COMMENT: The malware spreads through a WhatsApp worm that steals contacts and sends infected files to fresh targets.BSCN (@BSCNews):BRAZIL SOUNDS ALARM ON NEW WHATSAPP CRYPTO MALWARE WAVE- Brazil’s cybersecurity teams are warning users about a fast-moving malware campaign spreading through WhatsApp.- The threat stems from a new banking Trojan called Eternidade Stealer, marking one of the sharpest rises in https://t.co/ysrEMnr2NZ ...

Congratulations to our very own Chief Information Security Officer, @JasonCISO, for his inclusion on The @Forbes CIO Next List: 2025, recognizing the top 50 leaders leveraging #tech and #AI for business impact! #cybersecurity #securityRead more👇https://t.co/0w4846346A ...

How the classic anime ‘Ghost in the Shell’ predicted the future of cybersecurity 30 years ago https://t.co/AOH5174ecu ...

Financial Data and Key Metrics Changes - The sale of the CloudFirst subsidiary was completed for $40 million, which was projected to generate approximately $25 million in annual revenue and $5.5 million in EBITDA with no debt [6][10] - Sales from continuing operations (Nexus subsidiary) were $417,000 for Q3 2025, an increase of $92,000 or 28.2% from $325,000 in Q3 2024 [7] - Net income attributable to common shareholders for Q3 2025 was $16.8 million compared to $122,000 for Q3 2024, driven by the gain recognized on discontinued operations [10] Business Line Data and Key Metrics Changes - Sales from continuing operations for the nine months ended September 30, 2025, were $1.1 million, an increase of approximately $159,000 or 17.6% from $900,000 in the same period last year [8] - Selling, general, and administrative expenses for Q3 2025 increased by $313,000 or 31.8% to $1.3 million from $984,000 in Q3 2024, primarily due to non-cash stock-based compensation and salary adjustments [8][9] Market Data and Key Metrics Changes - The company ended Q3 2025 with cash, cash equivalents, and marketable securities of approximately $45.8 million, up from $12.3 million at the end of 2024 [10] Company Strategy and Development Direction - The company is focusing on building DSC 2.0, a streamlined operation pursuing selective opportunities in high-value markets, following the sale of CloudFirst [4][11] - The company is exploring strategic acquisitions in areas such as GPU-based computing, AI-enabled infrastructure, and cybersecurity, while emphasizing disciplined execution and prudent capital allocation [11][12] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the transformative impact of the CloudFirst sale, which strengthened the financial position and clarified strategic direction [11] - The company plans to complete the tender offer and share buyback process, finalize cash position, and pursue acquisitions that provide recurring revenue [12] Other Important Information - A special committee has been established to oversee the tender offer and buyback process, ensuring transparency and alignment with shareholder interests [5] - The company is launching a new corporate website to reflect its streamlined profile and future direction [5] Q&A Session Summary Question: Possible outcomes of the tender offer for cash position - Management estimated that if everything is tendered, the cash position could range from approximately $5 million to $15 million, but this is difficult to forecast accurately [16][18] Question: Non-recurring charges in SG&A for Q3 2025 - Management confirmed that there were no non-recurring charges in Q3 2025, and the SG&A number is a good run rate going forward [20] Question: Direction for acquisitions and focus on Nexus - Management indicated that there is potential for acquisitions to bolster Nexus, particularly in VoIP and data access companies, which could enhance revenue streams [22][24]

