Australian energy storage company Redflow Limited (ASX: RFX) today announced it will raise $18.1 million in equity capital to scale up battery production and to grow Australian and international sales.
The Brisbane-based company is raising the funds through a combination of a placement to new investors and a fully underwritten rights issue offered to all current shareholders.
Redflow Chairman Brett Johnson said Redflow had made significant progress in the past six months. “We’ve opened our new wholly-owned manufacturing facility in Thailand which is making quality battery stacks,” he said.
Centrify, a leading provider of Zero Trust Security through the power of Next-Gen Access, has announced an industry-first high tech leadership campaign to Secure the Vote for the 2018 midterm congressional elections in the United States.
Centrify is offering to provide US state, county, and city Election Boards and officials with the protection of its Next-Gen Access solutions at no cost for the first eight months of a 12-month or longer SaaS subscription, importantly covering this year’s congressional and gubernatorial elections.
Centrify’s offer was unveiled the same week that the Australian Government revealed that hundreds of Australian companies were targeted last year by suspected Russian state-sponsored cyber attacks that affected millions of machines worldwide. Also, a US “60 Minutes” report, titled When Russian Hackers Targeted the US Election Infrastructure, validates that the main target in the 2016 US election was election boards, and that up to 90,000 voter records were compromised.
Centrify CEO Tom Kemp said US democracy was under attack. “There is mounting concern that the 2018 midterms could result in more cyber assaults on election systems than in 2016,” he said.
Centrify, a leading provider of Zero Trust Security through the power of Next-Gen Access, announced overnight at the RSA Conference in San Francisco that it is extending its Zero Trust Security platform to DevOps environments.
Centrify customers can now reduce their exposure to common security threats in their application development pipelines without compromising security, velocity, or scalability by leveraging Centrify Next-Gen Access.
While the introduction of microservices, container-based architectures, and DevOps practices has revolutionised software development, they have made access management increasingly complex for companies that adopt these new technologies, tools, and methodologies.
Security and operations teams must manage and audit permissions and credentials for a growing number of user and system accounts. This challenge is compounded by traditional methods of securing development environments requiring manual interventions and restrictive controls that significantly restrict the agility of development and operations (DevOps).
Centrify vice president of product strategy David McNeely said DevOps created a challenge for organisations that sought agility while maintaining security in broadly-distributed networks. “Prioritising functional needs over security while building applications exposes organisations to significant risk,” he said.