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Kearney appoints Varun Arora as new Managing Partner for Southeast Asia

SINGAPORE – Media OutReach Newswire – 15 January 2025 – Global management consultancy Kearney has appointed Varun Arora as its new Managing Partner for Southeast Asia, effective 1 January 2025, as the firm continues to accelerate growth across the region. Mr Arora succeeds Nithin Chandra, who has led the unit since 2022. Varun Arora, Managing Partner for Southeast Asia Based in Singapore, Mr Arora will oversee Kearney’s Southeast Asia operations, which span key markets including Singapore, Indonesia, Malaysia, the Philippines, and Thailand. In his new role, he will be responsible for driving client impact, expanding market opportunities, and nurturing the next generation of consulting talent across the region. The Southeast Asia unit, which Kearney established in 1990 with its entry into Singapore, supports clients across a wide spectrum of industries. These include technology, telecommunications, consumer goods, retail, healthcare, financial services, energy, automotive, transportation, and process industries. A Kearney Original with over 17 years at the firm, Mr Arora brings extensive experience in strategic growth and digital transformation. He most recently led the firm’s Communications, Media, and Technology (CMT) practice in Southeast Asia – the largest practice in the Southeast Asian unit – as well as Kearney’s growing Digital & Analytics practice at the Asia-Pacific level. Mr Arora has a proven track record of delivering results for clients across various markets and cultures in Southeast Asia, and growing high-performance teams. Commenting on the appointment, Shigeru Sekinada, Region Chair of Asia Pacific, said, “I am delighted to welcome Varun as the next leader of our Southeast Asia unit. With his deep expertise, collaborative leadership style, and vision for growth, I am confident that he will continue to propel Kearney’s success in this dynamic region by promoting a purpose-driven culture focused on enhancing societal well-being. Southeast Asia remains a cornerstone of our Asia-Pacific growth strategy, and Varun’s leadership will ensure we continue to deliver exceptional results for our clients and our people.” Reflecting on his new role, Varun Arora, Managing Partner for Southeast Asia, said, “Southeast Asia is brimming with potential, driven by its diverse workforce, vast innovation capabilities, and growing economy. I am excited to lead Kearney’s efforts in this vibrant region and look forward to collaborating with our clients and the team to unlock growth opportunities and deliver meaningful impact for businesses and communities.” Mr Arora’s appointment follows an exceptional tenure by Nithin Chandra, during which the Southeast Asia unit achieved record performance and expanded its presence in new markets. Under Mr Chandra’s leadership, Kearney opened its Philippines office in Manila in 2022, and expanded its Bangkok office in Thailand in 2024 as part of the firm’s next stage of growth in Southeast Asia. Mr Chandra will continue to play an integral role at Kearney, focusing on strategic initiatives and client growth. This appointment also comes as part of regular leadership rotations in Kearney’s Asia Pacific office, alongside the appointment of Siddharth Jain as the Managing Partner and Country Head for India, effective 1 January 2025. Hashtag: #Kearney https://www.kearney.com/ The issuer is solely responsible for the content of this announcement. About Kearney Kearney is a leading global management consulting firm. For nearly 100 years, we have been a trusted advisor to C-suites, government bodies, and nonprofit organizations. Our people make us who we are. Driven to be the difference between a big idea and making it happen, we work alongside our clients to regenerate their businesses to create a future that works for everyone. To learn more about Kearney, please visit www.kearney.com.

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Kearney appoints Varun Arora as new Managing Partner for Southeast Asia

SINGAPORE – Media OutReach Newswire – 15 January 2025 – Global management consultancy Kearney has appointed Varun Arora as its new Managing Partner for Southeast Asia, effective 1 January 2025, as the firm continues to accelerate growth across the region. Mr Arora succeeds Nithin Chandra, who has led the unit since 2022. Varun Arora, Managing Partner for Southeast Asia Based in Singapore, Mr Arora will oversee Kearney’s Southeast Asia operations, which span key markets including Singapore, Indonesia, Malaysia, the Philippines, and Thailand. In his new role, he will be responsible for driving client impact, expanding market opportunities, and nurturing the next generation of consulting talent across the region. The Southeast Asia unit, which Kearney established in 1990 with its entry into Singapore, supports clients across a wide spectrum of industries. These include technology, telecommunications, consumer goods, retail, healthcare, financial services, energy, automotive, transportation, and process industries. A Kearney Original with over 17 years at the firm, Mr Arora brings extensive experience in strategic growth and digital transformation. He most recently led the firm’s Communications, Media, and Technology (CMT) practice in Southeast Asia – the largest practice in the Southeast Asian unit – as well as Kearney’s growing Digital & Analytics practice at the Asia-Pacific level. Mr Arora has a proven track record of delivering results for clients across various markets and cultures in Southeast Asia, and growing high-performance teams. Commenting on the appointment, Shigeru Sekinada, Region Chair of Asia Pacific, said, “I am delighted to welcome Varun as the next leader of our Southeast Asia unit. With his deep expertise, collaborative leadership style, and vision for growth, I am confident that he will continue to propel Kearney’s success in this dynamic region by promoting a purpose-driven culture focused on enhancing societal well-being. Southeast Asia remains a cornerstone of our Asia-Pacific growth strategy, and Varun’s leadership will ensure we continue to deliver exceptional results for our clients and our people.” Reflecting on his new role, Varun Arora, Managing Partner for Southeast Asia, said, “Southeast Asia is brimming with potential, driven by its diverse workforce, vast innovation capabilities, and growing economy. I am excited to lead Kearney’s efforts in this vibrant region and look forward to collaborating with our clients and the team to unlock growth opportunities and deliver meaningful impact for businesses and communities.” Mr Arora’s appointment follows an exceptional tenure by Nithin Chandra, during which the Southeast Asia unit achieved record performance and expanded its presence in new markets. Under Mr Chandra’s leadership, Kearney opened its Philippines office in Manila in 2022, and expanded its Bangkok office in Thailand in 2024 as part of the firm’s next stage of growth in Southeast Asia. Mr Chandra will continue to play an integral role at Kearney, focusing on strategic initiatives and client growth. This appointment also comes as part of regular leadership rotations in Kearney’s Asia Pacific office, alongside the appointment of Siddharth Jain as the Managing Partner and Country Head for India, effective 1 January 2025. Hashtag: #Kearney https://www.kearney.com/ The issuer is solely responsible for the content of this announcement. About Kearney Kearney is a leading global management consulting firm. For nearly 100 years, we have been a trusted advisor to C-suites, government bodies, and nonprofit organizations. Our people make us who we are. Driven to be the difference between a big idea and making it happen, we work alongside our clients to regenerate their businesses to create a future that works for everyone. To learn more about Kearney, please visit www.kearney.com.

