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X @Bloomberg
Bloomberg· 2025-06-30 21:24
RT Jake Bleiberg (@JZBleiberg)Cybersecurity woes are plaguing the US Treasury Department, deepening a rift between the agency responsible for protecting the integrity of the financial system and the banks it regulates.W/@jordanr1000, @hannahlevitt and @JasonLeopoldGift link 👇https://t.co/TpLCpnwYXK ...
Cybersecurity Stock Ready to Extend Run Higher
Schaeffers Investment Research· 2025-06-30 18:51
Core Insights - Cloudflare Inc (NYSE:NET) shares have increased by 0.7% to $195.32, reaching a three-year high of $196.20, supported by the 20-day moving average [1] - The stock has gained 135.7% year-over-year and 81.4% year-to-date in 2025, indicating a strong upward trend [1] - A historically bullish signal is currently present, suggesting continued momentum in the stock's performance [1] Volatility and Price Movement - The recent peak in Cloudflare's stock price coincides with low implied volatility, as indicated by a Schaeffer's Volatility Index (SVI) of 37%, which is in the 15th percentile of its annual range [2] - Historically, similar conditions have led to an 80% chance of the stock rising one month later, with an average increase of 11.3% [2] - A similar upward movement could push the stock price above $217 for the first time since 2021 [2] Analyst Sentiment - Despite a generally bullish outlook among analysts, there remains some pessimism, with 13 out of 31 firms rating the stock as "hold" or worse [4] - The 12-month consensus target price is $159.83, representing an 18.1% discount to current levels, indicating potential for price-target increases [4] Options Trading Potential - Investors looking to capitalize on Cloudflare's potential price increase may consider options trading, as the Schaeffer's Volatility Scorecard (SVS) ranks high at 80 out of 100 [5] - This high score suggests that the stock has historically exceeded volatility expectations, which is advantageous for options buyers [5]
INVESTIGATION ALERT: Berger Montague PC Investigates Aflac, Inc.'s Board Of Directors For Breach of Fiduciary Duties (NYSE: AFL)
Prnewswire· 2025-06-30 18:04
Core Viewpoint - Aflac Inc. is under investigation for potential breaches of fiduciary duty and corporate governance failures related to a recent cybersecurity breach that may have compromised sensitive personal data of customers and employees [1][2][3] Group 1: Cybersecurity Breach - On June 12, 2025, Aflac disclosed that unauthorized actors accessed its U.S. systems, potentially compromising personal data including Social Security numbers, health records, and insurance claim information [2] - The company is currently assessing the full scope of the data exposure resulting from the breach [2] Group 2: Investigation Details - Berger Montague is evaluating whether Aflac's officers and directors failed to implement adequate cybersecurity protocols and whether they provided timely and accurate disclosures regarding the breach [3] - The investigation will also consider if there was a breach of the duty of oversight by Aflac's leadership [3]
X @Bloomberg
Bloomberg· 2025-06-30 17:25
The International Criminal Court contained a “sophisticated and targeted” cybersecurity incident that it first identified last week, the organization said https://t.co/UgmLVO4jVN ...
WISeKey Shareholders Approved All Agenda Items of the 2025 Annual General Meeting
Globenewswire· 2025-06-30 13:15
Core Points - WISeKey International Holding Ltd's shareholders approved all agenda items during the 2025 Annual General Meeting held on June 27, 2025 [1][2] - The re-election of all eight current members of the Board of Directors, including Mr. Carlos Moreira as Chairman, was confirmed for a one-year term ending at the conclusion of the 2026 AGM [2] - The company expressed gratitude to shareholders for their support and confidence, emphasizing a commitment to building a stronger company for all stakeholders [3] Company Overview - WISeKey is a global leader in cybersecurity, digital identity, and IoT solutions, operating as a Swiss-based holding company with several operational subsidiaries [4] - The subsidiaries focus on various technology areas, including semiconductors, secure authentication, satellite communication, blockchain NFTs, and decentralized internet solutions [4][5] - WISeKey has deployed over 1.6 billion microchips across various IoT sectors, playing a vital role in securing the Internet of Everything [5]
X @TechCrunch
TechCrunch· 2025-06-28 13:35
FBI, cybersecurity firms say a prolific hacking crew is now targeting airlines and the transportation sector | TechCrunch https://t.co/fcxmzTDInU ...
X @IcoBeast.eth🦇🔊
IcoBeast.eth🦇🔊· 2025-06-27 20:25
We've gotta be less than 24 hours from a random KOL getting all of their accounts and wallets smoked by NK hackers via a malicious Gmeet or Zoom link while trying to sell their profile for way more than anyone would ever seriously offer them ...
X @Forbes
Forbes· 2025-06-27 02:32
A former intelligence operative in Israel’s military warned of Iran’s cyber capabilities. But the U.S.’s cyber agency may struggle to respond.Read more: https://t.co/8XmHQ1cyoz https://t.co/4UvN0cnk0u ...
Microsoft transfers a top cybersecurity executive out of the company's security group, internal memo shows
Business Insider· 2025-06-26 20:16
Microsoft transferred its chief information security officer out of the company's security organization, in a move that hints at the growing importance of artificial intelligence at the software giant. As CISO, Igor Tsyganskiy, is responsible for securing Microsoft's own business, and setting cybersecurity standards across the company.He will now report to EVP Scott Guthrie, who runs Microsoft's Cloud + AI group. This is the organization that runs important business like Microsoft's Azure cloud and the tea ...
An AI Bot Beats Top Human Hackers
Bloomberg Technology· 2025-06-26 20:16
Key Findings - An AI, specifically from XPO, tops HackerOne's US leaderboard, marking the first time a machine achieves this [1][2] - Cyber attacks are increasing, and software vulnerabilities are growing due to more engineers and code development with AI, which is trained on vulnerable open-source software [3][4] - CISOs and CIOs are seeking consolidated cybersecurity solutions, indicating a market need for platforms like XPO that can find and automatically fix vulnerabilities [4][5] XPO's Strategy and Capabilities - XPO aims to build a cybersecurity platform that helps find and fix vulnerabilities automatically, emphasizing the importance of defense tech in the current landscape [5][6] - XPO's AI identifies vulnerabilities in top companies like Palo Alto Networks, AT&T, Disney, and Sony, with these companies proactively fixing the issues [7][8] - XPO is focused on speed to stay ahead of cyber threats, emphasizing the need to secure perimeters before attacks occur [9][10] Market and Investment Perspective - AI is significantly impacting various fields, including defense, cybersecurity, customer service, and software engineering, reinventing large industries [12] - XPO aims to enhance the performance of cybersecurity professionals and automate mundane tasks like reconnaissance, scanning, exploitation, and reporting [13] - XPO is focused on working with top companies in sectors with the greatest security needs, such as financial services and healthcare [15]