Day: June 6, 2023

New research underscores importance of effective cyber awareness training for employees to decrease cyber risks, with more than 50% of leaders indicating their employees lack proper knowledge

SUNNYVALE, Calif., June 06, 2023 (GLOBE NEWSWIRE) —

John Maddison, EVP of Products and CMO at Fortinet
“Our 2023 Security Awareness and Training Global Research Brief underscores the crucial role employees play in preventing cyberattacks. It also highlights the critical need for organizations to prioritize security awareness and training services to ensure employees serve as the first line of defense.”

News Summary
Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today released its 2023 Security Awareness and Training Global Research Brief, highlighting the importance of organizations building a cyber-aware workforce to strengthen their security posture and reduce cyberattacks.

Enabling Employees to Protect their Organization’s Most Critical Digital Assets
Organizations are grappling with an increasingly sophisticated threat landscape. The most recent Global Threat Landscape Report from Fortinet’s FortiGuard Labs found that ransomware threats remain at peak levels with no evidence of slowing down globally. At the same time, Fortinet’s 2023 Cybersecurity Skills Gap Global Report found that 84% of organizations experienced one or more breaches in 2022.

And now the latest research from Fortinet’s 2023 Security Awareness and Training Global Research Brief reveals that more than 90% of leaders believe that increased employee cybersecurity awareness would help decrease the occurrence of cyberattacks. As organizations face increasing cyber risks, the research highlights the important role of employees in serving as an organization’s first line of defense in protecting their organization from cybercrime. Additional key findings from Fortinet’s research include:

• Employees are being targeted by cyber criminals. The research found that 81% of organizations faced malware, phishing, and password attacks last year which mainly were targeted at users. This underscores that employees can be an organization’s weakest point or one of its most powerful defenses.
• Having an effective training program is key to instilling good cyber hygiene in employees. Eighty-five percent of leaders say their organization has a security awareness and training program, yet more than 50% believe their employees still lack cybersecurity knowledge. This gap suggests the training programs in place may not be as effective as they could be, resulting in inconsistency in how employees apply good cyber hygiene practices or that training is not reinforced sufficiently.
• Cybersecurity is increasingly becoming a priority for the Board of Directors. The report found that 93% of organizations indicated their board of directors are asking about the organizations cyber defenses and strategy.

Building a Cyber Aware Workforce with Fortinet’s Security Awareness and Training Service
For organizations looking to implement cybersecurity awareness training for their employees or those evaluating the effectiveness of their current program, Fortinet offers its Security Awareness and Training service to develop a cyber-aware workforce. Designed by the Fortinet Training Institute’s world-class trainers, the service covers a broad range of topics in a practical way and reinforces learnings with reminders and checks, helping to improve training outcomes. Organizations deploying the service also have access to a dashboard and reporting to address cyber insurance and compliance needs.

The service uniquely leverages FortiGuard Labs threat intelligence, providing frequently updated training informed by developments observed across the threat landscape. Additionally, the service aligns with the National Institute of Standards and Technology (NIST) guidelines – NIST 800-50 and NIST 800-16 – to further ensure key topics are covered including, information security, data privacy, physical security, password protection and internet security.

Fortinet has also tailored this service for educators and made it available for free to school districts and systems across the United States and local education authorities in the United Kingdom, with plans to continue increasing access globally.

About the Fortinet Cyber Awareness Survey:

• The survey was conducted among more than 1,800 IT and/or cybersecurity decision-makers from 29 different locations.
• Survey respondents came from a range of industries, including technology (21%), manufacturing (16%), and financial services (13%).

Additional Resources

• Read more about the importance of cyber awareness training for employees in this blog.
• Learn about Fortinet’s free cybersecurity training, which includes broad cyber awareness and product training. As part of the Fortinet Training Advancement Agenda (TAA), the Fortinet Training Institute also provides training and certification through the Network Security Expert (NSE) Certification, Academic Partner, and Education Outreach programs.
• Read about how Fortinet customers are securing their organizations.
• Follow Fortinet on Twitter, LinkedIn, Facebook, and Instagram. Subscribe to Fortinet on our blog or YouTube.

About Fortinet
Fortinet (NASDAQ: FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere you need it with the largest integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet’s solutions, which are among the most deployed, most patented, and most validated in the industry. The Fortinet Training Institute, one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. FortiGuard Labs, Fortinet’s elite threat intelligence and research organization, develops and utilizes leading-edge machine learning and AI technologies to provide customers with timely and consistently top-rated protection and actionable threat intelligence. Learn more at https://www.fortinet.com, the Fortinet Blog, and FortiGuard Labs.