Media OutReach

Kearney appoints Varun Arora as new Managing Partner for Southeast Asia

SINGAPORE – Media OutReach Newswire – 15 January 2025 – Global management consultancy Kearney has appointed Varun Arora as its new Managing Partner for Southeast Asia, effective 1 January 2025, as the firm continues to accelerate growth across the region. Mr Arora succeeds Nithin Chandra, who has led the unit since 2022. Varun Arora, Managing Partner for Southeast Asia Based in Singapore, Mr Arora will oversee Kearney’s Southeast Asia operations, which span key markets including Singapore, Indonesia, Malaysia, the Philippines, and Thailand. In his new role, he will be responsible for driving client impact, expanding market opportunities, and nurturing the next generation of consulting talent across the region. The Southeast Asia unit, which Kearney established in 1990 with its entry into Singapore, supports clients across a wide spectrum of industries. These include technology, telecommunications, consumer goods, retail, healthcare, financial services, energy, automotive, transportation, and process industries. A Kearney Original with over 17 years at the firm, Mr Arora brings extensive experience in strategic growth and digital transformation. He most recently led the firm’s Communications, Media, and Technology (CMT) practice in Southeast Asia – the largest practice in the Southeast Asian unit – as well as Kearney’s growing Digital & Analytics practice at the Asia-Pacific level. Mr Arora has a proven track record of delivering results for clients across various markets and cultures in Southeast Asia, and growing high-performance teams. Commenting on the appointment, Shigeru Sekinada, Region Chair of Asia Pacific, said, “I am delighted to welcome Varun as the next leader of our Southeast Asia unit. With his deep expertise, collaborative leadership style, and vision for growth, I am confident that he will continue to propel Kearney’s success in this dynamic region by promoting a purpose-driven culture focused on enhancing societal well-being. Southeast Asia remains a cornerstone of our Asia-Pacific growth strategy, and Varun’s leadership will ensure we continue to deliver exceptional results for our clients and our people.” Reflecting on his new role, Varun Arora, Managing Partner for Southeast Asia, said, “Southeast Asia is brimming with potential, driven by its diverse workforce, vast innovation capabilities, and growing economy. I am excited to lead Kearney’s efforts in this vibrant region and look forward to collaborating with our clients and the team to unlock growth opportunities and deliver meaningful impact for businesses and communities.” Mr Arora’s appointment follows an exceptional tenure by Nithin Chandra, during which the Southeast Asia unit achieved record performance and expanded its presence in new markets. Under Mr Chandra’s leadership, Kearney opened its Philippines office in Manila in 2022, and expanded its Bangkok office in Thailand in 2024 as part of the firm’s next stage of growth in Southeast Asia. Mr Chandra will continue to play an integral role at Kearney, focusing on strategic initiatives and client growth. This appointment also comes as part of regular leadership rotations in Kearney’s Asia Pacific office, alongside the appointment of Siddharth Jain as the Managing Partner and Country Head for India, effective 1 January 2025. Hashtag: #Kearney https://www.kearney.com/ The issuer is solely responsible for the content of this announcement. About Kearney Kearney is a leading global management consulting firm. For nearly 100 years, we have been a trusted advisor to C-suites, government bodies, and nonprofit organizations. Our people make us who we are. Driven to be the difference between a big idea and making it happen, we work alongside our clients to regenerate their businesses to create a future that works for everyone. To learn more about Kearney, please visit www.kearney.com.

