Latest news with #CASB
Channel Post MEA
07-05-2025
- Business
- Channel Post MEA
CyberKnight Signs a Strategic value-Added Distribution Partnership with Netskope
CyberKnight has signed a strategic value-added distribution partnership with Netskope during GISEC 2025. Leveraging CyberKnight's proven expertise and coverage, this collaboration aims to empower regional entities to modernize security and safeguard data across all sectors. The partnership ensures enteprise and government organizations can benefit from Netskope's global innovation and local infrastructure to accelerate performance and get unprecedented visibility into any cloud, AI, web, and private application activity while reducing risks. As a modern SASE and SSE solution, the Netskope One platform delivers unified data security and adaptive threat protection, combining CASB, SWG, ZTNA, DLP, DSPM and other capabilities with patented AI innovations that detect anomalies, block zero-day threats, and prevent data exfiltration across cloud and AI apps, endpoints, and IoT. With 70% of enterprises in the region now prioritizing AI-driven threat detection and zero-trust frameworks, Netskope's cloud-native, AI-ready architecture and expansive NewEdge network provide the speed, resilience, and performance required for today's digital enterprises. 'Netskope goes to market through a network of strategic partnerships and alliances across the region. We work closely with our channel partners who over many years have built strong relationships with enterprise customers and government, who rely on them to recommend and deliver modern cybersecurity solutions, essential to stay ahead of an ever-evolving threat landscape'. 'Netskope was founded on the belief that continuous innovation is essential to help organizations modernize networks and security,' said Michael Herman, Vice President Channel Sales, EMEA & LATAM at Netskope'. 'Our partnership with CyberKnight, announced at GISEC 2025, will help expand our regional coverage, help our partners deliver modern cybersecurity solutions and better serve organizations in the region to protect data, securely enable AI usage and build cyber resilience for the future. Cyberknight is committed to building a comprehensive set of skills and services to help partners and customers deploy and deliver Netskope technology at scale. This will enable enterprises and governments to embrace digital transformation with confidence, knowing their users, data, and applications are protected by industry- leading, AI-centric security.' 'Partnering with Netskope marks a pivotal step in our mission to bring the world's most advanced cloud and AI security to the region,' added Avinash Advani, Founder & CEO, at CyberKnight. 'With our focus on technical excellence and Netskope's cutting-edge platform, we will enable our customers to confidently navigate digital transformation, protect critical assets, and achieve compliance in an increasingly complex threat environment. This collaboration will ensure that organizations across the region have access to market-leading, best-of-breed technology to defend against cyber threats as they accelerate the journey to the cloud.' 0 0
Yahoo
21-04-2025
- Business
- Yahoo
CASB seeks public comments on elimination of certain standards
The Cost Accounting Standards Board (CASB) has issued an advanced notice of proposed rulemaking, inviting public comments on the proposed elimination of two cost accounting standards, CAS 404 and CAS 411. This move is part of the CASB's efforts to harmonise government cost accounting standards with generally accepted accounting principles (GAAP), as mandated by the National Defense Authorization Act for Fiscal Year 2017. The CASB has noted that since the introduction of CAS 404 and CAS 411, GAAP has undergone revisions, leaving minimal differences between these standards and GAAP. The board proposes to eliminate both standards, except for certain provisions in CAS 404-50(d)(1) related to business combinations, which are suggested to be moved to CAS 418-50. For contractors with CAS-covered contracts, the proposed changes would mean that tangible capital assets from an acquired company must still be capitalised at the seller's net book value if they incurred costs on government contracts in the last accounting period before the business combination. The minimum acquisition cost threshold, previously set at $5,000 under CAS 404, would be removed. CAS 411 outlines two acceptable average costing methods for inventory valuation - 'weighted average cost' and 'moving average.' Although GAAP broadly refers to average costing methods, the CASB expects contractors to continue using one of the two specified methods, as no widely established third method was identified. GAAP does not require written statements of accounting policies and practices, unlike CAS 404 and CAS 411. However, the CASB anticipates that contractors will still develop and maintain written accounting policies to satisfy other requirements, such as those for CAS disclosure statements. The current notice follows several actions taken by the CASB in June 2024. These actions, along with public comments, are said to have shed light on the priorities for CAS reform and improvement Proposed revisions to CAS 403, CAS 414, and CAS 417 aim to resolve conflicts between CAS and GAAP concerning operating revenue and lease accounting. Additionally, the CASB has proposed removing the requirements of CAS 408 and CAS 409 that are redundant with GAAP. This follows industry feedback that supported the elimination of CAS 408, while opinions varied on the fate of CAS 409. Lastly, the CASB has requested public feedback on the applicability of CAS to indefinite delivery vehicles, offering six potential options for determining when and how CAS should apply to IDV contracts, seeking to clarify current ambiguities. "CASB seeks public comments on elimination of certain standards" was originally created and published by The Accountant, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
