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VCI Global to Announce Fiscal Year 2024 Financial Results on May 13, 2025
Globenewswire· 2025-04-29 12:30
KUALA LUMPUR, Malaysia, April 29, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”), today announced that it will release its financial results for fiscal year 2024, ended December 31, 2024, before markets open on May 13, 2025. VCI Global’s management team will hold an earnings call at 8:00 a.m. Eastern Time on May 13, 2025, to discuss the Company’s financial and business outlook. Please call the conference telephone number 10 minutes prior to the start time. To acce ...
Actelis Networks Receives New Order for Critical Infrastructure Modernization in Japan
Globenewswire· 2025-04-29 12:30
Core Viewpoint - Actelis Networks, Inc. has received a new order to supply advanced networking technology for critical infrastructure modernization in Japan, emphasizing its strategic presence in the region [1][3]. Company Overview - Actelis Networks, Inc. is a market leader in hybrid fiber-copper, cyber-hardened networking solutions, focusing on rapid deployment in wide-area IoT applications across various sectors including government, military, and utilities [4]. - The company's innovative portfolio offers fiber-grade performance while maintaining the flexibility and cost-efficiency of hybrid fiber-copper networks [4]. Recent Developments - The new order, placed through a leading Japanese distributor, aims to enable secure connectivity for infrastructure applications, particularly in transportation systems, utilities, and defense networks [2]. - This order builds on Actelis' established presence in Japan, where it has previously supplied solutions for major highway and rail systems [3]. - Actelis' hybrid-fiber networking solutions allow organizations to achieve fiber-grade performance while leveraging existing wiring infrastructure, significantly reducing deployment time and costs [3]. Strategic Importance - Japan is identified as a strategic region for Actelis, with the company providing secure connectivity solutions that can be rapidly deployed over existing infrastructure, thus saving time and costs for network operators [3].
Overwatch Unveils Streamlined Cybersecurity Bundles to Accelerate Customer Outcomes
Globenewswire· 2025-04-29 12:30
Core Insights - High Wire Networks, Inc. has evolved its Overwatch cybersecurity portfolio to address the increasing threat of multi-vector attacks, introducing four streamlined solutions: Essential, Core, Proactive, and Complete [1][3][4] - The new offerings are designed to meet organizations at any stage of their cybersecurity journey, providing advanced multi-vector defense strategies tailored to operational maturity [1][4] - The transformation aims to simplify the pathway for organizations to enhance their cybersecurity capabilities, enabling them to scale and mature their security postures without unnecessary complexity [2][3] Product Offerings - Essential: Fundamental security services needed to defend against common threats [8] - Core: Provides deeper visibility and network insight for organizations enhancing their internal cybersecurity capabilities [8] - Proactive: Focuses on advanced risk reduction and data protection strategies to minimize vulnerabilities [8] - Complete: Offers comprehensive cybersecurity operations for organizations requiring full-spectrum resilience against sophisticated threats [8] Company Background - High Wire Networks is a global provider of managed cybersecurity services, serving over 1,100 managed security customers through more than 200 channel partners [5] - The company has been recognized as a Top 15 Managed Security Service Provider in the Americas for 2024 by Frost & Sullivan and has made it to CRN's MSP 500 and Elite 150 lists for 2023 and 2024 [6]
Commvault(CVLT) - 2025 Q4 - Earnings Call Transcript
2025-04-29 12:30
Commvault Systems (CVLT) Q4 2025 Earnings Call April 29, 2025 08:30 AM ET Company Participants Michael Melnyk - Head, IRSanjay Mirchandani - President and Chief Executive OfficerJen DiRico - CFOParam Singh - Executive Director Conference Call Participants Eric Heath - Vice President - Equity Research AnalystAaron Rakers - Managing Director & Technology AnalystRudy Kessinger - Managing Director - Senior Equity Research AnalystJames Fish - MD & Senior Research AnalystHoward Ma - Director & Equity Research Ana ...
Cycurion, Inc. Announces $6 Million Contract Award by Major Municipal Transportation Agency
Globenewswire· 2025-04-29 12:15
Award demonstrates Cycurion’s growth in public, transportation sector through comprehensive IT and cybersecurity services offeringMCLEAN, Va., April 29, 2025 (GLOBE NEWSWIRE) -- Cycurion (Nasdaq: CYCU) (“Cycurion” or the “Company”), a trusted leader in IT cybersecurity solutions and AI, announces it has been awarded a $6 million contract by a major municipal transportation agency. Under this contract, Cycurion will deliver a wide range of professional consulting services, including Audit and Cybersecurity S ...
