V-key mobile shielding company

V-key mobile shielding company

V-key mobile shielding company: Globally Certified Mobile Security

In today’s connected world, cybersecurity is a top priority for businesses and individuals alike. With over 475 million digital experiences secured, innovative solutions are essential to protect sensitive data and ensure trust.

Singapore-based technology leaders have pioneered patented solutions to safeguard digital identity and transactions. Their V-OS App Identity establishes a Zero Trust environment, enabling secure data exchange without compromising speed or usability.

Recognized for excellence, these solutions meet stringent international standards. They serve industries like banking and super-apps, reinforcing security across global platforms.

As threats evolve, staying ahead requires expertise and cutting-edge technology. Trusted by enterprises worldwide, these innovations set the benchmark for mobile security in a fast-moving digital landscape.

Enterprise-Grade Mobile Security Solutions You Can Trust

Financial institutions face increasing risks in unprotected digital transactions. Cyberattacks targeting sensitive data cost businesses billions annually, with banking and payment apps as prime targets. Enterprises now prioritize solutions that embed security without sacrificing user experience.

Protecting Sensitive Data in a Connected World

Unsecured mobile apps expose credentials and biometrics to interception. For example, Asia’s first fully digital bank, DBS digibank, safeguards 20M+ users in India using patented encryption. Its virtual secure element replaces hardware-based security, isolating payment data from device vulnerabilities.

Tonik Bank’s CEO highlights this approach: “Traditional hardware tokens can’t match the agility of software-based protection.” Their endorsement underscores regional expertise in securing banking ecosystems against evolving threats.

Why Businesses Choose Virtual Secure Elements

Unlike physical chips, virtual secure elements enable over-the-air updates and scalable deployment. DBS’s implementation reduced costs by 40% while achieving PCI-DSS compliance. Key advantages include:

  • End-to-end encryption for biometrics and transactions
  • Zero-trust architecture for businesses operating across borders
  • Seamless integration with existing mobile apps

As digital transformation accelerates, trust in software-based security grows. Global banks now favor these solutions for their balance of protection and operational efficiency.

V-Key’s Cutting-Edge Technology: The V-OS Advantage

As digital threats grow more sophisticated, enterprises demand stronger app security. The patented V-OS platform combines seven layers of runtime protection, including code obfuscation and real-time threat detection. This multi-layered approach neutralizes 99.9% of unauthorized access attempts.

How App Shielding Stops Unauthorized Access

V-OS’s 7-layer shielding integrates Runtime Application Self-Protection (RASP) to block exploits. For example, it detects and prevents reverse engineering, a common tactic in credential stuffing. Businesses using this method report a 63% reduction in such attacks.

Key features include:

  • Dynamic code encryption to hide sensitive logic
  • Memory scraping prevention for biometric data
  • Alignment with NIST 2.0 for proactive threat prevention

Passwordless Authentication for Seamless User Experiences

Traditional passwords are vulnerable to phishing. V-OS enables FIDO2-compliant, passwordless authentication using device-bound keys. This eliminates credential theft risks while speeding up logins by 40%.

Compared to legacy MFA systems, V-OS deploys 70% faster. It also scales effortlessly across banking and super-apps, meeting Singapore’s stringent data protection laws. The result? Robust protection without compromising usability.

Meeting Global Compliance and Regulatory Standards

Security breaches cost businesses $3.79M on average, making compliance non-negotiable. Enterprises need solutions that align with frameworks like GDPR and PSD2 while mitigating emerging threats. With a 94% audit success rate, advanced protocols ensure data stays protected.

GDPR, PSD2, and Beyond: Secure by Design

Article 32 of GDPR mandates robust safeguards for personal data. Modern security controls encrypt sensitive information dynamically, meeting these requirements. For payment services, PSD2 SCARE compliance is achieved through real-time transaction shielding.

Automated audit trails simplify reporting, while quarterly penetration tests validate defenses. This reduces the risk of non-compliance penalties, which can exceed implementation costs by 300%.

Threat Intelligence to Mitigate Emerging Risks

Real-time dashboards monitor threats, alerting teams to anomalies like credential stuffing. Behavioral analysis detects zero-day exploits, complementing traditional firewalls.

