Singapore-based offshore vessel owner and operator Vallianz was the target of a cyberattack, resulting in unauthorized access to the company’s servers. The firm and its parent company, Rawabi Holding Company Limited, responded promptly by containing the incident, activating their business continuity plan, and involving external experts. Despite the attack, preliminary assessments indicate minimal impact on business operations, with ongoing investigations and updates to follow. Shareholders are advised to exercise caution, while another Singaporean company, PSC Corp, reported minimal operational impact from a similar incident.
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Russia Pushes Back Ukraine’s Offensive With Drones and North Korean Troops
Russian and North Korean forces have made significant advances in the Kursk region of Russia, threatening Ukraine's supply lines and hold on territory. The joint forces, utilizing well-trained drone units and artillery fire, have overwhelmed Ukrainian positions, leading to casualties and potential retreat. Despite initial gains by Ukrainian forces last summer, recent setbacks in Kursk have weakened their position, with North Korean soldiers playing a significant role in the latest wave of attacks. Full Article
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