provide, passing along heavy cloud usage charges on victim organizations, as Intezer observed more than 13% new, previously unobserved code in Linux cryptomining malware in 2020.

With attackers’ sights set on clouds, X-Force recommends that organizations should consider a zero-trust approach to their security strategy. Businesses should also make confidential computing a core component of their security infrastructure to help protect their most sensitive data – by encrypting data in use, organizations can help reduce the risk of exploitability from a malicious actor, even if they’re able to access their sensitive environments.

Cybercriminals Disguised as Celebrity Brand
The 2021 report highlights that cybercriminals opted to disguise themselves most often as brands that consumers trust. Considered one of the most influential brands in the world, Adidas appeared attractive to cybercriminals attempting to exploit consumer demand to drive those looking for coveted sneakers to malicious websites designed to look like legitimate sites. Once a user visited these legitimate-looking domains, cybercriminals would either seek to carry out online payment scams, steal users’ financial information, harvest user credentials, or infect victims’ devices with malware.

The report indicates that the majority of Adidas spoofing is associated with the Yeezy and Superstar sneaker lines. The Yeezy line alone reportedly pulled in $1.3 billion in 2019 and was one of the top selling sneakers for the sportswear manufacturing giant. It’s likely that, with the hype for the next sneaker release in early 2020, attackers leveraged the demand of the money-making brand to make their own profit.

Ransomware Dominates 2020 as Most Common Attack
According to the report, in 2020 the world experienced more ransomware attacks compared to 2019, with nearly 60% of ransomware attacks that X-Force responded to using a double extortion strategy whereby attackers encrypted, stole and then threatened to leak data, if the ransom wasn’t paid. In fact, in 2020, 36% of the data breaches that X-Force tracked came from ransomware attacks that also involved alleged data theft, suggesting that data breaches and ransomware attacks are beginning to collide.

The most active ransomware group reported in 2020 was Sodinokibi (also known as REvil), accounting for 22% of all ransomware incidents that X-Force observed. X-Force estimates that Sodinokibi stole approximately 21.6 terabytes of data from its victims, that nearly two-thirds of Sodinokibi victims paid ransom, and approximately 43% had their data leaked – which X-Force estimates resulted in the group making over $123 million in the past year.

Like Sodinokibi, the report found that the most successful ransomware groups in 2020 were focused on also stealing and leaking data, as well as creating ransomware-as-a-service cartels and outsourcing key aspects of their operations to cybercriminals that specialize in different aspects of an attack. In response to these more aggressive ransomware attacks, X-Force recommends that organizations limit access to sensitive data and protect highly privileged accounts with privileged access management (PAM) and identity and access management (IAM).

Additional key findings in the report include:

  • Vulnerabilities Surpass Phishing as Most Common Infection Vector – The 2021 report reveals that the most successful way victim environments were accessed last year was scanning and exploiting for vulnerabilities (35%), surpassing phishing (31%) for the first time in years.
  • Europe Felt the Brunt of 2020 Attacks – Accounting for 31% of attacks X-Force responded to in 2020, per the report, Europe experienced more attacks than any other region, with ransomware rising as the top culprit. In addition, Europe saw more insider threat attacks than any other region, seeing twice as many such attacks as North America and Asia combined.

The report features data IBM collected in 2020 to deliver insightful information about the global threat landscape and inform security professionals about the threats most relevant to their organizations. To download a copy of the X-Force Threat Intelligence Index 2021, please visit: https://www.ibm.biz/threatindex2021   

About IBM Security
IBM Security offers one of the most advanced and integrated portfolios of enterprise security products and services. The portfolio, supported by world-renowned IBM Security X-Force research, enables organizations to effectively manage risk and defend against emerging threats. IBM operates one of the world’s broadest security research, development and delivery organizations, monitors 150 billion+ security events per day in more than 130 countries, and has been granted more than 10,000 security patents worldwide. For more information, please check www.ibm.com/security, follow @IBMSecurity on Twitter or visit the IBM Security Intelligence blog.

Press Contact
Georgia Prassinos
IBM Security Media Relations
gprassinos@ibm.com

____________________

1 Gartner Press Release, Gartner Forecasts Worldwide Public Cloud End-User Spending to Grow 18% in 2021, 17 November 2020

 

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SOURCE IBM

Nobu Hotel and Restaurant to open in Elbtower Hamburg, Germany with SIGNA Real Estate

NEW YORK, Feb. 24, 2021 /PRNewswire/ — Nobu Hospitality, the global lifestyle brand founded by Nobu Matsuhisa, Robert De Niro and Meir Teper, is delighted to announce its continuing global expansion into the «Gate to the World,» Hamburg,…

NEW YORK, Feb. 24, 2021 /PRNewswire/ — Nobu Hospitality, the global lifestyle brand founded by Nobu Matsuhisa, Robert De Niro and Meir Teper, is delighted to announce its continuing global expansion into the «Gate to the World,» Hamburg, Germany.