Proactive measures, such as memory scraping prevention, align with NIST 2.0. For enterprises, this means fewer breaches and faster compliance certifications.

Success Stories: Securing Digital Banking and Super Apps

Award-winning Digital identity solutions are redefining trust in super-apps and digital banking. Enterprises leveraging these frameworks report measurable improvements in customer retention and operational efficiency. Below, two industry leaders demonstrate how innovation mitigates risks in high-stakes environments.

DBS digibank’s Award-Winning Security

Since its 2016 launch, DBS digibank has maintained 99.999% uptime—a benchmark for mobile app security company. Its patented virtual secure element accelerates transactions by 40% faster than industry standards. The bank’s 360-degree protection framework ensures seamless experiences across omnichannel services.

Key achievements include:

  • API security metrics blocking 98% of credential-stuffing attacks
  • Dynamic encryption for digital identity verification
  • Downloadable whitepapers detailing its architecture

Tonik Bank’s Trust in Patented Solutions

Tonik Bank’s adoption of advanced protocols boosted customer trust scores by 78%. Its CEO notes: “Validated solutions ensure compliance without compromising speed.” The bank’s super-app ecosystem now integrates real-time threat detection for mobile app security.

Notable outcomes:

  • PSD2 SCARE compliance achieved in 3 months
  • FIDO2 authentication streamlining digital identity management
  • Behavioral analytics reducing false positives by 30%

Future-Proof Your Mobile Ecosystem with V-Key

With 288B app downloads expected by 2024, enterprises need resilient solutions. A 5-year security roadmap adapts to emerging threats, backed by quarterly intelligence updates. Modular frameworks ensure seamless adoption for businesses scaling securely.

Legacy systems? Prioritize phased upgrades. Partnerships with the Singapore Cybersecurity Consortium validate defenses, while a CISO checklist measures maturity. Proactive protection starts here.

Ready to transform your strategy? Consult experts to architect a cybersecurity framework tailored to your needs.

President Dissanayake Dissolves Parliament, Calls for Elections

President Dissanayake Dissolves Parliament, Calls for Elections

President Anura Kumara Dissanayake has made a significant move in Sri Lanka’s politics by dissolving Parliament. This major step is in readiness for a snap election, abiding by the Constitutional procedure. It reflects President Dissanayake’s intent to reshape government policies to match his vision, following his election win.

President Dissanayake Dissolves Parliament, Calls for November Elections

Under Dissanayake’s lead, the National People’s Power (NPP) held just three seats in the previous 225-member assembly. Yet, this bold move sets the foundation for transforming the legislature. The Election announcement for November 14th aligns with the people’s hopes and comes almost a year ahead of the usual schedule.

Sri Lanka is currently facing tough economic hurdles, a continuation of the 2022 economic slump. Amidst this, the NPP has been vocal about fighting corruption and poverty. This push grew stronger after Dissanayake’s support surged from 3% in 2019 to winning the next election, showing his commitment to strengthening Sri Lanka’s governance. This is crucial for managing the adjustments needed for a vital IMF bailout package.

President Dissanayake’s Bold Move: Dissolving Parliament

Sri Lanka’s new president, Anura Kumara Dissanayake, made a bold move. He dissolved the government. This marks a big moment in Sri Lanka’s politics. It shows he’s serious about his campaign promises for a transparent and reformed government.

President Dissanayake signing Government dissolution documents

Dissanayake leads the National People’s Power alliance. His goal is a new election that reflects the current issues. This action isn’t just symbolic. It aligns with the public’s demands, shown by his win in the election.

A Sudden Parliamentary Decision and Its Background

Dissanayake won the presidency unexpectedly, without a clear majority at first. A second count confirmed his win. His victory in the 2024 elections was a huge leap from a small vote share in 2019. People appreciate his firm stand against corruption.

Implications for Sri Lanka’s Political Landscape

The government’s dissolution is a turning point for Sri Lanka. Snap elections are coming. These elections could change the political scene a lot. Before, the National People’s Power had few seats. The new elections can create a parliament that reflects current public desires.

This change brings hope for not just political reform but economic growth too. A World Bank report expects a 4.4% growth for Sri Lanka in 2024. Development in industry and tourism could boost the economy.

The result of this political shift aims to create a government that truly represents the people. This will shape Sri Lanka’s future political and economic paths in the years ahead.

