Features
COVID-19: How it’s affected Israeli-owned local engineering company Iris Construction Management – Part 1 of a series
Ed. note: A while back I was put in touch with a university student by the name of Jon Van Deer Veen who told me that he would like to gain some experience working for The Jewish Post & News over the summer before returning to school.
Jon explained that he had spent last summer in Israel on a program known as MASA which, according to the MASA Israel Journey website, “is the leader in immersive international experiences in Israel for young adults (18-30).”
I asked Jon whether he’d consider writing about local businesspeople who belong to the Jewish Business Network (an organization I helped to start, along with Tamar Barr of the Rady JCC, five years ago). Jon said he’d be glad to take on the project and will be writing a continuing series for us over the coming months.
Here is the first of his submissions:
By JON VAN DEER VEEN
To get an insight into the economic impact of the Covid-19 shutdown, we have reached out to many businesses to get their stories. One of the first interviews on the subject was with Alex Rubanny, the Vice-President of Planning and Engineering at Iris Construction Management.
Iris Construction Management was founded by two Israelis, Dmitry Kruglik and Alex Rubanny, who emigrated to Canada to begin a new life. Both of them had been successful structural and mechanical engineers in Israel. They have over 30 years of combined experience in the industry, which means they bring a level of in-depth professional knowledge to their company, not always found among executives. Having “cut their teeth” in the extremely competitive environment of the Israeli construction industry, they dedicate themselves to cost savings and franchise optimization. Naturally, I was very excited when Alex agreed to an interview with me because his focus on economic efficiency is a valuable lesson for struggling businesses to hear during the current quarantine in which thousands of companies have been forcibly closed, many never to reopen.
Our conversation began by us discussing how Covid-19 has affected his business and his clients. Alex was very upfront with me and said companies that are his usual clients are struggling. According to Alex, besides the industries which have been entirely shut down, those businesses which remain partially open are experiencing severe cash flow problems and do not have the cash reserves to sustain themselves.
A JP Morgan study backs his claims, noting that less than one-half of all small businesses maintain a cash reserve equal to one month’s expenses. So, in an attempt to stay open many companies such as restaurants have shifted their business models, and now focus on delivery services. However, Alex doesn’t think that will be enough for many restaurants to survive.
He emphatically stated: “Every month they are losing income, every month the restaurants stay shut down will take one year of recovery, EVERY MONTH, so if they are shut down for three months that means they will probably need three years of recovery from Covid.” This was a shocking statement to hear, but it made sense once he explained it.
Restaurants and many other service sector businesses struggle to get by in the most normal of times and operate on extremely tight margins. Moreover, many companies have high overhead operating costs which don’t go away even if their customers do; electricity, heat, and rent are ever-present expenses, as well as the salaries and material costs that are necessary to continue operating.
I then pressed him further on operating expenses and asked how the global pandemic and quarantine surrounding Covid-19 has disrupted the supply chains across the planet that many people and businesses rely upon. His response again was not great news to hear for local store owners: “Oh yeah, definitely. Some of the equipment suppliers have shut down their businesses, and some have reduced volume, and we are facing serious delays with equipment these days, so we are searching for new suppliers.”
However, what he said next might give some hope for small business owners as he talked about overhead costs. “Different times bring opportunities for small businesses and small suppliers who have maybe fewer people; they could be more cost-effective because they have fewer employees and less volume so these days their prices are becoming more cost-effective for us.”
Alex continued to explain that before, he and Dmitry used to work with big suppliers to ensure equipment deliveries were on time, and that they had a large variety of products to choose from, but these days they are moving into smaller business models and letting small businesses provide them with services, regardless of the lower quality warranties and customer service. Essentially, businesses that don’t require thousands of overseas offices and large warehouses full of products, but instead supply you directly from the manufacturer, can survive because they lack the large expenses of other companies and, as a result, aren’t nearly as leveraged through the purchase of what are now useless assets waiting in storage.
Not knowing too much about the construction management industry, I asked Alex how his company can save money for his clients, and he laid it out plainly: “We are an outsourcing company, so we get paid by the project – not as if we had a construction manager for our company where we would pay his salary if we had a project or not; you’re still paying a salary to an accountant, money for the researchers, and stuff like that.”
He continued: “In-house construction managers hire general contractors who would add a cost on top of every item they supply, like fryers, grills, exhaust hoses and every material.
“We are working differently; we are sourcing from specific contractors, not general contractors, and then we are able to save on the general contractor profit, and we are able to save on the profit they put on the equipment because we are the sole supplier for the entire operation. So, when you come to us, and you need architects, engineers, having to apply for permits, or supervisors, you get everything in one company – everything through one office and therefore you can save on cost because you don’t need so many people around.”