«We are very happy to be working with SIGNA in developing the Nobu Hotel in the great city of Hamburg stated Robert De Niro and Chef Nobu Matsuhisa, Founders of Nobu Hospitality.

The Nobu Hotel and Restaurant will be located within the Elbtower, a project by SIGNA Real Estate, one of Europe’s leading property companies. The Elbtower will be a mixed-use development destination encompassing premium office space and the Nobu Hotel and Restaurant set within the tallest high-rise in the city.

Timo Herzberg, CEO SIGNA Real Estate Germany remarks, «The partnership with Nobu Hospitality in the launch of the Nobu Hotel and Restaurant Hamburg underscores the compelling Elbtower development as Northern Germany’s tallest skyscraper. Hamburg as a destination fits seamlessly within the Nobu Hotel and Restaurant collection and will be embraced by our prestigious office tenants in the Elbtower as the most exclusive destination in Hamburg

Trevor Horwell, CEO Nobu Hospitality comments, «We are extremely honoured and excited to be working with SIGNA on this unique project.  This is the first project in this growing partnership, and we are exploring other destinations with SIGNA. Hamburg is an economic powerhouse in Germany and is an exciting destination for travellers whether for business or pleasure and perfectly fits with our global clientele.   The Elbtower itself is a very special project planned as Hamburg’s world class dynamic lifestyle destination with our Nobu Hotel and Restaurant sitting as its core.»

Rising 245m and 64 stories over the River Elbe, the Elbtower is designed by celebrated architectural firm, David Chipperfield Architects, and will complete the city’s silhouette with its striking and curved façade. Forming a designed counterpoint to the famed Elbphilharmonie concert hall and serving as an entrance marker to the prestigious HafenCity district. The Elbtower will house the Nobu Hotel and Restaurant, the tower itself will be comprised of flexibly designed office spaces with unparalleled views of the city and beyond. The ground floors, with their innovative layouts, will form the hub of the Elbtower community and play a significant role in positioning the Elbtower as the most attractive place to work, sleep, eat and drink, shop and socialise in Hamburg. The offering will comprise of a variety of retail shops, restaurants, and co-working spaces. The Elbtower will add to The SIGNA Group’s portfolio of exclusive real estate properties in prime city locations around Europe.

The Nobu Hotel Elbtower Hamburg will offer 191 spaciously designed guest rooms and suites, a 200-seat Nobu restaurant, a stylish terrace bar and lounge with views of the River Elbe, and a state-of-the-art fitness and wellness facility.  In addition to the restaurant and private dining rooms, the hotel will offer sophisticated event space for corporate and social gatherings as well as an outdoor terrace. Another highlight will be a Nobu private members club for the local community where members will benefit from a private lounge with a food and beverage offering, access to the hotel’s fitness and wellness facility as well as exclusive members only events. Nobu is one of the world’s most celebrated luxury hospitality brands renowned for its award-winning «new style» Japanese cuisine and exceptional hotel offerings in the world’s most desirable locales, with heartfelt service, energized public spaces and instinctive design.

NOBU BATHROOM

 

NOBU HOSPITALITY FOUNDERS

 

THE ELBTOWER HAMBURG

 

NOBU GUEST ROOM

Video – https://mma.prnewswire.com/media/1443422/NOBU_Hotel_Hamburg.mp4
Photo – https://mma.prnewswire.com/media/1443418/Nobu_Hospitality_Bathroom.jpg
Photo – https://mma.prnewswire.com/media/1443419/Nobu_Hospitality_Founders_Robert_De_Niro_Nobu_Matsuhisa_Meir_Teper.jpg
Photo – https://mma.prnewswire.com/media/1443420/Nobu_Hospitality_Elbtower.jpg
Photo – https://mma.prnewswire.com/media/1443421/Nobu_Hospitality_Guest_Room.jpg  

Nobu Hotel and Restaurant to open in Elbtower Hamburg, Germany with SIGNA Real Estate

NEW YORK, Feb. 24, 2021 /PRNewswire/ — Nobu Hospitality, the global lifestyle brand founded by Nobu Matsuhisa, Robert De Niro and Meir Teper, is delighted to announce its continuing global expansion into the «Gate to the World,» Hamburg,…

NEW YORK, Feb. 24, 2021 /PRNewswire/ — Nobu Hospitality, the global lifestyle brand founded by Nobu Matsuhisa, Robert De Niro and Meir Teper, is delighted to announce its continuing global expansion into the «Gate to the World,» Hamburg, Germany.

«We are very happy to be working with SIGNA in developing the Nobu Hotel in the great city of Hamburg stated Robert De Niro and Chef Nobu Matsuhisa, Founders of Nobu Hospitality.