The Anticipated Impact of the November Election

As the November election date draws near, Sri Lanka is at a crucial point. This concerns its economic and political future. The outcome of the elections is expected to have a big impact. This impact concerns both Sri Lanka’s economy and key policy reforms. These reforms are influenced by the IMF bailout terms and the governance style of the new government.

The decision to dissolve Parliament and set an election timetable is a major political update. It could change the administration’s setup. The IMF’s recent agreement to provide $2.9 billion to Sri Lanka highlights the need for urgent reforms and fiscal stability. The upcoming elections are expected to drive these reforms.

Sri Lanka’s Economy and the IMF Bailout Overhaul

Sri Lanka’s economic situation is critical, with huge foreign debts and a great need for IMF help. After the elections, it will be very important for the government to stick to the IMF bailout terms. This includes debt restructuring and systemic reforms for economic stability. Changes in policy after the November election date could alter the bailout terms. This would affect recovery paths and international economic relationships.

Prospects for Anti-Corruption and Anti-Poverty Policies

The upcoming election is key for anti-corruption policies and anti-poverty policies. The public’s desire for clean governance has made these policies very important. Proper management of these issues could greatly gain public trust and support. This could lead to a government that values transparency and fair growth.

Policy Focus Pre-Election Post-Election Forecast
Economic Stabilization High Dependency on IMF Aid Increased Self-sufficiency
Anti-Corruption Measures Initial Frameworks Set Strengthening of Institutional Mechanisms
Poverty Reduction Limited Social Programs Expansion of Social Safety Nets

This election is crucial for both the immediate economic recovery and the long-term welfare of the nation. As Sri Lanka goes through these significant changes, the whole world is watching. The November elections could mark a significant shift for this South Asian country.

Conclusion

In the landscape of Sri Lanka politics, President Dissanayake’s decision to dissolve parliament is key. This move leads to an election on November 14, 2024. Over 17 million voters are set to cast their votes. The world will watch as Sri Lanka tackles this pivotal moment amidst economic hardships. The nation’s efforts to meet IMF’s fiscal conditions are crucial for growth.

The race for 225 seats in Parliament is filled with anticipation. To gain a majority, a party needs at least 113 seats. With only three seats, the governing party faces a tough challenge. This comes after Harini Amarasuriya became the first female prime minister in decades. Her election is significant, mirroring the era of Sirimavo Bandaranaike. Additionally, steps like lowering policy rates show efforts to boost the economy without harsh austerity.

President Dissanayake’s call for November elections starts a journey to tackle corruption and poverty. With the election date near, there’s a push for effective governance. The next parliament meets on November 21, 2024. They face challenges like debt renegotiation and following IMF’s advice. The upcoming elections are watched globally, offering a chance for Sri Lanka’s recovery and political renewal.

Sri Lanka President Demands Fast Digital ID Rollout

Sri Lanka President Demands Fast Digital ID Rollout

President Anura Kumara Dissanayake of Sri Lanka wants a quick setup of the national digital identification system. He has given a tight 18-month deadline to complete this project. It is a key part of the digital governance strategy. This strategy aims to change how the nation delivers services and to strengthen the economy.

At the Sri Lanka Banks’ Association meeting, the President talked about the importance of digital projects by the government. These projects fight inefficiency and corruption. They also move the country towards a more clear and efficient economy. The effort to digitize shows President Dissanayake’s commitment, similar to Ranil Wickremesinghe‘s push for reform and innovation in state operations.

Industry experts underline the importance of digital identity in driving growth, cutting down fraud, and making things more efficient. This idea is supported by Dissanayake’s administration. Introducing the digital ID system is expected to push Sri Lanka towards better digital governance. It’s a change that will impact not just technology but also the country’s economic and social systems.

Sri Lanka President Demands Fast Digital ID Rollout

Sri Lanka’s Presidential Push for Swift Digital ID Adoption

Sri Lanka’s President is accelerating the digital ID program amidst a severe economic downturn. This 18-month project aims to improve online government services and boost financial access for all. It’s a key part of reviving Sri Lanka’s economy, with experts hopeful for significant impacts.

