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Garmin’s outage, ransomware assault response lacking as earnings loom

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Garmin’s extended-operating outage is a situation research in how not to manage an IT meltdown and cybersecurity assault and might suggest a lengthier recovery than predicted.

You can nearly odor the stress as Garmin bargains with a ransomware attack that has introduced down many methods including Garmin Join, the software program that retains knowledge on your runs, workouts and things to do as very well as production techniques and phone facilities.

In the meantime, the clock is ticking as Garmin is scheduled to report earnings on Wednesday. Customers will want solutions, but Wall Road will want additional clarity. Garmin’s achievements story and run of sturdy quarters is heading to be overshadowed by its cyberattack.

Dependent on Garmin’s disaster management since late last Wednesday, items usually are not looking so very hot. At initially, Garmin achieved the concerns with silence, then a quick Tweet noting issues. On Saturday, the organization followed up with a obscure FAQ that didn’t handle the major queries. The Garmin Hook up standing website page tells the tale.

We are at this time suffering from an outage that impacts Garmin.com and Garmin Hook up. This outage also impacts our contact centers, and we are now unable to get any phone calls, e-mails or on the web chats. We are functioning to solve this situation as immediately as probable and apologize for this inconvenience.

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Garmin Link Standing page

But the target on Garmin Connect loses the plot. I am a lengthy-time customer of Garmin and use its equipment for runs, quantified self info and now metrics this kind of as Human body Battery and Pulse Ox. Garmin may well get a status strike, but Garmin is substantially a lot more than just conditioning wearables and smartwatches. Garmin also operates significant details infrastructure for aviation and marine.

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Garmin far better hope that its woes are thanks to a ransomware attack forcing it to rebuild techniques. Garmin’s details would be of desire to a point out actor too.

In other words, Garmin obtained off straightforward this time. Up coming time, Garmin’s details could be utilised for a thing even worse. All you have to have to recall is how Strava knowledge was equipped to pinpoint troops and know how beneficial Garmin details could be.

Now the Pentagon has banned GPS gadgets, but the Strava incident gives you an thought of what is actually doable.

Garmin lays out the security and knowledge dangers in its once-a-year report:

We collect, store, method, and use individual facts and other user knowledge. Our users’ particular data may perhaps include, amid other facts, names, addresses, cellphone quantities, electronic mail addresses, payment account data, top, excess weight, age, gender, coronary heart fees, sleeping designs, GPS-centered locale, and action styles. Due to the volume and varieties of the individual facts and data we control and the mother nature of our products and programs, the protection capabilities of our platform and details units are significant. If our protection steps or programs are breached, are disrupted or are unsuccessful, unauthorized individuals may well be able to obtain accessibility to consumer details. If we or our third-bash company providers, business enterprise partners, or 3rd-party apps with which our buyers pick to share their Garmin info had been to experience a breach, disruption or failure of units compromising our users’ facts or the media instructed that our security measures or these of our third-bash company providers had been inadequate, our brand and standing could be adversely impacted, use of our products and solutions and products and services could decrease, and we could be uncovered to a threat of decline, litigation, and regulatory proceedings. Depending on the character of the details compromised, in the celebration of a details breach, disruption or other unauthorized entry to our user details, we may also have obligations to notify consumers about the incident and we may possibly will need to supply some variety of solution for the people afflicted by the incident.

Garmin then goes on to notice that system and facts breaches could end result in larger costs by means of security gurus, consultants and remediation fees. Relaxation assured that Garmin is overrun with protection professionals and consultants as we speak.

Can Garmin recover? Definitely.

Equifax turned its info breach debacle into new goods. Other ransomware attack victims, which includes some cities, have recovered. In the very long operate, Garmin may well have just suffered a blip in a lengthy operate of innovation, but it will need to stage up its protection video game likely ahead. All this outage at Garmin proves is that the enterprise is vulnerable to attacks.

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Portuguese surfer to stop competing due to mental health issues

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Portuguese surfer to stop competing due to mental health issues

O Surfer Vasco Ribeiro announced this Friday that he will not compete for some time. The athlete justified the decision with his own mental health.

Via social media, Vasco Ribeiro admitted that he had a tiring year when he was forced to seek help.

“I started competing when I was only nine years old and in the first race I started winning. In my career, everything happened very quickly, intensively and successfully, ”he began.

The athlete spoke about the exactingness to the result, which puts pressure on any athlete.

“As long as we’re winning, everything seems easy and we often don’t realize how difficult the life of a high-performing athlete is. one more to manage. I had little desire to do what matters most to me and so it was time to seek professional help to be able one day to fight for my dreams again,” he wrote.

“I decided that the most important thing right now is to focus and invest time in my mental health, because everything else starts with it: stability, family, friends, results, etc. This is my commitment and I have two beautiful daughters , which are my biggest drive and motivation for this new phase,” he added.

Vasco Ribeiro, aged 27, was national champion in various categories, European champion and junior world champion in surfing.