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Arlo Unveils Strategic Partnership with Origin AI to Deliver Advanced Smart Home Security Solutions

Arlo becomes the exclusive worldwide provider of Origin’s AI Verified Human PresenceTM detection technology to be integrated into new innovative security solutions SINGAPORE – Media OutReach Newswire – 15 January 2025 – Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security brand, recently announced a strategic partnership agreement with Origin AI, pioneers in AI SensingTM technology. Sharing a common mission to protect customers through advanced AI-powered solutions, both Arlo and Origin AI have developed award-winning technologies that have been recognised by industry experts as best-in-class. Under the agreement, Arlo will have exclusive worldwide rights to market and sell Origin AI’s groundbreaking AI products, TruShieldTM and Allos, which deliver Verified Human Presence detection through radio frequency (RF) signals emitted by existing WiFi devices in homes or businesses. This capability enables internet service and other solution providers a simple yet powerful path to bring home security to their customers while increasing accuracy and reducing false alarms. Additionally, Arlo plans to integrate Origin AI Sensing technologies into future offerings, complementing Arlo’s suite of advanced security solutions powered by Arlo Intelligence — from AI-assisted motion detection to indoor/outdoor video monitoring and professional monitoring with video verification. “Arlo has been continuously investing for over 10 years in AI- and CV-powered security technologies that enable customers to feel safer, react faster and enjoy greater peace of mind with 24/7 protection from Arlo Secure,” said Matthew McRae, CEO of Arlo Technologies. “With today’s announcement, we are excited to add Origin’s AI Sensing capabilities to create a new integrated AI-powered security offering that will be unmatched in its intelligence and performance.” “Origin AI is excited to collaborate with Arlo in this strategic partnership,” said Spencer Maid, CEO of Origin AI. “By combining Arlo’s leadership in smart home security with Origin’s cutting-edge AI Sensing technologies, we are delivering unparalleled solutions to redefine how people protect their homes and businesses. This partnership underscores our shared commitment to innovation and customer security.” Arlo Secure 5, the next generation of smart home security powered by Arlo Intelligence, uses advanced computer vision AI and recognition engines to provide more meaningful, detailed alerts so users can make faster, informed decisions about their security and safety. New AI-powered innovations include: Person Recognition: Know exactly who has arrived at your home with personalised alerts labeled with names from your private library of named faces. Vehicle Recognition: Protect your driveway with personalised alerts labeled with known vehicles that you previously named. Custom Detection: Train Arlo AI to create personalised, custom detections to protect what matters most to you. Teach your camera to recognise certain objects or changes in view to trigger custom notifications. Whether it’s knowing if the garage door is open, lights were left on in the basement or the dog is on the couch, Arlo AI alerts you to what is happening in and around your home so you know what action to take. Fire Detection: AI-powered notifications that alert you when a fire is detected so you can take immediate action. Further details about Arlo’s partnership with Origin AI will be shared later this year. For more information on the full range of Arlo smart home security products and services, visit https://www.arlo.com/asia/. To learn more about Origin AI’s AI Sensing technologies, visit www.originwirelessai.com. Hashtag: #Arlo The issuer is solely responsible for the content of this announcement. About Arlo Technologies, Inc. Arlo is an award-winning, industry leader that is transforming the ways in which people can protect everything that matters to them with advanced home, business, and personal security solutions. Arlo’s deep expertise in AI- and CV-powered analytics, cloud services, user experience and product design, and innovative wireless and RF connectivity enables the delivery of a seamless, smart security experience for Arlo users that is easy to set up and interact with every day. Arlo’s cloud-based platform provides users with visibility, insight, and a powerful means to help protect and connect in real-time with the people and things that matter most, from any location with a Wi-Fi or a cellular connection. Arlo has recently launched several categories of award-winning connected devices, software, and services. These include wire-free, smart Wi-Fi and LTE-enabled security cameras, video doorbells, floodlights, security system, and Arlo’s subscription services: Arlo Secure and Arlo Safe. With a mission to bring users peace of mind, Arlo is as passionate about protecting user privacy as it is about safeguarding homes and families. Arlo is committed to implementing industry standards for data protection designed to keep users’ personal information private and in their control. Arlo provides enhanced controls for user data, supports privacy legislation, keeps user data safely secure, and puts security at the forefront of company culture.

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Arlo Unveils Strategic Partnership with Origin AI to Deliver Advanced Smart Home Security Solutions