FTNT-O

Copyright © 2023 Fortinet, Inc. All rights reserved. The symbols ® and denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiMail, FortiSandbox, FortiADC, FortiAI, FortiAIOps, FortiAntenna, FortiAP, FortiAPCam, FortiAuthenticator, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCentral, FortiConnect, FortiController, FortiConverter, FortiCWP, FortiDB, FortiDDoS, FortiDeceptor, FortiDeploy, FortiDevSec, FortiEdge, FortiEDR, FortiExplorer, FortiExtender, FortiFirewall, FortiFone, FortiGSLB, FortiHypervisor, FortiInsight, FortiIsolator, FortiLAN, FortiLink, FortiMoM, FortiMonitor, FortiNAC, FortiNDR, FortiPenTest, FortiPhish, FortiPlanner, FortiPolicy, FortiPortal, FortiPresence, FortiProxy, FortiRecon, FortiRecorder, FortiSASE, FortiSDNConnector, FortiSIEM, FortiSMS, FortiSOAR, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLM and FortiXDR. Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments.

Media Contact:	Investor Contact:	Analyst Contact:
Stephanie Lira Fortinet, Inc. 408-235-7700 pr@fortinet.com	Peter Salkowski Fortinet, Inc. 408-331-4595 psalkowski@fortinet.com	Brian Greenberg Fortinet, Inc. 408-235-7700 analystrelations@fortinet.com

GlobeNewswire Distribution ID 8852874

NEW YORK, June 06, 2023 (GLOBE NEWSWIRE) — Madison Realty Capital, a vertically integrated real estate private equity firm focused on debt and equity investment strategies, today announced it has originated a $262 million construction loan to developers PMG and E11EVEN Partners for E11EVEN Residences Beyond, an ultra-luxury, dual-tower development located in Miami’s District 11 neighboring the E11EVEN Hotel & Residences Miami development.

Josh Zegen, Managing Principal and Co-Founder of Madison Realty Capital, said, “We are excited to draw from our significant expertise and scale in the Miami market to work with PMG and E11even Partners to deliver an exciting new luxury residence centrally located in Miami’s vibrant District 11. PMG has already successfully presold 83% of residences to date as Miami continues to attract major businesses and demand from professionals seeking highly amenitized housing options continues to rise. PMG has decades of experience and development expertise in Miami, and we are pleased to work with them again to deliver a flexible financing solution for E11even Residences Beyond.”

“It is an exciting time to be in Miami’s burgeoning District 11, as evidenced by strong sales and continued support from top lenders such as Madison Realty Capital. Together with our partners, we are thrilled to have reached this important milestone, as we embark on our journey in building E11EVEN Residences Beyond,” said Andrew Warman, Managing Director at PMG.

“We are confident that E11EVEN Residences Beyond will enhance the neighborhood, seamlessly blending exclusive residential ambiance with exceptional entertainment, exquisite dining, and the dynamic energy District 11 is renowned for. With this loan secured, we are eager to welcome future residents to this extraordinary project and deliver an unparalleled, VIP experience,” added Ryan Shear, Managing Partner at PMG.

Centrally located in Downtown Miami’s District 11, E11EVEN Residences Beyond and E11EVEN Hotel & Residences Miami offer a resort-style, entertainment-driven experience and destination – the first of its kind in the Southeastern United States. Floor plans at both of its towers range from studios to two bedrooms in addition to a presidential collection and penthouse suites. Each unit comes equipped with fully-integrated “smart building” features, Subzero and Wolf appliances, custom ITALKRAFT Italian cabinetry, top-level finishes, and designer-curated furnishings. The soaring 65-story towers will be designed by internationally renowned Sieger Suarez Architects with interiors by award-winning design firm AvroKO. E11EVEN Partners Marc Roberts, Michael Simkins, and Dennis DeGori and PMG partners Kevin Maloney, Ryan Shear and Dan Kaplan are the developers behind the E11EVEN Hotel & Residences development.

Amenities for E11EVEN Residences Beyond and E11EVEN Hotel & Residences include a Chopra Spa & Studio, a five-star restaurant collection by Riviera Dining Group, a casino-style sports lounge, a med spa, a rooftop pool and bar, an E11EVEN day club and pool on the 11^th floor, and both a second-floor restaurant with a ground-floor escalator entrance for direct access and an upscale lounge and private membership club located on the tower’s rooftop, created by Riviera Dining Group.

In addition to the amenities at the E11even Hotel & Residences, buyers at E11EVEN Residences Beyond will have exclusive access to the E11EVEN Beyond Members Social Club and private facilities including a helipad, a signature restaurant, fully staffed executive office suites, a state-of-the-art fitness center, an expanded resort-style pool, and The Clayton, an ultra-premium social club.