President Anura Kumara Dissanayake’s 18-Month Deadline

President Dissanayake has set a bold deadline to revamp digital governance. This effort seeks to upgrade Sri Lanka’s digital infrastructure. It’s seen as vital for enhancing e-government services and shaping government reform.

Streamlining Economic Recovery Through Digital Initiatives

To support these goals, a new biometric system will be put in place. It uses advanced tech for secure identity checks, from fingerprint to eye scans. This step is crucial for stronger and reliable digital governance.

Banking Sector’s Pivotal Role in Supporting Digital ID Rollout

The banking industry in Sri Lanka is set to be a key player. It will link biometric verification with everyday banking, ensuring safe and smooth electronic transactions. This move is expected to broaden financial access significantly.

Initiative Expected Impact Timeline
Digital ID Rollout Enhance security, Increase efficiency in public services 18 months
Biometric Integration in Banking Secure transactions, Greater financial inclusion Ongoing, aligned with digital ID deployment
Technology Adoption in Identity Verification Accurate and fast processing of data Initial phase in first 6 months

Sri Lanka is determined to lead in digital and biometric technology. This comprehensive digital push is aimed at overcoming economic hurdles and setting a regional benchmark.

Enhancing Digital Security and Public Awareness

In an era merging technology and governance, Sri Lanka is boosting its digital presence. It’s focusing on initiatives that increase economic growth and safeguard citizen privacy. For instance, the U.S. Embassy in Colombo and the local tech company WhimsicalWits have launched ‘Cyber Hero.’ This app aims to teach digital safety education and make users wise in their online lives.

Sri Lanka shines at 44th in the Global Services Location Index and is proactive in cybersecurity, ranking 83rd globally. With ‘Cyber Hero,’ part of the PORCH project, it addresses cyber risks and privacy issues. It aligns with the National Digital Policy, preparing for cybersecurity changes and guarding against cyber threats.

Digital literacy is crucial as Sri Lanka expands its digital ID project. U.S. Ambassador Julie Chung and Uthpala Pathirana of WhimsicalWits highlight the importance of global partnerships. They aim to raise Sri Lanka’s digital game. The National Digital Policy for 2020 – 2025 uses benchmarks like the Network Readiness Index to guide these efforts. Sri Lanka is ranked 81st out of 131 countries, pushing towards creating a digitally savvy citizenry.

Sri Lanka is integrating digital technology in public health and beyond, with over 85 major hospitals going digital. Projects like Cyber Hero showcase its dedication to progressing safely in the digital age. Its efforts to enhance healthcare through technology show a commitment to using tech for the public good. This ensures citizens are protected from digital risks.

Hans Wijayasuriya Named Chief Digital Economy Advisor

Hans Wijayasuriya Named Chief Digital Economy Advisor

Dr. Hans Wijayasuriya has been appointed as Sri Lanka’s Chief Advisor to the President on Digital Economy. His 30-year telecom career at Axiata and Telekom Malaysia positions him well for this role. This appointment marks a crucial step towards digital transformation in various sectors.

Axiata's Hans Wijayasuriya Appointed Chief Digital Economy Advisor

In 2024, Dr. Wijayasuriya received the GSMA Chairman’s Award for his mobile industry contributions. His expertise is expected to boost connectivity and economic modernization in Sri Lanka. He will play a key role in shaping the nation’s digital future.

Key Takeaways

  • Dr. Hans Wijayasuriya appointed as Chief Advisor to the President on Digital Economy
  • Over 30 years of experience in the telecommunications industry with Axiata and Telekom Malaysia
  • Received GSMA Chairman’s Award in 2024 for contributions to the global mobile industry
  • Expected to drive digital transformation initiatives and strengthen digital frameworks across sectors
  • Appointment marks a significant step towards a digital economy in Sri Lanka

Veteran Telecommunications Executive Appointed to Key Advisory Role

Dr. Hans Wijayasuriya is now Sri Lanka’s Chief Digital Economy Advisor to the President. His vast experience in digital solutions is expected to boost economic development. This move aims to strengthen the country’s digital frameworks across various sectors.

innovation ecosystem Sri Lanka

Dr. Hans Wijayasuriya’s Extensive Experience in Digital Solutions

Dr. Wijayasuriya brings rich knowledge to his new role. He was CEO of Telecommunications Business at Axiata Group Bhd. His expertise has helped grow digital economies.