Alex explained how he has avoided accepting common inefficiencies in the industry in order to reduce costs for his clients. What particularly struck me was how much time wastage there is in so many construction projects and how a general contractor’s supply costs could be inflated by 20-30 percent to cover expenses that can be incurred while not actively working on a project, such as in winter.
To finish off our discussion, I asked Alex his thoughts on reopening, and he gave me a mixed response. Iris Construction Management looks forward to reopening because they see it as an opportunity to display their cost-saving techniques, but Alex realizes that for many businesses, it will take a long time to recoup the losses incurred from the Covid-19 quarantines and many more will never reopen.
Features
Hacker and Fraud Prevention for Online Gambling Profiles
Safeguard your online casino & sports betting accounts from cyber threats
Follow these 10 vital steps to reinforce your online gambling profile by enabling two-factor authentication, using VPNs, unique passwords and more.
With the global online gambling market projected to reach over $100 billion by 2026, securing your online casino and sportsbook accounts is more critical than ever. As digital wallets swell with winnings so too does the motivation for cybercriminals to steal credentials and loot accounts.
#1. Activate Two-Factor Authentication
Topping the list is two-factor authentication (2FA) – requiring two credentials to login instead of one at FanDuel. Often this entails providing your password plus a one-time code sent via SMS or email.
Per an Oracle study, implementing 2FA would have thwarted 99% of historical cyber attacks that involved stolen credentials.
Most regulated online gambling sites offer 2FA, accessible under account settings. Turn it on immediately for stronger defense.
#2. Never Reuse or Recycle Passwords
A cardinal sin is recycling the same password across multiple sites or services. Once one account is breached, cyber thieves can access more accounts using that same password.
To avoid this, every account deserves a unique, strong password. For simplicity, utilize a password manager app to randomly generate and store site-specific passwords.
#3. Install a VPN for Public Wi-Fi Access
When playing online casino games on shared/open wireless networks, your data flows openly and risks interception. That’s where virtual private networks (VPNs) come in.
VPNs encrypt all network traffic to and from your device. This protects your gambling activity and account credentials from Wi-Fi eavesdroppers. VPNs also disguise your IP address.
Some top-rated services include NordVPN, ExpressVPN and CyberGhost.
#4. Keep Software Updated & Run Anti-Virus Scans
You must keep computers and mobile devices updated with the latest OS and security patches. Postponing critical updates leaves open dangerous holes that malware exploits.
Likewise run reputable anti-virus scans to catch viruses attempting to infiltrate systems and spy on login credentials for financial accounts.
#5. Verify the Security & Encryption of Sites
When signing up at online betting sites and casinos, verify the legitimacy of their security measures:
- Confirm the address starts with HTTPS, not HTTP
- Check that data transmissions are encrypted using at least 128-bit SSL
- Ensure site has proper licensing
- Review privacy policy for data storage and sharing
Reputable sites will display trust badges from companies like Norton and TrustE.
#6. Avoid Account Sharing
While tempting to give friends or relatives access to funded accounts, sharing login credentials is extremely risky. You lose control over deposits/withdrawals while exposing yourself to potential theft.
Instead, gift deposits to other player accounts or refer them to open their own secure accounts.
#7. Beware Account Takeover Scams
Exercise caution if contacted unexpectedly about unusual account activity. Savvy scammers will pretend a breach occurred to trick you into handing over your username and password.
If concerned about account integrity, directly access the site yourself and contact customer support – don’t click any links in unsolicited emails.
#8. Monitor Financial Statements
Carefully review online betting account and credit card statements to detect unauthorized transactions right away. Dispute unrecognized activity ASAP to limit losses.
For further vigilance, some banks offer real-time purchase alerts via email or SMS.
#9. Don’t Save Payment Info
Saving credit card or e-wallet details on gambling sites for faster future deposits also expedites withdrawals – by you and potentially hackers.
Instead, manually enter payment info each time to contain potential damage from any account infiltration.
#10. Create a Secure Email
A strong yet oft-overlooked defense is creating a secure email account strictly for gambling transactions. Keep it completely separate from your personal email to isolate threats.
Use a nickname, enable 2FA and establish a strong password using special characters, numbers, case changes and 15+ letters.
Table: Comparison of Top VPNs for Online Gambling Site Security
VPN Service | Encryption Standard | Number of Server Locations | Allows P2P Traffic | Number of Simultaneous Connections | Money Back Guarantee |
NordVPN | AES 256-bit | 5400+ | Yes | 6 | 30 days |
ExpressVPN | AES 256-bit | 3000+ | Yes | 5 | 30 days |
CyberGhost | AES 256-bit | 7400+ | Yes | 7 | 45 days |
Fortify Your Online Gambling Fortress
As online casinos and sportsbooks explode in popularity, no player is immune to the growing plague of cyber fraud and account theft.
