World Trustmark and Trade Alliance

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Announcing Scamadviser’s 3rd Foundation Partner

(20 April 2021) – Scamadviser today announced that Group-IB has joined Scamadviser as Foundation Partner! This makes Group-IB our third Foundation Partner along with React and Trend Micro.

Together with Group-IB Scamadviser will work on improving the Russian version of Scamadviser.com and its underlying algorithm in order to inform and protect consumers in the Russian language area better.

In addition, Flashstart and DNSFilter have joined us as Corporate Members to fight online scams.

This edition also includes an aricle on Classiscam, which is a criminal network stealing millions by operating courier and delivery scams.

About Scamadviser
Scamadviser helps over 2.5 million consumers every month to discover if a website is legitimate or a scam.

Scamadviser helps consumers making their online shopping decisions by rating websites with the Scamadviser Trust Score. The algorithm of Scamadviser utilizes 40 independent data sources. From the IP address of the websserver, the availability of contact details on the website, the age of the URL, ratings on review sites and much much more.

About Group-IB
Group-IB is a Singapore-based provider of solutions for the detection and prevention of cyberattacks and online fraud, IP protection, and high-tech crime investigations. Group-IB’s Threat Intelligence & Attribution system has been named one of the best in class by Gartner, Forrester, and IDC.

Group-IB’s technological leadership and R&D capabilities are built on the company’s 17 years of hands-on experience in cybercrime investigations worldwide and 60,000 hours of cybersecurity incident response accumulated in our leading forensic laboratory and round-the-clock CERT-GIB. Group-IB is a partner of INTERPOL, Europol, and has been recommended by the OSCE as a cybersecurity solutions provider.

2020 WTA Annual Report

2020 is a memorable year for the world. We appreciate all the members’ and partners’ achievements as well as contributions to facilitate trustmarks and trades. This annual book contents messages from management team, WTA history and milestone, honorary experts, our news and activities, member lists/activities/update, and annual meeting summary report.

To see the content, please contact us here.

The Greater Bay Area cross-border e-commerce resource center establishment

(Hong Kong – March 24, 2021) – The Hong Kong Federation of E-Commerce (HKFEC) today announced the joint of “Guangdong-Hong Kong-Macao Greater Bay Area Cross-border E-commerce Resource Center” with other cities in China mainland in order to provide an economic and trade platform for exchanges and cooperation between cross-border e-commerce enterprises and related enterprises in the Guangdong-Hong Kong-Macao Greater Bay Area.

For more information, please visit https://hkfec.org/GBAcenter/.

TrustArc Launches PrivacyCentral for Data Privacy Programs

(San Francisco – March 9, 2021) – TrustArc, the leader in data privacy management and automation, today announced PrivacyCentral, the first data intelligence center that provides a single point of entry for managing every phase of an organization’s privacy journey. PrivacyCentral simplifies the creation and management of ongoing privacy programs and eliminates the reliance on repetitive compliance processes as a new regulation is introduced.

Data privacy is of enormous importance to companies today. Consumers will pay a premium to vendors that exhibit more stringent privacy policies, and are more likely to trust companies that don’t collect as much personal data. Moreover, nearly three-quarters of organizations report enjoying significant business benefits from stronger privacy practices, and many feel that the greatest obstacle to leveraging data is data privacy. However, many organizations still use a piecemeal approach to building data privacy programs or solutions that require manual input and rely on point-in-time assessments.

For more information, please visit here.

2020 WTA Annual Meeting – Summary

(30 December 2020) – The world has been facing huge challenges with COVID-19 pandemic since the beginning of 2020. This inevitable situation affects us to change the way we communicate and doing businesses. Accordingly, World Trustmark and trade Alliance (WTA) held the 2020 Annual Meeting through online channel with attending member entities, honorary members and distinguished guests.

Theme of 2020 Annual Meeting was “Trust Essential-Everything About Trust” reflecting the truth that trust remains essential to people, businesses and every economy. Business replies on trust to obtain transactions and consumer confidence. People need trust on the transactional environment to get life essentials. Technology is able to be trustworthy by accommodating into accountability, transparency and self-regulations. Everything is based on trust to sustain and to grow the economy under these uncertainty era and speedy technology.

The meeting started with welcome speeches from WTA Rotating Chairperson Dr. JJ Pan of Acxiom US and WTA Vice Chairperson Mr. Mandai Eiichiro of ODR Room Japan. WTA Honorary Vice Chairperson, Professor Zhang Ping of Beijing University addressed the importance of accountable data flow and certifications for cross border businesses. Key note speech of E-commerce Business Alliance of Asia Pacific Economic Corporation, Professor Wang Jiang was on the critical value of inclusive supply chain to digital trade, US privacy professional, senior SVP of TrustArc Hilary M. Wandall talked about the status and challenges of existing cross-border data flow and certification systems in the world. Senior manager of Japan Electronics and Information Technology Industries Association Mitch Chihara, addressed the critical data circle and related achievements of different industries in Japan, Malaysia expert, SVP of cyber security Sazali Sukardi mentioned on the developments and issues of IOT security, and the last one of morning session was senior Lead Auditor from Taipei speaking about future WTA cross-border trustmarks.

The afternoon tracks were focused on the status update of WTA members and WTA per se. The research manager of Zhongxin E-commerce Transactional Assurance and Promotional Center from Shenzhen China, Pan Yao updated national and international standardizations related to develop trustworthy E-Commerce. Chair of Hongkong Federal E-commerce, Joseph Yuan introduced developments of reliable International Data Center. Managing Director of E-commerce Foundation, Jorij Abraham reported the status of global scams and future plan. Senior analyst of Cybersecurity Malaysia, Hasnida Zainuddin, foreign affair manager of Tradesafe from Japan, Mandai Eiichiro and Chief Privacy Officer of CommerceNet Singapore, Mr. Ramesh E.V. Balakrishnan spoke the professional developments of their trustmarks in respective countries.

Before closing remark come, attendees including Jovel Cipriano of Skipperlabs from Philippine, Dr. Toh Sea Kiat of CommerceNet from Singapore etc. discussed the challenge and future plan of WTA based on the survey responses by members and partners during this Sep. This extensive discussions and suggestions of upcoming member fees and cross border trustmark had been raised, so they will be followed up in the next task force meeting. Also, the host country of 2021 annual meeting and the following chairmanship would be nominated during next 2 months.