His experience spans organizations like the University of Bristol and True Corporation. True Corporation is the most sustainable telecom company globally, according to S&P Global. Dr. Wijayasuriya has also served on various Board Investment Committees.

Expected to Drive Initiatives to Strengthen Digital Frameworks Across Sectors

As Chief Digital Economy Advisor, Dr. Wijayasuriya will lead initiatives to improve Sri Lanka’s digital landscape. He aims to create a thriving innovation ecosystem. His focus will be on strengthening digital frameworks in government services, finance, and healthcare.

Dr. Wijayasuriya will work on building strong public-private partnerships. This will help create a solid digital infrastructure for economic growth. His appointment is a big step towards making Sri Lanka a digital economy leader.

Axiata’s Hans Wijayasuriya Appointed Chief Digital Economy Advisor

Dr. Hans Wijayasuriya is now the Chief Advisor to the President on Digital Economy. The Presidential Media Division made this announcement. He brings over 20 years of experience in digital and telecommunications across Asia.

Transition from Role as CEO of Telecommunications Business and Group Executive Director at Axiata Group Bhd

Dr. Wijayasuriya will leave his role at Axiata Group Bhd in January 2025. He has been with the company for 30 years. Under his leadership, Dialog Axiata became a key player in Sri Lanka’s telecommunications market.

Axiata Group serves over 150 million customers in several countries. These include Malaysia, Indonesia, Bangladesh, Sri Lanka, and Cambodia. The group has contributed to Sri Lanka’s digital infrastructure development.

Dr. Wijayasuriya has received recognition for his work in the global mobile industry. In 2024, he won the GSMA Chairman’s Award. He has also served on the GSMA board of directors.

Appointment Announced by Presidential Media Division

The PMD’s announcement shows the government’s focus on digital growth. Dr. Wijayasuriya’s expertise will help strengthen Sri Lanka’s digital frameworks. This move aims to support the country’s economic modernization and growth.

His knowledge in telecommunications and technology will be valuable. The government expects to improve various sectors through digitization. This aligns with Sri Lanka’s efforts in strengthening its digital frameworks.

Mandate to Enhance Connectivity and Support Economic Modernization

Dr. Hans Wijayasuriya will lead Sri Lanka’s digital transformation as ICTA’s Non-Executive Chairman. He’ll oversee the digital transformation framework’s planning and implementation. This aligns with the government’s goal to accelerate the digital economy.

The government aims to improve citizens’ lives through Digital Public Infrastructure. This initiative promotes inclusivity and sustainable growth. Dr. Wijayasuriya’s expertise will modernize education, healthcare, and finance sectors.

His leadership at Dialog Axiata made it a key player in Sri Lanka’s telecommunications market. At Axiata Group, he served over 150 million customers across multiple countries.

Leading the Board of ICTA as Non-Executive Chairman

As ICTA’s Non-Executive Chairman, Dr. Wijayasuriya will guide efforts to enhance connectivity. He’ll support economic modernization through capacity building initiatives. This ensures necessary skills and infrastructure for digital transformation.

Challenges include updating Sri Lanka’s digital infrastructure and addressing cybersecurity concerns. Establishing appropriate regulatory frameworks is also crucial.

Future Executive Leadership Roles in Digital Economy Institutional Framework

Dr. Wijayasuriya will take on executive leadership roles in the digital economy framework. These positions will follow relevant legislative enactment. He’ll contribute to modernizing the economy and improving Sri Lankan citizens’ lives.

His decision to leave Axiata in January 2025 shows commitment to Sri Lanka’s digital agenda. This move will allow him to focus on driving the country’s digital transformation forward.

National Museum of Colombo Unveils Exhibition Showcasing Ancient Artifacts

National Museum of Colombo Unveils Exhibition Showcasing Ancient Artifacts

The National Museum of Colombo has unveiled a captivating exhibition of ancient artifacts. It showcases Sri Lanka’s rich cultural heritage through historical relics. Visitors can explore fascinating pieces from various ancient civilizations.

The Colombo National Museum, established in 1877, is a premier destination for archeological discoveries. Its diverse collection spans archaeology, anthropology, art, and ethnography. Visitors can see ancient manuscripts, regal statues, traditional masks, and historical weapons.