Arlo becomes the exclusive worldwide provider of Origin’s AI Verified Human PresenceTM detection technology to be integrated into new innovative security solutions SINGAPORE – Media OutReach Newswire – 15 January 2025 – Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security brand, recently announced a strategic partnership agreement with Origin AI, pioneers in AI SensingTM technology. Sharing a common mission to protect customers through advanced AI-powered solutions, both Arlo and Origin AI have developed award-winning technologies that have been recognised by industry experts as best-in-class. Under the agreement, Arlo will have exclusive worldwide rights to market and sell Origin AI’s groundbreaking AI products, TruShieldTM and Allos, which deliver Verified Human Presence detection through radio frequency (RF) signals emitted by existing WiFi devices in homes or businesses. This capability enables internet service and other solution providers a simple yet powerful path to bring home security to their customers while increasing accuracy and reducing false alarms. Additionally, Arlo plans to integrate Origin AI Sensing technologies into future offerings, complementing Arlo’s suite of advanced security solutions powered by Arlo Intelligence — from AI-assisted motion detection to indoor/outdoor video monitoring and professional monitoring with video verification. “Arlo has been continuously investing for over 10 years in AI- and CV-powered security technologies that enable customers to feel safer, react faster and enjoy greater peace of mind with 24/7 protection from Arlo Secure,” said Matthew McRae, CEO of Arlo Technologies. “With today’s announcement, we are excited to add Origin’s AI Sensing capabilities to create a new integrated AI-powered security offering that will be unmatched in its intelligence and performance.” “Origin AI is excited to collaborate with Arlo in this strategic partnership,” said Spencer Maid, CEO of Origin AI. “By combining Arlo’s leadership in smart home security with Origin’s cutting-edge AI Sensing technologies, we are delivering unparalleled solutions to redefine how people protect their homes and businesses. This partnership underscores our shared commitment to innovation and customer security.” Arlo Secure 5, the next generation of smart home security powered by Arlo Intelligence, uses advanced computer vision AI and recognition engines to provide more meaningful, detailed alerts so users can make faster, informed decisions about their security and safety. New AI-powered innovations include: Person Recognition: Know exactly who has arrived at your home with personalised alerts labeled with names from your private library of named faces. Vehicle Recognition: Protect your driveway with personalised alerts labeled with known vehicles that you previously named. Custom Detection: Train Arlo AI to create personalised, custom detections to protect what matters most to you. Teach your camera to recognise certain objects or changes in view to trigger custom notifications. Whether it’s knowing if the garage door is open, lights were left on in the basement or the dog is on the couch, Arlo AI alerts you to what is happening in and around your home so you know what action to take. Fire Detection: AI-powered notifications that alert you when a fire is detected so you can take immediate action. Further details about Arlo’s partnership with Origin AI will be shared later this year. For more information on the full range of Arlo smart home security products and services, visit https://www.arlo.com/asia/. To learn more about Origin AI’s AI Sensing technologies, visit www.originwirelessai.com. Hashtag: #Arlo The issuer is solely responsible for the content of this announcement. About Arlo Technologies, Inc. Arlo is an award-winning, industry leader that is transforming the ways in which people can protect everything that matters to them with advanced home, business, and personal security solutions. Arlo’s deep expertise in AI- and CV-powered analytics, cloud services, user experience and product design, and innovative wireless and RF connectivity enables the delivery of a seamless, smart security experience for Arlo users that is easy to set up and interact with every day. Arlo’s cloud-based platform provides users with visibility, insight, and a powerful means to help protect and connect in real-time with the people and things that matter most, from any location with a Wi-Fi or a cellular connection. Arlo has recently launched several categories of award-winning connected devices, software, and services. These include wire-free, smart Wi-Fi and LTE-enabled security cameras, video doorbells, floodlights, security system, and Arlo’s subscription services: Arlo Secure and Arlo Safe. With a mission to bring users peace of mind, Arlo is as passionate about protecting user privacy as it is about safeguarding homes and families. Arlo is committed to implementing industry standards for data protection designed to keep users’ personal information private and in their control. Arlo provides enhanced controls for user data, supports privacy legislation, keeps user data safely secure, and puts security at the forefront of company culture.

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TDCX Singapore reinforces data privacy commitment with Data Protection Trustmark Certification

SINGAPORE – Media OutReach Newswire – 15 January 2025 – TDCX Singapore, an award-winning digital customer experience (CX) solutions provider for technology and blue-chip companies, has obtained the Data Protection Trustmark (DPTM) awarded by the Infocomm Media Development Authority (IMDA), a statutory board under the Singapore Ministry of Digital Development and Information. This certification serves as a badge of trust, underscoring the company’s dedication to data privacy initiatives and commitment to building customer confidence. Ms. Angie Tay, Group Chief Operating Officer and EVP, said, “Protecting user information requires a well-rounded and proactive approach to data management and ongoing vigilance. The DPTM certification demonstrates our commitment to ensuring data security and maintaining our client’s trust. “In the last three years, TDCX has undergone rigorous assessments to become an IMDA-certified trusted digital identity provider. This includes appointing independent auditors to conduct thorough reviews and assessments on our Information Security (InfoSec) and data protection frameworks.” The DPTM is a voluntary, enterprise-wide certification that acknowledges organizations committed to responsible data protection practices. TDCX Singapore has implemented robust measures to safeguard user data and has achieved the following: ISO 27001:2022: This certification for Information Security Management Systems provides comprehensive guidance for businesses of all sizes and industries on establishing, implementing, maintaining, and continuously improving their information security management systems. SOC 2 Type 2: A robust security framework that outlines how organizations should safeguard customer data, protecting it from unauthorized access, security incidents, and other vulnerabilities. Singapore Cyber Trust Mark: A recognition for organizations that have proven the implementation of strong cybersecurity policies and processes that are appropriate for their cybersecurity risk profile. TDCX Singapore’s IT team regularly collaborates with external consultants to seek advice on the most recent trends and insights in InfoSec, as well as guidance on effective implementation. Additionally, the team works closely with the learning and development team to provide annual training programs to ensure that all employees are up to date on the most recent InfoSec and data protection policies. TDCX Singapore’s DPTM certification adds to TDCX’s commitment to upholding other global data practices, including the European Union General Data Protection Regulation (EU GDPR). Hashtag: #CX #Outsourcing #BPO https://www.tdcx.com/https://sg.linkedin.com/company/tdcxgrouphttps://twitter.com/tdcxgrouphttps://www.facebook.com/tdcxgroup/ The issuer is solely responsible for the content of this announcement. About TDCX Singapore-headquartered TDCX provides transformative digital CX solutions, enabling world-leading and disruptive brands to acquire new customers, to build customer loyalty and to protect their online communities. TDCX helps clients achieve their customer experience aspirations by harnessing technology, human intelligence, and its global footprint. It serves clients in fintech, gaming, technology, travel and hospitality, digital advertising and social media, streaming and e-commerce. TDCX’s expertise and strong footprint in Asia has made it a trusted partner for clients, particularly high-growth, new economy companies, looking to tap the region’s growth potential. TDCX’s commitment to delivering positive outcomes for our clients extends to its role as a responsible corporate citizen. Its Corporate Social Responsibility program focuses on positively transforming the lives of its people, its communities, and the environment. TDCX employs more than 19,000 employees across 34 campuses globally, specifically in Brazil, Colombia, Hong Kong, India, Japan, Malaysia, Mainland China, Philippines, Türkiye, Singapore, South Korea, Spain, Thailand, Türkiye, and Vietnam. For more information, please visit www.tdcx.com.