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Daymé Arocena launches samba in Portuguese produced by Kassin

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Daymé Arocena

Daymé Arocena – Dancing and flying

The highlight of the new Cuban afro-jazz scene, singer-songwriter Daimyo of the Arocene dives into samba for the first time with a single entirely in Portuguese. “Dance and Fly” about freedom through art and produced Bag. This is the release from brownswood records.

Listen to “Dance and Fly”: https://daymearocena.lnk.to/DancareVoarPR

Watch the viewer “Dance and fly”: https://youtu.be/QasSLpth5iM

Inspired by the desire to get closer to people during self-isolation, the song became a source of complete joy for the artist. “Dance and Fly” gave me the energy to be happy again, to be positive again, and I will always be grateful for this song. To be able to have this element to cleanse my soul of sadness, because music is like that, music has such power.”says the artist.

Produced between Puerto Rico and Rio de Janeiro, the composition Arocena learned from Cassin, one of the top Brazilian music producers of recent decades, who immersed himself in a samba ballad inspired by artists such as Javan, Lueji Moon, Ed Motta e Gal Costa. The group was formed by Kasin on bass along with great musicians: Danilo Andrade (keyboards), David Moraes (guitar), Alexander Siqueira (drums) and Daniel Conceicao (drums).

With four studio albums in his solo career, Daime, despite being only 30 years old, has already established himself as one of the main names of new Latin American jazz, using his music as an expression of his roots, faith and soul. Currently living in Puerto Rico and inspired by the Caribbean culture, the artist is preparing new releases.

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Subscribe to Arocene Daime: https://www.instagram.com/daymearocena

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“The Portuguese real estate market is still very fragmented, complex and offline,” says Casavo VP Investment.

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“The Portuguese real estate market is still very fragmented, complex and offline,” says Casavo VP Investment.

The real estate market is constantly changing, with increasingly demanding clients and an increasingly limited supply. New technologies have become indispensable tools for companies to use them to grow in this market, which, according to Duarte Ferreira dos Santos, vice president of investment in Lisbon at Casavo, “still remains very fragmented, complex and autonomous” .

In an interview with Executive Digest, Duarte Ferreira dos Santos believes that despite the momentum that the pandemic has given to the digitization of the real estate sector, the real estate industry is still characterized by traditional, autonomous and very dependent on bureaucratic and physical processes. In his opinion, the technological solutions that have emerged in recent years allow streamlining processes, making the real estate market faster, simpler and more uncomplicated, and improving the experience of all stakeholders, whether they are buyers, sellers, landlords, tenants or even real estate agents.

Portuguese real estate market.

“The Portuguese housing market, especially in the Lisbon metropolitan area, has an interesting transactional dimension as a result of the cultural preference to buy a house rather than rent it. In addition, the housing stock in the capital is very old and obsolete, the vast majority of houses were built before the 1980s,” he explains.

To respond to an aging supply, by renovating the houses that Casavo buys, they contribute to refurbishing old buildings in the city and making them more energy efficient.

“The Portuguese real estate market, like other markets in Southern Europe, continues to be very fragmented, complex and autonomous, despite the fact that the pandemic has accelerated the change in customer behavior towards the adoption of a digital channel.” Duarte Ferreira dos Santos believes that much remains to be done in this aspect, namely in the introduction of digital tools to make the market more transparent and improve interaction with buyers and sellers.

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400 million euros for business scaling

Casavo recently raised a new €400 million investment round, which includes a €100 million Series D round and a €300 million credit line.

“The total amount raised by Casavo will be used to scale the business and strengthen its leadership in Europe. This combination of equity and debt is a recognition of our strong growth and investor confidence in our long-term vision. This round will allow us to strengthen our leadership in Europe by growing in markets we already operate in, namely Portugal, Spain and Italy, as well as expanding into new markets where France is a priority.”

A tool that allows you to instantly evaluate real estate

In this context, the VP of Investment explains that Casavo provides a tool that allows sellers to instantly value their property. “Casavo can submit an offer in 48 hours and complete a purchase in a matter of days in a single visit… Through the use of a proprietary algorithm, Casavo ensures that the submitted offer is fair and based on objective criteria.”

On the other hand, for those who want to buy a house, Casavo presents a portfolio of ready-to-live-in properties with high energy efficiency and modern and attractive design, which can be found on the platform and viewed remotely using immersive technology. .

The future of the real estate market in Portugal

Looking to the future, Duarte Ferreira dos Santos believes that “due to the lack of supply of new construction and the high demand caused by the needs of families after the pandemic, we do not expect the market for refurbished homes to be significantly affected by the situation we are facing, especially in homes , prices for which correspond to the income of the Portuguese.

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However, he sees a slowdown that could be due not only to the rise in the cost of living for families associated with the current geopolitical context, but also to the increase in Euribor rates and the new rules that the Bank of Portugal has applied to housing. loans, which can contribute to an increase in the burden of households.

“In our view, it will be increasingly important to refurbish used homes that are outdated and dated to meet the needs of families,” he concludes.

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