Financial Data and Key Metrics Changes - The sale of the CloudFirst subsidiary was completed for $40 million, which was projected to generate approximately $25 million in annual revenue and $5.5 million in EBITDA with no debt [6][10] - Sales from continuing operations (Nexus subsidiary) were $417,000 for Q3 2025, an increase of $92,000 or 28.2% from $325,000 in Q3 2024 [7] - Net income attributable to common shareholders for Q3 2025 was $16.8 million compared to $122,000 for Q3 2024, driven by the gain recognized on discontinued operations [10] Business Line Data and Key Metrics Changes - Sales from continuing operations for the nine months ended September 30, 2025, were $1.1 million, an increase of approximately $159,000 or 17.6% from $900,000 in the same period last year [8] - Selling, general, and administrative expenses for Q3 2025 increased by $313,000 or 31.8% to $1.3 million from $984,000 in Q3 2024, primarily due to increased non-cash stock-based compensation [8][9] Market Data and Key Metrics Changes - The company ended Q3 2025 with cash, cash equivalents, and marketable securities of approximately $45.8 million, compared to $12.3 million at December 31, 2024 [10] Company Strategy and Development Direction - The company is focusing on building DSC 2.0, a streamlined operation pursuing selective opportunities in high-value markets, emphasizing disciplined execution and operational efficiency [11] - The company is exploring strategic acquisitions in emerging areas such as GPU-based computing, AI-enabled infrastructure, and cybersecurity [11][12] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the transformative impact of the CloudFirst sale, which strengthened the financial position and clarified strategic direction [11] - The company plans to complete the tender offer and share buyback process, after which capital allocation plans will be finalized [12] Other Important Information - A special committee has been established to oversee the tender offer and buyback process, ensuring transparency and alignment with shareholder interests [5] - The company is forming a special advisory group to identify and evaluate strategic opportunities that align with long-term growth objectives [12] Q&A Session Summary Question: Possible outcomes of the tender offer for cash position - Management estimated that if everything is tendered, the cash position could range from approximately $5 million to between $10 million and $15 million [16][18] Question: Non-recurring charges in SG&A for Q3 2025 - Management confirmed there were no non-recurring charges in Q3 2025, indicating that the SG&A number is a good run rate going forward [20] Question: Direction for acquisitions and focus on Nexus - Management indicated that there is potential for acquisitions to bolster Nexus, particularly in the VoIP and data access sectors, which could provide stable revenue streams [24][25]

“If we want to protect ourselves, we’ve got to be considerate of the employees, and their retraining opportunities.”Kris Lovejoy, Global Security Leader at Kyndryl, spoke about the cybersecurity risks that come with AI at the 2025 #ForbesCIO Summit in New York City. https://t.co/jZ95WzYDRh ...

"If you don't need the data, if it's no longer serving a purpose, don't keep it around."Mike Britton, CIO at Abnormal AI, spoke about the cybersecurity risks that come with AI at the 2025 #ForbesCIO Summit in New York City.https://t.co/tSdVcE6Xvo https://t.co/GMTlD8VxpH ...

Business Trends in 2026 - AI automation is a key area to watch [1] - Cybersecurity will be a significant focus [1] Source - Forbes contributor Bernard Marr shares projections [1]

Core Insights - The article discusses the introduction of two new ETFs by Fundstrat, named the Fundstrat Granny Shots US Small- & Mid-Cap ETF (GRNJ) and Granny Shots US Large Cap & Income ETF (GRNI), which follow the success of the existing Fundstrat Granny Shots US Large Cap ETF (GRNY) [2][3] Group 1: Fundstrat's ETF Strategy - Fundstrat's ETFs are designed to cater to current market demands, focusing on moving away from megacap stocks and generating income [3] - The existing GRNY ETF has performed well, returning approximately 30% this year, which is nearly double the S&P 500's performance, and has reached $3 billion in assets under management [3] - The "granny shot" investment philosophy involves selecting stocks based on at least two of seven identified market driver themes, ensuring a diversified portfolio [3] Group 2: Details of New ETFs - GRNJ will select between 20 to 100 positions from US stocks in the bottom 15% by market capitalization, approximately $25 billion or less [4] - GRNI will apply the same thematic selection but will focus on companies in the top 85% of market capitalization, with a goal of distributing income monthly [4] - As of the latest update, the new ETFs were pending listings and had not yet begun trading on the exchange [4]

Core Insights - First Commonwealth Financial Corporation has appointed Joseph V. DiVito Jr. to its Board of Directors, effective immediately, bringing extensive experience in information technology, cybersecurity, regulatory compliance, data privacy, and governance [2][3] Company Overview - First Commonwealth Financial Corporation is headquartered in Indiana, Pennsylvania, and operates 127 branches across Pennsylvania and Ohio, providing a full range of commercial and retail banking services [4] Board Appointment Details - Joseph V. DiVito Jr., age 58, retired as a Principal of Pricewaterhouse Coopers LLP in June 2025 after a 35-year career, and holds multiple degrees and certifications in business administration, law, and information privacy [3] - DiVito's expertise spans various industries, including retail, manufacturing, hospitality, technology, pharmaceuticals, utilities, insurance, and banking [3] Strategic Importance - The appointment of DiVito is expected to enhance the company's governance and risk management capabilities as it navigates a complex financial and digital landscape [3]