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Allianz Risk Barometer 2025: Business interruption top business risk in Asia

Companies identify Business interruption as their top business concern for the year ahead (37% of overall responses) Cyber ranks #2 (31%), with data breaches identified as the cyber exposure companies fear most Natural catastrophes retain #3 rank (27%) in Asia, which is heating up faster than the global average SINGAPORE – Media OutReach Newswire – 15 January 2025 – Business interruption is the biggest worry for Asian companies in 2025, according to the Allianz Risk Barometer. Cyber incidents such as data breaches or ransomware attacks, and IT disruptions, such as the CrowdStrike incident, are also a main concern for companies of all sizes, ranking #2. After another heavy year of Natural catastrophes activity in 2024 this peril remains #3. The top three risks globally – Cyber incidents (#1), Business interruption (#2), and Natural catastrophes (#3) – retained their positions in this year’s Allianz Risk Barometer, which is based on the insights of more than 3,700 risk management professionals from over 100 countries. Allianz Commercial Chief Underwriting Officer Vanessa Maxwell comments: “2024 was an extraordinary year in terms of risk management and the results of our annual Allianz Risk Barometer reflect the uncertainty many companies around the globe are facing right now. What stands out this year is the interconnectivity of the top risks. Climate change, emerging technology, regulation and geopolitical risks are increasingly intertwined, resulting in a complex network of cause and effect. Businesses need to adopt a holistic approach to risk management and consistently strive to enhance their resilience in order to address these fast-evolving risks.” Christian Sandric, Regional Managing Director of Allianz Commercial Asia, says, “Business interruption is the most significant risk for companies in the region and this is no surprise as Asian economies are increasingly participating in trade globally and regionally. This is also often due to events like cyber incidents or natural catastrophes, which are part of the top risks in the region. Against this backdrop of an increasingly volatile risk landscape, businesses should ensure they are sufficiently protected and their response measures robust. This includes adopting measures such as loss prevention, developing multiple suppliers, alternative risk transfer, and multinational insurance policies.” Business interruption strongly interlinked with other risks Business interruption (BI) is the top risk in Asia; it ranks in the top three risks in all countries and territories, and is the top risk in China and Hong Kong, Malaysia, Singapore, and South Korea. Its persistence at the top reflects severe supply chain disruption during and after the pandemic. Such disruptions are of particular concern as Asian economies are increasingly participating in trade. Asia is now the world’s second-most integrated trade region, driven by the rapid growth of manufacturing supply chains across borders. In addition, due to rising US-China tensions, bilateral trade between geopolitically aligned countries has risen. Global trade flows are becoming more intricate and this shift has opened doors for nations like India and Malaysia to step up as next-generation trade hubs, according to Allianz Trade. Globally, BI has ranked either #1 or #2 in every Allianz Risk Barometer for the past decade and retains its position at #2 in 2025 with 31% of responses. BI is typically a consequence of events like a natural disaster, a cyber-attack or outage, insolvency or political risks like conflict or civil unrest, which can all affect the ability of a business to operate normally. Several examples from 2024 highlight why companies still see BI as a major threat to their business model. Houthi attacks in the Red Sea led to supply chain disruptions due to rerouting of container ships, while incidents such as the collapse of the Francis Scott Key Bridge in Baltimore also directly impacted global and local supply chains. Supply chain disruptions with global effects occur approximately every 1.4 years, and the trend is rising, according to analysis from Circular Republic, in collaboration with Allianz and others. Those disruptions cause major economic damages, ranging up to 5% to 10% of product costs and additional downtime impacts. Cyber risks continue to increase with rapid development of technology Cyber incidents rank #2 in Asia; it is the top risk in India for the eighth consecutive year, and the second most significant risk in Japan and Singapore. The Asia Pacific region saw a 23% increase in weekly cyberattacks per organization in Q2 2024, compared to the same period in 2023. Some of the cyber incidents around the region include the attack on India’s biggest crypto exchange WazirX, the distributed denial-of-service (DDoS) attack on Japan Airlines, and cyberattack on Singapore law firm Shook Lin & Bok. Globally, Cyber incidents (38% of overall responses) rank as the most important risk for the fourth year in a row – and by a higher margin than ever (7% points). It is the top peril in 20 countries, including Argentina, France, Germany, India, South Africa, the UK and the US. More than 60% of respondents identified data breaches as the cyber exposure companies fear most, followed by attacks on critical infrastructure and physical assets with 57%. Natural catastrophes remain a major concern Natural catastrophes retain its #3 spot in Asia. The region is heating up faster than the global average, with increased casualties and economic losses from floods, storms, and more severe heatwaves. It is the top risk in Japan, which faced a M7.5 earthquake in the Noto Peninsula that resulted in insured losses of US$3bn, with economic losses reaching US$12bn, as well as in Hong Kong, which experienced its heaviest rain in November 2024 since records began 140 years ago due to Typhoon Haikui. Globally, Natural catastrophes remain at #3 with 29%, although more respondents also picked this as a top risk year-on-year. For the fifth time in a row in 2024, insured losses surpassed US$100bn. 2024 is expected to have been the hottest year on record. It was also a year of terrible natural catastrophes with extreme hurricanes and storms in North America, devastating floods in Europe and Asia and drought in Africa and South America. Resources: Global

