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Armenian company brings the internet of things to fashion

Armenian Mind, a company based in Armenia and known for producing smart wallets, is now looking to expand production to other accessories. The company is currently in negotiations with three major global brands, including French haute couture brands. To this end, engineers from the firm are visiting potential partners to …

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Uzbektelecom and Kazakhtelecom to jointly develop IoT products

National operators from Uzbekistan and Kazakhstan are joining forces to create internet of things (IoT) products. Uzbektelecom and Kazakhtelecom have exchanged plans for the development of infrastructure as well as for the overall coordination in the information and communications market. Both sides hope that this will lead to a fruitful …

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How one Kazakh company is capturing the global IoT market

Kazakh companies have become actively involved in the development and introduction of new technologies in recent years, especially those related to the internet of things (IoT). One of them, OrionM2M, has even become a major player in the global IoT market. The company sprang out of CityConnect Group, which provides …

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State of IoT in Kazakhstan

In Kazakhstan, the internet of things (IoT) has been long-discussed. The state has even assessed the importance of this sphere, developing 9 fundamental standards in 2015 and 2016 as well as taking on several IoT projects. The state, through its choices in both standards and selected projects, has determined that …

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American company bringing IoT solutions to Uzbekistan

The American company Teoco is bringing internet of things (IoT) solutions to Uzbekistan and helping the country use technology to become “Smarter”. Previously, Teoco had worked in Mumbai on the ‘Smart City’ project, which placed sensors and cameras around the city and integrated them with social networks as a way …

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Kaz’Hack’Stan 2018 outlines changing digital landscape in Kazakhstan

In October 2018, Almaty hosted the second annual Kaz’Hack’Stan Conference. The Conference, devoted to practical issues in the field of information security, included panel discussions, example cases from information security experts and booths designed allow users to enhance their practical skills. During the panel discussions, speakers discussed current issues related …

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Kazakhstan begins laying financial sector cybersecurity foundation

Participants in the Kazakhstani financial system are faced with new technological challenges that they are unable to adequately face alone. However, the industry is struggling to confront them as a whole, putting individual interests ahead of the interests of the whole system. This has led to a situation where digital …

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The state of cyber-attacks in Kazakhstan

In 2017, cyber-attacks caused at least USD 1 million in damage to Kazakhstanis. The exact extent of damages is unknown due to the lack of open data; however, some estimates put the figure several times higher than USD 1 million. Last year, Kazakhstan ranked 6th in the world in terms …

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17% of Uzbek users face cyber-attacks each month

It’s no secret that cybercrime in the world is developing at a rapid pace, with cybercriminals becoming better in their attacks and in ways to tricking people and systems. In Uzbekistan in the second quarter of 2018, 26% of internet users faced at least one cyber-attack, down from 31.52% in …

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Kyrgyzstan in top 5 for cryptocurrency attacks

Kaspersky Lab has completed a study that shows that Kyrgyzstan ranks in the top 5 in the world for cryptocurrency attacks. According to the study, hackers stole more than USD 2.3 million in cryptocurrency attacks just in the second quarter of 2018. It was reported that attackers convince user to …

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The problem of hidden mining in Uzbekistan

One of the most common cyber threats in Uzbekistan is hidden mining. Although there are still threats associated with the more traditional unknown downloading and installation of a mining program onto user computers, hackers and programmers have become more ingenious in recent years. Uzcert and ESET (a company specialized in …

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Azerbaijan updates cryptographic keys

Azerbaijan has announced the replacement of cryptographic keys that serve as protection for domain name systems (DNS). Cryptographic keys, first introduced in 2010, are responsible for the security and integrity of internet addresses. In Azerbaijan, this is for websites that end in “.az”, including those ending in “.com.az” and “.edu.az”. …

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Number of cyberattacks on Kazakh banks increasing

Evgeni Pitolin, managing director of Kaspersky Lab in Central Asia and Mongolia, has stated that the number of cyber-attacks on Kazakh banks has increased in 2018, becoming even more complex and targeted than in years past. As a result of these attacks and similar attacks against other industries, the government …

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State use of biometric data: good or bad?

Biometric data is being harnessed the world over as a way of identifying us and protecting us from the fraudulent use of our personal information. And governments around the globe are making good use of such data. For example, India’s Aadhaar system, which makes use of biometric data to get …

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Azerbaijan developing national cybersecurity strategy

The government of Azerbaijan has announced the development of a national cybersecurity strategy. The strategy, an initiative of the Ministry of Transport, Communications and High Technologies, envisages setting up a coordinating commission in the field of information security and bringing in the most advanced experience. Once fully-developed, the strategy will …

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Cash vs card: Kyrgyzstan’s move towards non-cash payments

Kyrgyzstan has traditionally been a cash-based society, with many preferring the comfort of the familiar paper currency to digital alternatives. In fact, many Kyrgyzstanis are reluctant to use cards, mostly using them to withdraw cash rather than to pay directly for services with them. However, recent efforts to build a …

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Converse bank to support FinTech startups in Armenia

Converse Bank will support several FinTech startups that participated at the ‘Sevan Startup Summit 2018’. The bank will prioritize innovative thinking and the introduction of novel approaches in the economy. In particular, it was mentioned that Converse Bank was willing to discuss and implement specific projects with FinTech companies to …

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Online portal to let Tashkent residents decide on city spending

Following a presidential decree on introducing a special management system for the city of Tashkent, residents of Tashkent will have the opportunity to decide how to spend city funds by going to a special online portal. The online portal will allow residents to put forth proposals, vote on which projects …

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Uzbek Muslims can now pay Waqf via internet, mobile devices

The company Click has partnered with charitable organization Waqf to provide Muslims the opportunity to make religious-based payments via the internet and cellular communication devices, meaning that Muslim users can now fulfill compulsory and other payments in accordance with the canons of Islam at any time and in any place. …

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Uzbekistan to create blockchain-based ticket sales system

Following a presidential decree regarding measures to innovate the development of culture and art in Uzbekistan, blockchain technology will be introduced into the system of ticket sales for cultural and art institutions. The Ministry of Culture and the Foundation for the Development of Culture and Arts have been tasked to …

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