FBI warns texts between Android, Apple phones pose cybersecurity risk
It's a good time to go back to landlines. government officials Smartphone users have been warned to stop sending text messages as the threat of cyber attacks increases. This year, a malicious actor known as Salt Typhoon, believed to be from China, hacked carriers like AT&T, T-Mobile, and Verizon, spying on customers on any of […]
Street note lifts cybersecurity stocks, supports our call to own two names in sector – CNBC
Every weekday, Jim Cramer's CNBC Investment Club releases the Homestretch, a practical afternoon update to coincide with the last hour of trading on Wall Street. Bonds in the driver's seat: Stock markets take a breather Monday. A pullback this week would end the S&P 500's longest six-week winning streak of the year. Against the market, […]
AI advancements can be both a tool and a threat, cybersecurity officials say
Cybersecurity experts say there has been a significant increase in ransomware attacks in recent years. “You know, any serious organization today assumes there will be a breach,” says James Gerber, CFO of SimSpace. “You have to assume that attackers are going to get in, because they will. The question is, once they do get in, […]
Cybersecurity Start-up Wiz Rejects $23 Billion Google Acquisition Offer
Cybersecurity startup Wiz turned down a $23 billion acquisition offer from Google, opting instead to pursue an initial public offering (IPO) in what would have been the internet giant’s largest acquisition ever. of The New York Times Reports Wiz, a privately held cybersecurity company, has made a major decision that could change its trajectory. Last […]
Cybersecurity startup Wiz turns down $23B Google acquisition: report
Cloud security startup Wizz has reportedly pulled out of talks to be acquired by Google parent Alphabet for $23 billion, a deal that would have been the search giant’s largest acquisition to date. Wizz CEO Assaf Rapaport told employees the company would instead pursue an initial public offering, as it had said last year. “It […]
CrowdStrike’s Global Computer Outage Reignites Concerns over Cybersecurity Industry Concentration, ‘RussiaGate’ Ties
The recent global IT outage caused by a faulty update by CrowdStrike has focused new attention on the cybersecurity company’s market power and its controversial role in the “Russiagate” hacking investigation of the 2016 Democratic National Committee (DNC). of Financial Times Reports CrowdStrike, a leading cybersecurity company that protects 29,000 customers worldwide, has revealed that […]
Google nears $23B deal for cybersecurity startup Wiz: report
Google’s parent company Alphabet is reportedly in talks to acquire cybersecurity startup Wizz for around $23 billion. Wall Street Journal report Monday. If the deal goes through, it would be the tech giant’s largest acquisition ever. The move comes as Alphabet and other tech companies face increased antitrust scrutiny, and the acquisition could also help […]
Chinese company Shein plans to expand in US supply chain, poses cybersecurity risk: experts
Chinese fast fashion giant Shein is considering expanding its supply chain across the United States, but experts warn the company’s plans could pose serious cybersecurity risks. The primarily online retailer, known for its cheap, trendy fashion items and valued at $66 billion in March, plans to sell its supply chain technology to global companies, and […]
Japan, a Longtime U.S. Cybersecurity Concern, Just Stopped Using Floppy Disks
Japan’s “Digital Minister” Taro Kono announced on Wednesday that the government will no longer use floppy disks to store data. Japan’s reliance on outdated technology has long been a major concern for allied cybersecurity experts. “We won the floppy disk war on June 28th!” Kono Declared He noted that Wednesday marked the day the final […]
‘Clever’ copy-and-paste scam targets Google Chrome users: cybersecurity experts
Google Chrome users are the latest group to be targeted by a scam enticing them into copying and pasting malicious malware onto their computers. Cybersecurity experts Proofpoint have warned users to be on the lookout for pop-up notifications saying there’s an error when trying to open a document or web page. A Proofpoint spokesperson said […]