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TDCX Singapore reinforces data privacy commitment with Data Protection Trustmark Certification

SINGAPORE – Media OutReach Newswire – 15 January 2025 – TDCX Singapore, an award-winning digital customer experience (CX) solutions provider for technology and blue-chip companies, has obtained the Data Protection Trustmark (DPTM) awarded by the Infocomm Media Development Authority (IMDA), a statutory board under the Singapore Ministry of Digital Development and Information. This certification serves as a badge of trust, underscoring the company’s dedication to data privacy initiatives and commitment to building customer confidence. Ms. Angie Tay, Group Chief Operating Officer and EVP, said, “Protecting user information requires a well-rounded and proactive approach to data management and ongoing vigilance. The DPTM certification demonstrates our commitment to ensuring data security and maintaining our client’s trust. “In the last three years, TDCX has undergone rigorous assessments to become an IMDA-certified trusted digital identity provider. This includes appointing independent auditors to conduct thorough reviews and assessments on our Information Security (InfoSec) and data protection frameworks.” The DPTM is a voluntary, enterprise-wide certification that acknowledges organizations committed to responsible data protection practices. TDCX Singapore has implemented robust measures to safeguard user data and has achieved the following: ISO 27001:2022: This certification for Information Security Management Systems provides comprehensive guidance for businesses of all sizes and industries on establishing, implementing, maintaining, and continuously improving their information security management systems. SOC 2 Type 2: A robust security framework that outlines how organizations should safeguard customer data, protecting it from unauthorized access, security incidents, and other vulnerabilities. Singapore Cyber Trust Mark: A recognition for organizations that have proven the implementation of strong cybersecurity policies and processes that are appropriate for their cybersecurity risk profile. TDCX Singapore’s IT team regularly collaborates with external consultants to seek advice on the most recent trends and insights in InfoSec, as well as guidance on effective implementation. Additionally, the team works closely with the learning and development team to provide annual training programs to ensure that all employees are up to date on the most recent InfoSec and data protection policies. TDCX Singapore’s DPTM certification adds to TDCX’s commitment to upholding other global data practices, including the European Union General Data Protection Regulation (EU GDPR). Hashtag: #CX #Outsourcing #BPO https://www.tdcx.com/https://sg.linkedin.com/company/tdcxgrouphttps://twitter.com/tdcxgrouphttps://www.facebook.com/tdcxgroup/ The issuer is solely responsible for the content of this announcement. About TDCX Singapore-headquartered TDCX provides transformative digital CX solutions, enabling world-leading and disruptive brands to acquire new customers, to build customer loyalty and to protect their online communities. TDCX helps clients achieve their customer experience aspirations by harnessing technology, human intelligence, and its global footprint. It serves clients in fintech, gaming, technology, travel and hospitality, digital advertising and social media, streaming and e-commerce. TDCX’s expertise and strong footprint in Asia has made it a trusted partner for clients, particularly high-growth, new economy companies, looking to tap the region’s growth potential. TDCX’s commitment to delivering positive outcomes for our clients extends to its role as a responsible corporate citizen. Its Corporate Social Responsibility program focuses on positively transforming the lives of its people, its communities, and the environment. TDCX employs more than 19,000 employees across 34 campuses globally, specifically in Brazil, Colombia, Hong Kong, India, Japan, Malaysia, Mainland China, Philippines, Türkiye, Singapore, South Korea, Spain, Thailand, Türkiye, and Vietnam. For more information, please visit www.tdcx.com.