The Nobu Hotel and Restaurant will be located within the Elbtower, a project by SIGNA Real Estate, one of Europe’s leading property companies. The Elbtower will be a mixed-use development destination encompassing premium office space and the Nobu Hotel and Restaurant set within the tallest high-rise in the city.

Timo Herzberg, CEO SIGNA Real Estate Germany remarks, «The partnership with Nobu Hospitality in the launch of the Nobu Hotel and Restaurant Hamburg underscores the compelling Elbtower development as Northern Germany’s tallest skyscraper. Hamburg as a destination fits seamlessly within the Nobu Hotel and Restaurant collection and will be embraced by our prestigious office tenants in the Elbtower as the most exclusive destination in Hamburg

Trevor Horwell, CEO Nobu Hospitality comments, «We are extremely honoured and excited to be working with SIGNA on this unique project.  This is the first project in this growing partnership, and we are exploring other destinations with SIGNA. Hamburg is an economic powerhouse in Germany and is an exciting destination for travellers whether for business or pleasure and perfectly fits with our global clientele.   The Elbtower itself is a very special project planned as Hamburg’s world class dynamic lifestyle destination with our Nobu Hotel and Restaurant sitting as its core.»

Rising 245m and 64 stories over the River Elbe, the Elbtower is designed by celebrated architectural firm, David Chipperfield Architects, and will complete the city’s silhouette with its striking and curved façade. Forming a designed counterpoint to the famed Elbphilharmonie concert hall and serving as an entrance marker to the prestigious HafenCity district. The Elbtower will house the Nobu Hotel and Restaurant, the tower itself will be comprised of flexibly designed office spaces with unparalleled views of the city and beyond. The ground floors, with their innovative layouts, will form the hub of the Elbtower community and play a significant role in positioning the Elbtower as the most attractive place to work, sleep, eat and drink, shop and socialise in Hamburg. The offering will comprise of a variety of retail shops, restaurants, and co-working spaces. The Elbtower will add to The SIGNA Group’s portfolio of exclusive real estate properties in prime city locations around Europe.

The Nobu Hotel Elbtower Hamburg will offer 191 spaciously designed guest rooms and suites, a 200-seat Nobu restaurant, a stylish terrace bar and lounge with views of the River Elbe, and a state-of-the-art fitness and wellness facility.  In addition to the restaurant and private dining rooms, the hotel will offer sophisticated event space for corporate and social gatherings as well as an outdoor terrace. Another highlight will be a Nobu private members club for the local community where members will benefit from a private lounge with a food and beverage offering, access to the hotel’s fitness and wellness facility as well as exclusive members only events. Nobu is one of the world’s most celebrated luxury hospitality brands renowned for its award-winning «new style» Japanese cuisine and exceptional hotel offerings in the world’s most desirable locales, with heartfelt service, energized public spaces and instinctive design.

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SOURCE Nobu Hospitality

Alternative meat startup Next Meats Co., Ltd and microalgae biotech company euglena Co., launch «NEXT Euglena Yakiniku EX» containing microalgae

TOKYO, Feb. 12, 2021 /PRNewswire/ — Next Meats Co., LTD, the controlling shareholder of Next Meats Holdings, Inc. («OTC: NXMH«) announced that they had signed a joint product development agreement with euglena Co., a biotech company also from Japan which specializes in cultivating Euglena and Chlorella (types of microalgae) and developing the biofuel business.

It…

TOKYO, Feb. 12, 2021 /PRNewswire/ — Next Meats Co., LTD, the controlling shareholder of Next Meats Holdings, Inc. («OTC: NXMH«) announced that they had signed a joint product development agreement with euglena Co., a biotech company also from Japan which specializes in cultivating Euglena and Chlorella (types of microalgae) and developing the biofuel business.

It was announced that their first joint product «NEXT Euglena Yakiniku EX» is now available for pre-sale at the official online store of Next Meats (In Japan only).

The companies had signed a joint product development agreement in December 2020, aiming to offer consumers more sustainable diet options and lifestyle choices.

The «NEXT Euglena Yakiniku EX» is a plant-based meat containing 500 mg of Euglena and 500 mg of Chlorella extract. The product, which combines the strengths of both companies, is a plant-based meat packed with protein and a great balance of other vital vitamins and minerals. The Euglena Yakiniku EX, like all other Next Meats products, uses no artificial additives and has no cholesterol because no animal derived materials are used, and has significantly less of an environmental impact than regular meat.

Next Meats website
https://nextmeats.co.jp/en-US

euglena website
https://www.euglena.jp/en-US

Logo (PRNewsfoto/Next Meats Co., Ltd.)

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SOURCE Next Meats Co., Ltd.