The transaction was brokered by Jones Lang LaSalle (NYSE: JLL).

For more information on E11EVEN Hotel & Residences, please visit www.E11EVENResidences.com.

About Madison Realty Capital
Madison Realty Capital is a vertically integrated real estate private equity firm that, as of March 31, 2023, manages $10 billion in assets on behalf of a global institutional investor base. Since 2004, Madison Realty Capital has completed $23 billion of real estate transactions largely through direct lending to borrowers with flexible and highly customized financing solutions. Madison Realty Capital’s strong underwriting capabilities provide certainty of execution in complex, time sensitive situations. Headquartered in New York City, with offices in Los Angeles, Dallas, and Israel, the firm has 75 employees across its real estate investment, asset management, and development disciplines. Madison Realty Capital has been named to Commercial Observer’s prestigious “Power 100” list of New York City real estate players every year since 2016 and was recognized in March 2023 by PERE as the Debt Firm of the Year, North America for Fiscal Year 2022. To learn more, follow us on LinkedIn and visit madisonrealtycapital.com.

About PMG
Founded in 1991 by Kevin Maloney, Property Markets Group (PMG) has evolved from a local New York City based real estate operator to a national investment, development, and asset management firm focused on large scale multifamily and for-sale condominium projects, as well as select high-performing commercial holdings.

Today PMG is run by Managing Partners Ryan Shear and Dan Kaplan, currently operating across Florida, New York, Colorado, Tennessee, and Georgia. Their vertically integrated team has departments specializing in acquisitions and land use, design and architecture, construction management, capital markets, asset management, sales and marketing, as well as significant in-house legal and accounting capabilities.

PMG’s current multi-billion dollar nationwide portfolio includes assets across pre-development, construction, lease-up, and sell out, totaling more than 8,500 residential units and over 16 million square feet of development. Notable rental projects under the Society Living brand platform include locations in Denver, Nashville, Atlanta, Brooklyn, Orlando, Fort Lauderdale and Miami. Notable current condominium projects include 111 West 57th Street in New York City; E11EVEN Hotel & Residences, Waldorf Astoria Hotel & Residences and The Elser Hotel & Residences in Miami; as well as Sage Longboat Key Residences and One Park Sarasota on Florida’s west coast. Additionally, PMG is growing its Affordable Housing division nationally. For more information, visit propertymg.com.

About E11EVEN Partners
E11EVEN PARTNERS is a leading hospitality, lifestyle, and entertainment company based in Miami, Florida. Led by Dennis DeGori, Michael Simkins, and Marc Roberts, along with operating partners Gino LoPinto, Daniel Solomon, Ken DeGori, Frances Martin and Derick Henry E11EVEN PARTNERS is responsible for the ownership, marketing, management, and the creative direction of E11EVEN MIAMI and Rooftop. With over 150 years of combined experience between its partners, E11EVEN PARTNERS possesses one of the industry’s most dynamic leadership teams.

With its launch in 2014, E11EVEN ultraclub concept was the first of its kind, creating an unparalleled hospitality and nightlife experience for its guests. E11EVEN’s accolades include being awarded “Best New Nightclub Concept,” perennially voted among the top 10 nightclubs worldwide, and becoming the highest-grossing nightclub per square foot globally.

In addition to E11EVEN MIAMI, E11EVEN PARTNERS has continued to develop and expand the E11EVEN name & lifestyle with the creation of E11EVEN Brand; the E11EVEN Life hat and apparel line; E11EVEN Sound By Das Audio; E11EVEN Music; E11EVEN Captain’s Club; E11EVEN Vodka, for which they licensed its name; E11EVEN Crypto; and the new rooftop restaurant, Giselle.

E11EVEN PARTNERS is poised for growth and continued success with future projects in real estate, hospitality, and entertainment with their eye on the future.

Media Contact
For Madison Realty Capital:
Nathaniel Garnick/Grace Cartwright
Gasthalter & Co.
(212) 257-4170
madisonrealty@gasthalter.com

For PMG:
Levy Public Relations
pmg@levypublicrelations.com

GlobeNewswire Distribution ID 8852810

WASHINGTON, June 06, 2023 (GLOBE NEWSWIRE) — The Sabin Vaccine Institute today awarded the 30^th Albert B. Sabin Gold Medal Award to Thomas P. Monath, MD, and its Rising Star Award to Sangwe Clovis Nchinjoh, MD, MPH, in a ceremony at Washington D.C.’s National Academy of Sciences building.

Dr. Monath was selected for the Gold Medal for his more than four decades of commitment to advancing knowledge of arboviruses and vaccine research and development (R&D) that contributed to the development of several innovative vaccines including those for Ebola Zaire, smallpox, dengue, Japanese encephalitis and West Nile.