Guard your profile by enabling two-factor authentication, setting strong passwords, installing critical software updates and more. Also research site security measures and payment options.
Features
Vital Role of True Randomness in Modern Computing
The critical need for true randomness in cryptography, simulations, and more
True randomness is essential for encryption, statistical sampling, simulations, and more computing applications to work effectively. We explore why.
The concept of randomness often evokes thoughts of unpredictability and chance occurrences. However in the world of computing, having access to true randomness is vital for many critical applications to function properly. Without the ability to generate random values and data, key aspects of modern technology simply would not work reliably.
In this article, we will explore what constitutes true randomness from a computational perspective, why it is crucially important, and some of the ways that software and hardware attempt to produce randomness reliably. Gaining insight into this topic highlights the dependence much of digital functionality has on the availability of non-deterministic, uniformly distributed random data.
What Makes Randomness “True”?
For data to be considered truly random from an information theory perspective, values must satisfy key mathematical and statistical qualities, for example at Lucky Seven Casino. True randomness implies meeting three core criteria:
- Uniform distribution — All potential values have an equal probability of occurring so that no bias exists towards certain numbers.
- Independence — The value at any position does not relate to or depends on values at other positions. Previous numbers do not influence future ones.
- Unpredictability — Knowing some values provides no useful information to predict other values. Guessing upcoming numbers is mathematically impossible.
Hence, true randomness requires generated data featuring high entropy (information density) with no observable patterns or correlations over any length or time period analyzed. Values must pass various statisticatests of randomness to qualify. True randomness exists only in specific natural phenomena scientists believe exhibit fundamental uncertainty such as radioactive decay. Computational methods can attempt to produce randomness but technically generate only an approximation usually called pseudo-randomness. However for many practical purposes, computationally generated randomness proves sufficient if it passes robust statistical testing.
Why True Randomness Matters Cryptography
Arguably, the area with the most crucial dependence on true randomness is cryptography. All modern encryption technologies require random number generation to ensure security. Encryption systems work by utilizing random numbers for:
- Key generation
- Initialization vectors
- Salts
- Nonces
- Padding
Any bias, predictability or correlation within random values used for the above purposes significantly compromises encryption protocols and introduces vulnerabilities. With trillions of dollars transferred online daily and vast amounts of sensitive data stored digitally, safeguarding cryptography requires high-quality random number generation rooted in solid entropy sources.
Simulations & Modeling
Outside of security, many more computing applications need randomness to operate correctly per their design intent. Monte Carlo simulations extensively utilize randomness to model complex real-world behaviors by running many iterations with differing random inputs. Financial analysis, climate modeling, nuclear reactions and molecular behavior represent common Monte Carlo simulation applications.
Games, Artificial Intelligence & Machine Learning
Gaming, AI and ML commonly incorporate randomness to increase variation, introduce unpredictability, and improve realism. For example, non-player characters in video games use randomness for movement, dialog and behavior to feel more lifelike and less robotic. AI/ML leverage randomness to train networks more thoroughly against a wider possibility space and build more resilient models less prone to biases.
Generating True Randomness via Hardware
Given the pervasive need for genuine randomness across computing, how do software and hardware reliably produce it? Most systems today use either specialized hardware random number generators or hybrid combinations of hardware and software.
Hardware options utilize the inherent randomness within low-level physical phenomena to produce entropy. Different techniques for generating randomness exist but most hardware implementations focus on three main sources:
- Thermal Noise
- Semiconductor Quantum Physics
- Chaotic Oscillator Outputs
Generator Type | Description |
Thermal Noise | Amplifies and extracts random electrical noise from resistor thermal vibrations |
Quantum Physics | Leverages quantum mechanical properties like photon emission timing from LEDs/lasers |
Chaotic Circuits | Uses unpredictable oscillator circuit outputs from chaos theory |
Semiconductor-based solutions can generate high bitrates up to 5Gbps using compact modern chip fabrication allowing extensive harvestingof entropy. However these sources derive from complex, random physical processes proving impossible to predict or fully model mathematically. This unpredictability provides excellent entropy quality unattainable via software algorithms alone.
Most general-purpose computers now integrate random number generators within CPUs allowing applications access to decent hardware-based random data. For the highest security use cases, dedicated standalone hardware random number generators exist exceeding >100Gbps speeds. Hence accessing genuine randomness is available today even on common computing devices.
Cryptographically Secure Pseudo-Random Number Generators
While hardware mechanisms utilize hard-to-predict physical phenomena to produce randomness, software solutions must take a different approach. Algorithmically-generated randomness cannot achieve true randomness from a physics perspective. However clever mathematical techniques like cyclical algorithms can generate randomness passing many statistical tests of randomness within their output bit length limits.