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Allianz Risk Barometer 2025: Business interruption top business risk in Asia

Companies identify Business interruption as their top business concern for the year ahead (37% of overall responses) Cyber ranks #2 (31%), with data breaches identified as the cyber exposure companies fear most Natural catastrophes retain #3 rank (27%) in Asia, which is heating up faster than the global average SINGAPORE – Media OutReach Newswire – 15 January 2025 – Business interruption is the biggest worry for Asian companies in 2025, according to the Allianz Risk Barometer. Cyber incidents such as data breaches or ransomware attacks, and IT disruptions, such as the CrowdStrike incident, are also a main concern for companies of all sizes, ranking #2. After another heavy year of Natural catastrophes activity in 2024 this peril remains #3. The top three risks globally – Cyber incidents (#1), Business interruption (#2), and Natural catastrophes (#3) – retained their positions in this year’s Allianz Risk Barometer, which is based on the insights of more than 3,700 risk management professionals from over 100 countries. Allianz Commercial Chief Underwriting Officer Vanessa Maxwell comments: “2024 was an extraordinary year in terms of risk management and the results of our annual Allianz Risk Barometer reflect the uncertainty many companies around the globe are facing right now. What stands out this year is the interconnectivity of the top risks. Climate change, emerging technology, regulation and geopolitical risks are increasingly intertwined, resulting in a complex network of cause and effect. Businesses need to adopt a holistic approach to risk management and consistently strive to enhance their resilience in order to address these fast-evolving risks.” Christian Sandric, Regional Managing Director of Allianz Commercial Asia, says, “Business interruption is the most significant risk for companies in the region and this is no surprise as Asian economies are increasingly participating in trade globally and regionally. This is also often due to events like cyber incidents or natural catastrophes, which are part of the top risks in the region. Against this backdrop of an increasingly volatile risk landscape, businesses should ensure they are sufficiently protected and their response measures robust. This includes adopting measures such as loss prevention, developing multiple suppliers, alternative risk transfer, and multinational insurance policies.” Business interruption strongly interlinked with other risks Business interruption (BI) is the top risk in Asia; it ranks in the top three risks in all countries and territories, and is the top risk in China and Hong Kong, Malaysia, Singapore, and South Korea. Its persistence at the top reflects severe supply chain disruption during and after the pandemic. Such disruptions are of particular concern as Asian economies are increasingly participating in trade. Asia is now the world’s second-most integrated trade region, driven by the rapid growth of manufacturing supply chains across borders. In addition, due to rising US-China tensions, bilateral trade between geopolitically aligned countries has risen. Global trade flows are becoming more intricate and this shift has opened doors for nations like India and Malaysia to step up as next-generation trade hubs, according to Allianz Trade. Globally, BI has ranked either #1 or #2 in every Allianz Risk Barometer for the past decade and retains its position at #2 in 2025 with 31% of responses. BI is typically a consequence of events like a natural disaster, a cyber-attack or outage, insolvency or political risks like conflict or civil unrest, which can all affect the ability of a business to operate normally. Several examples from 2024 highlight why companies still see BI as a major threat to their business model. Houthi attacks in the Red Sea led to supply chain disruptions due to rerouting of container ships, while incidents such as the collapse of the Francis Scott Key Bridge in Baltimore also directly impacted global and local supply chains. Supply chain disruptions with global effects occur approximately every 1.4 years, and the trend is rising, according to analysis from Circular Republic, in collaboration with Allianz and others. Those disruptions cause major economic damages, ranging up to 5% to 10% of product costs and additional downtime impacts. Cyber risks continue to increase with rapid development of technology Cyber incidents rank #2 in Asia; it is the top risk in India for the eighth consecutive year, and the second most significant risk in Japan and Singapore. The Asia Pacific region saw a 23% increase in weekly cyberattacks per organization in Q2 2024, compared to the same period in 2023. Some of the cyber incidents around the region include the attack on India’s biggest crypto exchange WazirX, the distributed denial-of-service (DDoS) attack on Japan Airlines, and cyberattack on Singapore law firm Shook Lin & Bok. Globally, Cyber incidents (38% of overall responses) rank as the most important risk for the fourth year in a row – and by a higher margin than ever (7% points). It is the top peril in 20 countries, including Argentina, France, Germany, India, South Africa, the UK and the US. More than 60% of respondents identified data breaches as the cyber exposure companies fear most, followed by attacks on critical infrastructure and physical assets with 57%. Natural catastrophes remain a major concern Natural catastrophes retain its #3 spot in Asia. The region is heating up faster than the global average, with increased casualties and economic losses from floods, storms, and more severe heatwaves. It is the top risk in Japan, which faced a M7.5 earthquake in the Noto Peninsula that resulted in insured losses of US$3bn, with economic losses reaching US$12bn, as well as in Hong Kong, which experienced its heaviest rain in November 2024 since records began 140 years ago due to Typhoon Haikui. Globally, Natural catastrophes remain at #3 with 29%, although more respondents also picked this as a top risk year-on-year. For the fifth time in a row in 2024, insured losses surpassed US$100bn. 2024 is expected to have been the hottest year on record. It was also a year of terrible natural catastrophes with extreme hurricanes and storms in North America, devastating floods in Europe and Asia and drought in Africa and South America. Resources: Global