Silicom .(SILC) - 2025 Q1 - Earnings Call Presentation
2025-04-29 11:14
Off-the-Shelf Products Investor Presentation April 28, 2025 Safe Harbor Guidelines & Legal Notes The information presented today contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Such statements may include, but are not limited to, anticipated future financial and operating results and Silicom's outlook and prospects. Those statements are based on management's current beliefs, expectations and assumptions, which may be affected by subsequent business, po ...
Best Defense Stocks in 2025
MarketBeat· 2025-04-28 16:23
Core Insights - The recent passing of a continuing resolution (CR) by Congress highlights evolving priorities and potential investment opportunities, particularly in defense spending [1][2] Defense Industry - Defense spending is a key area of focus, with an additional $9 billion secured for the Department of Defense (DoD) through the latest CR, emphasizing modernization and new technologies [2] - Lockheed Martin is identified as a leading defense stock, currently priced at $476.44, with a 12-month price forecast of $544.79, indicating a 14.35% upside potential [4] - Northrop Grumman, with a current price of $480.81, has a 12-month price forecast of $545.31, reflecting a 13.42% upside, supported by a record backlog exceeding $94 billion [8][9] - Axon Enterprise, a provider of technology solutions for law enforcement, has a current price of $596.91 and a 12-month price forecast of $626.45, showing a 4.95% upside [10] Company Performance - Lockheed Martin's stock is down over 15% from its October 2024 highs despite a record revenue year in 2024 and solid momentum in 2025 [4][5] - Northrop Grumman's revenue topped $41 billion in 2024, and the company was awarded over $50 billion in new contracts, contributing to long-term stability [8][9] - Axon Enterprise has seen a significant price increase of over 95% in the last 12 months, indicating strong growth potential despite being considered pricey by traditional valuation measures [11]
Fortinet Threat Report Reveals Record Surge in Automated Cyberattacks as Adversaries Weaponize AI and Fresh Techniques
Globenewswire· 2025-04-28 13:00
Core Insights - The 2025 Global Threat Landscape Report from FortiGuard Labs indicates a significant rise in Cybercrime-as-a-Service on the darknet, leading to a booming market for credentials, exploits, and access [1][2] Group 1: Cybercrime Trends - Automated scanning has reached record highs, with a 16.7% year-over-year increase in 2024, resulting in 36,000 scans per second globally [3] - Darknet marketplaces have become sophisticated, with a 39% increase in new vulnerabilities added to the National Vulnerability Database, totaling over 40,000 in 2024 [3] - AI is being leveraged by cybercriminals to enhance phishing attacks and evade security measures, with tools like FraudGPT and BlackmailerV3 becoming more prevalent [3] Group 2: Targeted Sectors - Critical sectors such as manufacturing (17%), business services (11%), and healthcare are experiencing a surge in tailored cyberattacks, with the United States being the most targeted country at 61% [3] - Cloud security risks are escalating, with 70% of incidents involving logins from unfamiliar geographies, emphasizing the need for identity monitoring [3] Group 3: Credential Theft - Over 100 billion compromised records were shared on underground forums in 2024, marking a 42% increase, largely due to the rise of "combo lists" containing stolen credentials [3] - Prominent cybercriminal groups like BestCombo and ValidMail are actively lowering the barrier to entry for cybercrime by packaging and validating stolen credentials [3] Group 4: Recommendations for Cybersecurity - The report provides actionable insights for CISOs, emphasizing the need for a proactive, intelligence-led defense strategy that incorporates AI and continuous threat exposure management [4][5] - Strategies include continuous attack surface management, real-world emulation of adversary behavior, and leveraging dark web intelligence to preemptively mitigate threats [8]
Commvault Announces Next Evolution of Cleanroom Recovery that Further Reduces Risk of Restoring Compromised Infrastructure
Prnewswire· 2025-04-28 12:30
Commvault extends the power of its advanced Cleanroom Recovery technology to managed service providers focused on keeping enterprises resilient TINTON FALLS, N.J., April 28, 2025 /PRNewswire/ -- Commvault, a leading provider of cyber resilience and data protection solutions for the hybrid cloud, today announced highly differentiated capabilities with its Cleanroom Recovery offering that usher in a new era in end-to-end recovery following cyberattacks.Studies show that it takes enterprises 24 days, on averag ...
Commvault Enhances Cyber Recovery Offerings with CrowdStrike Incident Response
Prnewswire· 2025-04-28 12:30
Expanded collaboration delivers a unified set of services, bringing together best-in-class offerings for incident response, cyber recovery and resilience TINTON FALLS, N.J., April 28, 2025 /PRNewswire/ -- Commvault, a leading provider of cyber resilience and data protection solutions for the hybrid cloud, today announced an expanded partnership with CrowdStrike, a global leader in cybersecurity. Together, the companies are delivering a trusted pathway to CrowdStrike's elite incident response services, suppo ...