Cryptographically secure pseudo-random number generators (CSPRNG) serve as the premier software-based method for generating randomness. CSPRNGs work by repeatedly applying cryptographic primitives like hash or cipher functions on initial random seed values. This process produces a chain of output bits not reproducible without the original seed key. Leading CSPRNG algorithms include:
- Hash_DRBG
- HMAC_DRBG
- CTR_DRBG
Software libraries implement these CSPRNGs so developers can integrate quality randomness into applications with proper seeding. Seeding establishes the initial starting point for randomness generation using an entropy source like hardware random number generators or timing variability.
CSPRNGs allow the production of vast quantities of randomized data for any purpose needed. Compared to hardware mechanisms limited by physics on maximum speeds, algorithms scale boundlessly in the bits created as long as adequate computational power exists.
Yet key differences between software and hardware randomness remain. While CSPRNG outputs pass statistical testing and contain no observable patterns, their pseudo-randomness means given the same seed, the exact same value sequence will generate each time. Also, if a CSPRNG algorithm or implementation has flaws, adversaries could predict and exploit output resulting in compromised security. Still, with proper cryptographic design and regular reseeding, CSPRNGs provide quality randomness for most software needs.
Conclusion
From the above exploration, we see true randomness plays a pivotal role across computing – from cybersecurity to simulations and beyond. While no substitutes for true physically-derived entropy exist, modern hardware and hybrid hardware-software solutions provide abundant randomness for practical usage.
However as computing continues evolving with new technologies like quantum, ensuring high-quality randomness generation tackles emerging information security and system reliability challenges. Access to ample true randomness stands necessary now for current computing functionality and lays the foundation for future innovation.
Features
News from Israeli hotels
Introduction: The current wars in Gaza and Lebanon have had a disastrous effect on Israeli tourism. Recently we were contacted by a friend in the advertising business in Israel who asked us whether we would help to promote a couple of well-known Israeli hotels – who are hoping for a huge rebound in bookings once the wars come to an end.
Here is news about two leading Israeli hotels:
Mr. Roy Avidor is the new GM at The Ritz-Carlton, Herzliya.
We are delighted to welcome Roy Avidor as the new General Manager of The Ritz-Carlton, Herzliya!
Roy brings over a decade of leadership in the international hospitality industry, with a proven track record of operational excellence.
Most recently, Roy served as Director of Operations at the Sheraton Grand Tel Aviv, where he oversaw daily operations across multiple departments, always ensuring the highest standards of service. Prior to that, he held management positions at Celebrity Cruise Line and Isrotel Hotel Chain.
Roy’s extensive background in luxury hospitality, combined with his passion for service, makes him the perfect addition to our team and to his newest position as General Manager.
Boaz Elani Appointed General Manager of Sheraton Grand Hotel Tel Aviv
Boaz Elani has been named the new General Manager of the Sheraton Grand Hotel Tel Aviv, a prestigious property within the global luxury Marriott portfolio.
Bringing extensive expertise in luxury hospitality, Boaz most recently served as the General Manager of the Ritz-Carlton Herzliya, also part of the Marriott group. During his three-year tenure, he successfully navigated the hotel through two major challenges: the COVID-19 pandemic and the conflict in Israel. His steadfast dedication to exceptional service significantly enhanced guest satisfaction, solidifying the hotel’s reputation as a premier destination.
“I am honored by Marriott’s trust in me and thrilled to join the Sheraton Grand Tel Aviv team,” said Boaz. “This hotel holds a distinguished place as one of Israel’s finest and most iconic. Following its comprehensive renovation, we are committed to delivering unmatched experiences for our guests and continuing its tradition of excellence.”
The Sheraton Grand Tel Aviv, overlooking the Mediterranean, features 320 beautifully redesigned rooms, including premium, deluxe, and club accommodations, along with luxurious suites. Guests staying in club-level rooms enjoy exclusive access to the 18th-floor lounge, offering breathtaking sea views. The recent renovations incorporate modern aesthetics with natural, seaside-inspired materials, creating a serene and inviting ambiance.
The hotel boasts a range of world-class amenities, including a newly updated beachfront pool, a popular sushi bar open to both guests and the public, and a renowned gourmet breakfast. Its versatile meeting spaces and state-of-the-art conference halls have garnered international acclaim, earning it the 2024 World MICE Award for Best Event and Conference Hotel.
In line with Marriott’s global commitment to sustainability, the Sheraton Grand Tel Aviv has held Green Key Certification since 2014, highlighting its dedication to environmentally responsible practices.
With Boaz Elani at the helm, the Sheraton Grand Tel Aviv is poised to further elevate its status as a premier destination for both leisure and business travelers.
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