National Museum of Colombo Unveils Exhibition Showcasing Ancient Artifacts

The museum is open from Tuesday to Sunday. Entry fees are Rs. 500 for foreigners and Rs. 25 for local adults. Guided tours are available to enhance the visitor experience.

Photography is allowed in most areas, with some restrictions. The exhibition offers a unique journey through Sri Lanka’s vibrant history. Visitors can explore artifacts from prehistoric times to ancient civilizations.

The National Museum of Colombo is a must-visit for history and archaeology enthusiasts. It attracts visitors worldwide with its impressive collection and engaging exhibitions. The museum remains a cornerstone of Colombo tourism, showcasing Sri Lanka’s cultural tapestry.

Discover the Rich Cultural Heritage of Sri Lanka at the Colombo National Museum

Step into Sri Lanka’s vibrant past at the Colombo National Museum. Established in 1877, it’s the country’s largest and most-visited museum. It houses a wealth of artifacts showcasing the island’s fascinating history.

The museum’s collections span from ancient times to the colonial era. In the Gallery of Ancient Kings, you’ll find royal regalia and artifacts. These exhibits offer insights into Sri Lanka’s cultural tapestry and identity-shaping traditions.

Immerse Yourself in Sri Lanka’s Fascinating History

The museum provides a comprehensive educational experience about Sri Lanka’s captivating past. Exhibits range from ancient tools to rare manuscripts and colonial-era artifacts. These treasures offer a glimpse into the lives of past generations.

The museum focuses on antiquities preservation to safeguard these valuable items. This ensures future generations can appreciate and learn from Sri Lanka’s rich heritage.

Explore Diverse Collections from Ancient Civilizations to Colonial Era

Admire intricate sculptures, exquisite art, and delicate ceramics reflecting Sri Lanka’s artistic heritage. The museum houses an impressive collection of historical documents. These offer insights into the political and social dynamics of different eras.

From the ancient Anuradhapura kingdom to the Dutch colonial period, the exhibits are diverse. They paint a vivid picture of Sri Lanka’s multifaceted past through cultural exploration.

Gain Insights into the Vibrant Culture and Traditions of Sri Lanka

Visiting the Colombo National Museum is both educational and culturally immersive. The artifacts display showcases vibrant traditions that have shaped Sri Lankan society. Colorful traditional costumes and intricate masks used in ancient rituals are on display.

These exhibits offer a fascinating glimpse into Sri Lanka’s rich cultural tapestry. Visitors can gain a deeper appreciation for the diverse influences shaping Sri Lanka’s unique identity.

National Museum of Colombo Unveils Exhibition Showcasing Ancient Artifacts

The Colombo National Museum has launched an exciting exhibition. It highlights Sri Lanka’s cultural heritage and ancient civilizations. Visitors can explore diverse galleries, each offering a unique view of the country’s history.

Archaeological Gallery: A Journey Through Prehistoric Artifacts and Ancient Civilizations

The Archaeological Gallery houses a wealth of prehistoric artifacts. These items reveal ancient Sri Lankan civilizations. Stone tools, pottery, and intricate jewelry showcase the skills of early inhabitants.

The gallery’s collection spans thousands of years. Visitors can admire the craftsmanship of these ancient pieces. This experience deepens appreciation for Sri Lanka’s archaeological heritage.

Ethnographic Gallery: Celebrating the Diverse Ethnic Groups of Sri Lanka

The Ethnographic Gallery highlights Sri Lanka’s ethnic diversity. It displays artifacts, traditional attire, and multimedia exhibits. These items showcase the customs and lifestyles of various ethnic groups.

Visitors can explore cultures of Sinhalese, Tamils, Moors, and Burghers. The gallery offers insight into Sri Lanka’s cultural mosaic. It shows how different groups have shaped the country’s identity.

Art Gallery: Masterpieces by Renowned Sri Lankan Artists

The Art Gallery showcases Sri Lankan artistic talent through history. It houses paintings, sculptures, and other artworks. These pieces illustrate the evolution of Sri Lankan art over time.

Visitors can admire intricate details in masterpieces by famous artists. The gallery highlights Sri Lanka’s rich artistic heritage. It also shows art’s role in preserving culture.