Highlighting technological advancements, innovation in business models, and the impact of disruptive technologies on industries and markets.
PickMe is set to launch a new feature on its platform, facilitating the delivery of spirits and soft liquor during the holiday season. This expansion integrates a significant economic sector into its technology-driven service offerings, ensuring secure and efficient merchant-to-customer transactions. The company has developed a robust technological solution, supported by standard operating procedures, to
The 10th Annual Cyber Security Summit 2024, a landmark event in Sri Lanka’s cybersecurity calendar, was held on 25 and 26 November at the Cinnamon Grand Colombo, with Visa as its Strategic Partner for the sixth consecutive year. This milestone summit brought together global and local cybersecurity experts to address critical challenges arising from Sri
A series of sophisticated cyberattacks on two leading Sri Lankan corporates and a key government entity have exposed the nation’s weak cybersecurity defenses, according to a report by local cybersecurity firm Secualyze. The attacks were attributed to SideWinder APT, a well-known nation-state threat actor, targeting prominent organizations such as Cargills and Coca-Cola. The operation used
Imagine this: your organization’s operations grind to a halt due to a ransomware attack. Critical systems are paralyzed, sensitive data is inaccessible, and customers are left in uncertainty. Each passing minute amplifies the damage—lost revenue, reputational harm, and eroded trust among stakeholders. Recovery costs could run into millions, with long-lasting consequences for your brand and
Sigiri.Ai, founded by Lasitha Gunasinghe, has achieved a groundbreaking milestone in Sri Lanka’s digital journey with the introduction of the first-ever Sinhala and native Tamil Large Language Models (LLMs). This transformative technology enhances natural language processing capabilities, offering unprecedented accessibility and engagement for Sinhala and Tamil speakers. To drive this initiative forward, Sigiri.Ai announced the
Dialog Enterprise, the corporate ICT solutions arm of Dialog Axiata PLC, Sri Lanka’s leading connectivity provider, has unveiled Dialog Cyber Protect Cloud, a revolutionary platform designed to transform cloud-based data backup and cybersecurity. This cutting-edge solution integrates advanced features such as cloud backup, AI-powered anti-malware, antivirus, and endpoint management into a single unified platform, simplifying
NCINGA, a global solutions provider specializing in human-centric technology, has announced its participation as a Silver Partner at the prestigious 10th Annual Cyber Security Summit. The event, jointly organized by Daily FT and CICRA Holdings, will take place from 23 to 26 November, uniting industry leaders, cybersecurity experts, and professionals for insightful sessions and innovative
The Colombo Stock Exchange (CSE), in collaboration with the U.S. Agency for International Development (USAID), SLASSCOM, and FITIS, recently hosted a forum titled “Unlocking Value via Capital Markets and Funding Options for the IT Sector.” The event focused on empowering Sri Lanka’s ICT sector by showcasing alternative funding sources and educating companies on the process
The Defence Ministry has issued a warning about the growing number of Sri Lankans, especially those staying in the United Arab Emirates (UAE), being trafficked into cyber scam centres in Myanmar. The National Anti-Human Trafficking Task Force (NAHTTF) has received reliable information that an increasing number of Sri Lankans are being recruited for these illegal
Curfox, the AI-powered e-commerce delivery management software developed by Parallax Technologies Ltd., has won the prestigious Gold Award in the Supply Chain and Logistics category at the 2024 National ICT Awards (NBQSA). Parallax Technologies, a leading software development company in Sri Lanka, designed Curfox to tackle high return rates, one of the most significant challenges