The Gold Medal, celebrating three decades of recognition, is Sabin’s highest scientific honor. It is given annually to a distinguished member of the global health community who has made exceptional contributions to vaccinology or a complementary field. Past award recipients include leaders of vaccinology and vaccine advocacy such as Drs. Barney Graham, Carol Baker, Bill Foege, Anne Gershon, Stanley Plotkin, and Kathrin Jansen.

“We are delighted to recognize Dr. Monath with our Gold Medal award for his lifelong commitment to prevent and control infectious disease and for his exemplary work on numerous vaccines that have benefitted humanity and saved lives,” says Amy Finan, Sabin’s chief executive officer. “His leadership in the vaccine field is unique in that he developed important vaccines as well as led public efforts to prepare for and address major global health threats.”

Dr. Thomas P. Monath, 30th Sabin Gold Medal Awardee

Dr. Monath said the Gold Medal stands out among the honors he has received over the years. “It was always my ambition to develop vaccines, make vaccines, do something tangible to help people. In my early career as an epidemiologist, I didn’t get a chance to develop the actual countermeasures that help save people’s lives, especially in underserved populations. That was the appeal that motivated me. It is a great honor to win this recognition, but that honor really rests on the contributions of my peers and many colleagues along the way.”

After serving as an epidemiologist and Director of the Division of Vector-Borne Viral Diseases at the Centers for Disease Control and Prevention (CDC), Dr. Monath moved to the U.S. Army to learn vaccine development first-hand and retired as colonel after serving as Chief of the Virology Division at the U.S. Army Medical Research Institute of Infectious Diseases (USAMRIID).

In over 20 years in public service, he was deeply engaged in investigating emerging viral diseases, such as viral encephalitis, dengue, yellow fever, and Lassa fever, affecting underserved countries in Africa and Latin America. He was responsible for uncovering the rodent host reservoir of Lassa fever.

In the private sector, he developed a novel platform for vaccine development and brought four human vaccines and one veterinary vaccine through regulatory approval, including a second-generation smallpox vaccine. He has published more than 425 scientific papers, six books on virology and vaccine development, and has 35 patents to his name.

Sabin’s Rising Star is awarded to encourage and recognize the next generation of vaccine and immunization leaders. Dr. Nchinjoh, a physician, was selected for developing ground-breaking techniques to reach zero-dose children — those who have never received the protection of routine childhood vaccinations — in missed communities and conflict settings in Cameroon.

“With his focus on strengthening immunization and health services among some of our most neglected communities, Dr. Nchinjoh exemplifies the spirit behind the Rising Star award,” says Finan. “His contributions to identify and immunize zero-dose children in Cameroon serves as a model for other countries trying to reach those populations and can go a long way toward improving vaccination rates in much of the world.”

Dr. Sangwe Clovis Nchinjoh, Sabin 2023 Rising Star Awardee

“I am most proud of the ripple effects from this award,” says Dr. Nchinjoh. “It’s going to help to share what we’ve been doing all these years, share the lessons, and help stakeholders adopt new methods for reaching communities. It’s also going to touch a lot of people that I work with, who will be inspired by seeing that the work we do is appreciated.”

A public health researcher with more than five years of leading and coordinating high impact multi-stakeholder programs, Dr. Nchinjoh’s findings led to the development and testing of service delivery models in sample communities in all ten regions of Cameroon. More than 8,500 zero-dose children in 20 target health areas were reached, including increasing vaccination coverage from 0% to 70% in a hard-to-reach island in Manoka district.

For more about the recipients, see:
https://www.sabin.org/events/2023-albert-b-sabin-gold-medal-ceremony/recipients

About the Sabin Vaccine Institute

The Sabin Vaccine Institute is a leading advocate for expanding vaccine access and uptake globally, advancing vaccine research and development, and amplifying vaccine knowledge and innovation. Unlocking the potential of vaccines through partnership, Sabin has built a robust ecosystem of funders, innovators, implementers, practitioners, policy makers and public stakeholders to advance its vision of a future free from preventable diseases. As a non-profit with three decades of experience, Sabin is committed to finding solutions that last and extending the full benefits of vaccines to all people, regardless of who they are or where they live. At Sabin, we believe in the power of vaccines to change the world. For more information, visit www.sabin.org and follow us on Twitter, @SabinVaccine.

Media Contact:
Monika Guttman
Media Relations Specialist
Sabin Vaccine Institute
+1 (202) 662-1841
press@sabin.org

Photos accompanying this announcement are available at
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GlobeNewswire Distribution ID 8852911