Media OutReach

Allianz Risk Barometer 2025: Business interruption top business risk in Asia

Companies identify Business interruption as their top business concern for the year ahead (37% of overall responses) Cyber ranks #2 (31%), with data breaches identified as the cyber exposure companies fear most Natural catastrophes retain #3 rank (27%) in Asia, which is heating up faster than the global average SINGAPORE – Media OutReach Newswire – 15 January 2025 – Business interruption is the biggest worry for Asian companies in 2025, according to the Allianz Risk Barometer. Cyber incidents such as data breaches or ransomware attacks, and IT disruptions, such as the CrowdStrike incident, are also a main concern for companies of all sizes, ranking #2. After another heavy year of Natural catastrophes activity in 2024 this peril remains #3. The top three risks globally – Cyber incidents (#1), Business interruption (#2), and Natural catastrophes (#3) – retained their positions in this year’s Allianz Risk Barometer, which is based on the insights of more than 3,700 risk management professionals from over 100 countries. Allianz Commercial Chief Underwriting Officer Vanessa Maxwell comments: “2024 was an extraordinary year in terms of risk management and the results of our annual Allianz Risk Barometer reflect the uncertainty many companies around the globe are facing right now. What stands out this year is the interconnectivity of the top risks. Climate change, emerging technology, regulation and geopolitical risks are increasingly intertwined, resulting in a complex network of cause and effect. Businesses need to adopt a holistic approach to risk management and consistently strive to enhance their resilience in order to address these fast-evolving risks.” Christian Sandric, Regional Managing Director of Allianz Commercial Asia, says, “Business interruption is the most significant risk for companies in the region and this is no surprise as Asian economies are increasingly participating in trade globally and regionally. This is also often due to events like cyber incidents or natural catastrophes, which are part of the top risks in the region. Against this backdrop of an increasingly volatile risk landscape, businesses should ensure they are sufficiently protected and their response measures robust. This includes adopting measures such as loss prevention, developing multiple suppliers, alternative risk transfer, and multinational insurance policies.” Business interruption strongly interlinked with other risks Business interruption (BI) is the top risk in Asia; it ranks in the top three risks in all countries and territories, and is the top risk in China and Hong Kong, Malaysia, Singapore, and South Korea. Its persistence at the top reflects severe supply chain disruption during and after the pandemic. Such disruptions are of particular concern as Asian economies are increasingly participating in trade. Asia is now the world’s second-most integrated trade region, driven by the rapid growth of manufacturing supply chains across borders. In addition, due to rising US-China tensions, bilateral trade between geopolitically aligned countries has risen. Global trade flows are becoming more intricate and this shift has opened doors for nations like India and Malaysia to step up as next-generation trade hubs, according to Allianz Trade. Globally, BI has ranked either #1 or #2 in every Allianz Risk Barometer for the past decade and retains its position at #2 in 2025 with 31% of responses. BI is typically a consequence of events like a natural disaster, a cyber-attack or outage, insolvency or political risks like conflict or civil unrest, which can all affect the ability of a business to operate normally. Several examples from 2024 highlight why companies still see BI as a major threat to their business model. Houthi attacks in the Red Sea led to supply chain disruptions due to rerouting of container ships, while incidents such as the collapse of the Francis Scott Key Bridge in Baltimore also directly impacted global and local supply chains. Supply chain disruptions with global effects occur approximately every 1.4 years, and the trend is rising, according to analysis from Circular Republic, in collaboration with Allianz and others. Those disruptions cause major economic damages, ranging up to 5% to 10% of product costs and additional downtime impacts. Cyber risks continue to increase with rapid development of technology Cyber incidents rank #2 in Asia; it is the top risk in India for the eighth consecutive year, and the second most significant risk in Japan and Singapore. The Asia Pacific region saw a 23% increase in weekly cyberattacks per organization in Q2 2024, compared to the same period in 2023. Some of the cyber incidents around the region include the attack on India’s biggest crypto exchange WazirX, the distributed denial-of-service (DDoS) attack on Japan Airlines, and cyberattack on Singapore law firm Shook Lin & Bok. Globally, Cyber incidents (38% of overall responses) rank as the most important risk for the fourth year in a row – and by a higher margin than ever (7% points). It is the top peril in 20 countries, including Argentina, France, Germany, India, South Africa, the UK and the US. More than 60% of respondents identified data breaches as the cyber exposure companies fear most, followed by attacks on critical infrastructure and physical assets with 57%. Natural catastrophes remain a major concern Natural catastrophes retain its #3 spot in Asia. The region is heating up faster than the global average, with increased casualties and economic losses from floods, storms, and more severe heatwaves. It is the top risk in Japan, which faced a M7.5 earthquake in the Noto Peninsula that resulted in insured losses of US$3bn, with economic losses reaching US$12bn, as well as in Hong Kong, which experienced its heaviest rain in November 2024 since records began 140 years ago due to Typhoon Haikui. Globally, Natural catastrophes remain at #3 with 29%, although more respondents also picked this as a top risk year-on-year. For the fifth time in a row in 2024, insured losses surpassed US$100bn. 2024 is expected to have been the hottest year on record. It was also a year of terrible natural catastrophes with extreme hurricanes and storms in North America, devastating floods in Europe and Asia and drought in Africa and South America. Resources: Global

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